The TJX Companies Inc (TJX)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 17,248,000 | 4,734,000 | 16,266,000 | 13,787,000 | 3,872,000 |
| Revenue | US$ in thousands | 56,360,000 | 54,112,000 | 54,217,000 | 49,936,000 | 50,045,000 |
| Gross profit margin | 30.60% | 8.75% | 30.00% | 27.61% | 7.74% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,248,000K ÷ $56,360,000K
= 30.60%
The gross profit margin of The TJX Companies Inc has exhibited fluctuations over the past few years. In January 2023, the gross profit margin was notably low at 7.74%, suggesting that the company's cost of goods sold relative to its revenue was relatively high. However, by January 2024, the gross profit margin had significantly improved to 30.00%, indicating that the company was able to generate more profit from each dollar of sales.
Following this improvement, there was a slight decline in the gross profit margin to 8.75% in February 2024, which may be attributed to seasonal factors or changes in cost structures. Nonetheless, the company quickly rebounded, reaching a gross profit margin of 30.60% by January 2025, indicating a strong ability to control costs and extract value from its operations.
Overall, The TJX Companies Inc's gross profit margin has shown resilience and a capacity for improvement over the analyzed period, reflecting effective management of costs and operations.
Peer comparison
Jan 31, 2025