The TJX Companies Inc (TJX)
Gross profit margin
| Jan 31, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 17,248,000 | 17,196,000 | 16,881,000 | 14,341,000 | 14,449,000 | 10,811,000 | 10,094,000 | 9,717,000 | 9,657,550 | 8,914,109 | 9,048,109 | 9,235,889 | 8,718,799 | 9,269,840 | 8,910,100 | 11,311,170 | 8,376,462 | 10,976,222 | 9,192,672 | 8,981,752 |
| Revenue (ttm) | US$ in thousands | 56,360,000 | 56,421,000 | 55,623,000 | 55,420,000 | 55,699,000 | 52,046,000 | 50,564,000 | 49,082,000 | 50,844,200 | 52,715,400 | 53,099,400 | 53,482,700 | 50,805,500 | 48,019,300 | 47,258,800 | 48,946,900 | 50,889,100 | 51,578,000 | 52,703,400 | 50,926,100 |
| Gross profit margin | 30.60% | 30.48% | 30.35% | 25.88% | 25.94% | 20.77% | 19.96% | 19.80% | 18.99% | 16.91% | 17.04% | 17.27% | 17.16% | 19.30% | 18.85% | 23.11% | 16.46% | 21.28% | 17.44% | 17.64% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $17,248,000K ÷ $56,360,000K
= 30.60%
The gross profit margin of The TJX Companies Inc has shown fluctuations over the reporting periods outlined in the data provided. Starting at 17.64% as of January 29, 2022, the margin decreased slightly to 17.44% by January 31, 2022. There was a significant increase in the gross profit margin to 21.28% on April 30, 2022, followed by a notable drop to 16.46% on July 30, 2022.
The margin then experienced a sharp increase to 23.11% on July 31, 2022, before stabilizing around the high-teens to low 20% range for the subsequent quarters. Notably, the gross profit margin reached its highest point at 30.60% on January 31, 2025.
Overall, the trend suggests some variability in the gross profit margin of The TJX Companies Inc, with periods of both increase and decrease observed. The company may have implemented strategies to improve its cost management or pricing strategies during the periods of higher margins, while facing challenges or cost pressures during the periods of lower margins.
Peer comparison
Jan 31, 2025