The TJX Companies Inc (TJX)
Net profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,474,000 | 4,109,000 | 3,981,000 | 3,802,000 | 3,498,000 | 3,400,389 | 3,360,389 | 3,336,070 | 3,283,000 | 2,668,134 | 2,511,790 | 1,511,889 | 90,470 | 749,737 | 711,344 | 1,684,526 | 3,272,193 | 3,128,941 | 3,062,931 | 3,043,595 |
| Revenue (ttm) | US$ in thousands | 54,112,000 | 52,435,200 | 51,336,500 | 50,421,500 | 50,045,000 | 49,201,000 | 49,566,600 | 49,558,400 | 48,238,600 | 45,096,600 | 42,682,000 | 37,514,780 | 31,836,970 | 33,400,270 | 33,734,270 | 36,848,290 | 41,716,980 | 40,637,780 | 40,012,240 | 39,561,760 |
| Net profit margin | 8.27% | 7.84% | 7.75% | 7.54% | 6.99% | 6.91% | 6.78% | 6.73% | 6.81% | 5.92% | 5.88% | 4.03% | 0.28% | 2.24% | 2.11% | 4.57% | 7.84% | 7.70% | 7.65% | 7.69% |
February 3, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,474,000K ÷ $54,112,000K
= 8.27%
The net profit margin of The TJX Companies Inc has shown fluctuations over the past several quarters. The company's net profit margin ranged from a low of 0.28% on January 30, 2021, to a high of 8.27% on February 3, 2024. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses, and a higher net profit margin indicates better profitability.
Overall, The TJX Companies Inc has generally maintained a moderate to healthy net profit margin, with the most recent figure of 8.27% being relatively strong. However, there were periods of lower profitability, such as the significant drop to 0.28% on January 30, 2021, which could be a cause for concern for investors.
It is important for investors and stakeholders to closely monitor The TJX Companies Inc's net profit margin over time to assess the company's ability to generate profits and manage costs effectively. Additionally, further analysis of the underlying factors influencing the fluctuations in net profit margin, such as changes in revenue, operating expenses, and cost of goods sold, may provide deeper insights into the company's financial performance.
Peer comparison
Feb 3, 2024