The TJX Companies Inc (TJX)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -6,693,000 | -6,152,000 | -6,353,750 | -8,739,960 | -4,796,180 |
| Revenue | US$ in thousands | 54,112,000 | 50,045,000 | 48,238,500 | 31,551,700 | 41,675,600 |
| Operating profit margin | -12.37% | -12.29% | -13.17% | -27.70% | -11.51% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-6,693,000K ÷ $54,112,000K
= -12.37%
The operating profit margin of The TJX Companies Inc has displayed some fluctuations over the past five years. The trend indicates a lack of consistency in the company's ability to generate profits from its core operations. The operating profit margin was at its lowest in January 2021 at -27.70%, reflecting significant challenges in managing operating expenses relative to revenues during that period. However, there was an improvement in the operating profit margin in the subsequent years, although it remained negative.
It is important for The TJX Companies Inc to focus on optimizing their operational efficiency and cost management strategies to enhance their operating profit margin in the future. Further analysis of the company's financial and operational performance would be necessary to identify specific factors causing these fluctuations in the operating profit margin and develop appropriate strategies for improvement.
Peer comparison
Feb 3, 2024