The TJX Companies Inc (TJX)

Pretax margin

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Earnings before tax but after interest (EBT) US$ in thousands 6,483,000 5,967,000 5,967,000 4,636,000 4,636,000
Revenue US$ in thousands 56,360,000 54,112,000 54,217,000 49,936,000 50,045,000
Pretax margin 11.50% 11.03% 11.01% 9.28% 9.26%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $6,483,000K ÷ $56,360,000K
= 11.50%

The pretax margin of The TJX Companies Inc has shown a consistent upward trend over the past few years, increasing from 9.26% in January 28, 2023, to 11.50% in January 31, 2025. This indicates that the company has been able to improve its efficiency in generating profits before accounting for taxes. The steady improvement in pretax margin reflects effective cost management, operating efficiency, or possibly an increase in revenue relative to expenses. Overall, the trend in pretax margin suggests that The TJX Companies Inc has been successful in enhancing its profitability over the analyzed period.