The TJX Companies Inc (TJX)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 5,967,000 | 4,636,000 | 4,398,000 | 89,000 | 4,406,180 |
| Revenue | US$ in thousands | 54,112,000 | 50,045,000 | 48,238,500 | 31,551,700 | 41,675,600 |
| Pretax margin | 11.03% | 9.26% | 9.12% | 0.28% | 10.57% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,967,000K ÷ $54,112,000K
= 11.03%
The pretax margin of The TJX Companies Inc has shown variations over the past five fiscal years. In the most recent year (ending February 3, 2024), the pretax margin improved to 11.03%, up from 9.26% in the prior year (ending January 28, 2023) and 9.12% in the year before that (ending January 29, 2022). However, in the year ending January 30, 2021, the pretax margin was significantly lower at 0.28%. The pretax margin bounced back in the fiscal year ending February 1, 2020, reaching 10.57%.
Overall, the pretax margin of The TJX Companies Inc has generally been positive, with some fluctuations observed over the years. The increase in the pretax margin in the most recent year indicates improved efficiency in generating profits before accounting for taxes.
Peer comparison
Feb 3, 2024