The TJX Companies Inc (TJX)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 6,483,000 6,437,000 6,290,000 6,411,000 6,348,000 5,832,000 5,451,000 5,070,000 5,081,920 5,093,920 5,244,920 5,395,920 5,142,590 4,889,590 4,382,865 4,266,765 4,424,465 4,717,505 5,244,270 5,055,700
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
Pretax margin 11.50% 11.41% 11.31% 11.57% 11.40% 11.21% 10.78% 10.33% 10.00% 9.66% 9.88% 10.09% 10.12% 10.18% 9.27% 8.72% 8.69% 9.15% 9.95% 9.93%

January 31, 2025 calculation

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

The pretax margin of The TJX Companies Inc has shown varying levels over the past few years. Starting from January 2022 at 9.93%, it remained relatively stable around the 9-10% range until July 2022. However, from October 2022 onwards, there was an upward trend in the pretax margin, reaching a peak of 11.50% in January 2025. This indicates an improvement in the company's ability to generate profits before accounting for taxes, reflecting potential efficiency gains or effective cost management strategies. It is essential for investors and stakeholders to monitor the pretax margin as it provides insights into the company's operational efficiency and profitability.