The TJX Companies Inc (TJX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.75% | 8.68% | 8.50% | 8.27% | 7.74% | 7.45% | 7.47% | 7.45% | 7.43% | 13.99% | 18.66% | 22.32% | 23.88% | 23.97% | 23.61% | 25.04% | 28.46% | 28.30% | 28.32% | 28.49% |
| Operating profit margin | -12.37% | -11.77% | -11.63% | -11.46% | -12.29% | -12.93% | -12.98% | -13.11% | -13.17% | -0.61% | -0.69% | 6.23% | 11.40% | 12.08% | 23.61% | 25.04% | 28.46% | 23.95% | 19.83% | 16.02% |
| Pretax margin | 11.03% | 10.42% | 10.19% | 9.90% | 9.26% | 9.23% | 9.20% | 9.14% | 9.12% | 8.12% | 7.73% | 5.74% | 0.28% | 2.72% | 3.00% | 5.77% | 10.56% | 10.48% | 10.45% | 10.50% |
| 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% |
The profitability ratios of The TJX Companies Inc have exhibited fluctuations over the periods analyzed. The gross profit margin has been relatively stable, ranging mostly between 7.43% and 8.75%. However, it spiked significantly at 13.99% in the period ending October 30, 2021, before trending downwards again.
On the other hand, the operating profit margin and net profit margin have shown more variability, with negative operating profit margins in some periods. The operating profit margin has generally remained negative, with occasional positive values in more recent periods. The net profit margin has also experienced fluctuations, with values ranging from around 6.78% to 8.27%.
It is worth noting that the pretax margin, representing the company's profitability before accounting for taxes, has been relatively stable, showing only slight variations over the periods analyzed.
Overall, the company's profitability ratios suggest a mixed performance, with fluctuations in operating and net profit margins, while the gross profit margin has remained relatively stable over time. Further analysis of the company's cost structure and revenue streams may provide insights into the factors driving these fluctuations in profitability ratios.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -22.50% | -20.34% | -20.64% | -20.15% | -21.70% | -22.38% | -23.75% | -23.44% | -22.32% | -0.92% | -1.03% | 7.71% | 11.78% | 12.78% | 29.97% | 36.30% | 49.17% | 40.07% | 34.72% | 28.19% |
| Return on assets (ROA) | 15.04% | 13.54% | 13.76% | 13.26% | 12.34% | 11.96% | 12.40% | 12.04% | 11.54% | 8.87% | 8.73% | 4.99% | 0.29% | 2.38% | 2.68% | 6.63% | 13.55% | 12.88% | 13.40% | 13.53% |
| Return on total capital | -65.85% | -63.43% | -63.04% | -62.25% | -66.70% | -74.65% | -77.94% | -72.57% | -67.90% | -2.82% | -3.04% | 20.37% | 32.61% | 36.63% | 78.80% | 77.32% | 145.69% | 125.12% | 105.27% | 86.06% |
| Return on equity (ROE) | 61.27% | 60.13% | 60.25% | 59.20% | 54.97% | 60.02% | 62.26% | 59.63% | 54.69% | 41.40% | 39.21% | 24.63% | 1.55% | 13.47% | 15.26% | 35.54% | 55.01% | 56.45% | 57.76% | 59.31% |
The profitability ratios of The TJX Companies Inc have exhibited significant fluctuations over the past few quarters.
- Operating return on assets (Operating ROA) saw a downward trend from negative figures, indicating that the company's operating income generated from its assets declined during this period. This may suggest inefficiencies in the utilization of assets to generate profits.
- Return on assets (ROA) also showed variability, but generally remained positive, reflecting the company's ability to generate profits relative to its total assets. Despite some fluctuations, the company maintained a positive return on assets throughout the period.
- Return on total capital experienced significant volatility, fluctuating between negative and positive values. The negative figures suggest that the company's total capital was not generating sufficient returns during certain periods, indicating potential financial challenges or inefficiencies in capital allocation.
- Return on equity (ROE) varied considerably, showing a mix of positive and negative values. While the company managed to achieve high returns on equity during certain quarters, there were also periods of decline, indicating fluctuations in profitability relative to shareholders' equity.
Overall, the profitability ratios of The TJX Companies Inc highlight the importance of closely monitoring the company's operational efficiency, asset utilization, and capital management to ensure sustainable profitability and shareholder value in the long term.