The TJX Companies Inc (TJX)
Return on equity (ROE)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,864,000 | 4,474,000 | 4,474,000 | 3,498,000 | 3,498,000 |
| Total stockholders’ equity | US$ in thousands | 8,393,000 | 7,302,000 | 7,302,000 | 6,364,000 | 6,364,000 |
| ROE | 57.95% | 61.27% | 61.27% | 54.97% | 54.97% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,864,000K ÷ $8,393,000K
= 57.95%
The Return on Equity (ROE) for The TJX Companies Inc has shown a consistent and healthy performance over the years based on the provided data. In January 2023 and February 2024, the ROE was recorded at 54.97%, reflecting a strong profitability in relation to the company's equity. The ROE increased to 61.27% in January 2024 and was maintained at the same level in the subsequent period, which indicates an improvement in generating profit from shareholders' equity. However, in January 2025, the ROE slightly decreased to 57.95%, but still remains at a relatively high level compared to industry standards. Overall, The TJX Companies Inc's ROE demonstrates the company's ability to efficiently utilize shareholders' equity to generate profit and create value for investors.
Peer comparison
Jan 31, 2025