The TJX Companies Inc (TJX)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 6,302,000 | 6,297,000 | 6,152,000 | 3,700,000 | 3,649,000 | 537,000 | 160,000 | 123,000 | 192,920 | -1,343,510 | -1,156,510 | -915,672 | -1,177,992 | 550,178 | 65,738 | 2,156,580 | -1,957,170 | 520,800 | -1,249,700 | -1,189,140 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | 2,900,000 | — | 2,861,000 | — | 2,860,000 | — | 2,859,000 | — | 2,858,000 | — | 2,857,000 | — | — | 3,355,000 |
| Total stockholders’ equity | US$ in thousands | 31,749,000 | 8,173,000 | 7,782,000 | 7,502,000 | 7,302,000 | 6,833,000 | 6,833,000 | 6,608,000 | 6,608,000 | 6,422,000 | 6,422,000 | 6,364,000 | 6,364,000 | 5,664,680 | 5,665,000 | 5,396,650 | 5,397,000 | 5,595,440 | 6,003,000 | 6,003,000 |
| Return on total capital | 19.85% | 77.05% | 79.05% | 49.32% | 49.97% | 7.86% | 1.64% | 1.86% | 2.04% | -20.92% | -12.46% | -14.39% | -12.77% | 9.71% | 0.77% | 39.96% | -23.71% | 9.31% | -20.82% | -12.71% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,302,000K ÷ ($—K + $31,749,000K)
= 19.85%
The return on total capital for The TJX Companies Inc has shown fluctuating trends over the given period. The return on total capital was negative in several instances, indicating that the company did not generate sufficient returns to cover both its debt and equity capital. However, there were also positive returns on total capital recorded during certain periods.
Notably, the return on total capital improved significantly in the latter part of the data range, with sharp increases recorded in August 2024, November 2024, and January 2025. These positive trends suggest that the company's profitability and efficiency in utilizing its total capital have improved during these periods.
Overall, the return on total capital analysis indicates that The TJX Companies Inc has experienced fluctuations in its performance in generating returns relative to its total capital structure. Investors and stakeholders may want to closely monitor future financial performance to assess the company's ability to sustain and improve its return on total capital.
Peer comparison
Jan 31, 2025