The TJX Companies, Inc. (TJX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 14.32B | 17.74B | 15.12B | 14.4B | 13.11B | 16.35B | 14.06B | 13.47B | 12.48B | 16.41B | 13.27B | 12.76B | 11.78B | 14.52B | 12.17B | 11.84B | 11.41B | 13.85B | 12.53B | 12.08B |
| Revenue Growth % | 9.24% | 8.52% | 7.49% | 6.93% | 5.06% | -0.37% | 6.02% | 5.57% | 5.91% | 13.02% | 9.02% | 7.73% | 3.31% | 4.81% | -2.91% | -1.94% | 13.08% | 26.6% | 23.87% | 81.13% |
| Cost of Goods Sold | 9.84B | 12.27B | 10.13B | 9.98B | 9.25B | 11.37B | 9.62B | 9.38B | 8.74B | 11.53B | 9.14B | 8.91B | 8.37B | 10.73B | 8.62B | 8.57B | 8.22B | 10.09B | 8.84B | 8.53B |
| COGS % of Revenue | 68.72% | 69.14% | 67.04% | 69.27% | 70.52% | 69.55% | 68.42% | 69.65% | 70.03% | 70.25% | 68.9% | 69.84% | 71.07% | 73.91% | 70.88% | 72.37% | 72.09% | 72.86% | 70.5% | 70.61% |
| Gross Profit | 4.48B | 5.48B | 4.98B | 4.42B | 3.87B | 4.98B | 4.44B | 4.09B | 3.74B | 4.88B | 4.13B | 3.85B | 3.41B | 3.79B | 3.54B | 3.27B | 3.18B | 3.76B | 3.7B | 3.55B |
| Gross Margin % | 31.28% | 30.86% | 32.96% | 30.73% | 29.48% | 30.45% | 31.58% | 30.35% | 29.97% | 29.75% | 31.1% | 30.16% | 28.93% | 26.09% | 29.12% | 27.63% | 27.91% | 27.14% | 29.5% | 29.39% |
| Gross Profit Growth % | 15.91% | 9.98% | 12.2% | 8.24% | 3.34% | 1.97% | 7.63% | 6.24% | 9.71% | 28.89% | 16.46% | 17.6% | 7.1% | 0.76% | -4.15% | -7.8% | 12.43% | 22.85% | 20.99% | 137.69% |
| Operating Expenses | 2.79B | 3.12B | 3.01B | 2.81B | 2.55B | 3.13B | 2.75B | 2.67B | 2.4B | 3.09B | 2.58B | 2.56B | 2.24B | 2.47B | 2.19B | 2.17B | 2.09B | 2.5B | 2.3B | 2.22B |
| OpEx % of Revenue | 19.51% | 17.6% | 19.92% | 19.48% | 19.44% | 19.16% | 19.54% | 19.8% | 19.23% | 18.85% | 19.43% | 20.06% | 18.99% | 17.03% | 17.96% | 18.37% | 18.36% | 18.02% | 18.33% | 18.41% |
| Selling, General & Admin | 2.79B | 3.12B | 3.04B | 2.81B | 2.55B | 3.13B | 2.75B | 2.67B | 2.4B | 3.09B | 2.58B | 2.56B | 2.24B | 2.47B | 2.19B | 2.17B | 2.09B | 2.5B | 2.3B | 2.22B |
| SG&A % of Revenue | 19.51% | 17.6% | 20.1% | 19.48% | 19.44% | 19.16% | 19.54% | 19.8% | 19.23% | 18.85% | 19.43% | 20.06% | 18.99% | 17.03% | 17.96% | 18.37% | 18.36% | 18.02% | 18.33% | 18.41% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.69B | 2.35B | 1.97B | 1.62B | 1.32B | 1.85B | 1.69B | 1.42B | 1.34B | 1.79B | 1.55B | 1.29B | 1.17B | 1.32B | 1.36B | 1.1B | 1.09B | 1.26B | 1.4B | 1.33B |
| Operating Margin % | 11.77% | 13.27% | 13.04% | 11.25% | 10.04% | 11.3% | 12.04% | 10.56% | 10.74% | 10.9% | 11.67% | 10.1% | 9.94% | 9.06% | 11.16% | 9.26% | 9.55% | 9.12% | 11.17% | 10.97% |
| Operating Income Growth % | 28.12% | 27.45% | 16.48% | 13.92% | -1.79% | 3.24% | 9.37% | 10.32% | 14.43% | 35.95% | 13.99% | 17.5% | 7.53% | 4.11% | -2.98% | -17.22% | 42.16% | 45.69% | 30.95% | 3921.01% |
| EBITDA | 1.69B | 2.39B | 2.29B | 1.93B | 1.61B | 2.16B | 1.96B | 1.69B | 1.6B | 2.04B | 1.79B | 1.52B | 1.4B | 1.55B | 1.58B | 1.31B | 1.31B | 1.48B | 1.62B | 1.54B |
| EBITDA Margin % | 11.77% | 13.47% | 15.14% | 13.39% | 12.29% | 13.19% | 13.93% | 12.53% | 12.85% | 12.44% | 13.52% | 11.95% | 11.91% | 10.65% | 12.95% | 11.1% | 11.48% | 10.71% | 12.9% | 12.75% |
| EBITDA Growth % | 4.59% | 10.85% | 16.79% | 14.29% | 0.5% | 5.63% | 9.26% | 10.7% | 14.33% | 31.94% | 13.77% | 15.89% | 7.18% | 4.21% | -2.52% | -14.63% | 33.38% | 37.46% | 25.54% | 730.95% |
| D&A (Non-Cash Add-back) | 0 | 0 | 316M | 308M | 296M | 309M | 266M | 265M | 264M | 252M | 245M | 235M | 232M | 230.92M | 218M | 218M | 220M | 220.39M | 217.05M | 215.18M |
| EBIT | 1.69B | 2.39B | 1.94B | 1.67B | 1.36B | 1.91B | 1.76B | 1.49B | 1.41B | 1.86B | 1.61B | 1.35B | 1.23B | 1.36B | 1.38B | 1.11B | 873M | 1.26B | 1.4B | 1.08B |
| Net Interest Income | 35M | 36M | 28M | 27M | 30M | 42M | 43M | 46M | 50M | 54M | 41M | 38M | 37M | 24M | 1M | -11M | -19M | -21.08M | -20M | -28M |
| Interest Income | 35M | 36M | 47M | 45M | 48M | 59M | 63M | 66M | 69M | 73M | 60M | 57M | 59M | 44M | 21M | 10M | 2M | 736K | 2M | 1M |
| Interest Expense | 0 | 0 | 19M | 18M | 18M | 17M | 20M | 20M | 19M | 19M | 19M | 19M | 22M | 20M | 20M | 21M | 21M | 21.81M | 22M | 29M |
| Other Income/Expense | 35M | 36M | -56M | 27M | 30M | 42M | 43M | 46M | 50M | 54M | 41M | 38M | 37M | 22.98M | 1M | -11M | -237M | -21.05M | -20.67M | -270.91M |
| Pretax Income | 1.72B | 2.39B | 1.92B | 1.65B | 1.35B | 1.89B | 1.74B | 1.47B | 1.39B | 1.84B | 1.59B | 1.33B | 1.21B | 1.34B | 1.36B | 1.09B | 852M | 1.24B | 1.38B | 1.05B |
| Pretax Margin % | 12.02% | 13.47% | 12.67% | 11.44% | 10.27% | 11.55% | 12.34% | 10.9% | 11.14% | 11.23% | 11.98% | 10.4% | 10.25% | 9.22% | 11.17% | 9.17% | 7.47% | 8.97% | 11% | 8.73% |
| Income Tax | 389M | 617M | 474M | 404M | 310M | 491M | 439M | 369M | 320M | 440M | 398M | 338M | 317M | 300.54M | 296M | 276M | 265M | 302.69M | 356.04M | 268.65M |
| Effective Tax Rate % | 22.6% | 25.82% | 24.74% | 24.53% | 23.03% | 25.99% | 25.29% | 25.14% | 23.02% | 23.87% | 25.05% | 25.47% | 26.24% | 22.45% | 21.78% | 25.41% | 31.1% | 24.35% | 25.82% | 25.48% |
| Net Income | 1.33B | 1.77B | 1.44B | 1.24B | 1.04B | 1.4B | 1.3B | 1.1B | 1.07B | 1.4B | 1.19B | 989M | 891M | 1.04B | 1.06B | 810M | 587M | 940.2M | 1.02B | 785.68M |
| Net Margin % | 9.3% | 9.99% | 9.54% | 8.63% | 7.9% | 8.55% | 9.22% | 8.16% | 8.57% | 8.55% | 8.98% | 7.75% | 7.56% | 7.15% | 8.74% | 6.84% | 5.15% | 6.79% | 8.16% | 6.51% |
| Net Income Growth % | 28.57% | 26.82% | 11.18% | 13.1% | -3.18% | -0.36% | 8.9% | 11.12% | 20.09% | 35.11% | 12.04% | 22.1% | 51.79% | 10.44% | 3.91% | 3.1% | 9.94% | 188.83% | 18.04% | 466.76% |
| Net Income (Continuing) | 1.33B | 1.77B | 1.44B | 1.24B | 1.04B | 1.4B | 1.3B | 1.1B | 1.07B | 1.4B | 1.19B | 989M | 891M | 1.04B | 1.06B | 810M | 587M | 940.2M | 1.02B | 785.68M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.19 | 1.58 | 1.28 | 1.10 | 0.92 | 1.23 | 1.14 | 0.96 | 0.93 | 1.22 | 1.03 | 0.85 | 0.76 | 0.89 | 0.91 | 0.69 | 0.49 | 0.78 | 0.84 | 0.64 |
| EPS Growth % | 29.35% | 28.46% | 12.28% | 14.58% | -1.08% | 0.82% | 10.68% | 12.94% | 22.37% | 37.08% | 13.19% | 23.19% | 55.1% | 14.1% | 8.33% | 7.81% | 11.36% | 188.89% | 18.31% | 455.56% |
| EPS (Basic) | 1.19 | 1.58 | 1.28 | 1.11 | 0.92 | 1.23 | 1.15 | 0.97 | 0.95 | 1.24 | 1.04 | 0.86 | 0.77 | 0.90 | 0.92 | 0.70 | 0.50 | 0.80 | 0.86 | 0.65 |
| Diluted Shares Outstanding | 1.12B | 1.13B | 1.13B | 1.13B | 1.13B | 1.14B | 1.14B | 1.14B | 1.15B | 1.15B | 1.16B | 1.16B | 1.17B | 1.17B | 1.17B | 1.18B | 1.19B | 1.2B | 1.22B | 1.22B |
| Basic Shares Outstanding | 1.12B | 1.13B | 1.13B | 1.13B | 1.13B | 1.14B | 1.13B | 1.13B | 1.13B | 1.13B | 1.14B | 1.15B | 1.15B | 1.16B | 1.16B | 1.17B | 1.18B | 1.2B | 1.19B | 1.2B |
| Dividend Payout Ratio | 35.59% | 26.57% | 32.8% | 38.13% | 40.93% | 30.19% | 32.61% | 38.49% | 35.51% | 27.01% | 31.91% | 38.62% | 38.5% | 32.86% | 32.22% | 42.68% | 52.72% | 33% | 30.56% | 39.92% |