The TJX Companies, Inc. (TJX) Stock

The TJX Companies, Inc. (TJX) is a Consumer Discretionary stock trading at $141.32 (as of 2026-08-20), with a market capitalization of $156.12B and a trailing P/E of 27.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; and other merchandise. As of February 23, 2022, it operated 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 293 Winners, 147 HomeSense, and 106 Marshalls stores in Canada; 618 T.K. Maxx and 77 Homesense stores, as well as tkmaxx.com in Europe; and 68 T.K. Maxx stores in Australia. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

Understand The TJX Companies, Inc.: how it makes money

TJX operates off-price apparel and home fashions retail concepts (Marmaxx, HomeGoods, TJX Canada, and TJX International) and makes money by selling merchandise such as family apparel, footwear, accessories, and home basics, furniture, rugs, and tabletop to shoppers.

TJX earns money through merchandise sales, distributed across four off-price retail concepts that carry a broad mix of family apparel and home fashions across multiple geographies.

Revenue by segment (latest quarter)
Marmaxx$8.7B
HomeGoods$2.5B
Intl$2.4B
Canada$1.3B

Business quality (Solid): The company has clear operating visibility through four off-price retail segments and a wide merchandising mix, but investor focus should also consider how consumer demand and merchandise mix affect sales and profitability.

Valuation: At 30× earnings, TJX trades 58% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • Four reportable off-price segments: TJX operates through Marmaxx, HomeGoods, TJX Canada, and TJX International, which spreads its business across multiple retail concepts and markets.
  • Broad merchandise categories: In addition to family apparel, TJX sells home fashions (including furniture, rugs, lighting, and tabletop) and carries additional departments such as expanded pet, kids, and gourmet food.

Bear case

  • Sensitivity to consumer discretionary demand: As a consumer discretionary retailer, TJX results can be affected if shoppers reduce spending on apparel and home fashions.
  • Merchandise mix may shift: Because revenue is driven by sales of many categories (apparel, accessories, home furnishings, and more), changes in the mix of merchandise sold can impact overall performance.
Valuation — source: SEC EDGAR (first-party)
Price$141.32
Market Cap$156.12B
P/E Ratio27.0
EV / EBITDA17.1
Price / Book15.01
Price / Sales2.54
Dividend Yield1.2%
FCF Yield3.5%
DCF Value (model)$169.98
DCF Upside vs Price20.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$60.37B
Net Margin9.1%
Return on Equity55.7%
Debt / Equity0.28
Current Ratio1.14
Revenue Growth (YoY)9.2%
EPS Growth (YoY)29.0%
FCF Growth (YoY)-543.7%
Financial Health — source: SEC EDGAR
Altman Z-Score6.46 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E27.0
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Retail)19.5
vs Sector31.6%
vs Industry38.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($17.17B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Discretionary
IndustryRetail
CEOErnie L. Herrman
Employees364,000
CountryUS
IPO Date1987-06-26

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TJX earnings history · TJX institutional & insider holders · TJX KPIs & operating metrics · TJX financials · TJX investor presentations & press releases · TJX SEC filings · TJX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.