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TJXThe TJX Companies, Inc.
$135.30$149.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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TJX logo

The TJX Companies, Inc.

TJX
NYSE · Apparel & Department Stores
$135.30
At close - Nov 6, 4:00 PM EST - USD
Market Cap$149.47B
P/E24.9x
52W High$170.00
Volume7.14M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q2

Off-Price Resilience Drives Margin Expansion Amid Elevated Valuation

TJX Companies is demonstrating accelerating revenue growth, reaching 9.2% in Q1 FY2027, as its off-price model captures share from value-seeking consumers, while gross margins have expanded to 33.4% in Q2 FY2027, indicating favorable buying conditions and disciplined inventory management.

GrowthAccelerating
ProfitabilityStrong
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

TJX price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

12/12 Beats

EPS beat 12 of last 12 quarters

02

Valuation risk

+25% Peers

P/E is 25% above peer median

03

Market leadership

RS 51 · Avg

Average momentum (RS Rating: 51)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 18
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 9.2% in Q1 FY2027, while gross margin expanded to 33.4% in Q2 FY2027, a 270 basis point year-over-year improvement that appears to reflect favorable buying conditions and disciplined expense management.

Analyst Consensus+28.7% target
Buy(53 analysts)
45 Buy7 Hold1 Sell

The Bull Case

Upside Catalysts

Strong Off-Price Model

TJX's business model of offering branded merchandise at discounted prices is expected to drive high inventory turnover and strong sales, especially during economic fluctuations.

Positive Analyst Consensus

A significant majority of Wall Street analysts rate TJX as 'Buy' or 'Strong Buy', with an average 12-month price target of $167.55, and some projecting it could reach $200 in 2026.

Consistent Growth Track Record

TJX has not had a negative year in annual price movement since 2008 and is on track for its fifth consecutive fiscal year of growth in revenue, net income, and dividends by February 1, 2026.

The Bear Case

Key Downside Risks

Valuation Concerns

TJX's P/E ratio of 32.63 may indicate overvaluation, potentially leading to price corrections as it trades at a premium.

Economic Headwinds

Broader economic fluctuations, trade policies, and increased competition pose risks, with a weakening consumer potentially impacting stock performance.

Modest Future Guidance

Management's FY27 guidance for 2% to 3% comp growth and EPS of $4.93 to $5.02 is below street expectations, raising concerns.

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TJX-11.40%
S&P 500 (^GSPC)+7.63%
1-Year Return
TJX-4.63%
S&P 500 (^GSPC)+9.69%
3-Year Return
TJX+54.24%
S&P 500 (^GSPC)+64.98%
5-Year Return
TJX+103.88%
S&P 500 (^GSPC)+53.06%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
24.9x
Forward P/E
28.9x
EV/EBITDA40th %ile
17.4x
FCF YieldCash Flow
3.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
24.9x
27.6x
20th· Low
EV/EBITDA
17.4x
18.0x
40th· Fair
Price/FCF
25.4x
34.3x
20th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$52.84-60.9%
Base (Fair)$117.75-13.0%
Bull$177.95+31.5%
$52.84 Bear$117.75 Base$177.95 Bull
Current Market Price: $135.30
Trades at a 14.9% premium to Base DCF ($117.75)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY26
$60.37B+7.1% YoY
Net income FY26
$5.49B+13.0% YoY
Free cash flow FY26
$4.92B+17.1% YoY
Operating margin FY26
11.9%+0.7 pts YoY
ROIC (FY26)32.3%
Avg ROIC 5Y30.8%
ROE (TTM)59.8%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate12/12 (100%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 19, 2026
$1.22+2.5%
vs $1.19
$15.2B+0.1%
vs $15.2B
Q2 2026
May 20, 2026
$1.19+16.7%
vs $1.02
$14.3B+2.2%
vs $14.0B
Q1 2026
Feb 25, 2026
$1.43+2.9%
vs $1.39
$17.7B+2.2%
vs $17.4B
Q4 2025
Nov 19, 2025
$1.28+4.1%
vs $1.23
$15.1B+1.8%
vs $14.9B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·1d ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (November 2026)

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 3.7%, we present two other groups of five DGI stocks, each with moderate to high yields of up to 8%.

Zacks Investment Research·1d ago
TGT vs. TJX: Which Stock Is the Better Value Option?

Investors looking for stocks in the Retail - Discount Stores sector might want to consider either Target (TGT) or TJX (TJX). But which of these two companies is the best option for those looking for undervalued stocks?

Zacks Investment Research·2d ago
Investors Heavily Search The TJX Companies, Inc. (TJX): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to TJX (TJX). This makes it worthwhile to examine what the stock has in store.

Business Wire·3d ago
The TJX Companies, Inc. to Report Q3 FY27 Results November 18, 2026

FRAMINGHAM, Mass.--(BUSINESS WIRE)--The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its third quarter Fiscal 2027 sales and earnings results on Wednesday, November 18, 2026, before 9:30 a.m. ET. At 11:00 a.m. ET that day, Ernie Herrman, TJX's Chief Executive Officer and President, will hold a conference call to discuss the Company's third quarter Fiscal 2027 results, operations, and business trends. A real-time webcast of the call will be available to the public at.

Filtered for The TJX Companies, Inc.More Headlines
04

Compare before deciding

Benchmark TJX against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for The TJX Companies, Inc. (TJX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TJX logoTJXThe TJX Companies, Inc.Current
$135.30$149.47B24.917.12%9.73%59.77%1.21%
ROST logoROSTRoss Stores, Inc.
$231.09$74.74B27.847.67%10.85%42.34%0.71%
BURL logoBURLBurlington Stores, Inc.
$246.76$15.53B22.088.76%5.85%39.82%—
OLLI logoOLLIOllie's Bargain Outlet Holdings, Inc.
$90.40$5.46B19.9016.62%9.79%14.58%—
M logoMMacy's, Inc.
$23.08$6.07B8.38-1.67%3.29%15.81%3.09%
KSS logoKSSKohl's Corporation
$23.04$2.59B10.07-4.28%1.75%6.68%2.11%

Compare TJX vs Peers

The TJX Companies, Inc. (TJX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ROST

Most directly comparable listed peer for TJX.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare TJX against a more recognizable public peer.

Peer Set

Compare Top 5

vs ROST, BURL, OLLI, M

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TJX SEC Filings & Documents

The TJX Companies, Inc. (TJX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 19, 2026·SEC

Material company update

Jun 11, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 31, 2026·SEC

FY 2025

Apr 2, 2025·SEC

FY 2024

Apr 3, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 28, 2026·SEC

FY 2026

May 29, 2026·SEC

FY 2025

Dec 2, 2025·SEC

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TJX Frequently Asked Questions

The TJX Companies, Inc. (TJX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is The TJX Companies, Inc.'s revenue?

The TJX Companies, Inc. (TJX) reported $62.36B in revenue over the trailing twelve months. Revenue was $60.37B in fiscal year 2026. That is 803% more than the $6.69B of fiscal year 1997.

How fast is The TJX Companies, Inc. growing?

The TJX Companies, Inc. (TJX) grew revenue by 7.7% over the trailing twelve months, compared with the twelve months before.

Is TJX profitable?

Yes. The TJX Companies, Inc. (TJX) earned $6.07B in net income over the trailing twelve months (a 9.7% net margin).

Dividend & Returns
Does TJX pay dividends?

Yes. The TJX Companies, Inc. (TJX) pays a dividend that yields 1.21% at the current price, a moderate yield.

What is TJX's return on equity?

The TJX Companies, Inc. (TJX) had a return on equity (ROE) of 59.8% over the trailing twelve months. That is well above the market's typical 10-15%.

What is The TJX Companies, Inc.'s free cash flow?

The TJX Companies, Inc. (TJX) generated $5.88B in free cash flow over the trailing twelve months.

What if you invested $1,000 in TJX back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →