The TJX Companies, Inc. (TJX) quarterly cash flow statement — complete operating, investing & financing history
The TJX Companies, Inc. (TJX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'27 | 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 |
|---|
| Cash from Operations | 2.23B | 1.12B | 3.16B | 1.53B | 1.79B | 394M | 2.7B | 1.05B | 1.63B | 737M | 2.8B | 1.17B | 1.34B | 745M | 3.02B | 1.05B | 640.7M | -634M | 1.11B | 1B |
| Operating CF Margin % | 14.66% | 7.81% | 17.79% | 10.13% | 12.44% | 3.01% | 16.54% | 7.44% | 12.1% | 5.91% | 17.06% | 8.83% | 10.51% | 6.32% | 20.83% | 8.65% | 5.41% | -5.56% | 8.02% | 7.98% |
| Operating CF Growth % | 24.29% | 184.01% | 16.75% | 46.46% | 9.94% | -46.54% | -3.43% | -10.67% | 21.48% | -1.07% | -7.43% | 11.21% | 109.3% | 217.51% | 172.35% | 5.3% | -53.56% | -46.51% | 289.55% | -75.49% |
| Net Income | 1.52B | 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 | 809.3M | 587.5M | 940.2M | 1.02B |
| Depreciation & Amortization | 0 | 336M | 327M | 316M | 308M | 296M | 309M | 266M | 265M | 264M | 252M | 245M | 235M | 232M | 230.92M | 218M | 218.1M | 219.6M | 220.4M | 217M |
| Stock-Based Compensation | 0 | 42M | 83M | 55M | 43M | 33M | 52M | 47M | 46M | 38M | 46M | 44M | 36M | 34M | 27M | 37M | 30.9M | 27M | 32.4M | 42.5M |
| Deferred Taxes | 20M | 44M | 21M | 20M | 63M | 8M | -30M | 15M | 19M | 24M | -20M | -3M | -4M | 16M | 29.34M | 9M | 14M | 11.5M | -165K | -5.03M |
| Other Non-Cash Items | 382M | 114M | 17M | -50M | -114M | 81M | 7M | 1M | 82M | 3M | 15M | -3M | 3M | 18M | 115.65M | 7M | 23M | 187.2M | 38.8M | 33.43M |
| Working Capital Changes | 304M | -749M | 936M | -251M | 248M | -1.06B | 968M | -580M | 118M | -662M | 1.1B | -303M | 82M | -446M | 1.58B | -281M | -456M | -1.67B | -120.97M | -310.9M |
| Change in Receivables | 420M | 393M | 119M | -20M | -66M | -13M | 93M | -83M | 2M | -16M | 113M | -38M | 7M | 51M | 40.37M | -51M | -41M | -98.6M | 106M | -200K |
| Change in Inventory | -221M | -382M | 2.13B | -2.01B | -241M | -604M | 1.88B | -1.9B | -246M | -266M | 2.38B | -1.79B | -110M | -624M | 2.6B | -1.34B | -121.5M | -1.09B | 629.5M | -1.55B |
| Change in Payables | 188M | 282M | -1.4B | 1.25B | 287M | 101M | -1.31B | 1.11B | 429M | 219M | -1.6B | 1.05B | 112M | 507M | -1.25B | 958M | -258.5M | -52.8M | -950.02M | 1.04B |
| Cash from Investing | -495M | -673M | -471M | -541M | -466M | -503M | -870M | -617M | -563M | -427M | -436M | -462M | -457M | -362M | -360M | -407M | -379M | -324.47M | -330.76M | -272.86M |
| Capital Expenditures | -497M | -662M | -468M | -531M | -461M | -497M | -514M | -422M | -563M | -419M | -442M | -460M | -459M | -361M | -357.25M | -407M | -379.1M | -314.35M | -329.25M | -270.6M |
| CapEx % of Revenue | 3.27% | 4.62% | 2.64% | 3.51% | 3.2% | 3.79% | 3.14% | 3% | 4.18% | 3.36% | 2.69% | 3.47% | 3.6% | 3.06% | 2.46% | 3.35% | 3.2% | 2.76% | 2.38% | 2.16% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -359M | 0 | 0 | 0 | 0 | 0 | -2M | 0 | 0 | 0 | 0 | 314.35M | 1.04B | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -5M | 0 | 0 | -192M | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 0 | -314.35M | -1.04B | 0 |
| Cash from Financing | -1.28B | -1.08B | -1.14B | -975M | -954M | -1.05B | -1.16B | -953M | -882M | -840M | -1.1B | -904M | -1.38B | -837M | -591M | -770M | -1.01B | -931M | -1.31B | -1.03B |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500M | 0 | 0 | 0 | 0 | 0 | -482K | 0 |
| Equity Issued (Net) | -750M | -534M | -669M | -502M | -477M | -563M | -740M | -530M | -458M | -419M | -715M | -646M | -496M | -464M | -248.7M | -428.08M | -668.07M | -589.15M | -1.06B | -796.3M |
| Dividends Paid | -531M | -474M | -471M | -473M | -474M | -424M | -422M | -423M | -423M | -380M | -379M | -380M | -382M | -343M | -341M | -342.53M | -346M | -309M | -310.3M | -312.67M |
| Share Repurchases | -814M | -604M | -784M | -594M | -531M | -613M | -852M | -593M | -559M | -509M | -797M | -646M | -549M | -492M | -455.2M | -493M | -700M | -607M | -1.08B | -796.3M |
| Other Financing | 0 | -73M | -1M | 0 | -3M | -61M | -1M | 0 | -1M | -41M | -3M | 122M | 1M | -30M | -549K | 1M | 74K | -32.85M | 57.68M | 83.88M |
| Net Change in Cash | 424M | -650M | 1.59B | 1M | 384M | -1.08B | 617M | -532M | 191M | -541M | 1.31B | -260M | -475M | -452M | 2.11B | -166M | -763.9M | -1.93B | -564.8M | -314.42M |
| Free Cash Flow | 1.73B | 457M | 2.69B | 1B | 1.33B | -103M | 2.19B | 624M | 1.07B | 318M | 2.36B | 711M | 882M | 384M | 2.67B | 646M | 261.6M | -948M | 781.3M | 729.4M |
| FCF Margin % | 11.39% | 3.19% | 15.16% | 6.62% | 9.24% | -0.79% | 13.39% | 4.44% | 7.92% | 2.55% | 14.37% | 5.36% | 6.91% | 3.26% | 18.37% | 5.31% | 2.21% | -8.31% | 5.64% | 5.82% |
| FCF Growth % | 30% | 543.69% | 22.79% | 60.42% | 24.77% | -132.39% | -7.12% | -12.24% | 20.86% | -17.19% | -11.6% | 10.06% | 237.16% | 140.51% | 241.42% | -11.43% | -77.45% | -44.07% | 418.45% | -81.56% |
| FCF per Share | 1.55 | 0.41 | 2.39 | 0.89 | 1.18 | -0.09 | 1.92 | 0.55 | 0.93 | 0.28 | 2.05 | 0.61 | 0.76 | 0.33 | 2.28 | 0.55 | 0.22 | -0.80 | 0.65 | 0.60 |
| FCF Conversion (FCF/Net Income) | 1.46x | 0.84x | 1.78x | 1.06x | 1.44x | 0.38x | 1.93x | 0.81x | 1.48x | 0.69x | 2.00x | 0.98x | 1.36x | 0.84x | 2.91x | 0.99x | 0.79x | -1.08x | 1.18x | 0.98x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |