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Morningstar

TJX Companies Inc TJX Stock Quote

Morningstar Rating
| Rating as of

NYSE: TJX

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 79.36
  • Sector Consumer Cyclical
  • Industry Apparel Retail
  • Investment Style Large Growth
  • Day Range 78.09  –  79.66
  • Year Range 54.55  –  83.13
  • Market Cap 91.2036 Bil
  • Volume / Avg 4.6 Mil /  4.8 Mil
  • Price / Sales 1.85
  • Price / Book 14.20
  • Forward Div Yield 1.68%
  • Trailing Div Yield 1.53%

Morningstar‘s Stock Analysis TJX

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

TJX Positioned Well Independent of Macroeconomic Conditions Thanks to Value Proposition

Jaime M. Katz Senior Equity Analyst

Business Strategy and Outlook

| Jaime M. Katz |

Despite inflation, freight and labor challenges, and an unsettled economy, we believe TJX and the rest of the off-price sector are better suited than most retailers, with potential for improved merchandise availability as supply chain dislocations and shifting spending patterns upset full-price stores’ merchandise orders. We still believe TJX and its peers benefit from durable advantages over full-price apparel and home décor sellers, with strong brands, store experiences, and scale working to keep returns on invested capital high (averaging 29% over the next decade).

Unlock Our Full Analysis With Morningstar Investor

Key Statistics TJX

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Company Profile TJX

Business Description

TJX is a leading off-price retailer of apparel, home fashions, and other merchandise. It sells a variety of branded goods, opportunistically buying inventory from a network of over 21,000 vendors worldwide. TJX targets undercutting conventional retailers' regular prices by 20%-60%, capitalizing on a flexible merchandising network, low-frills stores, and a treasure-hunt shopping experience to drive margins and inventory turnover. TJX derived 77% of fiscal 2023 revenue from the United States, with 12% from Europe (mostly the United Kingdom and Germany), 10% from Canada, and the remainder from Australia. The company operated more than 4,800 stores at the end of fiscal 2023 under the T.J. Maxx, T.K. Maxx, Marshalls, HomeGoods, Winners, Homesense, and Sierra banners.

Contact
770 Cochituate Road
Framingham, MA, 01701
Sector Consumer Cyclical
Industry Apparel Retail
Employees 329,000

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Related News TJX

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Competitors & Peers TJX

More on TJX’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TJX’s competitive advantage.

TJX Companies Inc

XNYS: TJX

Macy's Inc

XNYS: M

Ross Stores Inc

XNAS: ROST

Burlington Stores Inc

XNYS: BURL
Price
79.3615.66103.29145.51
Currency
USDUSDUSDUSD
Change
+$1.60 (2.06%) −$0.36 (2.25%) +$0.05 (0.05%) −$1.93 (1.31%)
Market Cap
91.20 Bil4.27 Bil35.19 Bil9.44 Bil
Industry
Apparel Retail Department Stores Apparel Retail Apparel Retail
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for TJX Companies Inc Stock

Yes. TJX has a forward dividend yield of 1.68%. See TJX’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TJX’s market cap is 91.20 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TJX’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TJX’s price/sales is 1.85.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TJX’s price/forward earnings is 24.42.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TJX’s price/book is 14.21.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TJX’s valuation ratios compared to the Market Index.

TJX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TJX’s historical performance against its industry peers and the overall market.