The TJX Companies Inc (TJX) — Capital Reinvestment Ratio
The TJX Companies Inc (TJX) has a Capital Reinvestment Ratio of 0.59x as of April 2026, meaning it reinvests 1% of its operating cash flow ($1.12 Billion) in capital expenditures ($662.00 Million). Check TJX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The TJX Companies Inc Capital Reinvestment Ratio (1990–2026)
This chart tracks The TJX Companies Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see The TJX Companies Inc (TJX) cash flow conversion.
Annual Capital Reinvestment Ratio for The TJX Companies Inc (1990–2026)
Year-by-year Capital Reinvestment Ratio for The TJX Companies Inc from 1990 to 2026. See The TJX Companies Inc (TJX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.28x | $6.87 Billion | $1.96 Billion | ▼ -9.2% |
| 2025 | 0.31x | $6.12 Billion | $1.92 Billion | ▲ +10.3% |
| 2024 | 0.28x | $6.06 Billion | $1.72 Billion | ▼ -20.3% |
| 2023 | 0.36x | $4.08 Billion | $1.46 Billion | ▲ +4.4% |
| 2022 | 0.34x | $3.06 Billion | $1.04 Billion | ▲ +174.5% |
| 2021 | 0.12x | $4.56 Billion | $568.00 Million | ▼ -58.6% |
| 2020 | 0.30x | $4.07 Billion | $1.22 Billion | ▲ +9.3% |
| 2019 | 0.28x | $4.09 Billion | $1.13 Billion | ▼ -21.3% |
| 2018 | 0.35x | $3.03 Billion | $1.06 Billion | ▲ +23.7% |
| 2017 | 0.28x | $3.63 Billion | $1.02 Billion | ▼ -6.0% |
| 2016 | 0.30x | $2.96 Billion | $889.38 Million | ▼ -0.8% |
| 2015 | 0.30x | $3.01 Billion | $911.52 Million | ▼ -17.1% |
| 2014 | 0.37x | $2.59 Billion | $946.68 Million | ▲ +13.8% |
| 2013 | 0.32x | $3.05 Billion | $978.23 Million | ▼ -23.4% |
| 2012 | 0.42x | $1.92 Billion | $803.33 Million | ▲ +17.2% |
| 2011 | 0.36x | $1.98 Billion | $707.13 Million | ▲ +89.3% |
| 2010 | 0.19x | $2.27 Billion | $429.28 Million | ▼ -62.6% |
| 2009 | 0.50x | $1.15 Billion | $582.93 Million | ▲ +30.4% |
| 2008 | 0.39x | $1.36 Billion | $526.99 Million | ▲ +22.4% |
| 2007 | 0.32x | $1.20 Billion | $378.01 Million | ▼ -26.1% |
| 2006 | 0.43x | $1.16 Billion | $495.95 Million | ▲ +7.8% |
| 2005 | 0.40x | $1.08 Billion | $429.13 Million | ▼ -25.1% |
| 2004 | 0.53x | $770.50 Million | $409.04 Million | ▲ +21.6% |
| 2003 | 0.44x | $908.56 Million | $396.72 Million | ▼ -11.4% |
| 2002 | 0.49x | $912.45 Million | $449.44 Million | ▲ +6.7% |
| 2001 | 0.46x | $556.76 Million | $257.00 Million | ▲ +11.8% |
| 2000 | 0.41x | $577.97 Million | $238.57 Million | ▲ +27.7% |
| 1999 | 0.32x | $642.80 Million | $207.70 Million | ▼ -37.0% |
| 1998 | 0.51x | $440.00 Million | $225.60 Million | ▲ +207.0% |
| 1997 | 0.17x | $713.80 Million | $119.20 Million | ▼ -72.5% |
| 1996 | 0.61x | $184.30 Million | $111.80 Million | ▼ -50.4% |
| 1995 | 1.22x | $104.50 Million | $127.80 Million | ▼ -18.0% |
| 1994 | 1.49x | $84.40 Million | $125.80 Million | ▲ +91.5% |
| 1993 | 0.78x | $138.60 Million | $107.90 Million | ▼ -8.1% |
| 1992 | 0.85x | $105.60 Million | $89.50 Million | ▲ +32.5% |
| 1991 | 0.64x | $127.60 Million | $81.60 Million | ▼ -15.2% |
| 1990 | 0.75x | $87.30 Million | $65.80 Million | — |