The TJX Companies Inc
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. The company operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. It offers family apparel comprising footwear; accessories, such as beauty and jewelry; home fashion products, including home basics, decorative accessories and giftware, as… Read more
The TJX Companies Inc (TJX) - Net Assets
Latest net assets as of October 2025: $9.36 Billion USD
Based on the latest financial reports, The TJX Companies Inc (TJX) has net assets worth $9.36 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.19 Billion) and total liabilities ($25.83 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.36 Billion |
| % of Total Assets | 26.6% |
| Annual Growth Rate | 10.31% |
| 5-Year Change | 43.9% |
| 10-Year Change | 94.86% |
| Growth Volatility | 26.35 |
The TJX Companies Inc - Net Assets Trend (1987–2025)
This chart illustrates how The TJX Companies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The TJX Companies Inc (1987–2025)
The table below shows the annual net assets of The TJX Companies Inc from 1987 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $8.39 Billion | +14.94% |
| 2024-01-31 | $7.30 Billion | +14.74% |
| 2023-01-31 | $6.36 Billion | +6.01% |
| 2022-01-31 | $6.00 Billion | +2.92% |
| 2021-01-31 | $5.83 Billion | -1.94% |
| 2020-01-31 | $5.95 Billion | +17.82% |
| 2019-01-31 | $5.05 Billion | -1.94% |
| 2018-01-31 | $5.15 Billion | +14.14% |
| 2017-01-31 | $4.51 Billion | +4.72% |
| 2016-01-31 | $4.31 Billion | +1.01% |
| 2015-01-31 | $4.26 Billion | +0.81% |
| 2014-01-31 | $4.23 Billion | +15.39% |
| 2013-01-31 | $3.67 Billion | +14.23% |
| 2012-01-31 | $3.21 Billion | +3.53% |
| 2011-01-31 | $3.10 Billion | +7.29% |
| 2010-01-31 | $2.89 Billion | +35.36% |
| 2009-01-31 | $2.13 Billion | +0.16% |
| 2008-01-31 | $2.13 Billion | -6.94% |
| 2007-01-31 | $2.29 Billion | +21.00% |
| 2006-01-31 | $1.89 Billion | +14.46% |
| 2005-01-31 | $1.65 Billion | +6.51% |
| 2004-01-31 | $1.55 Billion | +10.17% |
| 2003-01-31 | $1.41 Billion | +5.11% |
| 2002-01-31 | $1.34 Billion | +10.01% |
| 2001-01-31 | $1.22 Billion | +8.89% |
| 2000-01-31 | $1.12 Billion | -8.31% |
| 1999-01-31 | $1.22 Billion | +4.86% |
| 1998-01-31 | $1.16 Billion | +3.27% |
| 1997-01-31 | $1.13 Billion | +47.40% |
| 1996-01-31 | $764.70 Million | +25.98% |
| 1995-01-31 | $607.00 Million | +2.72% |
| 1994-01-31 | $590.90 Million | +16.96% |
| 1993-01-31 | $505.20 Million | +93.93% |
| 1992-01-31 | $260.50 Million | -3.70% |
| 1991-01-31 | $270.50 Million | +18.43% |
| 1990-01-31 | $228.40 Million | -57.97% |
| 1989-01-31 | $543.40 Million | +112.10% |
| 1988-01-31 | $256.20 Million | +27.21% |
| 1987-01-31 | $201.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The TJX Companies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3823.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.88 Billion | 93.92% |
| Common Stock | $1.12 Billion | 13.33% |
| Other Comprehensive Income | $-609.00 Million | -7.26% |
| Total Equity | $8.39 Billion | 100.00% |
The TJX Companies Inc Competitors by Market Cap
The table below lists competitors of The TJX Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HSBC Holdings PLC
PINK:HBCYF
|
$173.52 Billion |
|
Walt Disney Company
NYSE:DIS
|
$174.52 Billion |
|
Novo Nordisk A/S
PINK:NONOF
|
$175.04 Billion |
|
0QZO
LSE:0QZO
|
$175.06 Billion |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
$170.64 Billion |
|
Ping An Insurance Company of China
PINK:PNGAY
|
$168.25 Billion |
|
Amphenol Corporation
NYSE:APH
|
$167.08 Billion |
|
Verizon Communications Inc
NYSE:VZ
|
$164.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The TJX Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,302,000,000 to 8,393,000,000, a change of 1,091,000,000 (14.9%).
- Net income of 4,864,000,000 contributed positively to equity growth.
- Dividend payments of 1,648,000,000 reduced retained earnings.
- Share repurchases of 2,513,000,000 reduced equity.
- New share issuances of 366,000,000 increased equity.
- Other comprehensive income decreased equity by 77,000,000.
- Other factors increased equity by 99,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.86 Billion | +57.95% |
| Dividends Paid | $1.65 Billion | -19.64% |
| Share Repurchases | $2.51 Billion | -29.94% |
| Share Issuances | $366.00 Million | +4.36% |
| Other Comprehensive Income | $-77.00 Million | -0.92% |
| Other Changes | $99.00 Million | +1.18% |
| Total Change | $- | 14.94% |
Book Value vs Market Value Analysis
This analysis compares The TJX Companies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 21.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1717.73x to 21.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-01-31 | $0.09 | $156.02 | x |
| 1988-01-31 | $0.16 | $156.02 | x |
| 1989-01-31 | $0.30 | $156.02 | x |
| 1990-01-31 | $0.12 | $156.02 | x |
| 1991-01-31 | $0.12 | $156.02 | x |
| 1992-01-31 | $0.11 | $156.02 | x |
| 1993-01-31 | $0.21 | $156.02 | x |
| 1994-01-31 | $0.25 | $156.02 | x |
| 1995-01-31 | $0.26 | $156.02 | x |
| 1996-01-31 | $0.34 | $156.02 | x |
| 1997-01-31 | $0.42 | $156.02 | x |
| 1998-01-31 | $0.42 | $156.02 | x |
| 1999-01-31 | $0.46 | $156.02 | x |
| 2000-01-31 | $0.44 | $156.02 | x |
| 2001-01-31 | $0.53 | $156.02 | x |
| 2002-01-31 | $0.58 | $156.02 | x |
| 2003-01-31 | $0.63 | $156.02 | x |
| 2004-01-31 | $0.73 | $156.02 | x |
| 2005-01-31 | $0.81 | $156.02 | x |
| 2006-01-31 | $0.96 | $156.02 | x |
| 2007-01-31 | $1.19 | $156.02 | x |
| 2008-01-31 | $1.14 | $156.02 | x |
| 2009-01-31 | $1.21 | $156.02 | x |
| 2010-01-31 | $1.69 | $156.02 | x |
| 2011-01-31 | $1.91 | $156.02 | x |
| 2012-01-31 | $2.07 | $156.02 | x |
| 2013-01-31 | $2.45 | $156.02 | x |
| 2014-01-31 | $2.91 | $156.02 | x |
| 2015-01-31 | $3.03 | $156.02 | x |
| 2016-01-31 | $3.15 | $156.02 | x |
| 2017-01-31 | $3.39 | $156.02 | x |
| 2018-01-31 | $3.98 | $156.02 | x |
| 2019-01-31 | $4.01 | $156.02 | x |
| 2020-01-31 | $4.85 | $156.02 | x |
| 2021-01-31 | $4.80 | $156.02 | x |
| 2022-01-31 | $4.94 | $156.02 | x |
| 2023-01-31 | $5.40 | $156.02 | x |
| 2024-01-31 | $6.30 | $156.02 | x |
| 2025-01-31 | $7.35 | $156.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The TJX Companies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 57.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.63%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 3.78x
- Recent ROE (57.95%) is above the historical average (36.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 25.92% | 3.74% | 2.76x | 2.51x | $32.06 Million |
| 1988 | 26.03% | 4.06% | 2.91x | 2.20x | $41.08 Million |
| 1989 | -30.90% | -8.74% | 1.31x | 2.69x | $-222.24 Million |
| 1990 | 36.25% | 3.85% | 2.26x | 4.16x | $59.96 Million |
| 1991 | 27.39% | 3.03% | 2.34x | 3.87x | $47.05 Million |
| 1992 | 7.72% | 0.73% | 2.49x | 4.24x | $-5.95 Million |
| 1993 | 20.35% | 3.15% | 2.50x | 2.58x | $52.28 Million |
| 1994 | 21.04% | 3.43% | 2.54x | 2.42x | $65.21 Million |
| 1995 | 13.61% | 2.15% | 2.35x | 2.70x | $21.90 Million |
| 1996 | 3.44% | 0.66% | 1.45x | 3.59x | $-50.17 Million |
| 1997 | 32.21% | 5.43% | 2.61x | 2.27x | $250.38 Million |
| 1998 | 26.18% | 4.13% | 2.83x | 2.24x | $188.39 Million |
| 1999 | 34.75% | 5.34% | 2.89x | 2.25x | $302.13 Million |
| 2000 | 46.61% | 5.93% | 3.14x | 2.51x | $409.75 Million |
| 2001 | 44.15% | 5.62% | 3.27x | 2.41x | $416.19 Million |
| 2002 | 37.32% | 4.67% | 2.98x | 2.68x | $366.33 Million |
| 2003 | 41.05% | 4.83% | 3.04x | 2.80x | $437.47 Million |
| 2004 | 39.26% | 4.57% | 3.03x | 2.83x | $454.17 Million |
| 2005 | 36.87% | 4.10% | 2.93x | 3.07x | $444.35 Million |
| 2006 | 36.48% | 4.33% | 2.90x | 2.90x | $501.16 Million |
| 2007 | 32.23% | 4.32% | 2.81x | 2.66x | $509.03 Million |
| 2008 | 36.21% | 4.21% | 2.78x | 3.10x | $558.63 Million |
| 2009 | 41.26% | 4.63% | 3.08x | 2.89x | $667.16 Million |
| 2010 | 42.00% | 5.98% | 2.72x | 2.58x | $924.64 Million |
| 2011 | 43.33% | 6.12% | 2.75x | 2.57x | $1.03 Billion |
| 2012 | 46.62% | 6.45% | 2.80x | 2.58x | $1.18 Billion |
| 2013 | 52.01% | 7.37% | 2.72x | 2.59x | $1.54 Billion |
| 2014 | 50.53% | 7.79% | 2.69x | 2.41x | $1.71 Billion |
| 2015 | 51.95% | 7.62% | 2.63x | 2.60x | $1.79 Billion |
| 2016 | 52.88% | 7.36% | 2.69x | 2.67x | $1.85 Billion |
| 2017 | 50.95% | 6.93% | 2.59x | 2.85x | $1.85 Billion |
| 2018 | 50.66% | 7.27% | 2.55x | 2.73x | $2.09 Billion |
| 2019 | 60.61% | 7.85% | 2.72x | 2.84x | $2.55 Billion |
| 2020 | 55.01% | 7.84% | 1.73x | 4.06x | $2.68 Billion |
| 2021 | 1.54% | 0.28% | 1.04x | 5.28x | $-493.27 Million |
| 2022 | 54.69% | 6.76% | 1.71x | 4.74x | $2.68 Billion |
| 2023 | 54.97% | 7.00% | 1.76x | 4.45x | $2.86 Billion |
| 2024 | 61.27% | 8.25% | 1.82x | 4.07x | $3.74 Billion |
| 2025 | 57.95% | 8.63% | 1.78x | 3.78x | $4.02 Billion |
Industry Comparison
This section compares The TJX Companies Inc's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $807,090,457
- Average return on equity (ROE) among peers: 18.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The TJX Companies Inc (TJX) | $9.36 Billion | 25.92% | 2.76x | $171.90 Billion |
| American Eagle Outfitters Inc (AEO) | $1.41 Billion | 12.71% | 0.39x | $2.69 Billion |
| AKA Brands Holding Corp (AKA) | $117.63 Million | -22.09% | 2.27x | $8.36 Million |
| Abercrombie & Fitch Company (ANF) | $1.39 Billion | 3.73% | 0.81x | $3.84 Billion |
| Aritzia Inc (ATZAF) | $1.09 Billion | 18.98% | 1.24x | $2.85 Billion |
| Allbirds Inc (BIRD) | $-25.51 Million | 0.00% | 0.00x | $16.34 Million |
| Buckle Inc (BKE) | $361.93 Million | 44.92% | 0.51x | $1.49 Billion |
| Boot Barn Holdings Inc (BOOT) | $161.49 Million | 6.11% | 2.34x | $4.75 Billion |
| BrilliA Inc (BRIA) | $8.63 Million | 55.45% | 1.89x | $11.65 Million |
| Burlington Stores Inc (BURL) | $760.42 Million | 53.77% | 8.32x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.79 Billion | 10.78% | 1.04x | $605.80 Million |