The TJX Companies Inc (TJX) - Net Assets
Based on the latest financial reports, The TJX Companies Inc (TJX) has net assets worth $10.40 Billion USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($36.16 Billion) and total liabilities ($25.75 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. Check tangible equity quality of The TJX Companies Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.40 Billion |
| % of Total Assets | 28.77% |
| Annual Growth Rate | 10.58% |
| 5-Year Change | 69.75% |
| 10-Year Change | 125.91% |
| Growth Volatility | 26.05 |
The TJX Companies Inc - Net Assets Trend (1987–2026)
This chart illustrates how The TJX Companies Inc's net assets have evolved over time, based on quarterly financial data. See The TJX Companies Inc (TJX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for The TJX Companies Inc (1987–2026)
The table below shows the annual net assets of The TJX Companies Inc from 1987 to 2026. For live valuation and market cap data, see how much is The TJX Companies Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $10.19 Billion | +21.41% |
| 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 4595.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.43 Billion | 92.58% |
| Common Stock | $1.11 Billion | 10.86% |
| Other Comprehensive Income | $-351.00 Million | -3.44% |
| Total Equity | $10.19 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 |
|---|---|
|
IND.D.D.TEXT.UNSP.ADR 1/2
F:IXD2
|
$183.19 Billion |
|
Toyota Motor Corporation
F:TOM
|
$183.54 Billion |
|
Siemens Aktiengesellschaft
XETRA:SIE
|
$184.02 Billion |
|
Seagate Technology PLC
NASDAQ:STX
|
$187.01 Billion |
|
Western Digital Corporation
NASDAQ:WDC
|
$181.62 Billion |
|
Delta Electronics Inc
TW:2308
|
$181.55 Billion |
|
Commonwealth Bank of Australia
F:CWW
|
$181.02 Billion |
|
Toyota Motor Corporation
F:TOMA
|
$180.58 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 2025 to 2026, total equity changed from 8,393,000,000 to 10,190,000,000, a change of 1,797,000,000 (21.4%).
- Net income of 5,494,000,000 contributed positively to equity growth.
- Dividend payments of 1,842,000,000 reduced retained earnings.
- Share repurchases of 2,522,000,000 reduced equity.
- New share issuances of 311,000,000 increased equity.
- Other comprehensive income increased equity by 258,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.49 Billion | +53.92% |
| Dividends Paid | $1.84 Billion | -18.08% |
| Share Repurchases | $2.52 Billion | -24.75% |
| Share Issuances | $311.00 Million | +3.05% |
| Other Comprehensive Income | $258.00 Million | +2.53% |
| Other Changes | $98.00 Million | +0.96% |
| Total Change | $- | 21.41% |
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: 18.36x
- 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 1831.13x to 18.36x 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 | $166.32 | x |
| 1988-01-31 | $0.16 | $166.32 | x |
| 1989-01-31 | $0.30 | $166.32 | x |
| 1990-01-31 | $0.12 | $166.32 | x |
| 1991-01-31 | $0.12 | $166.32 | x |
| 1992-01-31 | $0.11 | $166.32 | x |
| 1993-01-31 | $0.21 | $166.32 | x |
| 1994-01-31 | $0.25 | $166.32 | x |
| 1995-01-31 | $0.26 | $166.32 | x |
| 1996-01-31 | $0.34 | $166.32 | x |
| 1997-01-31 | $0.42 | $166.32 | x |
| 1998-01-31 | $0.42 | $166.32 | x |
| 1999-01-31 | $0.46 | $166.32 | x |
| 2000-01-31 | $0.44 | $166.32 | x |
| 2001-01-31 | $0.53 | $166.32 | x |
| 2002-01-31 | $0.58 | $166.32 | x |
| 2003-01-31 | $0.63 | $166.32 | x |
| 2004-01-31 | $0.73 | $166.32 | x |
| 2005-01-31 | $0.81 | $166.32 | x |
| 2006-01-31 | $0.96 | $166.32 | x |
| 2007-01-31 | $1.19 | $166.32 | x |
| 2008-01-31 | $1.14 | $166.32 | x |
| 2009-01-31 | $1.21 | $166.32 | x |
| 2010-01-31 | $1.69 | $166.32 | x |
| 2011-01-31 | $1.91 | $166.32 | x |
| 2012-01-31 | $2.07 | $166.32 | x |
| 2013-01-31 | $2.45 | $166.32 | x |
| 2014-01-31 | $2.91 | $166.32 | x |
| 2015-01-31 | $3.03 | $166.32 | x |
| 2016-01-31 | $3.15 | $166.32 | x |
| 2017-01-31 | $3.39 | $166.32 | x |
| 2018-01-31 | $3.98 | $166.32 | x |
| 2019-01-31 | $4.01 | $166.32 | x |
| 2020-01-31 | $4.85 | $166.32 | x |
| 2021-01-31 | $4.80 | $166.32 | x |
| 2022-01-31 | $4.94 | $166.32 | x |
| 2023-01-31 | $5.40 | $166.32 | x |
| 2024-01-31 | $6.30 | $166.32 | x |
| 2025-01-31 | $7.35 | $166.32 | x |
| 2026-01-31 | $9.06 | $166.32 | 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): 53.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.10%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 3.51x
- Recent ROE (53.92%) is above the historical average (36.91%), 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 |
| 2026 | 53.92% | 9.10% | 1.69x | 3.51x | $4.47 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: $383,114,600
- Average return on equity (ROE) among peers: 27.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The TJX Companies Inc (TJX) | $10.40 Billion | 25.92% | 2.48x | $182.13 Billion |
| American Eagle Outfitters Inc (AEO) | $4.40 Million | 86.36% | 8.11x | $2.59 Billion |
| AKA Brands Holding Corp (AKA) | $138.88 Million | 10.32% | 0.36x | $94.48 Million |
| Abercrombie & Fitch Company (ANF) | $1.73 Billion | 3.16% | 0.65x | $3.50 Billion |
| Allbirds Inc (BIRD) | $397.00 Million | -11.43% | 0.23x | $22.34 Million |
| Buckle Inc (BKE) | $423.80 Million | 46.12% | 1.15x | $2.28 Billion |
| Boot Barn Holdings Inc (BOOT) | $142.42 Million | 9.64% | 1.29x | $4.66 Billion |
| BrilliA Inc (BRIA) | $18.07 Million | 15.58% | 0.57x | $40.75 Million |
| Burlington Stores Inc (BURL) | $528.15 Million | 88.07% | 9.59x | $18.67 Billion |
| Caleres Inc (CAL) | $413.72 Million | 5.94% | 1.97x | $406.91 Million |
| Cato Corporation (CATO) | $35.20 Million | 24.15% | 1.54x | $58.03 Million |
About The TJX Companies Inc
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company provides family apparel comprising footwear; accessories, such as beauty and jewelry; home fashion products, including home basics, decorative accessories and giftware, … Read more