TJX
TJX Companies, Inc. (The)

Market cap $48.289B
Enterprise value $48.598B
Employees 235,000
Revenue $34.4B
EBITDA $4.57B
Income $2.41B
EPS 3.70
P/E 20.62
Forward P/E 16.86
EV/EBITDA 10.63
PEG 1.94
Earnings date 2018-02-28
Volume 364k / 4.33M
Relative vol. 0.08 ×
Sales Q/Q -7.45%
Sales Y/Y 6.83%
Est. EPS Q/Q 23.30%
Beta 0.42
Mean Recomm. 1.90
IPO year 1989
Country United States
RSI 33.16
Range $76.18 – $77.59
52 weeks $66.44 – $81.46
SMA 50 $77 +1.51%
SMA 200 $74 -3.45%
1 year target $84 +10.51%

Intraday

5 days

1 month

3 months

6 months

1 year

5 years

10 years

All time

Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2017-06-06 Willow B Shire
Director
Director Option exercise 1,065 $0.00 $0
2017-06-06
18,207
2017-06-06 Zein Abdalla
Director
Director Option exercise 1,065 $0.00 $0
2017-06-06
11,347
2017-06-06 John F Obrien
Director
Director Option exercise 1,065 $0.00 $0
2017-06-06
61,195
2017-06-06 David T Ching
Director
Director Option exercise 1,065 $0.00 $0
2017-06-06
15,637
2017-06-06 Jose B Alvarez
Director
Director Option exercise 1,065 $0.00 $0
2017-06-06
1,765
2017-06-01 Kenneth Canestrari
SEVP - Group President
SEVP - Group President Sale 4,000 $75.80 $303,200
2017-06-01
86,243
2017-05-17 Richard Sherr
SEVP, Group President
SEVP, Group President Sale 1,179 $75.58 $89,109
2017-05-17
120,000
2017-04-21 Richard Sherr
SEVP, Group President
SEVP, Group President Sale 20,000 $78.13 $1,562,600
2017-04-21
121,179
2017-04-19 Scott Goldenberg
SEVP, CFO
SEVP, CFO Sale 15,571 $77.14 $1,201,147
2017-04-19
105,844
2017-03-16 Ernie Herrman
CEO & President
CEO & President Option exercise 40,760 $53.03 $2,161,503
2017-03-16
444,661
2017-03-16 Carol Meyrowitz
Executive Chairman
Executive Chairman Option exercise 70,668 $69.62 $4,919,906
2017-03-16
336,231
2017-03-14 Carol Meyrowitz
Executive Chairman
Executive Chairman Option exercise 111,562 $67.51 $7,531,551
2017-03-14
336,231
2017-03-03 Michael Mac Millan
SEVP, Group President
SEVP, Group President Option exercise 32,782 $68.35 $2,240,650
2017-03-03
141,180
2017-03-02 Ernie Herrman
CEO & President
CEO & President Option exercise 50,000 $53.04 $2,652,000
2017-03-02
444,661
2017-02-24 Ernie Herrman
CEO & President
CEO & President Option exercise 50,000 $52.38 $2,619,000
2017-02-24
444,661
2016-11-30 Carol Meyrowitz
Executive Chairman
Executive Chairman Option exercise 127,360 $61.92 $7,886,131
2016-11-30
336,231
2016-11-22 Kenneth Canestrari
SEVP - Group President
SEVP - Group President Sale 6,701 $79.56 $533,132
2016-11-22
64,871
2016-09-20 Richard Sherr
SEVP, Group President
SEVP, Group President Option exercise 35,234 $66.64 $2,347,994
2016-09-20
120,000
2016-06-15 Jose B Alvarez
Director
Director Sale 1,158 $76.51 $88,599
2016-06-15
700
2016-06-13 Carol Meyrowitz
Executive Chairman
Executive Chairman Option exercise 255,858 $48.34 $12,368,176
2016-06-13
336,231
2016-06-07 Zein Abdalla
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
10,282
2016-06-07 William H Swanson
Director
Director Option exercise 2,702 $0.00 $0
2016-06-07
6,784
2016-06-07 Willow B Shire
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
17,322
2016-06-07 John F Obrien
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
60,130
2016-06-07 Amy B Lane
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
16,466
2016-06-07 David T Ching
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
14,572
2016-06-07 Jose B Alvarez
Director
Director Option exercise 1,158 $0.00 $0
2016-06-07
1,858

Notable SEC filings of TJX Companies, Inc. (The)

Date Contents
Source
2017-11-14 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-09-21 8-K Other Events
2017-08-25 10-Q Quarterly report
2017-08-15 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-06-07 8-K Submission of Matters to a Vote of Security Holders
2017-05-26 10-Q Quarterly report
2017-05-16 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-04-04 8-K Other Events
2017-03-28 10-K Yearly report
2017-03-13 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-02-22 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-11-30 10-Q Quarterly report
2016-11-29 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-11-15 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-09-20 8-K Other Events
2016-09-12 8-K Other Events; Financial Statements and Exhibits
2016-09-09 8-K Other Events; Financial Statements and Exhibits
2016-08-26 10-Q Quarterly report
2016-08-16 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-07-13 8-K Other Events
2016-06-09 8-K Submission of Matters to a Vote of Security Holders
2016-05-27 10-Q Quarterly report
2016-05-17 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-04-04 8-K Other Events
2016-03-29 10-K Yearly report
2016-02-24 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
Outperform → Market Perform
Wells Fargo 2 January 2018
Buy Citigroup 15 November 2017
Buy Buckingham 14 November 2017
Overweight Morgan Stanley 14 November 2017
Buy Nomura 14 November 2017
Outperform Bernstein 11 September 2017
Hold Jefferies 15 August 2017
Neutral Credit Suisse 15 August 2017

TJX Companies executives

Insider Title Age Since Compensation
Ernie Herrman (56)
President, Chief Executive Officer, Director since 2016
President, Chief Executive Officer, Director 56 2016 $18,536,900
Carol Meyrowitz (63)
Executive Chairman of the Board since 2016
Executive Chairman of the Board 63 2016 $14,503,000
Michael MacMillan (60)
Senior Executive Vice President, Group President since 2011
Senior Executive Vice President, Group President 60 2011 $7,180,390
Richard Sherr (60)
Senior Executive Vice President, Group President since 2012
Senior Executive Vice President, Group President 60 2012 $6,462,770
Scott Goldenberg (63)
Chief Financial Officer, Senior Executive Vice President since 2014
Chief Financial Officer, Senior Executive Vice President 63 2014 $5,755,850
Willow Shire (69)
Independent Director since 1995
Independent Director 69 1995 $318,120
Michael Hines (61)
Independent Director since 2007
Independent Director 61 2007 $313,434
David Ching (64)
Independent Director since 2007
Independent Director 64 2007 $312,163
Alan Bennett (66)
Independent Director since 2007
Independent Director 66 2007 $306,443
Amy Lane (64)
Independent Director since 2005
Independent Director 64 2005 $304,611
José Alvarez (54)
Independent Director since 2007
Independent Director 54 2007 $299,319
Zein Abdalla (58)
Independent Director since 2012
Independent Director 58 2012 $262,445
John O'Brien (74)
Lead Independent Director
Lead Independent Director 74 $222,394
Jackwyn Nemerov (65)
Independent Director since 2016
Independent Director 65 2016 $97,609
Debra McConnell
Senior Vice President, Global Communications since 2015
Senior Vice President, Global Communications 2015
Kenneth Canestrari (55)
Senior Executive Vice President, Group President since 2014
Senior Executive Vice President, Group President 55 2014
TJX Companies, Inc. (The) logo

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of January 28, 2017, the company operated a total of 3,812 stores in 9 countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is based in Framingham, Massachusetts.

  • TJX Companies, Inc. (The), 770 Cochituate Road, Framingham 01701, United States
  • tjx.com
  • 508-390-1000

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Current assets
Cash $2,364.244 $2,449.305 $2,669.495 $2,929.849
Short term investments $511.618 $502.757 $457.091 $543.242
Net receivables $365.603 $323.837 $334.359 $258.831
Inventory $4,725.85 $3,864.454 $3,736.114 $3,644.959
Other current assets $422.719 $427.428 $351.441 $373.893
Total current assets $8,390.034 $7,567.781 $7,548.5 $7,750.774
Long term investments
Property, plant & equipment $4,858.284 $4,744.69 $4,601.044 $4,532.894
Goodwill $196.365 $197.522 $195.585 $195.871
Intangible assets
Other assets $426.357 $419.121 $412.005 $398.076
Deferred long term asset charges $6.655 $6.501 $6.347 $6.193
Total assets $13,877.695 $12,935.615 $12,763.481 $12,883.808
Current liabilities
Accounts payable $5,467.981 $4,656.533 $4,605.392 $4,757.656
Short long term debt
Other current liabilities
Total current liabilities $5,467.981 $4,656.533 $4,605.392 $4,757.656
Long term debt $2,229.855 $2,229.103 $2,228.351 $2,227.599
Other liabilities $1,159.975 $1,116.524 $1,071.526 $1,073.954
Deferred long term liabilities $374.276 $392.651 $304.689 $314
Minority interest
Total liabilities $9,232.087 $8,394.811 $8,209.958 $8,373.209
Stockholders' equity
Stock option warrants
Common stock $632.303 $636.274 $643.276 $646.319
Retained earnings $4,616.224 $4,465.26 $4,605.681 $4,558.506
Treasury stock
Capital surplus
Other stockholder equity -$602.919 -$560.73 -$695.434 -$694.226
Total stockholder equity $4,645.608 $4,540.804 $4,553.523 $4,510.599
Net tangible assets $4,449.243 $4,343.282 $4,357.938 $4,314.728
(in millions) 2017 2016 2015
Current assets
Cash $2,929.849 $2,095.473 $2,493.775
Short term investments $543.242 $352.313 $282.623
Net receivables $258.831 $238.072 $226.299
Inventory $3,644.959 $3,695.113 $3,217.923
Other current assets $373.893 $391.589 $356.824
Total current assets $7,750.774 $6,772.56 $6,577.444
Long term investments
Property, plant & equipment $4,532.894 $4,137.575 $3,868.365
Goodwill $195.871 $193.911
Intangible assets $309.87
Other assets $398.076 $372.554 $210.539
Deferred long term asset charges $6.193 $13.831 $22.532
Total assets $12,883.808 $11,490.431 $10,988.75
Current liabilities
Accounts payable $4,757.656 $4,402.23 $3,929.634
Short long term debt
Other current liabilities
Total current liabilities $4,757.656 $4,402.23 $3,929.634
Long term debt $2,227.599 $1,615.003 $1,623.864
Other liabilities $1,073.954 $881.021 $888.137
Deferred long term liabilities $314 $285.102 $282.885
Minority interest
Total liabilities $8,373.209 $7,183.356 $6,724.52
Stockholders' equity
Stock option warrants
Common stock $646.319 $663.496 $684.733
Retained earnings $4,558.506 $4,311.051 $4,133.882
Treasury stock
Capital surplus
Other stockholder equity -$694.226 -$667.472 -$554.385
Total stockholder equity $4,510.599 $4,307.075 $4,264.23
Net tangible assets $4,314.728 $4,113.164 $3,954.36

Income statement

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Revenue
Total revenue $8,762.22 $8,357.7 $7,784.024 $9,467.647
Cost of revenue $6,150.02 $5,972.675 $5,530.072 $6,786.777
Gross profit $2,612.2 $2,385.025 $2,253.952 $2,680.87
Operating expenses
Research & development
Selling, general & administrative $1,584.219 $1,483.648 $1,411.603 $1,577.595
Non-recurring
Other operating expenses
Total operating expenses
Operating income $1,027.981 $901.377 $842.349 $1,103.275
Income from continuing operations
Net other income
EBIT $1,027.981 $901.377 $842.349 $1,103.275
Interest expense $7.981 $9.677 $9.841 $9.616
Income before tax $1,020 $891.7 $832.508 $1,093.659
Income tax expense $378.564 $338.743 $296.229 $415.731
Minority interest
Net income from continuing ops $641.436 $552.957 $536.279 $677.928
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $641.436 $552.957 $536.279 $677.928
Income (for common shares) $641.436 $552.957 $536.279 $677.928
(in millions) 2017 2016 2015
Revenue
Total revenue $33,183.744 $30,944.938 $29,078.407
Cost of revenue $23,565.754 $22,034.523 $20,776.522
Gross profit $9,617.99 $8,910.415 $8,301.885
Operating expenses
Research & development
Selling, general & administrative $5,799.64 $5,205.715 $4,695.384
Non-recurring
Other operating expenses
Total operating expenses
Operating income $3,818.35 $3,704.7 $3,606.501
Income from continuing operations
Net other income -$51.773 -$51.773 -$16.83
EBIT $3,766.577 $3,704.7 $3,589.671
Interest expense $43.534 $46.4 $39.787
Income before tax $3,723.043 $3,658.3 $3,549.884
Income tax expense $1,424.809 $1,380.642 $1,334.756
Minority interest
Net income from continuing ops $2,246.461 $2,277.658 $2,198.298
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $2,298.234 $2,277.658 $2,215.128
Income (for common shares) $2,298.234 $2,277.658 $2,215.128

Cash flow

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Net income $641.436 $552.957 $536.279 $677.928
Operating activities
Depreciation $184.294 $175.645 $172.485 $166.401
Net income adjustments $23.598 $58.205 $33.36 -$40.369
Change in accounts receivable -$41.253 $14.997 -$58.147 $49.252
Changes in liabilities $915.084 -$24.119 -$161.385 -$154.473
Changes in inventory -$873.889 -$80.217 -$88.558 $770.463
Changes in other operating activities -$22.893 -$42.856 $14.4 $20.433
Total cash flow from operations $826.377 $654.612 $448.434 $1,489.635
Investing activities
Capital expenditures -$320.667 -$248.347 -$258.515 -$257.55
Investments -$25.9 -$2.712 $56.758 -$86.046
Other cash flows from investing
Total cash flows from investing -$346.567 -$251.059 -$201.757 -$343.596
Financing activities
Dividends paid -$197.493 -$200.89 -$168.566 -$169.129
Sale and purchase of stock -$325.919 -$525.899 -$297.966 -$471.71
Net borrowings
Other cash flows from financing -$0.711 -$0.842 -$17.582 $24.965
Total cash flows from financing -$524.123 -$727.631 -$484.114 -$605.207
Effect of exchange rate -$40.748 $103.888 -$22.917 $13.485
Change in cash and equivalents -$85.061 -$220.19 -$260.354 $554.317
(in millions) 2017 2016 2015
Net income $2,298.234 $2,277.658 $2,215.128
Operating activities
Depreciation $658.796 $616.696 $588.975
Net income adjustments $113.902 $64.014 $115.748
Change in accounts receivable -$23.235 -$27.357 -$9.052
Changes in liabilities $584.418 $569.208 $451
Changes in inventory $11.862 -$506.633 -$332.271
Changes in other operating activities -$42.083 -$56.243 -$21.159
Total cash flow from operations $3,601.894 $2,937.343 $3,008.369
Investing activities
Capital expenditures -$1,024.747 -$889.38 -$911.522
Investments -$187.807 -$116.631 -$43.115
Other cash flows from investing -$2.324 -$57.104 -$57.104
Total cash flows from investing -$1,214.878 -$1,063.115 -$954.637
Financing activities
Dividends paid -$650.988 -$544.271 -$465.902
Sale and purchase of stock -$1,535.808 -$1,696.264 -$1,507.699
Net borrowings $992.54 $992.54 $749.475
Other cash flows from financing -$428.734 -$428.734 -$424.294
Total cash flows from financing -$1,561.912 -$2,175.855 -$1,559.542
Effect of exchange rate $9.272 -$96.675 -$150.161
Change in cash and equivalents $834.376 -$398.302 $344.029
Messenger