Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

TJX Cos. Inc. (NYSE:TJX)

Common-Size Income Statement

Beginner level

TJX Cos. Inc., common-size consolidated income statement

Microsoft Excel LibreOffice Calc
12 months ended: Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017 Jan 30, 2016 Jan 31, 2015
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales, including buying and occupancy costs -71.54 -71.41 -71.11 -71.02 -71.21 -71.45
Gross earnings 28.46% 28.59% 28.89% 28.98% 28.79% 28.55%
Selling, general and administrative expenses -17.87 -17.77 -17.78 -17.38 -16.82 -16.15
Impairment of goodwill and other long-lived assets, related to Sierra 0.00 0.00 -0.28 0.00 0.00 0.00
Operating income 10.59% 10.82% 10.84% 11.60% 11.97% 12.40%
Loss on early extinguishment of debt 0.00 0.00 0.00 -0.16 0.00 -0.06
Pension settlement charge 0.00 -0.09 0.00 -0.09 0.00 0.00
Interest expense, excluding capitalized interest -0.14 -0.17 -0.18 -0.19 -0.19 -0.19
Interest income 0.12 0.14 0.09 0.05 0.04 0.05
Interest expense, net -0.02% -0.02% -0.09% -0.13% -0.15% -0.14%
Income before provision for income taxes 10.56% 10.71% 10.75% 11.22% 11.82% 12.21%
Provision for income taxes -2.72 -2.86 -3.48 -4.29 -4.46 -4.59
Net income 7.84% 7.85% 7.27% 6.93% 7.36% 7.62%

Based on: 10-K (filing date: 2020-03-27), 10-K (filing date: 2019-04-03), 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. TJX Cos. Inc.’s operating income as a percentage of net sales decreased from 2018 to 2019 and from 2019 to 2020.
Income before provision for income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. TJX Cos. Inc.’s income before provision for income taxes as a percentage of net sales decreased from 2018 to 2019 and from 2019 to 2020.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. TJX Cos. Inc.’s net income as a percentage of net sales increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.