Common-Size Income Statement
TJX Cos. Inc., common-size consolidated income statement
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.|