Stock Analysis on Net

TJX Cos. Inc. (NYSE:TJX)

$24.99

Return on Assets (ROA)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

TJX Cos. Inc., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-26), 10-K (reporting date: 2007-01-27), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).

1 US$ in millions


The Return on Assets (ROA) exhibited a generally increasing trend from 2005 through 2019, followed by significant volatility and a subsequent recovery. Net income consistently increased over this period, though at varying rates, while total assets also generally increased, contributing to the ROA performance.

Initial Trend (2005-2009)
From 2005 to 2009, ROA fluctuated, beginning at 13.09% and decreasing to 11.69% in 2008. However, it experienced a notable increase to 14.25% in 2009, suggesting improved asset utilization or profitability during that year.
Consistent Growth (2010-2013)
The period between 2010 and 2013 demonstrated consistent growth in ROA, rising from 16.26% to a peak of 20.05% in 2013. This coincided with substantial increases in both net income and total assets, indicating effective management of resources and strong financial performance.
Plateau and Decline (2014-2016)
Following the peak in 2013, ROA experienced a slight decline, stabilizing around the 18-20% range between 2014 and 2016. While net income continued to grow, the rate of increase slowed, and asset growth remained substantial, potentially contributing to the stabilization of ROA.
Volatility and Recovery (2017-2024)
A period of significant volatility began in 2017. ROA reached 21.36% in 2019, but then plummeted to 0.29% in 2020. This dramatic decrease was associated with a large increase in total assets, coupled with a substantial, though temporary, reduction in net income. From 2021 onwards, ROA demonstrated a recovery, increasing to 15.36% by 2024, driven by a rebound in net income and stabilization of asset levels.

Overall, the ROA trend suggests a company that generally improved its asset utilization and profitability over the long term, but experienced a period of disruption in 2020. The subsequent recovery indicates resilience and an ability to restore profitability despite significant changes in the asset base.


Comparison to Competitors


Comparison to Sector (Consumer Discretionary Distribution & Retail)

TJX Cos. Inc., ROA, long-term trends, comparison to sector (consumer discretionary distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-26), 10-K (reporting date: 2007-01-27), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Industry (Consumer Discretionary)