TJX Cos. Inc. (TJX)

• Annual Data
• Quarterly Data

• Annual Data
• Quarterly Data

TJX Cos. Inc., decomposition of ROE

	ROE	=	ROA	×	Leverage
Feb 2, 2019		=		×
Feb 3, 2018		=		×
Jan 28, 2017		=		×
Jan 30, 2016		=		×
Jan 31, 2015		=		×
Feb 1, 2014		=		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Return on Equity (ROE) over 2019 year is the increase in profitability measured by Return on Assets (ROA).

• Annual Data
• Quarterly Data

TJX Cos. Inc., decomposition of ROE

	ROE	=	Net Profit Margin	×	Asset Turnover	×	Leverage
Feb 2, 2019		=		×		×
Feb 3, 2018		=		×		×
Jan 28, 2017		=		×		×
Jan 30, 2016		=		×		×
Jan 31, 2015		=		×		×
Feb 1, 2014		=		×		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Return on Equity (ROE) over 2019 year is the increase in profitability measured by Net Profit Margin.

TJX Cos. Inc., decomposition of ROE

	ROE	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover	×	Leverage
Feb 2, 2019		=		×		×		×		×
Feb 3, 2018		=		×		×		×		×
Jan 28, 2017		=		×		×		×		×
Jan 30, 2016		=		×		×		×		×
Jan 31, 2015		=		×		×		×		×
Feb 1, 2014		=		×		×		×		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Return on Equity (ROE) over 2019 year is the increase in effect of taxes measured by Tax Burden.

• Annual Data
• Quarterly Data

TJX Cos. Inc., decomposition of ROA

	ROA	=	Net Profit Margin	×	Asset Turnover
Feb 2, 2019		=		×
Feb 3, 2018		=		×
Jan 28, 2017		=		×
Jan 30, 2016		=		×
Jan 31, 2015		=		×
Feb 1, 2014		=		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Return on Assets (ROA) over 2019 year is the increase in profitability measured by Net Profit Margin.

TJX Cos. Inc., decomposition of ROA

	ROA	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover
Feb 2, 2019		=		×		×		×
Feb 3, 2018		=		×		×		×
Jan 28, 2017		=		×		×		×
Jan 30, 2016		=		×		×		×
Jan 31, 2015		=		×		×		×
Feb 1, 2014		=		×		×		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Return on Assets (ROA) over 2019 year is the increase in effect of taxes measured by Tax Burden.

TJX Cos. Inc., decomposition of Net Profit Margin

	Net Profit Margin	=	Tax Burden	×	Interest Burden	×	EBIT Margin
Feb 2, 2019		=		×		×
Feb 3, 2018		=		×		×
Jan 28, 2017		=		×		×
Jan 30, 2016		=		×		×
Jan 31, 2015		=		×		×
Feb 1, 2014		=		×		×

Based on: 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), 10-K (filing date: 2014-04-01).

The primary reason for the increase in Net Profit Margin over 2019 year is the increase in effect of taxes measured by Tax Burden.