TJX Cos. Inc. (TJX)


Analysis of Profitability Ratios
Quarterly Data

Beginner level


Profitability Ratios (Summary)

TJX Cos. Inc., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Return on Sales
Gross profit margin 28.30% 28.32% 28.49% 28.59% 28.76% 28.96% 28.88% 28.89% 28.90% 28.81% 29.03% 28.98% 29.11% 28.97% 28.89% 28.79% 28.66% 28.75% 28.64% 28.55% 28.39% 28.37% 28.40% 28.51%
Operating profit margin 10.49% 10.56% 10.61% 10.82% 10.71% 10.86% 10.89% 10.84% 11.27% 11.30% 11.54% 11.60% 11.70% 11.80% 11.90% 11.97% 12.11% 12.31% 12.37% 12.40% 12.28% 12.17% 12.10% 12.22%
Net profit margin 7.70% 7.65% 7.69% 7.85% 7.98% 7.88% 7.58% 7.27% 7.01% 6.83% 6.96% 6.93% 7.00% 7.23% 7.31% 7.36% 7.46% 7.58% 7.59% 7.62% 7.52% 7.72% 7.71% 7.79%
Return on Investment
Return on equity (ROE) 56.45% 57.76% 59.31% 60.61% 58.89% 56.91% 52.98% 50.66% 51.85% 51.03% 51.08% 50.95% 52.81% 52.21% 50.97% 52.88% 51.94% 53.02% 52.10% 51.95% 49.14% 50.93% 49.93% 50.53%
Return on assets (ROA) 12.88% 13.40% 13.53% 21.36% 20.60% 21.08% 19.90% 18.55% 17.36% 17.91% 18.23% 17.84% 17.77% 19.92% 19.75% 19.81% 18.84% 19.99% 19.67% 19.91% 18.54% 19.93% 20.51% 20.95%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. TJX Cos. Inc.’s gross profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. TJX Cos. Inc.’s operating profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. TJX Cos. Inc.’s net profit margin ratio deteriorated from Q1 2020 to Q2 2020 but then improved from Q2 2020 to Q3 2020 exceeding Q1 2020 level.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. TJX Cos. Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
ROA A profitability ratio calculated as net income divided by total assets. TJX Cos. Inc.’s ROA deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Gross Profit Margin

TJX Cos. Inc., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Selected Financial Data (US$ in thousands)
Gross earnings 3,011,301  2,755,539  2,639,700  3,093,700  2,842,276  2,695,300  2,510,481  3,111,320  2,612,200  2,385,025  2,253,952  2,680,870  2,447,815  2,319,092  2,170,213  2,573,883  2,246,596  2,144,540  1,945,396  2,344,916  2,162,437  1,981,356  1,813,176  2,158,487  2,047,411  1,855,685  1,756,076 
Net sales 10,451,334  9,781,596  9,277,585  11,127,340  9,825,759  9,331,115  8,688,720  10,960,720  8,762,220  8,357,700  7,784,024  9,467,647  8,291,688  7,882,053  7,542,356  8,962,075  7,753,495  7,363,731  6,865,637  8,303,953  7,366,066  6,917,212  6,491,176  7,808,787  6,981,876  6,442,424  6,189,609 
Profitability Ratio
Gross profit margin1 28.30% 28.32% 28.49% 28.59% 28.76% 28.96% 28.88% 28.89% 28.90% 28.81% 29.03% 28.98% 29.11% 28.97% 28.89% 28.79% 28.66% 28.75% 28.64% 28.55% 28.39% 28.37% 28.40% 28.51%
Benchmarks
Gross Profit Margin, Competitors2
Amazon.com Inc. 41.11% 41.27% 41.07% 40.25% 39.87% 38.78% 37.77% 37.07% 36.46% 35.98% 35.58% 35.09% 34.65% 34.40% 33.76% 33.04% 32.42% 31.27% 30.31% 29.48%
Costco Wholesale Corp. 11.02% 10.98% 11.00% 10.92% 11.04% 11.14% 11.24% 11.25% 11.33% 11.37% 11.35% 11.42% 11.35% 11.26% 11.19% 11.15% 11.09% 10.95% 10.85% 10.72% 10.66%
eBay Inc. 77.19% 77.37% 77.57% 77.83% 77.54% 77.52% 77.18% 76.77% 76.78% 76.92% 77.43% 77.65% 77.98% 78.43% 78.81% 79.39% 74.28% 71.48% 69.48% 67.98%
Home Depot Inc. 34.13% 34.20% 34.26% 34.34% 34.31% 34.24% 34.15% 34.05% 34.08% 34.11% 34.14% 34.16% 34.18% 34.16% 34.16% 34.19% 34.41% 34.49% 34.66% 34.81% 34.79% 34.76% 34.77% 34.75%
Lowe’s Cos. Inc. 31.85% 31.47% 31.72% 32.12% 32.65% 33.43% 33.79% 34.11% 34.27% 34.34% 34.40% 34.55% 34.61% 34.71% 34.72% 34.82% 34.83% 34.76% 34.79% 34.79% 34.79% 34.82% 34.76% 34.59%
Netflix Inc. 37.98% 36.81% 36.58% 36.89% 37.28% 36.57% 34.91% 34.49% 33.79% 33.79% 33.57% 31.72% 31.21% 30.93% 31.40% 32.27% 32.36% 32.32% 32.33% 31.83%
Target Corp. 28.70% 28.46% 28.37% 28.39% 28.48% 28.70% 28.72% 28.87% 29.26% 29.38% 29.57% 29.68% 29.93% 29.72% 29.63% 29.53% 29.69% 29.72% 29.61% 29.39% 28.94% 29.00% 29.23% 29.53%
Walmart Inc. 24.23% 24.32% 24.43% 24.50% 24.56% 24.61% 24.65% 24.68% 24.85% 24.92% 24.95% 24.94% 24.93% 24.85% 24.72% 24.58% 24.45% 24.30% 24.31% 24.29% 24.24% 24.26% 24.29% 24.31%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

1 Q3 2020 Calculation
Gross profit margin = 100 × (Gross earningsQ3 2020 + Gross earningsQ2 2020 + Gross earningsQ1 2020 + Gross earningsQ4 2019) ÷ (Net salesQ3 2020 + Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019)
= 100 × (3,011,301 + 2,755,539 + 2,639,700 + 3,093,700) ÷ (10,451,334 + 9,781,596 + 9,277,585 + 11,127,340) = 28.30%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. TJX Cos. Inc.’s gross profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Operating Profit Margin

TJX Cos. Inc., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Selected Financial Data (US$ in thousands)
Operating earnings 1,125,378  1,024,204  937,299  1,177,073  1,085,828  995,586  959,706  1,116,469  1,027,981  901,377  842,349  1,103,275  985,241  925,844  835,163  1,076,764  954,195  897,002  776,739  1,038,637  969,140  858,598  740,126  943,295  888,743  781,365  737,167 
Net sales 10,451,334  9,781,596  9,277,585  11,127,340  9,825,759  9,331,115  8,688,720  10,960,720  8,762,220  8,357,700  7,784,024  9,467,647  8,291,688  7,882,053  7,542,356  8,962,075  7,753,495  7,363,731  6,865,637  8,303,953  7,366,066  6,917,212  6,491,176  7,808,787  6,981,876  6,442,424  6,189,609 
Profitability Ratio
Operating profit margin1 10.49% 10.56% 10.61% 10.82% 10.71% 10.86% 10.89% 10.84% 11.27% 11.30% 11.54% 11.60% 11.70% 11.80% 11.90% 11.97% 12.11% 12.31% 12.37% 12.40% 12.28% 12.17% 12.10% 12.22%
Benchmarks
Operating Profit Margin, Competitors2
Amazon.com Inc. 5.44% 5.96% 6.17% 5.33% 4.87% 3.55% 2.60% 2.31% 2.01% 2.31% 2.89% 3.08% 3.16% 3.21% 2.69% 2.09% 1.71% 0.80% 0.31% 0.20%
Costco Wholesale Corp. 3.17% 3.23% 3.24% 3.16% 3.24% 3.29% 3.30% 3.25% 3.26% 3.20% 3.16% 3.21% 3.16% 3.15% 3.14% 3.18% 3.19% 3.14% 3.07% 2.97% 2.92%
eBay Inc. 21.95% 22.17% 20.83% 20.68% 21.03% 21.73% 23.14% 23.68% 23.96% 24.07% 24.91% 25.89% 26.38% 27.14% 26.33% 25.57% 23.20% 20.82% 20.16% 19.63%
Home Depot Inc. 14.26% 14.31% 14.36% 14.35% 14.53% 14.52% 14.43% 14.55% 14.53% 14.44% 14.31% 14.19% 13.98% 13.81% 13.56% 13.30% 13.17% 12.87% 12.79% 12.59% 12.29% 12.12% 11.78% 11.63%
Lowe’s Cos. Inc. 6.67% 5.83% 5.54% 5.63% 7.99% 8.90% 9.39% 9.60% 9.81% 9.06% 8.73% 8.99% 8.03% 8.85% 8.85% 8.41% 9.17% 8.86% 8.71% 8.52% 8.31% 8.12% 7.88% 7.77%
Netflix Inc. 12.51% 10.56% 9.74% 10.16% 10.98% 9.82% 8.06% 7.17% 6.87% 6.33% 6.18% 4.30% 3.49% 3.32% 3.60% 4.51% 4.83% 5.69% 6.93% 7.31%
Target Corp. 5.97% 5.79% 5.58% 5.52% 5.57% 5.70% 5.77% 6.00% 6.46% 6.76% 6.98% 7.15% 8.22% 7.83% 7.81% 7.49% 6.69% 6.76% 6.39% 6.25% 5.44% 5.16% 5.30% 5.83%
Walmart Inc. 4.12% 4.20% 4.25% 4.30% 4.01% 3.98% 4.06% 4.12% 4.52% 4.64% 4.71% 4.73% 4.83% 4.96% 4.94% 5.04% 5.29% 5.39% 5.52% 5.63% 5.53% 5.57% 5.62% 5.68%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

1 Q3 2020 Calculation
Operating profit margin = 100 × (Operating earningsQ3 2020 + Operating earningsQ2 2020 + Operating earningsQ1 2020 + Operating earningsQ4 2019) ÷ (Net salesQ3 2020 + Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019)
= 100 × (1,125,378 + 1,024,204 + 937,299 + 1,177,073) ÷ (10,451,334 + 9,781,596 + 9,277,585 + 11,127,340) = 10.49%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. TJX Cos. Inc.’s operating profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Net Profit Margin

TJX Cos. Inc., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Selected Financial Data (US$ in thousands)
Net income 828,263  758,962  700,178  841,538  762,253  739,626  716,381  877,276  641,436  552,957  536,279  677,928  549,786  562,174  508,346  666,466  587,256  549,335  474,601  648,230  594,957  517,624  454,317  582,292  622,655  479,559  452,890 
Net sales 10,451,334  9,781,596  9,277,585  11,127,340  9,825,759  9,331,115  8,688,720  10,960,720  8,762,220  8,357,700  7,784,024  9,467,647  8,291,688  7,882,053  7,542,356  8,962,075  7,753,495  7,363,731  6,865,637  8,303,953  7,366,066  6,917,212  6,491,176  7,808,787  6,981,876  6,442,424  6,189,609 
Profitability Ratio
Net profit margin1 7.70% 7.65% 7.69% 7.85% 7.98% 7.88% 7.58% 7.27% 7.01% 6.83% 6.96% 6.93% 7.00% 7.23% 7.31% 7.36% 7.46% 7.58% 7.59% 7.62% 7.52% 7.72% 7.71% 7.79%
Benchmarks
Net Profit Margin, Competitors2
Amazon.com Inc. 4.27% 4.80% 4.97% 4.33% 4.03% 3.02% 2.04% 1.71% 1.20% 1.28% 1.81% 1.74% 1.64% 1.60% 1.03% 0.56% 0.33% -0.20% -0.44% -0.27%
Costco Wholesale Corp. 2.45% 2.46% 2.40% 2.30% 2.26% 2.21% 2.23% 2.14% 2.12% 2.11% 2.01% 2.07% 2.02% 2.03% 2.01% 2.07% 2.09% 2.03% 2.00% 1.90% 1.87%
eBay Inc. 18.33% 22.12% 24.43% 23.54% -7.93% -10.05% -16.56% -10.62% 80.45% 80.93% 86.31% 80.92% 20.29% 22.00% 18.24% 20.08% 20.29% 17.89% 19.09% 0.26%
Home Depot Inc. 10.01% 10.18% 10.24% 10.28% 10.00% 9.45% 8.85% 8.55% 8.66% 8.63% 8.53% 8.41% 8.23% 8.08% 8.00% 7.92% 7.98% 7.88% 7.76% 7.63% 7.32% 7.18% 6.98% 6.83%
Lowe’s Cos. Inc. 4.11% 3.52% 3.31% 3.25% 5.19% 5.58% 5.55% 5.02% 5.16% 4.51% 4.22% 4.76% 3.91% 4.58% 4.58% 4.31% 5.11% 4.91% 4.82% 4.80% 4.61% 4.52% 4.41% 4.28%
Netflix Inc. 7.49% 6.53% 7.61% 7.67% 8.48% 7.13% 5.26% 4.78% 4.04% 3.55% 3.55% 2.11% 1.99% 1.85% 1.77% 1.81% 2.53% 3.15% 4.09% 4.85%
Target Corp. 4.23% 4.15% 4.00% 3.95% 4.35% 4.21% 4.10% 4.08% 3.80% 3.99% 4.02% 3.94% 4.75% 4.59% 4.61% 4.56% -0.95% -1.22% -1.94% -2.25% 2.11% 2.09% 2.61% 2.72%
Walmart Inc. 2.79% 2.50% 1.64% 1.31% 1.02% 1.03% 1.79% 1.99% 2.33% 2.62% 2.82% 2.83% 3.01% 3.07% 3.01% 3.07% 3.14% 3.21% 3.34% 3.39% 3.29% 3.32% 3.34% 3.39%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

1 Q3 2020 Calculation
Net profit margin = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ (Net salesQ3 2020 + Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019)
= 100 × (828,263 + 758,962 + 700,178 + 841,538) ÷ (10,451,334 + 9,781,596 + 9,277,585 + 11,127,340) = 7.70%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. TJX Cos. Inc.’s net profit margin ratio deteriorated from Q1 2020 to Q2 2020 but then improved from Q2 2020 to Q3 2020 exceeding Q1 2020 level.

Return on Equity (ROE)

TJX Cos. Inc., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Selected Financial Data (US$ in thousands)
Net income 828,263  758,962  700,178  841,538  762,253  739,626  716,381  877,276  641,436  552,957  536,279  677,928  549,786  562,174  508,346  666,466  587,256  549,335  474,601  648,230  594,957  517,624  454,317  582,292  622,655  479,559  452,890 
Shareholders’ equity 5,542,532  5,302,612  5,131,895  5,048,606  5,256,873  5,227,073  5,262,408  5,148,309  4,645,608  4,540,804  4,553,523  4,510,599  4,329,811  4,451,356  4,534,969  4,307,075  4,350,461  4,276,067  4,290,290  4,264,230  4,373,808  4,274,652  4,283,494  4,229,893  4,123,771  3,850,139  3,762,665 
Profitability Ratio
ROE1 56.45% 57.76% 59.31% 60.61% 58.89% 56.91% 52.98% 50.66% 51.85% 51.03% 51.08% 50.95% 52.81% 52.21% 50.97% 52.88% 51.94% 53.02% 52.10% 51.95% 49.14% 50.93% 49.93% 50.53%
Benchmarks
ROE, Competitors2
Amazon.com Inc. 20.08% 22.80% 24.80% 23.13% 22.75% 17.93% 12.52% 10.95% 7.81% 8.28% 11.91% 12.29% 11.83% 11.68% 7.90% 4.45% 2.64% -1.60% -3.73% -2.24%
Costco Wholesale Corp. 24.00% 24.89% 24.89% 24.77% 24.49% 24.79% 25.18% 25.04% 24.86% 25.65% 19.16% 20.17% 19.46% 20.32% 20.99% 21.76% 22.39% 21.79% 22.18% 17.23% 16.73%
eBay Inc. 60.86% 58.48% 50.76% 40.28% -11.99% -14.40% -21.64% -12.60% 66.66% 64.59% 67.43% 68.94% 26.50% 29.96% 25.03% 26.23% 34.98% 12.14% 15.34% 0.23%
Home Depot Inc. 799.70% 490.49% 534.68% 593.54% 337.99% 236.33% 206.16% 183.64% 136.68% 111.76% 114.18% 110.97% 90.79% 77.91% 71.11% 68.06% 59.14% 50.56% 45.60% 43.00%
Lowe’s Cos. Inc. 119.93% 95.76% 73.30% 63.50% 68.43% 68.05% 66.72% 58.69% 61.93% 55.33% 50.82% 48.07% 36.99% 40.47% 38.23% 33.26% 35.63% 32.62% 28.99% 27.07% 23.80% 21.96% 20.64% 19.29%
Netflix Inc. 20.61% 18.86% 22.18% 23.12% 25.21% 22.01% 16.68% 15.60% 13.23% 11.63% 11.34% 6.97% 6.45% 5.84% 5.46% 5.52% 7.51% 9.48% 12.43% 14.36%
Target Corp. 28.11% 26.64% 27.11% 26.00% 29.24% 27.74% 26.63% 25.06% 23.79% 25.03% 25.28% 24.99% 30.23% 28.39% 26.78% 25.96% -5.30% -6.46% -10.01% -11.69% 9.31% 9.21% 11.47% 12.14%
Walmart Inc. 20.14% 18.27% 12.28% 9.20% 7.16% 7.30% 11.86% 12.66% 15.03% 16.66% 18.46% 17.54% 18.61% 19.25% 19.20% 18.24% 18.96% 19.64% 21.04% 20.10% 20.01% 20.39% 21.66% 21.01%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

1 Q3 2020 Calculation
ROE = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ Shareholders’ equity
= 100 × (828,263 + 758,962 + 700,178 + 841,538) ÷ 5,542,532 = 56.45%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. TJX Cos. Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Return on Assets (ROA)

TJX Cos. Inc., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 30, 2016 Oct 31, 2015 Aug 1, 2015 May 2, 2015 Jan 31, 2015 Nov 1, 2014 Aug 2, 2014 May 3, 2014 Feb 1, 2014 Nov 2, 2013 Aug 3, 2013 May 4, 2013
Selected Financial Data (US$ in thousands)
Net income 828,263  758,962  700,178  841,538  762,253  739,626  716,381  877,276  641,436  552,957  536,279  677,928  549,786  562,174  508,346  666,466  587,256  549,335  474,601  648,230  594,957  517,624  454,317  582,292  622,655  479,559  452,890 
Total assets 24,288,704  22,854,979  22,489,064  14,326,029  15,025,242  14,111,428  14,007,124  14,058,015  13,877,695  12,935,615  12,763,481  12,883,808  12,866,836  11,670,653  11,704,722  11,499,482  11,992,433  11,341,042  11,365,946  11,128,381  11,592,048  10,921,997  10,429,938  10,201,022  10,669,239  9,926,043  9,840,364 
Profitability Ratio
ROA1 12.88% 13.40% 13.53% 21.36% 20.60% 21.08% 19.90% 18.55% 17.36% 17.91% 18.23% 17.84% 17.77% 19.92% 19.75% 19.81% 18.84% 19.99% 19.67% 19.91% 18.54% 19.93% 20.51% 20.95%
Benchmarks
ROA, Competitors2
Amazon.com Inc. 5.70% 6.32% 6.74% 6.19% 6.20% 4.68% 3.12% 2.31% 1.67% 2.19% 3.19% 2.84% 2.97% 2.97% 1.91% 0.91% 0.58% -0.36% -0.81% -0.44%
Costco Wholesale Corp. 8.06% 8.24% 8.06% 7.44% 7.68% 7.60% 7.65% 7.04% 7.37% 7.13% 6.69% 6.61% 7.09% 6.90% 7.13% 6.66% 7.11% 6.89% 6.74% 6.15% 6.23%
eBay Inc. 10.63% 11.34% 11.83% 11.09% -3.51% -4.29% -6.70% -3.91% 28.99% 26.97% 31.52% 30.47% 8.81% 9.67% 8.06% 9.70% 12.38% 5.27% 6.69% 0.10%
Home Depot Inc. 21.23% 21.54% 21.80% 25.27% 23.35% 21.31% 19.34% 19.38% 19.09% 18.27% 18.17% 18.52% 17.27% 16.81% 16.23% 16.47% 15.67% 15.36% 15.40% 15.88% 14.40% 13.32% 12.99% 13.29%
Lowe’s Cos. Inc. 7.41% 6.21% 5.49% 6.71% 10.05% 10.60% 10.02% 9.77% 9.67% 8.35% 7.47% 8.99% 6.90% 7.67% 7.42% 8.14% 8.87% 8.65% 7.98% 8.48% 7.50% 7.45% 6.92% 6.98%
Netflix Inc. 4.57% 3.82% 4.65% 4.66% 5.40% 4.37% 3.33% 2.94% 2.60% 2.19% 2.35% 1.37% 1.32% 1.22% 1.12% 1.20% 1.64% 2.00% 2.57% 3.78%
Target Corp. 7.42% 7.59% 7.42% 7.11% 7.44% 7.75% 7.63% 7.52% 6.51% 7.43% 7.49% 7.31% 8.67% 8.82% 8.42% 8.35% -1.69% -2.23% -3.51% -3.95% 3.28% 3.41% 4.29% 4.42%
Walmart Inc. 6.02% 5.47% 3.57% 3.04% 2.28% 2.52% 4.37% 4.82% 5.46% 6.32% 6.81% 6.86% 6.99% 7.44% 7.26% 7.36% 7.35% 7.80% 8.03% 8.03% 7.61% 7.77% 7.81% 7.83%

Based on: 10-Q (filing date: 2019-12-03), 10-Q (filing date: 2019-08-30), 10-Q (filing date: 2019-05-31), 10-K (filing date: 2019-04-03), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-31), 10-Q (filing date: 2018-06-01), 10-K (filing date: 2018-04-04), 10-Q (filing date: 2017-11-28), 10-Q (filing date: 2017-08-25), 10-Q (filing date: 2017-05-26), 10-K (filing date: 2017-03-28), 10-Q (filing date: 2016-11-30), 10-Q (filing date: 2016-08-26), 10-Q (filing date: 2016-05-27), 10-K (filing date: 2016-03-29), 10-Q (filing date: 2015-12-01), 10-Q (filing date: 2015-08-28), 10-Q (filing date: 2015-05-29), 10-K (filing date: 2015-03-31), 10-Q (filing date: 2014-12-02), 10-Q (filing date: 2014-08-29), 10-Q (filing date: 2014-05-30), 10-K (filing date: 2014-04-01), 10-Q (filing date: 2013-12-03), 10-Q (filing date: 2013-08-30), 10-Q (filing date: 2013-05-31).

1 Q3 2020 Calculation
ROA = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ Total assets
= 100 × (828,263 + 758,962 + 700,178 + 841,538) ÷ 24,288,704 = 12.88%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. TJX Cos. Inc.’s ROA deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.