Analysis of Reportable Segments
TJX Cos. Inc. operates in 4 segments: Marmaxx; HomeGoods; TJX Canada; and TJX International.
Segment Profit Margin
TJX Cos. Inc., profit margin by reportable segment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 13.76% | 12.71% | 12.93% | 4.60% | 13.52% | 13.53% |
| HomeGoods | 9.58% | 6.32% | 10.09% | 8.36% | 10.71% | 11.61% |
| TJX Canada | 14.17% | 14.05% | 11.16% | 4.38% | 12.79% | 14.25% |
| TJX International | 4.91% | 5.58% | 2.81% | -13.11% | 5.42% | 5.44% |
Based on: 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Marmaxx | Marmaxx segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| HomeGoods | HomeGoods segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| TJX Canada | TJX Canada segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| TJX International | TJX International segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Profit Margin: Marmaxx
TJX Cos. Inc.; Marmaxx; segment profit margin calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 4,597) | 3,883) | 3,813) | 891) | 3,470) | 3,254) |
| Net sales | 33,413) | 30,545) | 29,483) | 19,363) | 25,665) | 24,058) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 13.76% | 12.71% | 12.93% | 4.60% | 13.52% | 13.53% |
Based on: 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).
1 2024 Calculation
Segment profit margin = 100 × Segment profit (loss) ÷ Net sales
= 100 × 4,597 ÷ 33,413 = 13.76%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Marmaxx | Marmaxx segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Profit Margin: HomeGoods
TJX Cos. Inc.; HomeGoods; segment profit margin calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 861) | 522) | 907) | 510) | 681) | 672) |
| Net sales | 8,990) | 8,264) | 8,995) | 6,096) | 6,356) | 5,787) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 9.58% | 6.32% | 10.09% | 8.36% | 10.71% | 11.61% |
Based on: 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).
1 2024 Calculation
Segment profit margin = 100 × Segment profit (loss) ÷ Net sales
= 100 × 861 ÷ 8,990 = 9.58%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | HomeGoods | HomeGoods segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Profit Margin: TJX Canada
TJX Cos. Inc.; TJX Canada; segment profit margin calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 715) | 690) | 485) | 124) | 516) | 552) |
| Net sales | 5,046) | 4,912) | 4,343) | 2,836) | 4,031) | 3,870) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 14.17% | 14.05% | 11.16% | 4.38% | 12.79% | 14.25% |
Based on: 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).
1 2024 Calculation
Segment profit margin = 100 × Segment profit (loss) ÷ Net sales
= 100 × 715 ÷ 5,046 = 14.17%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | TJX Canada | TJX Canada segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: TJX International
TJX Cos. Inc.; TJX International; segment profit margin calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 332) | 347) | 161) | (504) | 307) | 286) |
| Net sales | 6,768) | 6,215) | 5,729) | 3,842) | 5,665) | 5,258) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 4.91% | 5.58% | 2.81% | -13.11% | 5.42% | 5.44% |
Based on: 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).
1 2024 Calculation
Segment profit margin = 100 × Segment profit (loss) ÷ Net sales
= 100 × 332 ÷ 6,768 = 4.91%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | TJX International | TJX International segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Return on Assets (Segment ROA)
TJX Cos. Inc., ROA by reportable segment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 35.38% | 31.91% | 33.95% | 8.72% | 31.08% | 52.29% |
| HomeGoods | 22.49% | 14.54% | 26.22% | 17.87% | 24.44% | 47.43% |
| TJX Canada | 34.33% | 34.45% | 22.06% | 6.10% | 27.28% | 60.30% |
| TJX International | 7.99% | 8.52% | 3.77% | -11.47% | 7.17% | 12.19% |
Based on: 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Marmaxx | Marmaxx segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| HomeGoods | HomeGoods segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| TJX Canada | TJX Canada segment ROA improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| TJX International | TJX International segment ROA improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment ROA: Marmaxx
TJX Cos. Inc.; Marmaxx; segment ROA calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 4,597) | 3,883) | 3,813) | 891) | 3,470) | 3,254) |
| Identifiable assets | 12,993) | 12,170) | 11,230) | 10,220) | 11,163) | 6,223) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 35.38% | 31.91% | 33.95% | 8.72% | 31.08% | 52.29% |
Based on: 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).
1 2024 Calculation
Segment ROA = 100 × Segment profit (loss) ÷ Identifiable assets
= 100 × 4,597 ÷ 12,993 = 35.38%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Marmaxx | Marmaxx segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment ROA: HomeGoods
TJX Cos. Inc.; HomeGoods; segment ROA calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 861) | 522) | 907) | 510) | 681) | 672) |
| Identifiable assets | 3,828) | 3,590) | 3,461) | 2,851) | 2,785) | 1,417) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 22.49% | 14.54% | 26.22% | 17.87% | 24.44% | 47.43% |
Based on: 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).
1 2024 Calculation
Segment ROA = 100 × Segment profit (loss) ÷ Identifiable assets
= 100 × 861 ÷ 3,828 = 22.49%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | HomeGoods | HomeGoods segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment ROA: TJX Canada
TJX Cos. Inc.; TJX Canada; segment ROA calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 715) | 690) | 485) | 124) | 516) | 552) |
| Identifiable assets | 2,083) | 2,003) | 2,197) | 2,035) | 1,890) | 915) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 34.33% | 34.45% | 22.06% | 6.10% | 27.28% | 60.30% |
Based on: 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).
1 2024 Calculation
Segment ROA = 100 × Segment profit (loss) ÷ Identifiable assets
= 100 × 715 ÷ 2,083 = 34.33%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | TJX Canada | TJX Canada segment ROA improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment ROA: TJX International
TJX Cos. Inc.; TJX International; segment ROA calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment profit (loss) | 332) | 347) | 161) | (504) | 307) | 286) |
| Identifiable assets | 4,154) | 4,075) | 4,281) | 4,389) | 4,284) | 2,344) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 7.99% | 8.52% | 3.77% | -11.47% | 7.17% | 12.19% |
Based on: 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).
1 2024 Calculation
Segment ROA = 100 × Segment profit (loss) ÷ Identifiable assets
= 100 × 332 ÷ 4,154 = 7.99%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | TJX International | TJX International segment ROA improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Asset Turnover
TJX Cos. Inc., asset turnover by reportable segment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 2.57 | 2.51 | 2.63 | 1.89 | 2.30 | 3.87 |
| HomeGoods | 2.35 | 2.30 | 2.60 | 2.14 | 2.28 | 4.09 |
| TJX Canada | 2.42 | 2.45 | 1.98 | 1.39 | 2.13 | 4.23 |
| TJX International | 1.63 | 1.53 | 1.34 | 0.88 | 1.32 | 2.24 |
Based on: 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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Marmaxx | Marmaxx segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
| HomeGoods | HomeGoods segment asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. | |
| TJX Canada | TJX Canada segment asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| TJX International | TJX International segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Marmaxx
TJX Cos. Inc.; Marmaxx; segment asset turnover calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 33,413) | 30,545) | 29,483) | 19,363) | 25,665) | 24,058) |
| Identifiable assets | 12,993) | 12,170) | 11,230) | 10,220) | 11,163) | 6,223) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 2.57 | 2.51 | 2.63 | 1.89 | 2.30 | 3.87 |
Based on: 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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 33,413 ÷ 12,993 = 2.57
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Marmaxx | Marmaxx segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Asset Turnover: HomeGoods
TJX Cos. Inc.; HomeGoods; segment asset turnover calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 8,990) | 8,264) | 8,995) | 6,096) | 6,356) | 5,787) |
| Identifiable assets | 3,828) | 3,590) | 3,461) | 2,851) | 2,785) | 1,417) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 2.35 | 2.30 | 2.60 | 2.14 | 2.28 | 4.09 |
Based on: 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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 8,990 ÷ 3,828 = 2.35
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | HomeGoods | HomeGoods segment asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Asset Turnover: TJX Canada
TJX Cos. Inc.; TJX Canada; segment asset turnover calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 5,046) | 4,912) | 4,343) | 2,836) | 4,031) | 3,870) |
| Identifiable assets | 2,083) | 2,003) | 2,197) | 2,035) | 1,890) | 915) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 2.42 | 2.45 | 1.98 | 1.39 | 2.13 | 4.23 |
Based on: 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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 5,046 ÷ 2,083 = 2.42
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | TJX Canada | TJX Canada segment asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Asset Turnover: TJX International
TJX Cos. Inc.; TJX International; segment asset turnover calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 6,768) | 6,215) | 5,729) | 3,842) | 5,665) | 5,258) |
| Identifiable assets | 4,154) | 4,075) | 4,281) | 4,389) | 4,284) | 2,344) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 1.63 | 1.53 | 1.34 | 0.88 | 1.32 | 2.24 |
Based on: 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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Identifiable assets
= 6,768 ÷ 4,154 = 1.63
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | TJX International | TJX International segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation
TJX Cos. Inc., capital expenditures to depreciation by reportable segment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 1.81 | 1.71 | 1.11 | 0.45 | 1.30 | 1.31 |
| HomeGoods | 1.90 | 1.79 | 1.63 | 1.20 | 2.03 | 1.54 |
| TJX Canada | 2.07 | 1.57 | 0.95 | 0.62 | 1.53 | 1.24 |
| TJX International | 1.53 | 1.38 | 1.25 | 0.83 | 1.29 | 1.51 |
Based on: 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).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Marmaxx | Marmaxx segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
| HomeGoods | HomeGoods segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| TJX Canada | TJX Canada segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| TJX International | TJX International segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Marmaxx
TJX Cos. Inc.; Marmaxx; segment capital expenditures to depreciation calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 950) | 822) | 514) | 216) | 615) | 599) |
| Depreciation and amortization | 525) | 480) | 465) | 479) | 474) | 456) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.81 | 1.71 | 1.11 | 0.45 | 1.30 | 1.31 |
Based on: 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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 950 ÷ 525 = 1.81
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Marmaxx | Marmaxx segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: HomeGoods
TJX Cos. Inc.; HomeGoods; segment capital expenditures to depreciation calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 345) | 295) | 244) | 162) | 252) | 171) |
| Depreciation and amortization | 182) | 165) | 149) | 135) | 124) | 111) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.90 | 1.79 | 1.63 | 1.20 | 2.03 | 1.54 |
Based on: 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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 345 ÷ 182 = 1.90
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | HomeGoods | HomeGoods segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: TJX Canada
TJX Cos. Inc.; TJX Canada; segment capital expenditures to depreciation calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 157) | 110) | 69) | 44) | 102) | 82) |
| Depreciation and amortization | 76) | 70) | 73) | 71) | 67) | 66) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 2.07 | 1.57 | 0.95 | 0.62 | 1.53 | 1.24 |
Based on: 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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 157 ÷ 76 = 2.07
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | TJX Canada | TJX Canada segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: TJX International
TJX Cos. Inc.; TJX International; segment capital expenditures to depreciation calculation
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 270) | 230) | 219) | 146) | 255) | 273) |
| Depreciation and amortization | 177) | 167) | 174) | 176) | 197) | 181) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.53 | 1.38 | 1.25 | 0.83 | 1.29 | 1.51 |
Based on: 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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 270 ÷ 177 = 1.53
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | TJX International | TJX International segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net sales
TJX Cos. Inc., net sales by reportable segment
US$ in millions
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 33,413) | 30,545) | 29,483) | 19,363) | 25,665) | 24,058) |
| HomeGoods | 8,990) | 8,264) | 8,995) | 6,096) | 6,356) | 5,787) |
| In the United States | 42,403) | 38,809) | 38,478) | 25,459) | 32,021) | 29,845) |
| TJX Canada | 5,046) | 4,912) | 4,343) | 2,836) | 4,031) | 3,870) |
| TJX International | 6,768) | 6,215) | 5,729) | 3,842) | 5,665) | 5,258) |
| Total | 54,217) | 49,936) | 48,550) | 32,137) | 41,717) | 38,973) |
Based on: 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).
Segment profit (loss)
TJX Cos. Inc., segment profit (loss) by reportable segment
US$ in millions
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 4,597) | 3,883) | 3,813) | 891) | 3,470) | 3,254) |
| HomeGoods | 861) | 522) | 907) | 510) | 681) | 672) |
| In the United States | 5,458) | 4,405) | 4,720) | 1,401) | 4,150) | 3,926) |
| TJX Canada | 715) | 690) | 485) | 124) | 516) | 552) |
| TJX International | 332) | 347) | 161) | (504) | 307) | 286) |
| Total | 6,505) | 5,442) | 5,366) | 1,021) | 4,973) | 4,763) |
Based on: 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).
Identifiable assets
TJX Cos. Inc., identifiable assets by reportable segment
US$ in millions
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 12,993) | 12,170) | 11,230) | 10,220) | 11,163) | 6,223) |
| HomeGoods | 3,828) | 3,590) | 3,461) | 2,851) | 2,785) | 1,417) |
| In the United States | 16,821) | 15,760) | 14,691) | 13,072) | 13,948) | 7,640) |
| TJX Canada | 2,083) | 2,003) | 2,197) | 2,035) | 1,890) | 915) |
| TJX International | 4,154) | 4,075) | 4,281) | 4,389) | 4,284) | 2,344) |
| Corporate | 6,689) | 6,511) | 7,293) | 11,317) | 4,023) | 3,427) |
| Total | 29,747) | 28,349) | 28,461) | 30,814) | 24,145) | 14,326) |
Based on: 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).
Capital expenditures
TJX Cos. Inc., capital expenditures by reportable segment
US$ in millions
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 950) | 822) | 514) | 216) | 615) | 599) |
| HomeGoods | 345) | 295) | 244) | 162) | 252) | 171) |
| In the United States | 1,295) | 1,117) | 758) | 378) | 866) | 770) |
| TJX Canada | 157) | 110) | 69) | 44) | 102) | 82) |
| TJX International | 270) | 230) | 219) | 146) | 255) | 273) |
| Total | 1,722) | 1,457) | 1,045) | 568) | 1,223) | 1,125) |
Based on: 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).
Depreciation and amortization
TJX Cos. Inc., depreciation and amortization by reportable segment
US$ in millions
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
|---|---|---|---|---|---|---|
| Marmaxx | 525) | 480) | 465) | 479) | 474) | 456) |
| HomeGoods | 182) | 165) | 149) | 135) | 124) | 111) |
| In the United States | 707) | 645) | 614) | 614) | 598) | 567) |
| TJX Canada | 76) | 70) | 73) | 71) | 67) | 66) |
| TJX International | 177) | 167) | 174) | 176) | 197) | 181) |
| Corporate | 4) | 5) | 7) | 10) | 5) | 5) |
| Total | 964) | 887) | 868) | 871) | 867) | 820) |
Based on: 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).