T.J. Historical Income Statement
| TJX Stock | USD 125.69 0.67 0.53% |
Historical analysis of T.J. Maxx income statement accounts such as Operating Income of 6.1 B, Ebit of 6.3 B, EBITDA of 7.4 B or Cost Of Revenue of 39.8 B can show how well The TJX Companies performed in making a profits. Evaluating T.J. Maxx income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of T.J. Maxx's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TJX Companies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TJX Companies is a good buy for the upcoming year.
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About T.J. Income Statement Analysis
TJX Companies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to T.J. Maxx shareholders. The income statement also shows T.J. investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
T.J. Maxx Income Statement Chart
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Total Revenue
Total revenue comprises all receipts TJX Companies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of The TJX Companies minus its cost of goods sold. It is profit before T.J. Maxx operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TJX Companies. It is also known as T.J. Maxx overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from TJX Companies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of The TJX Companies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in TJX Companies financial statement analysis. It represents the amount of money remaining after all of The TJX Companies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from T.J. Maxx's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TJX Companies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. At this time, T.J. Maxx's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 4.7 B in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 2.6 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 48.5B | 49.9B | 54.2B | 56.9B | Depreciation And Amortization | 868.0M | 887M | 964M | 1.0B |
T.J. Maxx income statement Correlations
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T.J. Maxx Account Relationship Matchups
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T.J. Maxx income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 867.3M | 870.8M | 868.0M | 887M | 964M | 1.0B | |
| Total Revenue | 41.7B | 32.1B | 48.5B | 49.9B | 54.2B | 56.9B | |
| Gross Profit | 11.9B | 7.6B | 13.8B | 13.8B | 16.3B | 17.1B | |
| Other Operating Expenses | 37.3B | 31.6B | 43.8B | 45.1B | 48.4B | 50.8B | |
| Operating Income | 4.4B | 582.2M | 4.8B | 5.1B | 5.8B | 6.1B | |
| Ebit | 4.4B | 282.9M | 4.8B | 5.1B | 6.0B | 6.3B | |
| Ebitda | 5.3B | 1.2B | 5.6B | 6.0B | 7.0B | 7.4B | |
| Cost Of Revenue | 29.8B | 24.5B | 34.7B | 36.1B | 38.0B | 39.8B | |
| Total Operating Expenses | 7.5B | 7.0B | 9.1B | 8.9B | 10.5B | 11.0B | |
| Income Before Tax | 4.4B | 89.3M | 4.4B | 4.6B | 6.0B | 6.3B | |
| Total Other Income Expense Net | (10.0M) | (492.7M) | (357.3M) | (224M) | 170M | 178.5M | |
| Net Income | 3.3B | 90M | 3.3B | 3.5B | 4.5B | 4.7B | |
| Income Tax Expense | 1.1B | (1.2M) | 1.1B | 1.1B | 1.5B | 1.6B | |
| Interest Expense | 10.0M | 180.7M | 115.1M | 84M | 79M | 83.0M | |
| Selling General Administrative | 10.4B | 7.0B | 8.6B | 8.4B | 13.4B | 14.1B | |
| Net Income Applicable To Common Shares | 3.3B | 90.5M | 3.3B | 3.5B | 4.0B | 4.2B | |
| Net Income From Continuing Ops | 3.3B | 90.5M | 3.3B | 3.5B | 4.5B | 2.6B | |
| Tax Provision | 1.1B | (1.2M) | 1.1B | 1.1B | 1.5B | 893.0M | |
| Interest Income | 49.1M | 180.7M | 115.1M | 6M | 249M | 261.5M | |
| Net Interest Income | (10.0M) | (180.7M) | (115.1M) | (6M) | 170M | 178.5M | |
| Reconciled Depreciation | 867.3M | 870.8M | 868M | 887M | 964M | 943.3M |
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When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.