TJX Companies (TJX) FY2022 results: revenue $48.5 billion, up 51.1% on the year
TJX Companies Inc. (TJX) reported revenue of $48.5 billion for fiscal 2022, the year ended 29 January 2022, up 51.1% on the year before. Net income was $3.3 billion, up 3547.6%, and diluted earnings per share $2.70. The figures are the company's own, from the 10-K it filed with the SEC on 30 March 2022.
Revenue
$48.5 billion
+51.1% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$3.3 billion
+3,547.6% on the year
FY2015FY2022
Diluted EPS
$2.70
+3,757.1% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,057
4,562
4,067
-33.0%
Capital expenditure
1,045
568
1,223
+83.9%
Free cash flow
2,013
3,994
2,843
-49.6%
Free cash flow margin
4.1%
12.4%
6.8%
Cash from investing
-1,046
-579
-1,462
Cash from financing
-6,200
3,228
-2,415
Depreciation and amortisation
868
871
867
-0.3%
Share-based compensation
189
59.0
125
+220.4%
Buybacks
2,176
202
1,552
+977.4%
Dividends paid
1,252
278
1,072
+349.9%
Dividend per share
$1.04
$0.26
$0.92
+300.0%
Diluted shares, weighted
1,216m
1,215m
1,227m
+0.1%
Shares outstanding at period end
1,181m
1,205m
1,199m
-2.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,003
5,833
5,948
+2.9%
Debt
3,355
6,083
2,237
-44.8%
Operating lease liabilities
7,576
7,743
7,817
-2.2%
Other liabilities
11,528
11,155
8,144
+3.3%
Total liabilities and equity
28,461
30,814
24,145
-7.6%
Fixed assets
5,271
5,036
5,325
+4.7%
Goodwill
97.0
99.0
95.5
-2.0%
Cash and equivalents
6,227
10,470
3,217
-40.5%
Receivables
518
461
386
+12.2%
Inventory
5,962
4,337
4,873
+37.4%
Other assets
10,388
10,410
10,249
-0.2%
Total assets
28,461
30,814
24,145
-7.6%
10-K for the year ended 29 January 2022, filed 30 March 2022: the filing.