TJX Companies (TJX) FY2024 results: revenue $54.2 billion, up 8.6% on the year
TJX Companies Inc. (TJX) reported revenue of $54.2 billion for fiscal 2024, the year ended 3 February 2024, up 8.6% on the year before. Net income was $4.5 billion, up 27.9%, and diluted earnings per share $3.86. The figures are the company's own, from the 10-K it filed with the SEC on 3 April 2024.
Revenue
$54.2 billion
+8.6% on the year
FY2017FY2024
Operating margin
n/a
FY2017FY2024
Net income
$4.5 billion
+27.9% on the year
FY2017FY2024
Diluted EPS
$3.86
+30.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
6,057
4,084
3,057
+48.3%
Capital expenditure
1,722
1,457
1,045
+18.2%
Free cash flow
4,335
2,627
2,013
+65.0%
Free cash flow margin
8.0%
5.3%
4.1%
Cash from investing
-1,717
-1,470
-1,046
Cash from financing
-4,215
-3,306
-6,200
Depreciation and amortisation
964
887
868
+8.7%
Share-based compensation
160
122
189
+31.1%
Buybacks
2,484
2,255
2,176
+10.2%
Dividends paid
1,484
1,339
1,252
+10.8%
Dividend per share
$1.33
$1.18
$1.04
+12.7%
Diluted shares, weighted
1,159m
1,178m
1,216m
-1.6%
Shares outstanding at period end
1,134m
1,155m
1,181m
-1.9%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
7,302
6,364
6,003
+14.7%
Debt
2,862
3,359
3,355
-14.8%
Operating lease liabilities
8,060
7,775
7,576
+3.7%
Other liabilities
11,523
10,851
11,528
+6.2%
Total liabilities and equity
29,747
28,349
28,461
+4.9%
Fixed assets
6,571
5,783
5,271
+13.6%
Goodwill
95.0
97.0
97.0
-2.1%
Cash and equivalents
5,600
5,477
6,227
+2.2%
Receivables
529
563
518
-6.0%
Inventory
5,965
5,819
5,962
+2.5%
Other assets
10,987
10,610
10,388
+3.6%
Total assets
29,747
28,349
28,461
+4.9%
10-K for the year ended 3 February 2024, filed 3 April 2024: the filing.