Aureus
BGood

TJX Companies, Inc. (The)(TJX)

B

Financial data as of Jan 31, 2026Improving · Consumer Discretionary

FCF Margin7.8%Free Cash Flow / Revenue
Cash Conversion125.1%Operating CF / Net Income
Free Cash Flow$4.9B
Revenue$60.4B
Net Cash-$7.3BNet debt position
Debt / FCF2.9xManageable debt load
Current Ratio1.14Adequate short-term liquidity
YoY FCF Growth+21.9%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseC
→
+1Strong YoY FCF growth (21.9% YoY)
→
FinalB

Analysis Summary

Strengths

  • Excellent cash conversion (125%)
  • Strong YoY FCF growth (+21.9%)

Concerns

  • Low FCF margin (7.8%)
  • Net debt position ($7.3B) — 2.9x FCF, manageable

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin7.8%
Net Margin9.1%
Operating CF Margin11.4%
CapEx Ratio3.2%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$7.3BNet debt position
Debt / FCF2.9xManageable debt load
Current Ratio1.14Adequate liquidity
Debt / Equity1.32Moderate leverage

Quarterly FCF Trend

+21.9% YoYImproving (+21.9%)

Free cash flow per quarter

Sector Comparison — Consumer Discretionary

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameTJX Companies, Inc. (The)
SectorConsumer Discretionary
Free Cash Flow$4.9B
Revenue$60.4B
Net Income$5.5B
Operating Cash Flow$6.9B
Capital Expenditure$2.0B
FCF Margin7.8%
Cash Conversion Rate125.1%
Net Margin9.1%
Total Debt$13.5B
Total Cash$6.2B
Net Cash-$7.3B
Current Ratio1.14
Debt / Equity1.32
Debt / FCF2.9x
YoY FCF Growth+21.9%
Positive Quarters4 of 5
Trend DirectionImproving
Report DateJan 31, 2026
GradeB
Data SourceYahoo Finance