What is the primary revenue source for TJX Companies (TJX)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze TJX's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out TJX Companies's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How TJX Companies Makes Money: TJX Revenue Breakdown (2027)

Operations

Where did the money come from, and where was it spent?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

The largest revenue segment accounts for 60.19% of revenue, indicating concentration.

Revenue: USD 29.50B
Largest revenue segment share (Marmaxx): 60.19%
Cost of revenue: USD 19.95B
Selling, general and administrative: USD 5.88B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Largest revenue segment share (Marmaxx)Marmaxx · segment_value / revenue * 100
RevenueNet sales · RevenueFromContractWithCustomerIncludingAssessedTax
Cost of revenueCost of sales, including buying and occupancy costs · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative expenses · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Steady

The company has a net cash position and relies primarily on its own capital.

Property, plant and equipment: USD 8.57B
Inventory: USD 7.86B
Cash and cash equivalents: USD 6.00B
Shareholder equity: USD 10.65B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Shareholder equityTotal shareholders’ equity · StockholdersEquity
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue
InventoryMerchandise inventories · InventoryNet
Property, plant and equipmentNet property at cost · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 117.29% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 2.85B
Operating cash flow: USD 3.35B
Cash conversion: 117.29%
Free cash flow: USD 2.19B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Net incomeNet income · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 1.00B
Share repurchases: USD 1.42B
Stock issuance proceeds: USD 134.00M
Net shareholder return: USD 2.29B

View calculation evidence

YoY periods: H1 2027 compared with H1 2026

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from issuance of common stock · ProceedsFromIssuanceOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?