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TJX (XTER:TJX) Gross-Profit-to-Asset % : 50.73% (As of Apr. 2024)


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What is TJX Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. TJX's annualized Gross Profit for the quarter that ended in Apr. 2024 was €13,943 Mil. TJX's average Total Assets over the quarter that ended in Apr. 2024 was €27,484 Mil. Therefore, TJX's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 was 50.73%.


TJX Gross-Profit-to-Asset % Historical Data

The historical data trend for TJX's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TJX Gross-Profit-to-Asset % Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.36 26.53 48.48 49.72 55.70

TJX Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.41 53.21 56.95 63.98 50.73

Competitive Comparison of TJX's Gross-Profit-to-Asset %

For the Apparel Retail subindustry, TJX's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TJX's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TJX's Gross-Profit-to-Asset % falls into.



TJX Gross-Profit-to-Asset % Calculation

TJX's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=14932.188/( (26307.872+27307.746)/ 2 )
=14932.188/26807.809
=55.70 %

TJX's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=13942.72/( (27307.746+27660.828)/ 2 )
=13942.72/27484.287
=50.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Apr. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


TJX Gross-Profit-to-Asset % Related Terms

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TJX (XTER:TJX) Business Description

Address
770 Cochituate Road, Framingham, MA, USA, 01701
TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

TJX (XTER:TJX) Headlines

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