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TJX (WBO:TJXC) Gross Profit : €15,814 Mil (TTM As of Oct. 2024)


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What is TJX Gross Profit?

TJX's gross profit for the three months ended in Oct. 2024 was €4,077 Mil. TJX's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was €15,814 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TJX's gross profit for the three months ended in Oct. 2024 was €4,077 Mil. TJX's Revenue for the three months ended in Oct. 2024 was €12,910 Mil. Therefore, TJX's Gross Margin % for the quarter that ended in Oct. 2024 was 31.58%.

TJX had a gross margin of 31.58% for the quarter that ended in Oct. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of TJX was 30.40%. The lowest was 23.66%. And the median was 28.57%.


TJX Gross Profit Historical Data

The historical data trend for TJX's Gross Profit 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 Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,695.95 6,242.06 12,231.02 12,794.34 14,932.19

TJX Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Profit 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 3,907.32 4,482.59 3,485.68 3,769.14 4,076.84

Competitive Comparison of TJX's Gross Profit

For the Apparel Retail subindustry, TJX's Gross Profit, along with its competitors' market caps and Gross Profit 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 Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where TJX's Gross Profit falls into.



TJX Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

TJX's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=49771.206 - 34839.018
=14,932

TJX's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=12909.834 - 8832.996
=4,077

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €15,814 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

TJX's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,077 / 12909.834
=31.58 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


TJX  (WBO:TJXC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TJX had a gross margin of 31.58% for the quarter that ended in Oct. 2024 => Competition eroding margins


TJX Gross Profit Related Terms

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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 5,000 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.

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