TJX Profit Margin 2010-2024 | TJX
Current and historical gross margin, operating margin and net profit margin for TJX (TJX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. TJX net profit margin as of January 31, 2024 is 8.25%.
| TJX Annual Profit Margins |
| TJX Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail - Discount & Variety |
$105.514B |
$54.217B |
|
The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The company's broad range of assortments at varying prices helps it to reach out to a broad range of consumers. In addition to these, The TJX Companies tries to attract consumers through rapid turn of inventories. The company has been able to distinguish itself from traditional retailers on the grounds of opportunistic buying strategies and flexible business model. The TJX Companies' low-cost structure sets it apart from other traditional retailers. In order to maintain control on costs, the company engages in the promotion of retail banners, rather than specific brands. The company's distribution network is also designed in a manner such that helps curtailing costs. Moreover, the company emphasizes on creating strong relations with vendors across different countries.
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