TJX TJX Companies margins

Relative Growth: Rel. Growth: 89

Relative Strength: Rel. Strength: 18

Relative Valuation: Rel. Valuation: 60

Relative Profitability: Rel. Profitability: 76

Gross margin

32%

Operating margin

12.7%

EBITDA margin

14.8%

Net margin

9.7%

Using the latest TTM figures, TJX Companies shows a gross margin of 32%, an operating margin of 12.7%, an EBITDA margin of 14.8%, and a net margin of 9.7%. Each available margin advanced from the same period last year. EBITDA margin recorded the strongest gain, gaining by 1.6 percentage points.

TJX margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, TJX Companies recorded average margins of 30.58% gross, 11.29% operating, 13.23% EBITDA, and 8.71% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

TJX margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in EBITDA margin, which rose by 1.6 percentage points. The other available margins also improved.

Gross margin expansion

1.4pp

Operating margin expansion

1.5pp

EBITDA margin expansion

1.6pp

Net margin expansion

1.1pp

TJX Gross margin

Across the last 3 years, TJX Companies recorded an average gross margin of 30.58%. TJX Companies's current gross margin is 32% and is 1.4 percentage points above its three-year average. The highest gross margin for TJX Companies was 32% in Aug 2026, while the lowest was 29% in Oct 2023.

TJX Operating margin

Over the last 3 years, TJX Companies's operating margin averaged 11.29%. Right now, TJX Companies's current operating margin is 12.7%, which is 1.4 percentage points above its three-year average. During this period, operating margin reached a high of 12.7% in Aug 2026 and a low of 10.2% in Oct 2023.

TJX EBITDA margin

TJX Companies's EBITDA margin averaged 13.23% over the last 3 years. At present, the current EBITDA margin for TJX Companies is 14.8%, 1.6 percentage points above its three-year average. Over the last 3 years, TJX Companies's EBITDA margin peaked at 14.8% in Aug 2026 and reached a low of 12% in Oct 2023.

TJX Net margin

Across the last 3 years, TJX Companies had an average net margin of 8.71%. The latest net margin for TJX Companies is 9.7%, 1 percentage points above its three-year average. Looking back over the last 3 years, TJX Companies's net margin reached 9.7% at its highest point in Aug 2026 and 7.9% at its lowest in Oct 2023.

TJX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 32%, TJX stands lower than the Consumer Cyclical sector, the industry and its peers average. Looking at the Consumer Cyclical sector average of 36.3%, TJX Companies's gross margin is 12% lower.

TJX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is TJX Companies's gross margin?

As of Aug 1, 2026, TJX has a gross margin of 32%.

What is TJX Companies's operating margin?

As of Aug 1, 2026, TJX has an operating margin of 12.7%.

What is TJX Companies's EBITDA margin?

For the period ending Aug 1, 2026, TJX recorded an EBITDA margin of 14.8%.

What is TJX Companies's net margin?

The current net margin for TJX is 9.7% as of Aug 1, 2026.

What are the average margins of TJX?

The three-year average margins for TJX were 30.6% gross, 11.3% operating, 13.2% EBITDA, and 8.7% net.

What are the highest historical margins of TJX?

Over the last 5 years, TJX Companies's highest margins were 32% gross in Aug 2026, 12.7% operating in Aug 2026, 14.8% EBITDA in Aug 2026, and 9.7% net in Aug 2026.

What are the lowest historical margins of TJX?

Within the 5-year period, TJX recorded its lowest margins at 27.6% gross in Jan 2023, 9.5% operating in Oct 2021, 10.2% EBITDA in Oct 2021, and 5.8% net in Oct 2021.