TJXTJX COMPANIES INC /DE/
Retail-Family Clothing Stores
- Revenue
- $60.4B
- 7.1% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $154.5B
- Employees
- 1,400
- $43M revenue each
- Net debt / EBITDA
- —
- −$4.1B net debt
- AI in 10-K
- 1.1
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$23M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo125% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo63% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo93% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$43M · 100th pctBottom quartile of its SIC industry
- Quiet on AINo1.1 per 10K words · 36th pctBottom quartile of AI mentions in 10-Ks
- Net cashYesNet cash · 0.7× EBITDAMore cash than debt, positive EBITDA
- Buyout-sizedNo$154.5B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$41M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $48.5B | $49.9B | $54.2B | $56.4B | $60.4B | 7.1% |
| Net income | $3.3B | $3.5B | $4.5B | $4.9B | $5.5B | 13% |
| Operating cash flow | $3.1B | $4.1B | $6.1B | $6.1B | $6.9B | 12% |
| Capex | $1.0B | $1.5B | $1.7B | $1.9B | $2.0B | 2.0% |
| Stock-based comp | $189M | $122M | $160M | $183M | $214M | 17% |
| Buybacks | $2.2B | $2.3B | $2.5B | $2.5B | $2.5B | 0.4% |
| Dividends | $1.3B | $1.3B | $1.5B | $1.6B | $1.8B | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $41M · 12
- Net
- −$41M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $27M | $47M | 252 | 209 |
| FY2025 | $23M | $48M | 207 | 173 |
| FY2024 | $22M | $44M | 160 | 139 |
| FY2023 | $21M | $23M | 132 | 121 |
| FY2022 | $32M | $48M | 113 | 109 |