TTM
12.4%
YoY change
+0.71pp
Trough year (2021)
1.8%
Peak year (2015)
12.4%
Latest annual
11.9%
Operating Margin history chart for TJX Companies (TJX) from 1987 to 2026
Latest: 11.9%
Operating Margin change chart for TJX Companies (TJX) from 1987 to 2026
Latest: +0.71pp
Operating Margin history table for TJX Companies (TJX) from 1987 to 2026
| 2026 | 11.9% | +0.71pp | ||
| 2025 | 11.2% | +0.49pp | ||
| 2024 | 10.7% | +0.96pp | ||
| 2023 | 9.7% | -0.06pp | ||
| 2022 | 9.8% | +7.98pp | ||
| 2021 | 1.8% | -8.78pp | ||
| 2020 | 10.6% | -0.24pp | ||
| 2019 | 10.8% | -0.29pp | ||
| 2018 | 11.1% | -0.48pp | ||
| 2017 | 11.6% | -0.37pp | ||
| 2016 | 12.0% | -0.43pp | ||
| 2015 | 12.4% | +0.18pp | ||
| 2014 | 12.2% | +0.21pp | ||
| 2013 | 12.0% | +1.45pp | ||
| 2012 | 10.6% | +0.51pp | ||
| 2011 | 10.0% | +0.22pp | ||
| 2010 | 9.8% | +2.11pp | ||
| 2009 | 7.7% | +0.85pp | ||
| 2008 | 6.9% | -0.62pp | ||
| 2007 | 7.5% | +0.98pp | ||
| 2006 | 6.5% | -0.33pp | ||
| 2005 | 6.8% | -0.77pp | ||
| 2004 | 7.6% | -0.43pp | ||
| 2003 | 8.0% | -0.36pp | ||
| 2002 | 8.4% | -0.87pp | ||
| 2001 | 9.3% | -0.52pp | ||
| 2000 | 9.8% | +0.91pp | ||
| 1999 | 8.9% | +1.75pp | ||
| 1998 | 7.1% | +1.10pp | ||
| 1997 | 6.0% | +1.96pp | ||
| 1996 | 4.1% | -0.29pp | ||
| 1995 | 4.4% | -1.97pp | ||
| 1994 | 6.3% | +0.22pp | ||
| 1993 | 6.1% | +0.73pp | ||
| 1992 | 5.4% | -0.71pp | ||
| 1991 | 6.1% | -0.83pp | ||
| 1990 | 6.9% | +0.92pp | ||
| 1989 | 6.0% | -1.58pp | ||
| 1988 | 7.6% | +0.03pp | ||
| 1987 | 7.6% | — |
- 202611.9%+0.71pp
- 202511.2%+0.49pp
- 202410.7%+0.96pp
- 20239.7%-0.06pp
- 20229.8%+7.98pp
- 20211.8%-8.78pp
- 202010.6%-0.24pp
- 201910.8%-0.29pp
- 201811.1%-0.48pp
- 201711.6%-0.37pp
- 201612.0%-0.43pp
- 201512.4%+0.18pp
- 201412.2%+0.21pp
- 201312.0%+1.45pp
- 201210.6%+0.51pp
- 201110.0%+0.22pp
- 20109.8%+2.11pp
- 20097.7%+0.85pp
- 20086.9%-0.62pp
- 20077.5%+0.98pp
- 20066.5%-0.33pp
- 20056.8%-0.77pp
- 20047.6%-0.43pp
- 20038.0%-0.36pp
- 20028.4%-0.87pp
- 20019.3%-0.52pp
- 20009.8%+0.91pp
- 19998.9%+1.75pp
- 19987.1%+1.10pp
- 19976.0%+1.96pp
- 19964.1%-0.29pp
- 19954.4%-1.97pp
- 19946.3%+0.22pp
- 19936.1%+0.73pp
- 19925.4%-0.71pp
- 19916.1%-0.83pp
- 19906.9%+0.92pp
- 19896.0%-1.58pp
- 19887.6%+0.03pp
- 19877.6%—
Operating Margin values are taken from TJX Companies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at TJX Companies (TJX)
According to TJX Companies's latest reported financial statements, the company's latest reported operating margin is 12.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, TJX Companies (TJX) operating margin totalled 11.89% – expanded 0.7 percentage points year-over-year.
Across the available history, operating margin reached its high of 12.40% in 2015 and its low of 1.81% in 2021.
TJX Companies Operating Margin by Year
TJX Companies Operating Margin 2026: 11.9%
In 2026, TJX Companies reported operating margin of 11.89%, expanded 0.7 percentage points from 2025.
TJX Companies Operating Margin 2025: 11.2%
TJX Companies operating margin in 2025 was 11.18%, expanded 0.5 percentage points from 2024.
TJX Companies Operating Margin 2024: 10.7%
2024's operating margin for TJX Companies came in at 10.69%, expanded 1.0 percentage points from 2023.
TJX Companies Operating Margin 2023: 9.7%
TJX Companies posted operating margin of 9.73% in 2023, contracted 0.1 percentage points from 2022.
TJX Companies Operating Margin 2022: 9.8%
TJX Companies operating margin in 2022 was 9.79%.
See more financial history for TJX Companies (TJX).
Sector peers by Operating Margin
Consumer Cyclical peers of TJX Companies (TJX), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 11.5% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
Frequently asked questions
TJX Companies (TJX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation