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EBITDA minus CAPEX Margin for TJX Companies Inc

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TJX: TJX Companies Inc

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. The company operates through four segments: Marmaxx, HomeGoods, TJX Cana...

128.15 USD
Price
USD
Fair Value
Upside
92.35 - 129.02
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on TJX Companies Inc's EBITDA minus CAPEX Margin:

Jan 2017Jan 2019Jan 2021Jan 2023Jan 20252.0%6.0%10.0%14.0%

Performance Summary
  • TJX's latest twelve months ebitda minus capex margin is 9.7%
  • TJX's ebitda minus capex margin for fiscal years ending January 2021 to 2025 averaged 8.0%.
  • TJX's operated at median ebitda minus capex margin of 9.3% from fiscal years ending January 2021 to 2025.
  • Looking back at the last 5 years, TJX's ebitda minus capex margin peaked in February 2025 at 9.7%.
  • TJX's ebitda minus capex margin hit its 5-year low in January 2021 of 2.8%.
  • TJX's ebitda minus capex margin decreased in 2021 (2.8%, -71.7%) and 2023 (8.6%, -8.9%) and increased in 2022 (9.4%, +242.4%), 2024 (9.3%, +8.2%), and 2025 (9.7%, +4.8%).

How does TJX's EBITDA minus CAPEX Margin benchmark against competitors?

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We've identified the following companies as similar to TJX Companies Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: EBITDA minus CAPEX Margin

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ebitda_less_capex_margin
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number
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current
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EBITDA minus CAPEX Margin

Earnings before interest, taxes, depreciation and amortization (EBITDA) minus capital expenditures expressed as a percent of revenue.

Definition of EBITDA minus CAPEX Margin

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The ebitda - capex margin measures a company’s ebitda - capex as a percentage of the revenue. The formula to calculate ebitda minus capex margin and an example calculation for TJX’s trailing twelve months is outlined below:

EBITDA minus CAPEX Margin  = EBITDA - CAPEX / Total Revenue
9.7% = 5.488 B  /  56.36 B

The tables below summarizes TJX’s performance over the last five years:

Fiscal YearEBITDA - CAPEXRevenueMargin
2021-01-30885 M32.137 B2.8%
2022-01-294.578 B48.55 B9.4%
2023-01-284.29 B49.936 B8.6%
2024-02-035.039 B54.217 B9.3%
2025-02-015.488 B56.36 B9.7%

The tables below summarizes TJX’s performance over the last four quarters:

Quarter EndingEBITDA - CAPEXRevenueMargin
2024-05-041.185 B12.479 B9.5%
2024-08-031.124 B13.468 B8.3%
2024-11-021.537 B14.063 B10.9%
2025-02-011.642 B16.35 B10.0%

You can read more about EBITDA - CAPEX here.


Click the link below to download a spreadsheet with an example EBITDA minus CAPEX Margin calculation for TJX Companies Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-259.4%-184.4%-109.4%37.1%0200400600

The chart above depicts the distribution of ebitda minus capex margin for companies operating in the Consumer Discretionary sector in the Developed economic region. Over 2,465 companies were considered in this analysis, and 2,372 had meaningful values. The average ebitda minus capex margin of companies in the sector is 0.4% with a standard deviation of 26.6%.

TJX Companies Inc's EBITDA minus CAPEX Margin of 9.7% ranks in the 72.5% percentile for the sector. The following table provides additional summary stats:

EBITDA minus CAPEX Margin In The Consumer Discretionary Sector
Economic Risk RegionDeveloped
Total Constituents2,470
Included Constituents2,372
Min-275.9%
Max32.7%
Median5.0%
Mean0.4%
Standard Deviation26.6%

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