TJX Companies ROA 2024

TJX Companies ROA

0.15

TJX Companies Dividend yield

0.76 %

Ticker

TJX

ISIN

US8725401090

WKN

854854

In 2024, TJX Companies's return on assets (ROA) was 0.15, a 30.39% increase from the 0.12 ROA in the previous year.

TJX Companies Aktienanalyse

What does TJX Companies do?

TJX Companies Inc is a US retail company. Its headquarters is located in Framingham, Massachusetts. TJX Companies operates over 4,500 stores in 9 countries and employs approximately 300,000 employees. The company was originally founded as the Zayre Corporation in 1919. In the 1970s, it expanded and opened more stores in the US. In the 1980s, TJX Companies integrated all existing brands into the company and consolidated them under a common umbrella brand. The company's business model is based on the concept of off-price retailing, where products are sourced from brand manufacturers' excess inventory or overproduction. TJX Companies purchases these products at a reduced price and sells them in its stores below the regular retail price, allowing for high profit margins. The company is divided into different business segments, including Marshalls, T.J. Maxx, Sierra, HomeGoods, and Winners. Marshalls and T.J. Maxx offer clothing, accessories, and home goods, while Sierra focuses on outdoor and sports apparel. HomeGoods specializes in home furnishings and Winners is the Canadian counterpart to the US brands. TJX Companies offers a wide range of products, including clothing, shoes, accessories, furniture, household items, and electronics. However, the product selection can vary depending on the availability of excess inventory. The company has successfully defended against online retail by optimizing its physical stores and expanding into regions with poor infrastructure, where fast and reliable online delivery is not available. Overall, TJX Companies is a successful retail company that is able to achieve high profit margins due to its business model. With its various brands, the company is able to serve a wide range of customers and markets. TJX Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TJX Companies's Return on Assets (ROA)

TJX Companies's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing TJX Companies's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider TJX Companies's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in TJX Companies’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about TJX Companies Stock

What is the Return on Assets (ROA) of TJX Companies this year?

The Return on Assets (ROA) of TJX Companies is 0.15 undefined this year.

What was the ROA of TJX Companies compared to the previous year?

The ROA of TJX Companies has increased by 30.39% compared to the previous year.

What consequences do high ROA have for investors of TJX Companies?

A high ROA is advantageous for investors of TJX Companies, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in TJX Companies?

A low ROA can be unfavorable for investors of TJX Companies as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of TJX Companies affect the company?

An increase in ROA of TJX Companies can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of TJX Companies impact the company?

A reduction in the ROA of TJX Companies can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of TJX Companies?

Some factors that can influence the ROA of TJX Companies include revenue, operating costs, asset structure, and industry average.

Why is the ROA of TJX Companies important for investors?

The ROA of TJX Companies is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can TJX Companies take to improve ROA?

To improve ROA, TJX Companies can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does TJX Companies pay?

Over the past 12 months, TJX Companies paid a dividend of 0.71 USD . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, TJX Companies is expected to pay a dividend of 0.71 USD.

What is the dividend yield of TJX Companies?

The current dividend yield of TJX Companies is 0.76 %.

When does TJX Companies pay dividends?

TJX Companies pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of TJX Companies?

TJX Companies paid dividends every year for the past 28 years.

What is the dividend of TJX Companies?

For the upcoming 12 months, dividends amounting to 0.71 USD are expected. This corresponds to a dividend yield of 0.76 %.

In which sector is TJX Companies located?

TJX Companies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von TJX Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TJX Companies from 6/6/2024 amounting to 0.375 USD, you needed to have the stock in your portfolio before the ex-date on 5/15/2024.

When did TJX Companies pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of TJX Companies in the year 2023?

In the year 2023, TJX Companies distributed 1.293 USD as dividends.

In which currency does TJX Companies pay out the dividend?

The dividends of TJX Companies are distributed in USD.

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Andere Kennzahlen von TJX Companies

Our stock analysis for TJX Companies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TJX Companies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.