What is TJX Companies's deferred tax assets?

TJX Companies (TJX) reported deferred tax assets of $144M in Q1 2026.

How has TJX Companies's deferred tax assets changed year-over-year?

TJX Companies's deferred tax assets increased by 2.1% year-over-year, from $141M to $144M.

What is the long-term trend for TJX Companies's deferred tax assets?

Over 5 years (2021 to 2026), TJX Companies's deferred tax assets has grown at a 2.9% compound annual growth rate (CAGR), from $127.19M to $147M.

What does deferred tax assets mean?

The amount of future income tax savings a company expects to realize due to past transactions or accounting timing differences.

Non-Current Assets

Deferred Tax Assets

TJX Companies Deferred Tax Assets decreased by 2.0% to $144M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $141M to $144M. Over 5 years (FY 2021 to FY 2026), Deferred Tax Assets shows an upward trend with a 2.9% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ1 2014

Last reportedQ1 2027May 29, 2026

How to read this metric

An increase suggests the company has future tax deductions available, while a decrease may indicate the utilization of these benefits or a valuation allowance adjustment.

Detailed definition

Deferred tax assets represent future tax benefits that arise from temporary differences between the book value of assets...

Peer comparison

Standard across all public companies; peers in retail typically show similar levels relative to their capital expenditure and tax planning strategies.

Metric ID: deferred_tax_assets

Historical Data

21 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27
Value	$135.77M	$127.48M	$193.58M	$185M	$177M	$172M	$174M	$158M	$150M	$149M	$152M	$172M	$156M	$147M	$142M	$148M	$141M	$142M	$145M	$147M	$144M
QoQ Change	—	-6.1%	+51.9%	-4.4%	-4.3%	-2.8%	+1.2%	-9.2%	-5.1%	-0.7%	+2.0%	+13.2%	-9.3%	-5.8%	-3.4%	+4.2%	-4.7%	+0.7%	+2.1%	+1.4%	-2.0%
YoY Change	—	—	—	—	+30.4%	+34.9%	-10.1%	-14.6%	-15.3%	-13.4%	-12.6%	+8.9%	+4.0%	-1.3%	-6.6%	-14.0%	-9.6%	-3.4%	+2.1%	-0.7%	+2.1%

Range$127.48M – $193.58M

CAGR+1.2%

Avg YoY Growth-1.1%

Median YoY Growth-3.4%

Deferred Tax Assets at Other Companies

TargetTGT View metric

Ross StoresROST View metric

Burlington StoresBURL View metric

Ralph LaurenRL View metric

Tapestry, Inc.TPR View metric

Dollar TreeDLTR View metric

Frequently Asked Questions

What is TJX Companies's deferred tax assets?: TJX Companies (TJX) reported deferred tax assets of $144M in Q1 2026.
How has TJX Companies's deferred tax assets changed year-over-year?: TJX Companies's deferred tax assets increased by 2.1% year-over-year, from $141M to $144M.
What is the long-term trend for TJX Companies's deferred tax assets?: Over 5 years (2021 to 2026), TJX Companies's deferred tax assets has grown at a 2.9% compound annual growth rate (CAGR), from $127.19M to $147M.
What does deferred tax assets mean?: The amount of future income tax savings a company expects to realize due to past transactions or accounting timing differences.