Goodwill
TJX Companies Goodwill increased by 1.0% to $97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $95M to $97M. Over 5 years (FY 2021 to FY 2026), Goodwill shows relatively stable performance with a -0.6% CAGR.
Analysis
How to read this metric
A stable or growing balance is normal, but a sudden decrease indicates an impairment charge, signaling that past acquisitions have not performed as expected.
Detailed definition
This represents the premium paid over the fair market value of net assets during an acquisition. It reflects the value o...
Peer comparison
Varies widely based on the company's history of M&A activity; common in mature, acquisitive retail firms.
goodwillHistorical Data
| 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 | $99.32M | $97.97M | $98.6M | $97M | $97M | $97M | $95M | $97M | $95M | $95M | $94M | $95M | $95M | $95M | $95M | $94M | $95M | $95M | $95M | $96M | $97M |
| QoQ Change | — | -1.4% | +0.6% | -1.6% | +0.0% | +0.0% | -2.1% | +2.1% | -2.1% | +0.0% | -1.1% | +1.1% | +0.0% | +0.0% | +0.0% | -1.1% | +1.1% | +0.0% | +0.0% | +1.1% | +1.0% |
| YoY Change | — | — | — | — | -2.3% | -1.0% | -3.7% | +0.0% | -2.1% | -2.1% | -1.1% | -2.1% | +0.0% | +0.0% | +1.1% | -1.1% | +0.0% | +0.0% | +0.0% | +2.1% | +2.1% |
Business Segments
| Segment | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 |
|---|---|---|---|---|---|
| Marmaxx | $70M | $70M | $70M | $70M | $70M |
| TJX International | $25M | $25M | $23M | $22M | $24M |
| TJX Canada | $2M | $2M | $2M | $2M | $2M |
| Total | $97M | $97M | $95M | $94M | $96M |
Marmaxx, TJX Canada, TJX International were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is TJX Companies's goodwill?
- TJX Companies (TJX) reported goodwill of $97M in Q1 2026.
- How has TJX Companies's goodwill changed year-over-year?
- TJX Companies's goodwill increased by 2.1% year-over-year, from $95M to $97M.
- What is the long-term trend for TJX Companies's goodwill?
- Over 5 years (2021 to 2026), TJX Companies's goodwill has grown at a -0.6% compound annual growth rate (CAGR), from $99M to $96M.
- What does goodwill mean?
- The value of intangible assets like brand and reputation acquired through past business purchases.