What is TJX Companies's income tax?

TJX Companies (TJX) reported income tax of $389M in Q1 2026.

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

TJX Companies's income tax increased by 25.5% year-over-year, from $310M to $389M.

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

Over 4 years (2022 to 2026), TJX Companies's income tax has grown at a 12.8% compound annual growth rate (CAGR), from $1.12B to $1.81B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

TJX Companies TJX Income Tax

Income Tax at other companies

TargetTGT

$252M-27.2%

DillardsDDS

$76.78M+53.9%

Walmart WMT

$1.66B+22.4%

Ross StoresROST

$187.51M+16.0%

Macy'sM

$30M0.0%

Kohl'sKSS

-$3M-200%

Other financials

Income statement

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Revenue$14.3B+9.2%

Gross profit$4.5B+15.9%

Net income$1.3B+28.6%

EPS (diluted)$1.19+29.3%

Balance sheet

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Cash & equivalents$5.6B+31.1%

Total debt$14.2B+8.6%

Total equity$10.4B+22.3%

Total assets$36.2B+13.5%

Cash flow

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Operating cash flow$1.1B+184%

CapEx$662.0M+33.2%

Free cash flow$457.0M+544%

Valuation

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Market cap$171.44B+24.4%

Enterprise value$180.04B+22.8%

P/E29.6×+1.1×

P/S2.8×+0.4×

Profitability

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Gross margin31.4%+0.9pp

Net margin9.4%+0.9pp

FCF margin8.9%+2.3pp

Returns & leverage

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Return on equity61.3%+0.9pp

Debt / equity1.4×-0.2×

Current ratio1.1×0.0×

Where this comes from

Reported directly by TJX Companies in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: TJX Companies’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TJX Companies's income tax?: TJX Companies (TJX) reported income tax of $389M in Q1 2026.
How has TJX Companies's income tax changed year-over-year?: TJX Companies's income tax increased by 25.5% year-over-year, from $310M to $389M.
What is the long-term trend for TJX Companies's income tax?: Over 4 years (2022 to 2026), TJX Companies's income tax has grown at a 12.8% compound annual growth rate (CAGR), from $1.12B to $1.81B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.