Current Assets

Income taxes receivable

TJX Companies Income taxes receivable decreased by 89.0% to $8.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 88.4%, from $69.00M to $8.00M. Over 5 years (FY 2021 to FY 2026), Income taxes receivable shows a downward trend with a -17.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase may indicate overpayment of estimated taxes or the accrual of refundable credits, representing a potential source of near-term cash inflow.

Detailed definition

This represents the amount of income tax overpayments or refundable tax credits that the company expects to recover from...

Peer comparison

Common for large corporations that manage complex tax filings across multiple jurisdictions.

Metric ID: income_taxes_receivable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$64.21M$121.70M$86.69M$114.54M$53.72M$112.12M$142.18M$119.00M$46.00M$148.00M$136.00M$59.00M$62.00M$113.00M$118.00M$69.00M$44.00M$105.00M$73.00M$8.00M
QoQ Change+89.5%-28.8%+32.1%-53.1%+108.7%+26.8%-16.3%-61.3%+221.7%-8.1%-56.6%+5.1%+82.3%+4.4%-41.5%-36.2%+138.6%-30.5%-89.0%
YoY Change-16.3%-7.9%+64.0%+3.9%-14.4%+32.0%-4.3%-50.4%+34.8%-23.6%-13.2%+16.9%-29.0%-7.1%-38.1%-88.4%
Range$8.00M$148.00M
CAGR-35.5%
Avg YoY Growth-8.8%
Median YoY Growth-10.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is TJX Companies's income taxes receivable?
TJX Companies (TJX) reported income taxes receivable of $8.00M in Q1 2026.
How has TJX Companies's income taxes receivable changed year-over-year?
TJX Companies's income taxes receivable decreased by 88.4% year-over-year, from $69.00M to $8.00M.
What is the long-term trend for TJX Companies's income taxes receivable?
Over 5 years (2021 to 2026), TJX Companies's income taxes receivable has grown at a -17.0% compound annual growth rate (CAGR), from $185.65M to $73.00M.
What does income taxes receivable mean?
Tax refunds or credits owed to the company by government tax agencies.

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