Current Assets

Income taxes receivable

TJX Companies Income taxes receivable increased by 700.0% to $64.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $44.00M to $64.00M. Over 5 years (FY 2021 to FY 2026), Income taxes receivable shows a downward trend with a -26.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2027May 29, 2026

How to read this metric

An increase indicates that the company has overpaid its tax obligations or is due for a significant tax credit.

Detailed definition

This represents the amount of income tax paid to government authorities that is expected to be refunded to the company....

Peer comparison

Common in large corporations with complex tax jurisdictions and frequent tax filings.

Metric ID: income_taxes_receivable

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$64.21M$121.70M$86.69M$115.00M$54.00M$112.00M$142.00M$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$64.00M
QoQ Change+89.5%-28.8%+32.7%-53.0%+107.4%+26.8%-16.2%-61.3%+221.7%-8.1%-56.6%+5.1%+82.3%+4.4%-41.5%-36.2%+138.6%-30.5%-89.0%+700.0%
YoY Change-15.9%-8.0%+63.8%+3.5%-14.8%+32.1%-4.2%-50.4%+34.8%-23.6%-13.2%+16.9%-29.0%-7.1%-38.1%-88.4%+45.5%
Range$8.00M$148.00M
CAGR-0.1%
Avg YoY Growth-5.7%
Median YoY Growth-8.0%

Frequently Asked Questions

What is TJX Companies's income taxes receivable?
TJX Companies (TJX) reported income taxes receivable of $64.00M in Q1 2026.
How has TJX Companies's income taxes receivable changed year-over-year?
TJX Companies's income taxes receivable increased by 45.5% year-over-year, from $44.00M to $64.00M.
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 -26.1% compound annual growth rate (CAGR), from $36.26M to $8.00M.
What does income taxes receivable mean?
Tax refunds owed to the company by government authorities.