PP&E (Net)
TJX Companies PP&E (Net) increased by 2.8% to $8.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $7.55B to $8.45B. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows an upward trend with a 10.3% CAGR.
Analysis
How to read this metric
Growth in this metric indicates ongoing investment in physical infrastructure, while a decline may suggest asset divestment or high depreciation rates.
Detailed definition
This represents the net book value of long-term tangible assets, such as stores, distribution centers, and equipment, af...
Peer comparison
Highly dependent on whether the company owns or leases its real estate; varies significantly by retail strategy.
property_plant_equipment_netHistorical 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 | $5.07B | $5.11B | $5.17B | $5.27B | $5.29B | $5.39B | $5.57B | $5.78B | $5.9B | $6.17B | $6.26B | $6.57B | $6.62B | $6.97B | $7.14B | $7.35B | $7.55B | $7.78B | $7.93B | $8.22B | $8.45B |
| QoQ Change | — | +0.8% | +1.1% | +2.0% | +0.3% | +1.9% | +3.4% | +3.8% | +2.0% | +4.5% | +1.6% | +4.9% | +0.8% | +5.2% | +2.4% | +2.9% | +2.8% | +2.9% | +1.9% | +3.7% | +2.8% |
| YoY Change | — | — | — | — | +4.4% | +5.5% | +7.9% | +9.7% | +11.5% | +14.4% | +12.4% | +13.6% | +12.3% | +13.0% | +14.0% | +11.8% | +14.1% | +11.6% | +11.1% | +11.9% | +11.8% |
Geographic Breakdown — United States
| Segment | Q4 '24 | Q4 '25 |
|---|---|---|
| United States | $5.13B | $5.87B |
| Canada | $341M | $364M |
| Australia | $75M | $72M |
| Total | $6.57B | $7.35B |
Australia, Canada, United States were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — Europe
| Segment | Q4 '23 | Q4 '24 | Q4 '25 | Q4 '26 |
|---|---|---|---|---|
| Europe | $923M | $1.03B | $1.04B | $1.15B |
| Total | $5.78B | $6.57B | $7.35B | $8.22B |
Europe was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is TJX Companies's pp&e (net)?
- TJX Companies (TJX) reported pp&e (net) of $8.45B in Q1 2026.
- How has TJX Companies's pp&e (net) changed year-over-year?
- TJX Companies's pp&e (net) increased by 11.8% year-over-year, from $7.55B to $8.45B.
- What is the long-term trend for TJX Companies's pp&e (net)?
- Over 5 years (2021 to 2026), TJX Companies's pp&e (net) has grown at a 10.3% compound annual growth rate (CAGR), from $5.04B to $8.22B.
- What does pp&e (net) mean?
- The value of the company's physical assets like buildings and equipment, minus depreciation.