T.J. Return On Equity from 2010 to 2024

TJX Stock  USD 126.36  0.16  0.13%   
T.J. Maxx Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.52 in 2024. Return On Equity is a measure of the profitability of The TJX Companies in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.61270885
Current Value
0.51947094
Quarterly Volatility
0.04186107
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T.J. Maxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T.J. Maxx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Total Revenue of 56.9 B or Gross Profit of 17.1 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0103 or PTB Ratio of 10.59. T.J. financial statements analysis is a perfect complement when working with T.J. Maxx Valuation or Volatility modules.
  
Check out the analysis of T.J. Maxx Correlation against competitors.

Latest T.J. Maxx's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of The TJX Companies over the last few years. Return on Equity is the amount of TJX Companies net income returned as a percentage of T.J. Maxx equity. Return on equity measures T.J. Maxx profitability by revealing how much profit The TJX Companies generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. T.J. Maxx's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T.J. Maxx's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.6610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

T.J. Return On Equity Regression Statistics

Arithmetic Mean0.55
Geometric Mean0.55
Coefficient Of Variation7.57
Mean Deviation0.03
Median0.55
Standard Deviation0.04
Sample Variance0
Range0.1074
R-Value0.72
Mean Square Error0.0009
R-Squared0.52
Significance0
Slope0.01
Total Sum of Squares0.02

T.J. Return On Equity History

2024 0.52
2020 0.61
2014 0.55

About T.J. Maxx Financial Statements

T.J. Maxx investors use historical fundamental indicators, such as T.J. Maxx's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in T.J. Maxx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.61  0.52 

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Additional Tools for T.J. Stock Analysis

When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.