TJX Debt-to-Equity Ratio Analysis
Updated 963h ago·SEC filings & market data
Key Takeaway
A debt-to-equity ratio of 0.27x means TJX carries $0.27 of debt for every $1 of shareholder equity, a measure of how much the company relies on borrowed funds versus owner capital.
Sector Performance
23th percentileTJX
0.27x
Sector Median
0.72x
Sector Avg
2.46x
Prior Period
0.28x(Aug 2026)
Deep Analysis
A debt-to-equity ratio of 0.27x means TJX carries $0.27 of debt for every $1 of shareholder equity, a measure of how much the company relies on borrowed funds versus owner capital.
This sits far below the sector median of 0.72x, placing TJX at the 23rd percentile, where most peers carry higher leverage. The ratio fell from 0.28x to 0.27x, a 3.6% decline quarter-over-quarter, indicating a deleveraging trend, though the year-over-year change is not available. Low leverage combined with a downward path signals reduced financial distress risk, though it may also reflect caution in pursuing expansion opportunities. This risk profile supports the overall NEUTRAL verdict: the balance sheet is stable and conservative, but it does not create a clear case for
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about TJX?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Learn More About Debt-to-Equity Ratio
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master TJX's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full TJX research report →TJX
0.27x
Sector Median
0.72x
Sector Avg
2.46x
How TJX's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.