The TJX Companies, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $5.49B | $4.86B | $4.47B | $3.50B | $3.28B | $90.0M | $3.27B | $3.06B |
| Depreciation & Amortization | $1.25B | $1.10B | $964.0M | $887.0M | $868.0M | $871.0M | $867.3M | $819.7M |
| Depreciation | $1.20B | $1.10B | $958.0M | $879.0M | $858.0M | $858.0M | $858.0M | $819.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $214.0M | $183.0M | $160.0M | $122.0M | $189.0M | $59.0M | $125.0M | $103.6M |
| Net Cash from Operating Activities | $6.87B | $6.12B | $6.06B | $4.08B | $3.06B | $4.56B | $4.07B | $4.09B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.96B | $1.92B | $1.72B | $1.46B | $1.05B | $568.0M | $1.22B | $1.13B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.98B | $-2.48B | $-1.72B | $-1.47B | $-1.05B | $-579.0M | $-1.46B | $-623.6M |
| Financing Activities | ||||||||
| Dividends Paid | $1.84B | $1.65B | $1.48B | $1.34B | $1.25B | $278.0M | $1.07B | $922.6M |
| Stock Repurchases | $2.52B | $2.51B | $2.48B | $2.26B | $2.18B | $202.0M | $1.55B | $2.41B |
| Net Cash from Financing Activities | $-4.12B | $-3.84B | $-4.22B | $-3.31B | $-6.20B | $3.23B | $-2.41B | $-3.10B |
| Net Change in Cash | $895.0M | $-265.0M | $123.0M | $-750.0M | $-4.24B | $7.25B | $186.5M | $271.8M |
| Free Cash Flow | $4.92B | $4.20B | $4.34B | $2.63B | $2.01B | $3.99B | $2.84B | $2.96B |