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Morningstar

Morningstar

Sep 07, 2026

The TJX Companies, Inc.: Global Buying Scale Anchors Wide-Moat TJX's Leadership in Off-Price Retail

Symbols

TJX

Sector(s)

Consumer Cyclical

Rating

Current Price

132.08

Fair Value

Economic Moat

Stewardship

Summary

Founded in 1987, TJX Companies is the world’s largest off-price apparel and home fashions retailer, operating more than 5,000 stores across nine countries. In fiscal 2026, the company generated roughly $60 billion in sales. TJX operates through four segments: Marmaxx (61% of

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