• TJX average return on tangible equity for 2024 was 65.83, a 3.36% decline from 2023.
• TJX average return on tangible equity for 2023 was 63.69, a 11.62% increase from 2022.
• TJX average return on tangible equity for 2022 was 57.06, a 96.96% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.