GAP vs TJX
GAP Inc. and TJX Companies Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GAP | TJX |
|---|---|---|
| Revenue | $15.4B | $60.4B |
| Net income | $816.0M | $5.5B |
| Gross margin | 40.8% | 31.0% |
| Net margin | 5.3% | 9.1% |
| Return on equity | 23.1% | 59.1% |
| Diluted EPS | $2.13 | $4.87 |
| Dividend / share | $0.66 | $1.70 |
| Payout ratio | 30.3% | 33.5% |
| Free cash flow | $823.0M | $4.9B |
| Equity | $3.8B | $10.2B |
| Net debt / equity | −0.30× | −0.33× |
| Current ratio | 1.75× | 1.14× |
| Revenue CAGR 5y | 2.2% | 13.4% |
| Profit CAGR 5y | · | 127.6% |
TJX bills 3.9× the revenue of GAP, and keeps more of each dollar of revenue as profit (9.1% against 5.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GAP | TJX |
|---|---|---|
| FY2025 | $15.4B | $60.4B |
| FY2024 | $15.1B | $56.4B |
| FY2023 | $14.9B | $54.2B |
| FY2022 | $15.6B | $49.9B |
| FY2021 | $16.7B | $48.5B |
| FY2020 | $13.8B | $32.1B |
| FY2019 | $16.4B | $41.7B |
| FY2018 | $16.6B | $39.0B |
| FY2017 | $15.9B | $35.9B |
| FY2016 | $15.5B | $33.2B |
Bottom line
| Fiscal year | GAP | TJX |
|---|---|---|
| FY2025 | $816.0M | $5.5B |
| FY2024 | $844.0M | $4.9B |
| FY2023 | $502.0M | $4.5B |
| FY2022 | $-202.0M | $3.5B |
| FY2021 | $256.0M | $3.3B |
| FY2020 | $-665.0M | $90.0M |
| FY2019 | $351.0M | $3.3B |
| FY2018 | $1.0B | $3.1B |
| FY2017 | $848.0M | $2.6B |
| FY2016 | $676.0M | $2.3B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$45,006,000,000 | TJX |
| FY2024 | −$41,274,000,000 | TJX |
| FY2023 | −$39,328,000,000 | TJX |
| FY2022 | −$34,320,000,000 | TJX |
| FY2021 | −$31,880,000,000 | TJX |
| FY2020 | −$18,337,000,000 | TJX |
| FY2019 | −$25,333,977,000 | TJX |
| FY2018 | −$22,392,934,000 | TJX |
| FY2017 | −$20,009,664,000 | TJX |
| FY2016 | −$17,667,744,000 | TJX |
| FY2015 | −$15,147,938,000 | TJX |
| FY2014 | −$12,643,407,000 | TJX |
| FY2013 | −$11,274,696,000 | TJX |
| FY2012 | −$10,227,372,000 | TJX |
| FY2011 | −$8,642,455,000 | TJX |
| FY2010 | −$7,278,193,000 | TJX |
| FY2009 | −$6,091,444,000 | TJX |
| FY2008 | −$4,473,505,000 | TJX |
| FY2007 | −$2,573,726,000 | TJX |
TJX has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.8 pp | TJX |
| FY2024 | −3.0 pp | TJX |
| FY2023 | −4.9 pp | TJX |
| FY2022 | −8.3 pp | TJX |
| FY2021 | −5.2 pp | TJX |
| FY2020 | −5.1 pp | TJX |
| FY2019 | −5.7 pp | TJX |
| FY2018 | −1.8 pp | TJX |
| FY2017 | −1.9 pp | TJX |
| FY2016 | −2.6 pp | TJX |
| FY2015 | −1.5 pp | TJX |
| FY2014 | +0.1 pp | GAP |
| FY2013 | +0.1 pp | GAP |
| FY2012 | −0.1 pp | TJX |
| FY2011 | −0.7 pp | TJX |
| FY2010 | +2.1 pp | GAP |
| FY2009 | +1.8 pp | GAP |
| FY2008 | +2.0 pp | GAP |
| FY2007 | +1.1 pp | GAP |
The higher net margin has changed hands between GAP and TJX over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GAP's net margin has been more volatile than TJX's over the 19 comparable fiscal years — 3.3 percentage points of standard deviation against 1.9.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GAP and TJX over these 19 fiscal years — GAP led in 6 and TJX in 13.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GAP's return on equity has been more volatile than TJX's over the 19 comparable fiscal years — 15.7 percentage points of standard deviation against 13.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TJX led in return on equity in every one of the 19 comparable fiscal years — a structural lead, not a recent swing.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.