v3.26.1
Capital Stock and Earnings Per Share
 12 Months Ended
Jan. 31, 2026
Equity [Abstract]  
Capital Stock and Earnings Per Share Capital Stock and Earnings Per Share
Capital Stock
In February 2026, the Company announced that its Board of Directors had approved a new stock repurchase program that authorizes the repurchase of up to an additional $3 billion of TJX common stock from time to time. Under this program and previously announced programs, TJX had approximately $4.1 billion available for repurchase as of January 31, 2026.
The following table provides share repurchases, excluding applicable excise tax:
  Fiscal Year Ended
In millionsJanuary 31,
2026		February 1,
2025		February 3,
2024
Total number of shares repurchased and retired18.5 22.3 29.0 
Total cost$2,506 $2,495 $2,484 
All shares repurchased under the stock repurchase programs have been retired. These expenditures were funded by cash generated from operations.
TJX has 5 million shares of authorized but unissued preferred stock, $1 par value.
Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share:
  Fiscal Year Ended
Amounts in millions, except per share amountsJanuary 31,
2026		February 1,
2025		February 3,
2024
 (53 weeks)
Basic earnings per share:
Net income$5,494 $4,864 $4,474 
Weighted average common shares outstanding for basic earnings per share calculation1,114 1,128 1,146 
Basic earnings per share$4.93 $4.31 $3.90 
Diluted earnings per share:
Net income$5,494 $4,864 $4,474 
Weighted average common shares outstanding for basic earnings per share calculation1,114 1,128 1,146 
Assumed exercise/vesting of stock options and awards14 14 13 
Weighted average common shares outstanding for diluted earnings per share calculation1,128 1,142 1,159 
Diluted earnings per share$4.87 $4.26 $3.86 
Cash dividends declared per share
$1.70 $1.50 $1.33 
The weighted average common shares for the diluted earnings per share calculation excludes the impact of outstanding stock options if the assumed proceeds per share of the option is in excess of the average price of TJX’s common stock for the related fiscal periods. Such options are excluded because they would have an antidilutive effect. There were 3 million, 4 million, and 5 million such options excluded at the end of fiscal 2026, fiscal 2025 and fiscal 2024, respectively.