v3.26.1
Stock Incentive Plan (Tables)
 12 Months Ended
Jan. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Estimated Fair Value of Options as of Grant Date by Using Black-Scholes Option Pricing Model
The fair value of options is estimated as of the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:
  Fiscal Year Ended
  January 31,
2026		February 1,
2025		February 3,
2024
Risk-free interest rate3.62 %3.47 %4.51 %
Dividend yield
1.2 %1.3 %1.5 %
Expected volatility factor25.0 %24.4 %24.1 %
Expected option life5.5 years5.5 years5.5 years
Weighted average fair value of options issued$36.90 $29.86 $24.62 
Schedule of Stock Options and Related Weighted Average Exercise Prices
A summary of the status of TJX’s stock options and related weighted average exercise prices (“WAEP”) is presented below:
  Fiscal Year Ended
January 31,
2026		February 1,
2025		February 3,
2024
Shares in millionsOptionsWAEPOptionsWAEPOptionsWAEP
Outstanding at beginning of year31 $68.26 35 $58.65 37 $51.88 
Granted4 140.04 4 117.25 5 91.00 
Exercised(6)54.42 (8)48.35 (7)43.39 
Forfeitures(0)99.75 (0)82.98 (0)68.32 
Outstanding at end of year29 $79.28 31 $68.26 35 $58.65 
Options exercisable at end of year21 $64.31 23 $56.87 25 $50.64 
Schedule of Stock Options Outstanding Expected to Vest and Stock Options Outstanding Exercisable
The following table summarizes information about stock options outstanding that were expected to vest and stock options outstanding that were exercisable as of January 31, 2026:
Shares
(in millions)
Aggregate
Intrinsic
Value
(in millions)
Weighted
Average
Remaining
Contract Life		WAEP
Options outstanding expected to vest(a)
7$193 8.9 years$121.84 
Options exercisable211,8254.9 years64.31 
Total outstanding options vested and expected to vest28$2,018 5.9 years$78.38 
(a)Reflects 7 million unvested options, net of anticipated forfeitures.
Summary of Nonvested Performance-Based Stock Awards
A summary of the status of the Company’s non-vested stock awards and changes during fiscal 2026 is presented below:
In thousands except grant date fair valueRestricted Stock UnitsPerformance Share UnitsTotal Stock AwardsWeighted
Average
Grant Date
Fair Value
Nonvested at beginning of year1,141 1,071 2,212 $76.82 
Granted263 265 528 121.80 
Vested(394)(425)(819)62.34 
Forfeited(63)(53)(116)93.16 
Nonvested at end of year947 858 1,805 $95.51 
Summary of Units Granted and Weighted Average Grant Date Fair Value
A summary of units granted and the weighted average grant date fair value for total stock awards over the previous two fiscal years is presented below:
Fiscal Year Ended
In thousands except grant date fair valueFebruary 1,
2025		February 3,
2024
Granted592 694 
Weighted Average Grant Date Fair Value$99.47 $76.21