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Side-by-side financial comparison of Smurfit Westrock (SW) and TJX Companies (TJX). Click either name above to swap in a different company.
TJX Companies is the larger business by last-quarter revenue ($15.1B vs $7.7B, roughly 2.0× Smurfit Westrock). TJX Companies runs the higher net margin — 9.5% vs 0.8%, a 8.7% gap on every dollar of revenue. On growth, TJX Companies posted the faster year-over-year revenue change (7.5% vs 0.7%). Over the past eight quarters, Smurfit Westrock's revenue compounded faster (61.2% CAGR vs -4.0%).
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
SW vs TJX — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.7B | $15.1B |
| Net Profit | $63.0M | $1.4B |
| Gross Margin | 16.4% | 32.6% |
| Operating Margin | 3.3% | — |
| Net Margin | 0.8% | 9.5% |
| Revenue YoY | 0.7% | 7.5% |
| Net Profit YoY | 0.0% | 11.2% |
| EPS (diluted) | $0.12 | $1.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.6B | $15.1B | ||
| Q3 25 | $8.0B | $14.4B | ||
| Q2 25 | $7.9B | $13.1B | ||
| Q1 25 | $7.7B | $16.4B | ||
| Q4 24 | $7.5B | $14.1B | ||
| Q3 24 | $7.7B | $13.5B | ||
| Q2 24 | $3.0B | $12.5B |
| Q1 26 | $63.0M | — | ||
| Q4 25 | $97.0M | $1.4B | ||
| Q3 25 | $246.0M | $1.2B | ||
| Q2 25 | $-28.0M | $1.0B | ||
| Q1 25 | $384.0M | $1.4B | ||
| Q4 24 | $146.0M | $1.3B | ||
| Q3 24 | $-150.0M | $1.1B | ||
| Q2 24 | $132.0M | $1.1B |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 18.2% | 32.6% | ||
| Q3 25 | 19.6% | 30.7% | ||
| Q2 25 | 19.1% | 29.5% | ||
| Q1 25 | 20.6% | 30.5% | ||
| Q4 24 | 19.1% | 31.6% | ||
| Q3 24 | 17.6% | 30.4% | ||
| Q2 24 | 23.3% | 30.0% |
| Q1 26 | 3.3% | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 7.2% | 11.6% | ||
| Q4 24 | 5.3% | 12.3% | ||
| Q3 24 | 0.7% | 10.9% | ||
| Q2 24 | 8.2% | 11.1% |
| Q1 26 | 0.8% | — | ||
| Q4 25 | 1.3% | 9.5% | ||
| Q3 25 | 3.1% | 8.6% | ||
| Q2 25 | -0.4% | 7.9% | ||
| Q1 25 | 5.0% | 8.6% | ||
| Q4 24 | 1.9% | 9.2% | ||
| Q3 24 | -2.0% | 8.2% | ||
| Q2 24 | 4.4% | 8.6% |
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.18 | $1.28 | ||
| Q3 25 | $0.47 | $1.10 | ||
| Q2 25 | $-0.05 | $0.92 | ||
| Q1 25 | $0.73 | $1.23 | ||
| Q4 24 | $-0.12 | $1.14 | ||
| Q3 24 | $-0.30 | $0.96 | ||
| Q2 24 | $0.51 | $0.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.6B |
| Total DebtLower is stronger | $980.0M | — |
| Stockholders' EquityBook value | $18.1B | $9.4B |
| Total Assets | $45.2B | $35.2B |
| Debt / EquityLower = less leverage | 0.05× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $892.0M | $4.6B | ||
| Q3 25 | $851.0M | $4.6B | ||
| Q2 25 | $778.0M | $4.3B | ||
| Q1 25 | $797.0M | $5.3B | ||
| Q4 24 | $855.0M | $4.7B | ||
| Q3 24 | — | $5.3B | ||
| Q2 24 | $26.8K | $5.1B |
| Q1 26 | $980.0M | — | ||
| Q4 25 | $13.4B | — | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $13.3B | — | ||
| Q1 25 | $12.9B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | — | — |
| Q1 26 | $18.1B | — | ||
| Q4 25 | $18.3B | $9.4B | ||
| Q3 25 | $18.4B | $8.9B | ||
| Q2 25 | $18.3B | $8.5B | ||
| Q1 25 | $17.9B | $8.4B | ||
| Q4 24 | $17.4B | $8.2B | ||
| Q3 24 | $18.0B | $7.8B | ||
| Q2 24 | $14.5K | $7.5B |
| Q1 26 | $45.2B | — | ||
| Q4 25 | $45.2B | $35.2B | ||
| Q3 25 | $45.6B | $32.9B | ||
| Q2 25 | $45.7B | $31.9B | ||
| Q1 25 | $44.6B | $31.7B | ||
| Q4 24 | $43.8B | $32.4B | ||
| Q3 24 | $45.0B | $30.6B | ||
| Q2 24 | $26.8K | $29.7B |
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.73× | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $204.0M | $1.5B |
| Free Cash FlowOCF − Capex | — | $1.0B |
| FCF MarginFCF / Revenue | — | 6.6% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | 3.24× | 1.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $204.0M | — | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $829.0M | $394.0M | ||
| Q1 25 | $235.0M | $2.7B | ||
| Q4 24 | $781.0M | $1.0B | ||
| Q3 24 | $320.0M | $1.6B | ||
| Q2 24 | $340.0M | $737.0M |
| Q1 26 | — | — | ||
| Q4 25 | $612.0M | $1.0B | ||
| Q3 25 | $523.0M | $1.3B | ||
| Q2 25 | $307.0M | $-103.0M | ||
| Q1 25 | $-242.0M | $2.2B | ||
| Q4 24 | $212.0M | $624.0M | ||
| Q3 24 | $-192.0M | $1.1B | ||
| Q2 24 | $163.0M | $318.0M |
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 6.6% | ||
| Q3 25 | 6.5% | 9.2% | ||
| Q2 25 | 3.9% | -0.8% | ||
| Q1 25 | -3.2% | 13.4% | ||
| Q4 24 | 2.8% | 4.4% | ||
| Q3 24 | -2.5% | 7.9% | ||
| Q2 24 | 5.5% | 2.5% |
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | 3.5% | ||
| Q3 25 | 7.6% | 3.2% | ||
| Q2 25 | 6.6% | 3.8% | ||
| Q1 25 | 6.2% | 3.1% | ||
| Q4 24 | 7.5% | 3.0% | ||
| Q3 24 | 6.7% | 4.2% | ||
| Q2 24 | 6.0% | 3.4% |
| Q1 26 | 3.24× | — | ||
| Q4 25 | 12.32× | 1.06× | ||
| Q3 25 | 4.61× | 1.44× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | 0.61× | 1.93× | ||
| Q4 24 | 5.35× | 0.81× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | 2.58× | 0.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SW
Segment breakdown not available.
TJX
| Marmaxx | $9.0B | 60% |
| Home Goods | $2.5B | 17% |
| TJX International | $2.0B | 14% |
| Tjx Canada | $1.5B | 10% |
