Ross Stores
ROST Nasdaq· Apparel Retail
Last close · Oct 27, 2026
$230.09
KIRA · Stoqly’s AI analyst, in plain words
- Ross Stores had $22.8B of revenue in fiscal 2025, up 7.7% on the year before. Over five years, revenue changed +12.7% a year on average.
- Its operating margin was 11.9%, down 0.3 pts: of every 100 in sales, about 12 is left after running the business.
- Ross Stores made $2.1B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 9.9% a year.
- Free cash flow was $2.2B in fiscal 2025, 9.7% of revenue.
- Ross Stores returned $1.6B to shareholders in fiscal 2025, 71% of free cash flow. The diluted share count fell 2.0%.
- Ross Stores has $3.1B more cash than debt.
Market cap
$73.5B
P/E
27.9x
Revenue
$22.8B
Net income
$2.1B
Free cash flow
$2.2B
Operating margin
11.9%
Ross Stores in 30 seconds · fiscal 2025
Are sales growing?
+7.7%
Yes. Sales grew 7.7% last year.
Does it make a profit?
9.4%
A little. It keeps 9.4% of every sale as profit.
Does profit turn into cash?
9.7%
Partly. 9.7% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
27.9x
One share costs 27.9 times its yearly profit per share. Typical for its sector: 17.7x.
What Ross Stores does
Ross Stores runs two chains of off-price stores that sell apparel, shoes, accessories and home goods: Ross Dress for Less and dd's DISCOUNTS. Off-price means it sells name-brand and designer goods at prices below what department and specialty stores charge. As of January 31, 2026, Ross had 1,904 locations in 44 states, the District of Columbia, Guam and Puerto Rico, and it also ran 363 dd's DISCOUNTS stores in 22 states. Ross says its prices run 20% to 60% below department and specialty store regular prices, and that its customers are mainly from middle income households. dd's DISCOUNTS sells more moderately priced goods to households with lower to more moderate incomes. Revenue comes from selling goods in its stores. The company says it is the largest off-price apparel and home fashion chain in the United States. Ross buys most of its goods directly from manufacturers, often late in the buying cycle.
Biggest risks, in its own words
- Changes in U.S. trade or tax policy, such as tariffs, on goods made in other countries.
- Unexpected changes in consumer spending and tastes, and strong competition in retail.
- Depending on a steady supply of attractive brand name merchandise at desirable discounts.
- Managing inventory, markdowns and inventory losses so it can reach its planned margins.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Ross Stores, Inc.
- CIK
- 0000745732
Ross Stores · ROST
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $18.9B | $18.7B | $20.4B | $21.1B | $22.8B |
| Revenue growth | 51.0% | −1.2% | 9.0% | 3.7% | 7.7% |
| Gross margin | 27.5% | 25.4% | 27.4% | 27.8% | 27.7% |
| Operating margin | — | 10.7% | 11.3% | 12.2% | 11.9% |
| Net income | $1.7B | $1.5B | $1.9B | $2.1B | $2.1B |
| Net margin | 9.1% | 8.1% | 9.2% | 9.9% | 9.4% |
| Diluted EPS | $4.87 | $4.38 | $5.56 | $6.32 | $6.61 |
| Cash | |||||
| Cash from operations | $1.7B | $1.7B | $2.5B | $2.4B | $3.0B |
| Capital expenditure | $558M | $654M | $763M | $720M | $819M |
| Free cash flow | $1.2B | $1.0B | $1.8B | $1.6B | $2.2B |
| FCF margin | 6.2% | 5.5% | 8.6% | 7.8% | 9.7% |
| Dividends paid | $405M | $431M | $455M | $489M | $528M |
| Share buybacks | $650M | $950M | $950M | $1.1B | $1.1B |
| Share count change | −0.3% | −2.4% | −2.3% | −1.9% | −2.0% |
| Debt and strength | |||||
| Cash and short-term investments | $4.9B | $4.6B | $4.9B | $4.7B | $4.6B |
| Debt incl. finance leases | $2.5B | $2.5B | $2.5B | $2.2B | $1.5B |
| Shareholders' equity | $4.1B | $4.3B | $4.9B | $5.5B | $6.2B |
| Net debt / EBITDA | −0.9x | −0.9x | −0.9x | −0.8x | −1.0x |
| Current ratio | 1.8x | 1.9x | 1.8x | 1.6x | 1.6x |
| Interest coverage | 27.8x | 24.8x | 28.7x | 32.2x | 48.5x |
| Returns and quality | |||||
| Return on capital | — | 80.1% | 75.2% | 71.9% | 67.0% |
| Return on equity | 46.9% | 36.2% | 40.9% | 40.3% | 36.7% |
| Piotroski F-score | 9 | 6 | 8 | 7 | 6 |
| Altman Z'' | 3.9 | 3.8 | 3.9 | 4.0 | 4.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$23.0M
7 insiders
Of sales under plans
20%
$4.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Ross Stores · ROST
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Ross Stores ROST | $73.5B | 7.7% | 11.9% | 9.7% | 67.0% | 27.9x | 6 |
| Gap GAP | $7.9B | 1.9% | 7.3% | 5.4% | 36.1% | 6.5x | 6 |
| Burlington Stores BURL | $15.0B | 8.8% | — | 1.5% | 28.1% | 21.1x | 7 |
| TJX Companies TJX | $156.6B | 7.1% | — | 8.1% | 87.1% | 26.0x | 8 |
| Victoria's Secret VSXY | $7.8B | 5.2% | 4.1% | 4.8% | 17.7% | 20.6x | 6 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $230.09 a share, the company is worth $73.5B: 27.9 times its earnings of the last four quarters.
Ross Stores grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 4 of 4.
Source: SEC EDGAR XBRL filings (CIK 0000745732). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.