Ross Stores (ROST)
Consumer Discretionary · $74.0B market cap · SEC CIK 0000745732
fundamentals score out of 100
Next reports on Nov 18, 2026, with analysts expecting $1.87 in earnings per share.
The case for ROST
- Earns 42% back on shareholder equity.
- Holds more cash ($4.6B) than long-term debt ($1.0B).
- Revenue growing 14.0% year over year.
- Earnings per share up 31.4%.
- A PEG of 0.89: a P/E of 27.8× is low for EPS growing 31%.
- Has compounded revenue at 12.7% a year over five years.
The case against
- Value is weak (35/100): 27.8× earnings, 3.0× sales, 3.0% free-cash yield.
- Weakest against its peers: P/E of 27.8× is higher than 74% of Consumer Discretionary companies.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Consumer Discretionary companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 35 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 74 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 65 |
| Momentumhow the price has behaved lately | 71 |
| Stabilityhow violently it moves, what it owes and what it pays you | 72 |
- Each factor except momentum is half fixed thresholds, half rank among the 48 Consumer Discretionary companies.
Key numbers
| Price / earnings | 27.8× |
|---|---|
| Price / book | 12.03× |
| Price / sales | 3.0× |
| Revenue growth (YoY) | +14.0% |
| EPS growth (YoY) | +31.4% |
| Gross margin | 29% |
| Operating margin | 14% |
| Net margin | 11% |
| Return on equity | 42% |
| Debt / equity | 0.15× |
| Current ratio | 1.61 |
| Dividend yield | 1.02% |
| Beta | 0.87 |
| 52-week range | $143.71 – $257.00 |
| Position in that range | 78% of the way up |
| 3-month return | -0.7% |
| 1-year return | +58.2% |
Five years of financials, as filed
Pulled from Ross Stores's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $22.8B | $21.1B | $20.4B | $18.7B | $18.9B |
| Operating income | $2.7B | $2.6B | $2.3B | $2.0B | — |
| Net income | $2.1B | $2.1B | $1.9B | $1.5B | $1.7B |
| Operating cash flow | $3.0B | $2.4B | $2.5B | $1.7B | $1.7B |
| Capital expenditure | $819M | $720M | $763M | $654M | $558M |
| Total assets | $15.5B | $14.9B | $14.3B | $13.4B | $13.6B |
| Shareholder equity | $6.2B | $5.5B | $4.9B | $4.3B | $4.1B |
| Cash | $4.6B | $4.7B | $4.9B | $4.6B | $4.9B |
| Long-term debt | $1.0B | $1.5B | $2.2B | $2.5B | $2.5B |
| Free cash flow | $2.2B | $1.6B | $1.8B | $1.0B | $1.2B |
| Operating margin | 11.9% | 12.2% | 11.3% | 10.6% | — |
| Net margin | 9.4% | 9.9% | 9.2% | 8.1% | 9.1% |
| Diluted shares | 324M | 331M | 337M | 345M | 354M |
Share count is down 8.3% over 4 years. Buybacks have been shrinking the pie.
What Ross Stores says it does
The following table summarizes the locations of our stores by state/territory as of January 31, 2026 and February 1, 2025. State/Territory January 31, 2026 February 1, 2025 Alabama 30 30 Arizona 96 91 Arkansas 11 11 California 491 476 Colorado 42 43 Connecticut 1 — Delaware 4 4 District of Columbia 2 2 Florida 253 248 Georgia 74 70 Guam 3 3 Hawaii 19 19 Idaho 13 12 Illinois 107 104 Indiana 37 36 Iowa 10 9 Kansas 15 15 Kentucky 19 19 Louisiana 24 24 Maryland 38 35 Michigan 23 16 Minnesota 7 4 Mississippi 13 12 Missouri 32 32 Montana 6 6 Nebraska 10 10 Nevada 44 43 New Jersey 27 22 New Mexico 24 23 New York 12 7 North Carolina 57 56 North Dakota 4 4 Ohio 29 27 Oklahoma 32 31 Oregon 31 31 Pennsylvania 64 64 Puerto Rico 3 — South Carolina 32 32 South Dakota 2 2 Tennessee 46 45 Texas 321 312 Utah 28 27 Virginia 43 44 Washington 49 48 West Virginia 4 4 Wisconsin 31 29 Wyoming 4 4 Total 2,267 2,186 19 Where possible, we obtain sites in…
Risk factors ROST lists in its 10-K
- Costs and expenses (as a percent of sales)
- Operating income (as a percent of sales)
- Interest income, net (as a percent of sales)
- Net earnings (as a percent of sales)
- Selling, general and administrative expenses
- Unrecorded contractual obligations
- Standby letters of credit and collateral trust
- Weighted-average shares outstanding (000)
- Consolidated Statements of Comprehensive Income
- Liabilities and Stockholders’ Equity
- Consolidated Statements of Stockholders’ Equity
- Consolidated Statements of Cash Flows
- Cash Flows From Operating Activities
- Cash Flows From Investing Activities