Ross Stores (Ross Stores) Net Margin %

: 10.12% (As of Jan. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Ross Stores's Net Income for the three months ended in Jan. 2024 was $610 Mil. Ross Stores's Revenue for the three months ended in Jan. 2024 was $6,023 Mil. Therefore, Ross Stores's net margin for the quarter that ended in Jan. 2024 was 10.12%.

The historical rank and industry rank for Ross Stores's Net Margin % or its related term are showing as below:

ROST' s Net Margin % Range Over the Past 10 Years
Min: 0.68 Med: 8.9 Max: 10.59
Current: 9.2

ROST's Net Margin % is ranked better than
85.29% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 1.97 vs ROST: 9.20

Ross Stores Net Margin % Historical Data

The historical data trend for Ross Stores's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Net Margin %

10.36

0.68

9.11

8.09

9.20

Ross Stores Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Net Margin %																8.57	8.26	9.04	9.08	10.12

Competitive Comparison

For the Apparel Retail subindustry, Ross Stores's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ross Stores Net Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ross Stores's Net Margin % falls into.

Ross Stores Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ross Stores's Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	1874.52	/	20376.941
	=	9.20 %

Ross Stores's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin	=	Net Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	609.683	/	6022.501
	=	10.12 %

Ross Stores (NAS:ROST) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Ross Stores Net Margin % Related Terms

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Ross Stores (Ross Stores) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (NAS:ROST) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

ROST:Mexico RSO:Germany RSO:Germany ROST34:Brazil ROST:Austria ROST:Argentina

Address

5130 Hacienda Drive, Dublin, CA, USA, 94568-7579

Website

https://www.rossstores.com

Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.

Executives

Stephen C Brinkley	officer: PRESIDENT, OPERATIONS	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi	officer: SR VP, CIO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler	director, officer: Chief Executive Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow	officer: President, Merchandising	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn	officer: S.V.P. Chief Financial Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill	officer: SVP, CAO & CORP CONTROLLER	5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos	officer: EVP, Chief Financial Officer	5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth	director, officer: CEO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette	officer: GSVP, Chief Financial Officer	2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton	director	C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda	director
Patricia H Mueller	director	2481 MANANA DRIVE, DALLAS TX 75220