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

Ross Stores (MEX:ROST) Net Margin % : 9.64% (As of Oct. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Ross Stores Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ross Stores's Net Income for the three months ended in Oct. 2024 was MXN9,792 Mil. Ross Stores's Revenue for the three months ended in Oct. 2024 was MXN101,586 Mil. Therefore, Ross Stores's net margin for the quarter that ended in Oct. 2024 was 9.64%.

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

MEX:ROST' s Net Margin % Range Over the Past 10 Years
Min: 0.68   Med: 8.9   Max: 10.59
Current: 9.95


MEX:ROST's Net Margin % is ranked better than
88.14% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 2.25 vs MEX:ROST: 9.95

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 Net Margin % Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.36 0.68 9.11 8.09 9.20

Ross Stores Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.08 10.12 10.04 9.97 9.64

Competitive Comparison of Ross Stores's Net Margin %

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's Net Margin % Distribution in the Retail - Cyclical Industry

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 )
=32197.13/349998.414
=9.20 %

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

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=9791.509/101586.32
=9.64 %

* 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.


Ross Stores  (MEX: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

Thank you for viewing the detailed overview of Ross Stores's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ross Stores Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
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 company 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 often 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 about 350 DD's Discounts chains targeting lower-income shoppers.