ROST (Ross Stores) ROCE % : 26.67% (As of Oct. 2024)

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What is Ross Stores ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ross Stores's annualized ROCE % for the quarter that ended in Oct. 2024 was 26.67%.

Ross Stores ROCE % Historical Data

The historical data trend for Ross Stores's ROCE % 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.

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Ross Stores ROCE % Chart

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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40.60

2.52

25.68

21.54

25.59

Ross Stores Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															24.61	32.59	26.54	29.66	26.67

Ross Stores ROCE % Calculation

Ross Stores's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	2545.87	/	( ( (13416.463 - 3636.246)	+	(14300.109 - 4185.796) )	/ 2 )
	=	2545.87	/	( (9780.217	+	10114.313)	/ 2 )
	=	2545.87	/	9947.265
	=	25.59 %

Ross Stores's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	2648.552	/	( ( (14678.021 - 4874.24)	+	(14905.186 - 4843.698) )	/ 2 )
	=	2648.552	/	( ( 9803.781	+	10061.488 )	/ 2 )
	=	2648.552	/	9932.6345
	=	26.67 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

Ross Stores (NAS:ROST) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ross Stores ROCE % Related Terms

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Ross Stores Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ROST:Mexico 0KXO:UK RSO:Germany RSO:Germany RSO:Germany ROST34:Brazil 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 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.

Executives

Michael J. Hartshorn	officer: S.V.P. Chief Financial Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth	director, officer: CEO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler	director, officer: Chief Executive Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Patricia H Mueller	director	2481 MANANA DRIVE, DALLAS TX 75220
Michael K Kobayashi	officer: SR VP, CIO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Larree M Renda	director
Brian R. Morrow	officer: President, Merchandising	5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephen C Brinkley	officer: PRESIDENT, OPERATIONS	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
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