Cash flow Ross Stores, Inc.

Equities

ROST

US7782961038

Apparel & Accessories Retailers

Real-time Estimate Cboe BZX Other stock markets 02:31:54 2026-01-22 pm EST			5-day change	1st Jan Change
187.98 ^USD	-2.26%		-3.19%	+4.14%

Jan. 09	Wells Fargo Adjusts Ross Stores Price Target to $205 From $200, Maintains Overweight Rating	MT
Jan. 09	JPMorgan Adjusts Price Target on Ross Stores to $215 From $200, Maintains Overweight Rating	MT

4313777.pmR7NAAMUz_yzQNamYZp44SAuwoPSZZIV7jIox4uVME.llRJcEVPAxKVlXNr_ug5m9Ozzjp_efF8NOClk0oYHvXsBUNeNVsxS7CccA

Published financial data: ROSS STORES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2021	2022	2023	2024	2025
Revenues	12.53B	18.92B	18.7B	20.38B	21.13B
Total Revenues	12.53B	18.92B	18.7B	20.38B	21.13B
Cost of Goods Sold, Total	9B	12.83B	13.02B	13.82B	14.21B
Gross Profit	3.53B	6.09B	5.68B	6.56B	6.92B
Selling General & Admin Expenses, Total	3.1B	3.76B	3.69B	4.25B	4.33B
Other Operating Expenses, Total	3.1B	3.76B	3.69B	4.25B	4.33B
Operating Income	430M	2.33B	1.99B	2.31B	2.59B
Interest Expense, Total	-88.06M	-75.16M	-80.55M	-74.09M	-63.39M
Interest And Investment Income	4.65M	833K	77.71M	238M	235M
Net Interest Expenses	-83.41M	-74.33M	-2.84M	164M	172M
EBT, Excl. Unusual Items	346M	2.26B	1.99B	2.47B	2.76B
Other Unusual Items	-240M	-	-	-	-
EBT, Incl. Unusual Items	106M	2.26B	1.99B	2.47B	2.76B
Income Tax Expense	20.92M	536M	475M	597M	666M
Earnings From Continuing Operations	85.38M	1.72B	1.51B	1.87B	2.09B
Net Income to Company	85.38M	1.72B	1.51B	1.87B	2.09B
Net Income - (IS)	85.38M	1.72B	1.51B	1.87B	2.09B
Net Income to Common Incl Extra Items	85.38M	1.72B	1.51B	1.87B	2.09B
Net Income to Common Excl. Extra Items	85.38M	1.72B	1.51B	1.87B	2.09B
Per Share Items
Net EPS - Basic	0.24	4.9	4.4	5.59	6.36
Basic EPS - Continuing Operations	0.24	4.9	4.4	5.59	6.36
Basic Weighted Average Shares Outstanding	352M	351M	343M	335M	329M
Net EPS - Diluted	0.24	4.87	4.38	5.56	6.32
Diluted EPS - Continuing Operations	0.24	4.87	4.38	5.56	6.32
Diluted Weighted Average Shares Outstanding	355M	354M	345M	337M	331M
Normalized Basic EPS	0.61	4.02	3.62	4.61	5.24
Normalized Diluted EPS	0.61	3.99	3.6	4.58	5.21
Dividend Per Share	0.28	1.14	1.24	1.34	1.47
Payout Ratio	118.76	23.52	28.52	24.26	23.38
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	794M	2.69B	2.38B	2.73B	3.03B
EBITA	430M	2.33B	1.99B	2.31B	2.59B
EBIT	430M	2.33B	1.99B	2.31B	2.59B
EBITDAR	1.64B	3.57B	3.31B	3.71B	4.08B
Effective Tax Rate - (Ratio)	19.68	23.73	23.92	24.16	24.17
Current Domestic Taxes	48.73M	520M	396M	618M	676M
Total Current Taxes	48.73M	520M	396M	618M	676M
Deferred Domestic Taxes	-27.81M	15.78M	79.42M	-20.82M	-9.2M
Total Deferred Taxes	-27.81M	15.78M	79.42M	-20.82M	-9.2M
Normalized Net Income	216M	1.41B	1.24B	1.54B	1.72B
Interest Capitalized	12.25M	14.48M	5.68M	12.11M	19.45M
Interest on Long-Term Debt	88.54M	88.29M	84.56M	84.6M	81.26M
Supplemental Operating Expense Items
Advertising Expense	42.5M	65.1M	66.5M	-	70.2M
Selling and Marketing Expenses	42.5M	65.1M	66.5M	-	70.2M
Net Rental Expense, Total	841M	881M	928M	980M	1.05B
Imputed Operating Lease Interest Expense	146M	111M	113M	118M	121M
Imputed Operating Lease Depreciation	695M	770M	815M	862M	926M
Stock-Based Comp., COGS (Total)	52.27M	66.5M	67.14M	76.3M	73.9M
Stock-Based Comp., SG&A Exp. (Total)	49.3M	67.72M	54.8M	69.19M	82.4M
Total Stock-Based Compensation	102M	134M	122M	145M	156M

Fiscal Period: February	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	4.82B	4.92B	4.55B	4.87B	4.73B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	4.82B	4.92B	4.55B	4.87B	4.73B
Accounts Receivable, Total	126M	130M	157M	143M	157M
Total Receivables	126M	130M	157M	143M	157M
Inventory	1.51B	2.26B	2.02B	2.19B	2.44B
Prepaid Expenses	153M	147M	159M	176M	189M
Restricted Cash	85.71M	11.4M	12.68M	14.49M	17.09M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	6.69B	7.47B	6.9B	7.4B	7.54B
Gross Property Plant And Equipment	9.17B	9.6B	10.31B	11.04B	11.82B
Accumulated Depreciation	-3.37B	-3.67B	-4.03B	-4.38B	-4.73B
Net Property Plant And Equipment	5.8B	5.93B	6.28B	6.66B	7.09B
Long-term Investments	-	-	-	-	-
Other Long-Term Assets, Total	230M	241M	232M	243M	279M
Total Assets	12.72B	13.64B	13.42B	14.3B	14.91B
Liabilities
Accounts Payable, Total	2.26B	2.37B	2.01B	1.96B	2.13B
Accrued Expenses, Total	971M	1.18B	895M	1.2B	1.06B
Current Portion of Long-Term Debt	64.91M	-	-	250M	700M
Current Portion of Leases	598M	631M	656M	684M	703M
Current Income Taxes Payable	54.68M	10.25M	52.08M	76.37M	43.67M
Other Current Liabilities	21.2M	20.3M	23.1M	23.7M	24.1M
Total Current Liabilities	3.97B	4.21B	3.64B	4.19B	4.66B
Long-Term Debt	2.45B	2.45B	2.46B	2.21B	1.52B
Long-Term Leases	2.62B	2.54B	2.59B	2.6B	2.76B
Deferred Tax Liability Non Current	122M	138M	217M	196M	187M
Other Non Current Liabilities	269M	236M	224M	232M	268M
Total Liabilities	9.43B	9.58B	9.13B	9.43B	9.4B
Common Stock, Total	3.56M	3.52M	3.43M	3.35M	3.29M
Additional Paid In Capital	1.58B	1.72B	1.82B	1.95B	2.1B
Retained Earnings	2.19B	2.87B	3.05B	3.55B	4.13B
Treasury Stock	-479M	-536M	-585M	-633M	-719M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	3.29B	4.06B	4.29B	4.87B	5.51B
Total Equity	3.29B	4.06B	4.29B	4.87B	5.51B
Total Liabilities And Equity	12.72B	13.64B	13.42B	14.3B	14.91B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	357M	351M	342M	335M	329M
ECS Total Common Shares Outstanding	357M	352M	343M	335M	329M
Book Value / Share	9.23	11.54	12.51	14.53	16.75
Tangible Book Value	3.29B	4.06B	4.29B	4.87B	5.51B
Tangible Book Value Per Share	9.23	11.54	12.51	14.53	16.75
Total Debt	5.73B	5.62B	5.71B	5.75B	5.68B
Net Debt	914M	700M	1.15B	875M	952M
Debt Equivalent Oper. Leases	6.73B	7.05B	7.42B	7.84B	8.38B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	1.51B	2.26B	2.02B	2.19B	2.44B
Land - (BS)	1.19B	1.24B	1.5B	1.49B	1.49B
Machinery, Total	3.24B	3.43B	3.96B	4.22B	4.52B
Full Time Employees	93.7K	100K	101K	108K	107K

Fiscal Period: February	2021	2022	2023	2024	2025
Net Income	85.38M	1.72B	1.51B	1.87B	2.09B
Depreciation & Amortization - CF	364M	361M	395M	419M	447M
Depreciation & Amortization, Total	364M	361M	395M	419M	447M
(Gain) Loss From Sale Of Asset	-	-	-	-	-61.58M
Stock-Based Compensation (CF)	102M	134M	122M	145M	156M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	212M	15.78M	79.42M	-20.82M	-9.2M
Change In Inventories	323M	-753M	239M	-169M	-252M
Change In Accounts Payable	939M	135M	-365M	-65.33M	155M
Change In Income Taxes	39.81M	-44.58M	33.88M	22.93M	-27.46M
Change in Other Net Operating Assets	181M	168M	-326M	307M	-141M
Cash from Operations	2.25B	1.74B	1.69B	2.51B	2.36B
Capital Expenditure	-405M	-558M	-654M	-763M	-720M
Sale of Property, Plant, and Equipment	-	-	-	-	82.64M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-405M	-558M	-654M	-763M	-637M
Short Term Debt Issued, Total	806M	-	-	-	-
Long-Term Debt Issued, Total	2.97B	-	-	-	-
Total Debt Issued	3.77B	-	-	-	-
Short Term Debt Repaid, Total	-806M	-	-	-	-
Long-Term Debt Repaid, Total	-775M	-65M	-	-	-250M
Total Debt Repaid	-1.58B	-65M	-	-	-250M
Issuance of Common Stock	23.53M	25.07M	24.7M	24.9M	25.08M
Repurchase of Common Stock	-178M	-707M	-999M	-999M	-1.14B
Common Dividends Paid	-101M	-405M	-431M	-455M	-489M
Common & Preferred Stock Dividends Paid	-101M	-405M	-431M	-455M	-489M
Other Financing Activities, Total	-233M	-	-	-	-
Cash from Financing	1.7B	-1.15B	-1.41B	-1.43B	-1.86B
Net Change in Cash	3.54B	28.61M	-370M	323M	-139M
Supplemental Items
Cash Interest Paid	72.47M	84.33M	80.32M	80.32M	80.32M
Cash Income Tax Paid (Refund)	8.92M	565M	362M	595M	703M
Levered Free Cash Flow	1.65B	951M	650M	1.3B	1.18B
Unlevered Free Cash Flow	1.7B	998M	700M	1.34B	1.22B
Change In Net Working Capital	-1.37B	397M	406M	-99.34M	276M
Net Debt Issued / Repaid	2.19B	-65M	-	-	-250M

Fiscal Period: February	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.43	11.06	9.2	10.41	11.07
Return on Total Capital	3.38	15.59	12.64	13.99	14.82
Return On Equity %	2.57	46.87	36.22	40.93	40.28
Return on Common Equity	2.57	46.87	36.22	40.93	40.28
Margin Analysis
Gross Profit Margin %	28.2	32.19	30.37	32.17	32.73
SG&A Margin	24.77	19.85	19.72	20.84	20.49
EBITDA Margin %	6.34	14.24	12.76	13.38	14.35
EBITA Margin %	3.43	12.33	10.65	11.32	12.24
EBIT Margin %	3.43	12.33	10.65	11.32	12.24
Income From Continuing Operations Margin %	0.68	9.11	8.09	9.2	9.89
Net Income Margin %	0.68	9.11	8.09	9.2	9.89
Net Avail. For Common Margin %	0.68	9.11	8.09	9.2	9.89
Normalized Net Income Margin	1.73	7.46	6.64	7.58	8.16
Levered Free Cash Flow Margin	13.16	5.03	3.48	6.37	5.6
Unlevered Free Cash Flow Margin	13.6	5.28	3.75	6.59	5.79
Asset Turnover
Asset Turnover	1.14	1.44	1.38	1.47	1.45
Fixed Assets Turnover	2.18	3.23	3.06	3.15	3.07
Receivables Turnover (Average Receivables)	105	148.06	130.18	135.68	140.98
Inventory Turnover (Average Inventory)	5.39	6.8	6.08	6.56	6.13
Short Term Liquidity
Current Ratio	1.69	1.77	1.9	1.77	1.62
Quick Ratio	1.25	1.2	1.3	1.2	1.05
Operating Cash Flow to Current Liabilities	0.57	0.41	0.46	0.6	0.51
Days Sales Outstanding (Average Receivables)	3.47	2.46	2.8	2.73	2.58
Days Outstanding Inventory (Average Inventory)	67.59	53.51	59.91	56.58	59.37
Average Days Payable Outstanding	74.56	62.04	62.41	52.58	51.36
Cash Conversion Cycle (Average Days)	-3.5	-6.07	0.3	6.73	10.59
Long Term Solvency
Total Debt/Equity	174.22	138.47	133.06	117.99	103.14
Total Debt / Total Capital	63.53	58.07	57.09	54.13	50.77
LT Debt/Equity	154.07	122.94	117.77	98.83	77.68
Long-Term Debt / Total Capital	56.18	51.55	50.53	45.34	38.24
Total Liabilities / Total Assets	74.13	70.23	68.03	65.94	63.04
EBIT / Interest Expense	4.88	31.04	24.71	31.15	40.79
EBITDA / Interest Expense	18.57	47.56	41.13	50.03	64.36
(EBITDA - Capex) / Interest Expense	13.97	40.14	33.01	39.74	53
Total Debt / EBITDA	3.51	1.57	1.72	1.55	1.39
Net Debt / EBITDA	0.56	0.2	0.35	0.24	0.23
Total Debt / (EBITDA - Capex)	4.66	1.86	2.15	1.95	1.69
Net Debt / (EBITDA - Capex)	0.74	0.23	0.43	0.3	0.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-21.87	50.95	-1.17	8.99	3.69
Gross Profit, 1 Yr. Growth %	-33.53	72.27	-6.76	15.46	5.5
EBITDA, 1 Yr. Growth %	-68.2	239.25	-18.7	14.34	11.19
EBITA, 1 Yr. Growth %	-79.98	442.89	-22.64	15.94	12.04
EBIT, 1 Yr. Growth %	-79.98	442.89	-22.64	15.94	12.04
Earnings From Cont. Operations, 1 Yr. Growth %	-94.86	1.92K	-12.22	23.97	11.53
Net Income, 1 Yr. Growth %	-94.86	1.92K	-12.22	23.97	11.53
Normalized Net Income, 1 Yr. Growth %	-84	552.2	-20.45	24.37	11.55
Diluted EPS Before Extra, 1 Yr. Growth %	-94.78	1.93K	-10.06	26.94	13.67
Accounts Receivable, 1 Yr. Growth %	11.36	3.16	21.39	-9.29	9.81
Inventory, 1 Yr. Growth %	-17.65	49.92	-10.55	8.34	11.51
Net Property, Plant and Equip., 1 Yr. Growth %	1.54	2.25	5.97	6.04	6.44
Total Assets, 1 Yr. Growth %	36.04	7.25	-1.64	6.59	4.23
Tangible Book Value, 1 Yr. Growth %	-2.04	23.38	5.63	13.59	13.09
Common Equity, 1 Yr. Growth %	-2.04	23.38	5.63	13.59	13.09
Cash From Operations, 1 Yr. Growth %	3.43	-22.58	-2.85	48.84	-6.26
Capital Expenditures, 1 Yr. Growth %	-27.01	37.59	17.25	16.63	-5.6
Levered Free Cash Flow, 1 Yr. Growth %	30.49	-42.33	-40.96	99.62	-8.79
Unlevered Free Cash Flow, 1 Yr. Growth %	34.2	-41.44	-38.99	91.88	-8.98
Dividend Per Share, 1 Yr. Growth %	-72.86	300	8.77	8.06	9.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.55	8.6	22.14	3.79	6.31
Gross Profit, 2 Yr. CAGR %	-14.43	7.01	26.74	3.76	10.37
EBITDA, 2 Yr. CAGR %	-42.13	3.86	107.49	0.62	12.76
EBITA, 2 Yr. CAGR %	-54.11	4.26	223.9	-0.54	13.98
EBIT, 2 Yr. CAGR %	-54.11	4.26	223.9	-0.54	13.98
Earnings From Cont. Operations, 2 Yr. CAGR %	-76.81	1.84	320.82	4.32	17.59
Net Income, 2 Yr. CAGR %	-76.81	1.84	320.82	4.32	17.59
Normalized Net Income, 2 Yr. CAGR %	-58.91	2.15	332.41	4.61	17.78
Diluted EPS Before Extra, 2 Yr. CAGR %	-76.26	2.89	327.2	6.85	20.12
Accounts Receivable, 2 Yr. CAGR %	8.46	7.18	11.9	4.93	-0.19
Inventory, 2 Yr. CAGR %	-7.15	11.11	15.8	-1.56	9.91
Net Property, Plant and Equip., 2 Yr. CAGR %	53.01	1.9	4.09	6	6.24
Total Assets, 2 Yr. CAGR %	44.7	20.79	2.71	2.39	5.4
Tangible Book Value, 2 Yr. CAGR %	-0.23	9.94	14.16	9.54	13.34
Common Equity, 2 Yr. CAGR %	-0.23	9.94	14.16	9.54	13.34
Cash From Operations, 2 Yr. CAGR %	4.25	-10.52	-13.27	20.25	18.12
Capital Expenditures, 2 Yr. CAGR %	-1.03	0.21	27.01	16.94	4.93
Levered Free Cash Flow, 2 Yr. CAGR %	12	-13.25	-34.15	16.81	34.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	13.41	-11.35	-32.87	16.04	32.15
Dividend Per Share, 2 Yr. CAGR %	-44.64	4.2	108.59	8.42	8.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.93	8.08	5.24	17.59	3.76
Gross Profit, 3 Yr. CAGR %	-8.57	8.05	2.21	22.86	4.34
EBITDA, 3 Yr. CAGR %	-30.47	4.34	-1.52	70.11	4.03
EBITA, 3 Yr. CAGR %	-40.58	4.56	-2.48	129.98	3.49
EBIT, 3 Yr. CAGR %	-40.58	4.56	-2.48	129.98	3.49
Earnings From Cont. Operations, 3 Yr. CAGR %	-60.28	2.76	-3.08	180.01	6.67
Net Income, 3 Yr. CAGR %	-60.28	2.76	-3.08	180.01	6.67
Normalized Net Income, 3 Yr. CAGR %	-44.64	3.27	-2.8	185.43	6.88
Diluted EPS Before Extra, 3 Yr. CAGR %	-59.26	4.56	-1.62	185.07	9.08
Accounts Receivable, 3 Yr. CAGR %	12.7	6.67	11.72	4.34	6.53
Inventory, 3 Yr. CAGR %	-2.77	8.93	3.36	13.26	2.62
Net Property, Plant and Equip., 3 Yr. CAGR %	34.49	33.78	3.24	4.74	6.15
Total Assets, 3 Yr. CAGR %	30.5	30.96	12.8	3.99	3
Tangible Book Value, 3 Yr. CAGR %	2.57	7.09	8.48	13.97	10.71
Common Equity, 3 Yr. CAGR %	2.57	7.09	8.48	13.97	10.71
Cash From Operations, 3 Yr. CAGR %	10.13	-5.59	-8.03	3.84	10.67
Capital Expenditures, 3 Yr. CAGR %	2.96	10.46	5.6	23.45	8.88
Levered Free Cash Flow, 3 Yr. CAGR %	10.33	-10.23	-19.88	-4.7	7.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	11.19	-9.01	-17.99	-4.73	7.02
Dividend Per Share, 3 Yr. CAGR %	-26.06	7.02	5.7	67.53	8.84
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.97	8.01	5.75	6.34	5.67
Gross Profit, 5 Yr. CAGR %	-1.63	7.72	4.19	6.31	5.4
EBITDA, 5 Yr. CAGR %	-16.01	5.05	0.2	2.84	3.96
EBITA, 5 Yr. CAGR %	-23.35	5.29	-0.57	2.49	3.8
EBIT, 5 Yr. CAGR %	-23.35	5.29	-0.57	2.49	3.8
Earnings From Cont. Operations, 5 Yr. CAGR %	-39.12	9.04	2.1	3.38	4.71
Net Income, 5 Yr. CAGR %	-39.12	9.04	2.1	3.38	4.71
Normalized Net Income, 5 Yr. CAGR %	-26.48	4.8	-0.53	3.8	4.96
Diluted EPS Before Extra, 5 Yr. CAGR %	-37.47	11.47	4.29	5.47	6.56
Accounts Receivable, 5 Yr. CAGR %	11.3	11.54	12.38	5.97	6.79
Inventory, 5 Yr. CAGR %	1.24	8.38	4.27	4.6	5.93
Net Property, Plant and Equip., 5 Yr. CAGR %	19.86	20.55	21.39	21.89	4.43
Total Assets, 5 Yr. CAGR %	21.17	20.77	18.58	18.68	9.78
Tangible Book Value, 5 Yr. CAGR %	5.89	8.12	7.06	8.06	10.4
Common Equity, 5 Yr. CAGR %	5.89	8.12	7.06	8.06	10.4
Cash From Operations, 5 Yr. CAGR %	11.11	2.21	0.1	4	1.65
Capital Expenditures, 5 Yr. CAGR %	2.01	13.37	11.98	13.01	5.33
Levered Free Cash Flow, 5 Yr. CAGR %	13.56	-5.33	-11.94	-0.26	-1.3
Unlevered Free Cash Flow, 5 Yr. CAGR %	14.09	-4.6	-10.79	0.28	-0.75
Dividend Per Share, 5 Yr. CAGR %	-10.18	15.07	11.96	7.58	6.96