Cash flow Ross Stores, Inc.

Equities

ROST

US7782961038

Apparel & Accessories Retailers

Market Closed - Nasdaq Other stock markets 04:00:00 2024-12-05 pm EST			5-day change	1st Jan Change
156.61 ^USD	+1.38%		+1.12%	+13.17%

Dec. 03	US speeds ahead, Europe cruises
Dec. 03	Analyst recommendations: Alphabet, Fedex, Reddit, Block, Goldman Sachs...

28b89693252c084d32b185.9RdmEq90sTRA5YRI_WrSQQD0ya6IeCMuWXqMC1AVDfU.sFw-QJo65UQq1_wrpy6YBWuwopvBMm1rMAPVeRYlZrCkc1RR7QLXQzC_zQ

Published financial data: ROSS STORES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2020	2021	2022	2023	2024
Revenues	16.04B	12.53B	18.92B	18.7B	20.38B
Total Revenues	16.04B	12.53B	18.92B	18.7B	20.38B
Cost of Goods Sold, Total	10.72B	9B	12.83B	13.02B	13.82B
Gross Profit	5.32B	3.53B	6.09B	5.68B	6.56B
Selling General & Admin Expenses, Total	3.17B	3.1B	3.76B	3.69B	4.25B
Other Operating Expenses, Total	3.17B	3.1B	3.76B	3.69B	4.25B
Operating Income	2.15B	430M	2.33B	1.99B	2.31B
Interest Expense, Total	-9.74M	-88.06M	-75.16M	-80.55M	-74.09M
Interest And Investment Income	27.85M	4.65M	833K	77.71M	238M
Net Interest Expenses	18.11M	-83.41M	-74.33M	-2.84M	164M
EBT, Excl. Unusual Items	2.16B	346M	2.26B	1.99B	2.47B
Other Unusual Items	-	-240M	-	-	-
EBT, Incl. Unusual Items	2.16B	106M	2.26B	1.99B	2.47B
Income Tax Expense	503M	20.92M	536M	475M	597M
Earnings From Continuing Operations	1.66B	85.38M	1.72B	1.51B	1.87B
Net Income to Company	1.66B	85.38M	1.72B	1.51B	1.87B
Net Income - (IS)	1.66B	85.38M	1.72B	1.51B	1.87B
Net Income to Common Incl Extra Items	1.66B	85.38M	1.72B	1.51B	1.87B
Net Income to Common Excl. Extra Items	1.66B	85.38M	1.72B	1.51B	1.87B
Per Share Items
Net EPS - Basic	4.63	0.24	4.9	4.4	5.59
Basic EPS - Continuing Operations	4.63	0.24	4.9	4.4	5.59
Basic Weighted Average Shares Outstanding	358M	352M	351M	343M	335M
Net EPS - Diluted	4.6	0.24	4.87	4.38	5.56
Diluted EPS - Continuing Operations	4.6	0.24	4.87	4.38	5.56
Diluted Weighted Average Shares Outstanding	361M	355M	354M	345M	337M
Normalized Basic EPS	3.77	0.61	4.02	3.62	4.61
Normalized Diluted EPS	3.75	0.61	3.99	3.6	4.58
Dividend Per Share	1.05	0.28	1.14	1.24	1.34
Payout Ratio	22.26	118.76	23.52	28.52	24.26
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	2.5B	794M	2.69B	2.38B	2.73B
EBITA	2.15B	430M	2.33B	1.99B	2.31B
EBIT	2.15B	430M	2.33B	1.99B	2.31B
EBITDAR	3.31B	1.64B	3.57B	3.31B	3.71B
Effective Tax Rate - (Ratio)	23.26	19.68	23.73	23.92	24.16
Current Domestic Taxes	471M	48.73M	520M	396M	618M
Total Current Taxes	471M	48.73M	520M	396M	618M
Deferred Domestic Taxes	32.01M	-27.81M	15.78M	79.42M	-20.82M
Total Deferred Taxes	32.01M	-27.81M	15.78M	79.42M	-20.82M
Normalized Net Income	1.35B	216M	1.41B	1.24B	1.54B
Interest Capitalized	4.37M	12.25M	14.48M	5.68M	12.11M
Interest on Long-Term Debt	13.14M	88.54M	88.29M	84.56M	84.6M
Supplemental Operating Expense Items
Advertising Expense	74M	42.5M	65.1M	66.5M	-
Selling and Marketing Expenses	74M	42.5M	65.1M	66.5M	-
Net Rental Expense, Total	814M	841M	881M	928M	980M
Imputed Operating Lease Interest Expense	48.34M	146M	111M	113M	118M
Imputed Operating Lease Depreciation	766M	695M	770M	815M	862M
Stock-Based Comp., COGS (Total)	54.26M	52.27M	66.5M	67.14M	76.3M
Stock-Based Comp., SG&A Exp. (Total)	41.17M	49.3M	67.72M	54.8M	69.19M
Total Stock-Based Compensation	95.44M	102M	134M	122M	145M

Fiscal Period: February	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.35B	4.82B	4.92B	4.55B	4.87B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.35B	4.82B	4.92B	4.55B	4.87B
Accounts Receivable, Total	113M	126M	130M	157M	143M
Total Receivables	113M	126M	130M	157M	143M
Inventory	1.83B	1.51B	2.26B	2.02B	2.19B
Prepaid Expenses	126M	153M	147M	159M	176M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	10.24M	85.71M	11.4M	12.68M	14.49M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	3.43B	6.69B	7.47B	6.9B	7.4B
Gross Property Plant And Equipment	8.76B	9.17B	9.6B	10.31B	11.04B
Accumulated Depreciation	-3.05B	-3.37B	-3.67B	-4.03B	-4.38B
Net Property Plant And Equipment	5.71B	5.8B	5.93B	6.28B	6.66B
Long-term Investments	-	-	-	-	-
Goodwill	-	-	-	-	-
Other Long-Term Assets, Total	208M	230M	241M	232M	243M
Total Assets	9.35B	12.72B	13.64B	13.42B	14.3B
Liabilities
Accounts Payable, Total	1.3B	2.26B	2.37B	2.01B	1.96B
Accrued Expenses, Total	806M	971M	1.18B	895M	1.2B
Current Portion of Long-Term Debt	-	64.91M	-	-	250M
Current Portion of Leases	564M	598M	631M	656M	684M
Current Income Taxes Payable	14.42M	54.68M	10.25M	52.08M	76.37M
Other Current Liabilities	20.9M	21.2M	20.3M	23.1M	23.7M
Total Current Liabilities	2.7B	3.97B	4.21B	3.64B	4.19B
Long-Term Debt	313M	2.45B	2.45B	2.46B	2.21B
Long-Term Leases	2.61B	2.62B	2.54B	2.59B	2.6B
Deferred Tax Liability Non Current	150M	122M	138M	217M	196M
Other Non Current Liabilities	214M	269M	236M	224M	232M
Total Liabilities	5.99B	9.43B	9.58B	9.13B	9.43B
Common Stock, Total	3.57M	3.56M	3.52M	3.43M	3.35M
Additional Paid In Capital	1.46B	1.58B	1.72B	1.82B	1.95B
Retained Earnings	2.33B	2.19B	2.87B	3.05B	3.55B
Treasury Stock	-433M	-479M	-536M	-585M	-633M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	3.36B	3.29B	4.06B	4.29B	4.87B
Total Equity	3.36B	3.29B	4.06B	4.29B	4.87B
Total Liabilities And Equity	9.35B	12.72B	13.64B	13.42B	14.3B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	356M	357M	351M	342M	335M
ECS Total Common Shares Outstanding	343M	357M	352M	343M	335M
Book Value / Share	9.79	9.23	11.54	12.51	14.53
Tangible Book Value	3.36B	3.29B	4.06B	4.29B	4.87B
Tangible Book Value Per Share	9.79	9.23	11.54	12.51	14.53
Total Debt	3.49B	5.73B	5.62B	5.71B	5.75B
Net Debt	2.14B	914M	700M	1.15B	875M
Debt Equivalent Oper. Leases	6.51B	6.73B	7.05B	7.42B	7.84B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	1.83B	1.51B	2.26B	2.02B	2.19B
Land - (BS)	1.18B	1.19B	1.24B	1.5B	1.49B
Machinery, Total	3.12B	3.24B	3.43B	3.96B	4.22B
Full Time Employees	92.5K	93.7K	100K	101K	108K

Fiscal Period: February	2020	2021	2022	2023	2024
Net Income	1.66B	85.38M	1.72B	1.51B	1.87B
Depreciation & Amortization - CF	351M	364M	361M	395M	419M
Depreciation & Amortization, Total	351M	364M	361M	395M	419M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	95.44M	102M	134M	122M	145M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	32.01M	212M	15.78M	79.42M	-20.82M
Change In Inventories	-81.9M	323M	-753M	239M	-169M
Change In Accounts Payable	114M	939M	135M	-365M	-65.33M
Change In Income Taxes	-35.24M	39.81M	-44.58M	33.88M	22.93M
Change in Other Net Operating Assets	35.26M	181M	168M	-326M	307M
Cash from Operations	2.17B	2.25B	1.74B	1.69B	2.51B
Capital Expenditure	-555M	-405M	-558M	-654M	-763M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	517K	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-555M	-405M	-558M	-654M	-763M
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	-	-
Total Debt Repaid	-	-1.58B	-65M	-	-
Issuance of Common Stock	22.21M	23.53M	25.07M	24.7M	24.9M
Repurchase of Common Stock	-1.34B	-178M	-707M	-999M	-999M
Common Dividends Paid	-370M	-101M	-405M	-431M	-455M
Common & Preferred Stock Dividends Paid	-370M	-101M	-405M	-431M	-455M
Other Financing Activities, Total	-	-233M	-	-	-
Cash from Financing	-1.68B	1.7B	-1.15B	-1.41B	-1.43B
Net Change in Cash	-66.67M	3.54B	28.61M	-370M	323M
Supplemental Items
Cash Interest Paid	12.68M	72.47M	84.33M	80.32M	80.32M
Cash Income Tax Paid (Refund)	507M	8.92M	565M	362M	595M
Levered Free Cash Flow	1.26B	1.65B	951M	650M	1.3B
Unlevered Free Cash Flow	1.27B	1.7B	998M	700M	1.34B
Change In Net Working Capital	-37.45M	-1.37B	397M	406M	-99.34M
Net Debt Issued / Repaid	-	2.19B	-65M	-	-

Fiscal Period: February	2020	2021	2022	2023	2024
Profitability
Return on Assets	17.4	2.43	11.06	9.2	10.41
Return on Total Capital	25.63	3.38	15.59	12.64	13.99
Return On Equity %	49.84	2.57	46.87	36.22	40.93
Return on Common Equity	49.84	2.57	46.87	36.22	40.93
Margin Analysis
Gross Profit Margin %	33.15	28.2	32.19	30.37	32.17
SG&A Margin	19.77	24.77	19.85	19.72	20.84
EBITDA Margin %	15.57	6.34	14.24	12.76	13.38
EBITA Margin %	13.38	3.43	12.33	10.65	11.32
EBIT Margin %	13.38	3.43	12.33	10.65	11.32
Income From Continuing Operations Margin %	10.36	0.68	9.11	8.09	9.2
Net Income Margin %	10.36	0.68	9.11	8.09	9.2
Net Avail. For Common Margin %	10.36	0.68	9.11	8.09	9.2
Normalized Net Income Margin	8.43	1.73	7.46	6.64	7.58
Levered Free Cash Flow Margin	7.88	13.16	5.03	3.48	6.37
Unlevered Free Cash Flow Margin	7.92	13.6	5.28	3.75	6.59
Asset Turnover
Asset Turnover	2.08	1.14	1.44	1.38	1.47
Fixed Assets Turnover	3.92	2.18	3.23	3.06	3.15
Receivables Turnover (Average Receivables)	145.91	105	148.06	130.18	135.68
Inventory Turnover (Average Inventory)	5.99	5.39	6.8	6.08	6.56
Short Term Liquidity
Current Ratio	1.27	1.69	1.77	1.9	1.77
Quick Ratio	0.54	1.25	1.2	1.3	1.2
Operating Cash Flow to Current Liabilities	0.8	0.57	0.41	0.46	0.6
Days Sales Outstanding (Average Receivables)	2.49	3.47	2.46	2.8	2.73
Days Outstanding Inventory (Average Inventory)	60.81	67.59	53.51	59.91	56.58
Average Days Payable Outstanding	41.67	74.56	62.04	62.41	52.58
Cash Conversion Cycle (Average Days)	21.64	-3.5	-6.07	0.3	6.73
Long Term Solvency
Total Debt/Equity	103.83	174.22	138.47	133.06	117.99
Total Debt / Total Capital	50.94	63.53	58.07	57.09	54.13
LT Debt/Equity	87.03	154.07	122.94	117.77	98.83
Long-Term Debt / Total Capital	42.7	56.18	51.55	50.53	45.34
Total Liabilities / Total Assets	64.07	74.13	70.23	68.03	65.94
EBIT / Interest Expense	220.35	4.88	31.04	24.71	31.15
EBITDA / Interest Expense	339.94	18.57	47.56	41.13	50.03
(EBITDA - Capex) / Interest Expense	282.91	13.97	40.14	33.01	39.74
Total Debt / EBITDA	1.05	3.51	1.57	1.72	1.55
Net Debt / EBITDA	0.65	0.56	0.2	0.35	0.24
Total Debt / (EBITDA - Capex)	1.27	4.66	1.86	2.15	1.95
Net Debt / (EBITDA - Capex)	0.78	0.74	0.23	0.43	0.3
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.04	-21.87	50.95	-1.17	8.99
Gross Profit, 1 Yr. Growth %	10.15	-33.53	72.27	-6.76	15.46
EBITDA, 1 Yr. Growth %	5.31	-68.2	239.25	-18.7	14.34
EBITA, 1 Yr. Growth %	5.17	-79.98	442.89	-22.64	15.94
EBIT, 1 Yr. Growth %	5.17	-79.98	442.89	-22.64	15.94
Earnings From Cont. Operations, 1 Yr. Growth %	4.63	-94.86	1.92K	-12.22	23.97
Net Income, 1 Yr. Growth %	4.63	-94.86	1.92K	-12.22	23.97
Normalized Net Income, 1 Yr. Growth %	5.53	-84	552.2	-20.45	24.37
Diluted EPS Before Extra, 1 Yr. Growth %	7.98	-94.78	1.93K	-10.06	26.94
Accounts Receivable, 1 Yr. Growth %	5.64	11.36	3.16	21.39	-9.29
Inventory, 1 Yr. Growth %	4.68	-17.65	49.92	-10.55	8.34
Net Property, Plant and Equip., 1 Yr. Growth %	130.58	1.54	2.25	5.97	6.04
Total Assets, 1 Yr. Growth %	53.92	36.04	7.25	-1.64	6.59
Tangible Book Value, 1 Yr. Growth %	1.62	-2.04	23.38	5.63	13.59
Common Equity, 1 Yr. Growth %	1.62	-2.04	23.38	5.63	13.59
Cash From Operations, 1 Yr. Growth %	5.07	3.43	-22.58	-2.85	48.84
Capital Expenditures, 1 Yr. Growth %	34.21	-27.01	37.59	17.25	16.63
Levered Free Cash Flow, 1 Yr. Growth %	-3.88	30.49	-42.33	-40.96	99.62
Unlevered Free Cash Flow, 1 Yr. Growth %	-4.16	34.2	-41.44	-38.99	91.88
Dividend Per Share, 1 Yr. Growth %	12.9	-72.86	300	8.77	8.06
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.52	-8.55	8.6	22.14	3.79
Gross Profit, 2 Yr. CAGR %	7.22	-14.43	7.01	26.74	3.76
EBITDA, 2 Yr. CAGR %