Stocktoria

ROSS STORES, INC. ROST

Nasdaq · stock · Retail-Family Clothing Stores · website · IPO 1985-08-08 · LEI

ROSS STORES, INC. statistics & valuation

P / E31.9×
P / S3.0×
P / B11.1×
P / FCF31.0×
Net margin9.4%
FCF margin9.7%
Net cash$3.1B
Net debt / EBITDA-1×
Enterprise value USD$65.3B
EV / EBITDA20.3×
Earnings yield EBIT/EV4.1%
Return on capital25.3%
Graham number -78.5%$53.26

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($53.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.70% 9.60% 10.60% 10.40% 0.70% 9.10% 8.10% 9.20% 9.90% 9.40% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
10.60% 11.30% 12.20% 11.90% 2017201820192020202120222023202420252026
Return on equity (%)
40.70% 44.70% 48.00% 49.40% 2.60% 42.40% 35.30% 38.50% 37.90% 34.70% 2017201820192020202120222023202420252026
Shares outstanding
395.0M 384.3M 372.7M 361.2M 356.5M 353.7M 345.2M 337.4M 331.0M 324.4M 2017201820192020202120222023202420252026
Net debt ($)
-$715.1M -$893.3M -$1.10B -$1.04B -$2.31B -$2.47B -$2.10B -$2.41B -$2.52B -$3.08B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
21.10% 23.80% 26.10% 17.80% 0.70% 12.60% 11.30% 13.10% 14.00% 13.80% 2017201820192020202120222023202420252026
Free cash flow margin (%)
9.80% 9.30% 11.00% 10.10% 14.70% 6.20% 5.50% 8.60% 7.70% 9.70% 2017201820192020202120222023202420252026
Debt / equity (×)
0.14× 0.13× 0.09× 0.09× 0.76× 0.60× 0.57× 0.51× 0.40× 0.25× 2017201820192020202120222023202420252026
EPS ($)
$2.83 $3.55 $4.26 $4.60 $0.24 $4.87 $4.38 $5.56 $6.32 $6.61 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ROSS STORES, INC. trades at about 37.6× earnings — above its 10-year norm (10-year range 18.8×–486×, median 24.2×).

18.8× 486×

Shaded band = 10-year range (18.8×–486×); dot = today's 37.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin11.9%12.2%11.3%10.6%
Net margin9.4%9.9%9.2%8.1%9.1%0.7%10.4%10.6%9.6%8.7%
FCF margin9.7%7.7%8.6%5.5%6.2%14.7%10.1%11.0%9.3%9.8%
Return on assets13.8%14.0%13.1%11.3%12.6%0.7%17.8%26.1%23.8%21.1%
Return on equity34.7%37.9%38.5%35.3%42.4%2.6%49.4%48.0%44.7%40.7%
Debt / equity0.25×0.40×0.51×0.57×0.60×0.76×0.09×0.09×0.13×0.14×
Current ratio1.581.621.771.901.771.691.271.691.641.61

Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.