Cash flow Ross Stores, Inc.

Equities

ROST

US7782961038

Apparel & Accessories Retailers

Market Closed - Nasdaq Other stock markets 04:00:00 06/06/2026 HKT			5-day change	1st Jan Change
230.37 ^USD	-1.15%		-0.59%	+27.88%

06-02	Softline Retailers Likely to Benefit From US Data Center Boom, UBS Says	MT
05-24	Wall Street up ahead of Memorial Day, buoyed by earnings and easing crude prices

17e5bb1cba0dcf.TUunWvAiGz-PiEhLkw2kWgO5nEapYJ5qNz8-uSMsmWY.AnvMAKVpfAe8vgE75Xj8a0vQxQ3oE6wyVGlo1EpNrlF5c8oypFdUT9XnEQ

Published financial data: ROSS STORES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2022	2023	2024	2025	2026
Revenues	18.92B	18.7B	20.38B	21.13B	22.75B
Total Revenues	18.92B	18.7B	20.38B	21.13B	22.75B
Cost of Goods Sold, Total	12.83B	13.02B	13.82B	14.21B	15.34B
Gross Profit	6.09B	5.68B	6.56B	6.92B	7.41B
Selling General & Admin Expenses, Total	3.76B	3.69B	4.25B	4.33B	4.7B
Other Operating Expenses, Total	3.76B	3.69B	4.25B	4.33B	4.7B
Operating Income	2.33B	1.99B	2.31B	2.59B	2.71B
Interest Expense, Total	-75.16M	-80.55M	-74.09M	-63.39M	-37.94M
Interest And Investment Income	833K	77.71M	238M	235M	173M
Net Interest Expenses	-74.33M	-2.84M	164M	172M	135M
EBT, Excl. Unusual Items	2.26B	1.99B	2.47B	2.76B	2.84B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.26B	1.99B	2.47B	2.76B	2.84B
Income Tax Expense	536M	475M	597M	666M	697M
Earnings From Continuing Operations	1.72B	1.51B	1.87B	2.09B	2.15B
Net Income to Company	1.72B	1.51B	1.87B	2.09B	2.15B
Net Income - (IS)	1.72B	1.51B	1.87B	2.09B	2.15B
Net Income to Common Incl Extra Items	1.72B	1.51B	1.87B	2.09B	2.15B
Net Income to Common Excl. Extra Items	1.72B	1.51B	1.87B	2.09B	2.15B
Per Share Items
Net EPS - Basic	4.9	4.4	5.59	6.36	6.66
Basic EPS - Continuing Operations	4.9	4.4	5.59	6.36	6.66
Basic Weighted Average Shares Outstanding	351M	343M	335M	329M	322M
Net EPS - Diluted	4.87	4.38	5.56	6.32	6.61
Diluted EPS - Continuing Operations	4.87	4.38	5.56	6.32	6.61
Diluted Weighted Average Shares Outstanding	354M	345M	337M	331M	324M
Normalized Basic EPS	4.02	3.62	4.61	5.24	5.51
Normalized Diluted EPS	3.99	3.6	4.58	5.21	5.48
Dividend Per Share	1.14	1.24	1.34	1.47	1.62
Payout Ratio	23.52	28.52	24.26	23.38	24.62
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	2.69B	2.38B	2.73B	3.03B	3.22B
EBITA	2.33B	1.99B	2.31B	2.59B	2.71B
EBIT	2.33B	1.99B	2.31B	2.59B	2.71B
EBITDAR	3.57B	3.31B	3.71B	4.08B	4.32B
Effective Tax Rate - (Ratio)	23.73	23.92	24.16	24.17	24.53
Current Domestic Taxes	520M	396M	618M	676M	623M
Total Current Taxes	520M	396M	618M	676M	623M
Deferred Domestic Taxes	15.78M	79.42M	-20.82M	-9.2M	74.39M
Total Deferred Taxes	15.78M	79.42M	-20.82M	-9.2M	74.39M
Normalized Net Income	1.41B	1.24B	1.54B	1.72B	1.78B
Interest Capitalized	14.48M	5.68M	12.11M	19.45M	12.75M
Interest on Long-Term Debt	88.29M	84.56M	84.6M	81.26M	49.14M
Supplemental Operating Expense Items
Advertising Expense	65.1M	66.5M	-	70.2M	82M
Selling and Marketing Expenses	65.1M	66.5M	-	70.2M	82M
Net Rental Expense, Total	881M	928M	980M	1.05B	1.1B
Imputed Operating Lease Interest Expense	111M	113M	118M	121M	82.23M
Imputed Operating Lease Depreciation	770M	815M	862M	926M	1.02B
Stock-Based Comp., COGS (Total)	66.5M	67.14M	76.3M	73.9M	73.51M
Stock-Based Comp., SG&A Exp. (Total)	67.72M	54.8M	69.19M	82.4M	102M
Total Stock-Based Compensation	134M	122M	145M	156M	175M

Fiscal Period: January	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	4.92B	4.55B	4.87B	4.73B	4.59B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	4.92B	4.55B	4.87B	4.73B	4.59B
Accounts Receivable, Total	130M	157M	143M	157M	194M
Total Receivables	130M	157M	143M	157M	194M
Inventory	2.26B	2.02B	2.19B	2.44B	2.63B
Prepaid Expenses	147M	159M	176M	189M	200M
Restricted Cash	11.4M	12.68M	14.49M	17.09M	20.95M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	7.47B	6.9B	7.4B	7.54B	7.64B
Gross Property Plant And Equipment	9.6B	10.31B	11.04B	11.82B	12.75B
Accumulated Depreciation	-3.67B	-4.03B	-4.38B	-4.73B	-5.14B
Net Property Plant And Equipment	5.93B	6.28B	6.66B	7.09B	7.61B
Long-term Investments	-	-	-	-	-
Other Long-Term Assets, Total	241M	232M	243M	279M	300M
Total Assets	13.64B	13.42B	14.3B	14.91B	15.55B
Liabilities
Accounts Payable, Total	2.37B	2.01B	1.96B	2.13B	2.39B
Accrued Expenses, Total	1.18B	895M	1.2B	1.06B	1.13B
Current Portion of Long-Term Debt	-	-	250M	700M	500M
Current Portion of Leases	631M	656M	684M	703M	728M
Current Income Taxes Payable	10.25M	52.08M	76.37M	43.67M	61.78M
Other Current Liabilities	20.3M	23.1M	23.7M	24.1M	25.2M
Total Current Liabilities	4.21B	3.64B	4.19B	4.66B	4.83B
Long-Term Debt	2.45B	2.46B	2.21B	1.52B	1.02B
Long-Term Leases	2.54B	2.59B	2.6B	2.76B	2.97B
Deferred Tax Liability Non Current	138M	217M	196M	187M	261M
Other Non Current Liabilities	236M	224M	232M	268M	288M
Total Liabilities	9.58B	9.13B	9.43B	9.4B	9.36B
Common Stock, Total	3.52M	3.43M	3.35M	3.29M	3.22M
Additional Paid In Capital	1.72B	1.82B	1.95B	2.1B	2.26B
Retained Earnings	2.87B	3.05B	3.55B	4.13B	4.73B
Treasury Stock	-536M	-585M	-633M	-719M	-799M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	4.06B	4.29B	4.87B	5.51B	6.19B
Total Equity	4.06B	4.29B	4.87B	5.51B	6.19B
Total Liabilities And Equity	13.64B	13.42B	14.3B	14.91B	15.55B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	351M	342M	335M	329M	322M
ECS Total Common Shares Outstanding	352M	343M	335M	329M	322M
Book Value / Share	11.54	12.51	14.53	16.75	19.2
Tangible Book Value	4.06B	4.29B	4.87B	5.51B	6.19B
Tangible Book Value Per Share	11.54	12.51	14.53	16.75	19.2
Total Debt	5.62B	5.71B	5.75B	5.68B	5.21B
Net Debt	700M	1.15B	875M	952M	618M
Debt Equivalent Oper. Leases	7.05B	7.42B	7.84B	8.38B	8.84B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	2.26B	2.02B	2.19B	2.44B	2.63B
Land - (BS)	1.24B	1.5B	1.49B	1.49B	1.84B
Machinery, Total	3.43B	3.96B	4.22B	4.52B	5.06B
Full Time Employees	100K	101K	108K	107K	111K

Fiscal Period: January	2022	2023	2024	2025	2026
Net Income	1.72B	1.51B	1.87B	2.09B	2.15B
Depreciation & Amortization - CF	361M	395M	419M	447M	509M
Depreciation & Amortization, Total	361M	395M	419M	447M	509M
(Gain) Loss From Sale Of Asset	-	-	-	-61.58M	-
Stock-Based Compensation (CF)	134M	122M	145M	156M	175M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	15.78M	79.42M	-20.82M	-9.2M	74.39M
Change In Inventories	-753M	239M	-169M	-252M	-186M
Change In Accounts Payable	135M	-365M	-65.33M	155M	285M
Change In Income Taxes	-44.58M	33.88M	22.93M	-27.46M	17.16M
Change in Other Net Operating Assets	168M	-326M	307M	-141M	6.76M
Cash from Operations	1.74B	1.69B	2.51B	2.36B	3.03B
Capital Expenditure	-558M	-654M	-763M	-720M	-819M
Sale of Property, Plant, and Equipment	-	-	-	82.64M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-558M	-654M	-763M	-637M	-819M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-65M	-	-	-250M	-700M
Total Debt Repaid	-65M	-	-	-250M	-700M
Issuance of Common Stock	25.07M	24.7M	24.9M	25.08M	25.33M
Repurchase of Common Stock	-707M	-999M	-999M	-1.14B	-1.14B
Common Dividends Paid	-405M	-431M	-455M	-489M	-528M
Common & Preferred Stock Dividends Paid	-405M	-431M	-455M	-489M	-528M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-1.15B	-1.41B	-1.43B	-1.86B	-2.34B
Net Change in Cash	28.61M	-370M	323M	-139M	-134M
Supplemental Items
Cash Interest Paid	84.33M	80.32M	80.32M	80.32M	55.78M
Cash Income Tax Paid (Refund)	565M	362M	595M	703M	606M
Levered Free Cash Flow	951M	650M	1.3B	1.18B	1.64B
Unlevered Free Cash Flow	998M	700M	1.34B	1.22B	1.66B
Change In Net Working Capital	397M	406M	-99.34M	276M	-103M
Net Debt Issued / Repaid	-65M	-	-	-250M	-700M

Fiscal Period: January	2022	2023	2024	2025	2026
Profitability
Return on Assets	11.06	9.2	10.41	11.07	11.11
Return on Total Capital	15.59	12.64	13.99	14.82	14.98
Return On Equity %	46.87	36.22	40.93	40.28	36.68
Return on Common Equity	46.87	36.22	40.93	40.28	36.68
Margin Analysis
Gross Profit Margin %	32.19	30.37	32.17	32.73	32.56
SG&A Margin	19.85	19.72	20.84	20.49	20.66
EBITDA Margin %	14.24	12.76	13.38	14.35	14.14
EBITA Margin %	12.33	10.65	11.32	12.24	11.9
EBIT Margin %	12.33	10.65	11.32	12.24	11.9
Income From Continuing Operations Margin %	9.11	8.09	9.2	9.89	9.43
Net Income Margin %	9.11	8.09	9.2	9.89	9.43
Net Avail. For Common Margin %	9.11	8.09	9.2	9.89	9.43
Normalized Net Income Margin	7.46	6.64	7.58	8.16	7.81
Levered Free Cash Flow Margin	5.03	3.48	6.37	5.6	7.2
Unlevered Free Cash Flow Margin	5.28	3.75	6.59	5.79	7.3
Asset Turnover
Asset Turnover	1.44	1.38	1.47	1.45	1.49
Fixed Assets Turnover	3.23	3.06	3.15	3.07	3.1
Receivables Turnover (Average Receivables)	148.06	130.18	135.68	140.98	129.64
Inventory Turnover (Average Inventory)	6.8	6.08	6.56	6.13	6.05
Short Term Liquidity
Current Ratio	1.77	1.9	1.77	1.62	1.58
Quick Ratio	1.2	1.3	1.2	1.05	0.99
Operating Cash Flow to Current Liabilities	0.41	0.46	0.6	0.51	0.63
Days Sales Outstanding (Average Receivables)	2.46	2.8	2.73	2.58	2.81
Days Outstanding Inventory (Average Inventory)	53.51	59.91	56.58	59.37	60.21
Average Days Payable Outstanding	62.04	62.41	52.58	51.36	52.89
Cash Conversion Cycle (Average Days)	-6.07	0.3	6.73	10.59	10.13
Long Term Solvency
Total Debt/Equity	138.47	133.06	117.99	103.14	84.24
Total Debt / Total Capital	58.07	57.09	54.13	50.77	45.72
LT Debt/Equity	122.94	117.77	98.83	77.68	64.4
Long-Term Debt / Total Capital	51.55	50.53	45.34	38.24	34.95
Total Liabilities / Total Assets	70.23	68.03	65.94	63.04	60.21
EBIT / Interest Expense	31.04	24.71	31.15	40.79	71.36
EBITDA / Interest Expense	47.56	41.13	50.03	64.36	113.9
(EBITDA - Capex) / Interest Expense	40.14	33.01	39.74	53	92.3
Total Debt / EBITDA	1.57	1.72	1.55	1.39	1.21
Net Debt / EBITDA	0.2	0.35	0.24	0.23	0.14
Total Debt / (EBITDA - Capex)	1.86	2.15	1.95	1.69	1.49
Net Debt / (EBITDA - Capex)	0.23	0.43	0.3	0.28	0.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	50.95	-1.17	8.99	3.69	7.67
Gross Profit, 1 Yr. Growth %	72.27	-6.76	15.46	5.5	7.12
EBITDA, 1 Yr. Growth %	239.25	-18.7	14.34	11.19	6.08
EBITA, 1 Yr. Growth %	442.89	-22.64	15.94	12.04	4.71
EBIT, 1 Yr. Growth %	442.89	-22.64	15.94	12.04	4.71
Earnings From Cont. Operations, 1 Yr. Growth %	1.92K	-12.22	23.97	11.53	2.6
Net Income, 1 Yr. Growth %	1.92K	-12.22	23.97	11.53	2.6
Normalized Net Income, 1 Yr. Growth %	552.2	-20.45	24.37	11.55	3.08
Diluted EPS Before Extra, 1 Yr. Growth %	1.93K	-10.06	26.94	13.67	4.59
Accounts Receivable, 1 Yr. Growth %	3.16	21.39	-9.29	9.81	23.72
Inventory, 1 Yr. Growth %	49.92	-10.55	8.34	11.51	7.63
Net Property, Plant and Equip., 1 Yr. Growth %	2.25	5.97	6.04	6.44	7.35
Total Assets, 1 Yr. Growth %	7.25	-1.64	6.59	4.23	4.32
Tangible Book Value, 1 Yr. Growth %	23.38	5.63	13.59	13.09	12.31
Common Equity, 1 Yr. Growth %	23.38	5.63	13.59	13.09	12.31
Cash From Operations, 1 Yr. Growth %	-22.58	-2.85	48.84	-6.26	28.42
Capital Expenditures, 1 Yr. Growth %	37.59	17.25	16.63	-5.6	13.77
Levered Free Cash Flow, 1 Yr. Growth %	-42.33	-40.96	99.62	-8.79	38.32
Unlevered Free Cash Flow, 1 Yr. Growth %	-41.44	-38.99	91.88	-8.98	35.78
Dividend Per Share, 1 Yr. Growth %	300	8.77	8.06	9.7	10.2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.6	22.14	3.79	6.31	5.66
Gross Profit, 2 Yr. CAGR %	7.01	26.74	3.76	10.37	6.31
EBITDA, 2 Yr. CAGR %	3.86	107.49	0.62	12.76	8.61
EBITA, 2 Yr. CAGR %	4.26	223.9	-0.54	13.98	8.31
EBIT, 2 Yr. CAGR %	4.26	223.9	-0.54	13.98	8.31
Earnings From Cont. Operations, 2 Yr. CAGR %	1.84	320.82	4.32	17.59	6.97
Net Income, 2 Yr. CAGR %	1.84	320.82	4.32	17.59	6.97
Normalized Net Income, 2 Yr. CAGR %	2.15	332.41	4.61	17.78	7.23
Diluted EPS Before Extra, 2 Yr. CAGR %	2.89	327.2	6.85	20.12	9.03
Accounts Receivable, 2 Yr. CAGR %	7.18	11.9	4.93	-0.19	16.56
Inventory, 2 Yr. CAGR %	11.11	15.8	-1.56	9.91	9.55
Net Property, Plant and Equip., 2 Yr. CAGR %	1.9	4.09	6	6.24	6.89
Total Assets, 2 Yr. CAGR %	20.79	2.71	2.39	5.4	4.27
Tangible Book Value, 2 Yr. CAGR %	9.94	14.16	9.54	13.34	12.7
Common Equity, 2 Yr. CAGR %	9.94	14.16	9.54	13.34	12.7
Cash From Operations, 2 Yr. CAGR %	-10.52	-13.27	20.25	18.12	9.72
Capital Expenditures, 2 Yr. CAGR %	0.21	27.01	16.94	4.93	3.63
Levered Free Cash Flow, 2 Yr. CAGR %	-13.25	-34.15	16.81	34.93	12.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	-11.35	-32.87	16.04	32.15	11.17
Dividend Per Share, 2 Yr. CAGR %	4.2	108.59	8.42	8.88	9.95
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.08	5.24	17.59	3.76	6.76
Gross Profit, 3 Yr. CAGR %	8.05	2.21	22.86	4.34	9.28
EBITDA, 3 Yr. CAGR %	4.34	-1.52	70.11	4.03	10.49
EBITA, 3 Yr. CAGR %	4.56	-2.48	129.98	3.49	10.8
EBIT, 3 Yr. CAGR %	4.56	-2.48	129.98	3.49	10.8
Earnings From Cont. Operations, 3 Yr. CAGR %	2.76	-3.08	180.01	6.67	12.36
Net Income, 3 Yr. CAGR %	2.76	-3.08	180.01	6.67	12.36
Normalized Net Income, 3 Yr. CAGR %	3.27	-2.8	185.43	6.88	12.66
Diluted EPS Before Extra, 3 Yr. CAGR %	4.56	-1.62	185.07	9.08	14.7
Accounts Receivable, 3 Yr. CAGR %	6.67	11.72	4.34	6.53	7.21
Inventory, 3 Yr. CAGR %	8.93	3.36	13.26	2.62	9.15
Net Property, Plant and Equip., 3 Yr. CAGR %	33.78	3.24	4.74	6.15	6.61
Total Assets, 3 Yr. CAGR %	30.96	12.8	3.99	3	5.04
Tangible Book Value, 3 Yr. CAGR %	7.09	8.48	13.97	10.71	13
Common Equity, 3 Yr. CAGR %	7.09	8.48	13.97	10.71	13
Cash From Operations, 3 Yr. CAGR %	-5.59	-8.03	3.84	10.67	21.46
Capital Expenditures, 3 Yr. CAGR %	10.46	5.6	23.45	8.88	7.8
Levered Free Cash Flow, 3 Yr. CAGR %	-10.23	-19.88	-4.7	7.56	36.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	-9.01	-17.99	-4.73	7.02	33.35
Dividend Per Share, 3 Yr. CAGR %	7.02	5.7	67.53	8.84	9.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.01	5.75	6.34	5.67	12.67
Gross Profit, 5 Yr. CAGR %	7.72	4.19	6.31	5.4	15.95
EBITDA, 5 Yr. CAGR %	5.05	0.2	2.84	3.96	42.16
EBITA, 5 Yr. CAGR %	5.29	-0.57	2.49	3.8	70.17
EBIT, 5 Yr. CAGR %	5.29	-0.57	2.49	3.8	70.17
Earnings From Cont. Operations, 5 Yr. CAGR %	9.04	2.1	3.38	4.71	90.55
Net Income, 5 Yr. CAGR %	9.04	2.1	3.38	4.71	90.55
Normalized Net Income, 5 Yr. CAGR %	4.8	-0.53	3.8	4.96	92.94
Diluted EPS Before Extra, 5 Yr. CAGR %	11.47	4.29	5.47	6.56	94.09
Accounts Receivable, 5 Yr. CAGR %	11.54	12.38	5.97	6.79	9.07
Inventory, 5 Yr. CAGR %	8.38	4.27	4.6	5.93	11.76
Net Property, Plant and Equip., 5 Yr. CAGR %	20.55	21.39	21.89	4.43	5.59
Total Assets, 5 Yr. CAGR %	20.77	18.58	18.68	9.78	4.1
Tangible Book Value, 5 Yr. CAGR %	8.12	7.06	8.06	10.4	13.46
Common Equity, 5 Yr. CAGR %	8.12	7.06	8.06	10.4	13.46
Cash From Operations, 5 Yr. CAGR %	2.21	0.1	4	1.65	6.15
Capital Expenditures, 5 Yr. CAGR %	13.37	11.98	13.01	5.33	15.11
Levered Free Cash Flow, 5 Yr. CAGR %	-5.33	-11.94	-0.26	-1.3	1.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.6	-10.79	0.28	-0.75	1.34
Dividend Per Share, 5 Yr. CAGR %	15.07	11.96	7.58	6.96	41.56