Ross Stores, Inc. (ROST) Stock Analysis
Consumer Cyclical · Apparel Retail · NasdaqGS
Ross Stores, Inc. (ROST) posted $22.75B in revenue for fiscal 2026 (up 7.7% year over year), at a 9.4% net margin, and has compounded revenue about 12.7%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Ross Stores, Inc.
Ross Stores, Inc. has grown revenue from $12.87B to $22.75B over the last 10 fiscal years, compounding about 12.7% a year. The most recent year was up 7.7%, so growth has cooled from its longer-run pace.
Net margin sits at 9.4%, down 0.5 points year over year on a 27.7% gross margin. It carries about $1.52B of total debt.
At today's valuation the market is pricing in roughly 15.9% annual free-cash-flow growth — versus the 3.7% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Ross Stores, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Ross Stores, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.87B | $14.13B | $14.98B | $16.04B | $12.53B | $18.92B | $18.70B | $20.38B | $21.13B | $22.75B |
| Gross profit | $3.69B | $4.09B | $4.26B | $4.50B | $2.69B | $5.21B | $4.75B | $5.58B | $5.87B | $6.30B |
| Net income | $1.12B | $1.36B | $1.59B | $1.66B | $85.38M | $1.72B | $1.51B | $1.87B | $2.09B | $2.15B |
| Net margin | 8.7% | 9.6% | 10.6% | 10.4% | 0.7% | 9.1% | 8.1% | 9.2% | 9.9% | 9.4% |
Source: Ross Stores, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Ross Stores, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 25.5% while revenue rose 7.7% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
What growth is priced into ROST stock?
At today's market cap of $80.54B, Ross Stores, Inc. is priced for free-cash-flow growth of about 15.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.21B from the FY ending 2026-01-31). For comparison, free cash flow actually grew 3.7%/yr over the last five fiscal years and revenue 12.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Ross Stores, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Ross Stores, Inc. financial history by metric
Compare Ross Stores, Inc. with peers
About Ross Stores, Inc.
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. The company offers designer apparel, accessories, footwear, and home-fashioned products for the entire family. It sells its products to middle income households and households with lower to more moderate incomes. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.
Ross Stores, Inc. — frequently asked questions
What is Ross Stores, Inc.'s revenue?
Ross Stores, Inc. (ROST) reported revenue of $22.75B for fiscal year 2026, up 7.7% from the prior year, according to its SEC filings.
Is Ross Stores, Inc. profitable?
Yes. ROST earned net income of $2.15B in fiscal 2026, a net margin of 9.4%.
What is ROST's P/E ratio?
Ross Stores, Inc. trades at a price-to-earnings ratio of about 35.1 based on the latest data in our nightly-refreshed cache.
How fast is Ross Stores, Inc. growing?
ROST's revenue grew at roughly 12.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Ross Stores, Inc. have?
As of fiscal year 2026, ROST carried roughly $1.52B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Ross Stores, Inc.'s gross margin?
ROST's gross margin was 27.7% in fiscal 2026 — gross profit of $6.30B on revenue of $22.75B.
What is Ross Stores, Inc.'s market cap?
Ross Stores, Inc. (ROST) has a market capitalization of about $80.54B, based on the latest data in our nightly-refreshed cache.
When does Ross Stores, Inc.'s fiscal year end?
ROST's fiscal year ends in January. Its most recent annual filing covers the fiscal year ending 2026-01-31.
What growth is priced into ROST stock?
At today's market cap of $80.54B, Ross Stores, Inc. is priced for free-cash-flow growth of about 15.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.21B from the FY ending 2026-01-31). For comparison, free cash flow actually grew 3.7%/yr over the last five fiscal years and revenue 12.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Ross Stores, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.