Ross Stores Inc (ROST)
Net profit margin
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 2,090,730 | 1,874,520 | 1,874,520 | 1,512,040 | 1,512,040 |
Revenue | US$ in thousands | 21,129,200 | 20,541,100 | 20,376,900 | 18,695,800 | 18,693,000 |
Net profit margin | 9.89% | 9.13% | 9.20% | 8.09% | 8.09% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $2,090,730K ÷ $21,129,200K
= 9.89%
Ross Stores Inc's net profit margin has shown a positive trend over the past few years, increasing from 8.09% in January 28, 2023, and maintaining this level until January 31, 2023. The net profit margin then experienced a notable improvement to 9.20% by January 31, 2024, before slightly decreasing to 9.13% by February 3, 2024. The most recent data point, as of January 31, 2025, indicates a further increase in the net profit margin to 9.89%.
Overall, Ross Stores Inc's net profit margin has demonstrated a healthy upward trajectory, suggesting improved efficiency in managing costs and generating profits relative to its revenue. This upward trend in net profit margin indicates that the company has been effectively controlling its expenses and optimizing its operations to enhance its profitability over the specified time period.
Peer comparison
Jan 31, 2025