Ross Stores Inc (ROST)
Net profit margin
| Jan 31, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,090,730 | 2,113,629 | 2,072,148 | 1,992,327 | 1,950,656 | 1,712,164 | 1,711,880 | 1,606,589 | 1,544,787 | 1,512,041 | 1,431,820 | 1,474,814 | 1,584,555 | 1,722,589 | 1,593,747 | 1,339,914 | 867,703 | 85,382 | 303,535 | 543,270 |
| Revenue (ttm) | US$ in thousands | 21,129,220 | 21,239,440 | 21,092,940 | 20,773,590 | 20,887,640 | 19,391,220 | 19,703,320 | 19,303,440 | 18,903,660 | 18,710,680 | 18,476,550 | 18,464,060 | 18,696,690 | 18,879,670 | 18,107,370 | 17,306,080 | 15,185,820 | 12,512,410 | 12,695,330 | 12,789,940 |
| Net profit margin | 9.89% | 9.95% | 9.82% | 9.59% | 9.34% | 8.83% | 8.69% | 8.32% | 8.17% | 8.08% | 7.75% | 7.99% | 8.48% | 9.12% | 8.80% | 7.74% | 5.71% | 0.68% | 2.39% | 4.25% |
January 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,090,730K ÷ $21,129,220K
= 9.89%
Net profit margin is a key financial ratio that indicates the percentage of profit a company earns from its total revenue after all expenses have been deducted. Analyzing the net profit margin of Ross Stores Inc over the specified time period provides insights into the company's profitability.
Based on the data provided, Ross Stores Inc's net profit margin has shown fluctuations over time. Starting from 4.25% on August 1, 2020, the net profit margin declined to 0.68% on January 30, 2021, indicating a decrease in profitability. However, there was a significant improvement thereafter, with the net profit margin increasing to 9.59% on May 4, 2024, and reaching a peak of 9.95% on November 2, 2024, suggesting a strong performance in generating profits relative to revenue.
Overall, Ross Stores Inc's net profit margin has shown an upward trend in recent periods, with the ratio consistently remaining above 8% since October 2021. This indicates that the company has been effectively managing its expenses and generating higher profits in proportion to its revenue. The sustained improvement in the net profit margin signifies a positive financial performance for Ross Stores Inc over the specified time frame.
Peer comparison
Jan 31, 2025