Ross Stores Inc (ROST)

Net profit margin

		Feb 3, 2024	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	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	1,874,520	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	933,944	1,660,928	1,646,488	1,613,664	1,590,347
Revenue (ttm)	US$ in thousands	20,541,060	19,703,320	19,303,440	18,903,660	18,692,980	18,458,850	18,446,360	18,660,290	18,841,920	18,069,620	17,239,590	15,109,180	12,448,160	12,634,370	12,762,120	14,090,910	16,057,180	15,753,150	15,452,190	15,206,860
Net profit margin		9.13%	8.69%	8.32%	8.17%	8.09%	7.76%	8.00%	8.49%	9.14%	8.82%	7.77%	5.74%	0.69%	2.40%	4.26%	6.63%	10.34%	10.45%	10.44%	10.46%

February 3, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,874,520K ÷ $20,541,060K
= 9.13%

The net profit margin of Ross Stores Inc has shown fluctuations over the past few years, ranging from a low of 0.69% in January 2021 to a high of 10.46% in May 2019. Overall, the trend appears to be stable with some variability in performance. The company has generally maintained a healthy net profit margin, with the latest reported figure of 9.13% in February 2024 demonstrating the ability to effectively generate profits relative to its revenue. The company's ability to consistently maintain a positive net profit margin indicates efficient cost management and profitability within its operations. Further analysis and monitoring of this metric in conjunction with other financial indicators can provide valuable insights into the financial health and performance of Ross Stores Inc.