Ross Stores Inc (ROST)

Operating 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
Operating income (ttm)	US$ in thousands	-795,896	-836,988	-862,437	-810,712	-771,779	-906,391	-885,631	-784,492	-615,929	-641,153	-1,160,788	-1,563,861	-2,396,984	-2,100,474	-1,481,233	-1,061,119	-192,416	-210,134	-205,935	-199,622
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
Operating profit margin		-3.87%	-4.25%	-4.47%	-4.29%	-4.13%	-4.91%	-4.80%	-4.20%	-3.27%	-3.55%	-6.73%	-10.35%	-19.26%	-16.63%	-11.61%	-7.53%	-1.20%	-1.33%	-1.33%	-1.31%

February 3, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-795,896K ÷ $20,541,060K
= -3.87%

The operating profit margin of Ross Stores Inc has shown variability over the recent quarters. Despite some fluctuations, the trend indicates a general improvement in operating profit margin from a low of -19.26% in January 2021 to -3.87% in February 2024. The company has made progress in managing its operating expenses relative to its revenue generation.

However, negative operating profit margins throughout the observed period suggest that Ross Stores Inc has experienced challenges in effectively controlling its operating costs compared to its sales. Continued efforts to optimize operational efficiency and cost management strategies may further enhance the company's operating profit margins in the future.