Ross Stores Inc (ROST)

Operating return on assets (Operating ROA)

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Operating income US$ in thousands 2,585,590 -795,896 2,307,660 1,990,330 -771,779
Total assets US$ in thousands 14,905,300 14,300,100 14,300,100 13,416,500 13,416,500
Operating ROA 17.35% -5.57% 16.14% 14.83% -5.75%

January 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $2,585,590K ÷ $14,905,300K
= 17.35%

Ross Stores Inc's operating return on assets (operating ROA) fluctuated over the analyzed period. Starting at -5.75% on January 28, 2023, it improved significantly to reach 14.83% by January 31, 2023. The trend continued positively with a further increase to 16.14% by January 31, 2024. However, there was a slight decline to -5.57% by February 3, 2024, before bouncing back strongly to 17.35% by January 31, 2025. This indicates that Ross Stores Inc's operational efficiency in generating profits from its assets has shown volatility but generally improved over the period.