Ross Stores Inc (ROST)

Pretax margin

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Earnings before tax but after interest (EBT)	US$ in thousands	2,757,150	2,471,780	2,471,780	1,987,490	1,987,490
Revenue	US$ in thousands	21,129,200	20,541,100	20,376,900	18,695,800	18,693,000
Pretax margin		13.05%	12.03%	12.13%	10.63%	10.63%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $2,757,150K ÷ $21,129,200K
= 13.05%

Ross Stores Inc has demonstrated a consistent pretax margin performance over the past few years. The pretax margin was at 10.63% in both January 28, 2023, and January 31, 2023. However, there was a slight improvement in profitability as the pretax margin increased to 12.13% on January 31, 2024. It remained relatively stable around 12% in the following period ending on February 3, 2024. The most recent data point, January 31, 2025, shows a further improvement in profitability, with the pretax margin increasing to 13.05%. This indicates that Ross Stores Inc has been effectively managing its operating expenses and generating higher profits relative to its total revenue over the years.