Ross Stores Inc (ROST)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 12.03% | 11.45% | 10.95% | 10.71% | 10.63% | 10.18% | 10.48% | 11.17% | 11.99% | 12.00% | 10.44% | 7.94% | 0.85% | 2.49% | 5.17% | 8.18% | 13.48% | 13.46% | 13.47% | 13.49% |
| 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% |
| Pretax margin | 12.03% | 11.45% | 10.95% | 10.71% | 10.63% | 10.18% | 10.48% | 11.17% | 11.99% | 12.00% | 10.44% | 7.94% | 0.85% | 2.49% | 5.17% | 8.18% | 13.48% | 13.46% | 13.47% | 13.49% |
| 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% |
Ross Stores Inc's profitability ratios have shown mixed performance over the past several reporting periods. The gross profit margin has fluctuated within a relatively narrow range, with a slight improvement from 10.63% to 12.03% in the most recent period.
However, the operating profit margin has generally been negative, indicating that the company's operating expenses have exceeded its gross profit. Despite some fluctuations, the trend has shown a slight improvement in recent periods.
The pretax margin has also varied, but has generally been positive, indicating that the company has been profitable before accounting for taxes. This margin has shown some volatility but has remained above zero in most periods.
The net profit margin, which represents the bottom line profitability after all expenses, has shown mixed results. Although it has fluctuated, it has generally been positive, indicating that the company has been making a profit after all expenses. The net profit margin has also shown some improvement in recent periods.
Overall, while Ross Stores Inc has faced challenges with its operating profit margin, the company has managed to maintain positive profitability on a pretax and net profit basis over the periods analyzed. Continued focus on improving cost management and operational efficiency could help enhance overall profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | -5.57% | -5.87% | -6.17% | -5.95% | -5.75% | -6.92% | -6.72% | -5.93% | -4.52% | -4.61% | -8.51% | -11.67% | -18.85% | -16.71% | -13.08% | -9.89% | -2.06% | -2.23% | -2.25% | -2.21% |
| Return on assets (ROA) | 13.11% | 12.00% | 11.49% | 11.34% | 11.27% | 10.93% | 11.19% | 11.97% | 12.63% | 11.45% | 9.82% | 6.48% | 0.67% | 2.41% | 4.80% | 8.71% | 17.77% | 17.49% | 17.63% | 17.57% |
| Return on total capital | 35.95% | 34.35% | 31.73% | 31.12% | 30.66% | 29.65% | 30.52% | 33.18% | 35.83% | 34.88% | 29.70% | 21.25% | 3.39% | 6.96% | 13.66% | 22.92% | 59.20% | 59.39% | 58.04% | 57.70% |
| Return on equity (ROE) | 38.48% | 37.35% | 36.06% | 35.84% | 35.26% | 34.53% | 35.74% | 39.09% | 42.43% | 40.01% | 34.32% | 23.75% | 2.59% | 10.05% | 18.95% | 33.15% | 49.44% | 50.25% | 48.95% | 48.67% |
Based on the profitability ratios of Ross Stores Inc from the provided data:
1. Operating return on assets (Operating ROA) has shown a downward trend over the past 20 quarters, with a range between -5.57% and -18.85%. This indicates that the company has been facing challenges in generating operating profits from its assets.
2. Return on assets (ROA) has generally been positive, ranging from 0.67% to 17.77%. This indicates the company's ability to generate profit from its total assets, with fluctuations noted over the quarters.
3. Return on total capital has also displayed variability, ranging from 3.39% to 59.39%. This ratio measures the effectiveness of the company in generating returns from both debt and equity capital invested in the business.
4. Return on equity (ROE) has shown a similar pattern to Return on total capital, varying between 2.59% and 50.25%. ROE reflects the company's ability to generate returns for its shareholders' equity.
Overall, the profitability ratios of Ross Stores Inc demonstrate fluctuations and trends that suggest varying levels of efficiency and profitability in utilizing its assets and capital across different quarters. It is essential for the company to closely monitor and manage these ratios to ensure sustainable and consistent profitability.