Ross Stores Inc (ROST)

Return on assets (ROA)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	2,090,730	1,874,520	1,874,520	1,512,040	1,512,040
Total assets	US$ in thousands	14,905,300	14,300,100	14,300,100	13,416,500	13,416,500
ROA		14.03%	13.11%	13.11%	11.27%	11.27%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $2,090,730K ÷ $14,905,300K
= 14.03%

Ross Stores Inc's Return on Assets (ROA) has been showing a positive trend over the past few years, increasing from 11.27% in January 2023 to 14.03% in January 2025. This indicates that the company is efficiently utilizing its assets to generate profits. The consistent improvement in ROA suggests that Ross Stores Inc's management is effective in generating earnings from its assets. A rising ROA is generally a positive indicator of a company's operational efficiency and its ability to generate profits relative to its total assets.