Ross Stores Inc (ROST)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	5,509,200	4,871,330	4,871,330	4,288,580	4,288,580
ROE		37.95%	38.48%	38.48%	35.26%	35.26%

January 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $2,090,730K ÷ $5,509,200K
= 37.95%

Ross Stores Inc has reported a consistently high return on equity (ROE) over the past few years. The ROE for the fiscal years ending January 28, 2023, and January 31, 2023, stood at 35.26%. This indicates that for every dollar of shareholders' equity, the company generated a return of 35.26%.

In the following years, the ROE increased further to 38.48% for the fiscal years ending January 31, 2024, and February 3, 2024. This improvement suggests that Ross Stores Inc has been effectively utilizing its equity to generate higher returns for its shareholders.

Despite a slight decrease in ROE to 37.95% for the fiscal year ending January 31, 2025, the company continues to deliver strong returns on equity. Overall, the trend in ROE indicates that Ross Stores Inc has been efficient in maximizing shareholder value through its operations and financial management strategies.