Ross Stores Inc (ROST)

Return on equity (ROE)

		Jan 31, 2025	Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 31, 2023	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
Net income (ttm)	US$ in thousands	2,090,730	2,113,629	2,072,148	1,992,327	1,950,656	1,712,164	1,711,880	1,606,589	1,544,787	1,512,041	1,431,820	1,474,814	1,584,555	1,722,589	1,593,747	1,339,914	867,703	85,382	303,535	543,270
Total stockholders’ equity	US$ in thousands	5,777,110	5,263,360	5,130,530	4,947,950	4,871,330	4,582,960	4,582,960	4,454,740	4,310,400	4,288,580	4,147,000	4,126,950	4,053,900	4,060,050	3,983,220	3,903,990	3,652,820	3,290,640	3,019,040	2,867,200
ROE		36.19%	40.16%	40.39%	40.27%	40.04%	37.36%	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%

January 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,090,730K ÷ $5,777,110K
= 36.19%

Ross Stores Inc's return on equity (ROE) has shown some fluctuations over the period provided. Starting at 18.95% on August 1, 2020, it dipped to 2.59% by January 30, 2021, before beginning a steady climb. The ROE reached its peak on January 29, 2022, at 42.43%. Despite some fluctuations afterward, the ROE remained relatively high, hovering around the 35-40% range until November 2, 2024, where it was recorded at 40.16%. However, by January 31, 2025, the ROE decreased to 36.19%.

Overall, Ross Stores Inc has exhibited strong returns on equity during the period under review, with peaks surpassing 40% and generally maintaining levels above 30%. These fluctuations in the ROE may be indicative of changes in the company's profitability, efficiency, and financial leverage over time. Further analysis and comparison with industry benchmarks could provide additional insights into the company's performance and financial health.