Ross Stores Inc (ROST)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,681,646 | 2,641,143 | 2,544,511 | 2,496,949 | 2,519,377 | 2,282,009 | 2,333,647 | 2,193,789 | 2,106,348 | 2,066,820 | 1,956,399 | 2,007,554 | 2,157,769 | 2,333,242 | 2,244,096 | 1,886,361 | 1,295,143 | 189,889 | 375,036 | 687,883 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | 2,210,070 | 2,458,620 | 2,457,560 | 2,456,510 | 2,455,460 | 2,454,410 | — | 2,452,320 | 2,451,280 | — | — | 2,448,180 | — | — |
| 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 |
| Return on total capital | 46.42% | 50.18% | 49.60% | 50.46% | 51.72% | 49.79% | 34.35% | 31.73% | 31.12% | 30.64% | 29.63% | 30.50% | 53.23% | 35.83% | 34.88% | 48.32% | 35.46% | 3.31% | 12.42% | 23.99% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,681,646K ÷ ($—K + $5,777,110K)
= 46.42%
Ross Stores Inc's return on total capital has shown varying trends over the period from August 1, 2020, to January 31, 2025. The ratio started at a high of 23.99% in August 2020, but then decreased to 3.31% by January 30, 2021. Subsequently, there was a notable increase to 48.32% by July 31, 2021, and further fluctuations between 2021 and 2023.
From April 30, 2022, to November 2, 2024, Ross Stores Inc experienced a consistent improvement in its return on total capital, reaching a peak of 50.46% in May 2024. However, by January 31, 2025, the ratio had decreased to 46.42%.
Overall, the data indicates that Ross Stores Inc has demonstrated the ability to generate a healthy return on its total capital, with notable periods of increases and some fluctuations. It is important for investors and stakeholders to closely monitor this ratio to assess the company's capital efficiency and profitability over time.
Peer comparison
Jan 31, 2025