Ross Stores runs two chains of off-price retail stores in the US: Ross Dress for Less (the main brand, ~2,000+ locations) and dd's Discounts (targeting more budget-conscious shoppers). It sells branded clothing, footwear, accessories, and home goods at steep discounts—typically 20–60% below regular retail—by buying excess inventory and closeouts from manufacturers and retailers. Customers are value-seeking consumers who want recognizable brands at low prices. Revenue comes entirely from in-store product sales across 43 states.
Employees111,000IPOAug 8, 1985SIC5651HQ5130 Hacienda Drive, Dublin, CA, USA, 94568
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
29.7%
Operating Margin
13.8%
EBITDA Margin
16.6%
Net Margin
10.9%
OCF Margin
14.9%
FCF Margin
11.4%
Returns on Capital
ROE
43.1%
ROA
17.3%
ROIC
28.4%
ROCE
33.4%
ROC (Greenblatt)
46.7%
3Y ROIIC
26.9%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
28.67
Forward P/E
28.56
P/E ex-NRI
28.67
Shiller P/E (CAPE)
44.05
Cash Flow Multiples
P/FCF
27.31
P/OCF
20.82
P/Owner Earnings
25.90
FCF Yield
3.69%
Enterprise Value Multiples
EV / EBIT
21.80
EV / Forward EBIT
23.22
EV / EBITDA
18.91
EV / Forward EBITDA
20.16
EV / Revenue
3.15
EV / Forward Revenue
3.04
Asset / Sales
P/S
3.11
P/B
11.23
P/Tangible Book
11.23
Growth-Adjusted
PEG
0.82
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
0.73%
Forward Dividend Yield
0.75%
3Y Dividend Growth
9.3%
Payout Ratio
0.21
5Y Yield on Cost
2.93%
Buybacks & Dilution
3Y Buyback Ratio
2.00%
5Y Share Change
−8.7%
Combined
Shareholder Yield
3.01%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.70
Gross Debt / EBITDA
1.16
Cash / Debt
0.91
Equity / Assets
0.42
Coverage
Interest Coverage
106.22
Short-Term Liquidity
Current Ratio
1.61
Quick Ratio
0.98
Cash Ratio
0.88
Composite Scores
Piotroski F-Score
9
Altman Z-Score
7.74
Split History
Date
Split
2015-06-12
2:1
2011-12-16
2:1
2003-12-19
2:1
1999-09-23
2:1
1997-03-06
2:1
Ex-date
Amount
Pay date
2026-09-08
$0.445
2026-09-30
2026-06-09
$0.445
2026-06-30
2026-03-13
$0.445
2026-03-31
2025-12-09
$0.405
2025-12-31
2025-09-09
$0.405
2025-09-30
2025-06-10
$0.405
2025-06-30
2025-03-18
$0.405
2025-03-31
2024-12-10
$0.3675
2024-12-31
2024-09-10
$0.3675
2024-09-30
2024-06-11
$0.3675
2024-06-28
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View allDate
Transcript
Type
2026-08-20
Q2 2026 Ross Stores Inc Earnings Call Transcript
Earnings Call
2026-05-21
Q1 2026 Ross Stores Inc Earnings Call Transcript
Earnings Call
2026-03-03
Q4 2025 Ross Stores Inc Earnings Call Transcript
Earnings Call
2025-11-20
Q3 2025 Ross Stores Inc Earnings Call Transcript
Earnings Call
2025-08-21
Q2 2025 Ross Stores Inc Earnings Call Transcript
Earnings Call
2025-05-22
Q1 2025 Ross Stores Inc Earnings Call Transcript
Earnings Call
2025-03-04
Q4 2024 Ross Stores Inc Earnings Call Transcript
Earnings Call
2024-11-21
Q3 2024 Ross Stores Inc Earnings Call Transcript
Earnings Call
2024-08-22
Q2 2024 Ross Stores Inc Earnings Call Transcript
Earnings Call
2024-05-23
Q1 2024 Ross Stores Inc Earnings Call Transcript
Earnings Call
10 of 31
5-Step DuPont Analysis
ROE %
42.63%
×
×
Net Margin %
10.85%
×
×
Operating Margin %
13.75%
Operating Income
$3.37B
÷
Revenue
$24.51B
×
Tax Burden
0.7591
Net Income
$2.66B
÷
Pretax Income
$3.50B
×
Interest Burden
1.0395
Pretax Income
$3.50B
÷
Operating Income
$3.37B
×
Asset Turnover
1.61
÷
Revenue
$24.51B
÷
Average Total Assets
$15.24B
Begin Total Assets
$14.50B
End Total Assets
$15.98B
×
Equity Multiplier
2.44
÷
Avg Total Assets
$15.24B
÷
Avg Stockholders Equity
$6.24B
Begin Equity
$5.73B
End Equity
$6.74B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 27.9M | 8.63% | +3.0M | $5.94B |
| VANGUARD CAPITAL MANAGEMENT LLC | 21.0M | 6.51% | +20.6K | $4.48B |
| STATE STREET CORP | 14.6M | 4.53% | +734.0K | $3.12B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 14.5M | 4.49% | +337.0K | $3.09B |
| Invesco Ltd. | 12.3M | 3.81% | +5.5M | $2.62B |
| FMR LLC | 11.0M | 3.39% | +1.8M | $2.34B |
| BANK OF AMERICA CORP /DE/ | 9.5M | 2.94% | +93.1K | $2.02B |
| PRIMECAP MANAGEMENT CO/CA/ | 9.1M | 2.82% | -65.0K | $1.94B |
| JPMORGAN CHASE & CO | 8.7M | 2.69% | -1.2M | $1.81B |
| GEODE CAPITAL MANAGEMENT, LLC | 7.9M | 2.46% | -1.2M | $1.68B |
10 of 1,429
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Conroy James GrantOfficer | 134.3K | 0.0415% | $31.83M |
| Hartshorn Michael J.Officer | 116.0K | 0.0359% | $27.49M |
| Sykes KarenOfficer | 104.6K | 0.0324% | $24.79M |
| Fleming KarenOfficer | 90.6K | 0.0280% | $21.45M |
| Orvos Adam MOfficer | 62.2K | 0.0192% | $14.72M |
| KOBAYASHI MICHAEL KOfficer | 61.8K | 0.0191% | $14.64M |
| BALMUTH MICHAELOfficer | 59.5K | 0.0184% | $14.10M |
| ORBAN GEORGEDirector | — | — | — |
| GARRETT SHARON DDirector | — | — | — |
| BUSH MICHAEL JDirector | — | — | — |
10 of 20· 3 withheld
View allRecent insider activity
through Oct 1, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Bransten ShelleyDirector | Grant/Award (Rule 16b-3(d)) | +1.1K | $0 | Oct 1, 2026 |
| Johnson Christian BDirector | Grant/Award (Rule 16b-3(d)) | +1.1K | $0 | Oct 1, 2026 |
| Brinkley Stephen COfficer | Open-Market or Private Sale | -6.4K | $1.48M | Sep 14, 2026 |
| Conroy James GrantOfficer | Open-Market or Private Sale | -49.2K | $11.29M | Sep 14, 2026 |
| Fleming KarenOfficer | Tax Withholding | -907 | $209.3K | Sep 11, 2026 |
| Brinkley Stephen COfficer | Tax Withholding | -6.7K | $1.54M | Sep 11, 2026 |
| Conroy James GrantOfficer | Tax Withholding | -41.4K | $9.55M | Sep 11, 2026 |
| Mueller Patricia HDirector | Gift | -1.4K | $0 | May 29, 2026 |
| Mueller Patricia HDirector | Gift | +1.4K | $0 | May 29, 2026 |
| GARRETT SHARON DDirector | Gift | -1.4K | $0 | May 29, 2026 |
10 of 2,096
View all