Ross Stores, Inc. (ROST)
Consumer Discretionary · Apparel Retail · US stock · S&P 500 component
$236.67
▲ +2.49 (1.06%)
Fair valueFair
$202 −14.5% to fair value
$101fair band $172–$245$304
Day's range
$233.69 – $236.99
52-week range
$154.87 – $257.00
About Ross Stores, Inc.
Ross Stores operates off-price retail chains offering brand-name and designer clothing, shoes, accessories and home goods at discounts to regular department store prices. Its buyers purchase excess and closeout inventory from manufacturers and other retailers, and the products are sold in stores across the United States. Revenue comes from in-store sales, and the model depends on a steady flow of discounted merchandise and tight control of costs.
The company reported revenue of $24.5 billion for the last twelve months. Revenue growth over three years averaged 6.8% a year. Operating margin is 13.7% and return on invested capital is 74%. With net debt to EBITDA at negative 0.8 times, cash exceeds debt. It pays a dividend with a yield of 0.7%. The X-Ray Score is 54 out of 100.
Price chart
52-wk range $154.87 – $257.00Volume 1,751,224Daily, split-adjusted
Vitals
Market cap$75.6B
52-week range$154.87 – $257.00
Volume (last day)1,751,224
P/E (TTM)28.7
EBIT / EV yield4.7%
Free-cash-flow yield3.7%
Dividend yield0.7%
Revenue (TTM)$24.5B
Net income (TTM)$2.7B
Operating margin13.7%
Return on capital73.7%
Debt incl. leases$1.0B
Cash & securities$4.3B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$202middle half of models $178 – $232
Fair
−14.5% to fair value
Average of the 14 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $237
Undervalued < $172Fair $172 – $245Overvalued > $245
P/E multiple
$230
P/B multiple
$207
P/S multiple
$193
EV/EBITDA multiple
$216
EV/EBIT multiple
$209
EV/revenue multiple
$207
10-year DCF, EBITDA exit
$233
5-year DCF, EBITDA exit
$243
10-year DCF, revenue exit
$233
5-year DCF, revenue exit
$242
10-year DCF, growth exit
$159
5-year DCF, growth exit
$154
Dividend discount, stable · not used
$81
Dividend discount, multi-stage
$136
Earnings power value
$173
Growth the price implies
16.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
23/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.7%
Free-cash-flow yield3.7%
Fair value vs price0.9×
Growth
Fair
63/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.8%
EPS growth (3y)14.7%
Growth consistency90%
Profitability
Fair
66/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital73.7%
Operating margin13.7%
Gross profitability45.5%
Financial health
Strong
72/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA-0.8×
Interest coverNo interest cost
Dividends
Weak
48/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.7%
Dividends vs free cash flow20%
Dividend growth7.0%
Quarterly results: last 6 quarters
+2.6%
May '25
+4.6%
Aug '25
+10.4%
Nov '25
+12.2%
Jan '26
+20.6%
May '26
+13.3%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.3B, diluted EPS $2.66.
SWOT analysis: Ross Stores, Inc.
Strengthsinside the company
- Return on invested capital is 73.7%, against a median of 24.2% for sector peers.
- Earnings per share have compounded at 14.7% a year over three years.
- Cash exceeds debt (net debt is negative), which gives room to invest or ride out a downturn.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- Trades at 28.4x earnings, 37% above the 20.7x median of sector peers, so the price already assumes better results.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare ROST with peers and sector
Medians of 46 Consumer Discretionary peers and of 46 Consumer Discretionary stocks in our universe.
Largest peers (X-Ray Score): AMZN 42, TSLA 28, HD 40, MCD 53, TJX 55, BKNG 70.
| Metric | ROST | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 54 | 50 | 50 |
| Valuation | 23 | 49 | 49 |
| Growth | 63 | 50 | 50 |
| Profitability | 66 | 52 | 52 |
| Financial health | 72 | 49 | 49 |
| Dividends | 48 | 52 | 52 |
Sector leaders: highest X-Ray Score in Consumer Discretionary
ROST ranks #14 of 47 in Consumer Discretionary by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for ROST
Each factor is rated by where ROST stands among the 47 Consumer Discretionary stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 7 Good · 11 Average · 5 Bad of 23
Growth: 1 · 2 · 0
Profitability: 1 · 3 · 1
Financial strength: 3 · 1 · 0
Valuation: 0 · 1 · 4
Cash flow: 1 · 3 · 0
Efficiency: 1 · 1 · 0
| Factor | ROST | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +6.8% | Average beats 54% | +6.5% | – | – |
| Revenue growth, last year | +7.7% | Average beats 64% | +4.9% | +7.7% | ≈ In line |
| EPS growth, 3 years a year | +14.7% | Good beats 74% | +4.0% | – | – |
| Profitability | |||||
| Gross margin | 29.7% | Bad beats 24% | 42.5% | 27.5% | ≈ In line |
| Operating margin | 13.7% | Average beats 46% | 14.9% | 11.9% | ▲ Better |
| Net margin | 10.8% | Average beats 47% | 11.4% | 9.2% | ▲ Better |
| Return on invested capital | 73.7% | Good beats 87% | 24.6% | – | – |
| Return on equity | 39.4% | Average beats 57% | 35.3% | 37.9% | ≈ In line |
| Financial strength | |||||
| Net debt / EBITDA | -0.8x | Good beats 93% | 1.8x | -0.9x | ≈ In line |
| Interest cover | 50.0x | Good beats 76% | 25.3x | – | – |
| Current ratio | 1.61 | Good beats 76% | 1.10 | 1.77 | ≈ In line |
| Piotroski F-score | 6 / 9 | Average beats 49% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 28.4x | Bad beats 26% | 21.1x | 25.9x | ≈ In line |
| Price / book | 11.2x | Average beats 35% | 7.2x | 9.6x | ▼ Worse |
| Price / sales | 3.1x | Bad beats 31% | 2.1x | 2.4x | ▼ Worse |
| EV / EBITDA | 18.5x | Bad beats 28% | 15.0x | 16.4x | ▼ Worse |
| Free cash flow yield | 3.7% | Bad beats 33% | 4.3% | 3.5% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 11.4% | Average beats 53% | 10.8% | 7.7% | ▲ Better |
| Cash from operations / net income | 1.38 | Average beats 53% | 1.37 | 1.13 | ▲ Better |
| Free cash flow growth, 3 years a year | +28.7% | Good beats 73% | +12.1% | – | – |
| Accruals (lower is better) | −6.3% | Average beats 58% | −5.3% | – | – |
| Efficiency | |||||
| Inventory turnover | 5.6x | Average beats 63% | 4.2x | 6.3x | ▼ Worse |
| Days sales outstanding | 4 days | Good beats 93% | 14 days | 2 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 7 Good · ● 6 Average · ● 3 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 55/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $18.9B | $18.7B | $20.4B | $21.1B | $22.8B |
| Operating income | $2.3B | $2.0B | $2.3B | $2.6B | $2.7B |
| Net income | $1.7B | $1.5B | $1.9B | $2.1B | $2.1B |
| Operating cash flow | $1.7B | $1.7B | $2.5B | $2.4B | $3.0B |
| Operating margin | 11.9% | 10.6% | 11.3% | 12.2% | 11.9% |
| Free cash flow | $1.2B | $1.0B | $1.8B | $1.6B | $2.2B |
| Diluted EPS | $4.87 | $4.38 | $5.56 | $6.32 | $6.61 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 4 neutral · 0 bearish
Weekly
Strongly bullish
10 bullish · 1 neutral · 1 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 232.3 | Bullish |
| EMA 10 | 233.7 | Bullish |
| SMA 20 | 231.4 | Bullish |
| EMA 20 | 232.3 | Bullish |
| SMA 50 | 231.9 | Bullish |
| EMA 50 | 232.1 | Bullish |
| SMA 100 | 232.4 | Bullish |
| EMA 100 | 229.3 | Bullish |
| SMA 200 | 220.6 | Bullish |
| EMA 200 | 217.3 | Bullish |
Oscillators (daily)
| RSI (14) | 57.45 | Neutral |
| MACD (12, 26) | 1.16 | Bullish |
| Momentum (12) | 5.56 | Bullish |
| Stochastic %K (14) | 77.47 | Neutral |
| Williams %R (14) | -22.53 | Neutral |
| CCI (20) | 57.84 | Neutral |
Pivot points (classic, last session)
S3 231.3 | S2 232.5 | S1 234.6 | Pivot 235.8 | R1 237.9 | R2 239.1 | R3 241.2 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.74 USD
Yield on today's price
0.74%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.4450 | |
| 0.4450 | |
| 0.4450 | |
| 0.4050 | |
| 0.4050 | |
| 0.4050 | |
| 0.4050 | |
| 0.3680 | |
| 0.3680 | |
| 0.3680 | |
| 0.3680 | |
| 0.3350 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold ROST
| ETF | Share of the fund |
|---|---|
| RDVI FT Cboe Vest Rising Dividend Achievers... | 2.37% |
| RDVY First Trust Rising Dividend Achievers | 2.01% |
| FTCS First Trust Capital Strength | 1.88% |
| XLY Consumer Discretionary Select Sector S... | 1.71% |
| PWB Invesco Dynamic Large Cap Growth | 1.57% |
| QUAL iShares MSCI USA Quality Factor | 1.56% |
| VOT Vanguard Mid-Cap Growth | 1.51% |
| JEPI JPMorgan Equity Premium Income | 1.51% |
The eight funds with the largest weight in ROST among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
ROST stock splits
ROST has split its stock 5 times since 1997. The latest was a 2-for-1 split on 12 Jun 2015.
Full ROST stock split history →ROST SEC filings
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Shareholder vote results
8-KSEC EDGAR
Results of operations
DEF 14ASEC EDGAR
Proxy statement
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.