Ross Stores (ROST) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Ross Stores

NasdaqGS•Consumer Cyclical•Apparel Retail

$229.48+4.68(0.02%)After hours

Market Cap

$72.73B

P/E

27.4x

P/S

3.0x

P/B

10.8x

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. The company offers designer apparel, accessories, footwear, and home-fashioned products for the entire family. It sells its products to middle income households and households with lower to more moderate incomes. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

How this company scores

ExcellentMetricSide Score: 90/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (21/25).

Profitability23/25

Growth23/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowHigh ROERising earningsLow leverage

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 27.4x5y range 19.0x – 31.5x

Currently near its 20-quarter median.

P/S · 3.0x5y range 1.5x – 3.1x

Currently above its 20-quarter median.

P/B · 10.8x5y range 6.8x – 11.6x

Price & Volume

Market Cap $72.73B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $24.51B
Q. Revenue: $6.26B
TTM EBITDA: $3.91B
TTM Op. Income: $3.37B
Q. Op. Income: $1.10B
TTM Net Income: $2.66B
Q. Net Income: $851.30M
EPS: $2.68
Shares Out.: $317.69M

$24.51B in TTM revenue grew 14.0% YoY, reaching $6.26B last quarter. TTM EBITDA of $3.91B and TTM operating income of $3.37B show growth is flowing through to the bottom line. TTM net income of $2.66B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 33.8%
EBITDA Margin: 19.9%
Op. Margin: 17.6%
Net Margin: 13.6%

Op. margin of 17.6% is up 6.1% YoY — cost efficiency is improving. Net margin at 13.6% and gross margin of 33.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 27.4x
P/S Ratio: 3.0x
P/B Ratio: 10.8x

At 27.4x P/E, the stock trades within typical market levels. P/S of 3.0x and P/B of 10.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 27% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.98B
Cash: $4.29B
Long-Term Debt: $777.05M
Book Value: $6.74B
D/E Ratio: 0.1
Debt/EBITDA: 0.6

With $15.98B in assets and $777.05M in long-term debt, D/E is 0.1and book value is $6.74B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $875.76M
TTM Free Cash Flow: $2.79B
FCF Margin: 11.4%
FCF / Net Income: 1.0

TTM FCF of $2.79B on $875.76M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.