MARKETS / NASDAQ / ROST

NASDAQ · RETAIL-FAMILY CLOTHING STORES · LARGE CAP

Ross Stores, Inc. ROST

18 fiscal years on record · USD · FY2025 reported · SEC filings only

5 YEARS OF DIVIDEND GROWTH

Revenue

$22.8B

▲ 7.7% YoY

Net income

$2.1B

▲ 2.6% YoY

Free cash flow

$2.2B

▲ 34.9% YoY

In brief

What this company does

Ross Stores, Inc. and its subsidiaries operate two brands of off-price retail apparel and home fashion stores, Ross Dress for Less and dd's DISCOUNTS. As of January 31, 2026, it operated a total of 2,267 stores, comprised of 1,904 Ross stores and 363 dd's DISCOUNTS stores. Ross stores operate across 44 states, the District of Columbia, Guam and Puerto Rico. dd's DISCOUNTS stores operate in 22 states. As of January 31, 2026, it had approximately 111,000 total associates across its stores, distribution centers, and buying and corporate offices. Over 85% of these associates worked in its retail stores.

Written from the business description in Ross Stores, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth

USD 22.8B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 22.8 · Net income 2.1

Compound annual growth

Revenue

+6.8%

+12.7%

+6.7%

+7.3%

Net income

+12.4%

+90.6%

+7.7%

+9.4%

EPS, diluted

+14.7%

+94.1%

+10.2%

Dividend / share

+9.3%

+41.6%

+13.2%

Returned to shareholders

+4.5%

+46.5%

+5.9%

+8.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +12.7% a year over five years — but profit grew faster: net income at +90.6%, earnings per share at +94.1%.

The share count fell from 0.36B to 0.32B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

9 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 11.9% · Net 9.4%

ROE

FY2025 · ROE 36.7%

Gross margin27.7%

Operating margin11.9%

Net margin9.4%

Return on assets14.1%

EBITDAUSD 3.2B

Each USD of equity produced 37 cents of profit this year.

Cash & shareholders

USD 1.6B

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 2.2

Net buybacks $B Dividends $B

FY2025 · Dividends 0.5 · Net buybacks 1.1

Dividends paidUSD 528.1M

Net buybacksUSD 1.1B

Share of profit73.6%

Consecutive raises5 years

USD 528.1M in dividends and USD 1.1B in buybacks — 74% of the year's profit went back to shareholders.

Total assetsUSD 15.5B

EquityUSD 6.2B

CashUSD 4.6B

Gross debtUSD 1.5B

Net debtUSD -3.1B

Current ratio1.58×

The company holds more cash than debt.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	22.8	21.1	20.4	18.7	18.9	12.5	16.0	15.0	14.1	12.9	11.9	11.0	10.2	9.7	8.6	7.9	7.2	6.5
Operating income $B	2.7	2.6	2.3	2.0	2.3	0.1	2.2	·	·	·	·	·	·	·	·	·	·	·
EBITDA $B	3.2	3.0	2.7	2.4	2.6	0.5	2.5	·	·	·	·	·	·	·	·	·	·	·
Income tax $B	0.7	0.7	0.6	0.5	0.5	0.0	0.5	0.5	0.7	0.7	0.6	0.6	0.5	0.5	0.4	0.3	0.3	0.2
Net income $B	2.1	2.1	1.9	1.5	1.7	0.1	1.7	1.6	1.4	1.1	1.0	0.9	0.8	0.8	0.7	0.6	0.4	0.3
Free cash flow $B	2.2	1.6	1.8	1.0	1.2	1.8	1.6	1.7	1.3	1.3	1.0	0.7	0.5	0.6	0.4	0.5	0.7	0.4
EPS, diluted $	6.61	6.32	5.56	4.38	4.87	0.24	4.60	4.26	3.55	2.83	2.51	2.21	1.94	3.53	2.86	2.31	1.77	2.33
Dividend / sh $	1.62	1.47	1.34	1.24	1.14	0.28	1.02	0.90	0.64	0.54	0.47	0.40	0.26	0.59	0.47	0.35	0.24	0.40
Payout %	25	23	24	29	24	119	22	21	18	19	19	18	18	16	16	14	12	16
ROE %	36.7	40.3	40.9	36.2	46.9	2.6	49.8	50.0	47.0	42.8	43.0	43.1	44.4	48.3	46.5	44.6	41.1	30.7
Shares out B	0.32	0.33	0.34	0.34	0.35	0.36	0.36	0.37	0.38	0.39	0.40	0.41	0.21	0.22	0.23	0.24	0.12	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Ross Stores, Inc.vsTJX Companies Inc.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsGAP Inc.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsVictoria's Secret & Co.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsUrban Outfitters Inc.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsAmerican Eagle Outfitters Inc.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsAbercrombie & Fitch Co.Same industry: Retail-Family Clothing Stores Ross Stores, Inc.vsBoot Barn Holdings, Inc.Same industry: Retail-Family Clothing Stores

Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityRetail-Family Clothing Stores

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsFebruary 1

Data on record since2008