Stock Analysis on Net

Ross Stores Inc. (NASDAQ:ROST)

This company has been moved to the archive! The financial data has not been updated since December 7, 2022.

Analysis of Profitability Ratios 
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Ross Stores Inc., profitability ratios (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Return on Sales
Gross profit margin 25.45% 26.01% 26.83% 27.53% 27.85% 27.98% 26.69% 21.49% 21.97% 22.12% 23.86% 28.07% 28.17% 28.19% 28.21% 28.41% 28.67% 28.81% 29.01% 28.95% 28.85% 28.78% 28.71% 28.70%
Operating profit margin 10.39% 10.79% 11.52% 12.33% 12.37% 10.89% 8.52% 1.51% 2.95% 5.38% 8.14% 13.38% 13.35% 13.37% 13.40% 13.62% 13.99% 14.21% 14.49% 14.49% 14.24% 14.11% 13.97% 14.01%
Net profit margin 7.74% 7.97% 8.46% 9.11% 8.78% 7.73% 5.71% 0.68% 2.39% 4.25% 6.63% 10.36% 10.47% 10.46% 10.47% 10.59% 10.68% 10.41% 10.13% 9.64% 8.93% 8.87% 8.77% 8.69%
Return on Investment
Return on equity (ROE) 34.53% 35.74% 39.09% 42.43% 40.01% 34.32% 23.75% 2.59% 10.05% 18.95% 33.15% 49.44% 50.25% 48.95% 48.67% 48.02% 50.09% 48.13% 46.64% 44.69% 42.42% 41.65% 41.33% 40.67%
Return on assets (ROA) 10.93% 11.19% 11.97% 12.63% 11.45% 9.82% 6.48% 0.67% 2.41% 4.80% 8.71% 17.77% 17.49% 17.63% 17.57% 26.14% 25.60% 25.70% 24.25% 23.82% 21.03% 21.45% 20.67% 21.05%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ross Stores Inc. gross profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ross Stores Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ross Stores Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ross Stores Inc. ROE deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
ROA A profitability ratio calculated as net income divided by total assets. Ross Stores Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Gross Profit Margin

Ross Stores Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Gross profit (loss) 1,141,443 1,183,474 1,136,654 1,247,013 1,248,537 1,394,103 1,317,684 1,092,627 1,043,090 604,592 (47,318) 1,189,208 1,082,685 1,136,019 1,094,974 1,117,644 1,002,277 1,070,943 1,066,400 1,145,224 959,746 1,010,661 976,463 970,595 880,595 929,072 912,790
Sales 4,565,489 4,583,009 4,333,100 5,020,649 4,574,541 4,804,974 4,516,080 4,249,671 3,754,509 2,684,712 1,842,673 4,413,445 3,849,117 3,979,869 3,796,642 4,107,388 3,549,608 3,737,926 3,588,619 4,067,806 3,328,894 3,431,603 3,306,429 3,510,158 3,086,687 3,180,917 3,088,995
Profitability Ratio
Gross profit margin1 25.45% 26.01% 26.83% 27.53% 27.85% 27.98% 26.69% 21.49% 21.97% 22.12% 23.86% 28.07% 28.17% 28.19% 28.21% 28.41% 28.67% 28.81% 29.01% 28.95% 28.85% 28.78% 28.71% 28.70%
Benchmarks
Gross Profit Margin, Competitors2
Amazon.com Inc. 46.24% 45.53% 44.73% 43.81% 43.04% 42.65% 42.14% 42.03% 41.31% 40.68% 40.01% 39.57% 40.22% 40.27% 40.64% 40.99%
Home Depot Inc. 33.51% 33.53% 33.58% 33.63% 33.72% 33.72% 33.94% 33.95% 34.03% 34.10% 34.06% 34.09% 34.13% 34.20% 34.26% 34.34%
Lowe’s Cos. Inc. 33.38% 33.33% 33.49% 33.30% 33.06% 32.97% 33.06% 33.01% 32.94% 32.89% 32.23% 31.80% 31.85% 31.47% 31.72% 32.12%
TJX Cos. Inc. 27.92% 28.03% 28.45% 28.50% 28.78% 28.91% 27.61% 23.66% 23.97% 23.61% 25.04% 28.46% 28.30% 28.32% 28.49% 28.59%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q3 2023 Calculation
Gross profit margin = 100 × (Gross profit (loss)Q3 2023 + Gross profit (loss)Q2 2023 + Gross profit (loss)Q1 2023 + Gross profit (loss)Q4 2022) ÷ (SalesQ3 2023 + SalesQ2 2023 + SalesQ1 2023 + SalesQ4 2022)
= 100 × (1,141,443 + 1,183,474 + 1,136,654 + 1,247,013) ÷ (4,565,489 + 4,583,009 + 4,333,100 + 5,020,649) = 25.45%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ross Stores Inc. gross profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Operating Profit Margin

Ross Stores Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Operating earnings (loss) 448,076 516,411 467,158 491,146 522,776 676,315 642,631 402,003 165,233 85,097 (462,623) 587,329 478,080 544,049 536,724 541,675 440,700 516,362 541,977 591,918 442,449 512,385 501,644 476,793 390,424 459,561 475,866
Sales 4,565,489 4,583,009 4,333,100 5,020,649 4,574,541 4,804,974 4,516,080 4,249,671 3,754,509 2,684,712 1,842,673 4,413,445 3,849,117 3,979,869 3,796,642 4,107,388 3,549,608 3,737,926 3,588,619 4,067,806 3,328,894 3,431,603 3,306,429 3,510,158 3,086,687 3,180,917 3,088,995
Profitability Ratio
Operating profit margin1 10.39% 10.79% 11.52% 12.33% 12.37% 10.89% 8.52% 1.51% 2.95% 5.38% 8.14% 13.38% 13.35% 13.37% 13.40% 13.62% 13.99% 14.21% 14.49% 14.49% 14.24% 14.11% 13.97% 14.01%
Benchmarks
Operating Profit Margin, Competitors2
Amazon.com Inc. 4.76% 3.29% 2.54% 2.38% 2.58% 3.15% 4.12% 5.30% 6.18% 6.68% 6.63% 5.93% 5.72% 5.24% 4.76% 5.18%
Home Depot Inc. 15.33% 15.30% 15.20% 15.24% 15.10% 14.79% 14.70% 13.84% 14.01% 13.99% 13.85% 14.37% 14.26% 14.31% 14.36% 14.35%
Lowe’s Cos. Inc. 10.74% 12.76% 12.72% 12.56% 12.36% 11.79% 11.55% 10.77% 10.64% 10.53% 9.30% 8.75% 6.67% 5.83% 5.54% 5.63%
TJX Cos. Inc. 9.76% 9.77% 10.18% 9.79% 9.55% 9.32% 7.05% 1.81% 3.13% 3.26% 5.86% 10.59% 10.49% 10.56% 10.61% 10.82%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q3 2023 Calculation
Operating profit margin = 100 × (Operating earnings (loss)Q3 2023 + Operating earnings (loss)Q2 2023 + Operating earnings (loss)Q1 2023 + Operating earnings (loss)Q4 2022) ÷ (SalesQ3 2023 + SalesQ2 2023 + SalesQ1 2023 + SalesQ4 2022)
= 100 × (448,076 + 516,411 + 467,158 + 491,146) ÷ (4,565,489 + 4,583,009 + 4,333,100 + 5,020,649) = 10.39%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ross Stores Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Net Profit Margin

Ross Stores Inc., net profit margin calculation (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Net earnings (loss) 342,036 384,517 338,445 366,822 385,030 494,258 476,479 237,980 131,197 22,047 (305,842) 456,133 370,932 412,721 421,142 441,693 338,108 389,404 418,252 450,747 274,449 316,539 321,018 300,568 244,546 281,906 290,634
Sales 4,565,489 4,583,009 4,333,100 5,020,649 4,574,541 4,804,974 4,516,080 4,249,671 3,754,509 2,684,712 1,842,673 4,413,445 3,849,117 3,979,869 3,796,642 4,107,388 3,549,608 3,737,926 3,588,619 4,067,806 3,328,894 3,431,603 3,306,429 3,510,158 3,086,687 3,180,917 3,088,995
Profitability Ratio
Net profit margin1 7.74% 7.97% 8.46% 9.11% 8.78% 7.73% 5.71% 0.68% 2.39% 4.25% 6.63% 10.36% 10.47% 10.46% 10.47% 10.59% 10.68% 10.41% 10.13% 9.64% 8.93% 8.87% 8.77% 8.69%
Benchmarks
Net Profit Margin, Competitors2
Amazon.com Inc. 3.62% 2.43% 0.82% -0.53% 2.25% 2.39% 4.48% 7.10% 5.73% 6.64% 6.42% 5.53% 4.99% 4.10% 3.56% 4.13%
Home Depot Inc. 10.87% 10.88% 10.83% 10.87% 10.79% 10.55% 10.45% 9.74% 9.94% 9.91% 9.79% 10.20% 10.01% 10.18% 10.24% 10.28%
Lowe’s Cos. Inc. 6.97% 8.84% 8.85% 8.77% 8.63% 7.41% 7.23% 6.51% 6.29% 7.12% 6.17% 5.93% 4.11% 3.52% 3.31% 3.25%
TJX Cos. Inc. 6.90% 6.77% 6.69% 6.76% 5.85% 5.81% 4.00% 0.28% 2.24% 2.11% 4.57% 7.84% 7.70% 7.65% 7.69% 7.85%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q3 2023 Calculation
Net profit margin = 100 × (Net earnings (loss)Q3 2023 + Net earnings (loss)Q2 2023 + Net earnings (loss)Q1 2023 + Net earnings (loss)Q4 2022) ÷ (SalesQ3 2023 + SalesQ2 2023 + SalesQ1 2023 + SalesQ4 2022)
= 100 × (342,036 + 384,517 + 338,445 + 366,822) ÷ (4,565,489 + 4,583,009 + 4,333,100 + 5,020,649) = 7.74%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ross Stores Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Equity (ROE)

Ross Stores Inc., ROE calculation (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Net earnings (loss) 342,036 384,517 338,445 366,822 385,030 494,258 476,479 237,980 131,197 22,047 (305,842) 456,133 370,932 412,721 421,142 441,693 338,108 389,404 418,252 450,747 274,449 316,539 321,018 300,568 244,546 281,906 290,634
Stockholders’ equity 4,147,000 4,126,951 4,053,897 4,060,050 3,983,217 3,903,986 3,652,821 3,290,640 3,019,037 2,867,199 2,817,392 3,359,249 3,276,779 3,296,264 3,267,526 3,305,746 3,187,163 3,184,610 3,130,288 3,049,308 2,858,519 2,839,884 2,777,746 2,748,017 2,649,522 2,614,330 2,539,441
Profitability Ratio
ROE1 34.53% 35.74% 39.09% 42.43% 40.01% 34.32% 23.75% 2.59% 10.05% 18.95% 33.15% 49.44% 50.25% 48.95% 48.67% 48.02% 50.09% 48.13% 46.64% 44.69% 42.42% 41.65% 41.33% 40.67%
Benchmarks
ROE, Competitors2
Amazon.com Inc. 10.97% 7.75% 2.78% -1.86% 8.24% 8.83% 15.98% 24.13% 21.78% 25.64% 26.04% 22.84% 20.99% 17.88% 16.18% 18.67%
Home Depot Inc. 1,317.03% 7,124.47% 1,539.90% 736.64% 844.74% 390.00% 813.68%
Lowe’s Cos. Inc. 1,532.36% 406.05% 131.77% 131.40% 266.43% 217.09% 119.93% 95.76% 73.30% 63.50%
TJX Cos. Inc. 60.02% 62.26% 59.63% 54.69% 41.40% 39.21% 24.63% 1.55% 13.47% 15.26% 35.54% 55.01% 56.45% 57.76% 59.31% 60.61%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q3 2023 Calculation
ROE = 100 × (Net earnings (loss)Q3 2023 + Net earnings (loss)Q2 2023 + Net earnings (loss)Q1 2023 + Net earnings (loss)Q4 2022) ÷ Stockholders’ equity
= 100 × (342,036 + 384,517 + 338,445 + 366,822) ÷ 4,147,000 = 34.53%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ross Stores Inc. ROE deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Assets (ROA)

Ross Stores Inc., ROA calculation (quarterly data)

Microsoft Excel
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 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Selected Financial Data (US$ in thousands)
Net earnings (loss) 342,036 384,517 338,445 366,822 385,030 494,258 476,479 237,980 131,197 22,047 (305,842) 456,133 370,932 412,721 421,142 441,693 338,108 389,404 418,252 450,747 274,449 316,539 321,018 300,568 244,546 281,906 290,634
Total assets 13,100,095 13,179,922 13,233,698 13,640,256 13,915,734 13,641,400 13,395,863 12,717,867 12,570,666 11,322,245 10,728,046 9,348,367 9,415,841 9,151,947 9,049,120 6,073,691 6,235,767 5,963,756 6,020,836 5,722,051 5,766,978 5,514,479 5,552,975 5,309,351 5,349,887 5,194,234 5,114,177
Profitability Ratio
ROA1 10.93% 11.19% 11.97% 12.63% 11.45% 9.82% 6.48% 0.67% 2.41% 4.80% 8.71% 17.77% 17.49% 17.63% 17.57% 26.14% 25.60% 25.70% 24.25% 23.82% 21.03% 21.45% 20.67% 21.05%
Benchmarks
ROA, Competitors2
Amazon.com Inc. 4.12% 2.74% 0.92% -0.59% 2.64% 2.77% 5.21% 7.93% 6.87% 8.17% 8.33% 6.64% 6.16% 5.10% 4.77% 5.14%
Home Depot Inc. 22.24% 22.27% 21.57% 22.86% 21.82% 21.54% 20.35% 18.23% 18.66% 18.67% 18.68% 21.94% 21.23% 21.54% 21.80% 25.27%
Lowe’s Cos. Inc. 14.23% 18.04% 17.00% 18.91% 16.63% 14.19% 13.32% 12.49% 10.55% 11.06% 9.98% 10.85% 7.41% 6.21% 5.49% 6.71%
TJX Cos. Inc. 11.96% 12.40% 12.04% 11.53% 8.87% 8.73% 4.99% 0.29% 2.38% 2.68% 6.63% 13.55% 12.88% 13.40% 13.53% 21.36%

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

1 Q3 2023 Calculation
ROA = 100 × (Net earnings (loss)Q3 2023 + Net earnings (loss)Q2 2023 + Net earnings (loss)Q1 2023 + Net earnings (loss)Q4 2022) ÷ Total assets
= 100 × (342,036 + 384,517 + 338,445 + 366,822) ÷ 13,100,095 = 10.93%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Ross Stores Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.