Ross Historical Income Statement

ROST Stock  USD 131.58  0.90  0.68%   
Historical analysis of Ross Stores income statement accounts such as Other Operating Expenses of 19 B, Operating Income of 2.4 B, EBIT of 2.4 B or Ebitda of 2.9 B can show how well Ross Stores performed in making a profits. Evaluating Ross Stores income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ross Stores's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ross Stores latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ross Stores is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.

About Ross Income Statement Analysis

Ross Stores Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ross Stores shareholders. The income statement also shows Ross investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ross Stores Income Statement Chart

Ross Stores Income Statement is one of the three primary financial statements used for reporting Ross's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ross Stores revenue and expense. Ross Stores Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ross Stores' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 3.4 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 407 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ross Stores minus its cost of goods sold. It is profit before Ross Stores operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ross Stores. It is also known as Ross Stores overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Ross Stores operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ross Stores is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Ross Stores' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ross Stores current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.At this time, Ross Stores' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 3.4 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 407 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B4.7B5.6B5.9B
Total Revenue18.9B18.7B20.4B21.4B

Ross Stores income statement Correlations

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0.630.580.510.620.190.190.260.60.710.20.260.28-0.060.73-0.310.190.48-0.390.66-0.6
0.960.580.991.00.840.840.891.00.980.840.430.880.580.970.210.380.580.120.74-0.14
0.920.510.990.970.910.920.950.970.940.920.460.940.690.930.340.430.570.250.670.01
0.970.621.00.970.790.790.851.00.990.80.410.840.520.990.140.360.580.040.77-0.21
0.720.190.840.910.791.01.00.810.721.00.430.980.870.710.630.440.450.580.410.37
0.720.190.840.920.791.01.00.810.721.00.430.980.870.710.630.440.450.580.420.37
0.780.260.890.950.851.01.00.860.780.990.430.980.840.770.560.440.470.50.470.29
0.970.61.00.971.00.810.810.860.990.810.410.850.540.980.160.350.570.070.76-0.19
0.970.710.980.940.990.720.720.780.990.720.420.780.441.00.040.360.6-0.060.8-0.31
0.710.20.840.920.81.01.00.990.810.720.50.990.860.720.640.510.520.590.460.39
0.330.260.430.460.410.430.430.430.410.420.50.520.350.450.460.990.950.410.670.37
0.750.280.880.940.840.980.980.980.850.780.990.520.760.780.610.510.550.540.540.31
0.46-0.060.580.690.520.870.870.840.540.440.860.350.760.430.630.420.310.630.110.55
0.970.730.970.930.990.710.710.770.981.00.720.450.780.430.050.390.63-0.050.81-0.3
-0.02-0.310.210.340.140.630.630.560.160.040.640.460.610.630.050.50.330.990.10.87
0.280.190.380.430.360.440.440.440.350.360.510.990.510.420.390.50.920.460.570.46
0.50.480.580.570.580.450.450.470.570.60.520.950.550.310.630.330.920.250.830.14
-0.11-0.390.120.250.040.580.580.50.07-0.060.590.410.540.63-0.050.990.460.25-0.020.92
0.710.660.740.670.770.410.420.470.760.80.460.670.540.110.810.10.570.83-0.02-0.26
-0.32-0.6-0.140.01-0.210.370.370.29-0.19-0.310.390.370.310.55-0.30.870.460.140.92-0.26
Click cells to compare fundamentals

Ross Stores Account Relationship Matchups

Ross Stores income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization350.9M364.2M360.7M394.7M419.4M440.4M
Interest Expense9.7M88.1M75.2M2.8M74.1M77.8M
Total Revenue16.0B12.5B18.9B18.7B20.4B21.4B
Gross Profit4.5B2.7B5.2B4.7B5.6B5.9B
Other Operating Expenses13.9B12.3B16.6B16.7B18.1B19.0B
Operating Income2.1B189.7M2.3B2.0B2.3B2.4B
Ebit2.1B189.7M2.3B2.0B2.3B2.4B
Ebitda2.5B554.0M2.7B2.4B2.7B2.9B
Cost Of Revenue11.5B9.8B13.7B13.9B14.8B15.5B
Total Operating Expenses2.4B2.5B2.9B2.8B3.3B3.4B
Income Before Tax2.2B106.3M2.3B2.0B2.5B2.6B
Total Other Income Expense Net18.1M(83.4M)(74.3M)(2.8M)164.1M172.3M
Net Income1.7B85.4M1.7B1.5B1.9B2.0B
Income Tax Expense503.4M20.9M536.0M475.4M597.3M627.1M
Selling General Administrative2.3B2.5B2.8B2.7B3.3B3.4B
Tax Provision503.4M20.9M536.0M475.4M597.3M476.0M
Net Interest Income18.1M(83.4M)(74.3M)(2.8M)164.1M172.3M
Interest Income27.8M4.7M833K77.7M238.2M250.1M
Net Income From Continuing Ops1.7B85.4M1.7B1.5B1.9B1.5B
Reconciled Depreciation350.9M364.2M360.7M394.7M419.4M407.0M
Net Income Applicable To Common Shares1.7B85.4M1.7B1.5B1.4B1.1B

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When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Ross Stores' price analysis, check to measure Ross Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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Is Ross Stores' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ross Stores. If investors know Ross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ross Stores listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.401
Dividend Share
1.34
Earnings Share
5.56
Revenue Per Share
60.793
Quarterly Revenue Growth
0.155
The market value of Ross Stores is measured differently than its book value, which is the value of Ross that is recorded on the company's balance sheet. Investors also form their own opinion of Ross Stores' value that differs from its market value or its book value, called intrinsic value, which is Ross Stores' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ross Stores' market value can be influenced by many factors that don't directly affect Ross Stores' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ross Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ross Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ross Stores' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.