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.

Common-Size Income Statement

Ross Stores Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -72.47 -78.51 -71.93 -71.59 -71.05 -71.30
Gross profit 27.53% 21.49% 28.07% 28.41% 28.95% 28.70%
Selling, general and administrative -15.20 -19.98 -14.69 -14.79 -14.46 -14.69
Operating earnings 12.33% 1.51% 13.38% 13.62% 14.49% 14.01%
Interest expense on long-term debt -0.47 -0.71 -0.08 -0.12 -0.13 -0.14
Interest expense on short-term debt 0.00 -0.06 0.00 0.00 0.00 0.00
Other interest expense -0.01 -0.03 -0.01 -0.01 -0.01 -0.01
Capitalized interest 0.08 0.10 0.03 0.02 0.01 0.00
Interest expense -0.40% -0.70% -0.06% -0.11% -0.13% -0.15%
Interest income 0.00 0.04 0.17 0.18 0.08 0.02
Interest income (expense), net -0.39% -0.67% 0.11% 0.07% -0.05% -0.13%
Earnings before taxes 11.94% 0.85% 13.49% 13.69% 14.44% 13.88%
Provision for taxes on earnings -2.83 -0.17 -3.14 -3.09 -4.80 -5.20
Net earnings 9.11% 0.68% 10.36% 10.59% 9.64% 8.69%

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

Income statement item Description The company
Operating earnings The net result for the period of deducting operating expenses from operating revenues. Ross Stores Inc. operating earnings as a percentage of sales decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Earnings before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Ross Stores Inc. earnings before taxes as a percentage of sales decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Ross Stores Inc. net earnings as a percentage of sales decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.