Net Profit Margin
since 2005
Calculation
Ross Stores Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings1 | ÷ | Sales1 | |
|---|---|---|---|---|---|---|---|
| Jan 29, 2022 | 9.11% | = | 100 | × | 1,722,589) | ÷ | 18,916,244) |
| Jan 30, 2021 | 0.68% | = | 100 | × | 85,382) | ÷ | 12,531,565) |
| Feb 1, 2020 | 10.36% | = | 100 | × | 1,660,928) | ÷ | 16,039,073) |
| Feb 2, 2019 | 10.59% | = | 100 | × | 1,587,457) | ÷ | 14,983,541) |
| Feb 3, 2018 | 9.64% | = | 100 | × | 1,362,753) | ÷ | 14,134,732) |
| Jan 28, 2017 | 8.69% | = | 100 | × | 1,117,654) | ÷ | 12,866,757) |
| Jan 30, 2016 | 8.55% | = | 100 | × | 1,020,661) | ÷ | 11,939,999) |
| Jan 31, 2015 | 8.37% | = | 100 | × | 924,724) | ÷ | 11,041,677) |
| Feb 1, 2014 | 8.18% | = | 100 | × | 837,304) | ÷ | 10,230,353) |
| Feb 2, 2013 | 8.09% | = | 100 | × | 786,763) | ÷ | 9,721,065) |
| Jan 28, 2012 | 7.63% | = | 100 | × | 657,170) | ÷ | 8,608,291) |
| Jan 29, 2011 | 7.05% | = | 100 | × | 554,797) | ÷ | 7,866,100) |
| Jan 30, 2010 | 6.16% | = | 100 | × | 442,757) | ÷ | 7,184,213) |
| Jan 31, 2009 | 4.71% | = | 100 | × | 305,441) | ÷ | 6,486,139) |
| Feb 2, 2008 | 4.37% | = | 100 | × | 261,051) | ÷ | 5,975,212) |
| Feb 3, 2007 | 4.34% | = | 100 | × | 241,634) | ÷ | 5,570,210) |
| Jan 28, 2006 | 4.04% | = | 100 | × | 199,632) | ÷ | 4,944,179) |
| Jan 29, 2005 | 4.01% | = | 100 | × | 169,902) | ÷ | 4,239,990) |
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), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
1 US$ in thousands
The financial data reveals a generally positive trend in the company's performance over the period from 2005 to 2022, with notable fluctuations in the most recent years.
- Sales
- There is a consistent upward trajectory in sales figures from 2005 through 2020, with values increasing from approximately 4.24 billion US dollars to over 16 billion US dollars. This growth trend is interrupted in 2021, where sales decline significantly to about 12.53 billion US dollars, followed by a sharp recovery in 2022, reaching nearly 18.92 billion US dollars.
- Net Earnings
- Net earnings follow a similar upward pattern, rising steadily from around 170 million US dollars in 2005 to a peak of approximately 1.66 billion US dollars in 2020. A sharp drop is observed in 2021, with net earnings falling to approximately 85 million US dollars, before rebounding to around 1.72 billion US dollars in 2022. This decline in 2021 notably contrasts the otherwise continuous growth seen over the years.
- Net Profit Margin
- The net profit margin shows improvement throughout most of the period, increasing from just over 4% in 2005 to a high of 10.59% in 2019. Margins remain elevated through 2020 at over 10%, but this is followed by a dramatic decrease in 2021 to 0.68%, before recovering to 9.11% in 2022. This sharp contraction in 2021 suggests extraordinary or adverse circumstances affecting profitability that year.
Overall, the company exhibits strong growth in sales and profitability over the long term, indicating effective operations and market expansion. The significant downturn in both earnings and margin in 2021 is a striking anomaly within the dataset, suggesting the impact of external factors or internal challenges that notably disrupted financial performance. The subsequent recovery in 2022 implies a return to operational stability and profitability.
Comparison to Competitors
Ross Stores Inc., net profit margin, long-term trends, comparison to competitors
| Ross Stores Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Jan 29, 2022 | 9.11% | -0.53% | 10.87% | 8.77% | 6.76% |
| Jan 30, 2021 | 0.68% | 7.10% | 9.74% | 6.51% | 0.28% |
| Feb 1, 2020 | 10.36% | 5.53% | 10.20% | 5.93% | 7.84% |
| Feb 2, 2019 | 10.59% | 4.13% | 10.28% | 3.25% | 7.85% |
| Feb 3, 2018 | 9.64% | 4.33% | 8.55% | 5.02% | 7.27% |
| Jan 28, 2017 | 8.69% | 1.71% | 8.41% | 4.76% | 6.93% |
| Jan 30, 2016 | 8.55% | 1.74% | 7.92% | 4.31% | 7.36% |
| Jan 31, 2015 | 8.37% | 0.56% | 7.63% | 4.80% | 7.62% |
| Feb 1, 2014 | 8.18% | -0.27% | 6.83% | 4.28% | 7.79% |
| Feb 2, 2013 | 8.09% | 0.37% | 6.07% | 3.88% | 7.37% |
| Jan 28, 2012 | 7.63% | -0.06% | 5.52% | 3.66% | 6.45% |
| Jan 29, 2011 | 7.05% | 1.31% | 4.91% | 4.12% | 6.12% |
| Jan 30, 2010 | 6.16% | 3.37% | 4.02% | 3.78% | 5.98% |
| Jan 31, 2009 | 4.71% | 3.68% | 3.17% | 4.55% | 4.63% |
| Feb 2, 2008 | 4.37% | 3.37% | 5.68% | 5.82% | 4.14% |
| Feb 3, 2007 | 4.34% | 3.21% | 6.34% | 6.62% | 4.24% |
| Jan 28, 2006 | 4.04% | 1.77% | 7.16% | 6.41% | 4.30% |
| Jan 29, 2005 | 4.01% | 4.23% | 6.84% | 5.97% | 4.45% |
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), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Ross Stores Inc., net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Ross Stores Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Jan 29, 2022 | 9.11% | 3.14% |
| Jan 30, 2021 | 0.68% | 7.21% |
| Feb 1, 2020 | 10.36% | 6.58% |
| Feb 2, 2019 | 10.59% | 5.63% |
| Feb 3, 2018 | 9.64% | 5.65% |
| Jan 28, 2017 | 8.69% | 4.42% |
| Jan 30, 2016 | 8.55% | 4.52% |
| Jan 31, 2015 | 8.37% | 4.30% |
| Feb 1, 2014 | 8.18% | 3.85% |
| Feb 2, 2013 | 8.09% | 3.85% |
| Jan 28, 2012 | 7.63% | 3.50% |
| Jan 29, 2011 | 7.05% | 3.92% |
| Jan 30, 2010 | 6.16% | 4.06% |
| Jan 31, 2009 | 4.71% | 3.83% |
| Feb 2, 2008 | 4.37% | 5.27% |
| Feb 3, 2007 | 4.34% | 5.93% |
| Jan 28, 2006 | 4.04% | 6.26% |
| Jan 29, 2005 | 4.01% | 6.17% |
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), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Industry (Consumer Discretionary)
Ross Stores Inc., net profit margin, long-term trends, comparison to industry (consumer discretionary)
| Ross Stores Inc. | Consumer Discretionary | |
|---|---|---|
| Jan 29, 2022 | 9.11% | 5.02% |
| Jan 30, 2021 | 0.68% | 9.12% |
| Feb 1, 2020 | 10.36% | 5.18% |
| Feb 2, 2019 | 10.59% | 5.92% |
| Feb 3, 2018 | 9.64% | 6.19% |
| Jan 28, 2017 | 8.69% | 4.38% |
| Jan 30, 2016 | 8.55% | 5.77% |
| Jan 31, 2015 | 8.37% | 6.37% |
| Feb 1, 2014 | 8.18% | 4.66% |
| Feb 2, 2013 | 8.09% | 5.29% |
| Jan 28, 2012 | 7.63% | 5.32% |
| Jan 29, 2011 | 7.05% | 8.80% |
| Jan 30, 2010 | 6.16% | 5.80% |
| Jan 31, 2009 | 4.71% | 4.94% |
| Feb 2, 2008 | 4.37% | 0.22% |
| Feb 3, 2007 | 4.34% | 3.23% |
| Jan 28, 2006 | 4.04% | 0.73% |
| Jan 29, 2005 | 4.01% | 4.49% |
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), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).