Stock Analysis on Net

Ross Stores Inc. (NASDAQ:ROST)

$22.49

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

Return on Equity (ROE)
since 2005

Microsoft Excel

Calculation

Ross Stores Inc., ROE, long-term trends, calculation

Microsoft Excel

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


Net Earnings
Net earnings showed a consistent upward trend from 2005 through 2020, increasing from approximately $170 million to over $1.66 billion during this period. The growth was steady year-over-year, demonstrating strong profitability expansion. However, 2021 witnessed a sharp decline to about $85 million, representing a significant anomaly likely due to extraordinary circumstances. The subsequent year rebounded to approximately $1.72 billion, indicating a recovery from the previous year's downturn.
Stockholders’ Equity
Stockholders’ equity exhibited a generally increasing trend over the entire span from 2005 to 2022. Starting at roughly $766 million, equity steadily grew each year, reaching over $4.06 billion by 2022. Despite minor fluctuations, the equity base expanded significantly, indicating consistent retention of earnings and capital contributions contributing to stronger financial foundations.
Return on Equity (ROE)
ROE followed a robust upward trajectory from 22.19% in 2005, peaking at 49.44% in 2020. This increase reflects improving efficiency in generating net earnings relative to stockholders' equity over the years. The year 2021 showed a substantial decline in ROE down to 2.59%, aligning with the notable drop in net earnings for that year. The ratio then recovered strongly to 42.43% by 2022, indicating a return to higher profitability levels relative to equity.
Summary of Trends and Insights
The data depicts strong, continuous growth in net earnings and stockholders’ equity over more than a decade, accompanied by improving ROE figures, signaling efficient use of equity to generate profits. The pronounced dip in 2021 across net earnings and ROE likely corresponds to an extraordinary event impacting financial performance, followed by a rapid recovery in the subsequent period. The overall financial health appears robust, supported by a growing equity base and resilient profitability metrics.

Comparison to Competitors

Ross Stores Inc., ROE, long-term trends, comparison to competitors

Microsoft Excel

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., ROE, long-term trends, comparison to sector (consumer discretionary distribution & retail)

Microsoft Excel

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)