Ross Stores, Inc. (ROST) Key Metrics
ROST valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $75.68B
- Enterprise value
- $74.73B
- P/E (TTM)
- 28.6 10-yr median 24.1
- Forward P/E
- 27.4
- PEG ratio
- 2.49
- Price / sales
- 3.1 10-yr median 2.3
- Price / book
- 11.0 10-yr median 9.8
- EV / EBITDA
- 18.3 10-yr median 15.9
- Dividend yield
- 0.75% $1.78 a year
- Beta
- 0.84
ROST key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsROST valuation Price multiples at each fiscal year-end price.
ROST returns How much profit the business earns on the capital it uses.
ROST per-share figures Results divided by the shares outstanding at year-end.
ROST financial health Debt, liquidity and how easily interest is covered.
ROST efficiency & capital use Working capital cycle and where the cash goes.
ROST valuation history
ROST returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ROST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ROST cash returned to shareholders
ROST price vs earnings per share
ROST key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $60.92B | $49.83B | $47.34B | $40.80B | $34.58B | $39.47B | $40.52B | $34.33B | $31.66B | $26.11B |
| Enterprise value | $61.54B | $50.78B | $48.21B | $41.96B | $35.28B | $40.38B | $42.66B | $33.23B | $30.77B | $25.40B |
| P/E ratio | 28.4 | 23.8 | 25.3 | 27.0 | 20.1 | 462.2 | 24.4 | 21.6 | 23.2 | 23.4 |
| Price / sales | 2.7 | 2.4 | 2.3 | 2.2 | 1.8 | 3.1 | 2.5 | 2.3 | 2.2 | 2.0 |
| Price / book | 9.8 | 9.0 | 9.7 | 9.5 | 8.5 | 12.0 | 12.1 | 10.4 | 10.4 | 9.5 |
| Price / free cash flow | 27.6 | 30.4 | 27.0 | 39.4 | 29.3 | 21.4 | 25.1 | 20.8 | 24.2 | 20.7 |
| Price / operating cash flow | 20.1 | 21.1 | 18.8 | 24.2 | 19.9 | 17.6 | 18.7 | 16.6 | 18.8 | 16.7 |
| EV / sales | 2.7 | 2.4 | 2.4 | 2.2 | 1.9 | 3.2 | 2.7 | 2.2 | 2.2 | 2.0 |
| EV / EBITDA | 18.2 | 15.5 | 16.3 | 17.0 | 13.1 | 72.3 | 16.9 | 13.9 | 13.0 | 12.0 |
| EV / free cash flow | 27.9 | 31.0 | 27.5 | 40.5 | 29.9 | 21.9 | 26.4 | 20.1 | 23.5 | 20.1 |
| Earnings yield | 3.5% | 4.2% | 4.0% | 3.7% | 5.0% | 0.2% | 4.1% | 4.6% | 4.3% | 4.3% |
| Free cash flow yield | 3.6% | 3.3% | 3.7% | 2.5% | 3.4% | 4.7% | 4.0% | 4.8% | 4.1% | 4.8% |
| Dividend yield | 0.9% | 1.0% | 1.0% | 1.1% | 1.2% | 0.3% | 0.9% | 1.0% | 0.8% | 0.8% |
| Shareholder yield (dividends + buybacks) | 2.7% | 3.3% | 3.1% | 3.5% | 3.2% | 0.7% | 4.2% | 4.3% | 3.7% | 3.7% |
| Share price at fiscal year-end | $188.65 | $150.56 | $140.28 | $118.19 | $97.75 | $111.29 | $112.19 | $92.12 | $82.39 | $66.11 |
| Per share | ||||||||||
| Revenue per share | $70.45 | $63.84 | $60.39 | $54.16 | $53.48 | $35.34 | $44.41 | $40.21 | $36.78 | $32.58 |
| Earnings per share | $6.64 | $6.32 | $5.56 | $4.38 | $4.87 | $0.24 | $4.60 | $4.26 | $3.55 | $2.83 |
| Operating cash flow per share | $9.37 | $7.12 | $7.45 | $4.89 | $4.92 | $6.33 | $6.01 | $5.55 | $4.37 | $3.95 |
| Free cash flow per share | $6.84 | $4.95 | $5.19 | $3.00 | $3.34 | $5.19 | $4.47 | $4.43 | $3.41 | $3.19 |
| Cash per share | $14.23 | $14.29 | $14.44 | $13.19 | $13.92 | $13.59 | $3.74 | $3.79 | $3.36 | $2.81 |
| Book value per share | $19.16 | $16.64 | $14.44 | $12.42 | $11.48 | $9.28 | $9.30 | $8.87 | $7.93 | $6.96 |
| Tangible book value per share | $19.16 | $16.64 | $14.44 | $12.42 | $11.48 | $9.28 | $9.30 | $8.87 | $7.93 | $6.96 |
| Dividends per share | $1.64 | $1.48 | $1.35 | $1.25 | $1.15 | $0.29 | $1.02 | $0.90 | $0.64 | $0.54 |
| Capex per share | $2.54 | $2.18 | $2.26 | $1.89 | $1.58 | $1.14 | $1.54 | $1.11 | $0.97 | $0.75 |
| Debt per share | $16.14 | $17.17 | $17.03 | $16.53 | $15.89 | $16.17 | $9.66 | $0.84 | $1.03 | $1.00 |
| Shares outstanding | 322.9M | 331.0M | 337.4M | 345.2M | 353.7M | 354.6M | 361.2M | 372.7M | 384.3M | 395.0M |
| Change in shares outstanding | −2.4% | −1.9% | −2.3% | −2.4% | −0.2% | −1.8% | −3.1% | −3.0% | −2.7% | −2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 36.7% | 40.3% | 40.9% | 36.2% | 46.9% | 2.6% | 49.8% | 50.0% | 47.0% | 42.8% |
| Return on invested capital (ROIC) | 30.8% | 32.1% | 31.3% | 29.7% | 39.7% | 7.1% | 42.8% | 72.4% | 65.3% | 54.5% |
| Return on assets (ROA) | 14.1% | 14.3% | 13.5% | 11.2% | 13.1% | 0.8% | 21.5% | 26.9% | 24.7% | 22.0% |
| Return on tangible assets | 13.8% | 14.0% | 13.1% | 11.3% | 12.6% | 0.7% | 17.8% | 26.1% | 23.8% | 21.1% |
| Free cash flow margin | 9.7% | 7.7% | 8.6% | 5.5% | 6.2% | 14.7% | 10.1% | 11.0% | 9.3% | 9.8% |
| Income quality (OCF / net income) | 1.41 | 1.13 | 1.34 | 1.12 | 1.01 | 26.30 | 1.31 | 1.30 | 1.23 | 1.39 |
| Financial health | ||||||||||
| Total debt | $5.21B | $5.68B | $5.75B | $5.71B | $5.62B | $5.73B | $3.49B | $312.4M | $397.0M | $396.5M |
| Cash & short-term investments | $4.59B | $4.73B | $4.87B | $4.55B | $4.92B | $4.82B | $1.35B | $1.41B | $1.29B | $1.11B |
| Net debt | $617.9M | $951.7M | $875.3M | $1.15B | $699.8M | $913.5M | $2.14B | −$1.10B | −$893.8M | −$715.1M |
| Debt / equity | 0.84 | 1.03 | 1.18 | 1.33 | 1.38 | 1.74 | 1.04 | 0.09 | 0.13 | 0.14 |
| Debt / assets | 0.34 | 0.38 | 0.40 | 0.43 | 0.41 | 0.45 | 0.37 | 0.05 | 0.07 | 0.07 |
| Net debt / EBITDA | 0.18 | 0.29 | 0.30 | 0.47 | 0.26 | 1.64 | 0.85 | −0.46 | −0.38 | −0.34 |
| Current ratio | 1.58 | 1.62 | 1.77 | 1.90 | 1.77 | 1.69 | 1.27 | 1.69 | 1.64 | 1.61 |
| Quick ratio | 1.04 | 1.09 | 1.24 | 1.34 | 1.24 | 1.31 | 0.59 | 0.82 | 0.78 | 0.74 |
| Interest coverage | 82.3 | 40.8 | 31.1 | 24.7 | 31.0 | 4.9 | 220.3 | 124.4 | 108.7 | 92.1 |
| Working capital | $2.81B | $2.88B | $3.21B | $3.27B | $3.26B | $2.73B | $730.9M | $1.39B | $1.22B | $1.06B |
| Invested capital | $6.81B | $6.46B | $5.75B | $5.44B | $4.76B | $4.20B | $5.50B | $2.21B | $2.16B | $2.03B |
| Tangible asset value | $6.19B | $5.51B | $4.87B | $4.29B | $4.06B | $3.29B | $3.36B | $3.31B | $3.05B | $2.75B |
| Net current asset value | −$1.72B | −$1.86B | −$2.03B | −$2.22B | −$2.11B | −$2.73B | −$2.56B | $636.1M | $478.4M | $251.7M |
| Graham number | $53.51 | $48.64 | $42.48 | $34.99 | $35.46 | $7.09 | $31.02 | $29.16 | $25.16 | $21.05 |
| Graham net-net per share | −$10.27 | −$10.08 | −$9.96 | −$10.01 | −$9.72 | −$10.62 | −$10.09 | −$1.09 | −$1.29 | −$1.61 |
| Capital allocation | ||||||||||
| Dividends paid | $528.1M | $488.7M | $454.8M | $431.3M | $405.1M | $101.4M | $369.8M | $337.2M | $247.5M | $214.6M |
| Share buybacks (net) | $1.13B | $1.14B | $998.6M | $998.9M | $707.3M | $177.7M | $1.34B | $1.13B | $920.4M | $743.3M |
| Dividend payout ratio | 24.6% | 23.4% | 24.3% | 28.5% | 23.5% | 118.8% | 22.3% | 21.2% | 18.2% | 19.2% |
| Dividends + buybacks / free cash flow | 75.1% | 99.3% | 83.0% | 138.1% | 94.2% | 15.2% | 105.5% | 88.7% | 89.2% | 76.0% |
| Capex / revenue | 3.6% | 3.4% | 3.7% | 3.5% | 2.9% | 3.2% | 3.5% | 2.8% | 2.6% | 2.3% |
| Capex / operating cash flow | 27.1% | 30.6% | 30.3% | 38.7% | 32.1% | 18.1% | 25.6% | 20.0% | 22.1% | 19.1% |
| Capex / depreciation | 1.61 | 1.61 | 1.82 | 1.66 | 1.55 | 1.11 | 1.58 | 1.25 | 1.19 | 0.98 |
| Stock-based compensation / revenue | 0.8% | 0.7% | 0.7% | 0.7% | 0.7% | 0.8% | 0.6% | 0.6% | 0.6% | 0.6% |
| SG&A / revenue | 15.8% | 15.5% | 16.0% | 14.8% | 15.2% | 19.6% | 14.7% | 14.8% | 14.5% | 14.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 2.6 | 2.4 | 2.5 | 2.6 | 2.3 | 3.2 | 2.3 | 2.2 | 2.1 | 2.1 |
| Days of inventory on hand | 56.5 | 55.5 | 52.0 | 56.1 | 50.2 | 62.0 | 56.7 | 57.7 | 57.3 | 58.3 |
| Days payables outstanding | 50.2 | 48.8 | 48.9 | 57.3 | 61.6 | 65.9 | 39.1 | 38.1 | 37.8 | 39.1 |
| Cash conversion cycle (days) | 8.9 | 9.0 | 5.6 | 1.3 | -9.2 | -0.8 | 19.8 | 21.9 | 21.6 | 21.3 |
| Receivables turnover | 139.67 | 153.53 | 147.41 | 141.13 | 161.46 | 115.34 | 161.24 | 162.35 | 173.41 | 172.96 |
| Payables turnover | 7.26 | 7.48 | 7.46 | 6.36 | 5.92 | 5.54 | 9.33 | 9.59 | 9.65 | 9.33 |
| Inventory turnover | 6.46 | 6.58 | 7.02 | 6.51 | 7.27 | 5.89 | 6.44 | 6.32 | 6.37 | 6.26 |
| Asset turnover | 1.49 | 1.45 | 1.47 | 1.38 | 1.44 | 1.14 | 2.08 | 2.54 | 2.56 | 2.53 |
| Average receivables | $162.9M | $137.6M | $138.2M | $132.5M | $117.2M | $108.7M | $99.5M | $92.3M | $81.5M | $74.4M |
| Average payables | $2.26B | $2.04B | $1.98B | $2.19B | $2.31B | $1.78B | $1.24B | $1.12B | $1.04B | $983.6M |
| Average inventory | $2.54B | $2.32B | $2.11B | $2.14B | $1.89B | $1.67B | $1.79B | $1.70B | $1.58B | $1.47B |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ROST's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ROST valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), Ross Stores traded at 28.4 times earnings, against a 10-year median of 24.1. Based on the latest twelve months, the trailing P/E is 28.6 and the forward P/E is 27.4. Ross Stores earned a return on equity of 36.7% and a return on invested capital of 30.8% in fiscal 2026. It ended the year with $5.2 billion of debt and $4.6 billion in cash and short-term investments, net debt of $617.9 million. It returned $1.7 billion to shareholders: $528.1 million in dividends and $1.1 billion in share buybacks, 75% of free cash flow. The share count fell 18.2% from 395.0M to 322.9M over 9 years.
See the ROST income statement, the ROST chart for price history, or the ROST stock overview for the latest quote and news.
ROST key metrics FAQ
What is Ross Stores's P/E ratio?
Ross Stores's trailing P/E ratio is 28.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 27.4. At the end of fiscal 2026 it was 28.4, compared with a 10-year median of 24.1.
What is Ross Stores's EV/EBITDA?
Ross Stores's enterprise value was 18.2 times EBITDA at the end of fiscal 2026 (enterprise value $61.5 billion, EBITDA $3.4 billion); the current EV/EBITDA is 18.3.
What is Ross Stores's return on equity?
Ross Stores's return on equity (ROE) was 36.7% in fiscal 2026: net income of $2.1 billion on average shareholders' equity of $5.8 billion.
What is Ross Stores's ROIC?
Ross Stores's return on invested capital was 30.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Ross Stores have?
Ross Stores had total debt of $5.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.84 and $617.9 million of net debt (0.18 times EBITDA).
What is Ross Stores's dividend yield?
Ross Stores's forward dividend yield is 0.75%. Ross Stores paid $528.1 million in dividends in fiscal 2026 ($1.64 per share), a payout ratio of 24.6%.
Does Ross Stores buy back its shares?
Yes. Ross Stores spent $1.1 billion on net share repurchases in fiscal 2026 Shares outstanding changed −2.4% over the year, to 322.9M..
What is Ross Stores's free cash flow yield?
Ross Stores generated $2.2 billion of free cash flow in fiscal 2026, a free cash flow yield of 3.6% on its market value at year-end ($60.9 billion).
What is Ross Stores's current ratio?
Ross Stores's current ratio was 1.58 at the end of fiscal 2026: current assets were 1.58 times current liabilities.