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Ross Stores

ROST on Nasdaq. Ross Stores sells discounted brand clothing and home goods to middle- and lower-income shoppers. Market value $72.3bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to July 2026. Quality checks use five annual reports, the latest for the year to January 2026.

Should I look at this?

Worth a closer look

Why it could be worth it

What to watch out for

Read what could go wrong

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to July 2026
3.9%fair

For every $100 of what the whole company costs, it produced $3.90 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to July 2026
20.3×full

You pay 20.3 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to January 2026
71.7%five-year median

Each dollar kept in the business earns 72 cents a year. Above 10 is good.

Quality score: 95 of 100. Price score: 60 of 100. Our list needs 70 on quality and 60 on price.

$224.21 a share, 52% above its 1-year low

Over the past year the price has ranged from $147.49 to $257.00.

Dividend: 0.7% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

1.2
1.0
1.8
1.6
2.2
2.8
2022202320242025202612 monthsto Jul '26
Revenue
$18.9bn$18.7bn$20.4bn$21.1bn$22.8bn
Operating margin
12.3%10.6%11.3%12.2%11.9%
Debt to equity
0.600.570.510.400.25
Shares outstanding
0.34bn0.34bn0.33bn0.32bn0.32bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Nothing unusual
  • Financial strength (Piotroski)7 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.25× equity
  • Revenue growth, five yearsStrong, 12.7% a year
  • Buying back its own sharesYes, 7% fewer since 2022

The quarter to July 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $6.3 billion last quarter, up 13% on a year ago.
  • Profit: $851 million, up 68% on a year ago.
  • It keeps 14 cents of each $1 of sales as operating profit, up from 12 cents a year earlier.
  • Spare cash over the past 12 months: $2.8 billion, up from $1.7 billion.
  • 2% fewer shares than a year ago. Each share owns a bit more of the company.
  • It has $3.3 billion more cash than debt, up from $2.3 billion a year ago.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
October 2024$5.1bn
January 2025$5.9bn
April 2025$5.0bn
July 2025$5.5bn
October 2025$5.6bn
January 2026$6.6bn
April 2026$6.0bn
July 2026$6.3bn
Profit by quarter
Profit by quarter
Quarter toAmount
October 2024$489m
January 2025$587m
April 2025$479m
July 2025$508m
October 2025$512m
January 2026$646m
April 2026$650m
July 2026$851m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
19 November 2026
Last annual report (10-K)
31 March 2026
Next quarterly (estimated, 10-Q)
1 December 2026

Who owns it

8 long-term investors we follow own it, down from 9 last quarter. 1,415 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

2 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 7 sold $24m, $5m of it under preset trading plans.

  • Brinkley Stephen C
    PRESIDENT, OPERATIONS
    Sold
    Date
    14 September 2026
    Shares
    6,424
    Price
    $229.66
    Value
    $1m
  • Conroy James Grant
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    Date
    14 September 2026
    Shares
    49,205
    Price
    $229.48
    Value
    $11m
  • Sheehan William W II
    EVP, CHIEF FINANCIAL OFFICER
    Sold
    Date
    26 March 2026
    Shares
    4,883
    Price
    $216.95
    Value
    $1m
  • Sykes Karen
    PRESIDENT, CMO DD'S DISCOUNTS
    Sold
    Date
    25 March 2026
    Shares
    5,506
    Price
    $213.40
    Value
    $1m
  • Hartshorn Michael J.
    GROUP PRESIDENT, COO, Director
    Sold
    under a preset trading plan
    Date
    25 March 2026
    Shares
    15,813
    Price
    $214.91
    Value
    $3m
  • Fleming Karen
    PRES, CMO ROSS DRESS FOR LESS
    Sold
    Date
    24 March 2026
    Shares
    7,000
    Price
    $212.76
    Value
    $1m
  • Brinkley Stephen C
    PRESIDENT, OPERATIONS
    Sold
    Date
    24 March 2026
    Shares
    4,154
    Price
    $212.91
    Value
    $884,428
  • Hartshorn Michael J.
    GROUP PRESIDENT, COO, Director
    Sold
    under a preset trading plan
    Date
    24 March 2026
    Shares
    6,061
    Price
    $214.52
    Value
    $1m
  • Sykes Karen
    PRESIDENT, CMO DD'S DISCOUNTS
    Sold
    Date
    10 March 2026
    Shares
    2,556
    Price
    $213.91
    Value
    $546,754
  • Mueller Patricia H
    Director
    Sold
    Date
    10 March 2026
    Shares
    1,881
    Price
    $213.13
    Value
    $400,898

From Form 4 filings: insiders must report trades in their own company's shares within two days.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.