Ross Stores, Inc.

ROST

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

1/31/2025

Revenue

21,129

Cost of Revenue

15,261

Gross Profit

5,869

Gross Margin

27.8%

Operating Income

2,586

Operating Margin

12.2%

Net Income

2,091

Net Margin

9.9%

EPS (Basic)

$6.36

EPS (Diluted)

$6.32

EBITDA

3,267

EBITDA Margin

15.5%

2024

1/31/2024

Revenue

20,377

Cost of Revenue

14,802

Gross Profit

5,575

Gross Margin

27.4%

Operating Income

2,308

Operating Margin

11.3%

Net Income

1,875

Net Margin

9.2%

EPS (Basic)

$5.59

EPS (Diluted)

$5.56

EBITDA

2,965

EBITDA Margin

14.6%

2023

1/31/2023

Revenue

18,696

Cost of Revenue

13,946

Gross Profit

4,750

Gross Margin

25.4%

Operating Income

1,990

Operating Margin

10.6%

Net Income

1,512

Net Margin

8.1%

EPS (Basic)

$4.40

EPS (Diluted)

$4.38

EBITDA

2,463

EBITDA Margin

13.2%

2022

1/31/2022

Revenue

18,916

Cost of Revenue

13,709

Gross Profit

5,207

Gross Margin

27.5%

Operating Income

2,333

Operating Margin

12.3%

Net Income

1,723

Net Margin

9.1%

EPS (Basic)

$4.90

EPS (Diluted)

$4.87

EBITDA

2,694

EBITDA Margin

14.2%

2021

1/31/2021

Revenue

12,532

Cost of Revenue

9,839

Gross Profit

2,693

Gross Margin

21.5%

Operating Income

430

Operating Margin

3.4%

Net Income

Net Margin

0.7%

EPS (Basic)

$0.24

EPS (Diluted)

$0.24

EBITDA

559

EBITDA Margin

4.5%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	21,129	20,377	18,696	18,916	12,532
Cost of Revenue	15,261	14,802	13,946	13,709	9,839
Gross Profit	5,869	5,575	4,750	5,207	2,693
Gross Margin	27.8%	27.4%	25.4%	27.5%	21.5%
Operating Income	2,586	2,308	1,990	2,333	430
Operating Margin	12.2%	11.3%	10.6%	12.3%	3.4%
Net Income	2,091	1,875	1,512	1,723	85
Net Margin	9.9%	9.2%	8.1%	9.1%	0.7%
EPS (Basic)	$6.36	$5.59	$4.40	$4.90	$0.24
EPS (Diluted)	$6.32	$5.56	$4.38	$4.87	$0.24
EBITDA	3,267	2,965	2,463	2,694	559
EBITDA Margin	15.5%	14.6%	13.2%	14.2%	4.5%