ROSS STORES, INC.

Listed Company

ROSTCIK 0000745732NasdaqLarge AcceleratedRetail-Family Clothing StoresDelawareFY ends Feb 1

Period

FY 2026

Revenue

$22.75B

Net Income

$2.15B

Total Assets

$15.55B

Equity

$6.19B

Shares Out

322.36M

Op. Cash Flow

$3.03B

Business

Ross Stores, Inc. operates two brands of off-price retail apparel and home fashion stores—Ross Dress for Less and dd’s DISCOUNTS. It offers first-quality, in-season name brand and designer apparel, accessories, footwear, home fashions and related merchandise at discounts versus department, specialty and discount stores. The company’s key business segments are its Ross and dd’s DISCOUNTS banners, each with separate merchandising and buying organizations, distribution facilities, and store operations. It distributes merchandise through regional distribution centers and cross-dock facilities to stores located primarily in community and neighborhood shopping centers across the United States.

Summary from filing dated 2025-04-01

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Sales	22,751	21,129	20,377	18,696	18,916
Cost of goods sold	16,447	15,261	14,802	13,946	13,709
Selling, general and administrative	3,596	3,283	3,268	2,759	2,874
Operating income	2,707	2,586	2,308	1,990	—
Interest income, net	−135	−172	−164	3	74
Earnings before taxes	2,842	2,757	2,472	1,987	2,259
Provision for taxes on earnings	697	666	597	475	536
Net earnings	2,145	2,091	1,875	1,512	1,723
Basic (in dollars per share)	6.66	6.36	5.59	4.4	4.9
Diluted (in dollars per share)	6.61	6.32	5.56	4.38	4.87
Basic (in shares)	322	329	335	343	351
Diluted (in shares)	324	331	337	345	354

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Cash and cash equivalents	4,594	4,731	4,872	4,552	4,922
Accounts receivable	181	144	131	146	119
Merchandise inventory	2,631	2,445	2,192	2,023	2,262
Prepaid expenses and other	233	219	—	—	—
Total current assets	7,640	7,539	7,398	6,905	7,473
Land and buildings	1,836	1,493	1,487	1,495	1,240
Fixtures and equipment	5,057	4,521	4,220	3,962	3,426
Leasehold improvements	1,861	1,701	1,577	1,434	1,333
Construction-in-progress	477	807	629	319	574
Property and equipment, gross	9,231	8,523	7,913	7,210	6,573
Less accumulated depreciation and amortization	5,143	4,731	4,381	4,028	3,675
Property and equipment, net	4,089	3,792	3,532	3,182	2,899
Operating lease assets	3,520	3,295	3,127	3,098	3,027
Other long-term assets	300	279	243	232	241
Total assets	15,549	14,905	14,300	13,416	13,640
Accounts payable	2,386	2,126	1,956	2,010	2,372
Accrued expenses and other	667	626	672	639	613
Current operating lease liabilities	728	703	684	656	631
Accrued payroll and benefits	484	462	548	280	589
Income taxes payable	62	44	76	52	10
Current portion of long-term debt	500	700	250	0	0
Total current liabilities	4,827	4,662	4,186	3,636	4,215
Long-term debt	1,018	1,515	2,211	2,457	2,452
Non-current operating lease liabilities	2,967	2,764	2,603	2,594	2,539
Other long-term liabilities	288	268	232	224	236
Deferred income taxes	261	187	196	217	138
Commitments and contingencies	—	—	—	—	—
Common stock, par value $0.01 per share Authorized 1,000,000,000 shares Issued and outstanding 322,333,000 and 328,813,000 shares, respectively	3	3	3	3	4
Additional paid-in capital	2,257	2,097	1,953	1,820	1,718
Treasury stock	−799	−719	−633	−585	—
Retained earnings	4,726	4,128	3,549	3,050	2,875
Total stockholders equity	6,187	5,509	4,871	4,289	4,060
Total liabilities and stockholders equity	15,549	14,905	14,300	13,416	13,640

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Depreciation and amortization	509	447	419	395	361
Stock-based compensation	175	156	145	122	134
Gain on sale of property	0	−62	0	0	—
Deferred income taxes	74	−9	−21	79	16
Merchandise inventory	−186	−252	−169	239	−753
Other current assets	−47	−27	−2	−39	1
Accounts payable	285	155	−65	−365	135
Other current liabilities	51	−124	297	−304	199
Income taxes	17	−27	23	34	−45
Operating lease assets and liabilities, net	2	13	8	9	8
Other long-term, net	995,000	−3	4	9	−39
Net cash provided by operating activities	3,027	2,357	2,514	1,689	1,739
Additions to property and equipment	−819	−720	−763	−654	−558
Proceeds from sale of property	0	83	0	0	—
Net cash used in investing activities	−819	−637	−763	−654	−558
Issuance of common stock related to stock plans	25	25	25	25	25
Treasury stock purchased	−80	−86	−49	−49	−57
Repurchase of common stock	−1,050	−1,050	−950	−950	−650
Excise tax paid on repurchase of common stock	−9	−9	0	0	—
Dividends paid	−528	−489	−455	−431	−405
Payment of long-term debt	−700	−250	0	0	−65
Net cash used in financing activities	−2,342	−1,859	−1,428	−1,405	−1,152
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents	−134	−139	323	−370	29
Interest paid	56	80	80	80	84
Income taxes paid, net	606	703	595	362	565

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro