Ross Stores, Inc. (ROST) Stock

Ross Stores, Inc. (ROST) is a Consumer Discretionary stock trading at $233.40 (as of 2026-07-17), with a market capitalization of $74.87B and a trailing P/E of 34.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Ross Stores, Inc., through its subsidiaries, operates off-price retail stores offering apparel and home fashions under the Ross Dress for Less and dd’s DISCOUNTS brands. Products include apparel, accessories, footwear, and home fashions, sold primarily through department and specialty retailers, serving middle- to moderate-income households.

Understand Ross Stores, Inc.: how it makes money

Ross Stores operates off-price retail apparel and home fashion stores under Ross Dress for Less and dd's DISCOUNTS, and it makes money by selling these products through its stores to households across its target price tiers.

The profit model is built around turning retail sales from the Ross and dd's store brands into operating profit, where the key bridge is gross margin (29.6% in the latest period) flowing into operating margin (13.4%).

Business quality (Solid): Clear business model and margin snapshot are provided, but there is no official reportable segment revenue breakdown or investor-focused operating metrics beyond total revenue.

Valuation: At 30× earnings, ROST trades 56% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • Two-brand off-price retail model: The company operates off-price stores under Ross Dress for Less and dd's DISCOUNTS, selling apparel, accessories, footwear, and home fashions.
  • Margin conversion to operating profit: In the latest reported period ending 2026-05-02, gross margin was 29.6% and operating margin was 13.4%, indicating the company converts retail gross profit into operating profit.

Bear case

  • Store-based revenue exposure: Because sales come from operating Ross and dd's DISCOUNTS stores, changes in store footprint or store-level performance could pressure revenue.
  • Margin sensitivity: With operating margin at 13.4% in the latest period, any factor that compresses gross margin below 29.6% could reduce operating profitability.
Valuation — source: SEC EDGAR (first-party)
Price$233.40
Market Cap$74.87B
P/E Ratio34.8
EV / EBITDA22.4
Price / Book11.87
Price / Sales3.38
FCF Yield3.7%
DCF Value (model)$148.35
DCF Upside vs Price-36.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$22.75B
Net Margin9.4%
Revenue Growth (YoY)7.7%
EPS Growth (YoY)4.7%
FCF Growth (YoY)34.9%
Financial Health — source: SEC EDGAR
Altman Z-Score7.50 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E34.8
Sector P/E (Consumer Discretionary)21.6
Industry P/E (Retail)19.1
vs Sector61.6%
vs Industry82.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($6.97B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Discretionary
IndustryRetail
CEOJames G. Conroy
Employees107,000
CountryUS
IPO Date1985-08-08

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ROST earnings history · ROST institutional & insider holders · ROST KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.