ROST
Ross Stores, Inc.
ROST's fundamentals are strong: revenue grew 14% and free cash flow grew 66%. At 29x earnings, it's trading above its usual 25x. Analysts expect earnings growth.
ROST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
ROST's revenue, profitability, cash flow and balance sheet are all currently healthy.
ROST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 22x | $178 | -25% |
| Fair | 25x | $210 | -12% |
| Forward | 27x | $237 | — |
| Current | 29x | $237 | — |
| Expensive | 35x | $286 | +21% |
Historical ranges are pointers, not guarantees.
ROST's PE is in its expensive range at 29x. If earnings grow as analysts expect, today's price would be 27x next year's earnings, in its fair range.
ROST Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ROST, with profitability improving.
ROST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.78 | +6.3% |
| Q3 2026 | $8.26 | +31% |
| Q2 2026 | $7.16 | +13% |
| Q1 2026 | $6.61 | +4.6% |
| Q4 2025 | $6.40 | +0.8% |
| Q3 2025 | $6.30 | +1.6% |
| Q2 2025 | $6.33 | +6.7% |
| Q1 2025 | $6.32 | +14% |
| Q4 2024 | $6.35 | +26% |
ROST's earnings per share have climbed steadily: $8.26 over the past year, up 31% from the year before, and higher year over year for 13 quarters in a row.
ROST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +13% |
| Q2 2026 | $6B | +21% |
| Q1 2026 | $6.6B | +12% |
| Q4 2025 | $5.6B | +10% |
| Q3 2025 | $5.5B | +4.6% |
| Q2 2025 | $5B | +2.6% |
| Q1 2025 | $5.9B | -1.8% |
| Q4 2024 | $5.1B | +3% |
ROST's revenue has grown year over year for six quarters in a row: $6.3B last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | +6.1 points |
| Q2 2026 | 13% | +1.2 points |
| Q1 2026 | 12% | -0.8 points |
| Q4 2025 | 12% | -1.2 points |
| Q3 2025 | 12% | -1.8 points |
| Q2 2025 | 12% | -0.9 points |
| Q1 2025 | 13% | -0.2 points |
| Q4 2024 | 13% | +0.7 points |
ROST's operating margin was 18% last quarter, up 6.1 points from the same quarter a year ago, near the top of its range since 2019.
ROST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $624.5M | +34% |
| Q2 2026 | $627.1M | +210% |
| Q1 2026 | $920.8M | +36% |
| Q4 2025 | $617.8M | +86% |
| Q3 2025 | $466.6M | +18% |
| Q2 2025 | $202.3M | -13% |
| Q1 2025 | $676.6M | -6.9% |
| Q4 2024 | $333M | +22% |
ROST generated $2.8B in free cash flow over the past year, up 66% from the year before.
ROST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1.8M shares |
| 1 year | -1.6% | -5.3M shares |
| 3 years | -5.5% | -18.5M shares |
| 5 years | -10% | -35.5M shares |
| Available history | -11% | -39.8M shares |
ROST has 319M diluted shares, down 1.6% from a year ago, with $1.2B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $318.8M |
| Q2 2026 | $318.8M |
| Q1 2026 | $262.5M |
| Q4 2025 | $262.5M |
| Q3 2025 | $262.5M |
| Q2 2025 | $262.5M |
| Q1 2025 | $262.5M |
| Q4 2024 | $262.5M |
ROST spent $1.2B buying back its own shares over the past year, up 11% from the year before.
ROST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.9x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.8x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
ROST has more cash than debt.
ROST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 33.0 | Neutral |
ROST's weekly RSI is 56 (neutral) and its Stochastic is 33 (neutral).
ROST PE vs Consumer Cyclical Sector
| Metric | ROST | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 18x | 59% above |
| PE % | 68 | 47 | 21 pts above |
ROST is trading at 29x earnings, a 59% premium to the Consumer Cyclical sector's median of 18x.
ROST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $231.2 | 2.6% above |
| 20 week MA | $233.3 | 1.7% above |
| 50 week MA | $218.3 | 8.7% above |
| 100 week MA | $181.3 | 31% above |
| 200 week MA | $155.3 | 53% above |
ROST is in an uptrend: it's above all five of its weekly moving averages, and 53% above its 200-week average.
ROST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.0 | $118.0 | +2.7% |
| 2021 | $118.0 | $110.2 | -6.7% |
| 2022 | $110.2 | $115.5 | +4.8% |
| 2023 | $115.5 | $138.4 | +20% |
| 2024 | $138.4 | $153.0 | +11% |
| 2025 | $153.0 | $181.1 | +18% |
| 2026 YTD | $181.1 | $237.2 | +31% |
ROST has finished higher in five of the last six years. It's up 31% so far in 2026.