Ross Historical Income Statement
ROST Stock | USD 154.87 0.02 0.01% |
Historical analysis of Ross Stores income statement accounts such as Other Operating Expenses of 19 B, Operating Income of 2.4 B, EBIT of 2.7 B or Ebitda of 3.1 B can show how well Ross Stores performed in making a profits. Evaluating Ross Stores income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ross Stores's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ross Stores latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ross Stores is a good buy for the upcoming year.
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About Ross Income Statement Analysis
Ross Stores Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ross Stores shareholders. The income statement also shows Ross investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ross Stores Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Ross Stores generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ross Stores minus its cost of goods sold. It is profit before Ross Stores operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ross Stores. It is also known as Ross Stores overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Ross Stores operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ross Stores is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ross Stores income statement and is an important metric when analyzing Ross Stores profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Ross Stores' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ross Stores current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.At this time, Ross Stores' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 5.9 B in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 1.5 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.2B | 4.7B | 5.6B | 5.9B | Total Revenue | 18.9B | 18.7B | 20.4B | 21.4B |
Ross Stores income statement Correlations
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Ross Stores income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 350.9M | 364.2M | 360.7M | 394.7M | 419.4M | 440.4M | |
Interest Expense | 9.7M | 88.1M | 75.2M | 2.8M | 74.1M | 77.8M | |
Total Revenue | 16.0B | 12.5B | 18.9B | 18.7B | 20.4B | 21.4B | |
Gross Profit | 4.5B | 2.7B | 5.2B | 4.7B | 5.6B | 5.9B | |
Other Operating Expenses | 13.9B | 12.3B | 16.6B | 16.7B | 18.1B | 19.0B | |
Operating Income | 2.1B | 189.7M | 2.3B | 2.0B | 2.3B | 2.4B | |
Ebit | 2.1B | 189.7M | 2.3B | 2.0B | 2.5B | 2.7B | |
Ebitda | 2.5B | 554.0M | 2.7B | 2.4B | 3.0B | 3.1B | |
Cost Of Revenue | 11.5B | 9.8B | 13.7B | 13.9B | 14.8B | 15.5B | |
Total Operating Expenses | 2.4B | 2.5B | 2.9B | 2.8B | 5.6B | 5.9B | |
Income Before Tax | 2.2B | 106.3M | 2.3B | 2.0B | 2.5B | 2.6B | |
Total Other Income Expense Net | 18.1M | (83.4M) | (74.3M) | (2.8M) | 164.1M | 172.3M | |
Net Income | 1.7B | 85.4M | 1.7B | 1.5B | 1.9B | 2.0B | |
Income Tax Expense | 503.4M | 20.9M | 536.0M | 475.4M | 597.3M | 627.1M | |
Selling General Administrative | 2.3B | 2.5B | 2.8B | 2.7B | 3.3B | 3.4B | |
Selling And Marketing Expenses | 74M | 42.5M | 65.1M | 66.5M | 59.9M | 55.6M | |
Tax Provision | 503.4M | 20.9M | 536.0M | 475.4M | 597.3M | 476.0M | |
Net Interest Income | 18.1M | (83.4M) | (74.3M) | (2.8M) | 164.1M | 172.3M | |
Interest Income | 27.8M | 4.7M | 833K | 77.7M | 238.2M | 250.1M | |
Net Income From Continuing Ops | 1.7B | 85.4M | 1.7B | 1.5B | 1.9B | 1.5B | |
Reconciled Depreciation | 350.9M | 364.2M | 360.7M | 394.7M | 419.4M | 407.0M | |
Net Income Applicable To Common Shares | 1.7B | 85.4M | 1.7B | 1.5B | 1.4B | 1.1B |
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When running Ross Stores' price analysis, check to measure Ross Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.