Ross Stores, Inc.
ROST Consumer Cyclical Apparel Retail
Ross Stores, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $22.8 billion, up 7.67% from fiscal 2025. In the quarter to July 2026, revenue grew 13.3%, EPS grew 70.7%, free cash flow grew 33.8% and total debt fell 32.8%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for three.
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Ross Stores, Inc. (ROST) Altman Z-score
Ross Stores, Inc.'s Altman Z-score for fiscal 2026 is 6.58, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 6.58 | 0.81 |
| FY2025 | 5.77 | 0.20 |
| FY2024 | 5.57 | 0.40 |
| FY2023 | 5.16 | 0.48 |
| FY2022 | 4.68 | 0.66 |
| FY2021 | 4.03 | (2.92) |
| FY2020 | 6.95 | (4.82) |
| FY2019 | 11.76 | 0.29 |
| FY2018 | 11.47 | 1.13 |
| FY2017 | 10.33 | 0.46 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.18 | — | 0.22 | |
| Retained earnings / total assets | 0.30 | — | 0.43 | |
| EBIT / total assets | 0.17 | — | 0.57 | |
| Market value of equity / total liabilities | 6.49 | — | 3.90 | |
| Sales / total assets | 1.46 | — | 1.46 | |
| Altman Z-score | Safe zone | 6.58 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 4.04 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| LULU lululemon athletica inc. compare | 6.8× |
| TJX The TJX Companies, Inc. compare | 6.7× |
| ROST Ross Stores, Inc. | 6.6× |
| ANF Abercrombie & Fitch Company compare | 5.1× |
| BOOT Boot Barn Holdings, Inc. compare | 4.7× |
| URBN Urban Outfitters, Inc. compare | 4.3× |
| BURL Burlington Stores, Inc. compare | 3.2× |
| GAP The Gap, Inc. compare | 2.9× |
| VSXY Victoria's Secret & Co. compare | 2.4× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on ROST
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement