ROSS Stores (ROST) FY2021 results: revenue $18.9 billion, up 50.9% on the year
ROSS Stores, Inc. (ROST) reported revenue of $18.9 billion for fiscal 2021, the year ended 29 January 2022, up 50.9% on the year before. Net income was $1.7 billion, up 1917.5%, and diluted earnings per share $4.87. The figures are the company's own, from the 10-K it filed with the SEC on 29 March 2022.
Revenue
$18.9 billion
+50.9% on the year
FY2014FY2021
Operating margin
11.9%
0.8% a year earlier
FY2014FY2021
Net income
$1.7 billion
+1,917.5% on the year
FY2014FY2021
Diluted EPS
$4.87
+1,929.2% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,739
2,246
2,172
-22.6%
Capital expenditure
558
405
555
+37.6%
Free cash flow
1,181
1,840
1,616
-35.8%
Free cash flow margin
6.2%
14.7%
10.1%
Cash from investing
-558
-405
-555
Cash from financing
-1,152
1,702
-1,683
Depreciation and amortisation
361
364
351
-1.0%
Share-based compensation
134
102
95.4
+32.1%
Buybacks
650
132
1,275
+390.7%
Dividends paid
405
101
370
+299.5%
Dividend per share
$1.14
$0.28
$1.02
+300.0%
Diluted shares, weighted
354m
355m
361m
-0.2%
Shares outstanding at period end
352m
357m
357m
-1.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
4,060
3,291
3,359
+23.4%
Short-term borrowings
n/a
0.0
0.0
Debt
2,452
2,513
313
-2.4%
Operating lease liabilities
2,539
2,622
2,611
-3.1%
Other liabilities
4,589
4,293
3,066
+6.9%
Total liabilities and equity
13,640
12,718
9,348
+7.3%
Fixed assets
2,899
2,710
2,653
+6.9%
Cash and equivalents
4,922
4,819
1,351
+2.1%
Receivables
119
115
102
+3.6%
Inventory
2,262
1,509
1,832
+49.9%
Other assets
3,438
3,564
3,409
-3.5%
Total assets
13,640
12,718
9,348
+7.3%
10-K for the year ended 29 January 2022, filed 29 March 2022: the filing.