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Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brands in the United States. The company o...
The following section summarizes insights on Ross Stores Inc's Operating Income CAGR (3y):
We've identified the following companies as similar to Ross Stores Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
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Metrics similar to Operating Income CAGR (3y) in the growth category include:
Three-year compound annual growth rate in operating income.
Operating Income CAGR (3y) measures the three-year compound annual growth rate in Operating Income.
Compound annual growth rate (CAGR) is a commonly used business and investing term that measures the growth of a metric over multiple periods. CAGRs are useful since they reduce the effect of volatility in specific periods, unlike arithmetic means.
You can find the calculation details for Ross Stores’s Operating Income CAGR outlined below. The calculation starts by listing values for Operating Income for the last four fiscal years that are required to calculate CAGR:
| Fiscal Year | Operating Income | YoY Growth |
|---|---|---|
| 2022-01-29T00:00:00.000Z | 2.333 B | |
| 2023-01-28T00:00:00.000Z | 1.99 B | −14.7% |
| 2024-02-03T00:00:00.000Z | 2.308 B | 15.9% |
| 2025-02-01T00:00:00.000Z | 2.586 B | 12.0% |
Using the values for Operating Income listed in the table above, we can calculate three-year Operating Income CAGR as follows:
Number of years = 3
Multiplier = $2.586 B / $2.333 B = 1.11
3 Year CAGR = 1.11 ^ (1/3) - 1 = 3.5%
Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Ross Stores’s reports in the USD currency. You can read more about Operating Income here and compound annual growth rate on Wikipedia. You may also find variants five-year Operating Income CAGR, and seven-year Operating Income CAGR useful.
The chart above depicts the distribution of operating income cagr (3y) for companies operating in the Consumer Discretionary sector in the Developed economic region. Over 1,300 companies were considered in this analysis, and 1,254 had meaningful values. The average operating income cagr (3y) of companies in the sector is 9.0% with a standard deviation of 33.3%.
Ross Stores Inc's Operating Income CAGR (3y) of 3.5% ranks in the 47.1% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 1,306 |
| Included Constituents | 1,254 |
| Min | -55.1% |
| Max | 150.5% |
| Median | 5.0% |
| Mean | 9.0% |
| Standard Deviation | 33.3% |
You can find companies with similar operating income cagr (3y) using this stock screener.