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Asset Turnover

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Measures a public company's total equity value as implied by the stock's last observed trading price. In the case of cryptocurrencies, it measure the ...

Definition of Asset Turnover

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Market capitalization or “market cap” is a public company’s total equity value as implied by the stock’s last observed trading price. Market Cap for Ross Stores is calculated as follows:

Stock Price Close [ 141.03 ]
(x) Shares Outstanding [ 328.8 ]
(=) Market Capitalization [ 46.374 B ]

The tables below summarizes the trend in Ross Stores’s market cap over the last five years:

Date Stock Price Shares Outstanding Market Cap
2021-01-30 111.29 356.5 39.671 B
2022-01-29 97.75 353.3 34.538 B
2023-01-28 118.19 344.4 40.701 B
2024-02-03 140.28 336.7 47.228 B
2025-02-01 150.56 329.9 49.674 B

The tables below summarizes the trend in Ross Stores’s market cap over the last four quarters:

Date Stock Price Shares Outstanding Market Cap
2024-05-04 129.55 335.3 43.439 B
2024-08-03 143.23 333.6 47.778 B
2024-11-02 139.72 331.8 46.354 B
2025-02-01 150.56 329.9 49.674 B

Click the link below to download a spreadsheet with an example Asset Turnover calculation for Ross Stores Inc below:

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