What Is The Net Worth Of Ross Company? Uncovering The Retail Giant’S Finances

Ross Stores has a market cap of $46.78 billion as of August 2, 2024. This means that the total value of all the outstanding shares of Ross Stores stock is $46.78 billion.

Market capitalization is a widely used metric to measure the size of a publicly traded company. It is calculated by multiplying the company’s current share price by the number of outstanding shares. A company’s market cap can fluctuate daily based on changes in its share price.

A high market cap like Ross Stores’ indicates that investors have a lot of confidence in the company’s future prospects. This confidence is often based on factors such as strong financial performance, a competitive advantage in the market, and growth potential.