Income Tax
Ross Stores Income Tax decreased by 7.4% to $187.51M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.8%, from $149.07M to $187.51M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 2.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
income_tax_expenseHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $147.10M | $163.35M | $119.00M | $194.87M | $111.02M | $121.23M | $108.84M | $64.75M | $116.06M | $148.54M | $146.10M | $114.82M | $149.07M | $175.44M | $157.94M | $171.71M | $161.63M | $162.63M | $170.46M | $202.40M | $187.51M |
| QoQ Change | — | +11.0% | -27.1% | +63.7% | -43.0% | +9.2% | -10.2% | -40.5% | +79.3% | +28.0% | -1.6% | -21.4% | +29.8% | +17.7% | -10.0% | +8.7% | -5.9% | +0.6% | +4.8% | +18.7% | -7.4% |
| YoY Change | — | — | — | — | -24.5% | -25.8% | -8.5% | -66.8% | +4.5% | +22.5% | +34.2% | +77.3% | +28.4% | +18.1% | +8.1% | +49.5% | +8.4% | -7.3% | +7.9% | +17.9% | +25.8% |
Income Tax at Other Companies
Frequently Asked Questions
- What is Ross Stores's income tax?
- Ross Stores (ROST) reported income tax of $187.51M in Q1 2025.
- How has Ross Stores's income tax changed year-over-year?
- Ross Stores's income tax increased by 25.8% year-over-year, from $149.07M to $187.51M.
- What is the long-term trend for Ross Stores's income tax?
- Over 4 years (2021 to 2025), Ross Stores's income tax has grown at a 2.8% compound annual growth rate (CAGR), from $624.32M to $697.11M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.