undamentalytics Newsletter

Boot Barn Holdings, Inc. key statistics and ratios

In fiscal 2026, Boot Barn Holdings, Inc. had return on equity of 18.4% and a net margin of 10.0%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Boot Barn Holdings, Inc.: financial ratios, annual
Fiscal year2013Mar 20132014Mar 20142015Mar 20152016Mar 20162017Apr 20172018Mar 20182019Mar 20192020Mar 20202021Mar 20212022Mar 20222023Apr 20232024Mar 20242025Mar 20252026Mar 2026LTMSept 2026
Net margin0.3%1.6%3.4%1.7%2.3%4.3%5.0%5.7%6.6%12.9%10.3%8.8%9.5%10.0%10.4%
Return on equity0.8%6.6%12.1%6.5%8.3%14.6%16.3%16.4%16.6%38.7%24.8%17.1%17.4%18.4%18.7%
Return on assets—1.8%4.4%2.3%2.6%5.0%6.4%6.1%6.4%18.0%12.6%9.1%9.7%10.1%9.9%
Effective tax rate54.8%37.0%38.1%43.0%38.6%7.4%18.7%20.5%23.1%23.8%24.5%25.5%24.6%24.9%24.6%
SG&A as % of revenue26.8%26.6%24.7%25.0%24.1%23.8%24.1%24.0%23.3%21.3%22.9%25.0%25.0%24.8%24.8%
Dividends ÷ net income——300.9%————————————

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 2 checks passed · September 26, 2026
What it owns · $2.7bn
Short-term assets $1.1bnLonger-term assets $1.5bn
What it owes, and who funded it · $2.7bn
Short-term liabilities $461mLonger-term liabilities $819mShareholders' equity $1.4bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $461m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $819m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Boot Barn Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

50 /100

Moderate moat

How hard Boot Barn Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Cash operating profit has been a median 6.9% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 36.6%, moving by 3.1 percentage points (standard deviation) across 10 years.

  • Durability 8 / 20

    Operating margin has been a median 12.3%; its worst year was 4.7%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 9 of 10 years, at a median 3.6% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.9% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (55 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: BOOT vs GCOBOOT vs SFIXBKE vs BOOT

More: Apparel Retail stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Boot Barn Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Boot Barn Holdings, Inc.