Boot Barn Holdings, Inc. (BOOT) Financial Ratios
13 years of historical data (2013–2025) · Consumer Cyclical · Apparel - Retail
EV/EBITDA
↓
18.96
↑+61% vs avg
5yr avg: 11.78
30Y Low6.0·High14.7
P/FCF
↑
N/A
—
5yr avg: 47.56
30Y Low14.1·High103.2
P/B Ratio
↓
4.68
↑+26% vs avg
5yr avg: 3.71
30Y Low1.2·High4.9
ROE
↑
17.4%
↑-24% vs avg
5yr avg: 22.9%
30Y Low1%·High39%
Debt/EBITDA
↓
1.87
+11% vs avg
5yr avg: 1.68
30Y Low0.9·High6.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BOOT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Boot Barn Holdings, Inc. trades at 29.2x earnings, 49% above its 5-year average of 19.6x, sitting at the 82nd percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.6x, the stock trades at a premium of 49%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.2B | $3.2B | $2.9B | $2.3B | $2.9B | $1.9B | $391M | $848M | $488M | $266M | $253M |
| Enterprise Value | $5.7B | $3.7B | $3.3B | $2.8B | $3.2B | $2.1B | $756M | $1.0B | $691M | $492M | $497M |
| P/E Ratio → | 29.23 | 17.72 | 19.82 | 13.64 | 15.25 | 31.49 | 8.15 | 21.81 | 16.89 | 18.66 | 25.41 |
| P/S Ratio | 2.74 | 1.68 | 1.75 | 1.40 | 1.97 | 2.09 | 0.46 | 1.09 | 0.72 | 0.42 | 0.45 |
| P/B Ratio | 4.68 | 2.83 | 3.09 | 3.00 | 4.89 | 4.73 | 1.21 | 3.21 | 2.27 | 1.48 | 1.57 |
| P/FCF | — | — | 24.83 | — | 103.22 | 14.63 | — | 23.74 | 24.67 | 14.13 | — |
| P/OCF | 35.44 | 21.73 | 12.34 | 26.19 | 33.01 | 11.97 | 15.43 | 13.41 | 11.04 | 6.47 | 7.69 |
P/E links to full P/E history page with 30-year chart
BOOT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Boot Barn Holdings, Inc.'s enterprise value stands at 19.0x EBITDA, 61% above its 5-year average of 11.8x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 67% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.94 | 1.98 | 1.66 | 2.16 | 2.38 | 0.89 | 1.30 | 1.02 | 0.78 | 0.87 |
| EV / EBITDA | 18.96 | 12.25 | 13.33 | 8.74 | 9.91 | 14.68 | 5.99 | 12.17 | 10.90 | 9.02 | 11.23 |
| EV / EBIT | 23.91 | 15.31 | 16.55 | 11.90 | 12.46 | 24.50 | 10.27 | 15.74 | 14.93 | 13.01 | 16.43 |
| EV / FCF | — | — | 28.16 | — | 113.27 | 16.66 | — | 28.34 | 34.91 | 26.09 | — |
BOOT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Boot Barn Holdings, Inc. earns an operating margin of 12.5%, above the Consumer Cyclical sector average of 2.9%. Operating margins have compressed from 14.0% to 12.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 17.4% indicates solid capital efficiency, compared to the sector median of 5.6%. ROIC of 12.1% represents solid returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.5% | 37.5% | 36.9% | 36.8% | 38.6% | 33.0% | 32.7% | 32.4% | 30.7% | 30.1% | 30.4% |
| Operating Margin | 12.5% | 12.5% | 11.9% | 14.0% | 17.4% | 9.7% | 8.7% | 8.3% | 6.8% | 6.0% | 5.3% |
| Net Profit Margin | 9.5% | 9.5% | 8.8% | 10.3% | 12.9% | 6.6% | 5.7% | 5.0% | 4.3% | 2.3% | 1.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.4% | 17.4% | 17.1% | 24.8% | 38.7% | 16.6% | 16.4% | 16.3% | 14.6% | 8.3% | 6.5% |
| ROA | 9.7% | 9.7% | 9.1% | 12.6% | 17.6% | 6.0% | 5.9% | 6.4% | 5.0% | 2.6% | 2.3% |
| ROIC | 12.1% | 12.1% | 11.7% | 16.6% | 25.2% | 9.7% | 9.9% | 11.4% | 8.4% | 7.0% | 7.1% |
| ROCE | 15.7% | 15.7% | 15.6% | 23.1% | 31.6% | 12.0% | 12.8% | 14.0% | 10.8% | 9.4% | 9.6% |
BOOT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Boot Barn Holdings, Inc. carries a Debt/EBITDA ratio of 1.9x, which is manageable (58% below the sector average of 4.4x). Net debt stands at $493M ($563M total debt minus $70M cash). Interest coverage of 159.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.50 | 0.50 | 0.49 | 0.58 | 0.51 | 0.84 | 1.35 | 0.69 | 0.99 | 1.30 | 1.55 |
| Debt / EBITDA | 1.87 | 1.87 | 1.88 | 1.42 | 0.94 | 2.29 | 3.45 | 2.17 | 3.34 | 4.29 | 5.67 |
| Net Debt / Equity | — | 0.44 | 0.41 | 0.55 | 0.48 | 0.65 | 1.13 | 0.62 | 0.94 | 1.25 | 1.51 |
| Net Debt / EBITDA | 1.63 | 1.63 | 1.58 | 1.36 | 0.88 | 1.78 | 2.89 | 1.98 | 3.19 | 4.14 | 5.50 |
| Debt / FCF | — | — | 3.33 | — | 10.05 | 2.02 | — | 4.60 | 10.24 | 11.97 | — |
| Interest Coverage | 159.89 | 159.89 | 88.57 | 39.42 | 44.70 | 9.14 | 5.53 | 3.94 | 3.07 | 2.57 | 2.34 |
BOOT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Boot Barn Holdings, Inc.'s current ratio of 2.45x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 0.33x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.79x to 2.45x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.45 | 2.45 | 2.33 | 1.79 | 1.61 | 1.69 | 1.23 | 1.83 | 1.60 | 1.52 | 1.33 |
| Quick Ratio | 0.33 | 0.33 | 0.42 | 0.21 | 0.20 | 0.44 | 0.31 | 0.24 | 0.20 | 0.24 | 0.18 |
| Cash Ratio | 0.20 | 0.20 | 0.24 | 0.05 | 0.06 | 0.33 | 0.22 | 0.11 | 0.06 | 0.05 | 0.05 |
| Asset Turnover | — | 0.95 | 0.98 | 1.09 | 1.24 | 0.90 | 0.86 | 1.22 | 1.15 | 1.11 | 1.06 |
| Inventory Turnover | 1.60 | 1.60 | 1.76 | 1.78 | 1.93 | 2.17 | 1.97 | 2.18 | 2.22 | 2.33 | 2.24 |
| Days Sales Outstanding | — | 3.56 | 4.43 | 2.89 | 2.91 | 5.22 | 7.45 | 3.80 | 2.36 | 2.52 | 2.65 |
BOOT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Boot Barn Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 3.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | 5.6% | 5.0% | 7.3% | 6.6% | 3.2% | 12.3% | 4.6% | 5.9% | 5.4% | 3.9% |
| FCF Yield | — | — | 4.0% | — | 1.0% | 6.8% | — | 4.2% | 4.1% | 7.1% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $31M | $31M | $30M | $30M | $29M | $29M | $29M | $28M | $27M | $27M |
Peer Comparison
Compare BOOT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BOOTYou | $5B | 29.2 | 19.0 | — | 37.5% | 12.5% | 17.4% | 12.1% | 1.9 |
 RCKY | $273M | 12.2 | 8.4 | 28.1 | 40.9% | 7.7% | 9.2% | 7.6% | 2.6 |
 WTTR | $2B | 87.3 | 10.1 | — | 14.0% | 2.5% | 2.3% | 2.3% | 1.8 |
 CATO | $52M | -3.0 | — | — | 31.3% | -4.2% | -10.5% | -6.7% | — |
 BKE | $3B | 14.0 | 10.7 | 13.9 | 48.7% | 19.8% | 46.7% | 38.4% | 1.2 |
 TLYS | $128M | -7.3 | — | — | 29.7% | -3.5% | -18.8% | -6.0% | — |
 SCVL | $495M | 6.8 | 6.2 | 7.1 | 35.6% | 7.6% | 12.0% | 7.8% | 3.0 |
 CAL | $454M | -61.3 | 15.5 | 14.0 | 43.0% | 1.0% | -1.2% | 1.7% | 8.1 |
 CROX | $5B | -70.5 | 7.0 | 8.0 | 57.0% | 22.0% | -5.2% | 21.7% | 1.7 |
 WWW | $1B | 0.2 | 12.4 | 11.3 | 47.3% | 8.0% | 22.5% | 11.6% | 4.3 |
 VFC | $8B | -39.6 | 22.3 | 22.4 | 53.5% | 3.2% | -8.6% | 2.7% | 9.5 |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 15.0 | 36.9% | 2.9% | 5.6% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
See BOOT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BOOT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare BOOT vs RCKY
Side-by-side business, growth, and profitability comparison vs Rocky Brands, Inc..
Start ComparisonBOOT — Frequently Asked Questions
Quick answers to the most common questions about buying BOOT stock.
What is Boot Barn Holdings, Inc.'s P/E ratio?
Boot Barn Holdings, Inc.'s current P/E ratio is 29.2x. The historical average is 21.2x. This places it at the 82th percentile of its historical range.
What is Boot Barn Holdings, Inc.'s EV/EBITDA?
Boot Barn Holdings, Inc.'s current EV/EBITDA is 19.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.1x.
What is Boot Barn Holdings, Inc.'s ROE?
Boot Barn Holdings, Inc.'s return on equity (ROE) is 17.4%. The historical average is 15.1%.
Is BOOT stock overvalued?
Based on historical data, Boot Barn Holdings, Inc. is trading at a P/E of 29.2x. This is at the 82th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Boot Barn Holdings, Inc.'s profit margins?
Boot Barn Holdings, Inc. has 37.5% gross margin and 12.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Boot Barn Holdings, Inc. have?
Boot Barn Holdings, Inc.'s Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.