📊 BOOT Key Takeaways
Is Boot Barn Holdings, Inc. (BOOT) a Good Investment?
Boot Barn demonstrates solid financial health with strong cash generation, conservative leverage, and reasonable profitability metrics, but earnings growth has stalled despite 17.9% revenue expansion, signaling operational margin pressures. The company's robust balance sheet and positive $126.3M free cash flow provide downside protection, making it suitable for patient investors awaiting margin recovery.
Boot Barn shows strong underlying fundamentals with double-digit revenue growth, solid gross and operating margins, and robust free cash flow generation. The balance sheet is healthy, with high current liquidity, low leverage, and meaningful cash, which supports continued store growth and operational flexibility. The main caution is that net income was flat year over year, suggesting some pressure from costs, mix, or operating investments despite strong top-line momentum.
Boot Barn Holdings, Inc. Key Strengths (BOOT)
- Strong revenue growth of 17.9% YoY demonstrates robust market demand in footwear retail segment
- Excellent financial position with very low leverage (0.15x debt-to-equity) and strong liquidity (2.65x current ratio)
- Solid profitability metrics including 13.3% operating margin, 10.0% net margin, and 17.1% ROE
- Positive free cash flow generation of $126.3M with disciplined capital allocation (CapEx 7.8% of revenue)
- Conservative balance sheet with $141M cash and manageable $196.5M long-term debt
- Double-digit revenue growth with healthy profitability, including 38.6% gross margin and 14.1% operating margin
- Strong cash generation, with $309.28M in operating cash flow and $172.86M in free cash flow
- Conservative balance sheet with $200.07M in cash and low debt-to-equity of 0.15x
BOOT Stock Risks: Boot Barn Holdings, Inc. Investment Risks
- Net income growth is flat (0.0% YoY) despite 17.9% revenue growth, indicating significant margin compression
- Operating leverage appears negative, suggesting rising cost structure challenges or pricing pressures
- Quick ratio of 0.49x reflects heavy reliance on inventory turnover and working capital vulnerability
- Limited insider activity (1 Form 4 filing in 90 days) suggests minimal insider engagement
- Retail footwear sector exposure to consumer discretionary spending cycles and intensifying competitive pressures
- Net income was flat year over year, indicating earnings conversion lagged revenue growth
- Low 0.57x quick ratio suggests working capital is heavily tied to inventory, which can pressure retail flexibility
- As a discretionary retail business, margins and sales may be sensitive to consumer demand shifts and merchandise execution
Key Metrics to Watch
- Gross margin and operating margin trends to assess if margin compression is reversing
- Free cash flow sustainability and FCF margin expansion potential
- Inventory-to-revenue ratio and inventory turnover to evaluate operational efficiency
- Comparable sales and revenue growth versus net income growth
- Inventory efficiency and free cash flow consistency
Boot Barn Holdings, Inc. (BOOT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.65x current ratio provides a solid financial cushion.
BOOT Profit Margin, ROE & Profitability Analysis
BOOT vs Consumer Sector: How Boot Barn Holdings, Inc. Compares
How Boot Barn Holdings, Inc. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Boot Barn Holdings, Inc. Stock Overvalued? BOOT Valuation Analysis 2026
Based on fundamental analysis, Boot Barn Holdings, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Boot Barn Holdings, Inc. Balance Sheet: BOOT Debt, Cash & Liquidity
BOOT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Boot Barn Holdings, Inc.'s revenue has grown significantly by 51% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.80 reflects profitable operations.
BOOT Revenue Growth, EPS Growth & YoY Performance
BOOT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $608.2M | $29.4M | $2.43 |
| Q2 2026 | $425.8M | $29.4M | $0.95 |
| Q1 2026 | $423.4M | $38.9M | $1.26 |
| Q3 2025 | $520.4M | $27.7M | $1.81 |
| Q2 2025 | $374.5M | $27.7M | $0.90 |
| Q1 2025 | $383.7M | $34.3M | $1.13 |
| Q3 2024 | $514.6M | $27.7M | $1.74 |
| Q2 2024 | $351.5M | $27.7M | $0.90 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Boot Barn Holdings, Inc. Dividends, Buybacks & Capital Allocation
BOOT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Boot Barn Holdings, Inc. (CIK: 0001610250)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 26, 2026 | 4 | xslF345X06/form4-05262026_040501.xml | View → |
| May 20, 2026 | 4 | xslF345X06/form4-05202026_080522.xml | View → |
| May 20, 2026 | 4 | xslF345X06/form4-05202026_080521.xml | View → |
| May 20, 2026 | 4 | xslF345X06/form4-05202026_080519.xml | View → |
| May 20, 2026 | 4 | xslF345X06/form4-05202026_080517.xml | View → |
❓ Frequently Asked Questions about BOOT
What is the AI rating for BOOT?
Boot Barn Holdings, Inc. (BOOT) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BOOT's key strengths?
Claude: Strong revenue growth of 17.9% YoY demonstrates robust market demand in footwear retail segment. Excellent financial position with very low leverage (0.15x debt-to-equity) and strong liquidity (2.65x current ratio). ChatGPT: Double-digit revenue growth with healthy profitability, including 38.6% gross margin and 14.1% operating margin. Strong cash generation, with $309.28M in operating cash flow and $172.86M in free cash flow.
What are the risks of investing in BOOT?
Claude: Net income growth is flat (0.0% YoY) despite 17.9% revenue growth, indicating significant margin compression. Operating leverage appears negative, suggesting rising cost structure challenges or pricing pressures. ChatGPT: Net income was flat year over year, indicating earnings conversion lagged revenue growth. Low 0.57x quick ratio suggests working capital is heavily tied to inventory, which can pressure retail flexibility.
What is BOOT's revenue and growth?
Boot Barn Holdings, Inc. reported revenue of $2.3B.
Does BOOT pay dividends?
Boot Barn Holdings, Inc. pays dividends, with $41.3M distributed to shareholders in the trailing twelve months.
Where can I find BOOT SEC filings?
Official SEC filings for Boot Barn Holdings, Inc. (CIK: 0001610250) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BOOT's EPS?
Boot Barn Holdings, Inc. has a diluted EPS of $7.35.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is BOOT's fundamental grade?
Based on our AI fundamental analysis in June 2026, Boot Barn Holdings, Inc. has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is BOOT stock overvalued or undervalued?
Valuation metrics for BOOT: ROE of 17.1% (sector avg: 18%), net margin of 10.0% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.
What is BOOT's AI grade for 2026?
Our dual AI analysis gives Boot Barn Holdings, Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is BOOT's free cash flow?
Boot Barn Holdings, Inc.'s operating cash flow is $304.9M, with capital expenditures of $178.6M. FCF margin is 5.6%.
How does BOOT compare to other Consumer stocks?
Vs Consumer sector averages: Net margin 10.0% (avg: 8%), ROE 17.1% (avg: 18%), current ratio 2.65 (avg: 1.5).