Stocks · Consumer discretionary · Retail-Shoe Stores

Boot Barn Holdings, Inc.

BOOT Clue Score64
United States Fiscal year ends March CIK 0001610250
$119.96 -1.35% Close, 9 Oct 2026
Price $119.96 +28.56% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue629.8Operating income37.8Net income14.2EPS, diluted0.53Fiscal year 2018Revenue677.9 +7.6%Operating income46.3Net income28.9 +103.4%EPS, diluted1.05 +98.1%Fiscal year 2019Revenue776.9 +14.6%Operating income64.3Net income39.0 +35.1%EPS, diluted1.35 +28.6%Fiscal year 2020Revenue845.6 +8.8%Operating income73.7Net income47.9 +22.9%EPS, diluted1.64 +21.5%Fiscal year 2021Revenue893.5 +5.7%Operating income86.3Net income59.4 +23.9%EPS, diluted2.01 +22.6%Fiscal year 2022Revenue1,488.3 +66.6%Operating income258.3Net income192.5 +224.1%EPS, diluted6.33 +214.9%Fiscal year 2023Revenue1,657.6 +11.4%Operating income231.8Net income170.6 −11.4%EPS, diluted5.62 −11.2%Fiscal year 2024Revenue1,667.0 +0.6%Operating income198.2Net income147.0 −13.8%EPS, diluted4.80 −14.6%Fiscal year 2025Revenue1,911.1 +14.6%Operating income239.4Net income180.9 +23.1%EPS, diluted5.88 +22.5%Fiscal year 2026Revenue2,253.9 +17.9%Operating income299.1Net income225.9 +24.8%EPS, diluted7.35 +25.0%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 629.8 677.9 776.9 845.6 893.5 1,488.3 1,657.6 1,667.0 1,911.1 2,253.9
Growth +7.6% +14.6% +8.8% +5.7% +66.6% +11.4% +0.6% +14.6% +17.9%
Operating income 37.8 46.3 64.3 73.7 86.3 258.3 231.8 198.2 239.4 299.1
Net income 14.2 28.9 39.0 47.9 59.4 192.5 170.6 147.0 180.9 225.9
Growth +103.4% +35.1% +22.9% +23.9% +224.1% −11.4% −13.8% +23.1% +24.8%
EPS, diluted 0.53 1.05 1.35 1.64 2.01 6.33 5.62 4.80 5.88 7.35
Growth +98.1% +28.6% +21.5% +22.6% +214.9% −11.2% −14.6% +22.5% +25.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin30.1%Operating margin6.0%Net margin2.3%Free cash flow margin3.0%Fiscal year 2018Gross margin30.7%Operating margin6.8%Net margin4.3%Free cash flow margin2.9%Fiscal year 2019Gross margin32.4%Operating margin8.3%Net margin5.0%Free cash flow margin4.6%Fiscal year 2020Gross margin32.7%Operating margin8.7%Net margin5.7%Free cash flow margin−1.4%Fiscal year 2021Gross margin33.0%Operating margin9.7%Net margin6.6%Free cash flow margin14.3%Fiscal year 2022Gross margin38.6%Operating margin17.4%Net margin12.9%Free cash flow margin1.9%Fiscal year 2023Gross margin36.8%Operating margin14.0%Net margin10.3%Free cash flow margin−2.2%Fiscal year 2024Gross margin36.9%Operating margin11.9%Net margin8.8%Free cash flow margin7.0%Fiscal year 2025Gross margin37.5%Operating margin12.5%Net margin9.5%Free cash flow margin−0.0%Fiscal year 2026Gross margin38.1%Operating margin13.3%Net margin10.0%Free cash flow margin5.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 30.1% 30.7% 32.4% 32.7% 33.0% 38.6% 36.8% 36.9% 37.5% 38.1%
Operating margin 6.0% 6.8% 8.3% 8.7% 9.7% 17.4% 14.0% 11.9% 12.5% 13.3%
Net margin 2.3% 4.3% 5.0% 5.7% 6.6% 12.9% 10.3% 8.8% 9.5% 10.0%
Free cash flow margin 3.0% 2.9% 4.6% −1.4% 14.3% 1.9% −2.2% 7.0% −0.0% 5.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow41.2Capital expenditure−22.3Free cash flow18.9Fiscal year 2018Operating cash flow44.2Capital expenditure−24.4Free cash flow19.8 +4.9%Fiscal year 2019Operating cash flow63.3Capital expenditure−27.5Free cash flow35.7 +80.6%Fiscal year 2020Operating cash flow25.3Capital expenditure−37.2Free cash flow−11.9 −133.2%Fiscal year 2021Operating cash flow155.9Capital expenditure−28.4Free cash flow127.5Fiscal year 2022Operating cash flow88.9Capital expenditure−60.4Free cash flow28.4 −77.7%Fiscal year 2023Operating cash flow88.9Capital expenditure−124.5Free cash flow−35.6 −225.4%Fiscal year 2024Operating cash flow236.1Capital expenditure−118.8Free cash flow117.3Fiscal year 2025Operating cash flow147.5Capital expenditure−148.3Free cash flow−0.8 −100.6%Fiscal year 2026Operating cash flow304.9Capital expenditure−178.6Free cash flow126.3Buybacks−50.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 41.2 44.2 63.3 25.3 155.9 88.9 88.9 236.1 147.5 304.9
Capital expenditure −22.3 −24.4 −27.5 −37.2 −28.4 −60.4 −124.5 −118.8 −148.3 −178.6
Free cash flow 18.9 19.8 35.7 −11.9 127.5 28.4 −35.6 117.3 −0.8 126.3
Growth +4.9% +80.6% −133.2% −77.7% −225.4% −100.6%
Buybacks n/a n/a n/a n/a n/a n/a n/a n/a n/a −50.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash8.0Shareholders’ equity179.9Fiscal year 2018Cash9.0Shareholders’ equity214.6Fiscal year 2019Cash16.6Shareholders’ equity264.2Fiscal year 2020Cash69.6Shareholders’ equity321.7Fiscal year 2021Cash73.1Shareholders’ equity394.9Fiscal year 2022Cash20.7Shareholders’ equity599.7Fiscal year 2023Cash18.2Shareholders’ equity776.5Fiscal year 2024Cash75.8Shareholders’ equity943.6Fiscal year 2025Cash69.8Shareholders’ equity1,131.1Fiscal year 2026Cash141.0Shareholders’ equity1,318.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 8.0 9.0 16.6 69.6 73.1 20.7 18.2 75.8 69.8 141.0
Shareholders’ equity 179.9 214.6 264.2 321.7 394.9 599.7 776.5 943.6 1,131.1 1,318.7

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Apr 2017 FY2018 31 Mar 2018 FY2019 30 Mar 2019 FY2020 28 Mar 2020 FY2021 27 Mar 2021 FY2022 26 Mar 2022 FY2023 1 Apr 2023 FY2024 30 Mar 2024 FY2025 29 Mar 2025 FY2026 28 Mar 2026
Revenue and profit
629.8 677.9 776.9 845.6 893.5 1,488.3 1,657.6 1,667.0 1,911.1 2,253.9
Growth +7.6% +14.6% +8.8% +5.7% +66.6% +11.4% +0.6% +14.6% +17.9%
439.9 470.0 525.4 569.1 598.6 913.2 1,047.0 1,052.6 1,194.1 1,395.5
189.9 207.9 251.4 276.5 294.9 575.1 610.6 614.4 717.0 858.4
Growth +9.5% +20.9% +10.0% +6.7% +95.0% +6.2% +0.6% +16.7% +19.7%
152.1 161.7 187.1 202.8 208.6 316.7 378.8 416.2 477.7 559.2
37.8 46.3 64.3 73.7 86.3 258.3 231.8 198.2 239.4 299.1
Growth +22.3% +39.1% +14.5% +17.2% +199.3% −10.3% −14.5% +20.8% +25.0%
23.1 31.2 48.0 60.3 77.3 252.6 225.9 197.4 240.1 300.6
8.9 2.3 9.0 12.4 17.9 60.1 55.3 50.4 59.2 74.7
14.2 28.9 39.0 47.9 59.4 192.5 170.6 147.0 180.9 225.9
Growth +103.4% +35.1% +22.9% +23.9% +224.1% −11.4% −13.8% +23.1% +24.8%
Per share
0.54 1.08 1.39 1.68 2.05 6.51 5.72 4.87 5.93 7.40
0.53 1.05 1.35 1.64 2.01 6.33 5.62 4.80 5.88 7.35
Growth +98.1% +28.6% +21.5% +22.6% +214.9% −11.2% −14.6% +22.5% +25.0%
26.5 26.7 28.1 28.6 28.9 29.6 29.8 30.2 30.5 30.5
26.9 27.5 28.8 29.2 29.5 30.4 30.4 30.6 30.8 30.7
Growth +2.2% +4.7% +1.4% +0.9% +3.1% −0.1% +0.8% +0.5% −0.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 20.3% a year over five years, and earnings per share grew 29.6% a year.
  • The diluted share count rose 4.3% in five years, which is dilution.
  • Operating margin is up 3.6 points on five years ago, at 13.3%.
  • Profitable in every one of the 10 years on file.