📊 BOOT Key Takeaways
Is Boot Barn Holdings, Inc. (BOOT) a Good Investment?
Boot Barn demonstrates solid operational execution with 14.6% revenue growth and strong free cash flow generation of $172.9M, supported by healthy profitability margins and low leverage. The company's balance sheet is well-positioned with a 2.4x current ratio and modest debt-to-equity of 0.15x, though the muted net income growth (0.0% YoY) despite revenue expansion suggests margin pressure that warrants monitoring.
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.
Why Buy Boot Barn Holdings, Inc. Stock? BOOT Key Strengths
- Strong revenue growth of 14.6% YoY indicating market demand and expansion
- Robust free cash flow of $172.9M (10.1% FCF margin) supporting shareholder returns and reinvestment
- Healthy balance sheet with low leverage (0.15x debt-to-equity) and strong liquidity position
- Solid profitability metrics with 38.6% gross margin and 14.1% operating margin
- Positive ROE of 14.1% and ROA of 7.6% demonstrate efficient capital deployment
- 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 stagnation (0.0% YoY growth) despite 14.6% revenue growth signals margin compression and operational headwinds
- Quick ratio of 0.57x indicates potential inventory-heavy balance sheet typical of retail, creating working capital risk
- Retail sector vulnerability to economic cycles, consumer spending weakness, and inventory management challenges
- EPS growth of 22.5% decoupled from net income growth suggests share buyback dependency rather than organic profit growth
- Limited insider buying activity (1 Form 4 filing in 90 days) may reflect management confidence concerns
- 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
- Net income and operating margin trends in next quarters to assess if compression continues
- Free cash flow sustainability and capital allocation between debt reduction, buybacks, and growth investments
- Inventory turnover and working capital management given low quick ratio
- Same-store sales growth and comparable store performance
- Gross margin expansion potential and ability to maintain pricing power in competitive retail environment
- 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 2.40x 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 114% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.62 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
❓ Frequently Asked Questions about BOOT
What is the AI rating for BOOT?
Boot Barn Holdings, Inc. (BOOT) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BOOT's key strengths?
Claude: Strong revenue growth of 14.6% YoY indicating market demand and expansion. Robust free cash flow of $172.9M (10.1% FCF margin) supporting shareholder returns and reinvestment. 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 stagnation (0.0% YoY growth) despite 14.6% revenue growth signals margin compression and operational headwinds. Quick ratio of 0.57x indicates potential inventory-heavy balance sheet typical of retail, creating working capital risk. 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 $1.7B.
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 $5.90.
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 rating reflects both perspectives for balanced insights.
Is BOOT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Boot Barn Holdings, Inc. has a BUY rating with 82% 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 14.1% (sector avg: 18%), net margin of 10.6% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.
Should I buy BOOT stock in 2026?
Our dual AI analysis gives Boot Barn Holdings, Inc. a combined BUY rating 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 $309.3M, with capital expenditures of $136.4M. FCF margin is 10.1%.
How does BOOT compare to other Consumer stocks?
Vs Consumer sector averages: Net margin 10.6% (avg: 8%), ROE 14.1% (avg: 18%), current ratio 2.40 (avg: 1.5).