Boot Barn Holdings Inc (BOOT)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 36.89% | 36.86% | 38.67% | 33.01% | 32.71% |
| Operating profit margin | 11.90% | 13.99% | 17.37% | 9.66% | 8.72% |
| Pretax margin | 11.85% | 13.64% | 16.98% | 8.65% | 7.14% |
| Net profit margin | 8.82% | 10.30% | 12.94% | 6.65% | 5.67% |
Boot Barn Holdings Inc has shown consistent performance in terms of profitability ratios over the past five years. The gross profit margin has remained relatively stable, ranging from 32.71% to 38.67%, indicating the company's ability to manage its cost of goods sold effectively.
The operating profit margin has also been relatively steady, with a slight decrease in the most recent year compared to the previous year. This implies that the company has been able to efficiently control its operating expenses to generate profits.
The pretax margin and net profit margin have followed a similar trend, showing a gradual increase over the years. This suggests that Boot Barn Holdings Inc has been successful in improving its overall profitability through effective cost management and revenue growth.
Overall, the company's profitability ratios indicate a consistent and positive performance, reflecting strong financial management and operational efficiency.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.62% | 15.28% | 21.53% | 9.25% | 7.97% |
| Return on assets (ROA) | 8.62% | 11.24% | 16.04% | 6.36% | 5.19% |
| Return on total capital | 21.01% | 29.85% | 43.08% | 17.11% | 17.10% |
| Return on equity (ROE) | 15.58% | 21.97% | 32.09% | 15.04% | 14.91% |
Boot Barn Holdings Inc's profitability ratios have shown fluctuating trends over the past five years. The Operating return on assets (Operating ROA) decreased from 15.28% in 2023 to 11.62% in 2024, indicating a decline in the company's ability to generate operating profits from its assets. However, the ROA also saw a decrease from 11.24% in 2023 to 8.62% in 2024, suggesting a lower overall profitability relative to its total assets.
On the other hand, the Return on total capital increased from 29.85% in 2023 to 21.01% in 2024, showcasing a higher return on the company's total invested capital. The Return on equity (ROE) also exhibited a decrease from 21.97% in 2023 to 15.58% in 2024, pointing to a reduced profitability for the company's shareholders.
Overall, the fluctuating trends in these ratios indicate varying levels of profitability and efficiency in utilizing assets and capital over the years, which may require further analysis to understand the underlying reasons and potential implications for the company's financial performance.