Boot Barn Holdings Inc (BOOT)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 717,038 | 614,424 | 610,572 | 575,073 | 294,879 |
| Revenue | US$ in thousands | 1,911,100 | 1,667,010 | 1,657,620 | 1,488,260 | 893,491 |
| Gross profit margin | 37.52% | 36.86% | 36.83% | 38.64% | 33.00% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $717,038K ÷ $1,911,100K
= 37.52%
Boot Barn Holdings Inc has shown a steady improvement in its gross profit margin over the past five years. Starting at 33.00% as of March 31, 2021, the gross profit margin increased to 38.64% by March 31, 2022. Subsequently, the margin experienced a slight dip to 36.83% by March 31, 2023, before stabilizing around 36.86% in the following year. The most recent data as of March 31, 2025, indicates a further uptick in the gross profit margin to 37.52%.
This trend suggests that Boot Barn Holdings Inc has been effectively managing its direct costs of goods sold relative to its revenue, resulting in an overall positive impact on its profitability. The consistent improvement in the gross profit margin reflects the company's ability to maintain healthy pricing strategies, control production costs, and potentially enhance operational efficiencies. Overall, the increasing trend in the gross profit margin demonstrates a positive trajectory for Boot Barn Holdings Inc's financial performance.
Peer comparison
Mar 31, 2025