Boot Barn Holdings Inc (BOOT)
Gross profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 614,424 | 630,818 | 619,525 | 614,705 | 610,572 | 603,576 | 607,421 | 596,476 | 575,073 | 518,616 | 433,766 | 371,105 | 294,879 | 260,461 | 250,688 | 254,536 | 276,491 | 281,936 | 270,563 | 262,143 |
| Revenue (ttm) | US$ in thousands | 1,666,161 | 1,703,269 | 1,697,413 | 1,674,491 | 1,656,641 | 1,613,747 | 1,585,275 | 1,546,627 | 1,487,461 | 1,363,824 | 1,180,258 | 1,052,056 | 893,495 | 823,251 | 804,910 | 807,578 | 845,563 | 849,690 | 819,699 | 800,625 |
| Gross profit margin | 36.88% | 37.04% | 36.50% | 36.71% | 36.86% | 37.40% | 38.32% | 38.57% | 38.66% | 38.03% | 36.75% | 35.27% | 33.00% | 31.64% | 31.14% | 31.52% | 32.70% | 33.18% | 33.01% | 32.74% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $614,424K ÷ $1,666,161K
= 36.88%
Boot Barn Holdings Inc's gross profit margin has shown fluctuation over the past few quarters. The margin has ranged from a low of 31.14% in September 2020 to a high of 38.66% in March 2022. Overall, the margin has been relatively stable, with the most recent figure reported at 36.88% as of March 31, 2024. This indicates that the company is able to effectively manage its cost of goods sold and maintain a reasonable level of profitability from its sales. Investors and analysts may want to monitor this metric closely to track the company's ability to maintain or improve its gross profit margin over time.
Peer comparison
Mar 31, 2024