Boot Barn Holdings Inc (BOOT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 198,214 | 222,686 | 220,035 | 225,607 | 231,787 | 231,460 | 251,156 | 257,120 | 258,338 | 228,809 | 178,243 | 138,171 | 86,326 | 63,162 | 56,513 | 59,405 | 73,668 | 80,471 | 74,791 | 70,554 |
| 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 |
| Operating profit margin | 11.90% | 13.07% | 12.96% | 13.47% | 13.99% | 14.34% | 15.84% | 16.62% | 17.37% | 16.78% | 15.10% | 13.13% | 9.66% | 7.67% | 7.02% | 7.36% | 8.71% | 9.47% | 9.12% | 8.81% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $198,214K ÷ $1,666,161K
= 11.90%
Boot Barn Holdings Inc's operating profit margin has shown some volatility over the past several quarters. The margin has ranged from a low of 7.02% in September 2020 to a high of 17.37% in March 2022. Generally, the operating profit margin has been above 10% in recent quarters, indicating the company's ability to generate profits from its core operations relative to its revenue.
There was a noticeable decline in the operating profit margin from the peak in March 2022 to the low in March 2021, which may point to challenges or changes in the company's operating environment during that period. However, there has been a gradual recovery in the margin since then, with the most recent figure at 11.90% as of March 2024.
Overall, while there have been fluctuations in the operating profit margin, the company has maintained a relatively healthy level of profitability in recent quarters. Monitoring this metric along with other financial ratios can provide insights into the company's operational efficiency and performance over time.
Peer comparison
Mar 31, 2024