Boot Barn Holdings Inc (BOOT)

Operating return on assets (Operating ROA)

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Operating income US$ in thousands 239,352 198,214 231,787 258,338 86,326
Total assets US$ in thousands 2,018,020 1,705,590 1,517,380 1,199,860 933,581
Operating ROA 11.86% 11.62% 15.28% 21.53% 9.25%

March 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $239,352K ÷ $2,018,020K
= 11.86%

Boot Barn Holdings Inc's operating return on assets (Operating ROA) has shown fluctuations over the past five years.

- In March 2021, the Operating ROA was 9.25%, indicating that the company generated 9.25% in operating income for every dollar of assets it possessed.
- By March 2022, Boot Barn Holdings Inc experienced a significant improvement in its Operating ROA, reaching 21.53%. This suggests that the company became more efficient in generating operating income from its assets.
- In the subsequent years, the Operating ROA fluctuated between 15.28% in March 2023, 11.62% in March 2024, and 11.86% in March 2025. These fluctuations indicate some variability in the company's ability to generate operating income relative to its asset base.

Overall, the trend of Boot Barn Holdings Inc's Operating ROA shows variability, with a peak in 2022 followed by some fluctuations in the subsequent years. Investors and analysts may want to further investigate the factors contributing to these fluctuations to gauge the company's operational efficiency and asset utilization.


Peer comparison

Mar 31, 2025

Company name
Symbol
Operating ROA
Boot Barn Holdings Inc
BOOT
11.86%
Foot Locker Inc
FL
1.53%
Shoe Carnival Inc
SCVL
8.11%