Boot Barn Holdings Inc (BOOT)

Operating return on assets (Operating ROA)

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Operating income (ttm) US$ in thousands 239,352 227,909 203,592 202,191 198,214 222,686 220,035 225,607 231,787 231,460 251,156 257,120 258,338 228,809 178,243 138,171 86,326 63,162 56,513 59,405
Total assets US$ in thousands 2,018,020 2,013,020 1,866,780 1,774,460 1,836,010 1,673,500 1,578,210 1,506,470 1,517,380 1,512,450 1,485,940 1,321,220 1,199,860 1,187,980 1,037,420 950,495 933,581 892,172 864,306 903,453
Operating ROA 11.86% 11.32% 10.91% 11.39% 10.80% 13.31% 13.94% 14.98% 15.28% 15.30% 16.90% 19.46% 21.53% 19.26% 17.18% 14.54% 9.25% 7.08% 6.54% 6.58%

March 31, 2025 calculation

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

Boot Barn Holdings Inc's operating return on assets (operating ROA) has shown fluctuation over the past few years. Starting from June 30, 2020, the operating ROA was 6.58%, showing a slight decrease to 6.54% by September 30, 2020. Subsequently, there was an improvement with an operating ROA of 7.08% by December 31, 2020. The trend of improvement continued with significant increases in the following quarters, reaching a high of 21.53% on March 31, 2022.

However, from that point on, there was a decrease in operating ROA, dropping to 10.80% by March 31, 2024. The operating ROA then fluctuated around the 10-13% range until March 31, 2025, where it increased slightly to 11.86%.

Overall, Boot Barn Holdings Inc's operating ROA has exhibited variability, with periods of improvement followed by declines. It is important for stakeholders to monitor this metric closely to assess the company's operational efficiency and profitability.


Peer comparison

Mar 31, 2025

Company name
Symbol
Operating ROA
Boot Barn Holdings Inc
BOOT
11.86%
Foot Locker Inc
FL
1.73%
Shoe Carnival Inc
SCVL
8.11%