Boot Barn Holdings Inc (BOOT)
Pretax margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 240,117 | 197,372 | 225,878 | 252,593 | 77,250 |
| Revenue | US$ in thousands | 1,911,100 | 1,667,010 | 1,657,620 | 1,488,260 | 893,491 |
| Pretax margin | 12.56% | 11.84% | 13.63% | 16.97% | 8.65% |
March 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $240,117K ÷ $1,911,100K
= 12.56%
Boot Barn Holdings Inc has demonstrated fluctuations in its pretax margin over the past five years. The company's pretax margin increased from 8.65% as of March 31, 2021, to 16.97% as of March 31, 2022, indicating a significant improvement in profitability. However, there was a decline in the pretax margin to 13.63% by March 31, 2023, followed by further decreases to 11.84% by March 31, 2024, and then a slight recovery to 12.56% by March 31, 2025.
The fluctuations in the pretax margin suggest that Boot Barn Holdings Inc may have experienced changes in its cost structure, pricing strategies, or operating efficiency during this period. It is important for investors and stakeholders to closely monitor the trends in pretax margin to assess the company's ability to generate profits before accounting for income taxes.
Overall, while Boot Barn Holdings Inc's pretax margin has shown variability over the years, the company has managed to maintain a reasonable level of profitability, albeit with some fluctuations. Continued monitoring and analysis of this metric will be essential to understand the factors driving the changes in profitability and to assess the company's financial performance.
Peer comparison
Mar 31, 2025