Boot Barn Holdings Inc (BOOT)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 197,372 | 225,878 | 252,593 | 77,250 | 60,313 |
| Revenue | US$ in thousands | 1,665,680 | 1,656,570 | 1,487,310 | 893,404 | 845,158 |
| Pretax margin | 11.85% | 13.64% | 16.98% | 8.65% | 7.14% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $197,372K ÷ $1,665,680K
= 11.85%
The pretax margin of Boot Barn Holdings Inc has fluctuated over the past five years. The company's pretax margin was 11.85% in 2024, which decreased from 13.64% in 2023 and 16.98% in 2022. This decline indicates a potential decrease in the company's profitability before accounting for taxes in 2024 compared to the previous two years. However, the pretax margin in 2024 is still higher than in 2021 (8.65%) and 2020 (7.14%), suggesting an overall improvement in profitability over the past five years. It is important for the company to closely monitor its cost structure and revenue generation strategies to maintain and potentially enhance its pretax margin in the future.
Peer comparison
Mar 31, 2024