Boot Barn Holdings Inc (BOOT)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 180,942 | 146,996 | 170,553 | 192,450 | 59,386 |
| Total assets | US$ in thousands | 2,018,020 | 1,705,590 | 1,517,380 | 1,199,860 | 933,581 |
| ROA | 8.97% | 8.62% | 11.24% | 16.04% | 6.36% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $180,942K ÷ $2,018,020K
= 8.97%
Boot Barn Holdings Inc's return on assets (ROA) has seen fluctuations over the past few years. Beginning at 6.36% on March 31, 2021, the ROA increased significantly to 16.04% by March 31, 2022, showcasing a strong improvement in asset utilization efficiency. However, in the following years, the ROA slightly declined to 11.24% on March 31, 2023, and further to 8.62% on March 31, 2024. Despite the decreases, the company's ROA remained above the initial level, indicating continued effectiveness in generating profits relative to the assets employed.
On March 31, 2025, Boot Barn Holdings Inc's ROA recovered slightly to 8.97%, suggesting a modest improvement in asset management compared to the preceding year. Overall, the company has demonstrated varying levels of efficiency in utilizing its assets to generate profits, with room for potential enhancement or optimization in the future.
Peer comparison
Mar 31, 2025