Boot Barn Holdings Inc (BOOT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,131,060 | 943,643 | 776,450 | 599,676 | 394,891 |
| ROE | 16.00% | 15.58% | 21.97% | 32.09% | 15.04% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $180,942K ÷ $1,131,060K
= 16.00%
Boot Barn Holdings Inc's return on equity (ROE) has fluctuated over the past five years. In March 2021, the ROE was 15.04%, indicating that for every dollar of shareholders' equity, the company generated a return of 15.04%. The ROE increased significantly to 32.09% by March 2022, reflecting improved profitability and efficiency in utilizing equity.
However, in the following years, the ROE experienced fluctuations. By March 2023, the ROE dropped to 21.97%, indicating a decrease in the company's ability to generate profit from equity. The ROE further decreased to 15.58% in March 2024, suggesting potential challenges in maintaining profitability and efficiency.
By March 2025, Boot Barn Holdings Inc's ROE slightly improved to 16.00%, albeit remaining below the levels seen in earlier years. This fluctuation in ROE over the years may indicate changes in profitability, operational efficiency, or the company's capital structure. Monitoring the trends in ROE can provide valuable insights into the company's performance and sustainability in generating returns for its shareholders.
Peer comparison
Mar 31, 2025