Boot Barn Holdings Inc (BOOT)
Return on equity (ROE)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 146,996 | 170,553 | 192,450 | 59,386 | 47,949 |
| Total stockholders’ equity | US$ in thousands | 943,643 | 776,450 | 599,676 | 394,891 | 321,693 |
| ROE | 15.58% | 21.97% | 32.09% | 15.04% | 14.91% |
March 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $146,996K ÷ $943,643K
= 15.58%
Boot Barn Holdings Inc's return on equity (ROE) has shown fluctuating trends over the past five years, as evidenced by the data provided. ROE decreased from 32.09% in 2022 to 15.04% in 2021 before slightly increasing to 15.58% in 2024. This fluctuation indicates potential changes in the company's profitability and management of shareholder equity. While the ROE in 2023 was relatively high at 21.97%, it has not been sustained consistently at that level. Overall, the ROE figures suggest that the company's performance in generating profits from shareholders' equity has varied over the period under review. Further analysis and comparison with industry peers may provide additional insights into the factors driving these fluctuations and help evaluate Boot Barn Holdings Inc's financial performance relative to its peers.
Peer comparison
Mar 31, 2024