Boot Barn Holdings, Inc. (BOOT) Key Metrics
BOOT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.69B
- Enterprise value
- $4.44B
- P/E (TTM)
- 15.4 10-yr median 18.5
- Forward P/E
- 14.4
- PEG ratio
- 1.72
- Price / sales
- 1.6 10-yr median 1.6
- Price / book
- 2.8 10-yr median 3.0
- EV / EBITDA
- 10.9 10-yr median 11.6
- Dividend yield
- —
- Beta
- 1.76
BOOT key metrics, FY2017–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsBOOT valuation Price multiples at each fiscal year-end price.
BOOT returns How much profit the business earns on the capital it uses.
BOOT per-share figures Results divided by the shares outstanding at year-end.
BOOT financial health Debt, liquidity and how easily interest is covered.
BOOT efficiency & capital use Working capital cycle and where the cash goes.
BOOT valuation history
BOOT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BOOT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BOOT cash returned to shareholders
BOOT price vs earnings per share
BOOT key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.50B | $3.31B | $2.91B | $2.33B | $2.88B | $1.84B | $377.8M | $848.3M | $488.1M | $266.4M |
| Enterprise value | $5.13B | $3.80B | $3.30B | $2.76B | $3.17B | $2.09B | $742.9M | $1.01B | $695.1M | $496.5M |
| P/E ratio | 19.9 | 18.3 | 19.8 | 13.6 | 15.0 | 30.9 | 7.9 | 21.7 | 16.9 | 18.8 |
| Price / sales | 2.0 | 1.7 | 1.7 | 1.4 | 1.9 | 2.1 | 0.4 | 1.1 | 0.7 | 0.4 |
| Price / book | 3.4 | 2.9 | 3.1 | 3.0 | 4.8 | 4.7 | 1.2 | 3.2 | 2.3 | 1.5 |
| Price / free cash flow | 35.6 | — | 24.8 | — | 101.4 | 14.4 | — | 23.7 | 24.7 | 14.1 |
| Price / operating cash flow | 14.8 | 22.4 | 12.3 | 26.2 | 32.4 | 11.8 | 14.9 | 13.4 | 11.0 | 6.5 |
| EV / sales | 2.3 | 2.0 | 2.0 | 1.7 | 2.1 | 2.3 | 0.9 | 1.3 | 1.0 | 0.8 |
| EV / EBITDA | 13.5 | 12.5 | 13.3 | 10.3 | 11.1 | 14.4 | 7.8 | 12.2 | 11.0 | 9.1 |
| EV / free cash flow | 40.6 | — | 28.2 | — | 111.4 | 16.4 | — | 28.4 | 35.1 | 26.3 |
| Earnings yield | 5.0% | 5.5% | 5.0% | 7.3% | 6.7% | 3.2% | 12.7% | 4.6% | 5.9% | 5.3% |
| Free cash flow yield | 2.8% | −0.0% | 4.0% | −1.5% | 1.0% | 6.9% | −3.1% | 4.2% | 4.1% | 7.1% |
| Dividend yield | — | — | — | 0.1% | 0.1% | 0.4% | 1.2% | 0.9% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 1.3% | 0.2% | 0.1% | 0.4% | 0.2% | 0.4% | 1.4% | 1.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $146.36 | $107.43 | $95.15 | $76.64 | $94.79 | $62.31 | $12.93 | $29.44 | $17.73 | $9.89 |
| Per share | ||||||||||
| Revenue per share | $73.33 | $62.10 | $54.46 | $54.58 | $48.97 | $30.31 | $28.94 | $26.96 | $24.63 | $23.38 |
| Earnings per share | $7.35 | $5.88 | $4.80 | $5.62 | $6.33 | $2.01 | $1.64 | $1.35 | $1.05 | $0.53 |
| Operating cash flow per share | $9.92 | $4.79 | $7.71 | $2.93 | $2.92 | $5.29 | $0.87 | $2.20 | $1.61 | $1.53 |
| Free cash flow per share | $4.11 | −$0.02 | $3.83 | −$1.17 | $0.94 | $4.33 | −$0.41 | $1.24 | $0.72 | $0.70 |
| Cash per share | $4.59 | $2.27 | $2.48 | $0.60 | $0.68 | $2.48 | $2.38 | $0.58 | $0.33 | $0.30 |
| Book value per share | $42.90 | $36.75 | $30.83 | $25.57 | $19.73 | $13.40 | $11.01 | $9.17 | $7.80 | $6.68 |
| Tangible book value per share | $34.56 | $28.43 | $22.46 | $17.06 | $11.23 | $4.63 | $2.16 | $0.19 | −$1.52 | −$2.88 |
| Dividends per share | — | — | — | $0.11 | $0.09 | $0.23 | $0.16 | $0.27 | $0.00 | $0.00 |
| Capex per share | $5.81 | $4.82 | $3.88 | $4.10 | $1.99 | $0.96 | $1.27 | $0.96 | $0.89 | $0.83 |
| Debt per share | $25.17 | $18.30 | $15.25 | $14.74 | $10.08 | $11.23 | $14.87 | $6.30 | $7.85 | $8.84 |
| Shares outstanding | 30.7M | 30.8M | 30.6M | 30.4M | 30.4M | 29.5M | 29.2M | 28.8M | 27.5M | 26.9M |
| Change in shares outstanding | −0.1% | +0.5% | +0.8% | −0.1% | +3.1% | +0.9% | +1.4% | +4.7% | +2.2% | −0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 18.4% | 17.4% | 17.1% | 24.8% | 38.7% | 16.6% | 16.4% | 16.3% | 14.6% | 8.3% |
| Return on invested capital (ROIC) | 12.6% | 12.2% | 11.6% | 16.7% | 25.6% | 9.9% | 10.5% | 12.3% | 10.3% | 5.7% |
| Return on assets (ROA) | 9.6% | 9.7% | 9.1% | 12.6% | 18.0% | 6.4% | 6.1% | 6.4% | 5.0% | 2.6% |
| Return on tangible assets | 9.4% | 10.3% | 10.1% | 13.5% | 20.4% | 8.8% | 7.2% | 10.3% | 8.7% | 4.6% |
| Free cash flow margin | 5.6% | −0.0% | 7.0% | −2.2% | 1.9% | 14.3% | −1.4% | 4.6% | 2.9% | 3.0% |
| Income quality (OCF / net income) | 1.35 | 0.82 | 1.61 | 0.52 | 0.46 | 2.63 | 0.53 | 1.62 | 1.53 | 2.90 |
| Financial health | ||||||||||
| Total debt | $773.5M | $563.0M | $466.8M | $447.7M | $306.2M | $331.0M | $434.6M | $181.6M | $216.0M | $238.1M |
| Cash & short-term investments | $141.0M | $69.8M | $75.8M | $18.2M | $20.7M | $73.1M | $69.6M | $16.6M | $9.0M | $8.0M |
| Net debt | $632.4M | $493.3M | $390.9M | $429.5M | $285.6M | $257.9M | $365.1M | $165.0M | $207.0M | $230.1M |
| Debt / equity | 0.59 | 0.50 | 0.49 | 0.58 | 0.51 | 0.84 | 1.35 | 0.69 | 1.01 | 1.32 |
| Debt / assets | 0.29 | 0.28 | 0.27 | 0.30 | 0.26 | 0.35 | 0.47 | 0.29 | 0.37 | 0.42 |
| Net debt / EBITDA | 1.66 | 1.62 | 1.57 | 1.60 | 1.00 | 1.78 | 3.84 | 1.98 | 3.27 | 4.22 |
| Current ratio | 2.64 | 2.45 | 2.33 | 1.79 | 1.61 | 1.69 | 1.23 | 1.83 | 1.60 | 1.52 |
| Quick ratio | 0.48 | 0.33 | 0.42 | 0.21 | 0.20 | 0.45 | 0.31 | 0.24 | 0.20 | 0.24 |
| Interest coverage | 195.9 | 159.9 | 88.6 | 39.4 | 44.7 | 9.1 | 5.5 | 3.9 | 3.1 | 2.6 |
| Working capital | $641.7M | $510.6M | $416.8M | $294.3M | $205.4M | $152.8M | $72.0M | $125.4M | $90.1M | $76.5M |
| Invested capital | $1.95B | $1.62B | $1.33B | $1.21B | $885.3M | $652.8M | $686.8M | $429.2M | $421.6M | $410.0M |
| Tangible asset value | $1.06B | $874.9M | $687.4M | $518.2M | $341.4M | $136.5M | $63.2M | $5.5M | −$41.9M | −$77.7M |
| Net current asset value | −$314.4M | −$23.0M | −$32.3M | −$71.8M | −$58.3M | −$164.2M | −$218.4M | −$94.6M | −$132.2M | −$161.4M |
| Graham number | $84.23 | $69.73 | $57.71 | $56.84 | $53.02 | $24.64 | $20.16 | $16.71 | $13.57 | $8.90 |
| Graham net-net per share | −$24.93 | −$13.96 | −$12.13 | −$13.77 | −$11.03 | −$10.79 | −$12.87 | −$7.94 | −$9.11 | −$10.23 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $3.5M | $2.9M | $6.7M | $4.7M | $7.7M | $0 | $0 |
| Share buybacks (net) | $57.3M | $7.6M | $2.5M | $4.7M | $2.9M | $754,000 | $532,000 | $474,000 | $125,000 | $69,000 |
| Dividend payout ratio | — | — | — | 2.0% | 1.5% | 11.2% | 9.7% | 19.6% | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | 45.4% | — | 2.1% | — | 20.3% | 5.8% | — | 22.8% | 0.6% | 0.4% |
| Capex / revenue | 7.9% | 7.8% | 7.1% | 7.5% | 4.1% | 3.2% | 4.4% | 3.5% | 3.6% | 3.5% |
| Capex / operating cash flow | 58.6% | 100.5% | 50.3% | 140.1% | 68.0% | 18.2% | 146.9% | 43.5% | 55.2% | 54.2% |
| Capex / depreciation | 2.27 | 2.37 | 2.40 | 3.47 | 2.22 | 0.49 | 1.74 | 1.46 | 1.43 | 1.33 |
| Stock-based compensation / revenue | 0.7% | 0.6% | 0.8% | 0.6% | 0.6% | 0.8% | 0.6% | 0.4% | 0.3% | 0.5% |
| SG&A / revenue | 24.8% | 25.0% | 25.0% | 22.9% | 21.3% | 23.3% | 24.0% | 24.1% | 23.8% | 23.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 3.4 | 3.7 | 3.7 | 2.5 | 2.8 | 6.1 | 5.5 | 4.3 | 5.5 | 5.8 |
| Days of inventory on hand | 208.2 | 205.8 | 206.1 | 185.4 | 149.9 | 172.1 | 169.8 | 157.1 | 155.5 | 151.6 |
| Days payables outstanding | 36.2 | 40.9 | 46.3 | 46.3 | 47.2 | 61.0 | 64.2 | 67.7 | 65.0 | 59.8 |
| Cash conversion cycle (days) | 175.4 | 168.6 | 163.4 | 141.6 | 105.5 | 117.3 | 111.0 | 93.7 | 96.0 | 97.6 |
| Receivables turnover | 107.11 | 98.27 | 99.89 | 145.36 | 132.68 | 59.51 | 66.70 | 84.82 | 66.94 | 62.88 |
| Payables turnover | 10.09 | 8.93 | 7.88 | 7.88 | 7.74 | 5.99 | 5.68 | 5.39 | 5.61 | 6.11 |
| Inventory turnover | 1.75 | 1.77 | 1.77 | 1.97 | 2.43 | 2.12 | 2.15 | 2.32 | 2.35 | 2.41 |
| Asset turnover | 0.96 | 1.03 | 1.03 | 1.22 | 1.40 | 0.96 | 1.08 | 1.27 | 1.18 | 1.14 |
| Average receivables | $21.0M | $19.4M | $16.7M | $11.4M | $11.2M | $15.0M | $12.7M | $9.2M | $10.1M | $10.0M |
| Average payables | $138.3M | $133.7M | $133.6M | $132.8M | $118.0M | $100.0M | $100.1M | $97.5M | $83.7M | $72.0M |
| Average inventory | $795.9M | $673.2M | $594.3M | $531.9M | $375.0M | $282.2M | $264.7M | $226.1M | $200.3M | $182.7M |
| Intangibles / total assets | 9.6% | 12.7% | 15.0% | 17.0% | 21.5% | 27.7% | 28.0% | 40.7% | 43.6% | 45.5% |
Computed from BOOT's annual financial statements (latest annual report filed May 14, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BOOT valuation and financial ratios
At the end of fiscal 2026 (March 31, 2026), Boot Barn traded at 19.9 times earnings, against a 10-year median of 18.5. Based on the latest twelve months, the trailing P/E is 15.4 and the forward P/E is 14.4. Boot Barn earned a return on equity of 18.4% and a return on invested capital of 12.6% in fiscal 2026. It ended the year with $773.5 million of debt and $141.0 million in cash and short-term investments, net debt of $632.4 million. It returned $57.3 million to shareholders: $0 in dividends and $57.3 million in share buybacks, 45% of free cash flow. The share count rose 14.1% from 26.9M to 30.7M over 9 years.
See the BOOT income statement, the BOOT chart for price history, or the BOOT stock overview for the latest quote and news.
BOOT key metrics FAQ
What is Boot Barn's P/E ratio?
Boot Barn's trailing P/E ratio is 15.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.4. At the end of fiscal 2026 it was 19.9, compared with a 10-year median of 18.5.
What is Boot Barn's EV/EBITDA?
Boot Barn's enterprise value was 13.5 times EBITDA at the end of fiscal 2026 (enterprise value $5.1 billion, EBITDA $380.8 million); the current EV/EBITDA is 10.9.
What is Boot Barn's return on equity?
Boot Barn's return on equity (ROE) was 18.4% in fiscal 2026: net income of $225.9 million on average shareholders' equity of $1.2 billion.
What is Boot Barn's ROIC?
Boot Barn's return on invested capital was 12.6% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Boot Barn have?
Boot Barn had total debt of $773.5 million at the end of fiscal 2026, a debt-to-equity ratio of 0.59 and $632.4 million of net debt (1.66 times EBITDA).
Does Boot Barn buy back its shares?
Yes. Boot Barn spent $57.3 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.1% over the year, to 30.7M..
What is Boot Barn's free cash flow yield?
Boot Barn generated $126.3 million of free cash flow in fiscal 2026, a free cash flow yield of 2.8% on its market value at year-end ($4.5 billion).
What is Boot Barn's current ratio?
Boot Barn's current ratio was 2.64 at the end of fiscal 2026: current assets were 2.64 times current liabilities.