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Boot Barn Holdings (Boot Barn Holdings) EBIT : $223 Mil (TTM As of Dec. 2023)


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What is Boot Barn Holdings EBIT?

Boot Barn Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $223 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Boot Barn Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 17.50%. Boot Barn Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 29.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Boot Barn Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.24%.


Boot Barn Holdings EBIT Historical Data

The historical data trend for Boot Barn Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boot Barn Holdings EBIT Chart

Boot Barn Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.33 73.62 86.69 258.37 231.76

Boot Barn Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.56 62.90 46.47 38.53 75.50

Competitive Comparison of Boot Barn Holdings's EBIT

For the Apparel Retail subindustry, Boot Barn Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boot Barn Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boot Barn Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Boot Barn Holdings's EV-to-EBIT falls into.



Boot Barn Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $223 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Boot Barn Holdings  (NYSE:BOOT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Boot Barn Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=300.588 * ( 1 - 25.81% )/( (1266.919 + 1281.98)/ 2 )
=223.0062372/1274.4495
=17.50 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1578.206 - 272.622 - ( 38.665 - max(0, 328.831 - 672.603+38.665))
=1266.919

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1673.505 - 284.359 - ( 107.166 - max(0, 343.602 - 735.129+107.166))
=1281.98

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Boot Barn Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=301.992/( ( (642.49 + max(361.316, 0)) + (674.83 + max(343.604, 0)) )/ 2 )
=301.992/( ( 1003.806 + 1018.434 )/ 2 )
=301.992/1011.12
=29.87 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.321 + 585.573 + 39.044) - (272.622 + 0 + 0)
=361.316

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.38 + 563.378 + 54.205) - (284.359 + 0 + 0)
=343.604

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Boot Barn Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=223.392/3578.109
=6.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Boot Barn Holdings EBIT Related Terms

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Boot Barn Holdings (Boot Barn Holdings) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.
Executives
James M Watkins officer: CFO and Secretary 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
James Grant Conroy director, officer: President and CEO 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Michael A Love officer: Senior Vice President Stores 4 CENTAURUS WAY, COTO DE CAZA CA 92679
Laurie Marie Grijalva officer: Chief Merchandising Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
John Hazen officer: Chief Digital Officer 14852 VANGUARD, HUNTINGTON BEACH CA 92647
Gregory V. Hackman officer: Chief Financial Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Peter Starrett director
Chris Bruzzo director 411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104
Anne Macdonald director 200 CARILLON PARKWAY, ST PETERSBURG FL 33716
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Gene Eddie Burt director 19601 N 27TH AVE, PHOENIX AZ 85027
Bradley Morgan Weston director 7644 PEPITA WAY, LA JOLLA CA 92037
Lisa Laube director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025