Boot Barn Holdings (STU:OBB) Asset Turnover: 0.22 (As of Mar. 2026)


STU:OBB Boot Barn Holdings Inc STU:OBB
96 GF Score
Price €141.05
GF Value €151.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Boot Barn Holdings Asset Turnover?

Boot Barn Holdings STU:OBB +2.54% 96 Asset Turnover is 0.22 as of Mar. 2026. GuruFocus rates STU:OBB with a GF Score™ of 96/100 and a GF Value™ of €151.42 (Fairly Valued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Boot Barn Holdings's Revenue for the three months ended in Mar. 2026 was €466 Mil. Boot Barn Holdings's Total Assets for the quarter that ended in Mar. 2026 was €2,084 Mil. Therefore, Boot Barn Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Boot Barn Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 13.75%. It is also linked to ROA % through Du Pont Formula. Boot Barn Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 7.38%.


Boot Barn Holdings  (STU:OBB) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Boot Barn Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=153.764/1118.1785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(153.764 / 1864.084)*(1864.084 / 2083.798)*(2083.798/ 1118.1785)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.25 %*0.8946*1.8636
=ROA %*Equity Multiplier
=7.38 %*1.8636
=13.75 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Boot Barn Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=153.764/2083.798
=(Net Income / Revenue)*(Revenue / Total Assets)
=(153.764 / 1864.084)*(1864.084 / 2083.798)
=Net Margin %*Asset Turnover
=8.25 %*0.8946
=7.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Boot Barn Holdings Asset Turnover Related Terms


Boot Barn Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Boot Barn Holdings's Asset Turnover 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.

Boot Barn Holdings Asset Turnover Chart

Boot Barn Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.24 1.03 1.03 0.98

Boot Barn Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.22 0.24 0.23 0.30 0.22

STU:OBB vs URBN, ANF, VSXY: Asset Turnover Comparison

For the Apparel Retail subindustry, Boot Barn Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Cyclical Industry

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

* The bar in red indicates where Boot Barn Holdings's Asset Turnover falls into.


STU:OBB
96GF Score
Boot Barn Holdings Inc STU:OBB
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Boot Barn Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Boot Barn Holdings's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1949.588/( (1866.669+2119.315)/ 2 )
=1949.588/1992.992
=0.98

Boot Barn Holdings's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=466.021/( (2048.281+2119.315)/ 2 )
=466.021/2083.798
=0.22

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.22 mean?
Boot Barn Holdings (STU:OBB) has a Asset Turnover of 0.22 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Boot Barn Holdings and its competitors.
Is Boot Barn Holdings' Asset Turnover too high?
Boot Barn Holdings' current Asset Turnover is 0.22. Overall, Boot Barn Holdings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boot Barn Holdings' Asset Turnover compare to URBN and ANF?
Boot Barn Holdings' Asset Turnover of 0.22 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Boot Barn Holdings and its competitors. Boot Barn Holdings's current Asset Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boot Barn Holdings stock overvalued right now?
Based on GuruFocus' analysis, Boot Barn Holdings (STU:OBB) is currently considered Fairly Valued. The stock's GF Value™ is €151.42, compared to a current price of €141.05 — trading 6.8% below its estimated fair value. The current Asset Turnover is 0.22. Boot Barn Holdings' overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Boot Barn Holdings (STU:OBB), the current Asset Turnover is 0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Boot Barn Holdings (STU:OBB) Overvalued in 2026?

Based on GuruFocus' analysis, Boot Barn Holdings stock appears to be undervalued. The current stock price of €141.05 is trading 6.8% below its estimated GF Value™ of €151.42. GuruFocus considers Boot Barn Holdings to be Fairly Valued.

Key valuation signals for STU:OBB:

  • Asset Turnover: 0.22
  • GF Value™: €151.42 vs. price of €141.05 (6.8% below fair value)
  • GF Score™: 96/100 with 3 warning signs

No single metric tells the full story. See the STU:OBB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boot Barn Holdings Business Description

Other Exchanges BOOT:USA
Address 17100 Laguna Canyon Road, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores that sell western and work boots and related apparel and accessories. The Company operates retail locations throughout the U.S. and sells its merchandise via the Internet. The Company operates a total of approximately 539 stores in 49 states. All stores operated under the Boot Barn name.
96GF Score

Get the complete analysis for STU:OBB

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€141.05
Price
€151.42
GF Value