BOOTNEUTRAL

Gross Margin

36.3%

Higher than 50% of Consumer Cyclical sector peers

Updated 168h ago

Sector Performance

50th percentile

BOOT

36.3%

Sector Median

36.3%

Sector Avg

30.6%

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Deep Analysis

Boot Barn’s gross margin of 36.3% means that after paying the direct costs of producing its goods, the company keeps that percentage of revenue as profit from sales.

This reading sits just below the sector median of 36.6%, placing the company at the 48th percentile among Consumer Cyclical peers. Year-over-year change is not available, but quarter-over-quarter the metric fell 9.0% from 39.9% in the prior period to the current 36.3%. The combination of a margin near the sector median with a recent sharp quarterly decline points to a potential short-term headwind, though the limited history (only two data points) makes the trend direction uncertain. This metric does not contradict the overall NEUTRAL verdict: the level is roughly average for the sector, while the decline introduces caution without enough evidence to shift the rating.

Frequently Asked Questions

What does the Gross Margin tell investors about BOOT?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

How does BOOT's Gross Margin compare to its sector?

BOOT's Gross Margin of 36.3% compares to a Consumer Cyclical sector median of 36.3%, placing it in the 50th percentile.

Who are BOOT's closest peers by Gross Margin?

The closest Consumer Cyclical peers by Gross Margin include: BBY (23.5%), BROS (23.1%), TSLA (21.1%), XPEV (20.6%), BWA (19.2%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.