Abercrombie & Fitch vs Boot Barn
Abercrombie & Fitch reported revenue of $5.3 billion in fiscal 2025, 2.3 times Boot Barn's $2.3 billion in fiscal 2026. Abercrombie & Fitch's revenue grew 6.4% in its latest year, and Boot Barn's grew 17.9%. Abercrombie & Fitch had an operating margin of 13.3%, against 13.3% at Boot Barn. Free cash flow was $378 million at Abercrombie & Fitch and $126 million at Boot Barn. Their fiscal years end in different months (January 31 and March 28), so the periods don't line up exactly.
Side by side
| Abercrombie & Fitch | Boot Barn | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 31, 2026 | FY2026, Mar 28, 2026 |
| Revenue | $5.3B | $2.3B |
| Revenue growth | 6.4% | 17.9% |
| Revenue growth a year, last 5 years | 11.0% | 20.3% |
| Gross margin | — | 38.1% |
| Operating margin | 13.3% | 13.3% |
| Net margin | 9.6% | 10.0% |
| Free cash flow | $378M | $126M |
| Free cash flow margin | 7.2% | 5.6% |
| Return on capital | 91.0% | — |
| Net debt to EBITDA | −0.9x | — |
| Dividends and buybacks | $451M | $50M |
| Change in diluted share count | −8.5% | −0.1% |
| Last close | $164.73 | $114.18 |
| P/E at the last close | 14.2× | 14.5× |
| Insider trades, last 12 months | sold $50.3 million | sold $1.7 million |
| Piotroski F-score | 5 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Abercrombie & FitchBoot Barn
Operating margin
Percent of revenue
Abercrombie & FitchBoot Barn
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Abercrombie & FitchBoot Barn
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Abercrombie & Fitch and Boot Barn pages.