Boot Barn vs Shoe Station Group
Boot Barn reported revenue of $2.3 billion in fiscal 2026, 2.0 times Shoe Station Group's $1.1 billion in fiscal 2025. Boot Barn's revenue grew 17.9% in its latest year, and Shoe Station Group's fell 5.6%. Boot Barn had an operating margin of 13.3%, against 5.9% at Shoe Station Group. Free cash flow was $126 million at Boot Barn and $27 million at Shoe Station Group. Their fiscal years end in different months (March 28 and January 31), so the periods don't line up exactly.
Side by side
| Boot Barn | Shoe Station Group | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 28, 2026 | FY2025, Jan 31, 2026 |
| Revenue | $2.3B | $1.1B |
| Revenue growth | 17.9% | −5.6% |
| Revenue growth a year, last 5 years | 20.3% | 3.1% |
| Gross margin | 38.1% | 36.6% |
| Operating margin | 13.3% | 5.9% |
| Net margin | 10.0% | 4.6% |
| Free cash flow | $126M | $27M |
| Free cash flow margin | 5.6% | 2.3% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $50M | $17M |
| Change in diluted share count | −0.1% | 0.0% |
| Last close | $130.96 | $14.54 |
| P/E at the last close | 15.9× | 16.5× |
| Insider trades, last 12 months | sold $464,303 | — |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ 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
Boot BarnShoe Station Group
Operating margin
Percent of revenue
Boot BarnShoe Station Group
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Boot BarnShoe Station Group
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 Boot Barn and Shoe Station Group pages.