Boot Barn vs Urban Outfitters
Urban Outfitters reported revenue of $6.2 billion in fiscal 2026, 2.7 times Boot Barn's $2.3 billion in fiscal 2026. Boot Barn's revenue grew 17.9% in its latest year, and Urban Outfitters' grew 11.1%. Boot Barn had an operating margin of 13.3%, against 9.8% at Urban Outfitters. Free cash flow was $126 million at Boot Barn and $315 million at Urban Outfitters. 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 | Urban Outfitters | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 28, 2026 | FY2026, Jan 31, 2026 |
| Revenue | $2.3B | $6.2B |
| Revenue growth | 17.9% | 11.1% |
| Revenue growth a year, last 5 years | 20.3% | 12.3% |
| Gross margin | 38.1% | 36.0% |
| Operating margin | 13.3% | 9.8% |
| Net margin | 10.0% | 7.5% |
| Free cash flow | $126M | $315M |
| Free cash flow margin | 5.6% | 5.1% |
| Return on capital | — | 23.7% |
| Net debt to EBITDA | — | −0.9x |
| Dividends and buybacks | $50M | $154M |
| Change in diluted share count | −0.1% | −2.8% |
| Last close | $114.18 | $90.59 |
| P/E at the last close | 14.5× | 14.1× |
| Insider trades, last 12 months | sold $1.7 million | sold $119.6 million |
| Piotroski F-score | — | 8 of 9 |
Amounts in each company's own currency, US$ 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 BarnUrban Outfitters
Operating margin
Percent of revenue
Boot BarnUrban Outfitters
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Boot BarnUrban Outfitters
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 Urban Outfitters pages.