BOOT
Boot Barn Holdings, Inc.
BOOT has the edge over F overall, supported by stronger fundamentals and stronger valuation.
F
Ford Motor Company
F's outlook is improving, though it still trails on the overall score.
BOOT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
BOOT's revenue, profitability, cash flow and balance sheet are all currently healthy.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
BOOT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $108 | -19% |
| Forward | 15x | $134 | — |
| Current | 16x | $134 | — |
| Fair | 21x | $174 | +30% |
| Expensive | 29x | $240 | +80% |
Historical ranges are pointers, not guarantees.
BOOT's PE is in its fair range at 16x. If earnings grow as analysts expect, today's price would be 15x next year's earnings, in its cheap range.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
BOOT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
BOOT has the edge over F on the outlook, with more favorable revenue expectations.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect F's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
BOOT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.00 | +8.9% |
| Q3 2026 | $8.26 | +22% |
| Q2 2026 | $7.90 | +24% |
| Q1 2026 | $7.35 | +25% |
| Q4 2025 | $7.14 | +28% |
| Q3 2025 | $6.78 | +36% |
| Q2 2025 | $6.36 | +29% |
| Q1 2025 | $5.88 | +23% |
| Q4 2024 | $5.60 | +4.3% |
BOOT has the edge over F on earnings quality, reporting a profit while its opponent remains loss making.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has swung to a loss: it lost $1.97 per share over the past year, after a profit the year before.
BOOT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $581.8M | +15% |
| Q2 2026 | $593.5M | +18% |
| Q1 2026 | $538.8M | +19% |
| Q4 2025 | $705.6M | +16% |
| Q3 2025 | $505.4M | +19% |
| Q2 2025 | $504.1M | +19% |
| Q1 2025 | $453.7M | +17% |
| Q4 2024 | $608.2M | +17% |
BOOT has the edge over F on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +0.9 points |
| Q2 2026 | 15% | +1.2 points |
| Q1 2026 | 11% | -0.3 points |
| Q4 2025 | 16% | -0.1 points |
| Q3 2025 | 11% | +1.8 points |
| Q2 2025 | 14% | +2.2 points |
| Q1 2025 | 11% | +1.1 points |
| Q4 2024 | 16% | +1.9 points |
BOOT has the edge over F on profitability, with a higher operating margin.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F's revenue grew through 2023 and has held roughly level since: $49.5B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F's operating margin was 2.9% last quarter, about level with the same quarter a year ago.
BOOT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.7M | +$10.8M |
| Q2 2026 | $32.8M | -23% |
| Q1 2026 | -$46.5M | +$36.6M |
| Q4 2025 | $148M | +30% |
| Q3 2025 | -$17.5M | +$28.6M |
| Q2 2025 | $42.4M | +198% |
| Q1 2025 | -$83.1M | -$51.2M |
| Q4 2024 | $114.2M | +67% |
BOOT has the edge over F on cash flow, with more consistent year-over-year improvement.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F still generates free cash flow, though less than at its 2020 peak: $5.1B over the past year.
BOOT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -189K shares |
| 1 year | -1.1% | -338K shares |
| 3 years | -0.7% | -215K shares |
| 5 years | +0.2% | +56K shares |
| Available history | +3.6% | +1M shares |
BOOT has the edge over F on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $34.6M |
| Q2 2026 | $25M |
| Q1 2026 | $12.5M |
| Q4 2025 | $12.5M |
| Q3 2025 | $12.5M |
| Q2 2025 | $12.5M |
BOOT spent $85M buying back its own shares over the past year.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has 4.1B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
BOOT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
BOOT has more cash than debt.
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has the edge over BOOT on leverage, with a lower net debt burden relative to earnings.
BOOT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.9 | Neutral |
| Stochastic | 35.4 | Neutral |
BOOT's weekly RSI is 44 (neutral) and its Stochastic is 35 (neutral).
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
BOOT PE vs Consumer Cyclical Sector
| Metric | BOOT | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 18x | 10% below |
| PE % | 34 | 47 | 13 pts below |
BOOT is trading at 16x earnings, a 10% discount to the Consumer Cyclical sector's median of 18x.
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
BOOT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $124.9 | 7.1% above |
| 20 week MA | $141.9 | 5.8% below |
| 50 week MA | $162.1 | 18% below |
| 100 week MA | $157.8 | 15% below |
| 200 week MA | $128.6 | 4% above |
BOOT has the edge over F on trend strength, trading above more of its moving averages.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
BOOT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.3 | $40.5 | -6.4% |
| 2021 | $40.5 | $116.8 | +189% |
| 2022 | $116.8 | $61.7 | -47% |
| 2023 | $61.7 | $76.8 | +24% |
| 2024 | $76.8 | $156.7 | +104% |
| 2025 | $156.7 | $186.0 | +19% |
| 2026 YTD | $186.0 | $133.7 | -28% |
BOOT's yearly returns have swung widely, from +189% in 2021 to −47% in 2022. It's down 28% so far in 2026.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F has the edge over BOOT on returns for 2026, with the stronger performance.