BOOT
Boot Barn Holdings, Inc.
BOOT has the edge over TSLA overall, supported by stronger valuation and stronger modeled upside.
TSLA
Tesla, Inc.
TSLA'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.
TSLA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Strong |
TSLA's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is 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 has the edge over TSLA in the historical PE scenario, which offers more potential upside but is not a forecast.
TSLA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 60x | $54.70 | -86% |
| Fair | 174x | $158 | -60% |
| Forward | 196x | $397 | — |
| Expensive | 415x | $378 | -4.9% |
| Current | 437x | $397 | — |
Historical ranges are pointers, not guarantees.
TSLA's PE is in its expensive range at 437x. If earnings grow as analysts expect, today's price would be 196x next year's earnings, in its fair range.
BOOT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
BOOT has the edge over TSLA on the outlook, with more favorable profitability expectations.
TSLA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for TSLA, with profitability 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 TSLA on earnings, with more consistent year-over-year improvement.
TSLA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.03 | +123% |
| Q3 2026 | $0.91 | -39% |
| Q2 2026 | $1.08 | -38% |
| Q1 2026 | $1.09 | -40% |
| Q4 2025 | $1.08 | -47% |
| Q3 2025 | $1.50 | -59% |
| Q2 2025 | $1.73 | -51% |
| Q1 2025 | $1.82 | -53% |
| Q4 2024 | $2.04 | -53% |
TSLA's earnings per share have fallen from their peak: $0.91 over the past year, against $4.30 in late 2023.
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 TSLA 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 TSLA on profitability, with a higher operating margin.
TSLA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $28B | -0.2% |
| Q2 2026 | $28.2B | +26% |
| Q1 2026 | $22.4B | +16% |
| Q4 2025 | $24.9B | -3.1% |
| Q3 2025 | $28.1B | +12% |
| Q2 2025 | $22.5B | -12% |
| Q1 2025 | $19.3B | -9.2% |
| Q4 2024 | $25.7B | +2.1% |
TSLA's revenue has picked up after two years of holding roughly level: $28B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.6% | -3.2 points |
| Q2 2026 | 1.4% | -2.7 points |
| Q1 2026 | 4.2% | +2.1 points |
| Q4 2025 | 5.7% | -0.5 points |
| Q3 2025 | 5.8% | -5 points |
| Q2 2025 | 4.1% | -2.2 points |
| Q1 2025 | 2.1% | -3.4 points |
| Q4 2024 | 6.2% | -2 points |
TSLA's operating margin was 2.6% last quarter, down 3.2 points from the same quarter a year ago, near the bottom of its range since 2019.
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 TSLA on cash flow, with more consistent year-over-year improvement.
TSLA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5B | -62% |
| Q2 2026 | -$1.1B | -848% |
| Q1 2026 | $1.4B | +117% |
| Q4 2025 | $1.4B | -30% |
| Q3 2025 | $4B | +46% |
| Q2 2025 | $146M | -89% |
| Q1 2025 | $664M | +$3.2B |
| Q4 2024 | $2B | -1.6% |
TSLA still generates free cash flow, though less than at its 2025 peak: $3.3B 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 TSLA 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.
TSLA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +1M shares |
| 1 year | +0.4% | +15M shares |
| 3 years | +1.4% | +48M shares |
| 5 years | +5.1% | +172M shares |
| Available history | +33% | +886M shares |
TSLA has 3.5B diluted shares, about the same as a year ago.
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.
TSLA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
TSLA 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).
TSLA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 72.6 | Neutral |
TSLA's weekly RSI is 54 (neutral) and its Stochastic is 73 (neutral).
BOOT PE vs Consumer Cyclical Sector
| Metric | BOOT | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 18x | 10% below |
| PE % | 34 | 47 | 13 pts below |
BOOT has the edge over TSLA on valuation relative to its sector.
TSLA PE vs Consumer Cyclical Sector
| Metric | TSLA | Sector median | Relative |
|---|---|---|---|
| PE | 437x | 18x | 2,324% above |
| PE % | 84 | 47 | 37 pts above |
TSLA is trading at 437x earnings, a 2324% premium to the Consumer Cyclical sector's median of 18x.
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's trend is mixed: it's above two of its five weekly moving averages, and 4% above its 200-week average.
TSLA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $376.0 | 5.7% above |
| 20 week MA | $364.0 | 9.2% above |
| 50 week MA | $393.6 | 1% above |
| 100 week MA | $372.1 | 6.8% above |
| 200 week MA | $296.9 | 34% above |
TSLA has the edge over BOOT on trend strength, trading above more of its moving averages.
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.
TSLA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.7 | $220.6 | +669% |
| 2021 | $220.6 | $355.7 | +61% |
| 2022 | $355.7 | $123.2 | -65% |
| 2023 | $123.2 | $248.5 | +102% |
| 2024 | $248.5 | $431.7 | +74% |
| 2025 | $431.7 | $475.2 | +10% |
| 2026 YTD | $475.2 | $397.5 | -16% |
TSLA has the edge over BOOT on returns for 2026, with the stronger performance.