Skip to content
MARKETS / COMPARE / BOOT VS GAP

BOOT vs GAP

Boot Barn Holdings, Inc. and GAP Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

BOOT vs GAP, at a glance
Metric BOOT GAP
Revenue$2.3B$15.4B
Net income$225.9M$816.0M
Gross margin38.1%40.8%
Net margin10.0%5.3%
Return on equity18.4%23.1%
Diluted EPS$7.35$2.13
Dividend / share·$0.66
Payout ratio·30.3%
Free cash flow$126.3M$823.0M
Equity$1.3B$3.8B
Net debt / equity·−0.30×
Current ratio2.65×1.75×
Revenue CAGR 5y20.3%2.2%
Profit CAGR 5y30.6%·

GAP bills 6.8× the revenue of BOOT, and BOOT keeps more of each dollar of revenue as profit (10.0% against 5.3%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

BOOT vs GAP, revenue by year
Fiscal year BOOT GAP
FY2025$2.3B$15.4B
FY2024$1.9B$15.1B
FY2023$1.7B$14.9B
FY2022$1.7B$15.6B
FY2021$1.5B$16.7B
FY2020$893.5M$13.8B
FY2019$845.6M$16.4B
FY2018$776.9M$16.6B
FY2017$677.9M$15.9B
FY2016$629.8M$15.5B
Net income by year

Bottom line

BOOT vs GAP, net income by year
Fiscal year BOOT GAP
FY2025$225.9M$816.0M
FY2024$180.9M$844.0M
FY2023$147.0M$502.0M
FY2022$170.6M$-202.0M
FY2021$192.4M$256.0M
FY2020$59.4M$-665.0M
FY2019$47.9M$351.0M
FY2018$39.0M$1.0B
FY2017$28.9M$848.0M
FY2016$14.2M$676.0M
Revenue gap over time

14 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$13,112,141,000GAP
FY2024−$13,174,896,000GAP
FY2023−$13,221,991,000GAP
FY2022−$13,958,385,000GAP
FY2021−$15,181,744,000GAP
FY2020−$12,906,509,000GAP
FY2019−$15,537,425,000GAP
FY2018−$15,803,146,000GAP
FY2017−$15,177,051,000GAP
FY2016−$14,886,184,000GAP
FY2015−$15,227,980,000GAP
FY2014−$16,032,316,000GAP
FY2013−$15,802,132,000GAP
FY2012−$15,417,797,000GAP

GAP has reported the higher revenue in every one of these 14 fiscal years. The gap has narrowed since the earliest year compared.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

14 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+4.7 ppBOOT
FY2024+3.9 ppBOOT
FY2023+5.4 ppBOOT
FY2022+11.6 ppBOOT
FY2021+11.4 ppBOOT
FY2020+11.5 ppBOOT
FY2019+3.5 ppBOOT
FY2018−1.0 ppGAP
FY2017−1.1 ppGAP
FY2016−2.1 ppGAP
FY2015−4.1 ppGAP
FY2014−4.3 ppGAP
FY2013−6.3 ppGAP
FY2012−7.0 ppGAP

The higher net margin has changed hands between BOOT and GAP over this period.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

BOOT's net margin has been more volatile than GAP's over the 14 comparable fiscal years — 3.8 percentage points of standard deviation against 3.5.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between BOOT and GAP over these 14 fiscal years — BOOT led in 7 and GAP in 7.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

GAP's return on equity has been more volatile than BOOT's over the 14 comparable fiscal years — 18.2 percentage points of standard deviation against 8.8.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between BOOT and GAP over these 14 fiscal years — BOOT led in 4 and GAP in 10.

14 of 19 comparable fiscal years — a year missing data on either side is not counted.

More in this industry

Other pairs

The companies

Full pages