American Eagle Outfitters, Inc. (AEO) vs Boot Barn Holdings, Inc. (BOOT)

American Eagle Outfitters, Inc. and Boot Barn Holdings, Inc. are both Apparel Retail companies. Boot Barn Holdings, Inc. is the larger, with a market value of $3.8B against $2.7B — 1.4× the size. American Eagle Outfitters, Inc. trades at the lower P/E: 8.3× against 15.5×. Boot Barn Holdings, Inc. grew revenue faster over the last twelve months: 17.7% against 9.16%. Boot Barn Holdings, Inc. has the higher net margin (10.4% vs 5.86%) and the lower return on invested capital (16.4% vs 16.8%). Across the 22 metrics below, American Eagle Outfitters, Inc. leads on 13 and Boot Barn Holdings, Inc. on 9.

Valuation

Metric AEO BOOT Apparel Retail median
P/E 8.29 15.47 12.56
P/S 0.48 1.60 0.35
P/B 1.57 2.76 1.57
Price to free cash flow 8.06 32.14 11.15
EV/EBITDA 4.00 9.98 7.42
EV/Sales 0.47 1.71 0.51
Earnings yield 12.06% 6.46% 5.76%
Free cash flow yield 12.40% 3.11% 4.34%

Profitability

Metric AEO BOOT Apparel Retail median
Gross margin 40.54% 38.45% 41.90%
Operating margin 7.79% 13.61% 2.50%
Net margin 5.86% 10.35% 3.41%
Free cash flow margin 5.97% 4.98% 2.86%
Return on equity 20.37% 19.18% 7.71%
Return on assets 8.08% 10.41% 2.85%
Return on invested capital 16.77% 16.35% 6.41%

Growth

Metric AEO BOOT Apparel Retail median
Revenue growth (TTM) 9.16% 17.65% 4.14%
EPS growth (last fiscal year) (35.12%) 25.00% —
Revenue growth, 5-year CAGR 8.09% 20.33% 5.92%
Net income growth, 5-year CAGR 0.00% 30.63% 0.00%

Health

Metric AEO BOOT Apparel Retail median
Debt to equity 0.03 0.00 0.01
Current ratio 1.59 2.53 1.54
Net debt to EBITDA (0.53) (0.37) (0.29)

Dividend

Metric AEO BOOT Apparel Retail median
Dividend yield 2.01% — 2.94%
Payout ratio 0.19 0.00 0.00

Size

Metric AEO BOOT Apparel Retail median
Market cap 2.69b 3.82b 358.41m

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