BKE vs. BOOT

Last updated Apr 2, 2026

Compare and contrast key facts about The Buckle, Inc. (BKE) and Boot Barn Holdings, Inc. (BOOT).

Performance

BKE vs. BOOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Buckle, Inc. (BKE) and Boot Barn Holdings, Inc. (BOOT). The values are adjusted to include any dividend payments, if applicable.

BKE vs. BOOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BKE The Buckle, Inc.	1.28%	13.95%	17.49%	15.02%	10.91%	49.40%	25.01%	55.19%	-7.63%	15.42%
BOOT Boot Barn Holdings, Inc.	-18.68%	16.24%	97.79%	22.78%	-49.19%	183.79%	-2.63%	161.48%	2.53%	32.67%

Fundamentals

Market Cap BKE : $2.59B BOOT : $4.41B
EPS BKE : $4.14 BOOT : $7.12
PE Ratio BKE : 12.29 BOOT : 20.15
PS Ratio BKE : 1.99 BOOT : 2.03
PB Ratio BKE : 6.10 BOOT : 3.44
Total Revenue (TTM) BKE : $1.30B BOOT : $2.17B
Gross Profit (TTM) BKE : $635.86M BOOT : $831.18M
EBITDA (TTM) BKE : $282.89M BOOT : $347.67M

Returns By Period

In the year-to-date period, BKE achieves a 1.28% return, which is significantly higher than BOOT's -18.68% return. Over the past 10 years, BKE has underperformed BOOT with an annualized return of 13.74%, while BOOT has yielded a comparatively higher 30.99% annualized return.

BKE

• 1D: 0.93%
• 1M: -2.70%
• YTD: 1.28%
• 6M: -5.59%
• 1Y: 44.21%
• 3Y*: 23.03%
• 5Y*: 13.90%
• 10Y*: 13.74%

BOOT

• 1D: -1.95%
• 1M: -22.59%
• YTD: -18.68%
• 6M: -12.15%
• 1Y: 29.29%
• 3Y*: 23.26%
• 5Y*: 18.35%
• 10Y*: 30.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BKE vs. BOOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKE

BKE Risk / Return Rank: 79
BKE Sharpe Ratio Rank: 82
BKE Sortino Ratio Rank: 77
BKE Omega Ratio Rank: 77
BKE Calmar Ratio Rank: 81
BKE Martin Ratio Rank: 78

BOOT

BOOT Risk / Return Rank: 62
BOOT Sharpe Ratio Rank: 61
BOOT Sortino Ratio Rank: 60
BOOT Omega Ratio Rank: 56
BOOT Calmar Ratio Rank: 62
BOOT Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKE vs. BOOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Buckle, Inc. (BKE) and Boot Barn Holdings, Inc. (BOOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BKE	BOOT	Difference
Sharpe ratio Return per unit of total volatility	1.44	0.58	+0.85
Sortino ratio Return per unit of downside risk	2.00	1.21	+0.79
Omega ratio Gain probability vs. loss probability	1.27	1.14	+0.12
Calmar ratio Return relative to maximum drawdown	2.49	1.03	+1.46
Martin ratio Return relative to average drawdown	5.64	3.28	+2.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKE vs. BOOT - Sharpe Ratio Comparison

The current BKE Sharpe Ratio is 1.44, which is higher than the BOOT Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of BKE and BOOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BKE	BOOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	0.58	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.37	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.54	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.32	+0.02

Correlation

The correlation between BKE and BOOT is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BKE vs. BOOT - Dividend Comparison

BKE's dividend yield for the trailing twelve months is around 8.66%, while BOOT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKE The Buckle, Inc.	8.66%	7.30%	7.68%	8.52%	2.32%	3.17%	14.21%	7.40%	14.22%	8.42%	8.77%	11.99%
BOOT Boot Barn Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BKE vs. BOOT - Drawdown Comparison

The maximum BKE drawdown since its inception was -71.08%, smaller than the maximum BOOT drawdown of -83.73%. Use the drawdown chart below to compare losses from any high point for BKE and BOOT.

Drawdown Indicators

	BKE	BOOT	Difference
Max Drawdown Largest peak-to-trough decline	-71.08%	-83.73%	+12.65%
Max Drawdown (1Y) Largest decline over 1 year	-17.92%	-32.71%	+14.79%
Max Drawdown (5Y) Largest decline over 5 years	-48.89%	-60.62%	+11.73%
Max Drawdown (10Y) Largest decline over 10 years	-55.52%	-77.88%	+22.36%
Current Drawdown Current decline from peak	-11.57%	-31.00%	+19.43%
Average Drawdown Average peak-to-trough decline	-27.80%	-32.48%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.90%	10.24%	-2.34%

Volatility

BKE vs. BOOT - Volatility Comparison

The current volatility for The Buckle, Inc. (BKE) is 7.16%, while Boot Barn Holdings, Inc. (BOOT) has a volatility of 11.86%. This indicates that BKE experiences smaller price fluctuations and is considered to be less risky than BOOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKE	BOOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	11.86%	-4.70%
Volatility (6M) Calculated over the trailing 6-month period	19.10%	30.03%	-10.93%
Volatility (1Y) Calculated over the trailing 1-year period	30.90%	50.55%	-19.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.60%	49.75%	-13.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.76%	57.77%	-14.01%

Financials

BKE vs. BOOT - Profitability Comparison

The chart below illustrates the profitability comparison between The Buckle, Inc. and Boot Barn Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BKE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Buckle, Inc. reported a gross profit of 209.97M and revenue of 399.14M. Therefore, the gross margin over that period was 52.6%.

BOOT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Boot Barn Holdings, Inc. reported a gross profit of 281.24M and revenue of 705.64M. Therefore, the gross margin over that period was 39.9%.

BKE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Buckle, Inc. reported an operating income of 100.64M and revenue of 399.14M, resulting in an operating margin of 25.2%.

BOOT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Boot Barn Holdings, Inc. reported an operating income of 114.78M and revenue of 705.64M, resulting in an operating margin of 16.3%.

BKE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Buckle, Inc. reported a net income of 80.85M and revenue of 399.14M, resulting in a net margin of 20.3%.

BOOT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Boot Barn Holdings, Inc. reported a net income of 85.81M and revenue of 705.64M, resulting in a net margin of 12.2%.