vs

Side-by-side financial comparison of Boot Barn Holdings, Inc. (BOOT) and CBIZ, Inc. (CBZ). Click either name above to swap in a different company.

CBIZ, Inc. is the larger business by last-quarter revenue ($848.6M vs $705.6M, roughly 1.2× Boot Barn Holdings, Inc.). CBIZ, Inc. runs the higher net margin — 19.0% vs 12.2%, a 6.9% gap on every dollar of revenue. On growth, Boot Barn Holdings, Inc. posted the faster year-over-year revenue change (16.0% vs 1.3%). Boot Barn Holdings, Inc. produced more free cash flow last quarter ($148.0M vs $-28.5M). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (42.1% CAGR vs 34.8%).

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

BOOT vs CBZ — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.2× larger
CBZ
$848.6M
$705.6M
BOOT
Growing faster (revenue YoY)
BOOT
BOOT
+14.8% gap
BOOT
16.0%
1.3%
CBZ
Higher net margin
CBZ
CBZ
6.9% more per $
CBZ
19.0%
12.2%
BOOT
More free cash flow
BOOT
BOOT
$176.5M more FCF
BOOT
$148.0M
$-28.5M
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
42.1%
34.8%
BOOT

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BOOT
BOOT
CBZ
CBZ
Revenue
$705.6M
$848.6M
Net Profit
$85.8M
$161.6M
Gross Margin
39.9%
Operating Margin
16.3%
23.2%
Net Margin
12.2%
19.0%
Revenue YoY
16.0%
1.3%
Net Profit YoY
14.3%
EPS (diluted)
$2.79
$2.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOOT
BOOT
CBZ
CBZ
Q1 26
$848.6M
Q4 25
$705.6M
$542.7M
Q3 25
$505.4M
$693.8M
Q2 25
$504.1M
$683.5M
Q1 25
$453.7M
$838.0M
Q4 24
$608.2M
$460.3M
Q3 24
$425.8M
$438.9M
Q2 24
$423.4M
$420.0M
Net Profit
BOOT
BOOT
CBZ
CBZ
Q1 26
$161.6M
Q4 25
$85.8M
$-79.4M
Q3 25
$42.2M
$30.1M
Q2 25
$53.4M
$41.9M
Q1 25
$37.5M
$122.8M
Q4 24
$75.1M
$-90.7M
Q3 24
$29.4M
$35.1M
Q2 24
$38.9M
$19.8M
Gross Margin
BOOT
BOOT
CBZ
CBZ
Q1 26
Q4 25
39.9%
-9.4%
Q3 25
36.4%
13.0%
Q2 25
39.1%
12.9%
Q1 25
37.1%
27.2%
Q4 24
39.3%
-13.4%
Q3 24
35.9%
16.6%
Q2 24
37.0%
12.8%
Operating Margin
BOOT
BOOT
CBZ
CBZ
Q1 26
23.2%
Q4 25
16.3%
-15.7%
Q3 25
11.2%
8.5%
Q2 25
14.0%
8.8%
Q1 25
11.0%
23.9%
Q4 24
16.4%
-23.2%
Q3 24
9.4%
11.3%
Q2 24
11.9%
7.5%
Net Margin
BOOT
BOOT
CBZ
CBZ
Q1 26
19.0%
Q4 25
12.2%
-14.6%
Q3 25
8.4%
4.3%
Q2 25
10.6%
6.1%
Q1 25
8.3%
14.7%
Q4 24
12.3%
-19.7%
Q3 24
6.9%
8.0%
Q2 24
9.2%
4.7%
EPS (diluted)
BOOT
BOOT
CBZ
CBZ
Q1 26
$2.63
Q4 25
$2.79
$-1.22
Q3 25
$1.37
$0.48
Q2 25
$1.74
$0.66
Q1 25
$1.24
$1.91
Q4 24
$2.43
$-1.84
Q3 24
$0.95
$0.70
Q2 24
$1.26
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOOT
BOOT
CBZ
CBZ
Cash + ST InvestmentsLiquidity on hand
$200.1M
$28.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.9B
Total Assets
$2.4B
$4.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOT
BOOT
CBZ
CBZ
Q1 26
$28.7M
Q4 25
$200.1M
$18.3M
Q3 25
$64.7M
$17.0M
Q2 25
$95.3M
$39.8M
Q1 25
$69.8M
$8.8M
Q4 24
$152.9M
$13.8M
Q3 24
$37.4M
$1.1M
Q2 24
$83.4M
$1.1M
Stockholders' Equity
BOOT
BOOT
CBZ
CBZ
Q1 26
$1.9B
Q4 25
$1.3B
$1.8B
Q3 25
$1.2B
$1.9B
Q2 25
$1.2B
$1.9B
Q1 25
$1.1B
$1.9B
Q4 24
$1.1B
$1.8B
Q3 24
$1.0B
$927.9M
Q2 24
$981.8M
$891.4M
Total Assets
BOOT
BOOT
CBZ
CBZ
Q1 26
$4.6B
Q4 25
$2.4B
$4.4B
Q3 25
$2.3B
$4.5B
Q2 25
$2.1B
$4.5B
Q1 25
$2.0B
$4.6B
Q4 24
$2.0B
$4.5B
Q3 24
$1.9B
$2.1B
Q2 24
$1.8B
$2.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOOT
BOOT
CBZ
CBZ
Operating Cash FlowLast quarter
$209.7M
$-25.5M
Free Cash FlowOCF − Capex
$148.0M
$-28.5M
FCF MarginFCF / Revenue
21.0%
-3.4%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
2.44×
-0.16×
TTM Free Cash FlowTrailing 4 quarters
$89.8M
$240.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOT
BOOT
CBZ
CBZ
Q1 26
$-25.5M
Q4 25
$209.7M
$143.6M
Q3 25
$25.7M
$24.0M
Q2 25
$73.8M
$113.1M
Q1 25
$-43.1M
$-88.3M
Q4 24
$157.1M
$55.5M
Q3 24
$-7.8M
$43.7M
Q2 24
$41.3M
$88.2M
Free Cash Flow
BOOT
BOOT
CBZ
CBZ
Q1 26
$-28.5M
Q4 25
$148.0M
$141.7M
Q3 25
$-17.5M
$22.1M
Q2 25
$42.4M
$105.2M
Q1 25
$-83.1M
$-93.4M
Q4 24
$114.2M
$52.3M
Q3 24
$-46.1M
$41.1M
Q2 24
$14.2M
$86.3M
FCF Margin
BOOT
BOOT
CBZ
CBZ
Q1 26
-3.4%
Q4 25
21.0%
26.1%
Q3 25
-3.5%
3.2%
Q2 25
8.4%
15.4%
Q1 25
-18.3%
-11.2%
Q4 24
18.8%
11.4%
Q3 24
-10.8%
9.4%
Q2 24
3.4%
20.5%
Capex Intensity
BOOT
BOOT
CBZ
CBZ
Q1 26
Q4 25
8.7%
0.4%
Q3 25
8.6%
0.3%
Q2 25
6.2%
1.2%
Q1 25
8.8%
0.6%
Q4 24
7.1%
0.7%
Q3 24
9.0%
0.6%
Q2 24
6.4%
0.4%
Cash Conversion
BOOT
BOOT
CBZ
CBZ
Q1 26
-0.16×
Q4 25
2.44×
Q3 25
0.61×
0.79×
Q2 25
1.38×
2.70×
Q1 25
-1.15×
-0.72×
Q4 24
2.09×
Q3 24
-0.26×
1.25×
Q2 24
1.06×
4.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOOT
BOOT

Segment breakdown not available.

CBZ
CBZ

Financial Services (1)$740.3M87%
Benefits and Insurance Services$108.2M13%

Related Comparisons