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

Boot Barn Holdings, Inc. is the larger business by last-quarter revenue ($705.6M vs $560.0M, roughly 1.3× SLM Corp). SLM Corp runs the higher net margin — 55.0% vs 12.2%, a 42.8% gap on every dollar of revenue. Over the past eight quarters, Boot Barn Holdings, Inc.'s revenue compounded faster (34.8% CAGR vs 22.7%).

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.

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

BOOT vs SLM — Head-to-Head

Bigger by revenue
BOOT
BOOT
1.3× larger
BOOT
$705.6M
$560.0M
SLM
Higher net margin
SLM
SLM
42.8% more per $
SLM
55.0%
12.2%
BOOT
Faster 2-yr revenue CAGR
BOOT
BOOT
Annualised
BOOT
34.8%
22.7%
SLM

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BOOT
BOOT
SLM
SLM
Revenue
$705.6M
$560.0M
Net Profit
$85.8M
$308.0M
Gross Margin
39.9%
Operating Margin
16.3%
Net Margin
12.2%
55.0%
Revenue YoY
16.0%
Net Profit YoY
14.3%
1.0%
EPS (diluted)
$2.79
$1.54

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
SLM
SLM
Q1 26
$560.0M
Q4 25
$705.6M
$377.1M
Q3 25
$505.4M
$373.0M
Q2 25
$504.1M
$376.8M
Q1 25
$453.7M
$375.0M
Q4 24
$608.2M
$362.2M
Q3 24
$425.8M
$359.4M
Q2 24
$423.4M
$372.2M
Net Profit
BOOT
BOOT
SLM
SLM
Q1 26
$308.0M
Q4 25
$85.8M
$233.2M
Q3 25
$42.2M
$135.8M
Q2 25
$53.4M
$71.3M
Q1 25
$37.5M
$304.5M
Q4 24
$75.1M
$111.6M
Q3 24
$29.4M
$-45.2M
Q2 24
$38.9M
$252.0M
Gross Margin
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
39.9%
Q3 25
36.4%
Q2 25
39.1%
Q1 25
37.1%
Q4 24
39.3%
Q3 24
35.9%
Q2 24
37.0%
Operating Margin
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
16.3%
83.8%
Q3 25
11.2%
49.8%
Q2 25
14.0%
23.3%
Q1 25
11.0%
Q4 24
16.4%
36.5%
Q3 24
9.4%
-16.6%
Q2 24
11.9%
91.0%
Net Margin
BOOT
BOOT
SLM
SLM
Q1 26
55.0%
Q4 25
12.2%
61.8%
Q3 25
8.4%
36.4%
Q2 25
10.6%
18.9%
Q1 25
8.3%
81.2%
Q4 24
12.3%
30.8%
Q3 24
6.9%
-12.6%
Q2 24
9.2%
67.7%
EPS (diluted)
BOOT
BOOT
SLM
SLM
Q1 26
$1.54
Q4 25
$2.79
$1.11
Q3 25
$1.37
$0.63
Q2 25
$1.74
$0.32
Q1 25
$1.24
$1.40
Q4 24
$2.43
$0.53
Q3 24
$0.95
$-0.23
Q2 24
$1.26
$1.11

Balance Sheet & Financial Strength

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

Metric
BOOT
BOOT
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$200.1M
$5.2B
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$1.3B
$2.4B
Total Assets
$2.4B
$29.4B
Debt / EquityLower = less leverage
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOOT
BOOT
SLM
SLM
Q1 26
$5.2B
Q4 25
$200.1M
$4.2B
Q3 25
$64.7M
$3.5B
Q2 25
$95.3M
$4.1B
Q1 25
$69.8M
$3.7B
Q4 24
$152.9M
$4.7B
Q3 24
$37.4M
$4.5B
Q2 24
$83.4M
$5.3B
Total Debt
BOOT
BOOT
SLM
SLM
Q1 26
$6.2B
Q4 25
$5.4B
Q3 25
$6.8B
Q2 25
$6.4B
Q1 25
$6.1B
Q4 24
$6.4B
Q3 24
$6.0B
Q2 24
$5.4B
Stockholders' Equity
BOOT
BOOT
SLM
SLM
Q1 26
$2.4B
Q4 25
$1.3B
$2.5B
Q3 25
$1.2B
$2.3B
Q2 25
$1.2B
$2.4B
Q1 25
$1.1B
$2.4B
Q4 24
$1.1B
$2.2B
Q3 24
$1.0B
$2.1B
Q2 24
$981.8M
$2.3B
Total Assets
BOOT
BOOT
SLM
SLM
Q1 26
$29.4B
Q4 25
$2.4B
$29.7B
Q3 25
$2.3B
$29.6B
Q2 25
$2.1B
$29.6B
Q1 25
$2.0B
$28.9B
Q4 24
$2.0B
$30.1B
Q3 24
$1.9B
$30.0B
Q2 24
$1.8B
$28.8B
Debt / Equity
BOOT
BOOT
SLM
SLM
Q1 26
2.53×
Q4 25
2.19×
Q3 25
2.92×
Q2 25
2.70×
Q1 25
2.56×
Q4 24
2.98×
Q3 24
2.83×
Q2 24
2.37×

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
SLM
SLM
Operating Cash FlowLast quarter
$209.7M
Free Cash FlowOCF − Capex
$148.0M
FCF MarginFCF / Revenue
21.0%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
$209.7M
$-64.5M
Q3 25
$25.7M
$-49.3M
Q2 25
$73.8M
$-138.7M
Q1 25
$-43.1M
$-146.1M
Q4 24
$157.1M
$4.5M
Q3 24
$-7.8M
$-113.4M
Q2 24
$41.3M
$-143.8M
Free Cash Flow
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
$148.0M
Q3 25
$-17.5M
Q2 25
$42.4M
Q1 25
$-83.1M
Q4 24
$114.2M
Q3 24
$-46.1M
Q2 24
$14.2M
FCF Margin
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
21.0%
Q3 25
-3.5%
Q2 25
8.4%
Q1 25
-18.3%
Q4 24
18.8%
Q3 24
-10.8%
Q2 24
3.4%
Capex Intensity
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
8.7%
Q3 25
8.6%
Q2 25
6.2%
Q1 25
8.8%
Q4 24
7.1%
Q3 24
9.0%
Q2 24
6.4%
Cash Conversion
BOOT
BOOT
SLM
SLM
Q1 26
Q4 25
2.44×
-0.28×
Q3 25
0.61×
-0.36×
Q2 25
1.38×
-1.95×
Q1 25
-1.15×
-0.48×
Q4 24
2.09×
0.04×
Q3 24
-0.26×
Q2 24
1.06×
-0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BOOT
BOOT

Segment breakdown not available.

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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