Crocs Inc (CROX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,410,258 | 2,368,029 | 2,316,326 | 2,255,717 | 2,210,010 | 2,175,636 | 2,135,302 | 2,011,728 | 1,860,282 | 1,735,983 | 1,594,477 | 1,491,925 | 1,420,220 | 1,277,280 | 1,084,253 | 869,005 | 749,948 | 647,102 | 604,157 | 613,603 |
| Revenue (ttm) | US$ in thousands | 4,063,771 | 4,001,482 | 3,944,352 | 3,864,032 | 3,799,361 | 3,774,430 | 3,720,249 | 3,622,738 | 3,424,385 | 3,112,307 | 2,781,762 | 2,484,734 | 2,300,270 | 2,125,150 | 1,864,815 | 1,557,826 | 1,377,267 | 1,228,740 | 1,178,749 | 1,205,848 |
| Gross profit margin | 59.31% | 59.18% | 58.73% | 58.38% | 58.17% | 57.64% | 57.40% | 55.53% | 54.32% | 55.78% | 57.32% | 60.04% | 61.74% | 60.10% | 58.14% | 55.78% | 54.45% | 52.66% | 51.25% | 50.89% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,410,258K ÷ $4,063,771K
= 59.31%
Crocs Inc's gross profit margin has shown a generally increasing trend from March 31, 2020, to December 31, 2024. The gross profit margin improved steadily from 50.89% in March 2020 to a peak of 61.74% in December 2021. However, there was a slight decline in the margin in the subsequent periods, with fluctuations observed. Despite some variations, Crocs Inc has managed to maintain a relatively healthy gross profit margin above 50% during the period under review. It is essential for the company to monitor and manage its cost of goods sold effectively to sustain its profitability in the future.
Peer comparison
Dec 31, 2024