Crocs Inc (CROX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 950,071 | 792,566 | 540,159 | 725,694 | 312,861 |
| Revenue | US$ in thousands | 4,094,330 | 3,799,360 | 3,421,060 | 2,291,690 | 1,375,710 |
| Net profit margin | 23.20% | 20.86% | 15.79% | 31.67% | 22.74% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $950,071K ÷ $4,094,330K
= 23.20%
Crocs Inc's net profit margin has displayed fluctuations over the past five years. The margin stood at 22.74% in December 31, 2020, showing a healthy level of profitability. Subsequently, there was a notable increase to 31.67% by December 31, 2021, indicating improved efficiency in managing costs and generating profits. However, there was a dip in the net profit margin to 15.79% by December 31, 2022, suggesting potential challenges or increased expenses impacting profitability. The margin then rebounded to 20.86% by December 31, 2023, showing signs of recovery. Lastly, by December 31, 2024, the net profit margin rose to 23.20%, indicating a moderate improvement in profitability. Overall, while the company has experienced fluctuations in net profit margin, it has demonstrated the ability to adapt and maintain a reasonable level of profitability over the years.
Peer comparison
Dec 31, 2024