Crocs Inc (CROX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,021,910 | 1,036,780 | 850,756 | 683,064 | 214,124 |
| Revenue | US$ in thousands | 4,094,330 | 3,799,360 | 3,421,060 | 2,291,690 | 1,375,710 |
| Operating profit margin | 24.96% | 27.29% | 24.87% | 29.81% | 15.56% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,021,910K ÷ $4,094,330K
= 24.96%
Crocs Inc's operating profit margin has shown an improving trend over the years based on the provided data. The margin increased from 15.56% as of December 31, 2020, to 29.81% by December 31, 2021, indicating a significant improvement in profitability. Subsequently, there was a slight decline to 24.87% by December 31, 2022, before rising again to 27.29% by the end of 2023. By the end of December 31, 2024, the operating profit margin stood at 24.96%, which is slightly lower than the peak in 2021 but still above the levels seen in the earlier years. Overall, the company has demonstrated an ability to maintain healthy operating profit margins, which is a positive indicator of its operational efficiency and profitability.
Peer comparison
Dec 31, 2024