Crocs Inc (CROX)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	1,036,783	1,047,321	1,037,532	967,007	850,756	790,692	729,697	677,055	683,064	587,707	456,725	317,998	214,124	157,849	125,647	116,883	128,649	106,356	80,367	69,600
Revenue (ttm)	US$ in thousands	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	1,221,229	1,174,239	1,127,337	1,100,907
Operating profit margin		27.29%	27.75%	27.89%	26.69%	24.84%	25.41%	26.23%	27.25%	29.69%	27.65%	24.49%	20.41%	15.55%	12.85%	10.66%	9.69%	10.53%	9.06%	7.13%	6.32%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,036,783K ÷ $3,799,361K
= 27.29%

Crocs Inc's operating profit margin has shown relative stability over the past eight quarters, ranging between 23.93% and 26.69%. The company maintained an average operating profit margin of approximately 25.87% during this period. The highest operating profit margin of 26.94% was achieved in Q1 2022, while the lowest margin of 23.93% was recorded in Q4 2022. Overall, Crocs Inc has demonstrated consistent operational efficiency in generating profits from its core business activities.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating profit margin

Crocs Inc

CROX

27.29%

Deckers Outdoor Corporation