Crocs Inc (CROX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,812,150 | 4,643,830 | 4,501,800 | 1,545,070 | 1,118,720 |
| Operating ROA | 21.24% | 22.33% | 18.90% | 44.21% | 19.14% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,021,910K ÷ $4,812,150K
= 21.24%
Crocs Inc's operating return on assets (operating ROA) has demonstrated fluctuating trends over the years, as follows:
- As of December 31, 2020, the operating ROA stood at 19.14%. Subsequently, there was a notable increase in the operating ROA to 44.21% by December 31, 2021, indicating a significant improvement in the company's efficiency in generating operating income from its assets.
- However, by the end of December 31, 2022, the operating ROA dropped to 18.90%, suggesting a decrease in the effectiveness of utilizing assets to generate operating profits.
- The following year, on December 31, 2023, there was a moderate improvement in the operating ROA, which reached 22.33%, indicating some recovery in asset utilization efficiency.
- Finally, as of December 31, 2024, the operating ROA slightly decreased to 21.24%, remaining relatively stable compared to the previous year.
Overall, Crocs Inc's operating ROA reflects some volatility during the period under review, with notable fluctuations in asset efficiency and operating income generation. Monitoring this metric is crucial for assessing the company's operational performance and asset management effectiveness.
Peer comparison
Dec 31, 2024