Crocs Inc (CROX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,643,830 | 4,581,360 | 4,603,120 | 4,595,640 | 4,501,800 | 4,543,170 | 4,586,640 | 4,470,660 | 1,545,070 | 1,745,060 | 1,493,800 | 1,362,320 | 1,118,720 | 802,045 | 810,884 | 836,240 | 738,802 | 685,515 | 714,141 | 689,206 |
| Operating ROA | 22.33% | 22.86% | 22.54% | 21.04% | 18.90% | 17.40% | 15.91% | 15.14% | 44.21% | 33.68% | 30.57% | 23.34% | 19.14% | 19.68% | 15.50% | 13.98% | 17.41% | 15.51% | 11.25% | 10.10% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,036,783K ÷ $4,643,830K
= 22.33%
Crocs Inc's operating return on assets (operating ROA) has shown a positive trend over the past eight quarters, demonstrating an improvement in the company's operational efficiency and asset utilization. The operating ROA has steadily increased from 15.14% in Q1 2022 to 22.53% in Q4 2023. This indicates that Crocs has been generating more operating income relative to its total assets over time.
The consistent uptrend in operating ROA suggests that Crocs has been effectively managing its assets to generate higher levels of operating income, which is a positive indicator of the company's operational performance and profitability. The increasing trend in operating ROA also reflects the potential for enhanced shareholder value and sustainable growth within the company.
Overall, the improving operating ROA highlights the company's ability to efficiently utilize its assets to generate operating profits, showcasing a positive performance trajectory for Crocs Inc.
Peer comparison
Dec 31, 2023