Crocs Inc (CROX)

Pretax margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	910,585	876,272	718,508	663,849	206,979
Revenue	US$ in thousands	4,094,330	3,799,360	3,421,060	2,291,690	1,375,710
Pretax margin		22.24%	23.06%	21.00%	28.97%	15.05%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $910,585K ÷ $4,094,330K
= 22.24%

Crocs Inc's pretax margin has shown a positive trend over the past five years. In December 2020, the pretax margin was 15.05%, which increased to 28.97% by December 2021, indicating a significant improvement in profitability. However, in the following years, the pretax margin experienced some fluctuations, reaching 21.00% by December 2022, 23.06% by December 2023, and 22.24% by December 2024. Despite the fluctuations, the pretax margin has generally remained at healthy levels, suggesting that Crocs Inc has been able to effectively manage its pre-tax profitability over the period.

Peer comparison

Dec 31, 2024

Company name

Symbol

Pretax margin

Crocs Inc

CROX

22.24%

Deckers Outdoor Corporation