Crocs Inc (CROX)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 910,585 | 909,210 | 897,718 | 878,535 | 876,272 | 877,982 | 874,152 | 811,214 | 718,508 | 695,898 | 664,059 | 640,321 | 663,849 | 574,313 | 446,661 | 310,789 | 206,979 | 149,776 | 117,789 | 107,771 |
| Revenue (ttm) | US$ in thousands | 4,063,771 | 4,001,482 | 3,944,352 | 3,864,032 | 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 |
| Pretax margin | 22.41% | 22.72% | 22.76% | 22.74% | 23.06% | 23.26% | 23.50% | 22.39% | 20.98% | 22.36% | 23.87% | 25.77% | 28.86% | 27.02% | 23.95% | 19.95% | 15.03% | 12.19% | 9.99% | 8.94% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $910,585K ÷ $4,063,771K
= 22.41%
Crocs Inc's pretax margin has shown a generally increasing trend from March 31, 2020, to December 31, 2021, indicating improved operational efficiency in generating profits before accounting for taxes. The pretax margin increased from 8.94% in March 2020 to 28.86% in December 2021, reaching its peak during this period. However, there was a slight decline in the pretax margin in the subsequent quarters, with a drop to 20.98% by December 31, 2022.
From March 2023 to December 2024, the pretax margin remained relatively stable, ranging between 22.41% and 23.50%. This stability suggests that Crocs Inc has been able to maintain profitability levels despite fluctuations in the economic environment or business operations. Overall, the company's pretax margin reflects healthy profitability levels over the analyzed period, even though there was a slight decrease from the peak recorded in December 2021.
Peer comparison
Dec 31, 2024