Crocs Inc (CROX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 58.17% | 57.64% | 57.40% | 55.53% | 54.32% | 55.78% | 57.32% | 60.04% | 61.74% | 60.10% | 58.14% | 55.78% | 54.45% | 52.66% | 51.25% | 50.89% | 50.53% | 50.30% | 50.20% | 50.68% |
| 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% |
| Pretax margin | 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% | 9.77% | 8.44% | 6.70% | 6.20% |
| Net profit margin | 20.86% | 17.93% | 17.98% | 17.03% | 15.77% | 17.91% | 19.46% | 28.17% | 31.55% | 35.49% | 35.53% | 25.69% | 22.72% | 12.16% | 10.45% | 8.78% | 9.78% | 7.55% | 5.63% | 5.33% |
Crocs Inc has shown a consistent improvement in its profitability ratios over the past year. The gross profit margin has steadily increased, reaching 55.78% in Q4 2023, indicating the company's ability to generate profits from its core business activities. The operating profit margin has also seen a positive trend, averaging around 26% in the latest quarter, showcasing efficient management of operating expenses.
The pretax margin has shown a gradual increase, indicating an improvement in the company's ability to generate profits before tax expenses. The net profit margin, which represents the company's bottom line efficiency, has also demonstrated a positive trajectory, reaching 20% in Q4 2023. This suggests that Crocs Inc has been successful in managing its costs and expenses to maximize its net income.
Overall, the profitability ratios of Crocs Inc reflect a strong performance and improving profitability over the analyzed period, indicating a sound financial health and effective management of resources.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 17.07% | 14.77% | 14.53% | 13.42% | 12.00% | 12.27% | 11.80% | 15.66% | 46.97% | 43.22% | 44.35% | 29.37% | 27.97% | 18.63% | 15.20% | 12.66% | 16.17% | 12.94% | 8.89% | 8.52% |
| Return on total capital | 33.53% | 33.75% | 32.65% | 30.16% | 27.43% | 24.52% | 22.61% | 21.23% | 87.27% | 56.63% | 61.15% | 47.54% | 45.41% | 43.32% | 29.24% | 26.24% | 37.98% | 35.18% | 24.63% | 20.99% |
| Return on equity (ROE) | 54.51% | 56.38% | 56.24% | 63.70% | 66.04% | 88.34% | 110.05% | 200.49% | 5,153.34% | 213.75% | 184.68% | 122.66% | 107.65% | 65.55% | 78.55% | 112.60% | 90.59% | 75.47% | 56.74% | 47.74% |
The profitability ratios of Crocs Inc show a consistent and strong performance over the quarters.
The Operating Return on Assets (Operating ROA) has been steadily increasing from 15.14% in Q1 2022 to 22.53% in Q4 2023. This indicates that the company is generating more operating income per dollar of assets employed, reflecting operational efficiency improvement.
Return on Assets (ROA) has generally been on an upward trend, starting from 11.80% in Q2 2022 to 17.07% in Q4 2023. This demonstrates the company's ability to generate profits from its total assets, showing sustainable growth.
Return on Total Capital has also been increasing consistently, from 20.99% in Q1 2022 to 33.55% in Q4 2023. This ratio reflects the efficiency of the company in generating returns for both equity and debt providers.
Return on Equity (ROE) has shown some fluctuations, however, from Q2 2022 to Q4 2023, it has generally been at very high levels, indicating that the company is effectively generating profits from shareholders' equity.
Overall, the profitability ratios of Crocs Inc suggest that the company is efficiently utilizing its assets and capital to generate profits for its shareholders, which is a positive sign for its financial health and performance.