Crocs Inc (CROX)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 950,071 | 792,566 | 540,159 | 725,694 | 312,861 |
| Total assets | US$ in thousands | 4,812,150 | 4,643,830 | 4,501,800 | 1,545,070 | 1,118,720 |
| ROA | 19.74% | 17.07% | 12.00% | 46.97% | 27.97% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $950,071K ÷ $4,812,150K
= 19.74%
Crocs Inc's return on assets (ROA) has shown significant fluctuations over the years. The ROA stood at 27.97% as of December 31, 2020, showing a strong performance in utilizing its assets to generate profits. By December 31, 2021, the ROA increased to 46.97%, indicating a substantial improvement in asset efficiency and profitability.
However, there was a decline in the ROA to 12.00% by December 31, 2022, which could indicate challenges in effectively utilizing assets to generate profits. The ROA then increased to 17.07% by the end of 2023, suggesting a partial recovery in asset efficiency.
As of December 31, 2024, the ROA further improved to 19.74%, indicating a positive trend in utilizing assets to generate returns. Overall, while there have been fluctuations, Crocs Inc's ROA has shown a mix of strong performance and potential areas for improvement in asset utilization and profitability.
Peer comparison
Dec 31, 2024