Crocs Inc (CROX)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 792,566 | 676,715 | 669,039 | 616,942 | 540,159 | 557,277 | 541,417 | 700,056 | 725,694 | 754,171 | 662,571 | 400,168 | 312,861 | 149,444 | 123,231 | 105,878 | 119,497 | 88,698 | 63,514 | 58,693 |
| 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 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $792,566K ÷ $4,643,830K
= 17.07%
Based on the data provided, Crocs Inc's return on assets (ROA) has exhibited a generally positive trend over the past eight quarters. The ROA has consistently increased from 12.27% in Q3 2022 to 17.07% in Q4 2023, indicating the company's improving ability to generate profits from its total assets. This suggests that management has been effectively utilizing the company's assets to generate earnings.
Overall, the trend in Crocs Inc's ROA reflects positively on the company's operational efficiency and profitability levels. Investors and stakeholders may view this as a favorable indicator of the company's financial health and the effectiveness of its asset management strategies.
Peer comparison
Dec 31, 2023