Crocs Inc (CROX)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,021,910 | 1,037,620 | 854,666 | 685,496 | 213,721 |
| Long-term debt | US$ in thousands | 1,349,340 | 1,641,000 | 2,298,030 | 771,390 | 180,000 |
| Total stockholders’ equity | US$ in thousands | 1,835,730 | 1,453,920 | 817,931 | 14,082 | 290,633 |
| Return on total capital | 32.08% | 33.53% | 27.43% | 87.27% | 45.41% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,021,910K ÷ ($1,349,340K + $1,835,730K)
= 32.08%
Crocs Inc's return on total capital has shown fluctuations over the years based on the provided data. The return on total capital was 45.41% as of December 31, 2020, indicating a healthy return on the company's invested capital. This percentage significantly increased to 87.27% by December 31, 2021, reflecting a substantial improvement in the company's efficiency in generating profits from its total capital.
However, there was a notable decrease in the return on total capital to 27.43% by December 31, 2022, suggesting a dip in the company's profitability relative to its total capital. The ratio then improved slightly to 33.53% by December 31, 2023, indicating a recovery in the company's ability to generate returns on its total capital.
By December 31, 2024, Crocs Inc's return on total capital stood at 32.08%, showing a relatively stable performance compared to the previous year. Overall, the fluctuating trend in return on total capital suggests varying levels of efficiency and profitability in utilizing the company's total capital over the years.
Peer comparison
Dec 31, 2024