InsiderClue
Stocks · Materials · Rubber & Plastics Footwear

Crocs, Inc.

CROX Clue Score40
United States Fiscal year ends December CIK 0001334036
$114.98 -1.59% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $114.98 −8.47% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,036.3Operating income−6.2Net income−16.5EPS, diluted−0.43Fiscal year 2017Revenue1,023.5 −1.2%Operating income17.3Net income10.2EPS, diluted−0.07Fiscal year 2018Revenue1,088.2 +6.3%Operating income62.9Net income50.4 +392.6%EPS, diluted−1.01Fiscal year 2019Revenue1,230.6 +13.1%Operating income128.6Net income119.5 +136.9%EPS, diluted1.66Fiscal year 2020Revenue1,386.0 +12.6%Operating income214.1Net income312.9 +161.8%EPS, diluted4.56 +174.7%Fiscal year 2021Revenue2,313.4 +66.9%Operating income683.1Net income725.7 +132.0%EPS, diluted11.39 +149.8%Fiscal year 2022Revenue3,555.0 +53.7%Operating income850.8Net income540.2 −25.6%EPS, diluted8.71 −23.5%Fiscal year 2023Revenue3,962.3 +11.5%Operating income1,036.8Net income792.6 +46.7%EPS, diluted12.79 +46.8%Fiscal year 2024Revenue4,102.1 +3.5%Operating income1,021.9Net income950.1 +19.9%EPS, diluted15.88 +24.2%Fiscal year 2025Revenue4,040.6 −1.5%Operating income149.5Net income−81.2 −108.5%EPS, diluted−1.50 −109.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,036.3 1,023.5 1,088.2 1,230.6 1,386.0 2,313.4 3,555.0 3,962.3 4,102.1 4,040.6
Growth −1.2% +6.3% +13.1% +12.6% +66.9% +53.7% +11.5% +3.5% −1.5%
Operating income −6.2 17.3 62.9 128.6 214.1 683.1 850.8 1,036.8 1,021.9 149.5
Net income −16.5 10.2 50.4 119.5 312.9 725.7 540.2 792.6 950.1 −81.2
Growth +392.6% +136.9% +161.8% +132.0% −25.6% +46.7% +19.9% −108.5%
EPS, diluted −0.43 −0.07 −1.01 1.66 4.56 11.39 8.71 12.79 15.88 −1.50
Growth +174.7% +149.8% −23.5% +46.8% +24.2% −109.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin48.3%Operating margin−0.6%Net margin−1.6%Free cash flow margin1.7%Fiscal year 2017Gross margin50.5%Operating margin1.7%Net margin1.0%Free cash flow margin8.3%Fiscal year 2018Gross margin51.5%Operating margin5.8%Net margin4.6%Free cash flow margin9.4%Fiscal year 2019Gross margin50.1%Operating margin10.5%Net margin9.7%Free cash flow margin4.3%Fiscal year 2020Gross margin54.1%Operating margin15.4%Net margin22.6%Free cash flow margin16.2%Fiscal year 2021Gross margin61.4%Operating margin29.5%Net margin31.4%Free cash flow margin22.1%Fiscal year 2022Gross margin52.3%Operating margin23.9%Net margin15.2%Free cash flow margin14.0%Fiscal year 2023Gross margin55.8%Operating margin26.2%Net margin20.0%Free cash flow margin20.6%Fiscal year 2024Gross margin58.8%Operating margin24.9%Net margin23.2%Free cash flow margin22.5%Fiscal year 2025Gross margin58.3%Operating margin3.7%Net margin−2.0%Free cash flow margin16.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 48.3% 50.5% 51.5% 50.1% 54.1% 61.4% 52.3% 55.8% 58.8% 58.3%
Operating margin −0.6% 1.7% 5.8% 10.5% 15.4% 29.5% 23.9% 26.2% 24.9% 3.7%
Net margin −1.6% 1.0% 4.6% 9.7% 22.6% 31.4% 15.2% 20.0% 23.2% −2.0%
Free cash flow margin 1.7% 8.3% 9.4% 4.3% 16.2% 22.1% 14.0% 20.6% 22.5% 16.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow39.8Capital expenditure−22.2Free cash flow17.6Buybacks0.0Fiscal year 2017Operating cash flow98.3Capital expenditure−13.1Free cash flow85.1 +384.9%Buybacks−50.0Fiscal year 2018Operating cash flow114.2Capital expenditure−12.0Free cash flow102.2 +20.0%Buybacks−63.1Fiscal year 2019Operating cash flow90.0Capital expenditure−36.6Free cash flow53.4 −47.8%Buybacks−147.2Fiscal year 2020Operating cash flow266.9Capital expenditure−42.0Free cash flow224.9 +321.2%Buybacks−170.8Fiscal year 2021Operating cash flow567.2Capital expenditure−55.9Free cash flow511.2 +127.4%Buybacks−1,000.0Fiscal year 2022Operating cash flow603.1Capital expenditure−104.2Free cash flow499.0 −2.4%Buybacks0.0Fiscal year 2023Operating cash flow930.4Capital expenditure−115.6Free cash flow814.8 +63.3%Buybacks−175.0Fiscal year 2024Operating cash flow992.5Capital expenditure−69.3Free cash flow923.1 +13.3%Buybacks−552.5Fiscal year 2025Operating cash flow710.4Capital expenditure−51.2Free cash flow659.2 −28.6%Buybacks−582.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 39.8 98.3 114.2 90.0 266.9 567.2 603.1 930.4 992.5 710.4
Capital expenditure −22.2 −13.1 −12.0 −36.6 −42.0 −55.9 −104.2 −115.6 −69.3 −51.2
Free cash flow 17.6 85.1 102.2 53.4 224.9 511.2 499.0 814.8 923.1 659.2
Growth +384.9% +20.0% −47.8% +321.2% +127.4% −2.4% +63.3% +13.3% −28.6%
Buybacks 0.0 −50.0 −63.1 −147.2 −170.8 −1,000.0 0.0 −175.0 −552.5 −582.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash147.6Shareholders’ equity220.4Fiscal year 2017Cash172.1Total debt0.7Net cash (debt)171.5Shareholders’ equity185.9Debt to equity0.00Fiscal year 2018Cash123.4Total debt120.0Net cash (debt)3.4Shareholders’ equity150.3Debt to equity0.80Fiscal year 2019Cash108.3Total debt205.0Net cash (debt)−96.7Shareholders’ equity131.9Debt to equity1.55Fiscal year 2020Cash135.8Total debt180.0Net cash (debt)−44.2Shareholders’ equity290.6Debt to equity0.62Fiscal year 2021Cash213.2Total debt771.4Net cash (debt)−558.2Shareholders’ equity14.1Debt to equity54.78Fiscal year 2022Cash191.6Total debt2,322.4Net cash (debt)−2,130.8Shareholders’ equity817.9Debt to equity2.84Fiscal year 2023Cash149.3Total debt1,664.3Net cash (debt)−1,515.0Shareholders’ equity1,453.9Debt to equity1.14Fiscal year 2024Cash180.5Total debt1,349.3Net cash (debt)−1,168.9Shareholders’ equity1,835.7Debt to equity0.74Fiscal year 2025Cash130.4Total debt1,230.9Net cash (debt)−1,100.5Shareholders’ equity1,293.3Debt to equity0.95
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 147.6 172.1 123.4 108.3 135.8 213.2 191.6 149.3 180.5 130.4
Total debt n/a 0.7 120.0 205.0 180.0 771.4 2,322.4 1,664.3 1,349.3 1,230.9
Net cash (debt) n/a 171.5 3.4 −96.7 −44.2 −558.2 −2,130.8 −1,515.0 −1,168.9 −1,100.5
Shareholders’ equity 220.4 185.9 150.3 131.9 290.6 14.1 817.9 1,453.9 1,835.7 1,293.3
Debt to equity n/a 0.00 0.80 1.55 0.62 54.78 2.84 1.14 0.74 0.95

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,036.3 1,023.5 1,088.2 1,230.6 1,386.0 2,313.4 3,555.0 3,962.3 4,102.1 4,040.6
Growth −1.2% +6.3% +13.1% +12.6% +66.9% +53.7% +11.5% +3.5% −1.5%
536.1 506.3 528.1 613.5 636.0 893.2 1,694.7 1,752.3 1,691.9 1,683.6
500.2 517.2 560.2 617.1 749.9 1,420.2 1,860.3 2,210.0 2,410.3 2,357.1
Growth +3.4% +8.3% +10.2% +21.5% +89.4% +31.0% +18.8% +9.1% −2.2%
11.9 13.4 14.1 11.8 10.2 13.7 18.7 21.4 25.6 29.6
503.2 494.6 495.0 488.4 514.8 737.2 1,009.5 1,163.9 1,364.3 1,469.4
−6.2 17.3 62.9 128.6 214.1 683.1 850.8 1,036.8 1,021.9 149.5
Growth +263.1% +104.4% +66.4% +219.0% +24.5% +21.9% −1.4% −85.4%
−7.2 18.2 65.2 119.3 207.0 663.8 718.5 876.3 910.6 73.0
9.3 7.9 14.7 −0.2 −105.9 −61.8 178.3 83.7 −39.5 154.2
−16.5 10.2 50.4 119.5 312.9 725.7 540.2 792.6 950.1 −81.2
Growth +392.6% +136.9% +161.8% +132.0% −25.6% +46.7% +19.9% −108.5%
Per share
−0.43 −0.07 −1.01 1.70 4.64 11.62 8.82 12.91 16.00 −1.50
−0.43 −0.07 −1.01 1.66 4.56 11.39 8.71 12.79 15.88 −1.50
Growth +174.7% +149.8% −23.5% +46.8% +24.2% −109.4%
n/a 72.3 68.4 70.4 67.4 62.5 61.2 61.4 59.4 54.2
73.4 72.3 68.4 71.8 68.5 63.7 62.0 62.0 59.8 54.2
Growth −1.5% −5.3% +4.9% −4.5% −7.0% −2.7% −0.1% −3.4% −9.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 23.9% a year over five years.
  • The diluted share count fell 20.9% in five years, so buybacks did some of the work per share.
  • Operating margin is down 11.7 points on five years ago, at 3.7%.
  • A net loss in 2 of 10 years on file.