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CROX · Nasdaq · United States · Rubber & Plastics Footwear
In shortCrocs, Inc. is loss-making, generates cash and carries moderate debt, with revenue stable (−1.5% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 3.7% | 29/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -2.0% | 12/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -5.2% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.7% | 31/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.27× | 39/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.95× | 58/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.81× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.69× | 2/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.72 | 67/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 16.3% | 85/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 31.3% | 0/100 |
| Operating margin volatility | 10.3% | 16/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.4% | 41/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,313 | 3,555 | 3,962 | 4,102 | 4,041 |
| Cost of revenue | 893 | 1,695 | 1,752 | 1,692 | 1,684 |
| Gross profit | 1,420 | 1,860 | 2,210 | 2,410 | 2,357 |
| Research & development | 14 | 19 | 21 | 26 | 30 |
| Selling, general & admin | 737 | 1,010 | 1,164 | 1,364 | 1,469 |
| Operating income | 683 | 851 | 1,037 | 1,022 | 150 |
| Interest expense | 22 | 136 | 161 | 109 | 88 |
| Pre-tax income | 664 | 719 | 876 | 911 | 73 |
| Income tax | (62) | 178 | 84 | (39) | 154 |
| Net income | 726 | 540 | 793 | 950 | (81) |
| Diluted EPS | $11.39 | $8.71 | $12.79 | $15.88 | −$1.50 |
| Diluted shares (millions) | 64 | 62 | 62 | 60 | 54 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
3.72 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 30, 2026