15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 23.9% per year over the past 5 years.
Operating margin has contracted, at 3.7% in the latest year.
Free cash flow has grown 24.0% per year over the past 5 years.
Financial health
Total debt ($1.2B) exceeds cash ($130M); net debt is $1.1B.
Total debt has grown faster than revenue (46.9% vs 23.9% per year).
Operating income covered interest expense 1.7× in the latest year.
Total debt is 5.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$4.0B
-$81M
58.3%
3.7%
-6.3%
-1.9%
$659M
$1.2B
$130M
2024
$4.1B
$950M
58.8%
24.9%
51.8%
19.7%
$923M
$1.3B
$180M
2023
$4.0B
$793M
55.8%
26.2%
54.5%
17.1%
$815M
$1.7B
$149M
2022
$3.6B
$540M
52.3%
23.9%
66.0%
12.0%
$499M
$2.3B
$192M
2021
$2.3B
$726M
61.4%
29.5%
5153.4%
47.0%
$511M
$771M
$213M
2020
$1.4B
$313M
54.1%
15.4%
107.6%
28.0%
$225M
$180M
$136M
2019
$1.2B
$119M
50.1%
10.5%
90.6%
16.2%
$53M
$205M
$108M
2018
$1.1B
$50M
51.5%
5.8%
33.6%
10.8%
$102M
$120M
$123M
2017
$1.0B
$10M
50.5%
1.7%
5.5%
1.9%
$85M
$662000
$172M
2016
$1.0B
-$16M
48.3%
-0.6%
-7.5%
-2.9%
$18M
—
$148M
2015
—
-$83M
—
—
-33.8%
-13.7%
-$9M
—
$143M
2014
—
-$5M
—
—
-1.1%
-0.6%
—
$12M
$268M
2013
—
$10M
—
—
1.7%
1.2%
$43M
$17M
$317M
2012
—
$131M
—
—
21.3%
15.8%
$89M
$7M
$294M
2011
—
$113M
—
—
22.9%
16.2%
$115M
—
$258M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$1.0B
$217M
66.2%
28.0%
16.1%
5.1%
$276M
$1.3B
$163M
Jun '26
$1.2B
$205M
59.4%
24.2%
14.8%
4.7%
$331M
$1.3B
$170M
Mar '26
$921M
$138M
56.8%
21.8%
9.6%
3.2%
-$99M
$1.3B
$131M
Dec '25
$958M
$105M
54.7%
15.3%
8.1%
2.5%
$246M
$1.2B
$130M
Sep '25
$996M
$146M
58.5%
20.8%
10.7%
3.4%
$226M
$1.3B
$154M
Jun '25
$1.1B
-$492M
61.7%
-37.2%
-34.6%
-11.1%
$269M
$1.4B
$201M
Mar '25
$937M
$160M
57.8%
23.8%
8.1%
3.2%
-$83M
$1.5B
$166M
Dec '24
$990M
$369M
57.9%
20.2%
20.1%
7.7%
$303M
$1.3B
$180M
Sep '24
$1.1B
$200M
59.6%
25.4%
11.6%
4.2%
$279M
$1.4B
$186M
Jun '24
$1.1B
$229M
61.4%
29.3%
13.8%
4.8%
$384M
$1.5B
$168M
Mar '24
$939M
$152M
55.6%
24.1%
9.5%
3.2%
-$43M
$1.7B
$159M
Dec '23
$960M
$254M
55.3%
21.8%
17.4%
5.5%
$320M
$1.7B
$149M
Sep '23
$1.0B
$177M
55.6%
26.2%
14.7%
3.9%
$215M
$1.9B
$127M
Jun '23
$1.1B
$212M
57.9%
29.7%
17.9%
4.6%
$297M
$2.0B
$166M
Mar '23
$884M
$150M
53.9%
26.6%
15.4%
3.3%
-$18M
$2.3B
$126M
Dec '22
$945M
$138M
52.5%
23.3%
16.8%
3.1%
$342M
$2.3B
$192M
Sep '22
$985M
$169M
54.9%
26.8%
26.8%
3.7%
$129M
$2.6B
$143M
Jun '22
$965M
$160M
51.6%
25.7%
32.6%
3.5%
$137M
$2.8B
$187M
Mar '22
$660M
$73M
49.2%
18.0%
20.8%
1.6%
-$109M
$2.9B
$172M
Dec '21
$587M
$155M
63.4%
27.3%
1099.7%
10.0%
$192M
$771M
$213M
Valuation over time
How the market has priced CROX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 10.7× (Mar '23) to 4.1× (Nov '25).
The price-to-sales ratio has risen from 1.6× (Mar '23) to 1.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is CROX growing its revenue and profit?
Over the past 5 years, Crocs, Inc.'s revenue has grown 23.9% per year. These are computed facts, not advice.
How much debt does CROX have?
As of FY2025, Crocs, Inc. reported $1.2B of total debt against $130M of cash; operating income covered interest expense 1.7×.
What is CROX's profit margin?
In FY2025, gross margin was 58.3%, operating margin 3.7%, and net margin -2.0%.
What is CROX's P/E ratio?
Crocs, Inc.'s P/E (TTM) is 10.53 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CROX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 4.1× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.