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
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
FCF
Total debt
Cash
2025
$4.0B
-$81M
58.3%
3.7%
$659M
$1.2B
$130M
2024
$4.1B
$950M
58.8%
24.9%
$923M
$1.3B
$180M
2023
$4.0B
$793M
55.8%
26.2%
$815M
$1.7B
$149M
2022
$3.6B
$540M
52.3%
23.9%
$499M
$2.3B
$192M
2021
$2.3B
$726M
61.4%
29.5%
$511M
$771M
$213M
2020
$1.4B
$313M
54.1%
15.4%
$225M
$180M
$136M
2019
$1.2B
$119M
50.1%
10.5%
$53M
$205M
$108M
2018
$1.1B
$50M
51.5%
5.8%
$102M
$120M
$123M
2017
$1.0B
$10M
50.5%
1.7%
$85M
$662000
$172M
2016
$1.0B
-$16M
48.3%
-0.6%
$18M
—
$148M
2015
—
-$83M
—
—
-$9M
—
$143M
2014
—
-$5M
—
—
—
$12M
$268M
2013
—
$10M
—
—
$43M
$17M
$317M
2012
—
$131M
—
—
$89M
$7M
$294M
2011
—
$113M
—
—
$115M
—
$258M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$921M
$138M
56.8%
21.8%
-$99M
$1.3B
$131M
Dec '25
$958M
$105M
54.7%
15.3%
$246M
$1.2B
$130M
Sep '25
$996M
$146M
58.5%
20.8%
$226M
$1.3B
$154M
Jun '25
$1.1B
-$492M
61.7%
-37.2%
$269M
$1.4B
$201M
Mar '25
$937M
$160M
57.8%
23.8%
-$83M
$1.5B
$166M
Dec '24
$990M
$369M
57.9%
20.2%
$303M
$1.3B
$180M
Sep '24
$1.1B
$200M
59.6%
25.4%
$279M
$1.4B
$186M
Jun '24
$1.1B
$229M
61.4%
29.3%
$384M
$1.5B
$168M
Mar '24
$939M
$152M
55.6%
24.1%
-$43M
$1.7B
$159M
Dec '23
$960M
$254M
55.3%
21.8%
$320M
$1.7B
$149M
Sep '23
$1.0B
$177M
55.6%
26.2%
$215M
$1.9B
$127M
Jun '23
$1.1B
$212M
57.9%
29.7%
$297M
$2.0B
$166M
Mar '23
$884M
$150M
53.9%
26.6%
-$18M
$2.3B
$126M
Dec '22
$945M
$138M
52.5%
23.3%
$342M
$2.3B
$192M
Sep '22
$985M
$169M
54.9%
26.8%
$129M
$2.6B
$143M
Jun '22
$965M
$160M
51.6%
25.7%
$137M
$2.8B
$187M
Mar '22
$660M
$73M
49.2%
18.0%
-$109M
$2.9B
$172M
Dec '21
$587M
$155M
63.4%
27.3%
$192M
$771M
$213M
Sep '21
$626M
$153M
63.9%
32.4%
$98M
$686M
$437M
Jun '21
$641M
$319M
61.7%
30.5%
$199M
$386M
$198M
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 11.6× (Mar '23) to 4.4× (Nov '25).
The price-to-sales ratio has fallen from 1.8× (Mar '23) to 1.5× (Jun '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?
As of Jun '26, Crocs, Inc. traded at a price-to-earnings ratio of about 4.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.