Crocs CROX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 58.1%-1.1pp | 58.3%-0.4pp | 59.1%+0.9pp | 59.4%+2.2pp | 59.3%+3.1pp | |
| Operating margin | 3.2%-21.7pp | 3.7%-21.2pp | 5%-20.3pp | 6.4%-19.1pp | 24.8%-0.8pp | |
| EBITDA margin | 5.2%-21.4pp | 5.7%-21.0pp | 6.9%-20.1pp | 8.2%-18.9pp | 26.6%-0.4pp | |
| Free cash flow margin | 16%-5.6pp | 16.3%-6.2pp | 17.6%-5.5pp | 18.6%-3.0pp | 21.6%+1.9pp | |
| Returns | ||||||
| Return on invested capital | 1.9%-26.6pp | 2.4%-28.3pp | 6.5%-24.4pp | 8.4%-22.7pp | 28.5%-1.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.8×0.0× | |
| Inventory turnover | 4.3×0.0× | 4.6×+0.1× | 4.4×-0.1× | 4.3×0.0× | 4.3×+0.2× | |
| Liquidity | ||||||
| Current ratio | 1.7×+0.1× | 1.3×+0.1× | 1.4×0.0× | 1.5×0.0× | 1.5×-0.2× | |
| Quick ratio | 1×+0.1× | 0.7×0.0× | 0.8×-0.1× | 1×0.0× | 1×-0.2× | |
| Cash ratio | 0.2×0.0× | 0.2×-0.1× | 0.2×0.0× | 0.3×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×+0.3× | 1.2×+0.3× | 1.3×+0.2× | 1.2×+0.1× | 0.9×-0.3× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×-0.1× | |
| Net debt / EBITDA | 7.6×+6.1× | 6.5×+5.1× | 5.5×+4.1× | 4.6×+3.1× | 1.6×-0.2× | |
| Interest coverage | 1.5×-8.6× | 1.7×-7.7× | 2.2×-6.2× | 2.8×-4.9× | 10×+3.1× | |
| Per Share | ||||||
| Book value per share | $28.15-19.2% | $23.86-22.2% | $25.25-12.9% | $25.48-6.4% | $34.86+33.3% | |
| Valuation | ||||||
| Market capitalization | $4.17B-29.9% | $4.44B-30.4% | $4.56B-46.9% | $5.56B-37.3% | $5.95B-31.6% | |
| Enterprise value | $5.76B-24.6% | $5.92B-25.1% | $6.11B-40.0% | $7.13B-32.5% | $7.65B-27.8% | |
| Price / sales | 1×-0.4× | 1.1×-0.5× | 1.1×-1.0× | 1.3×-0.8× | 1.5×-0.7× | |
| Price / book | 2.9×-0.1× | 3.4×0.0× | 3.3×-1.6× | 3.9×-1.4× | 3×-2.4× | |
| EV / EBITDA | 27.7×+20.6× | 25.9×+18.6× | 21.9×+12.6× | 21×+11.4× | 7×-2.7× | |
| EV / sales | 1.4×-0.4× | 1.5×-0.5× | 1.5×-1.0× | 1.7×-0.9× | 1.9×-0.8× | |
| Free cash flow yield | 15.4%+0.6pp | 14.8%+0.4pp | 15.7%+4.8pp | 13.8%+3.9pp | 14.8%+5.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Crocs's profit margins?
- Crocs (CROX) runs a 58.1% gross margin and a 3.2% operating margin, with a 4.5% net margin.
- Where do Crocs's ratios come from?
- Every ratio is computed from Crocs's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
