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Crocs CROX Return on invested capital

Return on invested capital at other companies

Nike logo
NikeNKE
11.6%-15.2pp
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
135.2%+2.2pp
V.F. Corporation logo
V.F. CorporationVFC
9.3%

Other financials

Income statement

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Revenue$921.5M-1.7%
Gross profit$522.9M-3.4%
Operating income$200.8M-9.9%
Net income$137.6M-14.1%
EPS (diluted)$2.71-4.2%

Balance sheet

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Cash & equivalents$134.3M-20.8%
Total debt$1.7B-7.4%
Total equity$1.4B-27.5%
Total assets$4.3B-14.3%

Cash flow

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Operating cash flow-$80.9M-20.4%
CapEx$18.0M+17.1%
Free cash flow-$98.9M-19.8%

Valuation

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Market cap$6.21B-29.9%
Enterprise value$7.8B-24.6%
P/S1.5×-0.6×

Profitability

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Gross margin58.1%-1.1pp
Operating margin3.2%-21.7pp
Net margin4.5%-16.0pp
FCF margin16%-5.6pp

Returns & leverage

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Return on equity11.8%-45.2pp
Debt / equity1.2×+0.3×
Current ratio1.7×+0.1×

Where this comes from

Calculated from Crocs’s reported figures.

Based on trailing twelve months.

The official record: Crocs’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crocs's return on invested capital?
Crocs (CROX) reported return on invested capital of 1.9% in Q1 2026.
How has Crocs's return on invested capital changed year-over-year?
Crocs's return on invested capital decreased by 93.3% year-over-year, from 28.5% to 1.9%.
What is the long-term trend for Crocs's return on invested capital?
Over 5 years (2020 to 2025), Crocs's return on invested capital has grown at a -44.3% compound annual growth rate (CAGR), from 45.6% to 2.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.