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Crocs (CROX) Operating Margin % : 22.79% (As of Dec. 2023)


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What is Crocs Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Crocs's Operating Income for the three months ended in Dec. 2023 was $219 Mil. Crocs's Revenue for the three months ended in Dec. 2023 was $960 Mil. Therefore, Crocs's Operating Margin % for the quarter that ended in Dec. 2023 was 22.79%.

Good Sign:

Crocs Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Crocs's Operating Margin % or its related term are showing as below:

CROX' s Operating Margin % Range Over the Past 10 Years
Min: -5.23   Med: 8.22   Max: 29.53
Current: 26.4


CROX's Operating Margin % is ranked better than
96.75% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.785 vs CROX: 26.40

Crocs's 5-Year Average Operating Margin % Growth Rate was 34.90% per year.

Crocs's Operating Income for the three months ended in Dec. 2023 was $219 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,046 Mil.


Crocs Operating Margin % Historical Data

The historical data trend for Crocs's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crocs Operating Margin % Chart

Crocs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.45 16.97 29.53 23.93 26.40

Crocs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.28 26.57 29.70 26.19 22.79

Competitive Comparison of Crocs's Operating Margin %

For the Footwear & Accessories subindustry, Crocs's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crocs's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocs's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Crocs's Operating Margin % falls into.



Crocs Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Crocs's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1046.07 / 3962.347
=26.40 %

Crocs's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=218.801 / 960.097
=22.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crocs  (NAS:CROX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Crocs Operating Margin % Related Terms

Thank you for viewing the detailed overview of Crocs's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crocs (CROX) Business Description

Traded in Other Exchanges
Address
13601 Via Varra, Broomfield, CO, USA, 80020
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.
Executives
Adam Michaels officer: EVP, Chief Digital Officer C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Michelle Poole officer: EVP CP&M Officer C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Shannon Sisler officer: EVP, Chief People Officer C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Douglas J Treff director 3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Anne Mehlman officer: CFO C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503
Thomas J Smach director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Thomas Britt officer: EVP, Chief Information Officer C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Andrew Rees officer: President C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Ian Bickley director 516 WEST 34TH STREET, NEW YORK NY 10001
Daniel P Hart officer: EVP-Admin. & Corp. Development 7477 E. DRY CREEK PARKWAY, NIWOT CO 80503
Richard Blackshaw officer: EVP, Brand President C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Ronald Frasch director NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201
Charisse Ford Hughes director C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Elaine L Boltz officer: Chief Operations Officer C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503