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Crocs Inc Stock Research

CROX

126.44USD+1.38(+1.10%)Market Closed

Market Summary

USD126.44+1.38
Market Closed
1.10%

CROX Alerts

CROX Stock Price

CROX RSI Chart

CROX Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

14.44

Price/Sales (Trailing)

2.19

EV/EBITDA

8.51

Price/Free Cashflow

15.64

CROX Price/Sales (Trailing)

CROX Profitability

EBT Margin

20.21%

Return on Equity

66.04%

Return on Assets

12%

Free Cashflow Yield

6.4%

CROX Fundamentals

CROX Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

61.12%

Revenue Q/Q

-4.05%

CROX Earnings

Earnings (TTM)

540.2M

Earnings Y/Y

-11.05%

Earnings Q/Q

-18.67%

Price Action

52 Week Range

46.08143.50
(Low)(High)

Last 7 days

6.8%

Last 30 days

1.6%

Last 90 days

16.6%

Trailing 12 Months

65.5%

CROX Financial Health

Current Ratio

1.6

CROX Investor Care

Shares Dilution (1Y)

5.83%

Diluted EPS (TTM)

8.71

Peers (Alternatives to Crocs)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
191.2B
49.1B
3.72% -7.83%
33.94
3.89
6.05% -8.67%
44.5B
7.5B
17.67% -0.28%
38.09
5.97
27.50% 34.32%
11.8B
3.6B
8.17% 64.21%
23.99
3.32
20.04% 18.55%
MID-CAP
10.2B
6.6B
-0.32% 16.04%
12.16
1.54
1.28% 0.05%
8.9B
11.7B
-8.69% -59.30%
21.49
0.76
4.21% -68.79%
7.8B
3.6B
1.60% 65.50%
14.44
2.19
53.67% -25.57%
7.8B
6.4B
-0.18% 4.58%
15.07
1.21
7.40% 2.63%
7.4B
7.4B
4.85% 16.58%
19.8
0.99
17.98% -49.69%
2.8B
2.1B
-0.83% -6.31%
10.93
1.3
13.71% 69.90%
SMALL-CAP
1.7B
1.3B
-9.50% 18.87%
10.45
1.25
24.96% 68.50%
1.3B
2.7B
0.47% -23.59%
-7.13
0.5
11.18% -374.49%
738.4M
3.1B
-4.48% -42.51%
4.18
0.24
22.63% 5.80%
185.4M
502.4M
11.55% -21.90%
-7.02
0.37
-5.78% -228.18%
168.9M
646.0M
-13.17% -44.53%
6.38
0.26
49.40% 49.42%
11.2M
41.5M
-1.33% -35.17%
-5.64
0.27
1.50% -301.56%

Financials for Crocs

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue11.2%3,5553,1962,8372,5132,313
Gross Profit7.2%1,8601,7361,5941,4921,420
  S&GA Expenses6.8%1,010945865815737
EBITDA8.3%894826765711-
EBITDA Margin-2.7%0.25*0.26*0.27*0.28*-
Earnings Before Taxes3.2%719696664640664
EBT Margin-7.2%0.20*0.22*0.23*0.25*-
Interest Expenses43.1%13695.0068.0039.0022.00
Net Income-3.1%540557541700726
Net Income Margin-12.8%0.15*0.17*0.19*0.28*-
Free Cahsflow43.0%499349318381-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.9%4,5024,5434,5874,4711,545
  Current Assets-8.7%1,0261,1231,1681,039667
    Cash Equivalents34.0%192143187172213
  Inventory-8.2%472514502408214
  Net PPE11.1%182163140136108
  Goodwill0.1%7157147146422.00
Liabilities-5.8%3,6843,9124,0954,1211,531
  Current Liabilities12.3%641571602531388
    LT Debt, Current21.8%24.0020.0025.0025.00-
    LT Debt, Non Current-11.5%2,2982,5962,7442,851771
Shareholder's Equity29.7%81863149234914.00
  Retained Earnings8.2%1,8191,6811,5121,3521,279
  Additional Paid-In Capital0.7%798792784775496
Accumulated Depreciation2.3%91.0089.0086.0084.00-
Shares Outstanding0%62.0062.0062.0062.0058.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations31.5%603459410468567
  Share Based Compensation-7.0%31.0034.0036.0038.0038.00
Cashflow From Investing0.3%-2,151-2,156-2,131-2,119-55.92
Cashflow From Financing8.4%1,5301,4111,7131,568-429
  Buy Backs-100.0%0.005006509501,000

Risks for CROX

What is the probability of a big loss on CROX?

63.5%


Probability that Crocs stock will be more than 20% underwater in next one year

61.9%


Probability that Crocs stock will be more than 30% underwater in next one year.

43.5%


Probability that Crocs stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CROX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Crocs was unfortunately bought at previous high price.

Drawdowns

Returns for CROX

Cumulative Returns on CROX

24.0%


10-Year Cumulative Returns

45.0%


7-Year Cumulative Returns

50.7%


5-Year Cumulative Returns

95.2%


3-Year Cumulative Returns

What are the long-term rolling returns for CROX?

FIve years rolling returns for Crocs.

Annualized Returns

Which funds bought or sold CROX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-24
Freemont Management S.A.
sold off
-100
-230,000
-
-%
2023-03-23
MetLife Investment Management, LLC
reduced
-1.62
2,684,760
7,534,150
0.06%
2023-03-17
American Portfolios Advisors
added
2.58
21,107
68,317
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-23.15
63,975
467,975
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
167
14,070,500
18,426,500
0.02%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-49.18
-8,000
33,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-
-
-%
2023-02-28
Voya Investment Management LLC
reduced
-11.26
-47,452,600
6,786,420
0.01%
2023-02-27
Parallax Volatility Advisers, L.P.
unchanged
-
553,044
1,508,040
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-8.33
193
1,193
-%

1–10 of 43

Latest Funds Activity

Are funds buying CROX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CROX
No. of Funds

Crocs News

MarketBeat

35985 Shares in Crocs, Inc. (NASDAQ:CROX) Acquired by Moody ....

MarketBeat,
11 hours ago

Investor's Business Daily

Investor's Business Daily

Schedule 13G FIlings of Crocs

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.24%
5,703,838
SC 13G/A
Jan 26, 2023
blackrock inc.
11.6%
7,131,887
SC 13G/A
Jan 20, 2023
blackrock inc.
11.6%
7,131,887
SC 13G
Feb 09, 2022
vanguard group inc
9.53%
5,609,635
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Jan 10, 2022
blackrock inc.
10.9%
6,398,885
SC 13G/A
Feb 10, 2021
vanguard group inc
9.99%
6,745,210
SC 13G/A
Feb 10, 2021
renaissance technologies llc
2.04%
1,375,109
SC 13G/A
Feb 10, 2021
vanguard group inc
10.07%
6,798,543
SC 13G/A

CROX Fair Value

Crocs fair value in different scenarios

The table shows the Fair Value estimates for Crocs for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

184.50

45.92%

272.60

115.60%

436.00

244.83%

1204.94

852.97%

2234.57

1667.30%
Current Inflation

171.69

35.79%

248.57

96.59%

389.91

208.38%

1050.41

730.76%

1924.88

1422.37%
Very High Inflation

155.52

23.00%

219.13

73.31%

334.77

164.77%

869.83

587.94%

1567.07

1139.38%

Historical Crocs Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Crocs

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4/A
Insider Trading
Mar 10, 2023
4/A
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading

Latest Insider Trading transactions for CROX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
SMACH THOMAS J
bought
339,438
113
3,000
-
2023-03-09
BLACKSHAW RICHARD
sold (taxes)
-43,784
119
-366
evp, brand president
2023-03-04
Hart Daniel P
sold (taxes)
-368,177
125
-2,944
executive vice president
2023-03-04
MEHLMAN ANNE
sold (taxes)
-649,562
125
-5,194
cfo
2023-03-04
Poole Michelle
sold (taxes)
-696,584
125
-5,570
president
2023-03-04
SISLER SHANNON
sold (taxes)
-161,703
125
-1,293
evp, chief people officer
2023-03-04
MICHAELS ADAM
sold (taxes)
-227,234
125
-1,817
evp, chief digital officer
2023-03-04
Rees Andrew
sold (taxes)
-3,464,160
125
-27,700
chief executive officer

1–10 of 50

Andrew Rees
5770
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. It offers various footwear products, including clogs, sandals, slides, flip-flops, boots, flats, wedges, platforms, socks, shoe charms, loafers, sneakers, and slippers under the Crocs brand name. The company sells its products in approximately 85 countries through wholesalers, retail stores, e-commerce sites, and third-party marketplaces. As of December 31, 2021, it had 193 outlet stores, 107 retail stores, 373 company-operated stores, 73 kiosks and store-in-stores, and 14 company-operated e-commerce sites. The company serves in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Crocs, Inc. was founded in 1999 and is headquartered in Broomfield, Colorado.

CROX Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenues$ 3,554,985$ 2,313,416$ 1,385,951
Cost of sales1,694,703893,196636,003
Gross profit1,860,2821,420,220749,948
Selling, general and administrative expenses1,009,526737,156514,753
Asset impairments0021,071
Income from operations850,756683,064214,124
Foreign currency gains (losses), net3,228(140)(1,128)
Interest income1,020775215
Interest expense(136,158)(21,647)(6,742)
Other income (expense), net(338)1,797510
Income before income taxes718,508663,849206,979
Income tax expense (benefit)178,349(61,845)(105,882)
Net income$ 540,159$ 725,694$ 312,861
Net income per common share:   
Basic (in dollars per share)$ 8.82$ 11.62$ 4.64
Diluted (in dollars per share)$ 8.71$ 11.39$ 4.56
Weighted average common shares outstanding:   
Basic (in shares)61,22062,46467,386
Diluted (in shares)62,00663,71868,544

CROX Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 191,629$ 213,197
Restricted cash — current265
Accounts receivable, net of allowances of $24,493 and $20,715, respectively295,594182,629
Inventories471,551213,520
Income taxes receivable14,75222,301
Other receivables18,84212,252
Prepaid expenses and other assets33,60522,605
Total current assets1,025,975666,569
Property and equipment, net181,529108,398
Intangible assets, net1,800,16728,802
Goodwill714,8141,600
Deferred tax assets, net528,278567,201
Restricted cash3,2543,663
Right-of-use assets239,905160,768
Other assets7,8758,067
Total assets4,501,7971,545,068
Current liabilities:  
Accounts payable230,821162,145
Accrued expenses and other liabilities239,424166,887
Income taxes payable89,21116,279
Current borrowings24,3620
Current operating lease liabilities57,45642,932
Total current liabilities641,274388,243
Deferred tax liabilities, net[1]302,030176
Long-term income taxes payable[1]224,837219,568
Long-term borrowings2,298,027771,390
Long-term operating lease liabilities215,119149,237
Other liabilities2,5792,372
Total liabilities3,683,8661,530,986
Stockholders’ equity:  
Common stock, par value $0.001 per share, 109.5 million and 105.9 million issued, 61.7 million and 58.3 million shares outstanding, respectively110106
Treasury stock, at cost, 47.7 million and 47.6 million shares, respectively(1,695,501)(1,684,262)
Additional paid-in capital797,614496,036
Retained earnings1,819,1991,279,040
Accumulated other comprehensive loss(103,491)(76,838)
Total stockholders’ equity817,93114,082
Total liabilities and stockholders’ equity$ 4,501,797$ 1,545,068
[1]Amounts for the year ended December 31, 2021 have been reclassified to conform to current period presentation.