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Crocs, Inc. (CROX)

POSITIVE
Consumer CyclicalFootwear & AccessoriesUnited States

Fundamental

71

Price

$121.83

Market Cap

$5.90B

Part 1 · What the company is worth

Overview

Crocs, Inc. together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and kids under the Crocs and HEYDUDE Brands in the United States and internationally. The company offers various footwear products, including clogs, sandals, loafers, classics, fuzz, platforms, boots, sandals, slides, slippers, sneakers, flip flops, and flats, as well as totes, backpacks, belt bags, socks, bag charms, cases, attachments, cartoon characters products, and touchland and other accessories. It sells its products through wholesalers, retail stores, e-commerce sites, third-party marketplaces, outlet stores, and kiosks/store-in-store locations. Crocs, Inc. was founded in 1999 and is headquartered in Broomfield, Colorado.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$4.05B

Trailing 12 months (through 6/30/2026)

Net Income

$593M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$659M

Total Equity

$1.29B

Total Liabilities

$2.88B

Current Ratio

1.49

Interest Coverage

10.08

Debt/EBITDA

7.38

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Fairly Valued

Fair Value

$155.49

Current Price

$121.83

Margin of Safety

+21.6%

Fair Value Range

$101.07 - $209.91

Estimation Methods

Analyst Target:$138.25
DCF:$245.04
PE-based:$97.55
Graham Growth:$183.48
EPV:$101.60
Analyst Consensus:Buy (14B / 8H / 1S)
Last Earnings Surprise:+2.75%

Valuation Metrics

P/E Ratio

11.11

ROE

-6.3%

P/B Ratio

4.36

P/FCF

8.56

Gross Margin

57.5%

ROIC

18.3%

Profitability Radar

Value Creation (Economic Moat)

ROIC

18.3%

WACC

11.3%

ROIC − WACC

+7.0 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (19)

  • Price CAGR 33.37%
  • ROIC 18.3%
  • Gross Margin 57.5%
  • P/FCF 8.56
  • Debt/Equity ratio
  • Operating Margin 20.7%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Return on Tangible Assets
  • ROE 43.4%
  • Revenue Growth 5Y 23.9%
  • Analyst Consensus 61% Buy
  • Earnings Surprise avg 12.0%
  • Earnings Quality (OCF/NI) 1.29
  • Share Dilution -9.5%
  • Net Margin Trend 14.6% vs 5.7%
  • Piotroski F-Score 5/9

Failed (6)

  • EPS shows upward trend
  • P/B Ratio 4.36
  • Debt/EBITDA
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)

Unavailable (2)

  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

5/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.29

High quality: earnings backed by cash

Share Dilution

-9.5%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Andrew ReesCEO & Director58
Mr. Patraic ReaganExecutive VP & CFO53
Mr. Terence ReillyExecutive VP & Chief Brand Officer57
Ms. Anne MehlmanExecutive VP & Brand President for Crocs44
Mr. Rupert CampbellExecutive VP & President of the Heydude Brand-
Mr. Thomas BrittExecutive VP & Chief Information Officer61
Ms. Abigail Kathleen RitterSenior Manager of Investor Relations & Strategic Finance-
Ms. Sara HoverstockExecutive VP & Chief Legal Officer-
Ms. Shannon SislerExecutive VP & Chief People Officer50
Mr. Erik OlsonSenior Vice President of Global Sourcing & Product Execution-

Audit Risk

4

Board Risk

2

Compensation Risk

2

Shareholder Rights Risk

7

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for CROX, sourced from Markets Gazette.

  • 4/7/2026POSITIVE
    Crocs Stock Is Surging — Is The Valuation Too Cheap To Ignore?

    Crocs Inc. (NASDAQ:CROX) experienced a significant surge in its stock price on Tuesday, driven by investor sentiment favoring companies with inexpensive valuations relative to their growth potential. This rotation back into value-oriented growth stocks suggests a renewed confidence in Crocs's business model and future prospects. Analysts are closely watching the company's ability to sustain this momentum, as the current valuation may present an attractive entry point for investors seeking growth at a reasonable price.

  • 3/2/2026NEGATIVE
    Crocs Executive Vice Presidents Sells 12,000 Shares for $12 Million

    A recent transaction by an Executive Vice President of Crocs Inc. has raised concerns among investors. The senior executive offloaded a substantial 12,000 shares of the company, totaling an impressive $12 million. This move, implying an implicit valuation of $1,000 per share, prompts questions about internal confidence in the stock's future performance. Significant insider sales are often interpreted by the market as a negative signal, suggesting that those closest to the company's operations may perceive an overvaluation or less optimistic prospects. Investors should closely monitor market reaction and future corporate communications to better understand the motivations behind this notable divestment.

  • 3/2/2026NEGATIVE
    Crocs Executive Vice Presidents Sells 12k Shares for $12M

    A recent transaction involving a Crocs Executive Vice President selling 12,000 shares for $12 million has raised eyebrows among investors. Such insider selling is often interpreted as a cautionary signal from management, potentially indicating an internal perception of peak valuation or less optimistic future prospects. While Crocs enjoys significant popularity among younger consumers, insider sales can erode market confidence, leading to downward pressure on the stock. Investors should closely monitor upcoming developments and financial disclosures to assess whether this sale is an isolated event or indicative of a broader trend.

  • 2/27/2026POSITIVE
    Crocs Stock Draws New $54 Million Bet Despite 12% Drop This Past Year

    Despite a 12% drop over the past year, Crocs stock has attracted a significant new $54 million bet. This investment, from an unspecified market player, suggests strong confidence in the company's recovery potential and future growth. Crocs, which designs and markets casual footwear and accessories, appears to be viewed by some investors as undervalued, with the recent decline seen as a buying opportunity based on improved operational prospects. For investors, this substantial show of interest could act as a catalyst, signaling a potential turning point for the stock and indicating that smart money sees value where others might see risk.

via Markets Gazette