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Crocs (CROX) Gross Profit : $2,210 Mil (TTM As of Dec. 2023)


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What is Crocs Gross Profit?

Crocs's gross profit for the three months ended in Dec. 2023 was $531 Mil. Crocs's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,210 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Crocs's gross profit for the three months ended in Dec. 2023 was $531 Mil. Crocs's Revenue for the three months ended in Dec. 2023 was $960 Mil. Therefore, Crocs's Gross Margin % for the quarter that ended in Dec. 2023 was 55.28%.

Crocs had a gross margin of 55.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Crocs was 61.39%. The lowest was 46.84%. And the median was 51.01%.


Crocs Gross Profit Historical Data

The historical data trend for Crocs's Gross Profit 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 Gross Profit Chart

Crocs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 617.06 749.95 1,420.22 1,860.28 2,210.01

Crocs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 496.32 476.37 621.31 581.64 530.70

Competitive Comparison of Crocs's Gross Profit

For the Footwear & Accessories subindustry, Crocs's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Crocs's Gross Profit falls into.



Crocs Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Crocs's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3962.347 - 1752.337
=2,210

Crocs's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=960.097 - 429.4
=531

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,210 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

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

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=531 / 960.097
=55.28 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Crocs  (NAS:CROX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Crocs had a gross margin of 55.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Crocs Gross Profit Related Terms

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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