Crocs Inc logo

Crocs Inc(CROX)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$111.49
09/14/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for CROX

09/14/2026: CROX (1-star) is currently NOT-A-BUY. Pass it for now.

Crocs Inc is a globally recognized footwear brand known for its iconic, comfort-focused foam clogs and the recent addition of the HEYDUDE brand. The company possesses a leading position in the casual footwear market, supported by strong profit margins and an effective direct-to-consumer digital model. Its growth story centers on scaling HEYDUDE, expanding its international footprint, and maintaining high customer engagement through unique customization. Primary risks include heavy competition in the apparel space, sensitivity to discretionary consumer spending, and the operational challenges of brand integration. The stock may best suit growth-oriented investors, while developments in brand sentiment and quarterly margin execution remain key areas for monitoring.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company continues to pursue aggressive expansion strategies and product line diversification.
Momentum investorMixed fitMomentum is highly dependent on positive market trends and sustained growth signals which may vary.
Value investorStrong fit while signal remains positiveThe stock often trades at valuations that may appear attractive relative to its historical growth potential.
Dividend investorWeak fitCrocs does not currently prioritize returning capital through regular dividends.
Low-risk investorWeak fitThe stock exhibits price volatility common in the consumer discretionary and fashion sectors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highConsumer fashion stocks are often subject to significant sentiment-driven price swings.
Valuation riskMediumMarket expectations for continued growth can impact the stock's valuation multiples.
Competition risk (footwear/apparel)HighThe market is saturated with both global giants and low-cost fast-fashion alternatives.
Business qualityMedium / highThe company has established a strong brand, though it must continuously innovate to remain relevant.
Dividend incomeLow / noneIncome-focused investors will not find a consistent dividend yield here.
Execution riskMediumSuccessfully integrating HEYDUDE and maintaining global supply chain efficiency is critical.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -41.3%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/14/2026

Upturn Scorecard

Upturn Star Rating

CROX receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

CROX has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 16.3%) is partially offset by negative earnings growth (-108.5%), slightly negative revenue growth (-1.5%), soft profitability (net margin -2.0%).

Financial Health Rating

CROX's financial health is supported by solid efficiency, including operating-expense and cost-of-revenue discipline (opex 35.0% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

CROX's growth profile is soft, with the least-weak measure being revenue growth at -1.5% FY2025 versus FY2024. By comparison, while earnings growth (-108.5%, negative) and free-cash-flow growth (-28.6%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 103.7% and approximately 96.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 3.09% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 9.97%
FMR Inc 7.84%
Vanguard Capital Management, LLC 4.54%
Vanguard Portfolio Management, LLC 4.35%
LSV Asset Management 3.78%

Unit Economics (Per $1K Revenue)

CROX generates approximately $570 of gross profit, $220 of operating income, and $163 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 211.26%

Quantitative Style Profile

CROX has a high-quality, liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedQuality TiltHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.39B USD
Price to earnings Ratio 9.98
1Y Target Price 138.25
Price to earnings Ratio 9.98
1Y Target Price 138.25
Volume (30-day avg) 924.8K shares
Beta 1.51
52 Weeks Range 73.20 - 141.28
Updated Date 09/13/2026
52 Weeks Range 73.20 - 141.28
Updated Date 09/13/2026
Dividends yield (FY) -
Basic EPS (TTM) 11.27

How Company Makes Money

Business areaWhat it includesRetail investor read
Crocs BrandFootwear, Jibbitz, and apparel sold through D2C and wholesale.The core revenue driver relying on high brand equity and repeat purchases.
HEYDUDE BrandLightweight, versatile casual footwear.Provides secondary growth via a different consumer segment than the core Crocs brand.
GeographyOperations in North America, EMEA, and APAC.Geographic diversification helps mitigate regional economic downturns.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 9.98
Forward PE 7.41
Enterprise Value 6.91B
Price to Sales(TTM) 1.33
Enterprise Value 6.91B
Price to Sales(TTM) 1.33
Enterprise Value to Revenue 1.7
Enterprise Value to EBITDA 7.48
Shares Outstanding 47.95M
Shares Floating 46.12M
Shares Outstanding 47.95M
Shares Floating 46.12M
Percent Insiders 3.09
Percent Institutions 103.67

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Crocs Inc

Exchange NASDAQ
Headquarters Broomfield, CO, United States
IPO Launch date 2006-02-08
CEO & Director Mr. Andrew Rees
Sector Consumer Cyclical
Industry Footwear & Accessories
Full time employees 8010
Full time employees 8010

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.