Crocs CROX
United StatesConsumer Cyclical · Footwear & AccessoriesUSD
138.25 USD (+20.0%)
12 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Crocs, Inc. designs, manufactures, and sells resin footwear (its iconic clogs) and HeyDude brand products, with a global brand business model and high margins.
Key points
from its scores- ✓Good share-price trend9.3
- ✓High-quality business8.6
- ✓Attractive valuation8.2
- ✕Little or no dividend1.5
- ✕Unfavourable risk and backdrop3.7
AI analysis
bottom line, main risk, context and newsValuation is attractive and the business is solid, but limited growth and no dividend warrant selectivity.
Crocs trades at a P/E of 10.10 and an FCF yield of 9.67%, with an ROE of 42.30% and an operating margin of 24.22% reflecting a high-quality, cash-generative business, although revenue growth is modest (2.60%) and it pays no dividend.
The main risk is dependence on discretionary footwear demand: a consumer slowdown could hit revenues, given already modest growth of 2.60%.
Context and risks
Crocs has no material exposure to current macro factors: its consumer footwear business does not depend on energy commodities, conflict shipping routes, or interest rates significantly. Its net debt/EBITDA of 1.64 is moderate and its 24.22% operating margin provides a cushion against any cost pressures.
Is Crocs stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 38% below the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 10.1 | 17.8 | −43% |
| EV / EBITDA | 7.6 | 11.2 | −32% |
| Price / book | 4.0 | 2.9 | +39% |
| Price / sales | 1.4 | 1.3 | +9% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 8.2 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 138.25 USD, +20.0% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 7.2 (sector 5.7), Growth 5.0 (sector 5.9).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Cyclical medianValuation
- P/E
- 10.1
- Forward P/E
- 7.7
- EV / EBITDA
- 7.6
- Price / book
- 4.0
- Price / sales
- 1.4
- PEG
- 1.39
- Market cap
- 5.5B USD
- Enterprise value
- 7.0B USD
Profitability
- ROE
- 42.3%
- ROA
- 12.0%
- ROIC (approx.)
- 32.0%
- Gross margin
- 57.5%
- Operating margin
- 24.2%
- Net margin
- 14.6%
- Free cash flow
- 533.9M USD
- FCF yield
- 9.7%
- Cash conversion
- 58%
Solvency
- Total debt
- 1.7B USD
- Net debt
- 1.5B USD
- Cash
- 170.3M USD
- EBITDA
- 926.5M USD
- Net debt / EBITDA
- 1.64
- Debt / equity
- 121.99
- Current ratio
- 1.49
- Quick ratio
- 0.86
Growth
- Revenue growth
- +2.6%
- EPS (TTM)
- 11.41 USD
- EPS (forward)
- 14.95 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.56
- Analyst consensus
- none (12)
- Target price
- 138.25 USD
- 52-week range
- 73.21 – 141.28
Recent news
All CROX news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about Crocs
Is Crocs stock cheap or expensive?
On P/E and EV / EBITDA, it trades 38% below the Consumer Cyclical median on average. Valuation score: 8.2 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 138.25 USD, +20.0% versus the price. This is not investment advice.
What score does Crocs get on MeridIAn Screener?
It scores 6.7 out of 10, rank 371 of 2,130 (better than 80% of the companies analysed). Its strongest category is Momentum (9.3) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is Crocs's P/E ratio?
Its P/E is 10.1: the share price equals 10.1 times earnings per share over the last 12 months. The Consumer Cyclical median is 17.8. Based on the earnings analysts expect, the forward P/E is 7.7.
How much is Crocs worth on the stock market?
Its market capitalisation is 5.5B USD and its enterprise value, debt included, is 7.0B USD.
How much debt does Crocs have?
Its net debt (debt minus cash) is 1.5B USD. That is 1.64 times its EBITDA; the Consumer Cyclical median is 1.91.
Does Crocs pay a dividend?
It pays no dividend, or almost none.
How has Crocs stock performed over the last year?
It has risen 50.2% over the last year, excluding dividends. Over the last 52 weeks it has traded between 73.21 and 141.28 USD. Past performance does not guarantee future results.
What do analysts think of Crocs?
12 analysts cover it; their average recommendation is “none” and their average target is 138.25 USD (+20.0% versus the price). It is an estimate, not market data.