Crocs

Crocs

Crocs manufactures casual footwear for men, women and children. Learn more

Launch date
Employees
Market cap
$7.6b
Enterprise valuation
$9.3b (Public information from Sep 2024)
Niwot Colorado (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues1.4b2.3b3.6b4.0b4.1b4.4b4.5b
% growth13 %67 %54 %11 %4 %5 %3 %
EBITDA242m718m891m1.1b1.1b1.2b1.2b
% EBITDA margin17 %31 %25 %28 %27 %27 %27 %
Profit313m726m540m793m731m812m856m
% profit margin23 %31 %15 %20 %18 %19 %19 %
EV / revenue3.1x3.5x2.6x1.8x2.4x2.1x2.0x
EV / EBITDA17.6x11.3x10.2x6.5x8.7x7.8x7.3x
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DateInvestorsAmountRound
N/A

N/A

IPO

$200m

Post IPO Equity
Total Funding-

Recent News about Crocs

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More about Crocsinfo icon
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Crocs, Inc. (website: crocs.com) is a global leader in innovative casual footwear for men, women, and children. The company is best known for its iconic clog design, which has gained a significant following due to its comfort and distinctive look. Crocs operates in the highly competitive footwear market, catering to a diverse clientele that includes everyday consumers, children, and professionals who require comfortable and durable shoes for work.

The business model of Crocs revolves around designing, manufacturing, and selling a wide range of footwear products. These products include clogs, sandals, slides, boots, and wedges, among others. Crocs leverages its proprietary Croslite™ material, a lightweight, non-marking, and odor-resistant resin, to create shoes that offer superior comfort and functionality.

Crocs generates revenue primarily through direct-to-consumer sales via its e-commerce platform, crocs.com, and through retail stores. Additionally, the company has a significant presence in wholesale markets, supplying products to various third-party retailers worldwide. This multi-channel approach allows Crocs to reach a broad audience and maintain a strong market presence.

The company's product line includes specialized collections such as the Crocs Fun Lab, which features designs inspired by popular characters from Disney, Pixar, and Marvel, appealing particularly to children. Crocs also offers work-specific footwear designed for professionals who need reliable and comfortable shoes for long hours on their feet.

In summary, Crocs is a well-established player in the casual footwear market, known for its unique and comfortable designs. The company serves a wide range of customers through its diverse product offerings and multi-channel sales strategy, ensuring a steady stream of revenue and market growth.

Keywords: casual footwear, clogs, sandals, Croslite™, e-commerce, retail, wholesale, Disney, Marvel, comfort.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Crocs

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FIGS
exited
HeyDude
ACQUISITION by Crocs Dec 2021
Hey Dude
ACQUISITION by Crocs Feb 2022