Caleres vs Crocs
Crocs reported revenue of $4.0 billion in fiscal 2025, 1.5 times Caleres' $2.8 billion in fiscal 2025. Caleres' revenue grew 1.3% in its latest year, and Crocs' fell 1.5%. Caleres had an operating margin of 0.2%, against 3.7% at Crocs. Free cash flow was $39 million at Caleres and $659 million at Crocs. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| Caleres | Crocs | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $2.8B | $4.0B |
| Revenue growth | 1.3% | −1.5% |
| Revenue growth a year, last 5 years | 5.4% | 23.9% |
| Gross margin | 43.0% | 58.3% |
| Operating margin | 0.2% | 3.7% |
| Net margin | −0.2% | −2.0% |
| Free cash flow | $39M | $659M |
| Free cash flow margin | 1.4% | 16.3% |
| Return on capital | 0.9% | 2.8% |
| Net debt to EBITDA | −0.5x | 4.8x |
| Dividends and buybacks | $14M | $582M |
| Change in diluted share count | −3.0% | −9.4% |
| Last close | $12.69 | $151.86 |
| P/E at the last close | 8.3× | 11.5× |
| Insider trades, last 12 months | — | bought $836,069, sold $23.0 million |
| Piotroski F-score | 3 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CaleresCrocs
Operating margin
Percent of revenue
CaleresCrocs
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CaleresCrocs