CROX Crocs, Inc. - Common Stock

NASDAQ · Textiles, Apparel & Luxury Goods · View on SEC EDGAR ↗
$128.84
Price · Aug 19, 2026
Fundamentals as of Jul 30, 2026

About Crocs, Inc. - Common Stock Company overview from Wikipedia

Crocs, Inc. is an American footwear company based in Broomfield, Colorado which manufactures and markets the Crocs brand of foam footwear. Crocs, Inc. terms these "clogs," but they do not contain wood like traditional clogs. In 2021, they acquired the Italian footwear brand HEYDUDE for $2.5 billion. In 2025, Crocs revenue stood at $3.3 billion, an increase of 1.5% from the previous year.

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Crocs, Inc. is an American footwear company based in Broomfield, Colorado which manufactures and markets the Crocs brand of foam footwear. Crocs, Inc. terms these "clogs," but they do not contain wood like traditional clogs. In 2021, they acquired the Italian footwear brand HEYDUDE for $2.5 billion. In 2025, Crocs revenue stood at $3.3 billion, an increase of 1.5% from the previous year.

History

2002–2007

Scott Seamans, Lyndon Hanson and George Boedecker Jr. created Crocs in 2002 to make and distribute the sandals, as they saw its potential and ease of use for consumers.

The trio acquired Andrew Reddyhoff's design from Foam Creations, Inc. of Quebec City, which became the foundation of the Crocs sandals known in the present day. Seamans, Hanson, and Boedecker were drawn to the shoe's comfort and practicality.

In 2002, Crocs unveiled their first model, the Beach, at the Fort Lauderdale Boat Show in Florida, and all 200 pairs produced sold out.

As the demand for Crocs grew, the company underwent further development and rebranding. In 2005, TDA Boulder redesigned the original Crocs logo and launched the "Ugly Can Be Beautiful" campaign, the first national advertising campaign for the Crocs brand. This successful campaign, created by Creative Director Thomas Dooley, Designer Matt Ebbing, and Creative Director Jonathan Schoenberg, helped pave the way for Crocs' successful IPO.

On February 8, 2006, Crocs completed its IPO and opened on the Nasdaq at a price of $21.00 per share, raising $208 million.

2008–2015

On April 14, 2008, during the 2008 financial crisis, the stock dropped 30% in after-hours trading after the company issued a press release in which they significantly decreased earnings estimates for the first quarter. In the same statement, the company announced layoffs of its 600 Quebec City factory employees as retailers had been reducing orders, though about 100 sales and marketing positions would remain. "The retail environment in the U.S. has become increasingly challenging as consumer spending and traffic levels have slowed," chief executive officer Ron Snyder said. During the 2008 financial crisis, CROX dropped to as low as $0.79 before rebounding ($15.50 by November 2010).

On July 21, 2010, Crocs, Inc. announced a restructuring plan to streamline its operations and workforce by eliminating 180 jobs, closing 75 to 100 stores (out of 624 worldwide), and scrapping underperforming product lines. Crocs has previously eliminated 183 positions, including 70 current and planned positions in its corporate headquarters in Niwot, Colorado. Crocs also announced they would open a "global commercial center" with 50 to 75 employees in Boston, Massachusetts, in 2014, for merchandising, marketing, and retail functions.

On October 18, 2011, Crocs stock suffered a single-day drop of about 39.4% on lowered earnings and revenues forecast.

In June 2013, Crocs reported a 42.5% decrease in net profits from the year before. As a result, the stock fell 20.2% in one day.

In December 2013, the hedge fund SAC Capital Advisors disclosed that it held a 5% stake in Crocs, just over a day after The Blackstone Group said it would invest $200 million in a convertible preferred stock offering that would allow the company to replace its CEO and buy back $350 million in stock. In a filing with the U.S. Securities and Exchange Commission, SAC Capital management said it had accumulated a 5% passive stake in Crocs.

2016–present

Crocs had sold 300 million pairs of shoes by year 2017. In August 2018, Crocs announced it was closing its last company-operated manufacturing plants in Mexico and Italy. In June 2020, Crocs moved the headquarters from Niwot, Colorado, to Broomfield.

In 2020, in response to the COVID-19 pandemic, the company launched "A Free Pair for Healthcare" offering healthcare workers a free pair of their shoes. Crocs also sent 100,000 pairs of shoes to hospitals to be distributed to staff.

In the years 2020 to 2022, Crocs experienced a surge in sales due to several factors. One reason for the brand's resurgence was a shift in consumer behavior during the COVID-19 pandemic, with many people looking for footwear that they could wear while working from home. Additionally, Crocs benefited from collaborations with high-profile fashion designers and a marketing campaign that helped to revitalize the brand's image. As a result of these factors, Crocs' sales had a two-digit rise annually during this period.

In December 2025, Crocs filed a lawsuit against US Customs and Border Protection, the Department of the Treasury, the Department of Homeland Security, and the Office of the US Trade Representative, seeking $54 million in refunds for tariffs imposed by the second Trump administration that the company was required to pay.

Business and operations

Acquisitions

In October 2006, Crocs, Inc. purchased Jibbitz, a manufacturer of accessories that snap into the holes in Croc's shoes, for $10 million, or $20 million if Jibbitz met earnings goals.

In January 2007, Crocs acquired assets of Ocean Minded for $1.75 million in cash, plus potentially $3.75 million based on performance. Ocean Minded makes leather and ethylene-vinyl acetate-based footwear. In July 2007 Crocs agreed to buy shoe- and sandal-maker Bite Footwear, based in Redmond, Washington, for $1.75 million, or up to double that based on earnings results.

In April 2008, Crocs acquired Tidal Trade, Inc. ("Tidal Trade"), the company's third-party distributor in South Africa, for $4.6 million. The company recorded $1.4 million in customer relationships on the date of acquisition. Crocs repurchased inventory previously sold to Tidal Trade and accordingly recognized a reduction of revenue of approximately $2.1 million. Also in April the company acquired Tagger International B.V. ("Tagger"), a private limited liability company incorporated under Dutch law that manufactures messenger bags. Tagger was partially owned by the Managing Director of Crocs Europe B.V. The company acquired all Tagger assets for $2 million;– $90,000 for inventory and $1.9 million for the Tagger trademark. Later in June, Crocs liquidated Fury, Inc. two years after acquiring it, after efforts to sell it off were unsuccessful. As a result, Crocs wrote off $250,000 related to the remaining customer relationships, intangible assets, and trademarks over three months.

In February 2022, Crocs acquired the Italian shoe company HEYDUDE for $2.3 billion, as well as issuance of stock to one owner of HEYDUDE.

Since the beginning of Russia's full-scale invasion of Ukraine, the company's operations in Russia, including retail, e-commerce sales and imports into the country, have been suspended with a promise of support through donations to UNICEF.

Manufacture and patents

In June 2004, Crocs purchased Foam Creations and their manufacturing operations to secure exclusive rights to the proprietary foam resin called Croslite. Croslite is a closed-cell resin, described by third parties as an injection-moulded EVA foam. The foam forms itself to a wearer's feet and offers purported medical benefits, according to several podiatrists. Crocs holds a patent applied for under the title "breathable workshoes and methods for manufacturing such", and three design patents covering various ornamental aspects.

As of 2007, the company had applied to register "Crocs" and the Crocs logo as trademarks in over 40 jurisdictions around the world, including the U.S.; many such applications were pending approval. Crocs also extended the scope of their trademark registrations and applications for both the Crocs mark and logo to cover non-footwear products, such as sunglasses, goggles, knee pads, watches, luggage, and some of their Internet sales activities.

Products

Crocs are made in a variety of styles and colors. The Classic styles are available in more than 30 colors. A "Fuzz Collection" with woolly liners extends the brand's range to winter wear.

Crocs also sells other fashion accessories. Jibbitz are decorations that can be clipped to the ventilation holes in the shoes.

In 2008, the company entered the golf shoe marketplace by acquiring the golf shoe manufacturer Bite Footwear and introducing a Croc-styled pair of golf shoes, the Ace.

After the acquisition of HeyDude for $2.5 billion in 2022, the shoemaker expanded into shoes other than their patent clogs, and they also started manufacturing apparel.

Partnerships and collaborations

Crocs was the title sponsor of the Association of Volleyball Professionals (AVP) Tour from 2006 through the 2009 season.

Imitations and counterfeits

Crocs announced in 2006 that it filed complaints with the United States International Trade Commission (ITC) and the United States district court against 11 companies that manufacture, import, or distribute products, called "croc-offs", that Crocs believes infringe its patents. Seizures of counterfeit Crocs occurred in 2007 in the Philippines and Denmark, and were under litigation in South Africa. In 2010, the United States Court of Appeals for the Federal Circuit held that Crocs' design patent had been infringed.

In 2007, the U.S. Consumer Product Safety Commission requested a voluntary recall of Crocs-like "clogs" due to a potential choking hazard involving detaching plastic rivets.

Versions of the Croc style shoes have appeared in children's fashion catalogs, usually under their name brands or as no names. Other knock-offs can be found in discount stores, amusement park stores, beach stores, department stores, and superstores.

Health and safety

Some Crocs shoes were tested and recommended by the U.S. Ergonomics company in 2005 and were accepted by the American Podiatric Medical Association in 2009. In 2008, the U.S. government Centers for Medicare and Medicaid Services approved a model of Crocs with molded insoles as diabetic footwear, to help reduce foot injuries.

Footwear such as Crocs and flip-flops came under scrutiny in 2006 in the U.S. and in 2008 in Japan when children suffered injuries after the shoes became caught in escalator mechanisms. This was due to the soft shoe material combined with the smaller size of children's feet. In 2008, Japan's Ministry of International Trade and Industry, after receiving 65 complaints of injuries, requested that Crocs change its design.

Internationally, some healthcare facilities introduced policies in 2007 regulating Crocs. Rapid City Regional Hospital in South Dakota changed its dress code to prohibit the sandal variants and those with holes, citing safety concerns, but allowed closed-top "Professional" and the healthcare-focused "Rx" Crocs to be worn. Over 100 hospitals in Canada were advised to implement similar policies. Blekinge and Karolinska University hospitals in Sweden banned the wearing of "Forsberg slippers" (Foppatofflor) by staff, due to high voltage static electricity buildup which was observed to interfere with electronic equipment. City hospitals in Vienna, Austria, announced banning Crocs, often worn by nursing staff, to comply with antistatic requirements.

Crocs announced the Fuse and two others in 2009, formulated to dissipate static electricity by European standard EN ISO 20347:2004 (E), for use in the medical sector.

Cultural influence

Sales of Crocs increased dramatically starting in 2009, with The New York Times stating that first-quarterly sales roughly tripled from 2006 to 2007. A 2006 article in The Washington Post described the phenomenon: "Nor is the fashion world enamored of Crocs. Though their maker touts their 'ultra-hip Italian styling,' lots of folks find them hideous." In 2007, then-U.S. President George W. Bush publicly wore black Crocs with socks. Comedian Bill Maher stated during a 2007 episode of his show Real Time that people should "stop wearing plastic shoes". A 2007 episode of The Daily Show featured comedian Rob Corddry as a reporter satirically following up on that year's lewd conduct arrest of Senator Larry Craig, with Corddry stating that a person wearing Crocs is signaling that "anything goes".

The 2006 film Idiocracy heavily features footwear as the costume department had a limited budget and Crocs were an inexpensive option. During the 2004 production of the film the team thought that the inexpensive plastic shoes both looked like they could be the shoe of the future but also too stupid to catch on, making them perfect for the film.

In 2008, fashion consultant Tim Gunn told Time, "[The Croc] looks like a plastic hoof. How can you take that seriously?" A 2008 anti-Crocs essay in Newsweek by ice hockey player Steve Tuttle generated much response from readers who both agreed and disagreed with it. In 2009, then-First Lady Michelle Obama was spotted wearing Crocs with her daughter. Crocs were ranked the sixth worst thing to happen to men in 2007 by Maxim. In 2010, Time magazine listed Crocs as one of the world's "50 Worst Inventions". The blog "IHateCrocs.com" was founded by two Canadian college students; one of its founders, Kate Leth, referred to the shoes as "hideous". The website "CrocFans.com" documented the uses of the shoes. The Facebook group "I Don't Care How Comfortable Crocs Are, You Look Like a Dumbass" has been mentioned in the media.

In the mid-2010s, public perception of Crocs began to shift. In 2015, Prince George was photographed at a charity event wearing navy blue Crocs. After one week, this created a 1,500% increase of sales according to a spokesperson for Amazon.com. Fashion designer Christopher Kane had his models wear Crocs during his show at the 2016 London Fashion Week, and Balenciaga released a 10 cm Croc platform shoe in 2017. Crocs saw a massive surge in popularity in 2020, caused by the rise of casual fashion during the early stages of the COVID-19 pandemic and its worldwide lockdowns. By 2022, they were the best-selling item of clothing on Amazon. Industry experts believed that much of the trend was also driven by Gen Z's desire for "comfort and unconventional style". Celebrities such as Justin Bieber, Bad Bunny, Ariana Grande, Post Malone, Nicki Minaj, Questlove, and Kanye West all sported Crocs during the early 2020s, inspiring fans to embrace the shoes' "newfound coolness". There have also been limited edition themed Crocs created in collaboration with Bieber, KFC, Hidden Valley Ranch, and Pixar.

In August 2026, the creative consultant Emily Keegin wrote in The New York Times that "Blinged-Up Crocs" are one of the 25 objects that "reveal something special about" America.. Her rendering of the place of Crocs in America highlighted both their low original reputation, their re-evaluation, and their function-over-form design, noting that "in the right light, even ugly can be cute."

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

CROX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$128.84
Market Cap
$6.50B
P/E (TTM)
-86.3
EPS (TTM)
$-1.50
Revenue (TTM)
$4.04B
Div Yield
ROE
-6.0%
Debt/Equity
1.0
52W Range
$73 – $141

CROX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $4.04B
10-point trend, +289.9%
2016-12-31 2025-12-31
EPS $-1.50
10-point trend, -248.8%
2016-12-31 2025-12-31
Free Cash Flow $659M
10-point trend, +2385.6%
2016-12-31 2025-12-31
Margins -2.0%
10-point trend, +20.8%
2016-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
CROX
Peer Median
P/E (TTM)
5-point trend, -606.5%
-86.3
16.9
P/S (TTM)
5-point trend, -67.1%
1.6
1.2
P/B
5-point trend, -99.4%
5.0
3.5
EV / EBITDA
5-point trend, +109.8%
33.2
Price / FCF
5-point trend, -55.5%
9.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
CROX
Peer Median
Gross Margin
5-point trend, -5.0%
58.3%
44.8%
Operating Margin
5-point trend, -87.5%
3.7%
Net Profit Margin
5-point trend, -106.4%
-2.0%
4.8%
ROA
5-point trend, -103.3%
-1.8%
6.0%
ROE
5-point trend, -101.5%
-6.0%
16.4%
ROIC
5-point trend, -106.9%
-6.6%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
CROX
Peer Median
Debt / Equity
5-point trend, -98.3%
1.0
Current Ratio
5-point trend, -26.3%
1.3
2.1
Quick Ratio
5-point trend, -42.8%
0.6

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
CROX
Peer Median
Revenue YoY
5-point trend, +74.7%
-1.5%
Revenue CAGR 3Y
5-point trend, +74.7%
4.4%
Revenue CAGR 5Y
5-point trend, +74.7%
23.9%
EPS YoY
5-point trend, -113.2%
24.2%
Net Income YoY
5-point trend, -111.2%
19.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
CROX
Peer Median
EPS (Diluted)
5-point trend, -113.2%
$-1.50

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
CROX
Peer Median

CROX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 23 analysts
  • Strong Buy 6 26.1%
  • Buy 8 34.8%
  • Hold 8 34.8%
  • Sell 1 4.3%
  • Strong Sell 0 0.0%

12-Month Price Target

12 analysts · 2026-08-16
Median target $150.00 +16.4%
Mean target $138.25 +7.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.29%
Period EPS Actual EPS Est Surprise
June 30, 2026 $4.55 $4.43 0.12%
March 31, 2026 $2.99 $2.83 0.16%
Dec. 31, 2025 $2.29 $1.94 0.35%
Sept. 30, 2025 $2.92 $2.41 0.51%
June 30, 2025 $4.23 $4.09 0.14%
March 31, 2025 $3.00 $2.53 0.47%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CROX $4.29B -57.0 -1.5% -2.0% -6.0% 58.3%
NKE 22.0 0.19% 6.7% 21.5% 42.9%
DECK $14.01B 14.3 9.8% 18.7% 41.2% 57.7%
SHOO $3.03B 66.1 11.0% 1.9% 5.7% 41.4%
WWW 16.0 6.8% 5.1% 26.6% 47.3%
RCKY $220M 9.9 6.2% 4.6% 9.1% 40.9%
BIRD -0.4 -19.7% -50.7% -144.1% 41.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +237.2% $4.04B $4.10B $3.96B $3.55B $2.31B $1.39B $1.23B $1.09B $1.02B $1.04B $1.09B $1.20B
Cost of Revenue 12-point trend, +178.8% $1.68B $1.69B $1.75B $1.69B $893M $636M $614M $528M $506M $536M $580M $604M
Gross Profit 12-point trend, +299.3% $2.36B $2.41B $2.21B $1.86B $1.42B $750M $617M $560M $517M $500M $511M $590M
R&D Expense 12-point trend, +77.2% $30M $26M $21M $19M $14M $10M $12M $14M $13M $12M $14M $17M
SG&A Expense 12-point trend, +159.7% $1.47B $1.36B $1.16B $1.01B $737M $515M $488M $495M $495M $503M $568M $566M
Operating Income 12-point trend, +3263.7% $150M $1.02B $1.04B $851M $683M $214M $129M $63M $17M $-6M $-72M $-5M
Interest Expense 10-point trend, +19918.7% · · $161M $136M $22M $7M $9M $955.0K $869.0K $836.0K $969.0K $806.0K
Other Non-op 12-point trend, -69.1% $63.0K $1M $-326.0K $-338.0K $2M $510.0K $31.0K $569.0K $280.0K $2M $914.0K $204.0K
Pretax Income 12-point trend, +953.6% $73M $911M $876M $719M $664M $207M $119M $65M $18M $-7M $-75M $-9M
Income Tax 12-point trend, +4355.5% $154M $-39M $84M $178M $-62M $-106M $-175.0K $15M $8M $9M $8M $-4M
Net Income 12-point trend, -1548.4% $-81M $950M $793M $540M $726M $313M $119M $50M $10M $-16M $-83M $-5M
EPS (Basic) 12-point trend, -581.8% $-1.50 $16.00 $12.91 $8.82 $11.62 $4.64 $1.70 $-1.01 $-0.07 $-0.43 $-1.30 $-0.22
EPS (Diluted) 12-point trend, -581.8% $-1.50 $15.88 $12.79 $8.71 $11.39 $4.56 $1.66 $-1.01 $-0.07 $-0.43 $-1.30 $-0.22
Shares (Basic) 9-point trend, -25.0% 54,208,000 59,381,000 61,386,000 61,220,000 62,464,000 67,386,000 70,357,000 68,421,000 72,255,000 · · ·
Shares (Diluted) 12-point trend, -36.3% 54,208,000 59,832,000 61,952,000 62,006,000 63,718,000 68,544,000 71,771,000 68,421,000 72,255,000 73,371,000 75,604,000 85,140,000
EBITDA 12-point trend, +600.0% $229M $1.09B $1.09B $890M $715M $242M $153M $92M $50M $28M $-36M $33M
Balance Sheet 27
Annual Balance Sheet data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -51.3% $130M $180M $149M $192M $213M $136M $108M $123M $172M $148M $143M $268M
Receivables 12-point trend, +174.8% $278M $258M $306M $296M $183M $150M $108M $98M $84M $78M $84M $101M
Inventory 12-point trend, +115.6% $369M $356M $385M $472M $214M $175M $172M $124M $130M $147M $168M $171M
Prepaid Expense 12-point trend, +78.4% $54M $52M $45M $34M $23M $18M $25M $22M $23M $32M $24M $30M
Current Assets 12-point trend, +48.8% $886M $872M $911M $1.03B $667M $493M $425M $380M $425M $425M $446M $595M
PP&E (Net) 12-point trend, +248.8% $238M $244M $238M $182M $108M $57M $47M $22M $35M $44M $49M $68M
PP&E (Gross) 12-point trend, +166.6% $448M $398M $359M $279M $192M $144M $127M $103M $127M $133M $147M $168M
Accum. Depreciation 12-point trend, +110.3% $210M $153M $121M $97M $84M $86M $80M $81M $92M $89M $98M $100M
Goodwill 12-point trend, +19698.9% $405M $711M $712M $715M $2M $2M $2M $2M $2M $1M $2M $2M
Intangibles 12-point trend, +1260.9% $1.32B $1.78B $1.79B $1.80B $29M $38M $47M $46M $56M $73M $82M $97M
Other Non-current Assets 12-point trend, +69.5% $44M $24M $31M $8M $8M $9M $8M $8M $13M $13M $18M $26M
Total Assets 12-point trend, +417.4% $4.17B $4.81B $4.64B $4.50B $1.55B $1.12B $739M $469M $544M $566M $608M $807M
Accounts Payable 12-point trend, +519.9% $266M $265M $261M $231M $162M $113M $96M $77M $66M $62M $63M $43M
Accrued Liabilities 12-point trend, +275.2% $301M $298M $286M $239M $167M $127M $109M $102M $84M $78M $93M $80M
Current Liabilities 12-point trend, +355.0% $700M $740M $698M $641M $388M $292M $257M $184M $157M $149M $167M $154M
Capital Leases 7-point trend, +112.1% $297M $283M $270M $215M $149M $146M $140M · · · · ·
Deferred Tax 5-point trend, +401.1% $882.0K $4M $13M $302M $176.0K · · · · · · ·
Other Non-current Liabilities 12-point trend, -72.9% $3M $4M $3M $3M $2M $4M $4.0K $9M $12M $14M $13M $12M
Total Liabilities 12-point trend, +1485.5% $2.88B $2.98B $3.19B $3.68B $1.53B $828M $607M $319M $175M $167M $186M $182M
Long-term Debt 10-point trend, +10448.3% $1.23B $1.35B $1.66B $2.32B $771M $180M $205M $120M $662.0K · · $12M
Total Debt 9-point trend, +23124.2% $1.23B $1.35B $1.66B $2.32B $771M $180M $205M $120M · · · $5M
Retained Earnings 12-point trend, +969.4% $3.48B $3.56B $2.61B $1.82B $1.28B $553M $240M $121M $190M $196M $227M $325M
Treasury Stock 12-point trend, +1417.0% $3.04B $2.45B $1.89B $1.70B $1.68B $689M $546M $397M $334M $284M $284M $200M
AOCI 12-point trend, -137.9% $-44M $-133M $-96M $-103M $-77M $-56M $-58M $-55M $-43M $-56M $-51M $-18M
Stockholders' Equity 12-point trend, +185.8% $1.29B $1.84B $1.45B $818M $14M $291M $132M $150M $186M $220M $246M $453M
Liabilities + Equity 12-point trend, +417.4% $4.17B $4.81B $4.64B $4.50B $1.55B $1.12B $739M $469M $544M $566M $608M $807M
Shares Outstanding 12-point trend, -36.1% 50,200,000 56,475,000 60,495,000 61,749,000 58,330,000 65,856,000 68,232,000 73,300,000 68,800,000 73,600,000 72,900,000 78,516,566
Cash Flow 17
Annual Cash Flow data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +111.9% $79M $70M $54M $39M $32M $28M $24M $29M $33M $34M $36M $37M
Stock-based Comp 12-point trend, +193.5% $37M $33M $29M $31M $38M $16M $14M $13M $10M $11M $11M $13M
Deferred Tax 12-point trend, +5580.7% $47M $-254M $-410M $-5M $-241M $-325M $-16M $959.0K $-3M $-388.0K $289.0K $829.0K
Amort. of Intangibles 12-point trend, +66.0% $24M $23M $23M $20M $17M $16M $15M $17M $18M $19M $20M $14M
Restructuring 2-point trend, -64.4% · · · · · · · · · · $9M $25M
Other Non-cash 12-point trend, +1193.7% $629M $194M $465M $-3M $13M $235M $-52M $20M $48M $12M $45M $-57M
Operating Cash Flow 12-point trend, +6197.6% $710M $992M $930M $603M $567M $267M $90M $114M $98M $40M $10M $-12M
CapEx 12-point trend, +220.4% $51M $69M $116M $104M $56M $42M $37M $12M $13M $22M $18M $16M
Investing Cash Flow 11-point trend, -175.0% $-51M $-69M $-116M $-2.15B $-56M $-42M $-36M $-10M $-12M $-20M $-19M ·
Stock Issued 3-point trend, -68.7% · · · · · · · · · $420.0K $2M $1M
Stock Repurchased 12-point trend, +299.2% $582M $552M $175M $0 $1.00B $171M $147M $63M $50M $0 $86M $146M
Net Stock Activity 12-point trend, -302.9% $-582M $-552M $-175M $0 $-1.00B $-171M $-147M $-63M $-50M $420.0K $-84M $-145M
Financing Cash Flow 11-point trend, -605.7% $-715M $-886M $-860M $1.53B $-430M $-198M $-69M $-149M $-65M $-16M $-101M ·
Net Change in Cash 12-point trend, -0.3% $-50M $31M $-42M $-22M $78M $27M $-15M $-50M $24M $3M $-124M $-50M
Taxes Paid 3-point trend, +4.8% $185M $123M $177M · · · · · · · · ·
Free Cash Flow 12-point trend, +2484.8% $659M $923M $815M $499M $511M $225M $53M $102M $85M $27M $-3M $-28M
Levered FCF 10-point trend, +2479.8% · · $669M $397M $488M $215M $45M $101M $85M $25M $-4M $-28M
Profitability 8
Annual Profitability data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 12-point trend, +18.4% 58.3% 58.8% 55.8% 52.3% 61.4% 54.1% 50.1% 51.5% 50.5% 48.3% 46.8% 49.3%
Operating Margin 12-point trend, +1048.7% 3.7% 24.9% 26.2% 23.9% 29.5% 15.4% 10.4% 5.8% 1.7% -0.59% -6.6% -0.39%
Net Margin 12-point trend, -390.2% -2.0% 23.2% 20.0% 15.2% 31.4% 22.6% 9.7% 4.6% 1.0% -1.6% -7.6% -0.41%
Pretax Margin 12-point trend, +354.9% 1.8% 22.2% 22.1% 20.2% 28.7% 14.9% 9.7% 6.0% 1.8% -0.70% -6.9% -0.71%
EBITDA Margin 12-point trend, +107.3% 5.7% 26.6% 27.5% 25.0% 30.9% 17.4% 12.4% 8.5% 4.9% 2.7% -3.3% 2.7%
ROA 12-point trend, -206.8% -1.8% 20.1% 17.3% 17.9% 54.5% 33.7% 19.8% 10.0% 1.8% -2.8% -11.8% -0.59%
ROE 12-point trend, -557.1% -6.0% 53.4% 59.7% 74.6% 395.6% 120.6% 95.8% 29.0% 5.0% -7.1% -23.8% -0.91%
ROIC 12-point trend, -1016.9% -6.6% 33.5% 30.1% 20.4% 95.1% 68.8% 38.2% 18.0% 5.2% -6.4% -32.7% -0.59%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -67.3% 1.3 1.2 1.3 1.6 1.7 1.7 1.7 2.1 2.7 2.9 2.7 3.9
Quick Ratio 12-point trend, -75.6% 0.6 0.6 0.7 0.8 1.0 1.0 0.8 1.2 1.6 1.5 1.4 2.4
Debt / Equity 9-point trend, +8035.0% 1.0 0.7 1.1 2.8 54.8 0.6 1.6 0.8 · · · 0.0
LT Debt / Equity 8-point trend, +19.2% 1.0 0.7 1.1 2.8 54.8 0.6 1.6 0.8 · · · ·
Interest Coverage 10-point trend, +209.6% · · 6.4 6.2 31.6 31.8 14.9 65.9 19.9 -7.4 -74.6 -5.9
Efficiency 3
Annual Efficiency data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -36.9% 0.9 0.9 0.9 1.2 1.7 1.5 2.0 2.1 1.8 1.8 1.5 1.4
Inventory Turnover 12-point trend, +28.2% 4.6 4.6 4.1 4.9 4.6 3.7 4.1 4.1 3.7 3.4 3.4 3.6
Receivables Turnover 12-point trend, +29.4% 15.1 14.6 13.2 14.9 13.9 10.7 12.0 11.9 12.7 12.8 11.8 11.7
Per Share 5
Annual Per Share data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +347.0% $25.76 $32.49 $24.03 $13.26 $0.24 $4.41 $1.93 $2.05 $2.70 $2.99 $3.38 $5.76
Revenue / Share 11-point trend, -99.5% $74.54 $68.56 $63.96 $57.33 $36.31 $20.22 $17.15 $15.90 $14.17 · $14.43 $14073.56
Cash Flow / Share 11-point trend, +109.6% $13.11 $16.59 $15.02 $9.73 $8.90 $3.89 $1.25 $1.67 $1.36 · $0.13 $-136.85
Cash / Share 12-point trend, -23.8% $2.60 $3.19 $2.47 $3.11 $3.66 $2.06 $1.59 $1.68 $2.50 $2.00 $1.97 $3.41
EPS (TTM) 12-point trend, -581.8% $-1.50 $15.88 $12.79 $8.71 $11.39 $4.56 $1.66 $-1.01 $-0.07 $-0.43 $-1.30 $-0.22
Growth Rates 7
Annual Growth Rates data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -102.2% -1.5% 3.5% 11.5% 53.7% 66.9% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -89.6% 4.4% 21.0% 41.9% · · · · · · · · ·
Revenue CAGR 5Y 23.9% · · · · · · · · · · ·
EPS YoY 4-point trend, -83.9% · 24.2% 46.8% -23.5% 149.8% · · · · · · ·
EPS CAGR 3Y 2-point trend, -71.5% · 11.7% 41.0% · · · · · · · · ·
Net Income YoY 4-point trend, -84.9% · 19.9% 46.7% -25.6% 131.9% · · · · · · ·
Net Income CAGR 3Y 2-point trend, -74.1% · 9.4% 36.3% · · · · · · · · ·
Valuation (TTM) 14
Annual Valuation (TTM) data for CROX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +237.2% $4.04B $4.10B $3.96B $3.55B $2.31B $1.39B $1.23B $1.09B $1.02B $1.04B $1.09B $1.20B
Net Income TTM 12-point trend, -1548.4% $-81M $950M $793M $540M $726M $313M $119M $50M $10M $-16M $-83M $-5M
Market Cap 12-point trend, +337.8% $4.29B $6.19B $5.65B $6.69B $7.48B $4.13B $2.86B $1.90B $870M $505M $746M $981M
Enterprise Value 9-point trend, +650.7% $5.39B $7.36B $7.17B $8.82B $8.03B $4.17B $2.95B $1.90B · · · $718M
P/E 12-point trend, -0.4% -57.0 6.9 7.3 12.4 11.3 13.7 25.2 -25.7 -180.6 -16.0 -7.9 -56.8
P/S 12-point trend, +29.8% 1.1 1.5 1.4 1.9 3.2 3.0 2.3 1.8 0.8 0.5 0.7 0.8
P/B 12-point trend, +53.2% 3.3 3.4 3.9 8.2 530.8 14.2 21.7 12.7 4.7 2.3 3.0 2.2
P / Tangible Book · · · · · 16.4 · · · · · ·
P / Cash Flow 12-point trend, +107.2% 6.0 6.2 6.1 11.1 13.2 15.5 31.8 16.7 8.8 12.7 76.9 -84.2
P / FCF 12-point trend, +118.4% 6.5 6.7 6.9 13.4 14.6 18.4 53.5 18.6 10.2 19.0 -238.5 -35.5
EV / EBITDA 9-point trend, +7.3% 23.6 6.7 6.6 9.9 11.2 17.3 19.3 20.6 · · · 22.0
EV / FCF 9-point trend, +131.5% 8.2 8.0 8.8 17.7 15.7 18.6 55.3 18.6 · · · -26.0
EV / Revenue 9-point trend, +122.6% 1.3 1.8 1.8 2.5 3.5 3.0 2.4 1.7 · · · 0.6
Earnings Yield 12-point trend, +0.6% -1.8% 14.5% 13.7% 8.0% 8.9% 7.3% 4.0% -3.9% -0.55% -6.3% -12.7% -1.8%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $4.04B$4.10B$3.96B$3.55B$2.31B
Gross Margin % 58.3%58.8%55.8%52.3%61.4%
Operating Margin % 3.7%24.9%26.2%23.9%29.5%
Net Income $-81M$950M$793M$540M$726M
Diluted EPS $-1.50$15.88$12.79$8.71$11.39
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 1.00.71.12.854.8
Current Ratio 1.31.21.31.61.7
Quick Ratio 0.60.60.70.81.0
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $659M$923M$815M$499M$511M

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Institutional owners (13F) 575 filers · $4.3B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
121 (+33 vs prior Q) 56 (-11 vs prior Q) 135 (-23 vs prior Q) 195 (+31 vs prior Q) -152K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FMR LLC $296,117,515 2,454,555 6.96% Shares
VANGUARD CAPITAL MANAGEMENT LLC $261,195,492 2,165,082 6.14% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $252,629,449 2,094,077 5.94% Shares
STATE STREET CORP $191,731,101 1,589,283 4.51% Shares
AMERICAN CENTURY COMPANIES INC $177,787,047 1,473,699 4.18% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $156,539,777 1,297,578 3.68% Shares
DIMENSIONAL FUND ADVISORS LP $127,468,465 1,056,602 3.00% Shares
CITADEL ADVISORS LLC $119,859,942 993,534 2.82% Shares
Point72 Asset Management, L.P. $107,675,664 892,537 2.53% Shares
Himalaya Capital Management LLC $107,018,900 887,093 2.52% Shares
WIT Partners Advisory Pte. Ltd. $105,560,000 875,000 2.48% Shares
No Street GP LP $98,924,800 820,000 2.33% Shares
GEODE CAPITAL MANAGEMENT, LLC $96,883,465 802,846 2.28% Shares
Patient Capital Management, LLC $96,442,926 799,426 2.27% Shares
NORGES BANK $94,421,550 782,672 2.22% Shares
D. E. Shaw & Co., Inc. $89,622,732 742,894 2.11% Shares
Punch Card Management L.P. $69,629,789 577,170 1.64% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $65,455,162 542,566 1.54% Shares
PRINCIPAL FINANCIAL GROUP INC $62,997,001 522,190 1.48% Shares
Evercore Wealth Management, LLC $62,918,706 521,541 1.48% Shares
Smead Capital Management, Inc. $59,022,491 489,245 1.39% Shares
JANE STREET GROUP, LLC $49,112,544 407,100 1.15% Call option
GOLDMAN SACHS GROUP INC $48,683,186 403,541 1.14% Shares
JANE STREET GROUP, LLC $39,847,392 330,300 0.94% Put option
VANGUARD FIDUCIARY TRUST CO $37,624,600 311,875 0.88% Shares
BNP PARIBAS FINANCIAL MARKETS $37,246,997 308,745 0.88% Shares
Tyro Capital Management LLC $34,141,843 283,006 0.80% Shares
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. $29,895,919 247,811 0.70% Shares
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ $28,223,728 233,950 0.66% Shares
AQR CAPITAL MANAGEMENT LLC $27,689,321 229,730 0.65% Shares
VANGUARD GROUP INC $26,832,841 313,761 0.63% Shares
Incision Capital Management LP $25,334,400 210,000 0.60% Shares
CITADEL ADVISORS LLC $23,404,160 194,000 0.55% Put option
Gotham Asset Management, LLC $22,972,148 190,419 0.54% Shares
JANE STREET GROUP, LLC $22,689,247 188,074 0.53% Shares
BARCLAYS PLC $20,690,243 171,504 0.49% Shares
Baird Financial Group, Inc. $20,067,861 166,345 0.47% Shares
Retirement Systems of Alabama $19,646,103 162,849 0.46% Shares
CITADEL ADVISORS LLC $19,567,808 162,200 0.46% Call option
Bridgewater Associates, LP $19,497,475 161,617 0.46% Shares
Erste Asset Management GmbH $19,426,150 155,000 0.46% Shares
RWWM, INC. $19,340,522 160,316 0.45% Shares
TRAN CAPITAL MANAGEMENT, L.P. $19,167,887 158,885 0.45% Shares
AEGON ASSET MANAGEMENT UK Plc $18,923,349 156,858 0.44% Shares
AMERIPRISE FINANCIAL INC $18,511,002 153,440 0.44% Shares
WS MANAGEMENT LLLP $18,096,000 150,000 0.43% Shares
WOLVERINE TRADING, LLC $16,743,624 199,900 0.39% Put option
FRANKLIN RESOURCES INC $16,149,112 133,862 0.38% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $16,000,242 132,628 0.38% Shares
BlackRock, Inc. $15,728,440 130,375 0.37% Shares
RHUMBLINE ADVISERS $15,436,810 127,958 0.36% Shares
ARMISTICE CAPITAL, LLC $13,413,479 111,186 0.32% Shares
DME Capital Management, LP $13,263,162 109,940 0.31% Shares
Mizuho Markets Cayman LP $12,388,763 102,692 0.29% Shares
California Public Employees Retirement System $12,362,584 102,475 0.29% Shares
BARCLAYS PLC $12,064,000 100,000 0.28% Call option
LOOMIS SAYLES & CO L P $11,923,213 98,833 0.28% Shares
HighTower Advisors, LLC $11,687,844 96,882 0.27% Shares
Allianz Asset Management GmbH $11,623,061 96,345 0.27% Shares
Swiss National Bank $11,545,248 95,700 0.27% Shares
Divisadero Street Capital Management, LP $11,022,997 91,371 0.26% Shares
WOLVERINE TRADING, LLC $10,997,688 131,300 0.26% Call option
CASTLEARK MANAGEMENT LLC $10,352,118 85,810 0.24% Shares
7G CAPITAL MANAGEMENT, LLC $9,470,240 78,500 0.22% Shares
Pillsbury Lake Capital LLC $9,115,800 75,562 0.21% Shares
Crossmark Global Holdings, Inc. $9,012,532 74,706 0.21% Shares
MILLENNIUM MANAGEMENT LLC $8,920,845 73,946 0.21% Shares
Clearstead Advisors, LLC $8,889,236 73,684 0.21% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $8,774,872 72,736 0.21% Shares
CANADA PENSION PLAN INVESTMENT BOARD $8,070,816 66,900 0.19% Shares
BANK OF AMERICA CORP /DE/ $7,881,532 65,331 0.19% Shares
RBA Wealth Management, LLC $7,839,067 64,979 0.18% Shares
PEAK6 LLC $7,660,640 63,500 0.18% Call option
TLW Wealth Management, LLC $7,454,346 61,790 0.18% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $7,323,211 60,703 0.17% Shares
Alphadyne Asset Management LP $7,178,080 59,500 0.17% Call option
JB Capital LLC $7,174,702 59,472 0.17% Shares
STATE OF WISCONSIN INVESTMENT BOARD $7,124,154 59,053 0.17% Shares
TWO SIGMA INVESTMENTS, LP $7,101,715 58,867 0.17% Shares
Walleye Trading LLC $7,093,632 58,800 0.17% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $6,937,524 57,506 0.16% Shares
KIRR MARBACH & CO LLC /IN/ $6,927,029 57,419 0.16% Shares
Alphadyne Asset Management LP $6,840,288 56,700 0.16% Put option
Squarepoint Ops LLC $6,405,984 53,100 0.15% Call option
Lisanti Capital Growth, LLC $6,374,618 52,840 0.15% Shares
RBF Capital, LLC $6,032,000 50,000 0.14% Shares
Shellback Capital, LP $6,032,000 50,000 0.14% Shares
Trexquant Investment LP $5,924,872 49,112 0.14% Shares
Walleye Trading LLC $5,826,912 48,300 0.14% Call option
Focus Partners Wealth $5,669,598 46,996 0.13% Shares
WELLINGTON MANAGEMENT GROUP LLP $5,652,467 46,854 0.13% Shares
KING LUTHER CAPITAL MANAGEMENT CORP $5,610,966 46,510 0.13% Shares
VANGUARD ASSET MANAGEMENT, Ltd $5,507,216 45,650 0.13% Shares
PRELUDE CAPITAL MANAGEMENT, LLC $5,493,704 45,538 0.13% Shares
CAPTRUST FINANCIAL ADVISORS $5,465,106 45,301 0.13% Shares
Quinn Opportunity Partners LLC $5,250,253 43,520 0.12% Shares
VICTORY CAPITAL MANAGEMENT INC $5,108,260 42,343 0.12% Shares
Verition Fund Management LLC $5,066,880 42,000 0.12% Shares
ENVESTNET ASSET MANAGEMENT INC $5,025,158 41,654 0.12% Shares
ALLIANCEBERNSTEIN L.P. $4,999,132 60,216 0.12% Shares

Company insiders 46 insiders · 12 officers · 23 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John P Mccarvel Chief Executive Officer Jan. 31, 2014 G 260,367 0 0 $0
John H Duerden President/CEO Feb. 24, 2010 F 368,920 0 0 $0
Ronald R Snyder CEO and President Feb. 5, 2009 M 1,267,333 0 0 $0
Jeff Lasher Chief Financial Officer July 31, 2015 S 151,884 0 0 $0
Russell Hammer SVP/Chief Financial Officer Dec. 20, 2010 M 86,890 0 0 $0
Peter S Case Sr. VP-Finance; CFO; Treasurer Jan. 4, 2008 A 0 0 0 $0
Caryn D Ellison CFO, Treasurer Feb. 13, 2006 S 100,458 0 0 $0
Scott Crutchfield Chief Operating Officer March 1, 2015 A 198,275 0 0 $0
Carrie W. Teffner EVP March 17, 2019 F 375,418 0 0 $0
Erik Rebich V.P. General Counsel and Sec. Dec. 31, 2009 F 194,674 0 0 $0
Michael C Margolis VP - Sales & Marketing Jan. 4, 2008 A 56,058 0 0 $0
Lyndon Victor Hanson III VP - Customer Relations Feb. 13, 2006 S 817,669 0 0 $0
Neeraj Tolmare Director June 9, 2026 A 7,761 0 0 $0
Charisse Ford Hughes Director June 9, 2026 A 16,703 0 0 $0
Ian Bickley Director June 9, 2026 A 31,609 0 0 $0
John B Replogle Director June 9, 2026 A 19,669 0 0 $0
Beth J Kaplan Director June 9, 2026 A 14,374 0 0 $0
Douglas J Treff Director June 9, 2026 A 86,887 0 0 $0
Thomas J Smach Director June 9, 2026 A 90,249 0 2 $-988,350
Ronald Frasch Director June 9, 2026 A 76,180 0 0 $0
William Gray Director June 5, 2019 A 10,530 0 0 $0
Gregg Ribatt Director March 8, 2018 F 289,920 0 0 $0
Peter A Jacobi Director June 8, 2015 A 7,831 0 0 $0
Raymond D Croghan Director June 10, 2014 A 69,851 0 0 $0
Prakash Melwani Director Jan. 27, 2014 A 0 0 0 $0
Jeffrey H Margolis Director June 13, 2013 A 6,039 0 0 $0
Richard L Sharp Director June 29, 2011 A 7,797 0 0 $0
Michael E Marks Director Aug. 15, 2008 S 500,000 0 0 $0
Marie Holman-Rao Director June 26, 2008 A 11,494 0 0 $0
Bradley Leonard Stoffer Director Sept. 13, 2006 S 116,413 0 0 $0
Mark Retzloff Director Sept. 13, 2006 S 351,905 0 0 $0
George B Boedecker JR Director Feb. 13, 2006 S 15,887 0 0 $0
Andrew Rees Aug. 10, 2026 S 713,293 0 7 $-4,961,813
Susan L. Healy Aug. 12, 2025 P 50,078 0 0 $0
Terence Reilly April 29, 2025 F 73,408 0 0 $0
Thomas Britt March 12, 2025 F 32,456 0 0 $0
Adam Michaels March 12, 2025 F 85,109 0 0 $0
Shannon Sisler March 12, 2025 F 43,151 0 0 $0
Anne Mehlman March 12, 2025 F 164,597 0 0 $0
Richard Blackshaw March 12, 2024 A 41,126 0 0 $0
Michelle Poole March 12, 2024 S 52,966 0 0 $0
Hart Daniel P March 3, 2024 F 216,140 0 0 $0
Tracy Gardner June 20, 2023 A 5,342 0 0 $0
Elain L Boltz Aug. 17, 2022 F 95,302 0 0 $0
Doreen A Wright June 14, 2021 S 56,641 0 0 $0
Stephen W Cannon June 13, 2013 A 6,039 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 1 position

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
BLACKSTONE CAPITAL PARTNERS VI L.P., BLACKSTONE FAMILY INVESTMENT PARTNERSHIP VI-ESC L.P., BLACKSTONE MANAGEMENT ASSOCIATES VI L.L.C., BMA VI L.L.C., BCP VI SIDE-BY-SIDE GP L.L.C., BLACKSTONE HOLDINGS III L.P., BLACKSTONE HOLDINGS III GP L.P., BLACKSTONE HOLDINGS III GP MANAGEMENT L.L.C., THE BLACKSTONE GROUP INC. (f/k/a The Blackstone Group L.P.), BLACKSTONE GROUP MANAGEMENT L.L.C., STEPHEN A. SCHWARZMAN ×3 filings Nov. 4, 2019 Initial filing Capital structure SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 103 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ZIG · ETF Series Solutions 4.27% 13,717 NS April 30, 2026 N-PORT
RNIN · EA Series Trust 1.48% 22,220 NS April 30, 2026 N-PORT
CALF · Pacer Funds Trust 0.98% 330,241 NS April 30, 2026 N-PORT
MCOW · Pacer Funds Trust 0.95% 92 NS April 30, 2026 N-PORT
FLOW · Global X Funds 0.86% 2,086 NS May 31, 2026 N-PORT
FFSM · FIDELITY COVINGTON TRUST 0.80% 100,970 NS April 30, 2026 N-PORT
ABCS · EA Series Trust 0.67% 643 NS May 29, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.58% 7,846 NS May 31, 2026 N-PORT
COPY · RBB Fund Trust 0.54% 15,596 NS May 31, 2026 N-PORT
HWSM · HOTCHKIS & WILEY FUNDS /DE/ 0.52% 118 NS June 30, 2026 N-PORT
GMOV · GMO ETF Trust 0.42% 3,224 NS May 31, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.40% 923,813 NS May 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.36% 45,432 NS April 30, 2026 N-PORT
TMFX · RBB Fund, Inc. 0.30% 802 NS May 31, 2026 N-PORT
AFSM · First Trust Exchange-Traded Fund VI… 0.27% 2,278 NS May 31, 2026 N-PORT
MIDE · DBX ETF Trust 0.24% 67 NS May 29, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.23% 1,847 NS April 30, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.19% 8,172 NS April 30, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.18% 42,226 NS May 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.16% 37,623 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.15% 204,516 NS April 30, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III 0.15% 33,472 NS April 30, 2026 N-PORT
PTMC · Pacer Funds Trust 0.15% 5,679 NS April 30, 2026 N-PORT
VALQ · AMERICAN CENTURY ETF TRUST 0.14% 4,168 NS May 31, 2026 N-PORT
MVV · ProShares Trust 0.13% 1,736 NS May 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 92,018 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.13% 240,959 NS May 31, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.12% 8,694 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.12% 161,188 NS April 30, 2026 N-PORT
FDIS · FIDELITY COVINGTON TRUST 0.11% 19,725 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.11% 136,063 NS May 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.10% 20,300 NS April 30, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.10% 833 NS April 30, 2026 N-PORT
AVUQ · AMERICAN CENTURY ETF TRUST 0.10% 2,173 NS May 31, 2026 N-PORT
QGRO · AMERICAN CENTURY ETF TRUST 0.10% 18,191 NS May 31, 2026 N-PORT
SMDX · Tidal Trust III 0.10% 1,194 NS April 30, 2026 N-PORT
UMDD · ProShares Trust 0.09% 242 NS May 31, 2026 N-PORT
AVLV · AMERICAN CENTURY ETF TRUST 0.09% 97,034 NS May 31, 2026 N-PORT
REVS · Columbia ETF Trust I 0.07% 1,836 NS April 30, 2026 N-PORT
RECS · Columbia ETF Trust I 0.06% 33,099 NS April 30, 2026 N-PORT
SFGV · EA Series Trust 0.06% 5,625 NS May 29, 2026 N-PORT
QARP · DBX ETF Trust 0.06% 368 NS May 29, 2026 N-PORT
TILT · FlexShares Trust 0.05% 10,780 NS April 30, 2026 N-PORT
AVUS · AMERICAN CENTURY ETF TRUST 0.04% 45,663 NS May 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.04% 1,383 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.03% 2,075 NS May 31, 2026 N-PORT
AVSU · AMERICAN CENTURY ETF TRUST 0.03% 1,273 NS May 31, 2026 N-PORT
FNDX · SCHWAB STRATEGIC TRUST 0.03% 55,705 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.02% 2,676 NS May 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.02% 97,859 NS April 30, 2026 N-PORT