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Cricut (CRCT) Financials

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$5.95 -0.16 (-2.62%)
Closing price 05/23/2025 04:00 PM Eastern
Extended Trading
$5.94 0.00 (-0.08%)
As of 05/23/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Cricut

Annual Income Statements for Cricut

This table shows Cricut's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders
63 54 61 140 155 39
Consolidated Net Income / (Loss)
63 54 61 140 155 39
Net Income / (Loss) Continuing Operations
63 54 61 140 155 39
Total Pre-Tax Income
89 80 82 192 199 50
Total Operating Income
76 70 80 192 201 54
Total Gross Profit
353 343 350 457 332 142
Total Revenue
713 765 886 1,306 959 487
Operating Revenue
713 765 886 1,306 959 487
Total Cost of Revenue
360 422 536 849 627 344
Operating Cost of Revenue
360 422 536 849 627 344
Total Operating Expenses
277 273 270 265 132 89
Selling, General & Admin Expense
73 85 63 51 30 22
Marketing Expense
143 123 130 134 63 40
Research & Development Expense
60 65 77 80 39 27
Total Other Income / (Expense), net
13 9.80 2.03 -0.25 -1.32 -3.29
Interest Expense
0.33 0.32 0.29 0.30 - -
Interest & Investment Income
11 7.98 1.81 - - -
Other Income / (Expense), net
2.08 2.15 0.51 0.05 -1.32 -3.29
Income Tax Expense
26 26 21 52 45 11
Basic Earnings per Share
$0.29 $0.25 $0.28 $0.67 $0.74 $0.19
Weighted Average Basic Shares Outstanding
215.11M 216.89M 214.46M 208.83M 208.12M 208.12M
Diluted Earnings per Share
$0.29 $0.24 $0.28 $0.64 $0.74 $0.19
Weighted Average Diluted Shares Outstanding
215.65M 219.72M 220.59M 219.78M 208.12M 208.12M
Weighted Average Basic & Diluted Shares Outstanding
212.54M 216.80M 219.42M 221.94M - -

Quarterly Income Statements for Cricut

This table shows Cricut's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
12 11 20 20 11 17 16 9.10 11 12
Consolidated Net Income / (Loss)
12 11 20 20 11 17 16 9.10 11 12
Net Income / (Loss) Continuing Operations
12 11 20 20 11 17 16 9.10 11 12
Total Pre-Tax Income
17 14 30 28 18 26 23 13 13 18
Total Operating Income
14 11 26 25 17 24 19 11 11 17
Total Gross Profit
94 77 90 92 97 82 88 77 84 82
Total Revenue
209 168 168 167 231 175 178 181 281 177
Operating Revenue
209 168 168 167 231 175 178 181 281 177
Total Cost of Revenue
115 91 78 76 134 93 90 105 197 95
Operating Cost of Revenue
115 91 78 76 134 93 90 105 197 95
Total Operating Expenses
80 67 63 66 81 58 68 66 73 64
Selling, General & Admin Expense
22 16 16 19 30 14 23 19 18 17
Marketing Expense
42 35 33 33 36 28 29 30 37 29
Research & Development Expense
16 15 14 15 15 16 16 18 18 19
Total Other Income / (Expense), net
2.76 3.57 3.36 3.09 1.96 1.83 3.69 2.32 1.51 0.24
Interest Expense
0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 - -
Interest & Investment Income
2.83 2.72 3.05 2.42 1.77 1.34 3.12 1.75 - -
Other Income / (Expense), net
0.01 0.93 0.39 0.75 0.28 0.57 0.65 0.64 -0.01 0.24
Income Tax Expense
4.71 2.67 10 8.64 7.20 8.29 6.92 3.75 1.72 5.21
Basic Earnings per Share
$0.06 $0.05 $0.09 $0.09 $0.06 $0.08 $0.07 $0.04 $0.05 $0.06
Weighted Average Basic Shares Outstanding
215.11M 214.77M 216.42M 215.55M 216.89M 217.74M 216.96M 215.59M 214.46M 215.35M
Diluted Earnings per Share
$0.06 $0.05 $0.09 $0.09 $0.05 $0.08 $0.07 $0.04 $0.05 $0.06
Weighted Average Diluted Shares Outstanding
215.65M 215.75M 217.50M 216.87M 219.72M 220.42M 219.92M 218.75M 220.59M 220.35M
Weighted Average Basic & Diluted Shares Outstanding
212.54M 214.45M 216.37M 216.71M 216.80M 219.17M 219.83M 219.22M 219.42M 220.82M

Annual Cash Flow Statements for Cricut

This table details how cash moves in and out of Cricut's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Change in Cash & Equivalents
90 -83 -17 119 116 0.64
Net Cash From Operating Activities
265 288 118 -105 248 3.86
Net Cash From Continuing Operating Activities
265 288 118 -105 252 3.86
Net Income / (Loss) Continuing Operations
63 54 61 140 155 39
Consolidated Net Income / (Loss)
63 54 61 140 155 39
Depreciation Expense
29 30 27 19 14 9.18
Non-Cash Adjustments To Reconcile Net Income
47 88 59 48 17 8.50
Changes in Operating Assets and Liabilities, net
126 116 -29 -313 67 -53
Net Cash From Investing Activities
-18 -49 -108 -36 -22 -14
Net Cash From Continuing Investing Activities
-18 -49 -108 -36 -22 -14
Purchase of Property, Plant & Equipment
-18 -24 -34 -36 -22 -14
Purchase of Investments
-111 -63 -180 0.00 0.00 -
Sale and/or Maturity of Investments
111 38 106 0.00 0.00 -
Net Cash From Financing Activities
-156 -322 -26 260 -111 11
Net Cash From Continuing Financing Activities
-156 -322 -26 260 -111 11
Repayment of Debt
0.00 0.00 -1.31 -0.22 -286 -492
Repurchase of Common Equity
-38 -20 -19 0.00 -3.04 -0.73
Payment of Dividends
-110 -294 0.00 0.00 -51 0.00
Other Financing Activities, net
-7.97 -7.72 -6.35 -1.55 1.01 1.17
Effect of Exchange Rate Changes
-0.25 0.11 -0.22 -0.13 0.09 -0.03
Cash Interest Paid
0.00 0.00 0.00 0.01 1.31 3.30
Cash Income Taxes Paid
44 24 29 81 42 6.65

Quarterly Cash Flow Statements for Cricut

This table details how cash moves in and out of Cricut's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
90 -53 17 37 70 -214 54 7.38 101 -24
Net Cash From Operating Activities
103 70 35 57 92 36 64 95 117 -12
Net Cash From Continuing Operating Activities
103 70 35 57 92 36 64 95 117 -12
Net Income / (Loss) Continuing Operations
12 11 20 20 11 17 16 9.10 11 12
Consolidated Net Income / (Loss)
12 11 20 20 11 17 16 9.10 11 12
Depreciation Expense
6.70 7.21 7.60 7.50 7.97 7.69 7.49 6.89 7.12 7.71
Non-Cash Adjustments To Reconcile Net Income
10 16 7.57 13 27 17 23 22 18 15
Changes in Operating Assets and Liabilities, net
74 36 0.02 16 46 -5.83 18 57 81 -47
Net Cash From Investing Activities
-3.89 -4.47 -4.85 -5.12 -4.78 -31 -5.08 -7.74 -6.86 0.56
Net Cash From Continuing Investing Activities
-3.89 -4.47 -4.85 -5.12 -4.78 -31 -5.08 -7.74 -6.86 0.56
Purchase of Property, Plant & Equipment
-3.89 -4.48 -4.85 -5.12 -4.78 -6.12 -5.08 -7.74 -6.86 -9.14
Net Cash From Financing Activities
-9.03 -119 -14 -15 -18 -219 -5.53 -80 -9.59 -12
Net Cash From Continuing Financing Activities
-9.03 -119 -14 -15 -18 -219 -5.53 -80 -9.59 -12
Repurchase of Common Equity
-8.01 -10 -9.31 -11 -16 -0.35 -0.97 -3.24 -8.60 -9.97
Payment of Dividends
-0.20 -108 -0.11 -1.44 -0.31 -218 -0.28 -76 - -
Other Financing Activities, net
-0.83 -0.60 -4.13 -2.41 -1.78 -0.36 -4.29 -1.30 -0.98 -0.35
Effect of Exchange Rate Changes
-0.39 0.27 -0.01 -0.12 0.21 -0.10 -0.03 0.03 0.16 -0.15
Cash Income Taxes Paid
8.70 4.51 30 0.15 2.48 9.50 12 0.12 11 12

Annual Balance Sheets for Cricut

This table presents Cricut's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Total Assets
693 750 950 1,006 581
Total Current Assets
580 620 811 928 539
Cash & Equivalents
232 142 225 242 122
Short-Term Investments
105 103 74 0.00 -
Accounts Receivable
102 111 137 200 163
Inventories, net
115 244 352 454 249
Prepaid Expenses
26 19 24 33 4.92
Plant, Property, & Equipment, net
38 48 63 53 33
Total Noncurrent Assets
75 83 75 25 9.15
Intangible Assets
0.00 0.00 0.76 1.52 2.28
Noncurrent Deferred & Refundable Income Taxes
39 35 24 3.26 3.12
Other Noncurrent Operating Assets
36 48 50 20 3.75
Total Liabilities & Shareholders' Equity
693 750 950 1,006 581
Total Liabilities
226 215 277 332 352
Total Current Liabilities
203 196 254 308 347
Accounts Payable
53 77 63 205 252
Dividends Payable
24 2.14 81 0.00 -
Current Deferred Revenue
45 40 35 31 24
Other Current Liabilities
80 77 75 73 71
Total Noncurrent Liabilities
23 19 23 24 5.98
Noncurrent Deferred Revenue
2.83 2.93 3.79 4.86 2.76
Other Noncurrent Operating Liabilities
20 16 19 19 3.22
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
467 535 673 674 229
Total Preferred & Common Equity
467 535 673 674 229
Preferred Stock
0.00 0.00 0.00 0.00 0.00
Total Common Equity
467 535 673 674 229
Common Stock
467 506 673 718 413
Retained Earnings
0.00 29 0.00 -44 -184
Accumulated Other Comprehensive Income / (Loss)
-0.01 0.28 -0.48 -0.06 0.01

Quarterly Balance Sheets for Cricut

This table presents Cricut's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
664 742 724 719 898 846 920
Total Current Assets
541 611 596 586 763 707 803
Cash & Equivalents
142 196 179 73 286 232 124
Short-Term Investments
105 104 103 101 75 75 74
Accounts Receivable
93 84 78 92 89 90 88
Inventories, net
168 192 225 304 294 294 484
Prepaid Expenses
33 36 11 16 19 16 34
Plant, Property, & Equipment, net
40 42 45 58 58 61 63
Total Noncurrent Assets
83 89 83 75 77 78 53
Noncurrent Deferred & Refundable Income Taxes
47 44 39 36 31 27 3.28
Other Noncurrent Operating Assets
36 45 44 39 45 51 49
Total Liabilities & Shareholders' Equity
664 742 724 719 898 846 920
Total Liabilities
188 294 171 193 416 152 177
Total Current Liabilities
171 276 153 174 395 130 154
Accounts Payable
46 34 45 80 67 38 71
Dividends Payable
0.38 122 0.81 2.25 235 0.98 -
Current Deferred Revenue
43 45 44 38 40 39 29
Other Current Liabilities
82 75 63 54 54 52 53
Total Noncurrent Liabilities
17 17 18 19 21 22 23
Noncurrent Deferred Revenue
2.53 2.60 2.72 2.61 2.81 3.22 3.53
Other Noncurrent Operating Liabilities
14 15 15 16 18 19 20
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
476 449 553 526 482 694 743
Total Preferred & Common Equity
476 449 553 526 482 694 743
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
476 449 553 526 482 694 743
Common Stock
464 448 505 510 483 685 737
Retained Earnings
11 0.00 48 17 0.00 9.10 6.22
Accumulated Other Comprehensive Income / (Loss)
0.42 0.14 -0.10 -0.62 -0.64 -0.27 -0.37

Annual Metrics And Ratios for Cricut

This table displays calculated financial ratios and metrics derived from Cricut's official financial filings.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Growth Metrics
- - - - - -
Revenue Growth
-6.88% -13.67% -32.15% 36.20% 97.11% 0.00%
EBITDA Growth
4.92% -4.89% -49.29% -0.69% 258.83% 0.00%
EBIT Growth
8.40% -10.35% -58.19% -3.38% 296.26% 0.00%
NOPAT Growth
14.36% -20.48% -57.89% -9.71% 272.44% 0.00%
Net Income Growth
17.14% -11.59% -56.81% -9.12% 294.22% 0.00%
EPS Growth
20.83% -14.29% -56.25% -13.51% 289.47% 0.00%
Operating Cash Flow Growth
-8.03% 144.81% 212.13% -142.28% 6,329.09% 0.00%
Free Cash Flow Firm Growth
-8.62% 462.75% 120.10% -478.74% 0.00% 0.00%
Invested Capital Growth
-47.15% -35.76% 5.07% 305.19% 0.00% 0.00%
Revenue Q/Q Growth
-2.99% -6.08% -10.78% 1.31% 0.00% 0.00%
EBITDA Q/Q Growth
-3.76% 4.65% -11.32% -19.58% 0.00% 0.00%
EBIT Q/Q Growth
-3.59% 5.39% -15.54% -21.79% 0.00% 0.00%
NOPAT Q/Q Growth
-0.33% 1.16% -3.62% -26.07% 0.00% 0.00%
Net Income Q/Q Growth
1.03% 0.75% -1.67% -26.07% 0.00% 0.00%
EPS Q/Q Growth
3.57% 0.00% 0.00% -27.27% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
4.34% -7.98% 328.34% -47.88% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
6.58% -11.36% 168.77% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
-32.72% -17.76% -16.60% 0.74% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
49.51% 44.87% 39.48% 35.02% 34.66% 29.26%
EBITDA Margin
15.04% 13.35% 12.12% 16.22% 22.24% 12.22%
Operating Margin
10.68% 9.15% 9.02% 14.73% 20.91% 11.01%
EBIT Margin
10.97% 9.43% 9.08% 14.73% 20.77% 10.33%
Profit (Net Income) Margin
8.82% 7.01% 6.84% 10.75% 16.12% 8.06%
Tax Burden Percent
70.69% 67.23% 74.00% 73.02% 77.60% 78.00%
Interest Burden Percent
113.67% 110.61% 101.89% 99.96% 100.00% 100.00%
Effective Tax Rate
29.31% 32.77% 26.00% 26.98% 22.40% 22.00%
Return on Invested Capital (ROIC)
24.12% 12.61% 13.35% 52.12% 291.64% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
20.87% 9.76% 12.69% 52.14% 293.31% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-11.58% -3.73% -4.34% -21.01% -156.59% 0.00%
Return on Equity (ROE)
12.55% 8.88% 9.01% 31.12% 135.05% 0.00%
Cash Return on Invested Capital (CROIC)
85.82% 56.15% 8.40% -68.70% 91.64% 0.00%
Operating Return on Assets (OROA)
10.84% 8.49% 8.23% 24.24% 34.26% 0.00%
Return on Assets (ROA)
8.71% 6.31% 6.20% 17.70% 26.59% 0.00%
Return on Common Equity (ROCE)
12.55% 8.88% 9.01% 31.12% 135.05% 0.00%
Return on Equity Simple (ROE_SIMPLE)
13.46% 10.03% 9.02% 20.84% 67.52% 0.00%
Net Operating Profit after Tax (NOPAT)
54 47 59 140 156 42
NOPAT Margin
7.55% 6.15% 6.68% 10.76% 16.23% 8.59%
Net Nonoperating Expense Percent (NNEP)
3.25% 2.86% 0.65% -0.01% -1.68% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
11.53% 8.80% 8.79% - - -
Cost of Revenue to Revenue
50.49% 55.13% 60.52% 64.98% 65.34% 70.74%
SG&A Expenses to Revenue
10.24% 11.12% 7.07% 3.92% 3.09% 4.52%
R&D to Revenue
8.48% 8.50% 8.68% 6.11% 4.06% 5.48%
Operating Expenses to Revenue
38.83% 35.72% 30.46% 20.29% 13.75% 18.25%
Earnings before Interest and Taxes (EBIT)
78 72 80 192 199 50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
107 102 107 212 213 59
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
2.57 2.42 2.43 5.91 1.34 0.00
Price to Tangible Book Value (P/TBV)
2.57 2.42 2.43 5.93 1.35 0.00
Price to Revenue (P/Rev)
1.69 1.69 1.84 3.05 0.32 0.63
Price to Earnings (P/E)
19.13 24.12 26.90 28.37 1.98 7.81
Dividend Yield
8.92% 22.87% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
5.23% 4.15% 3.72% 3.53% 50.47% 12.80%
Enterprise Value to Invested Capital (EV/IC)
5.61 3.59 2.93 8.66 1.73 0.00
Enterprise Value to Revenue (EV/Rev)
1.21 1.37 1.50 2.87 0.19 0.00
Enterprise Value to EBITDA (EV/EBITDA)
8.07 10.26 12.41 17.67 0.86 0.00
Enterprise Value to EBIT (EV/EBIT)
11.06 14.54 16.57 19.45 0.92 0.00
Enterprise Value to NOPAT (EV/NOPAT)
16.07 22.29 22.53 26.64 1.18 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
3.26 3.64 11.33 0.00 0.74 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
4.52 5.01 35.80 0.00 3.77 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.55 -0.38 -0.34 -0.40 -0.53 0.00
Leverage Ratio
1.44 1.41 1.45 1.76 2.54 0.00
Compound Leverage Factor
1.64 1.56 1.48 1.76 2.54 0.00
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 0.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
5.24 5.67 5.45 9.80 3.26 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - -
Current Ratio
2.85 3.16 3.19 3.01 1.56 0.00
Quick Ratio
2.16 1.81 1.72 1.43 0.82 0.00
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
191 209 37 -185 49 0.00
Operating Cash Flow to CapEx
1,445.23% 1,214.73% 348.47% -293.27% 1,136.47% 27.39%
Free Cash Flow to Firm to Interest Expense
587.20 648.59 128.81 -621.38 0.00 0.00
Operating Cash Flow to Interest Expense
812.79 891.94 407.21 -352.18 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
756.55 818.51 290.35 -472.27 0.00 0.00
Efficiency Ratios
- - - - - -
Asset Turnover
0.99 0.90 0.91 1.65 1.65 0.00
Accounts Receivable Turnover
6.68 6.18 5.27 7.21 5.89 0.00
Inventory Turnover
2.00 1.42 1.33 2.42 2.52 0.00
Fixed Asset Turnover
16.73 13.78 15.19 30.13 28.68 0.00
Accounts Payable Turnover
5.52 6.02 4.00 3.72 2.49 0.00
Days Sales Outstanding (DSO)
54.61 59.10 69.20 50.64 62.01 0.00
Days Inventory Outstanding (DIO)
182.49 257.90 274.18 151.14 144.88 0.00
Days Payable Outstanding (DPO)
66.07 60.59 91.15 98.13 146.58 0.00
Cash Conversion Cycle (CCC)
171.03 256.41 252.22 103.65 60.31 0.00
Capital & Investment Metrics
- - - - - -
Invested Capital
154 292 454 432 107 0.00
Invested Capital Turnover
3.19 2.05 2.00 4.85 17.97 0.00
Increase / (Decrease) in Invested Capital
-138 -162 22 326 107 0.00
Enterprise Value (EV)
865 1,049 1,333 3,743 184 0.00
Market Capitalization
1,202 1,294 1,632 3,985 306 306
Book Value per Share
$2.18 $2.44 $3.05 $3.03 $1.10 $0.00
Tangible Book Value per Share
$2.18 $2.44 $3.04 $3.02 $1.09 $0.00
Total Capital
467 535 673 674 229 0.00
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-337 -245 -299 -242 -122 0.00
Capital Expenditures (CapEx)
18 24 34 36 22 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
40 178 258 378 70 0.00
Debt-free Net Working Capital (DFNWC)
377 424 557 620 192 0.00
Net Working Capital (NWC)
377 424 557 620 192 0.00
Net Nonoperating Expense (NNE)
-9.03 -6.59 -1.50 0.02 1.02 2.57
Net Nonoperating Obligations (NNO)
-313 -243 -218 -242 -122 0.00
Total Depreciation and Amortization (D&A)
29 30 27 19 14 9.18
Debt-free, Cash-free Net Working Capital to Revenue
5.60% 23.31% 29.11% 28.95% 7.31% 0.00%
Debt-free Net Working Capital to Revenue
52.89% 55.35% 62.87% 47.44% 20.05% 0.00%
Net Working Capital to Revenue
52.89% 55.35% 62.87% 47.44% 20.05% 0.00%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.29 $0.25 $0.28 $0.67 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
215.11M 216.89M 214.46M 208.83M 0.00 0.00
Adjusted Diluted Earnings per Share
$0.29 $0.24 $0.28 $0.64 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
215.65M 219.72M 220.59M 219.78M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
212.54M 216.80M 219.42M 221.94M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
54 47 59 140 156 42
Normalized NOPAT Margin
7.55% 6.15% 6.68% 10.76% 16.23% 8.59%
Pre Tax Income Margin
12.47% 10.43% 9.25% 14.73% 20.77% 10.33%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
239.84 223.31 278.41 645.83 0.00 0.00
NOPAT to Interest Expense
165.04 145.66 204.72 471.46 0.00 0.00
EBIT Less CapEx to Interest Expense
183.60 149.89 161.56 525.75 0.00 0.00
NOPAT Less CapEx to Interest Expense
108.81 72.24 87.87 351.38 0.00 0.00
Payout Ratios
- - - - - -
Dividend Payout Ratio
175.03% 548.38% 0.00% 0.00% 33.12% 0.00%
Augmented Payout Ratio
236.30% 586.29% 30.63% 0.00% 35.09% 1.86%

Quarterly Metrics And Ratios for Cricut

This table displays calculated financial ratios and metrics derived from Cricut's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
-9.49% -4.01% -5.52% -7.63% -17.64% -1.18% -3.26% -25.96% -27.61% -31.95%
EBITDA Growth
-16.89% -41.34% 25.64% 85.23% 36.07% 25.95% 3.57% -51.71% -42.95% -40.76%
EBIT Growth
-17.34% -52.47% 34.75% 132.35% 51.55% 37.38% -2.20% -64.39% -57.17% -53.26%
NOPAT Growth
-1.37% -46.25% 30.44% 134.68% 5.24% 30.24% -1.19% -68.30% -19.73% -59.05%
Net Income Growth
5.65% -33.31% 23.37% 115.92% 3.65% 38.42% 15.89% -61.29% -8.66% -58.53%
EPS Growth
20.00% -37.50% 28.57% 125.00% 0.00% 33.33% 16.67% -63.64% 0.00% -53.85%
Operating Cash Flow Growth
11.96% 92.88% -45.75% -40.43% -21.34% 394.23% 2,604.59% 510.88% 336.05% 84.09%
Free Cash Flow Firm Growth
-14.47% -34.79% -34.35% 65.86% 1,496.86% 299.36% 184.26% 134.08% 96.06% 74.14%
Invested Capital Growth
-47.15% -35.40% -23.66% -29.94% -35.76% -34.85% -28.46% -15.86% 5.07% 26.92%
Revenue Q/Q Growth
24.67% -0.03% 0.33% -27.61% 32.21% -1.61% -1.91% -35.45% 58.63% -3.68%
EBITDA Q/Q Growth
9.83% -45.54% 2.89% 42.28% -22.48% 16.64% 51.69% -10.74% -28.25% -4.09%
EBIT Q/Q Growth
20.46% -57.02% 3.34% 66.99% -30.73% 21.87% 78.18% -14.82% -37.21% -13.24%
NOPAT Q/Q Growth
15.76% -50.99% 0.20% 73.51% -36.91% 18.93% 80.26% -22.19% -21.92% -9.77%
Net Income Q/Q Growth
3.81% -41.89% 0.62% 74.05% -34.47% 7.50% 76.11% -16.45% -12.48% -10.00%
EPS Q/Q Growth
20.00% -44.44% 0.00% 80.00% -37.50% 14.29% 75.00% -20.00% -16.67% 0.00%
Operating Cash Flow Q/Q Growth
46.76% 100.91% -38.33% -38.43% 152.85% -43.49% -32.29% -18.70% 1,045.81% -380.99%
Free Cash Flow Firm Q/Q Growth
9.95% 32.02% -23.92% -22.55% -16.18% 32.91% 92.22% 752.31% 88.04% 43.83%
Invested Capital Q/Q Growth
-32.72% -15.52% -0.11% -6.92% -17.76% -0.17% -8.33% -14.64% -16.60% 9.62%
Profitability Metrics
- - - - - - - - - -
Gross Margin
44.91% 46.08% 53.49% 54.72% 41.96% 46.84% 49.31% 42.30% 29.78% 46.23%
EBITDA Margin
9.83% 11.16% 20.49% 19.98% 10.71% 18.27% 15.41% 9.96% 6.48% 14.33%
Operating Margin
6.63% 6.31% 15.74% 15.06% 7.14% 13.54% 10.83% 5.81% 3.95% 9.84%
EBIT Margin
6.63% 6.87% 15.97% 15.50% 7.27% 13.87% 11.20% 6.16% 3.95% 9.98%
Profit (Net Income) Margin
5.70% 6.84% 11.77% 11.74% 4.88% 9.85% 9.01% 5.02% 3.88% 7.03%
Tax Burden Percent
71.70% 81.12% 66.36% 69.45% 61.07% 67.51% 69.85% 70.84% 86.40% 70.48%
Interest Burden Percent
119.77% 122.85% 111.09% 109.00% 110.01% 105.19% 115.26% 114.99% 113.71% 100.00%
Effective Tax Rate
28.30% 18.88% 33.64% 30.55% 38.93% 32.49% 30.15% 29.16% 13.60% 29.52%
Return on Invested Capital (ROIC)
15.19% 12.87% 24.70% 23.83% 8.95% 16.56% 14.49% 7.98% 6.83% 14.15%
ROIC Less NNEP Spread (ROIC-NNEP)
14.47% 11.49% 23.24% 23.10% 8.43% 15.89% 13.05% 7.39% 6.26% 14.07%
Return on Net Nonoperating Assets (RNNOA)
-8.03% -4.79% -7.59% -10.88% -3.22% -4.62% -3.86% -2.91% -2.14% -4.25%
Return on Equity (ROE)
7.16% 8.08% 17.12% 12.95% 5.73% 11.93% 10.63% 5.07% 4.69% 9.90%
Cash Return on Invested Capital (CROIC)
85.82% 61.49% 46.34% 52.52% 56.15% 52.54% 43.22% 27.38% 8.40% -11.12%
Operating Return on Assets (OROA)
6.55% 7.29% 14.44% 14.84% 6.54% 13.79% 9.91% 5.60% 3.58% 10.43%
Return on Assets (ROA)
5.63% 7.27% 10.64% 11.23% 4.39% 9.79% 7.98% 4.56% 3.52% 7.35%
Return on Common Equity (ROCE)
7.16% 8.08% 17.12% 12.95% 5.73% 11.93% 10.63% 5.07% 4.69% 9.90%
Return on Equity Simple (ROE_SIMPLE)
0.00% 13.07% 15.14% 11.62% 0.00% 10.12% 10.05% 6.66% 0.00% 8.31%
Net Operating Profit after Tax (NOPAT)
9.95 8.60 18 18 10 16 13 7.46 9.59 12
NOPAT Margin
4.75% 5.12% 10.44% 10.46% 4.36% 9.14% 7.56% 4.12% 3.41% 6.94%
Net Nonoperating Expense Percent (NNEP)
0.71% 1.38% 1.47% 0.73% 0.52% 0.67% 1.44% 0.59% 0.57% 0.08%
Return On Investment Capital (ROIC_SIMPLE)
2.13% - - - 1.89% - - - 1.43% -
Cost of Revenue to Revenue
55.09% 53.92% 46.51% 45.28% 58.04% 53.16% 50.69% 57.70% 70.22% 53.77%
SG&A Expenses to Revenue
10.75% 9.68% 9.37% 11.06% 12.87% 7.98% 12.74% 10.33% 6.42% 9.32%
R&D to Revenue
7.64% 9.08% 8.52% 8.87% 6.48% 9.10% 9.20% 9.82% 6.26% 10.59%
Operating Expenses to Revenue
38.28% 39.77% 37.75% 39.66% 34.82% 33.30% 38.48% 36.49% 25.83% 36.39%
Earnings before Interest and Taxes (EBIT)
14 12 27 26 17 24 20 11 11 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
21 19 34 33 25 32 27 18 18 25
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.57 3.15 2.64 1.70 2.42 3.54 5.05 2.71 2.43 2.25
Price to Tangible Book Value (P/TBV)
2.57 3.15 2.64 1.70 2.42 3.54 5.06 2.71 2.43 2.25
Price to Revenue (P/Rev)
1.69 2.04 1.60 1.25 1.69 2.28 2.98 2.29 1.84 1.68
Price to Earnings (P/E)
19.13 24.11 17.41 14.65 24.12 34.95 50.29 40.70 26.90 27.04
Dividend Yield
8.92% 7.22% 0.00% 31.13% 22.87% 15.95% 12.14% 4.08% 0.00% 0.00%
Earnings Yield
5.23% 4.15% 5.74% 6.83% 4.15% 2.86% 1.99% 2.46% 3.72% 3.70%
Enterprise Value to Invested Capital (EV/IC)
5.61 5.46 3.26 2.42 3.59 4.75 5.84 4.06 2.93 2.70
Enterprise Value to Revenue (EV/Rev)
1.21 1.71 1.19 0.88 1.37 2.07 2.54 1.91 1.50 1.48
Enterprise Value to EBITDA (EV/EBITDA)
8.07 11.25 7.09 5.60 10.26 17.28 22.80 17.48 12.41 12.14
Enterprise Value to EBIT (EV/EBIT)
11.06 15.44 9.42 7.58 14.54 24.65 33.56 25.29 16.57 15.44
Enterprise Value to NOPAT (EV/NOPAT)
16.07 23.20 14.45 11.54 22.29 36.28 48.53 36.58 22.53 23.96
Enterprise Value to Operating Cash Flow (EV/OCF)
3.26 4.93 4.01 2.64 3.64 5.39 7.85 7.99 11.33 53.53
Enterprise Value to Free Cash Flow (EV/FCFF)
4.52 6.97 6.08 3.80 5.01 7.14 11.27 13.56 35.80 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.55 -0.42 -0.33 -0.47 -0.38 -0.29 -0.30 -0.39 -0.34 -0.30
Leverage Ratio
1.44 1.38 1.76 1.26 1.41 1.29 1.52 1.29 1.45 1.36
Compound Leverage Factor
1.73 1.70 1.96 1.37 1.55 1.36 1.76 1.49 1.65 1.36
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
4.93 6.64 4.08 5.28 5.43 7.76 4.99 9.27 5.21 7.65
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.85 3.16 2.21 3.90 3.16 3.37 1.93 5.42 3.19 5.22
Quick Ratio
2.16 1.99 1.39 2.35 1.81 1.53 1.14 3.05 1.72 1.86
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
148 134 102 134 173 206 155 81 -12 -103
Operating Cash Flow to CapEx
2,648.59% 1,568.14% 721.42% 1,107.84% 1,928.19% 595.29% 1,267.56% 1,229.41% 1,706.81% -135.43%
Free Cash Flow to Firm to Interest Expense
1,821.89 1,597.85 1,270.84 1,649.80 2,078.73 2,541.16 1,935.91 1,019.89 0.00 0.00
Operating Cash Flow to Interest Expense
1,272.63 836.15 437.00 699.85 1,109.29 449.56 805.54 1,204.67 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
1,224.58 782.83 376.43 636.68 1,051.76 374.04 741.99 1,106.68 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.99 1.06 0.90 0.96 0.90 0.99 0.89 0.91 0.91 1.05
Accounts Receivable Turnover
6.68 7.92 8.60 8.94 6.18 9.05 9.63 7.72 5.27 8.60
Inventory Turnover
2.00 1.61 1.57 1.51 1.42 1.23 1.25 1.28 1.33 1.23
Fixed Asset Turnover
16.73 15.02 14.75 14.21 13.78 13.42 13.44 13.63 15.19 17.12
Accounts Payable Turnover
5.52 6.03 7.54 9.40 6.02 6.41 5.39 5.10 4.00 3.86
Days Sales Outstanding (DSO)
54.61 46.09 42.43 40.81 59.10 40.35 37.92 47.29 69.20 42.44
Days Inventory Outstanding (DIO)
182.49 227.06 233.06 240.98 257.90 296.39 291.77 286.24 274.18 295.73
Days Payable Outstanding (DPO)
66.07 60.51 48.44 38.84 60.59 56.97 67.73 71.54 91.15 94.57
Cash Conversion Cycle (CCC)
171.03 212.65 227.06 242.95 256.41 279.77 261.96 261.99 252.22 243.60
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
154 229 271 272 292 355 356 388 454 545
Invested Capital Turnover
3.19 2.51 2.37 2.28 2.05 1.81 1.92 1.94 2.00 2.04
Increase / (Decrease) in Invested Capital
-138 -126 -84 -116 -162 -190 -141 -73 22 116
Enterprise Value (EV)
865 1,252 883 659 1,049 1,687 2,076 1,575 1,333 1,471
Market Capitalization
1,202 1,499 1,183 940 1,294 1,861 2,437 1,883 1,632 1,669
Book Value per Share
$2.18 $2.20 $2.07 $2.55 $2.44 $2.39 $2.20 $3.16 $3.05 $3.34
Tangible Book Value per Share
$2.18 $2.20 $2.07 $2.55 $2.44 $2.39 $2.20 $3.16 $3.04 $3.34
Total Capital
467 476 449 553 535 526 482 694 673 743
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-337 -247 -299 -282 -245 -174 -361 -307 -299 -198
Capital Expenditures (CapEx)
3.89 4.48 4.85 5.12 4.78 6.12 5.08 7.74 6.86 9.14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
40 123 35 161 178 238 6.36 269 258 451
Debt-free Net Working Capital (DFNWC)
377 369 335 443 424 412 368 577 557 649
Net Working Capital (NWC)
377 369 335 443 424 412 368 577 557 649
Net Nonoperating Expense (NNE)
-1.98 -2.89 -2.23 -2.14 -1.20 -1.23 -2.58 -1.64 -1.30 -0.17
Net Nonoperating Obligations (NNO)
-313 -247 -177 -281 -243 -171 -127 -306 -218 -198
Total Depreciation and Amortization (D&A)
6.70 7.21 7.60 7.50 7.97 7.69 7.49 6.89 7.12 7.71
Debt-free, Cash-free Net Working Capital to Revenue
5.60% 16.68% 4.78% 21.46% 23.31% 29.24% 0.78% 32.72% 29.11% 45.43%
Debt-free Net Working Capital to Revenue
52.89% 50.30% 45.16% 58.95% 55.35% 50.55% 45.04% 70.08% 62.87% 65.36%
Net Working Capital to Revenue
52.89% 50.30% 45.16% 58.95% 55.35% 50.55% 45.04% 70.08% 62.87% 65.36%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.06 $0.05 $0.09 $0.09 $0.06 $0.08 $0.07 $0.04 $0.05 $0.06
Adjusted Weighted Average Basic Shares Outstanding
215.11M 214.77M 216.42M 215.55M 216.89M 217.74M 216.96M 215.59M 214.46M 215.35M
Adjusted Diluted Earnings per Share
$0.06 $0.05 $0.09 $0.09 $0.05 $0.08 $0.07 $0.04 $0.05 $0.06
Adjusted Weighted Average Diluted Shares Outstanding
215.65M 215.75M 217.50M 216.87M 219.72M 220.42M 219.92M 218.75M 220.59M 220.35M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
212.54M 214.45M 216.37M 216.71M 216.80M 219.17M 219.83M 219.22M 219.42M 220.82M
Normalized Net Operating Profit after Tax (NOPAT)
9.95 8.60 18 18 10 16 13 7.46 9.59 12
Normalized NOPAT Margin
4.75% 5.12% 10.44% 10.46% 4.36% 9.14% 7.56% 4.12% 3.41% 6.94%
Pre Tax Income Margin
7.95% 8.44% 17.74% 16.90% 7.99% 14.59% 12.91% 7.09% 4.49% 9.98%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
171.44 137.24 335.24 320.41 202.42 299.46 248.79 141.39 0.00 0.00
NOPAT to Interest Expense
122.84 102.33 219.24 216.11 121.55 197.42 168.07 94.42 0.00 0.00
EBIT Less CapEx to Interest Expense
123.40 83.92 274.66 257.23 144.89 223.94 185.24 43.41 0.00 0.00
NOPAT Less CapEx to Interest Expense
74.79 49.00 158.67 152.93 64.02 121.90 104.52 -3.57 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
175.03% 177.01% 323.67% 342.82% 548.38% 551.89% 156.44% 163.27% 0.00% 0.00%
Augmented Payout Ratio
236.30% 251.39% 377.00% 386.27% 586.29% 576.60% 203.44% 210.42% 30.63% 15.91%

Frequently Asked Questions About Cricut's Financials

When does Cricut's financial year end?

According to the most recent income statement we have on file, Cricut's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Cricut's net income changed over the last 5 years?

Cricut's net income appears to be on a downward trend, with a most recent value of $62.83 million in 2024, rising from $39.21 million in 2019. The previous period was $53.64 million in 2023. See where experts think Cricut is headed by visiting Cricut's forecast page.

What is Cricut's operating income?
Cricut's total operating income in 2024 was $76.11 million, based on the following breakdown:
  • Total Gross Profit: $352.79 million
  • Total Operating Expenses: $276.68 million
How has Cricut revenue changed over the last 5 years?

Over the last 5 years, Cricut's total revenue changed from $486.55 million in 2019 to $712.54 million in 2024, a change of 46.4%.

How much debt does Cricut have?

Cricut's total liabilities were at $226.27 million at the end of 2024, a 5.1% increase from 2023, and a 35.8% decrease since 2020.

How much cash does Cricut have?

In the past 4 years, Cricut's cash and equivalents has ranged from $122.22 million in 2020 to $241.60 million in 2021, and is currently $232.14 million as of their latest financial filing in 2024.

How has Cricut's book value per share changed over the last 5 years?

Over the last 5 years, Cricut's book value per share changed from 0.00 in 2019 to 2.18 in 2024, a change of 217.7%.



This page (NASDAQ:CRCT) was last updated on 5/25/2025 by MarketBeat.com Staff
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