We see they are remarkably similar. I don't understand, in the context of evolution, that everything changes or evolves over time, and yet in 240 million years, it appears the crocodile has changed precious little.
In this case, it has changed from a smallish, long-legged, short-snouted terrestrial carnivore to a large, flat-skulled aquatic one

(Also, FWIW,
Protosuchus is actually younger than 240 million years, if you check the age range on the
Paleobiology Database.)
By the way, the diversity of crocodiles in their Mesozoic heyday might surprise you.
Notosuchians (which are not, strictly speaking, crocodylians) are a good place to start if you want a taster. (That Wikipedia page has a nice table with thumbnail images of many genera.) Also, here's a bunch of crocs that went all the way in terms of aquatic adaptation - paddles for feet, tail fins, loss of armour and all:
Metriorhynchidae - Wikipedia, the free encyclopedia
In order to better understand this, please explain how this is possible. I'm very confused because I keep hearing that dinosaurs turned into birds, and such, over millions of years, yet the crocodile seems all but untouched. Any help you can offer is great, but please keep the links to a minimum, and the answers short, because I unfortunately just don't have time to chase down reams of information. Thank you in advance!
I kind of ended up going on a lot longer than I wanted to, but on the plus side you can get what I'm saying without clicking any of the links below
Short answer: there is no law of nature saying that evolution must always proceed at the same speed.
If a design works, there's no reason for it to change. Evolution still doesn't stop in these groups - DNA sequences are going to differ, bodies and physiologies are going to adapt to their particular surroundings. There's a reason
Protosuchus isn't even classified in the same order as modern crocodiles.
Very slow morphological change may also hide a lot of genetic change, as some people have
argued about tuataras.
The variable rates of evolution are old news to anyone working with molecular sequences. Some lineages evolve much faster than others. Some genes evolve much more rapidly than others. For a couple of examples from each end of the spectrum:
(1) Sex-related genes have a tendency to evolve quickly. These
bindin protein sequences (bindin is involved in egg-sperm recognition) in two closely related sea urchins have quite a few differences.
(2) Genes involved in the core information storage and processing mechanisms in a cell are often much more conserved.
Histone H3 protein sequences (important in DNA packaging and gene regulation) from
a plant and an animal are almost identical.
Parts of a gene/protein can evolve at different rates, too, depending on their function. For example, you may have heard of Hox genes, which are extremely important developmental control genes, and how you can transfer them between distantly related species and they'll still work. Well,
one such experiment replaced the
labial gene in fruit fly embryos with its chick counterpart. It worked almost as well as the original fly gene. It may surprise you, then, that out of the hundreds of amino acids in each protein, only about 70 can even be aligned - the rest of the sequences don't match at all. Those 70 are the DNA-binding domain and a small motif involved in protein-protein interaction.
Protein-coding sequences in general change more slowly than many non-coding regions. Some parts of a chromosome undergo mutations and rearrangements more often than others. Repetitive DNA is very mutation-prone. And so on. You could probably spend an entire semester on the types and causes of variation in evolutionary rates
ETA: I almost forgot - morphological traits can also vary in their intrinsic "evolvability" (BTW, that's an actual technical term).
Here's a selection experiment in which butterflies were bred for different combinations of eyespot traits. Turned out that the
size of different eyespots could evolve pretty much independently - if the front eyespot grew over the generations, that didn't stop the rear eyespot from getting smaller etc. However, the
colour composition of the different eyespots could only change in concert: they couldn't breed butterflies that had lots of black in one spot and lots of yellow in another.