Qualys Inc (QLYS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 80.61% | 79.01% | 78.25% | 78.17% | 78.38% |
| Operating profit margin | 29.41% | 26.66% | 21.33% | 26.63% | 22.47% |
| Pretax margin | 32.22% | 27.30% | 21.74% | 28.11% | 24.87% |
| Net profit margin | 27.34% | 22.05% | 17.26% | 25.23% | 21.56% |
Qualys Inc has shown consistent improvement in its profitability ratios over the years. The gross profit margin has been steadily increasing, indicating efficient cost management and pricing strategies. The operating profit margin has also shown a positive trend, reflecting the company's ability to control operating expenses and generate profit from its core business activities.
Furthermore, the pretax margin has shown a significant improvement year over year, indicating the effectiveness of the company's overall financial management and tax planning strategies. The net profit margin has also shown a positive trend, demonstrating the company's ability to convert revenue into net income for its shareholders.
Overall, Qualys Inc's profitability ratios suggest a healthy financial performance and efficiency in managing its operations, which is crucial for sustaining long-term growth and profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 20.07% | 18.62% | 10.76% | 13.12% | 10.69% |
| Return on assets (ROA) | 18.66% | 15.41% | 8.71% | 12.43% | 10.26% |
| Return on total capital | 44.29% | 46.24% | 20.47% | 25.23% | 20.71% |
| Return on equity (ROE) | 41.17% | 37.35% | 16.25% | 22.64% | 17.93% |
Qualys Inc's profitability ratios have shown a positive trend over the past five years. The Operating Return on Assets (Operating ROA) has consistently increased from 10.69% in 2019 to 20.07% in 2023, indicating that the company is effectively utilizing its assets to generate operating income.
Similarly, the Return on Assets (ROA) has also improved steadily, reaching 18.66% in 2023 from 10.26% in 2019. This suggests that Qualys Inc has been able to generate more profits relative to its total assets over the years.
The Return on Total Capital has shown significant growth, increasing from 18.68% in 2019 to 44.29% in 2023. This indicates that the company has been successful in generating returns for both equity and debt holders.
Lastly, the Return on Equity (ROE) has also exhibited a positive trend, rising from 17.93% in 2019 to 41.17% in 2023. This indicates that Qualys Inc has been efficient in generating returns for its equity shareholders.
Overall, the profitability ratios reflect Qualys Inc's ability to effectively manage its assets and capital to generate increasing returns for its shareholders.