Qualys Inc (QLYS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 187,196 | 163,069 | 130,547 | 87,683 | 96,654 |
| Total assets | US$ in thousands | 973,537 | 812,618 | 700,941 | 814,559 | 736,819 |
| Operating ROA | 19.23% | 20.07% | 18.62% | 10.76% | 13.12% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $187,196K ÷ $973,537K
= 19.23%
Qualys Inc's operating return on assets (operating ROA) has exhibited fluctuations over the years based on the provided data. The operating ROA decreased from 13.12% as of December 31, 2020, to 10.76% as of December 31, 2021, indicating a decline in the company's efficiency in generating operating profits from its assets during that period.
However, there was a significant improvement in operating ROA in the following years. By December 31, 2022, the operating ROA increased to 18.62%, showcasing a substantial recovery in the company's ability to generate operating income relative to its assets. This positive trend continued in the subsequent years, with the operating ROA reaching 20.07% as of December 31, 2023, and then slightly dropping to 19.23% by December 31, 2024.
Overall, Qualys Inc's operating ROA has displayed variability, with a notable recovery and improvement in efficiency in utilizing its assets to generate operating income in the latter years of the analyzed period. This trend suggests that the company may have implemented effective operational strategies to enhance profitability and asset utilization.
Peer comparison
Dec 31, 2024