Qualys Inc (QLYS)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	187,610	179,691	178,332	172,677	163,094	152,273	142,024	132,190	130,547	128,923	127,554	123,923	87,683	83,046	77,372	73,518	96,654	91,787	88,033	78,633
Total assets	US$ in thousands	973,537	908,323	876,600	861,782	812,618	751,861	709,584	675,753	700,941	747,631	789,011	814,550	814,559	756,180	737,305	729,942	736,819	707,084	707,015	684,492
Operating ROA		19.27%	19.78%	20.34%	20.04%	20.07%	20.25%	20.02%	19.56%	18.62%	17.24%	16.17%	15.21%	10.76%	10.98%	10.49%	10.07%	13.12%	12.98%	12.45%	11.49%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $187,610K ÷ $973,537K
= 19.27%

Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's efficiency in generating profits from its assets used in operations. Looking at the data provided for Qualys Inc from March 31, 2020, to December 31, 2024, we observe fluctuations in the company's operating ROA.

The trend for Qualys Inc's operating ROA shows improvement over the period, starting at 11.49% in March 2020 and gradually increasing to a peak of 20.34% in June 2024. This indicates that the company was able to generate more operating income for each dollar of assets employed in its operations.

However, there were slight declines in operating ROA in some quarters, such as in the first quarter of 2021 and the first quarter of 2024. These dips may indicate temporary challenges or changes in the company's operations that affected its profitability relative to its asset base.

Overall, the increasing trend in Qualys Inc's operating ROA reflects positively on the company's operational efficiency and ability to generate profits from its assets. Investors and stakeholders may view this trend as a sign of improved financial performance and effective asset utilization by the company.