Qualys Inc (QLYS)

Return on assets (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
Net income (ttm) US$ in thousands 173,680 170,308 170,611 162,221 151,595 139,328 120,473 111,687 107,992 101,487 101,596 96,142 70,960 72,955 67,929 73,106 91,572 88,420 84,851 74,764
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
ROA 17.84% 18.75% 19.46% 18.82% 18.66% 18.53% 16.98% 16.53% 15.41% 13.57% 12.88% 11.80% 8.71% 9.65% 9.21% 10.02% 12.43% 12.50% 12.00% 10.92%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $173,680K ÷ $973,537K
= 17.84%

Qualys Inc's return on assets (ROA) has shown a generally positive trend over the past few years, indicating the company's efficiency in generating profits from its assets. The ROA increased steadily from around 10.92% in March 2020 to a peak of 19.46% in June 2024. This suggests that Qualys Inc has been effectively utilizing its assets to generate earnings for its shareholders.

However, there was a slight dip in ROA in the last quarter of 2024, dropping to 17.84%. While this decrease may raise some concerns, it is important to assess the overall trend and take into consideration any external factors that may have influenced this change.

Overall, the upward trajectory of Qualys Inc's ROA indicates a strong performance in terms of asset management and profitability, reflecting positively on the company's operational efficiency and financial health.