Qualys Inc (QLYS)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 173,680 151,595 107,992 70,960 91,572
Total stockholders’ equity US$ in thousands 477,116 368,174 289,129 436,714 404,482
ROE 36.40% 41.17% 37.35% 16.25% 22.64%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $173,680K ÷ $477,116K
= 36.40%

Qualys Inc's return on equity (ROE) has shown a fluctuating trend over the past five years, based on the provided data.

- In December 2020, the ROE stood at 22.64%, indicating that for every dollar of shareholders' equity, the company generated a return of 22.64%. This initial figure reflects a relatively strong performance.

- By December 2021, there was a decrease in ROE to 16.25%, suggesting a decline in the company's ability to generate profits from shareholder equity.

- Subsequently, in December 2022, Qualys Inc's ROE saw a significant improvement, reaching 37.35%, indicating a resurgence in the company's profitability relative to shareholders' equity.

- This positive trend continued into December 2023, with an ROE of 41.17%, showing continued strength and efficiency in utilizing equity to generate profits.

- However, by December 2024, there was a slight decrease in ROE to 36.40%, although the figure remained relatively high and indicated continued solid performance.

Overall, Qualys Inc's ROE performance reflects fluctuations but generally suggests effective use of shareholder equity to generate profits, with some variations in profitability over the years.