Qualys Inc (QLYS)

Return on equity (ROE)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 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 69,336 63,072 67,367 61,428
Total stockholders’ equity US$ in thousands 368,174 322,917 277,018 267,822 289,129 355,186 396,838 426,635 436,714 402,986 392,995 397,108 404,482 400,299 407,774 386,730 386,803 361,023 383,598 373,403
ROE 41.17% 43.15% 43.49% 41.70% 37.35% 28.57% 25.60% 22.53% 16.25% 18.10% 17.28% 18.41% 22.64% 22.09% 20.81% 19.33% 17.93% 17.47% 17.56% 16.45%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $151,595K ÷ $368,174K
= 41.17%

Qualys Inc's Return on Equity (ROE) has shown a generally positive trend over the past eight quarters, increasing from 22.53% in Q1 2022 to 43.49% in Q2 2023. This indicates that the company has been effectively utilizing its shareholders' equity to generate profits. The consistently high ROE above 20% suggests efficient management of the company's assets to generate earnings. The upward trend in ROE indicates improvement in the company's profitability and efficiency in generating returns for shareholders. Overall, the increasing trend in ROE over the quarters reflects positively on Qualys Inc's financial performance and management effectiveness.


Peer comparison

Dec 31, 2023