Qualys Inc (QLYS)

Return on equity (ROE)

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 stockholders’ equity US$ in thousands 477,116 449,595 427,795 404,202 368,174 322,917 277,018 267,822 289,129 355,186 396,838 426,635 436,714 402,986 392,995 397,108 404,482 400,299 407,774 386,730
ROE 36.40% 37.88% 39.88% 40.13% 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%

December 31, 2024 calculation

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

Qualys Inc's return on equity (ROE) has shown fluctuations over the past several quarters. The ROE increased from around 19% in March 2020 to almost 44% by June 2023, indicating a significant improvement in the company's profitability in relation to shareholder equity during this period.

However, the ROE declined in the subsequent quarters, reaching around 36% by December 2024. Despite the decrease, the ROE remains relatively high, indicating that Qualys Inc continues to generate strong returns for its shareholders in relation to the equity invested in the company.

Overall, Qualys Inc's ROE trend suggests that the company has been efficiently utilizing its equity to generate profits, although there have been some fluctuations in performance over the quarters analyzed. It is important for stakeholders to monitor these changes and assess the factors contributing to the variations in ROE to gain a comprehensive understanding of the company's financial health and performance.