Qualys Inc (QLYS)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 163,069 | 133,700 | 89,397 | 102,046 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 477,116 | 368,174 | 289,129 | 436,714 | 404,482 |
| Return on total capital | 0.00% | 44.29% | 46.24% | 20.47% | 25.23% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $477,116K)
= 0.00%
Qualys Inc's return on total capital has shown fluctuations over the years. The return on total capital was 25.23% as of December 31, 2020, declining to 20.47% by December 31, 2021. However, there was a significant improvement in the following years, with the return on total capital rising to 46.24% by December 31, 2022, and further increasing to 44.29% by December 31, 2023.
It is worth noting that there was a sharp decline to 0.00% by December 31, 2024, which may warrant further investigation into the factors contributing to this sudden drop. Overall, while Qualys Inc demonstrated strong returns on total capital in the earlier years of the period under review, the significant decline in the most recent year suggests potential challenges or changes in the company's capital utilization efficiency. This trend highlights the importance of monitoring and analyzing return on total capital as a key indicator of financial performance and capital allocation effectiveness.
Peer comparison
Dec 31, 2024