Qualys Inc (QLYS)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 137,783 | 179,252 | 177,893 | 172,652 | 163,069 | 152,273 | 142,024 | 123,619 | 121,976 | 120,352 | 118,983 | 123,923 | 88,185 | 84,233 | 78,559 | 74,705 | 97,339 | 93,552 | 89,798 | 80,398 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 28.88% | 39.87% | 41.58% | 42.71% | 44.29% | 47.16% | 51.27% | 46.16% | 42.19% | 33.88% | 29.98% | 29.05% | 20.19% | 20.90% | 19.99% | 18.81% | 24.07% | 23.37% | 22.02% | 20.79% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $137,783K ÷ ($—K + $477,116K)
= 28.88%
Qualys Inc has shown a fluctuating trend in its return on total capital over the years. The company's return on total capital ranged from 20.79% in March 2020 to a peak of 51.27% in June 2023. This indicates that the company was effectively utilizing its capital to generate returns for its stakeholders during that period. However, the return on total capital started to decline after June 2023, with the percentage dropping to 28.88% by December 2024.
It is worth noting that the return on total capital saw a significant increase in the most recent period, reaching 39.87% in September 2024 after the decline in the previous quarters. This rebound suggests that the company may have implemented strategic changes to enhance its capital efficiency.
Overall, Qualys Inc's return on total capital demonstrates variability over time, reflecting fluctuations in the company's profitability and capital management strategies. Investors and stakeholders may want to closely monitor future financial performance to assess the company's ability to sustain and improve its return on total capital.
Peer comparison
Dec 31, 2024