VeriSign Inc (VRSN)

Operating return on assets (Operating ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	1,000,600	943,100	866,800	824,200	806,127
Total assets	US$ in thousands	1,749,000	1,733,400	1,983,800	1,766,910	1,854,010
Operating ROA		57.21%	54.41%	43.69%	46.65%	43.48%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $1,000,600K ÷ $1,749,000K
= 57.21%

Verisign Inc.'s operating return on assets (ROA) has demonstrated a positive trend over the past five years. The operating ROA increased from 43.48% in 2019 to 57.21% in 2023, reflecting an improvement in the company's ability to generate operating profit relative to its total assets. This signifies efficient asset utilization and operational performance.

The consistent upward trajectory of the operating ROA indicates the company's effectiveness in managing its assets to generate operating income. The significant rise in 2023 compared to the previous years highlights Verisign's enhanced operational efficiency and profitability during that period.

Overall, the trend in Verisign Inc.'s operating ROA suggests a favorable performance in terms of utilizing its assets to generate operating profits, showcasing the company's robust operational framework and management efficiency. This positive trend may indicate a healthy financial position and sustainable growth prospects for the company.