VeriSign Inc (VRSN)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 1,000,600 | 989,800 | 972,300 | 959,600 | 943,100 | 919,700 | 904,200 | 881,200 | 866,800 | 849,207 | 834,556 | 828,336 | 824,200 | 818,259 | 817,226 | 812,139 | 806,127 | 801,527 | 790,908 | 782,225 |
Total assets | US$ in thousands | 1,749,000 | 1,695,900 | 1,677,200 | 1,757,000 | 1,733,400 | 1,744,400 | 1,762,500 | 1,973,200 | 1,983,800 | 1,814,710 | 1,741,380 | 1,782,900 | 1,766,910 | 1,764,310 | 1,820,130 | 1,753,860 | 1,854,010 | 1,886,730 | 1,889,900 | 1,919,680 |
Operating ROA | 57.21% | 58.36% | 57.97% | 54.62% | 54.41% | 52.72% | 51.30% | 44.66% | 43.69% | 46.80% | 47.92% | 46.46% | 46.65% | 46.38% | 44.90% | 46.31% | 43.48% | 42.48% | 41.85% | 40.75% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,000,600K ÷ $1,749,000K
= 57.21%
Verisign Inc.'s operating Return on Assets (ROA) has shown a consistent positive trend over the past year. The company's operating ROA ranged from 44.66% in Q1 2022 to 58.36% in Q3 2023, indicating efficient utilization of its assets to generate operating income. The highest operating ROA was recorded in Q3 2023 at 58.36%, reflecting strong operational efficiency. The operating ROA has generally been on an upward trajectory, with occasional fluctuations within a relatively narrow range. This positive trend suggests that Verisign Inc. has been effectively managing its assets to generate profits from its core operations.
Peer comparison
Dec 31, 2023