VeriSign Inc (VRSN)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 1,058,200 | 1,050,700 | 1,035,700 | 1,018,200 | 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 |
Total assets | US$ in thousands | 1,406,500 | 1,462,000 | 1,505,100 | 1,727,800 | 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 |
Operating ROA | 75.24% | 71.87% | 68.81% | 58.93% | 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% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,058,200K ÷ $1,406,500K
= 75.24%
VeriSign Inc's operating return on assets (operating ROA) has exhibited a positive upward trend over the specified periods, reflecting the company's ability to generate income relative to its asset base. The operating ROA started at 46.31% as of March 31, 2020, and generally increased quarter over quarter, reaching its peak at 75.24% by December 31, 2024.
The consistent improvement in operating ROA indicates that VeriSign Inc has been effectively utilizing its assets to drive operational performance and profitability. Higher operating ROA values typically suggest that the company is efficiently converting its investments in assets into operating income.
Investors and stakeholders often view a rising operating ROA positively as it signifies a potentially healthier and more profitable company. However, it is essential to consider other financial metrics and industry benchmarks to get a comprehensive understanding of VeriSign Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024