VeriSign Inc (VRSN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 86.79% | 86.55% | 86.28% | 86.14% | 85.91% | 85.71% | 85.63% | 85.52% | 85.55% | 85.58% | 85.61% | 85.77% | 85.76% | 85.61% | 85.55% | 85.41% | 85.35% | 85.16% | 84.81% | 84.49% |
| Operating profit margin | 67.01% | 66.79% | 66.48% | 66.53% | 66.19% | 65.88% | 65.84% | 65.23% | 65.29% | 64.94% | 64.63% | 64.91% | 65.15% | 65.18% | 65.60% | 65.61% | 65.45% | 65.24% | 64.52% | 64.01% |
| Pretax margin | 65.40% | 64.59% | 63.69% | 62.93% | 61.77% | 60.98% | 60.51% | 59.24% | 58.92% | 58.25% | 57.61% | 58.59% | 59.30% | 59.93% | 61.08% | 61.38% | 61.61% | 65.74% | 64.65% | 62.75% |
| Net profit margin | 54.76% | 49.42% | 48.78% | 48.18% | 47.29% | 59.06% | 59.09% | 58.62% | 59.12% | 46.80% | 48.51% | 49.46% | 64.41% | 64.20% | 63.32% | 63.33% | 49.71% | 52.60% | 51.38% | 49.98% |
Verisign Inc. has shown consistently high profitability ratios over the quarters. The gross profit margin has been steadily increasing from 85.91% in Q4 2022 to 86.79% in Q4 2023, indicating effective cost management and pricing strategies.
Similarly, the operating profit margin has shown a positive trend, improving from 65.88% in Q3 2022 to 67.01% in Q4 2023. This suggests that Verisign has been able to control its operating expenses while generating higher revenues.
The pretax margin has also exhibited growth, reflecting the company's ability to efficiently manage its costs and maximize pre-tax profits. From 59.24% in Q1 2022, the margin has increased to 65.40% in Q4 2023.
Furthermore, the net profit margin, which indicates the efficiency of Verisign in converting revenue into net profit, has been consistently high. Despite slight fluctuations, the margin has generally remained strong, ranging from 47.29% to 54.76% over the quarters.
In conclusion, Verisign Inc. has demonstrated a robust financial performance reflected in its profitability ratios, showcasing efficient cost control measures and effective revenue generation strategies.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 46.75% | 43.19% | 42.54% | 39.56% | 38.87% | 47.26% | 46.04% | 40.13% | 39.56% | 33.73% | 35.97% | 35.40% | 46.12% | 45.68% | 43.34% | 44.70% | 33.03% | 34.25% | 33.33% | 31.82% |
| Return on total capital | 496.03% | 657.43% | 585.15% | 502.00% | 420.87% | 378.16% | 273.12% | 175.50% | 164.76% | 230.64% | 227.33% | 216.31% | 209.93% | 206.73% | 216.79% | 221.89% | 282.48% | 249.44% | 227.19% | 211.05% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Verisign Inc.'s profitability ratios have been consistently strong over the quarters analyzed. The operating return on assets (Operating ROA) has shown an upward trend, reaching a high of 58.36% in Q3 2023. This indicates that the company is efficiently utilizing its assets to generate operating income.
The Return on assets (ROA) has also demonstrated positive performance, consistently above 38% in each quarter. This metric peaked at 47.26% in Q3 2022, reflecting the company's ability to generate net income relative to its total assets.
Verisign Inc.'s Return on total capital has displayed substantial growth, with a significant increase from 175.82% in Q1 2022 to 633.67% in Q3 2023. This suggests that the company's operational efficiency and profitability have improved significantly over the quarters analyzed.
Unfortunately, data for Return on equity (ROE) is missing, restricting a comprehensive assessment of the company's profitability from an equity perspective. Overall, the profitability ratios indicate that Verisign Inc. has been effectively utilizing its assets and capital to generate favorable returns for its investors.