VeriSign Inc (VRSN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 785,700 | 817,600 | 673,800 | 784,830 | 814,888 |
| Total assets | US$ in thousands | 1,406,500 | 1,749,000 | 1,733,400 | 1,983,800 | 1,766,910 |
| ROA | 55.86% | 46.75% | 38.87% | 39.56% | 46.12% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $785,700K ÷ $1,406,500K
= 55.86%
VeriSign Inc's return on assets (ROA) has shown a positive trend over the years, starting at 46.12% on December 31, 2020, and gradually increasing to 55.86% on December 31, 2024. This indicates that the company has been effectively utilizing its assets to generate profits. A high ROA signifies that VeriSign Inc is efficient in generating earnings from its assets, which is a positive signal for investors and stakeholders. Overall, the increasing trend in ROA reflects the company's ability to generate strong returns relative to its asset base, showcasing sound operational performance and effective asset management.
Peer comparison
Dec 31, 2024