VeriSign Inc (VRSN)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	817,600	673,800	784,830	814,888	612,299
Total assets	US$ in thousands	1,749,000	1,733,400	1,983,800	1,766,910	1,854,010
ROA		46.75%	38.87%	39.56%	46.12%	33.03%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $817,600K ÷ $1,749,000K
= 46.75%

Verisign Inc.'s return on assets (ROA) has shown an upward trend over the past five years, ranging from 33.03% in 2019 to 46.75% in 2023. This indicates the company's ability to generate profits relative to its total assets has been improving over time. The consistently high ROA values suggest that Verisign is utilizing its assets efficiently to generate earnings. The significant increase from 2022 to 2023 (from 38.87% to 46.75%) demonstrates a notable improvement in the company's asset utilization and profitability in the most recent year. Overall, Verisign Inc. has been successful in maximizing returns from its assets, showcasing effective management and operational performance.