VeriSign Inc (VRSN)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 785,700 | 858,900 | 846,100 | 833,000 | 817,600 | 732,400 | 713,400 | 695,000 | 673,800 | 824,430 | 811,530 | 791,930 | 784,830 | 612,014 | 626,393 | 631,172 | 814,888 | 805,899 | 788,833 | 783,888 |
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 |
ROA | 55.86% | 58.75% | 56.22% | 48.21% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $785,700K ÷ $1,406,500K
= 55.86%
VeriSign Inc has shown a consistent and favorable trend in its Return on Assets (ROA) over the past few years. The ROA has ranged from a low of 33.73% in September 30, 2021, to a high of 58.75% in September 30, 2024. This indicates that the company has been effectively utilizing its assets to generate profits for its shareholders.
The ROA increased steadily from March 31, 2022, to December 31, 2024, with the highest increase recorded in June 30, 2024, and September 30, 2024. This suggests that VeriSign Inc has been successful in improving its asset efficiency and profitability during this period.
Overall, the upward trend in ROA demonstrates the company's ability to generate higher returns relative to its assets, which is a positive indicator of its financial health and operational efficiency. However, it's important to continue monitoring this metric to ensure sustained performance in the future.
Peer comparison
Dec 31, 2024