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.