VeriSign Inc (VRSN)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	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	612,299	646,169	629,936	610,753
Total assets	US$ in thousands	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	1,854,010	1,886,730	1,889,900	1,919,680
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%

December 31, 2023 calculation

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

Verisign Inc.'s return on assets (ROA) has shown consistency and improvement over the past three quarters of 2023 compared to the same period in 2022. The ROA has ranged from 39.56% in Q1 2023 to 46.75% in Q4 2023, indicating a strong performance in utilizing its assets to generate profit. This trend is encouraging as it suggests the company is effectively managing its assets to generate higher returns for its shareholders. Additionally, the ROA figures for 2023 are generally higher than those in 2022, showcasing an upward trajectory in the company's asset efficiency and profitability. Overall, Verisign Inc.'s ROA performance reflects a solid operational performance and financial health during the period under review.