VeriSign Inc (VRSN)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | -1,957,900 | -1,581,000 | -1,562,200 | -1,260,500 | -1,390,200 |
ROE | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $785,700K ÷ $-1,957,900K
= —
Based on the provided data, VeriSign Inc's return on equity (ROE) for the years 2020 to 2024 is not available as it is marked as "—". This lack of ROE data prevents a detailed analysis of the company's profitability and efficiency in generating returns for its shareholders during this period.
ROE is a key financial ratio that measures a company's ability to generate profits from the equity invested by its shareholders. A consistently high ROE indicates efficient utilization of shareholder funds and strong profitability, while a declining or negative ROE may signify performance challenges or ineffective capital allocation.
Without specific ROE figures for VeriSign Inc between 2020 and 2024, it is challenging to assess the company's performance in terms of generating returns for its shareholders. Further analysis of the company's financial statements and operational performance would be required to gain a deeper understanding of its profitability and efficiency during the specified years.
Peer comparison
Dec 31, 2024