VeriSign Inc (VRSN)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | -1,581,000 | -1,562,200 | -1,260,500 | -1,390,200 | -1,490,100 |
ROE | — | — | — | — | — |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $817,600K ÷ $-1,581,000K
= —
To calculate Verisign Inc.'s return on equity (ROE) for each year, we need data on net income and average shareholders' equity. ROE is a measure of a company's profitability relative to its shareholders' equity. It shows how effectively the company is generating profits from the equity invested by its shareholders.
Without specific figures for net income and shareholders' equity, we cannot calculate the ROE for Verisign Inc. for the years presented in the table. However, ROE is a key financial metric that investors analyze to assess a company's ability to generate returns on the equity invested in the business.
To gain a deeper insight into Verisign Inc.'s financial performance, stakeholders should review the company's net income and shareholders' equity figures for each year and compute the ROE to evaluate the company's profitability and efficiency in utilizing shareholder funds. A consistently high ROE indicates efficient management of equity capital, while a declining ROE may signal potential issues that require further investigation.
Peer comparison
Dec 31, 2023