VeriSign Inc (VRSN)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,094,100 | 1,086,600 | 1,074,200 | 1,057,900 | 1,037,700 | 1,026,900 | 1,001,200 | 977,400 | 949,900 | 926,500 | 906,200 | 879,600 | 865,300 | 847,707 | 833,731 | 836,914 | 839,462 | 833,521 | 842,211 | 841,157 |
| Long-term debt | US$ in thousands | 1,492,500 | 1,492,200 | 1,791,300 | 1,790,700 | 1,790,200 | 1,789,600 | 1,789,000 | 1,788,500 | 1,787,900 | 1,787,400 | 1,786,800 | 1,786,300 | 1,785,700 | 1,785,150 | 1,784,650 | 1,790,710 | 1,790,080 | 1,789,450 | 1,788,820 | 1,788,190 |
| Total stockholders’ equity | US$ in thousands | -1,957,900 | -1,900,600 | -1,816,400 | -1,635,700 | -1,581,000 | -1,633,400 | -1,617,900 | -1,593,800 | -1,562,200 | -1,542,400 | -1,455,000 | -1,285,100 | -1,260,500 | -1,417,600 | -1,417,900 | -1,403,800 | -1,390,200 | -1,386,250 | -1,400,320 | -1,409,110 |
| Return on total capital | — | — | — | 682.52% | 496.03% | 657.43% | 585.15% | 502.00% | 420.87% | 378.16% | 273.12% | 175.50% | 164.76% | 230.64% | 227.33% | 216.31% | 209.93% | 206.73% | 216.79% | 221.89% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,094,100K ÷ ($1,492,500K + $-1,957,900K)
= —
VeriSign Inc's return on total capital has shown significant fluctuations over the past few years. The company's return on total capital was exceptionally high at the end of December 2023, reaching 496.03%. However, this was followed by a substantial increase in the subsequent quarters, with returns reaching 682.52% by the end of March 2024. This upward trend indicates efficient utilization of both debt and equity to generate profits.
It is important to note that there is missing data for the return on total capital for the quarters ending June 30, September 30, and December 31, 2024, as indicated by the symbols "—". These missing values could be due to various reasons, such as data collection issues or changes in reporting practices.
Overall, VeriSign Inc's return on total capital has demonstrated a strong performance in recent quarters, showcasing the company's ability to generate returns relative to the total capital employed in its operations. This metric reflects the company's effectiveness in generating profits from its investments and is an important indicator of financial performance and operational efficiency.
Peer comparison
Dec 31, 2024