Clear Secure Inc (YOU)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 123,191 | 20,138 | -129,064 | -114,933 | -18,929 |
| Total assets | US$ in thousands | 1,194,930 | 1,045,010 | 1,037,520 | 812,750 | 232,268 |
| Operating ROA | 10.31% | 1.93% | -12.44% | -14.14% | -8.15% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $123,191K ÷ $1,194,930K
= 10.31%
Clear Secure Inc's operating return on assets (Operating ROA) has shown a significant improvement from -8.15% as of December 31, 2020, to 10.31% as of December 31, 2024. This indicates that the company's operating income generated from its assets has been increasing over the years, reflecting better operational efficiency and profitability.
The negative Operating ROA figures in the years 2020 to 2023 (-8.15%, -14.14%, -12.44%, and 1.93%, respectively) suggest that the company might have faced challenges in utilizing its assets effectively to generate operating profits during those periods. However, the positive trend observed from 2023 onwards indicates a turnaround and improvement in performance.
It is essential for Clear Secure Inc to sustain this positive momentum in its Operating ROA to demonstrate long-term profitability and efficiency in utilizing its assets. Monitoring and enhancing operational performance will be crucial for the company's continued success and financial health.
Peer comparison
Dec 31, 2024