Clear Secure Inc (YOU)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	123,191	104,813	89,005	58,885	20,138	-27,573	-112,552	-125,891	-129,064	-128,593	-95,489	-120,113	-114,933	-83,438	-40,160	19,863	-18,929
Total assets	US$ in thousands	1,194,930	858,577	982,382	1,017,040	1,045,010	1,061,960	1,085,900	1,093,590	1,037,520	894,791	893,876	854,055	812,750	773,226	303,795	301,502	232,268
Operating ROA		10.31%	12.21%	9.06%	5.79%	1.93%	-2.60%	-10.36%	-11.51%	-12.44%	-14.37%	-10.68%	-14.06%	-14.14%	-10.79%	-13.22%	6.59%	-8.15%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $123,191K ÷ $1,194,930K
= 10.31%

Clear Secure Inc's operating return on assets (operating ROA) has fluctuated significantly over the period from December 31, 2020, to December 31, 2024. The company started with a negative operating ROA of -8.15% on December 31, 2020, but then showed improvement over time, reaching a positive operating ROA of 10.31% on December 31, 2024.

There were periods of both positive and negative operating ROA within this timeframe, indicating fluctuations in the company's operational efficiency and profitability. The highest point was seen on December 31, 2024, at 10.31%, while the lowest point was on December 31, 2022, at -14.14%.

Overall, Clear Secure Inc's operating ROA trended positively from negative values to positive values, showcasing an improvement in utilizing its assets to generate operating profits. This indicates the company's management may have implemented strategies to enhance operational efficiency and profitability during the period under review.