Clear Secure Inc (YOU)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	169,676	28,108	-115,436	-115,171	-9,310
Total assets	US$ in thousands	1,194,930	1,045,010	1,037,520	812,750	232,268
ROA		14.20%	2.69%	-11.13%	-14.17%	-4.01%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $169,676K ÷ $1,194,930K
= 14.20%

Clear Secure Inc's return on assets (ROA) has shown significant fluctuations over the past five years. In December 31, 2020, the ROA was -4.01%, indicating that the company was not efficiently utilizing its assets to generate profits. This negative trend worsened in December 31, 2021, with ROA dropping to -14.17%, suggesting a further decline in asset efficiency.

However, there was a noticeable improvement in December 31, 2023, with ROA turning positive at 2.69%. This improvement indicates that Clear Secure Inc was able to generate a modest profit relative to its assets during that period. In December 31, 2024, the company's ROA surged to 14.20%, signaling a substantial enhancement in asset utilization and profitability.

Overall, Clear Secure Inc's ROA has shown a mixed performance over the years, with significant variations in asset efficiency and profitability. It is essential for the company to sustain and build upon the positive momentum observed in the latter years to ensure continued financial success.