Clear Secure Inc (YOU)

Return on assets (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
Net income (ttm)	US$ in thousands	169,676	80,365	72,246	56,583	29,504	-3,231	-84,136	-99,747	-110,268	-108,671	-60,027	-54,876	-49,210	-23,593	4,465	28,815	-9,310
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
ROA		14.20%	9.36%	7.35%	5.56%	2.82%	-0.30%	-7.75%	-9.12%	-10.63%	-12.14%	-6.72%	-6.43%	-6.05%	-3.05%	1.47%	9.56%	-4.01%

December 31, 2024 calculation

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

Clear Secure Inc's return on assets (ROA) has shown fluctuations over the past few years. Starting from December 31, 2020, where the ROA was -4.01%, there was a significant improvement by March 31, 2021, with a ROA of 9.56%. However, this positive trend was short-lived as the ROA decreased to 1.47% by June 30, 2021.

Subsequently, there were further declines in ROA for the following quarters leading up to September 30, 2022, where the ROA hit a low of -12.14%. This downward trend continued until December 31, 2023, where the ROA improved slightly to 2.82%.

From March 31, 2024, onwards, Clear Secure Inc began to see a consistent improvement in its ROA, reaching 14.20% by December 31, 2024. This positive performance in ROA indicates that Clear Secure Inc's assets are generating a higher return, which could be a result of improved efficiency or profitability in the company's operations.