Clear Secure Inc (YOU)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	80,365	72,246	52,138	28,108	2,806	-49,304	-60,470	-65,573	-105,654	-85,805	-80,654
Total stockholders’ equity	US$ in thousands	128,970	153,536	165,866	233,329	275,904	266,931	296,774	291,065	291,668	290,190	279,638	277,613	286,284	62,641
ROE		62.31%	47.05%	31.43%	12.05%	1.02%	-18.47%	-20.38%	-22.53%	-36.22%	-29.57%	-28.84%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $80,365K ÷ $128,970K
= 62.31%

Clear Secure Inc's return on equity (ROE) has shown significant improvement over the past few quarters, with the latest reported ROE of 62.31% as of September 30, 2024, indicating a strong profitability performance. This marks a clear upward trend from negative ROE figures seen in earlier periods, such as -18.47% in June 2023 and -20.38% in March 2023.

The positive trend in ROE suggests that Clear Secure Inc has been able to generate higher profits relative to its shareholder equity, reflecting efficient management of assets to drive earnings growth. The substantial increase in ROE from 12.05% in December 2023 to 62.31% in September 2024 indicates a notable improvement in the company's financial performance and efficiency.

Overall, the improving trend in ROE demonstrates Clear Secure Inc's ability to generate stronger returns for shareholders and signifies positive developments in the company's operational performance and profitability over the analyzed period.