Clear Secure Inc (YOU) - Net Assets
Based on the latest financial reports, Clear Secure Inc (YOU) has net assets worth $166.00 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.13 Billion) and total liabilities ($959.75 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Clear Secure Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $166.00 Million |
| % of Total Assets | 14.75% |
| Annual Growth Rate | 9.39% |
| 5-Year Change | 188.92% |
| 10-Year Change | N/A |
| Growth Volatility | 233.84 |
Clear Secure Inc - Net Assets Trend (2019–2024)
This chart illustrates how Clear Secure Inc's net assets have evolved over time, based on quarterly financial data. Also explore Clear Secure Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Clear Secure Inc (2019–2024)
The table below shows the annual net assets of Clear Secure Inc from 2019 to 2024. For live valuation and market cap data, see Clear Secure Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $237.94 Million | -35.56% |
| 2023-12-31 | $369.22 Million | -27.73% |
| 2022-12-31 | $510.92 Million | -5.29% |
| 2021-12-31 | $539.47 Million | +555.05% |
| 2020-12-31 | $82.36 Million | -45.78% |
| 2019-12-31 | $151.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clear Secure Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 37513200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $83.78 Million | 42.24% |
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $343.00K | 0.17% |
| Other Components | $114.23 Million | 57.59% |
| Total Equity | $198.35 Million | 100.00% |
Clear Secure Inc Competitors by Market Cap
The table below lists competitors of Clear Secure Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MDU Resources Group Inc
NYSE:MDU
|
$4.40 Billion |
|
RadNet Inc
NASDAQ:RDNT
|
$4.40 Billion |
|
Suven Pharmaceuticals Limited
NSE:SUVENPHAR
|
$4.40 Billion |
|
KONINKLIJKE VOP.UNSP.ADR
F:VPK
|
$4.40 Billion |
|
Charoen Pokphand Foods Public Company Limited
F:NVAV
|
$4.39 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
$4.39 Billion |
|
Northland Power Inc.
TO:NPI
|
$4.39 Billion |
|
AURA MINERALS INC. O.N.
F:A531
|
$4.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clear Secure Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 233,329,000 to 198,353,000, a change of -34,976,000 (-15.0%).
- Net income of 169,676,000 contributed positively to equity growth.
- Dividend payments of 93,368,000 reduced retained earnings.
- Share repurchases of 272,920,000 reduced equity.
- Other comprehensive income decreased equity by 1,707,000.
- Other factors increased equity by 163,343,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $169.68 Million | +85.54% |
| Dividends Paid | $93.37 Million | -47.07% |
| Share Repurchases | $272.92 Million | -137.59% |
| Other Comprehensive Income | $-1.71 Million | -0.86% |
| Other Changes | $163.34 Million | +82.35% |
| Total Change | $- | -14.99% |
Book Value vs Market Value Analysis
This analysis compares Clear Secure Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 40.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 26.60x to 40.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $2.07 | $54.98 | x |
| 2020-12-31 | $1.26 | $54.98 | x |
| 2021-12-31 | $3.59 | $54.98 | x |
| 2022-12-31 | $3.54 | $54.98 | x |
| 2023-12-31 | $2.55 | $54.98 | x |
| 2024-12-31 | $1.37 | $54.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clear Secure Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 85.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.02%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 6.02x
- Recent ROE (85.54%) is above the historical average (2.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -35.69% | -28.20% | 0.60x | 2.10x | $-69.41 Million |
| 2020 | -11.30% | -4.03% | 0.99x | 2.82x | $-17.55 Million |
| 2021 | -13.00% | -14.21% | 0.31x | 2.93x | $-63.84 Million |
| 2022 | -22.53% | -14.99% | 0.42x | 3.56x | $-94.68 Million |
| 2023 | 12.05% | 4.58% | 0.59x | 4.48x | $4.78 Million |
| 2024 | 85.54% | 22.02% | 0.64x | 6.02x | $149.84 Million |
Industry Comparison
This section compares Clear Secure Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,053,721,914
- Average return on equity (ROE) among peers: -264.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clear Secure Inc (YOU) | $166.00 Million | -35.69% | 5.78x | $4.40 Billion |
| Adobe Systems Incorporated (ADBE) | $224.60 Million | 19.41% | 0.25x | $93.73 Billion |
| ADEIA CORP (ADEA) | $1.45 Billion | 10.11% | 0.86x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $2.32 Billion | 19.64% | 0.66x | $76.36 Billion |
| Autodesk Inc (ADSK) | $1.31 Billion | 14.01% | 0.85x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $130.78 Million | 13.07% | 0.44x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $109.00K | -2388.07% | 23.23x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $408.76 Million |
| Alkami Technology Inc (ALKT) | $14.64 Million | -285.93% | 2.60x | $1.72 Billion |
About Clear Secure Inc
Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform, a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in … Read more