YOU

Technology

Clear Secure, Inc. · Software - Application · $6B

UQS Score — Balanced Preset
63.9
Good

Clear Secure, Inc. scores 63.9/100 using the Balanced preset.

UQS vs Technology Sector
YOU
63.9
Sector avg
38.0
Quality
Good
Moat
Neutral
Growth
Neutral
Risk
Good
Valuation
Good

What is Clear Secure, Inc.?

Clear Secure, Inc. operates a member-centric secure identity platform built around biometric verification. Headquartered in New York City and founded in 2010, the company serves consumers and enterprises across aviation, healthcare, and professional credentialing.

Clear Secure generates revenue primarily through subscription memberships — most visibly its CLEAR Plus service, which gives members access to dedicated, faster-moving lanes at airport security checkpoints. Beyond aviation, the platform links verified identities to a growing range of use cases. Its digital CLEAR app handles enrollment and ongoing member engagement, while enterprise-facing products like Reserve and Atlas Certified extend the platform into virtual queuing and professional license verification.

Clear Secure was founded in 2010 and is headquartered in New York City, New York.

  • CLEAR Plus — consumer aviation subscription with dedicated security lanes
  • CLEAR App — mobile enrollment and member engagement platform
  • Reserve powered by CLEAR — virtual queuing technology for venues
  • Atlas Certified — automated professional license and credential verification

Is YOU a Good Stock to Buy?

UQS Score rates YOU as Good overall, reflecting a balanced profile across the five quality pillars.

The Quality and Risk pillars both carry Good ratings, suggesting the business generates earnings with a degree of financial discipline and manages its risk profile better than many mid-cap technology peers. The Valuation pillar also reads as Good, meaning the stock does not appear obviously stretched relative to its fundamentals.

The Moat and Growth pillars both sit at Neutral, indicating that competitive differentiation and near-term expansion momentum are areas to watch rather than clear strengths at this stage.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does YOU pay dividends?

Yes — Clear Secure, Inc. pays a dividend.

Clear Secure does pay a regular dividend, which is relatively uncommon among mid-cap technology companies. This signals a degree of capital discipline and a willingness to return cash to shareholders alongside reinvestment in platform growth. Investors focused on income should verify the current yield and payment schedule directly through the company's investor relations page.

When does YOU report earnings?

Clear Secure reports earnings on a quarterly cadence, typical for US-listed equities.

The company's recent results have reflected ongoing membership growth in its aviation segment alongside early-stage contributions from enterprise identity products. Revenue trends have been shaped by both subscriber additions and average revenue per member dynamics, with profitability evolving as the platform scales.

For the most recent quarter's results and guidance, visit Clear Secure's investor relations page directly.

YOU Price History

+64.7% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Clear Secure, Inc.?

$
Today it would be worth
$22,306
That's a +123% total return, or +123% annualized.

Based on Clear Secure, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

YOU Long-term Outlook

The Neutral Growth pillar suggests the platform is expanding but has not yet demonstrated the kind of accelerating trajectory that would push it into a higher growth tier. The Good Risk rating provides some confidence that the business is not taking on excessive financial or operational risk as it pursues expansion. Valuation rated as Good means the current price appears to leave room for patient investors if the growth profile improves over time.

Growth drivers

  • Expansion of CLEAR Plus membership base across new airport and venue partners
  • Enterprise identity products like Atlas Certified addressing professional credentialing markets
  • Cross-platform engagement through the CLEAR app driving higher member retention

Key risks

  • Competitive pressure from government-issued digital identity programs and TSA PreCheck
  • Neutral Moat rating reflects limited pricing power if alternative verification solutions scale
  • Subscriber growth sensitivity to travel demand and macroeconomic conditions

YOU vs Peers

Clear Secure operates in the broader identity and data verification technology space, where it competes for enterprise and consumer attention alongside several technology platform companies.

SRADYOU scores higher
Sportradar Group AG

Sportradar focuses on sports data and integrity services rather than identity verification, competing with Clear Secure primarily for technology platform investment dollars.

ESTCYOU scores higher
Elastic N.V.

Elastic provides search and observability software that underpins data infrastructure, overlapping with Clear Secure in enterprise data platform conversations.

FROGYOU scores higher
JFrog Ltd.

JFrog specializes in software supply chain and DevOps tooling, competing in the enterprise software spend category rather than consumer identity directly.

Frequently Asked Questions

What does Clear Secure do?

Clear Secure operates a biometric identity platform that verifies who members are and links that identity to real-world access points. Its most recognized product is CLEAR Plus, which provides dedicated lanes at airport security checkpoints. The company also offers enterprise tools for professional credentialing and virtual queuing.

Does YOU pay dividends?

Yes, Clear Secure pays a regular dividend, which is relatively uncommon for a mid-cap technology company. The dividend reflects a degree of capital return discipline alongside continued platform investment. Check the company's investor relations page for the current yield and payment schedule.

When does YOU report earnings?

Clear Secure reports on a quarterly cadence, consistent with US-listed public companies. The company's investor relations page is the most reliable source for upcoming earnings dates and recent financial releases.

Is YOU a good stock to buy?

UQS Score rates YOU as Good overall, with Good ratings on Quality, Risk, and Valuation pillars. The Moat and Growth pillars sit at Neutral, meaning competitive differentiation and growth momentum are not yet standout strengths. The full pillar breakdown is available to Pro members.

Is YOU overvalued?

The UQS Valuation pillar for YOU is rated Good, suggesting the stock does not appear obviously overpriced relative to its fundamentals at the time of scoring. Valuation assessments can shift with market conditions, so reviewing the full metrics through a Pro account is worthwhile.

How does YOU compare to its competitors?

Clear Secure occupies a distinct niche in biometric consumer identity and enterprise credentialing. Compared to broader technology platform peers like Elastic and JFrog, Clear Secure's differentiation lies in its physical-world identity infrastructure rather than software tooling. The UQS comparison view is available on each competitor's page.

What is YOU's market cap bracket?

Clear Secure is classified as a mid-cap company. This places it in a tier where growth potential and institutional coverage are balanced — larger than early-stage technology names but without the scale of mega-cap platform businesses.

Who founded Clear Secure?

Clear Secure was founded in 2010. Information about the company's founding team is widely publicly available through its investor relations materials and corporate history disclosures.

Is YOU a long-term quality investment?

The UQS Score is designed as a long-term quality indicator rather than a short-term signal. YOU's Good overall rating — anchored by Good Quality and Risk pillars — suggests a reasonably sound foundation. The Neutral Moat rating is the key factor to monitor for long-term durability of competitive position.

What is the main competitive advantage of Clear Secure?

Clear Secure's primary advantage is its enrolled biometric member base and the physical infrastructure it has built across airports and venues. Replicating that network of partnerships and enrolled identities takes significant time and capital, which creates a degree of switching friction. The UQS Moat pillar currently rates this advantage as Neutral.

What sector does YOU belong to?

Clear Secure is classified in the Technology sector. Its business spans consumer identity subscriptions and enterprise data verification, placing it at the intersection of identity infrastructure and software-enabled services.

Is YOU a growth stock or value stock?

Based on UQS pillar labels, YOU sits in an in-between position. The Growth pillar is Neutral, meaning it is not a high-velocity growth story, while the Valuation pillar is Good rather than Attractive, suggesting it is not a deep-value play either. It may appeal most to quality-oriented investors.

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Pro Analysis

YOU — Score History

55606570Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 15 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 21, 202664.479.558.052.163.667.1-0.5
May 19, 202664.980.158.052.163.669.10.0
May 17, 202664.980.158.052.163.669.3+2.8
May 7, 202662.172.958.049.463.666.2-0.3
May 4, 202662.472.958.049.463.668.4-0.1
May 3, 202662.572.958.049.463.669.4-0.1
Apr 26, 202662.672.958.049.463.669.7-0.1
Apr 24, 202662.772.958.049.463.670.40.0
Apr 19, 202662.772.958.049.263.670.3-0.3
Apr 18, 202663.072.958.049.263.672.3-1.1

YOU — Pillar Breakdown

Quality

76.9/100 (25%)

Clear Secure, Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.

Capital Efficiency (ROIC)Strong

How effectively capital is deployed to generate returns.

Return on EquityStrong

Profitability relative to shareholders' equity.

Operating ProfitabilityModerate

Ability to convert revenue into operating profit.

Net ProfitabilityModerate

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

52.1/100 (20%)

Clear Secure, Inc. shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRModerate

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookModerate

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

63.6/100 (15%)

Clear Secure, Inc. maintains a reasonable risk profile with manageable debt levels.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

67.8/100 (15%)

Clear Secure, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorModerate

Enterprise value multiple relative to sector median.

Moat

58/100 (25%)

Clear Secure, Inc. has meaningful competitive advantages that should protect its market position. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for YOU.

Score Composition

Quality
76.9×25%19.2
Growth
52.1×20%10.4
Risk
63.6×15%9.5
Valuation
67.8×15%10.2
Moat
58.0×25%14.5
Total
63.9Good

Financial Data

More Stock Analysis

How is the YOU UQS Score Calculated?

The UQS (Unified Quality Score) for Clear Secure, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Clear Secure, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Clear Secure, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.