Stock Analysis on Net

Roper Technologies Inc. (NASDAQ:ROP)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Adjustments to Financial Statements

Microsoft Excel

Adjustments to Current Assets

Roper Technologies Inc., adjusted current assets

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Current assets 1,932,400 2,421,100 1,752,300 1,999,500 1,610,700
Adjustments
Add: Allowance for doubtful accounts and sales allowances 16,600 19,700 29,100 20,300 23,100
After Adjustment
Adjusted current assets 1,949,000 2,440,800 1,781,400 2,019,800 1,633,800

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Adjustments to Total Assets

Roper Technologies Inc., adjusted total assets

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Total assets 26,980,800 23,713,900 24,024,800 18,108,900 15,249,500
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1 251,977
Add: Allowance for doubtful accounts and sales allowances 16,600 19,700 29,100 20,300 23,100
Less: Deferred tax assets2 55,900 101,100 104,000 95,600 52,200
After Adjustment
Adjusted total assets 26,941,500 23,632,500 23,949,900 18,033,600 15,472,377

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

2 Deferred tax assets. See details »


Adjustments to Current Liabilities

Roper Technologies Inc., adjusted current liabilities

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Current liabilities 2,892,500 3,121,800 2,444,400 2,397,400 1,448,200
Adjustments
Less: Current deferred revenue 1,370,700 1,130,200 994,600 831,800 677,900
After Adjustment
Adjusted current liabilities 1,521,800 1,991,600 1,449,800 1,565,600 770,300

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Adjustments to Total Liabilities

Roper Technologies Inc., adjusted total liabilities

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Total liabilities 10,943,000 12,150,100 13,545,000 8,617,000 7,511,000
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)1 251,977
Less: Deferred tax liabilities2 1,676,800 1,479,500 1,562,500 1,108,100 931,100
Less: Deferred revenue 1,482,200 1,205,500 1,037,700 865,000 707,700
After Adjustment
Adjusted total liabilities 7,784,000 9,465,100 10,944,800 6,643,900 6,124,177

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Deferred tax liabilities. See details »


Adjustments to Stockholders’ Equity

Roper Technologies Inc., adjusted stockholders’ equity

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Stockholders’ equity 16,037,800 11,563,800 10,479,800 9,491,900 7,738,500
Adjustments
Less: Net deferred tax assets (liabilities)1 (1,620,900) (1,378,400) (1,458,500) (1,012,500) (878,900)
Add: Allowance for doubtful accounts and sales allowances 16,600 19,700 29,100 20,300 23,100
Add: Deferred revenue 1,482,200 1,205,500 1,037,700 865,000 707,700
After Adjustment
Adjusted stockholders’ equity 19,157,500 14,167,400 13,005,100 11,389,700 9,348,200

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Net deferred tax assets (liabilities). See details »


Adjustments to Capitalization Table

Roper Technologies Inc., adjusted capitalization table

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Current portion of long-term debt, net 699,200 799,200 502,000 602,200 1,500
Long-term debt, net of current portion 5,962,500 7,122,600 9,064,500 4,673,100 4,940,200
Total reported debt 6,661,700 7,921,800 9,566,500 5,275,300 4,941,700
Stockholders’ equity 16,037,800 11,563,800 10,479,800 9,491,900 7,738,500
Total reported capital 22,699,500 19,485,600 20,046,300 14,767,200 12,680,200
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)1 251,977
Add: Current operating lease liabilities2 46,400 51,400 65,100 56,800
Add: Noncurrent operating lease liabilities (included in Other liabilities)3 164,200 180,900 219,200 220,000
Adjusted total debt 6,872,300 8,154,100 9,850,800 5,552,100 5,193,677
Adjustments to Equity
Less: Net deferred tax assets (liabilities)4 (1,620,900) (1,378,400) (1,458,500) (1,012,500) (878,900)
Add: Allowance for doubtful accounts and sales allowances 16,600 19,700 29,100 20,300 23,100
Add: Deferred revenue 1,482,200 1,205,500 1,037,700 865,000 707,700
Adjusted stockholders’ equity 19,157,500 14,167,400 13,005,100 11,389,700 9,348,200
After Adjustment
Adjusted total capital 26,029,800 22,321,500 22,855,900 16,941,800 14,541,877

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Current operating lease liabilities. See details »

3 Noncurrent operating lease liabilities (included in Other liabilities). See details »

4 Net deferred tax assets (liabilities). See details »


Adjustments to Revenues

Roper Technologies Inc., adjusted net revenues

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Net revenues 5,371,800 5,777,800 5,527,100 5,366,800 5,191,200
Adjustment
Add: Increase (decrease) in deferred revenue 306,000 172,600 172,700 157,300 109,500
After Adjustment
Adjusted net revenues 5,677,800 5,950,400 5,699,800 5,524,100 5,300,700

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Adjustments to Reported Income

Roper Technologies Inc., adjusted net earnings

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
As Reported
Net earnings 4,544,700 1,152,600 949,700 1,767,900 944,400
Adjustments
Add: Deferred income tax expense (benefit)1 (173,200) 6,500 (57,600) (90,200) (62,700)
Add: Increase (decrease) in allowance for doubtful accounts and sales allowances 900 (8,400) 8,800 (2,800) 10,400
Add: Increase (decrease) in deferred revenue 306,000 172,600 172,700 157,300 109,500
Less: Net earnings from discontinued operations 3,559,100 170,000
Add: Other comprehensive income (loss), net of tax (3,900) (36,100) 65,800 30,500 (57,100)
After Adjustment
Adjusted net earnings 1,115,400 1,117,200 1,139,400 1,862,700 944,500

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Deferred income tax expense (benefit). See details »