Analysis of Geographic Areas
Roper Technologies Inc. operates in 2 regions: United States and Non-U.S..
Area Asset Turnover
Roper Technologies Inc., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 23.74 | 26.63 | 24.20 | 27.14 | 29.75 |
| Non-U.S. | 49.35 | 42.59 | 36.15 | 35.05 | 38.40 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
| Non-U.S. | Non-U.S. area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: United States
Roper Technologies Inc.; United States; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net revenues | 4,665,700) | 4,753,500) | 4,621,800) | 4,467,500) | 4,320,100) |
| Long-lived assets | 196,500) | 178,500) | 191,000) | 164,600) | 145,200) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 23.74 | 26.63 | 24.20 | 27.14 | 29.75 |
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 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 4,665,700 ÷ 196,500 = 23.74
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Area Asset Turnover: Non-U.S.
Roper Technologies Inc.; Non-U.S.; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net revenues | 843,800) | 1,273,400) | 1,193,100) | 1,163,500) | 1,152,000) |
| Long-lived assets | 17,100) | 29,900) | 33,000) | 33,200) | 30,000) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 49.35 | 42.59 | 36.15 | 35.05 | 38.40 |
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 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 843,800 ÷ 17,100 = 49.35
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Non-U.S. | Non-U.S. area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net revenues
Roper Technologies Inc., net revenues by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 4,665,700) | 4,753,500) | 4,621,800) | 4,467,500) | 4,320,100) |
| Non-U.S. | 843,800) | 1,273,400) | 1,193,100) | 1,163,500) | 1,152,000) |
| Eliminations | (137,700) | (249,100) | (287,800) | (264,200) | (280,900) |
| Total | 5,371,800) | 5,777,800) | 5,527,100) | 5,366,800) | 5,191,200) |
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).
Long-lived assets
Roper Technologies Inc., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 196,500) | 178,500) | 191,000) | 164,600) | 145,200) |
| Non-U.S. | 17,100) | 29,900) | 33,000) | 33,200) | 30,000) |
| Total | 213,600) | 208,400) | 224,000) | 197,800) | 175,200) |
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).