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.

Analysis of Solvency Ratios 
Quarterly Data

Microsoft Excel

Solvency Ratios (Summary)

Roper Technologies Inc., solvency ratios (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Debt Ratios
Debt to equity 0.40 0.40 0.41 0.42 0.48 0.54 0.55 0.69 0.73 0.78 0.84 0.91 0.96 0.59 0.55 0.56 0.72 0.57 0.55 0.64 0.69 0.77 0.65
Debt to capital 0.29 0.28 0.29 0.29 0.32 0.35 0.35 0.41 0.42 0.44 0.46 0.48 0.49 0.37 0.35 0.36 0.42 0.36 0.36 0.39 0.41 0.44 0.39
Debt to assets 0.24 0.24 0.25 0.25 0.27 0.29 0.29 0.33 0.35 0.37 0.38 0.40 0.41 0.31 0.29 0.29 0.35 0.30 0.29 0.32 0.34 0.37 0.33
Financial leverage 1.65 1.64 1.66 1.68 1.76 1.85 1.89 2.05 2.09 2.15 2.22 2.29 2.33 1.94 1.89 1.91 2.08 1.90 1.89 1.97 2.02 2.10 1.97
Coverage Ratios
Interest coverage 10.35 9.89 8.57 7.66 7.35 6.78 6.44 6.43 6.49 6.23 6.32 6.52 10.99 11.88 12.22 12.94 8.56 8.43 8.46 7.58

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Roper Technologies Inc. debt to equity ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Roper Technologies Inc. debt to capital ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Roper Technologies Inc. debt to assets ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Roper Technologies Inc. financial leverage ratio decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Roper Technologies Inc. interest coverage ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Debt to Equity

Roper Technologies Inc., debt to equity calculation (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Other short-term debt 14,100
Current portion of long-term debt, net 499,300 699,800 699,500 699,200 698,900 799,900 799,500 799,200 799,200 502,400 502,100 502,000 602,800 602,600 602,400 602,200 2,900 2,100 1,700 1,500 801,600 801,700 801,300
Long-term debt, net of current portion 6,379,000 5,966,300 5,964,400 5,962,500 5,960,600 6,657,100 6,654,800 7,122,600 7,529,900 8,199,500 8,571,800 9,064,500 9,101,200 5,263,800 4,674,200 4,673,100 6,195,100 4,718,900 4,487,000 4,940,200 4,414,300 4,821,700 3,820,700
Total debt 6,878,300 6,666,100 6,663,900 6,661,700 6,659,500 7,457,000 7,454,300 7,921,800 8,329,100 8,701,900 9,073,900 9,566,500 9,704,000 5,866,400 5,276,600 5,275,300 6,198,000 4,721,000 4,502,800 4,941,700 5,215,900 5,623,400 4,622,000
 
Stockholders’ equity 17,038,700 16,745,900 16,332,700 16,037,800 13,857,800 13,726,500 13,551,900 11,563,800 11,342,300 11,089,200 10,765,700 10,479,800 10,160,900 9,879,700 9,591,300 9,491,900 8,571,300 8,351,000 8,137,400 7,738,500 7,554,900 7,302,900 7,155,500
Solvency Ratio
Debt to equity1 0.40 0.40 0.41 0.42 0.48 0.54 0.55 0.69 0.73 0.78 0.84 0.91 0.96 0.59 0.55 0.56 0.72 0.57 0.55 0.64 0.69 0.77 0.65
Benchmarks
Debt to Equity, Competitors2
Apple Inc. 1.81 1.76 1.96 2.37 2.06 1.78 1.71 1.98 1.89 1.76 1.69 1.72 1.56 1.40 1.21 1.19 1.12 1.06 0.97
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.20 0.21 0.22 0.24 0.23 0.29 0.22 0.28 0.29 0.37 0.38 0.38 0.45 0.45 0.54 0.73 0.64 0.63 0.58
Super Micro Computer Inc. 0.11 0.09 0.15 0.42 0.43 0.27 0.25 0.09 0.08 0.04 0.03 0.03 0.03 0.02 0.02 0.03 0.02 0.05 0.09

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 6,878,300 ÷ 17,038,700 = 0.40

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Roper Technologies Inc. debt to equity ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Debt to Capital

Roper Technologies Inc., debt to capital calculation (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Other short-term debt 14,100
Current portion of long-term debt, net 499,300 699,800 699,500 699,200 698,900 799,900 799,500 799,200 799,200 502,400 502,100 502,000 602,800 602,600 602,400 602,200 2,900 2,100 1,700 1,500 801,600 801,700 801,300
Long-term debt, net of current portion 6,379,000 5,966,300 5,964,400 5,962,500 5,960,600 6,657,100 6,654,800 7,122,600 7,529,900 8,199,500 8,571,800 9,064,500 9,101,200 5,263,800 4,674,200 4,673,100 6,195,100 4,718,900 4,487,000 4,940,200 4,414,300 4,821,700 3,820,700
Total debt 6,878,300 6,666,100 6,663,900 6,661,700 6,659,500 7,457,000 7,454,300 7,921,800 8,329,100 8,701,900 9,073,900 9,566,500 9,704,000 5,866,400 5,276,600 5,275,300 6,198,000 4,721,000 4,502,800 4,941,700 5,215,900 5,623,400 4,622,000
Stockholders’ equity 17,038,700 16,745,900 16,332,700 16,037,800 13,857,800 13,726,500 13,551,900 11,563,800 11,342,300 11,089,200 10,765,700 10,479,800 10,160,900 9,879,700 9,591,300 9,491,900 8,571,300 8,351,000 8,137,400 7,738,500 7,554,900 7,302,900 7,155,500
Total capital 23,917,000 23,412,000 22,996,600 22,699,500 20,517,300 21,183,500 21,006,200 19,485,600 19,671,400 19,791,100 19,839,600 20,046,300 19,864,900 15,746,100 14,867,900 14,767,200 14,769,300 13,072,000 12,640,200 12,680,200 12,770,800 12,926,300 11,777,500
Solvency Ratio
Debt to capital1 0.29 0.28 0.29 0.29 0.32 0.35 0.35 0.41 0.42 0.44 0.46 0.48 0.49 0.37 0.35 0.36 0.42 0.36 0.36 0.39 0.41 0.44 0.39
Benchmarks
Debt to Capital, Competitors2
Apple Inc. 0.64 0.64 0.66 0.70 0.67 0.64 0.63 0.66 0.65 0.64 0.63 0.63 0.61 0.58 0.55 0.54 0.53 0.52 0.49
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.17 0.18 0.18 0.19 0.19 0.23 0.18 0.22 0.22 0.27 0.28 0.28 0.31 0.31 0.35 0.42 0.39 0.39 0.37
Super Micro Computer Inc. 0.10 0.09 0.13 0.30 0.30 0.21 0.20 0.08 0.07 0.04 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.05 0.08

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 6,878,300 ÷ 23,917,000 = 0.29

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Roper Technologies Inc. debt to capital ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Debt to Assets

Roper Technologies Inc., debt to assets calculation (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Other short-term debt 14,100
Current portion of long-term debt, net 499,300 699,800 699,500 699,200 698,900 799,900 799,500 799,200 799,200 502,400 502,100 502,000 602,800 602,600 602,400 602,200 2,900 2,100 1,700 1,500 801,600 801,700 801,300
Long-term debt, net of current portion 6,379,000 5,966,300 5,964,400 5,962,500 5,960,600 6,657,100 6,654,800 7,122,600 7,529,900 8,199,500 8,571,800 9,064,500 9,101,200 5,263,800 4,674,200 4,673,100 6,195,100 4,718,900 4,487,000 4,940,200 4,414,300 4,821,700 3,820,700
Total debt 6,878,300 6,666,100 6,663,900 6,661,700 6,659,500 7,457,000 7,454,300 7,921,800 8,329,100 8,701,900 9,073,900 9,566,500 9,704,000 5,866,400 5,276,600 5,275,300 6,198,000 4,721,000 4,502,800 4,941,700 5,215,900 5,623,400 4,622,000
 
Total assets 28,188,000 27,460,400 27,134,800 26,980,800 24,397,200 25,350,300 25,635,800 23,713,900 23,728,100 23,833,700 23,871,100 24,024,800 23,652,000 19,142,300 18,137,800 18,108,900 17,819,100 15,908,300 15,414,100 15,249,500 15,245,100 15,361,000 14,074,100
Solvency Ratio
Debt to assets1 0.24 0.24 0.25 0.25 0.27 0.29 0.29 0.33 0.35 0.37 0.38 0.40 0.41 0.31 0.29 0.29 0.35 0.30 0.29 0.32 0.34 0.37 0.33
Benchmarks
Debt to Assets, Competitors2
Apple Inc. 0.33 0.33 0.32 0.34 0.36 0.34 0.32 0.36 0.37 0.36 0.32 0.35 0.36 0.34 0.32 0.32 0.34 0.33 0.31
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.09 0.09 0.10 0.10 0.10 0.12 0.10 0.12 0.12 0.15 0.15 0.15 0.18 0.18 0.20 0.25 0.24 0.25 0.24
Super Micro Computer Inc. 0.06 0.06 0.08 0.19 0.18 0.12 0.11 0.04 0.04 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.03 0.05

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Debt to assets = Total debt ÷ Total assets
= 6,878,300 ÷ 28,188,000 = 0.24

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Roper Technologies Inc. debt to assets ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023.

Financial Leverage

Roper Technologies Inc., financial leverage calculation (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Total assets 28,188,000 27,460,400 27,134,800 26,980,800 24,397,200 25,350,300 25,635,800 23,713,900 23,728,100 23,833,700 23,871,100 24,024,800 23,652,000 19,142,300 18,137,800 18,108,900 17,819,100 15,908,300 15,414,100 15,249,500 15,245,100 15,361,000 14,074,100
Stockholders’ equity 17,038,700 16,745,900 16,332,700 16,037,800 13,857,800 13,726,500 13,551,900 11,563,800 11,342,300 11,089,200 10,765,700 10,479,800 10,160,900 9,879,700 9,591,300 9,491,900 8,571,300 8,351,000 8,137,400 7,738,500 7,554,900 7,302,900 7,155,500
Solvency Ratio
Financial leverage1 1.65 1.64 1.66 1.68 1.76 1.85 1.89 2.05 2.09 2.15 2.22 2.29 2.33 1.94 1.89 1.91 2.08 1.90 1.89 1.97 2.02 2.10 1.97
Benchmarks
Financial Leverage, Competitors2
Apple Inc. 5.56 5.34 6.11 6.96 5.79 5.20 5.30 5.56 5.13 4.87 5.35 4.96 4.39 4.09 3.80 3.74 3.34 3.23 3.17
Arista Networks Inc. 1.39 1.40 1.42 1.39 1.41 1.45 1.47 1.44 1.41 1.41 1.42 1.43 1.43 1.43 1.44 1.45 1.36 1.36 1.39
Cisco Systems Inc. 2.31 2.31 2.31 2.36 2.30 2.39 2.25 2.36 2.34 2.44 2.49 2.50 2.56 2.54 2.69 2.91 2.64 2.51 2.40
Super Micro Computer Inc. 1.81 1.69 2.03 2.25 2.41 2.26 2.14 2.05 1.90 1.78 1.69 1.80 1.89 1.80 1.75 1.79 1.76 1.93 1.99

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 28,188,000 ÷ 17,038,700 = 1.65

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Roper Technologies Inc. financial leverage ratio decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.

Interest Coverage

Roper Technologies Inc., interest coverage calculation (quarterly data)

Microsoft Excel
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 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net earnings 347,200 364,900 283,100 1,928,400 327,000 268,800 2,020,500 287,800 289,500 286,300 289,000 255,800 234,400 219,200 240,300 871,100 277,500 249,700 369,600 257,100 247,600 228,400 211,300
Less: Net earnings (loss) from discontinued operations 1,600 3,900 (1,200) 1,681,100 50,100 43,800 1,784,100 87,900 29,700 33,300 19,100
Add: Income tax expense 97,000 102,700 75,800 61,100 78,600 91,900 64,800 60,300 83,800 73,100 71,200 61,700 68,700 64,900 64,300 276,900 60,400 72,600 49,600 61,000 64,000 85,000 44,000
Add: Interest expense, net 42,400 34,800 37,400 53,800 41,300 44,700 52,600 55,800 58,200 59,500 60,600 63,700 62,300 47,500 45,400 49,000 48,800 45,100 43,700 47,300 48,400 43,200 43,200
Earnings before interest and tax (EBIT) 485,000 498,500 397,500 362,200 396,800 361,600 353,800 316,000 401,800 385,600 401,700 381,200 365,400 331,600 350,000 1,197,000 386,700 367,400 462,900 365,400 360,000 356,600 298,500
Solvency Ratio
Interest coverage1 10.35 9.89 8.57 7.66 7.35 6.78 6.44 6.43 6.49 6.23 6.32 6.52 10.99 11.88 12.22 12.94 8.56 8.43 8.46 7.58
Benchmarks
Interest Coverage, Competitors2
Cisco Systems Inc. 35.87 37.17 39.53 41.21 41.54 38.79 35.64 31.56 29.20 27.76 25.98 24.88 22.44 20.36 18.58 17.96
Super Micro Computer Inc. 70.87 68.85 56.79 53.71 51.73 42.94 45.86 48.81 38.80 38.83 36.02 40.01 37.51 28.81 20.91 13.97

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Interest coverage = (EBITQ3 2023 + EBITQ2 2023 + EBITQ1 2023 + EBITQ4 2022) ÷ (Interest expenseQ3 2023 + Interest expenseQ2 2023 + Interest expenseQ1 2023 + Interest expenseQ4 2022)
= (485,000 + 498,500 + 397,500 + 362,200) ÷ (42,400 + 34,800 + 37,400 + 53,800) = 10.35

2 Click competitor name to see calculations.

Solvency ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Roper Technologies Inc. interest coverage ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.