Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Roper Technologies Inc., profitability ratios
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).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Roper Technologies Inc. gross profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Roper Technologies Inc. operating profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Roper Technologies Inc. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Roper Technologies Inc. ROE improved from 2020 to 2021 and from 2021 to 2022. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Roper Technologies Inc. ROA improved from 2020 to 2021 and from 2021 to 2022. |
Gross Profit Margin
Roper Technologies Inc., gross profit margin calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Gross profit | 3,752,800) | 3,917,400) | 3,543,000) | 3,427,100) | 3,279,500) | |
| Net revenues | 5,371,800) | 5,777,800) | 5,527,100) | 5,366,800) | 5,191,200) | |
| Profitability Ratio | ||||||
| Gross profit margin1 | 69.86% | 67.80% | 64.10% | 63.86% | 63.17% | |
| Benchmarks | ||||||
| Gross Profit Margin, Competitors2 | ||||||
| Apple Inc. | 43.31% | 41.78% | 38.23% | 37.82% | 38.34% | |
| Arista Networks Inc. | 61.07% | 63.80% | 63.94% | 64.06% | — | |
| Cisco Systems Inc. | 62.55% | 64.02% | 64.26% | 62.94% | 62.04% | |
| Super Micro Computer Inc. | 15.40% | 15.03% | 15.76% | 14.16% | 12.80% | |
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
Gross profit margin = 100 × Gross profit ÷ Net revenues
= 100 × 3,752,800 ÷ 5,371,800 = 69.86%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Roper Technologies Inc. gross profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Operating Profit Margin
Roper Technologies Inc., operating profit margin calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Income from operations | 1,524,500) | 1,480,200) | 1,431,100) | 1,498,400) | 1,396,400) | |
| Net revenues | 5,371,800) | 5,777,800) | 5,527,100) | 5,366,800) | 5,191,200) | |
| Profitability Ratio | ||||||
| Operating profit margin1 | 28.38% | 25.62% | 25.89% | 27.92% | 26.90% | |
| Benchmarks | ||||||
| Operating Profit Margin, Competitors2 | ||||||
| Apple Inc. | 30.29% | 29.78% | 24.15% | 24.57% | 26.69% | |
| Arista Networks Inc. | 34.86% | 31.37% | 30.19% | 33.42% | — | |
| Cisco Systems Inc. | 27.09% | 25.76% | 27.63% | 27.39% | 24.95% | |
| Super Micro Computer Inc. | 6.45% | 3.48% | 2.57% | 2.78% | 2.82% | |
| Operating Profit Margin, Sector | ||||||
| Technology Hardware & Equipment | 29.70% | 29.10% | 24.49% | 24.86% | — | |
| Operating Profit Margin, Industry | ||||||
| Information Technology | 28.47% | 28.76% | 24.95% | 25.42% | — | |
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
Operating profit margin = 100 × Income from operations ÷ Net revenues
= 100 × 1,524,500 ÷ 5,371,800 = 28.38%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Roper Technologies Inc. operating profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Net Profit Margin
Roper Technologies Inc., net profit margin calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings | 4,544,700) | 1,152,600) | 949,700) | 1,767,900) | 944,400) | |
| Net revenues | 5,371,800) | 5,777,800) | 5,527,100) | 5,366,800) | 5,191,200) | |
| Profitability Ratio | ||||||
| Net profit margin1 | 84.60% | 19.95% | 17.18% | 32.94% | 18.19% | |
| Benchmarks | ||||||
| Net Profit Margin, Competitors2 | ||||||
| Apple Inc. | 25.31% | 25.88% | 20.91% | 21.24% | 22.41% | |
| Arista Networks Inc. | 30.87% | 28.52% | 27.38% | 35.67% | — | |
| Cisco Systems Inc. | 22.91% | 21.26% | 22.75% | 22.39% | 0.22% | |
| Super Micro Computer Inc. | 5.49% | 3.14% | 2.52% | 2.05% | 1.37% | |
| Net Profit Margin, Sector | ||||||
| Technology Hardware & Equipment | 24.87% | 25.16% | 21.05% | 21.32% | — | |
| Net Profit Margin, Industry | ||||||
| Information Technology | 24.07% | 25.56% | 21.38% | 22.17% | — | |
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
Net profit margin = 100 × Net earnings ÷ Net revenues
= 100 × 4,544,700 ÷ 5,371,800 = 84.60%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Roper Technologies Inc. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Return on Equity (ROE)
Roper Technologies Inc., ROE calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings | 4,544,700) | 1,152,600) | 949,700) | 1,767,900) | 944,400) | |
| Stockholders’ equity | 16,037,800) | 11,563,800) | 10,479,800) | 9,491,900) | 7,738,500) | |
| Profitability Ratio | ||||||
| ROE1 | 28.34% | 9.97% | 9.06% | 18.63% | 12.20% | |
| Benchmarks | ||||||
| ROE, Competitors2 | ||||||
| Apple Inc. | 196.96% | 150.07% | 87.87% | 61.06% | 55.56% | |
| Arista Networks Inc. | 27.68% | 21.13% | 19.11% | 29.71% | — | |
| Cisco Systems Inc. | 29.70% | 25.66% | 29.57% | 34.62% | 0.25% | |
| Super Micro Computer Inc. | 20.00% | 10.20% | 7.91% | 7.64% | 5.47% | |
| ROE, Sector | ||||||
| Technology Hardware & Equipment | 117.05% | 97.06% | 64.42% | 53.02% | — | |
| ROE, Industry | ||||||
| Information Technology | 38.69% | 42.56% | 35.29% | 36.68% | — | |
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
ROE = 100 × Net earnings ÷ Stockholders’ equity
= 100 × 4,544,700 ÷ 16,037,800 = 28.34%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Roper Technologies Inc. ROE improved from 2020 to 2021 and from 2021 to 2022. |
Return on Assets (ROA)
Roper Technologies Inc., ROA calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net earnings | 4,544,700) | 1,152,600) | 949,700) | 1,767,900) | 944,400) | |
| Total assets | 26,980,800) | 23,713,900) | 24,024,800) | 18,108,900) | 15,249,500) | |
| Profitability Ratio | ||||||
| ROA1 | 16.84% | 4.86% | 3.95% | 9.76% | 6.19% | |
| Benchmarks | ||||||
| ROA, Competitors2 | ||||||
| Apple Inc. | 28.29% | 26.97% | 17.73% | 16.32% | 16.28% | |
| Arista Networks Inc. | 19.96% | 14.66% | 13.39% | 20.54% | — | |
| Cisco Systems Inc. | 12.57% | 10.86% | 11.82% | 11.88% | 0.10% | |
| Super Micro Computer Inc. | 8.90% | 4.99% | 4.39% | 4.27% | 2.61% | |
| ROA, Sector | ||||||
| Technology Hardware & Equipment | 24.80% | 23.27% | 16.30% | 15.34% | — | |
| ROA, Industry | ||||||
| Information Technology | 15.14% | 15.65% | 12.15% | 12.80% | — | |
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
ROA = 100 × Net earnings ÷ Total assets
= 100 × 4,544,700 ÷ 26,980,800 = 16.84%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Roper Technologies Inc. ROA improved from 2020 to 2021 and from 2021 to 2022. |