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 Profitability Ratios 

Microsoft Excel

Profitability Ratios (Summary)

Roper Technologies Inc., profitability ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Return on Sales
Gross profit margin 69.86% 67.80% 64.10% 63.86% 63.17%
Operating profit margin 28.38% 25.62% 25.89% 27.92% 26.90%
Net profit margin 84.60% 19.95% 17.18% 32.94% 18.19%
Return on Investment
Return on equity (ROE) 28.34% 9.97% 9.06% 18.63% 12.20%
Return on assets (ROA) 16.84% 4.86% 3.95% 9.76% 6.19%

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

Microsoft Excel
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%
Arista Networks Inc. 61.07% 63.80% 63.94% 64.06%
Cisco Systems Inc. 62.55% 64.02% 64.26% 62.94%
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

Microsoft Excel
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%
Arista Networks Inc. 34.86% 31.37% 30.19% 33.42%
Cisco Systems Inc. 27.09% 25.76% 27.63% 27.39%
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 28.31% 28.72% 24.93% 25.33%

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

Microsoft Excel
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%
Arista Networks Inc. 30.87% 28.52% 27.38% 35.67%
Cisco Systems Inc. 22.91% 21.26% 22.75% 22.39%
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 23.93% 25.58% 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

Microsoft Excel
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%
Arista Networks Inc. 27.68% 21.13% 19.11% 29.71%
Cisco Systems Inc. 29.70% 25.66% 29.57% 34.62%
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 38.36% 42.36% 35.12% 36.53%

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

Microsoft Excel
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%
Arista Networks Inc. 19.96% 14.66% 13.39% 20.54%
Cisco Systems Inc. 12.57% 10.86% 11.82% 11.88%
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 14.99% 15.62% 12.12% 12.78%

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.