Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Roper Technologies Inc., profitability ratios (quarterly data)
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).
| 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 Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Roper Technologies Inc. operating profit margin ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Roper Technologies Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Roper Technologies Inc. ROE improved from Q1 2023 to Q2 2023 but then deteriorated significantly from Q2 2023 to Q3 2023. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Roper Technologies Inc. ROA improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level. |
Gross Profit Margin
Roper Technologies Inc., gross profit margin calculation (quarterly data)
| 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) | ||||||||||||||||||||||||||||||
| Gross profit | 1,096,300) | 1,067,100) | 1,018,600) | 1,002,300) | 941,800) | 911,500) | 897,200) | 1,018,000) | 996,100) | 967,300) | 936,000) | 966,600) | 875,900) | 843,700) | 856,800) | 892,900) | 873,600) | 850,000) | 810,600) | 873,100) | 840,000) | 815,900) | 750,500) | |||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||
| Gross profit margin1 | 69.79% | 69.69% | 69.66% | 69.86% | 69.11% | 68.68% | 68.27% | 67.80% | 66.99% | 66.02% | 65.24% | 64.10% | 64.05% | 64.14% | 63.96% | 63.86% | 63.71% | 63.50% | 63.30% | 63.17% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 43.45% | 43.18% | 43.06% | 43.31% | 43.31% | 43.32% | 43.02% | 41.78% | 41.01% | 39.88% | 38.78% | 38.23% | 38.19% | 38.11% | 37.95% | 37.82% | — | — | — | — | — | — | — | |||||||
| Arista Networks Inc. | 60.76% | 60.18% | 60.27% | 61.07% | 61.82% | 62.77% | 63.64% | 63.80% | 63.95% | 63.87% | 63.72% | 63.94% | 64.08% | 64.12% | 64.24% | 64.06% | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 61.99% | 61.92% | 62.23% | 62.55% | 63.14% | 63.30% | 63.73% | 64.02% | 63.94% | 64.17% | 64.07% | 64.26% | 64.41% | 63.97% | 63.44% | 62.94% | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 18.23% | 17.80% | 16.78% | 15.40% | 14.22% | 13.68% | 14.18% | 15.03% | 15.14% | 16.03% | 15.91% | 15.76% | 16.22% | 15.72% | 15.12% | 14.16% | — | — | — | — | — | — | — | |||||||
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
Gross profit margin = 100
× (Gross profitQ3 2023
+ Gross profitQ2 2023
+ Gross profitQ1 2023
+ Gross profitQ4 2022)
÷ (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
= 100 × (1,096,300 + 1,067,100 + 1,018,600 + 1,002,300)
÷ (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
= 69.79%
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 Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Operating Profit Margin
Roper Technologies Inc., operating profit margin calculation (quarterly data)
| 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) | ||||||||||||||||||||||||||||||
| Income from operations | 446,100) | 435,300) | 401,000) | 412,500) | 393,200) | 362,900) | 355,900) | 320,600) | 403,500) | 381,500) | 374,600) | 380,700) | 367,600) | 333,600) | 349,200) | 398,400) | 385,200) | 368,400) | 346,400) | 364,400) | 377,500) | 354,300) | 300,200) | |||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||
| Operating profit margin1 | 28.27% | 28.40% | 28.22% | 28.38% | 26.27% | 25.92% | 25.72% | 25.62% | 26.69% | 26.51% | 26.23% | 25.89% | 26.75% | 27.13% | 27.64% | 27.92% | 27.38% | 27.42% | 27.34% | 26.90% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 29.23% | 29.16% | 29.41% | 30.29% | 30.53% | 30.93% | 30.90% | 29.78% | 28.79% | 27.32% | 25.24% | 24.15% | 24.52% | 24.48% | 24.71% | 24.57% | — | — | — | — | — | — | — | |||||||
| Arista Networks Inc. | 37.29% | 36.12% | 35.71% | 34.86% | 33.69% | 32.55% | 31.56% | 31.37% | 30.79% | 30.76% | 30.72% | 30.19% | 30.66% | 31.77% | 32.55% | 33.42% | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 25.89% | 26.10% | 26.91% | 27.09% | 27.36% | 27.09% | 26.98% | 25.76% | 25.60% | 25.93% | 26.23% | 27.63% | 27.81% | 27.47% | 26.91% | 27.39% | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 10.64% | 10.39% | 8.75% | 6.45% | 4.52% | 3.27% | 3.20% | 3.48% | 2.79% | 2.85% | 2.52% | 2.57% | 3.23% | 3.17% | 3.05% | 2.78% | — | — | — | — | — | — | — | |||||||
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
Operating profit margin = 100
× (Income from operationsQ3 2023
+ Income from operationsQ2 2023
+ Income from operationsQ1 2023
+ Income from operationsQ4 2022)
÷ (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
= 100 × (446,100 + 435,300 + 401,000 + 412,500)
÷ (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
= 28.27%
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 improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level. |
Net Profit Margin
Roper Technologies Inc., net profit margin calculation (quarterly data)
| 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) | |||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||
| Net profit margin1 | 48.77% | 50.21% | 50.48% | 84.60% | 53.25% | 51.50% | 50.76% | 19.95% | 19.42% | 18.78% | 17.98% | 17.18% | 28.89% | 29.75% | 30.18% | 32.94% | 21.58% | 21.16% | 20.90% | 18.19% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 24.68% | 24.49% | 24.56% | 25.31% | 25.71% | 26.41% | 26.58% | 25.88% | 25.00% | 23.45% | 21.73% | 20.91% | 21.33% | 21.35% | 21.49% | 21.24% | — | — | — | — | — | — | — | |||||||
| Arista Networks Inc. | 33.97% | 32.48% | 31.24% | 30.87% | 29.63% | 29.55% | 29.54% | 28.52% | 28.30% | 27.72% | 27.48% | 27.38% | 32.06% | 33.16% | 34.10% | 35.67% | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 20.89% | 21.26% | 22.00% | 22.91% | 23.28% | 22.94% | 22.44% | 21.26% | 20.92% | 21.09% | 21.76% | 22.75% | 21.32% | 21.44% | 21.15% | 22.39% | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 8.93% | 8.70% | 7.38% | 5.49% | 3.96% | 3.00% | 2.89% | 3.14% | 2.69% | 2.71% | 2.56% | 2.52% | 2.72% | 2.58% | 2.37% | 2.05% | — | — | — | — | — | — | — | |||||||
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
Net profit margin = 100
× (Net earningsQ3 2023
+ Net earningsQ2 2023
+ Net earningsQ1 2023
+ Net earningsQ4 2022)
÷ (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
= 100 × (347,200 + 364,900 + 283,100 + 1,928,400)
÷ (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
= 48.77%
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 deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Return on Equity (ROE)
Roper Technologies Inc., ROE calculation (quarterly data)
| 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) | |||||||
| 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) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||
| ROE1 | 17.16% | 17.34% | 17.19% | 28.34% | 20.96% | 20.88% | 21.28% | 9.97% | 9.88% | 9.61% | 9.27% | 9.06% | 15.40% | 16.28% | 17.08% | 18.63% | 13.46% | 13.46% | 13.55% | 12.20% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| ROE, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 157.22% | 151.74% | 167.77% | 196.96% | 171.46% | 151.24% | 139.79% | 150.07% | 135.04% | 110.31% | 96.54% | 87.87% | 80.83% | 72.96% | 64.25% | 61.06% | — | — | — | — | — | — | — | |||||||
| Arista Networks Inc. | 29.22% | 29.18% | 28.46% | 27.68% | 26.56% | 25.84% | 22.46% | 21.13% | 20.30% | 19.70% | 19.60% | 19.11% | 23.10% | 24.79% | 27.99% | 29.71% | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 27.12% | 27.25% | 28.56% | 29.70% | 29.72% | 29.94% | 26.69% | 25.66% | 25.41% | 25.89% | 27.42% | 29.57% | 30.20% | 31.11% | 31.95% | 34.62% | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 33.21% | 31.80% | 27.33% | 20.00% | 14.41% | 10.53% | 9.77% | 10.20% | 8.65% | 8.32% | 7.88% | 7.91% | 8.63% | 8.43% | 8.12% | 7.64% | — | — | — | — | — | — | — | |||||||
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
ROE = 100
× (Net earningsQ3 2023
+ Net earningsQ2 2023
+ Net earningsQ1 2023
+ Net earningsQ4 2022)
÷ Stockholders’ equity
= 100 × (347,200 + 364,900 + 283,100 + 1,928,400)
÷ 17,038,700 = 17.16%
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 Q1 2023 to Q2 2023 but then deteriorated significantly from Q2 2023 to Q3 2023. |
Return on Assets (ROA)
Roper Technologies Inc., ROA calculation (quarterly data)
| 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) | |||||||
| 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) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||
| ROA1 | 10.37% | 10.57% | 10.35% | 16.84% | 11.90% | 11.31% | 11.25% | 4.86% | 4.72% | 4.47% | 4.18% | 3.95% | 6.62% | 8.40% | 9.03% | 9.76% | 6.48% | 7.07% | 7.15% | 6.19% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| ROA, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 28.28% | 28.40% | 27.45% | 28.29% | 29.63% | 29.07% | 26.38% | 26.97% | 26.32% | 22.63% | 18.06% | 17.73% | 18.41% | 17.86% | 16.89% | 16.32% | — | — | — | — | — | — | — | |||||||
| Arista Networks Inc. | 20.96% | 20.88% | 20.11% | 19.96% | 18.90% | 17.77% | 15.27% | 14.66% | 14.43% | 13.99% | 13.82% | 13.39% | 16.19% | 17.36% | 19.39% | 20.54% | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 11.76% | 11.79% | 12.36% | 12.57% | 12.94% | 12.54% | 11.87% | 10.86% | 10.88% | 10.60% | 11.01% | 11.82% | 11.80% | 12.22% | 11.89% | 11.88% | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 18.39% | 18.81% | 13.45% | 8.90% | 5.98% | 4.67% | 4.56% | 4.99% | 4.56% | 4.67% | 4.65% | 4.39% | 4.57% | 4.67% | 4.64% | 4.27% | — | — | — | — | — | — | — | |||||||
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
ROA = 100
× (Net earningsQ3 2023
+ Net earningsQ2 2023
+ Net earningsQ1 2023
+ Net earningsQ4 2022)
÷ Total assets
= 100 × (347,200 + 364,900 + 283,100 + 1,928,400)
÷ 28,188,000 = 10.37%
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 Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023 not reaching Q1 2023 level. |