Roper Technologies Inc. Common Stock (ROP)

Gross profit margin

		Dec 31, 2023	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
Gross profit (ttm)	US$ in thousands	4,307,200	4,184,300	4,029,800	3,874,200	3,752,800	3,630,900	3,560,800	3,488,500	3,407,600	3,428,100	3,366,300	3,299,600	3,270,800	3,262,800	3,326,500	3,404,000	3,427,100	3,407,300	3,373,700	3,339,600
Revenue (ttm)	US$ in thousands	6,177,800	5,995,200	5,782,100	5,561,700	5,371,800	5,197,500	5,079,300	4,958,300	4,934,900	4,624,600	4,590,700	4,634,700	4,659,700	4,756,100	4,912,400	5,008,900	5,014,700	5,348,300	5,312,500	5,275,900
Gross profit margin		69.72%	69.79%	69.69%	69.66%	69.86%	69.86%	70.10%	70.36%	69.05%	74.13%	73.33%	71.19%	70.19%	68.60%	67.72%	67.96%	68.34%	63.71%	63.50%	63.30%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,307,200K ÷ $6,177,800K
= 69.72%

Based on the provided data, the gross profit margin of Roper Technologies Inc has shown consistent strength over the last eight quarters, ranging between 68.45% and 70.48%. This indicates the company's ability to efficiently control production costs and generate profit from its core operations. The highest gross profit margin was recorded in Q3 2023 at 70.48%, reflecting a period of strong profitability, while the lowest margin of 68.45% was observed in Q1 2022. Overall, Roper Technologies Inc has maintained a healthy gross profit margin trend, signifying effective cost management and operational performance in its business operations.