Roper Technologies, Inc. (ROP)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	4,878,300	4,721,200	4,595,800	4,469,600	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
Revenue (ttm)	US$ in thousands	7,039,200	6,775,600	6,574,400	6,388,800	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
Gross profit margin		69.30%	69.68%	69.90%	69.96%	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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,878,300K ÷ $7,039,200K
= 69.30%

Roper Technologies, Inc.'s gross profit margin has shown a generally increasing trend from March 31, 2020 to June 30, 2021, indicating improved profitability in generating revenue after deducting the cost of goods sold. The margin increased from 67.96% in March 2020 to 73.33% in June 2021. This upward trend demonstrates the company's ability to effectively manage production costs and maintain pricing power during this period.

However, there was a slight decline in December 2021, with gross profit margin dropping to 69.05%, which could be due to various factors such as changes in pricing strategy, input costs, or sales mix. In the subsequent periods, the gross profit margin stabilized around the range of 69-70%, showing consistency in the company's ability to preserve profitability.

Overall, Roper Technologies, Inc.'s gross profit margin has exhibited resilience and remained relatively stable, reflecting its capacity to efficiently control costs and optimize revenue generation. It is important for the company to continue monitoring and managing the factors influencing gross profit margin to sustain and potentially enhance profitability in the future.