Roper Technologies, Inc. (ROP)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,996,800	1,745,200	1,524,500	1,241,200	1,082,900
Revenue	US$ in thousands	7,039,200	6,177,800	5,371,800	4,833,800	4,022,400
Operating profit margin		28.37%	28.25%	28.38%	25.68%	26.92%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,996,800K ÷ $7,039,200K
= 28.37%

The operating profit margin of Roper Technologies, Inc. has exhibited a generally positive trend over the years based on the data provided.

- In December 31, 2020, the operating profit margin stood at 26.92%, indicating that for every dollar of revenue generated, the company retained approximately $0.2692 as operating profit.
- By December 31, 2021, the margin slightly decreased to 25.68%, suggesting a relatively lower efficiency in generating operating profit compared to the previous year.
- However, in the subsequent years, there was a notable improvement in the operating profit margin performance. In December 31, 2022, the margin increased significantly to 28.38%, demonstrating enhanced profitability.
- This positive trend continued, with the operating profit margin maintaining its strength in both December 31, 2023 (28.25%) and December 31, 2024 (28.37%).

Overall, Roper Technologies, Inc. has shown the ability to effectively manage its operating expenses and operational efficiency, as evidenced by the steady improvement in its operating profit margin over the years. This indicates the company's success in controlling costs and maximizing profitability from its core business operations.