Roper Technologies Inc. Common Stock (ROP)

Operating 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
Operating income (ttm)	US$ in thousands	1,745,200	1,694,900	1,642,000	1,569,600	1,524,500	1,372,500	1,326,200	1,279,500	1,241,200	1,323,700	1,307,300	1,282,700	1,273,500	1,328,900	1,383,600	1,460,400	1,498,400	1,464,400	1,456,700	1,442,600
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
Operating profit margin		28.25%	28.27%	28.40%	28.22%	28.38%	26.41%	26.11%	25.81%	25.15%	28.62%	28.48%	27.68%	27.33%	27.94%	28.17%	29.16%	29.88%	27.38%	27.42%	27.34%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,745,200K ÷ $6,177,800K
= 28.25%

The operating profit margin for Roper Technologies Inc has demonstrated stability and consistency over the past eight quarters, ranging from 27.71% to 28.50%. The trend indicates a strong operational efficiency in managing costs and generating profits from core business activities. Despite minor fluctuations, the margins have largely remained within a narrow range, showcasing the company's ability to maintain profitability levels over time. Overall, the firm's operating profit margin appears to be robust and well-managed, reflecting a healthy financial performance in the analyzed period.