Roper Technologies, Inc. (ROP)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 31,334,700 | 28,167,500 | 26,980,800 | 23,713,900 | 24,024,800 |
| Operating ROA | 6.37% | 6.20% | 5.65% | 5.23% | 4.51% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,996,800K ÷ $31,334,700K
= 6.37%
The operating return on assets (operating ROA) for Roper Technologies, Inc. has shown a positive trend over the past five years, increasing from 4.51% as of December 31, 2020, to 6.37% as of December 31, 2024. This indicates that the company has become more efficient in generating operating income relative to its total assets over this period. The consistent improvement in operating ROA reflects effective management of operational assets and resources to drive profitability. It suggests that Roper Technologies has been successful in utilizing its assets to generate operating earnings, which is a positive indicator of the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024