Roper Technologies, Inc. (ROP)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	1,996,800	1,934,900	1,884,400	1,825,500	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
Total assets	US$ in thousands	31,334,700	31,552,700	29,847,500	29,978,500	28,167,500	28,188,000	27,460,400	27,134,800	26,980,800	24,397,200	25,350,300	25,635,800	23,713,900	23,728,100	23,833,700	23,871,100	24,024,800	23,652,000	19,142,300	18,137,800
Operating ROA		6.37%	6.13%	6.31%	6.09%	6.20%	6.01%	5.98%	5.78%	5.65%	5.63%	5.23%	4.99%	5.23%	5.58%	5.49%	5.37%	5.30%	5.62%	7.23%	8.05%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,996,800K ÷ $31,334,700K
= 6.37%

The trend in Roper Technologies, Inc.'s operating return on assets (operating ROA) has shown slight fluctuations over the past several quarters. The operating ROA decreased from 8.05% as of March 31, 2020, to a low of 4.99% as of March 31, 2022. However, it has been gradually increasing since then, reaching 6.37% as of December 31, 2024.

Overall, the operating ROA indicates how efficiently the company is utilizing its assets to generate operating income. The fluctuations in the operating ROA over the period may be attributed to changes in the company's operational efficiency, asset utilization, or profitability. It is essential for investors and stakeholders to monitor this metric to assess the company's ability to generate profits from its operational activities relative to its asset base.