Roper Technologies, Inc. (ROP)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,967,200 | 1,864,600 | 1,841,600 | 1,883,900 | 1,758,900 | 3,260,200 | 3,221,600 | 3,114,700 | 4,841,100 | 3,176,700 | 3,136,400 | 3,114,100 | 1,389,000 | 1,336,000 | 1,264,300 | 1,210,000 | 1,154,400 | 1,988,200 | 2,032,500 | 2,070,700 |
| 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 |
| Pretax margin | 27.95% | 27.52% | 28.01% | 29.49% | 28.47% | 54.38% | 55.72% | 56.00% | 90.12% | 61.12% | 61.75% | 62.81% | 28.15% | 28.89% | 27.54% | 26.11% | 24.77% | 41.80% | 41.37% | 41.34% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,967,200K ÷ $7,039,200K
= 27.95%
Roper Technologies, Inc. has exhibited fluctuations in its pretax margin over the given periods. The pretax margin started strong, steadily increasing from March 31, 2020, where it stood at 41.34%, peaking at 41.80% on September 30, 2020. However, there was a significant drop in the margin by the end of December 31, 2020, where it plummeted to 24.77%.
Subsequently, there was a gradual recovery in the pretax margin from March 31, 2021, showing an upward trend until December 31, 2021. The margin hit a recent high of 90.12% on December 31, 2022, indicating a substantial improvement in profitability.
Despite this, there was a notable decline in the pretax margin in the following periods, with a drop to 27.52% on September 30, 2024, after peaking earlier at 29.49% on March 31, 2024. This decrease may raise concerns about the company's cost management efficiency and overall profitability outlook. Nevertheless, it is crucial to consider the company's business operations and market conditions in assessing the implications of these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2024