Roper Technologies, Inc. (ROP)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	1,549,300	1,384,200	4,544,700	1,152,600	949,700
Total assets	US$ in thousands	31,334,700	28,167,500	26,980,800	23,713,900	24,024,800
ROA		4.94%	4.91%	16.84%	4.86%	3.95%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $1,549,300K ÷ $31,334,700K
= 4.94%

The return on assets (ROA) of Roper Technologies, Inc. has displayed variability over the past five years. In December 2020, the ROA stood at 3.95%, indicating that for every dollar of assets the company generated a profit of 3.95 cents. The ROA increased to 4.86% by December 2021, signifying a slightly improved performance in utilizing its assets efficiently.

The most significant spike in the ROA occurred in December 2022, reaching 16.84%, showcasing a substantial surge in the company's profitability relative to its asset base. However, in the subsequent year, the ROA dropped to 4.91%, although it remained relatively higher compared to the earlier years.

As of December 2024, the ROA maintained a steady performance at 4.94%, implying that Roper Technologies continued to generate a consistent profit from its asset investments. Overall, the fluctuation in the ROA of Roper Technologies indicates varying levels of efficiency in utilizing its assets to generate earnings over the analyzed period.