Roper Technologies, Inc. (ROP)

Return on assets (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
Net income (ttm)	US$ in thousands	1,549,300	1,476,000	1,455,300	1,483,100	1,384,200	2,923,600	2,903,400	2,807,300	4,544,700	2,904,100	2,866,600	2,884,100	1,152,600	1,120,600	1,065,500	998,400	949,700	1,565,000	1,608,100	1,638,600
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
ROA		4.94%	4.68%	4.88%	4.95%	4.91%	10.37%	10.57%	10.35%	16.84%	11.90%	11.31%	11.25%	4.86%	4.72%	4.47%	4.18%	3.95%	6.62%	8.40%	9.03%

December 31, 2024 calculation

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

The return on assets (ROA) of Roper Technologies, Inc. has fluctuated over the periods provided. From March 31, 2020, to December 31, 2020, the ROA declined from 9.03% to 3.95%. There was a gradual increase in ROA between March 31, 2021, and December 31, 2021, reaching 4.86%. Subsequently, there was a significant improvement in ROA towards the end of 2022, with a steep increase to 16.84% by December 31, 2022.

However, the ROA dropped to 4.91% by the end of March 31, 2023, and remained relatively stable around 4-5% throughout the following quarters up to December 31, 2024. It is notable that the ROA experienced a peak in late 2022 but then gradually declined and stabilized at a lower level in the subsequent periods. This trend indicates varying levels of profitability relative to the company's total assets during the specified time frame.