Roper Technologies, Inc. (ROP)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 18,867,600 | 18,515,500 | 18,139,000 | 17,797,600 | 17,444,800 | 17,038,700 | 16,745,900 | 16,332,700 | 16,037,800 | 13,857,800 | 13,726,500 | 13,551,900 | 11,563,800 | 11,342,300 | 11,089,200 | 10,765,700 | 10,479,800 | 10,160,900 | 9,879,700 | 9,591,300 |
ROE | 8.21% | 7.97% | 8.02% | 8.33% | 7.93% | 17.16% | 17.34% | 17.19% | 28.34% | 20.96% | 20.88% | 21.28% | 9.97% | 9.88% | 9.61% | 9.27% | 9.06% | 15.40% | 16.28% | 17.08% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,549,300K ÷ $18,867,600K
= 8.21%
The return on equity (ROE) for Roper Technologies, Inc. experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE decreased from 17.08% in March 2020 to 9.06% in December 2020. This decline continued into 2021, with ROE reaching a low of 9.27% in March, followed by a slight increase to 9.61% in June, 9.88% in September, and 9.97% in December.
However, there was a significant improvement in the company's ROE in the following year, with ROE increasing to 21.28% in March 2022 and maintaining elevated levels around 20% for the next three quarters. The peak ROE of 28.34% was achieved in December 2022, reflecting a strong performance in profitability and efficiency.
In the subsequent periods, the ROE dropped to 7.93% in December 2023, followed by a slight increase to 8.33% in March 2024. However, the ROE remained relatively low, averaging around 8% in the following quarters up to December 2024.
Overall, the ROE of Roper Technologies, Inc. showed volatility and fluctuation during the period, with periods of both decline and improvement. The company experienced a significant increase in ROE in 2022, reaching peak levels, but faced challenges in maintaining high profitability levels in the subsequent years. Monitoring this metric along with other financial indicators is crucial for a comprehensive assessment of the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024
See also:
Roper Technologies, Inc. Return on Equity (ROE) (Quarterly Data)