Roper Technologies Inc. Common Stock (ROP)

Debt-to-equity ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	5,830,600	6,379,000	5,966,300	5,964,400	5,962,500	5,960,600	6,657,100	6,654,800	7,122,600	7,529,900	8,199,500	8,571,800	9,061,400	9,101,200	5,263,800	4,674,200	4,673,100	6,195,100	4,718,900	4,487,000
Total stockholders’ equity	US$ in thousands	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	9,491,900	8,571,300	8,351,000	8,137,400
Debt-to-equity ratio		0.33	0.37	0.36	0.37	0.37	0.43	0.48	0.49	0.62	0.66	0.74	0.80	0.86	0.90	0.53	0.49	0.49	0.72	0.57	0.55

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $5,830,600K ÷ $17,444,800K
= 0.33

The debt-to-equity ratio of Roper Technologies Inc has exhibited a decreasing trend over the recent quarters, which indicates a strengthening financial position in terms of leveraging debt to finance operations compared to equity. As of Q4 2023, the ratio stood at 0.36, reflecting a lower level of debt relative to equity compared to previous periods. This suggests that the company may be relying more on equity financing rather than debt, which could lower its financial risk and potentially improve its creditworthiness in the eyes of investors and creditors. Overall, the declining trend in the debt-to-equity ratio for Roper Technologies indicates a positive trajectory in the company's capital structure and financial stability.