Roper Technologies, Inc. (ROP)

Debt-to-equity ratio

		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
Long-term debt	US$ in thousands	6,579,900	7,677,600	6,923,900	7,222,300	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
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
Debt-to-equity ratio		0.35	0.41	0.38	0.41	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

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,579,900K ÷ $18,867,600K
= 0.35

The debt-to-equity ratio of Roper Technologies, Inc. has shown a downward trend over the past few years, indicating a decreasing reliance on debt financing relative to equity. As of December 31, 2024, the ratio stands at 0.35, suggesting that the company's debt level is 35% of its equity. This signifies a strong financial position with a lower risk from debt obligations compared to equity. The company seems to be managing its debt levels effectively, potentially improving its overall financial stability and solvency.