Roper Technologies, Inc. (ROP)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	31,334,700	28,167,500	26,980,800	23,713,900	24,024,800
Total stockholders’ equity	US$ in thousands	18,867,600	17,444,800	16,037,800	11,563,800	10,479,800
Financial leverage ratio		1.66	1.61	1.68	2.05	2.29

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $31,334,700K ÷ $18,867,600K
= 1.66

The financial leverage ratio of Roper Technologies, Inc. has shown a decreasing trend over the five-year period from December 31, 2020, to December 31, 2024. The ratio decreased from 2.29 in 2020 to 1.66 in 2024. This indicates that the company has been reducing its reliance on debt financing compared to equity over the years, which is generally viewed positively as it lowers the financial risk for the company. The decreasing trend in the financial leverage ratio suggests that Roper Technologies, Inc. has been managing its debt levels effectively and improving its financial stability.