Name: Roper Technologies Inc. (NASDAQ:ROP) | Liabilities and Stockholders’ Equity (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Download chart

Roper Technologies Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	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	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018
Accounts payable	135,800)	141,100)	134,000)	122,600)	121,200)	128,800)	167,800)	150,800)	146,900)	209,600)	190,900)	177,800)	173,100)	185,400)	180,800)	162,000)	156,800)	162,200)	172,600)	165,300)	163,700)	165,200)	171,100)
Accrued compensation	225,300)	183,800)	154,200)	228,800)	225,600)	201,400)	208,200)	309,800)	283,100)	283,400)	234,000)	286,100)	251,500)	207,400)	159,500)	240,100)	204,300)	186,800)	164,300)	248,300)	203,300)	181,400)	149,000)
Deferred revenue	1,496,700)	1,279,800)	1,303,800)	1,370,700)	1,048,800)	1,105,200)	1,120,300)	1,130,200)	995,500)	1,010,600)	1,023,400)	994,600)	868,100)	828,300)	827,500)	831,800)	745,700)	729,100)	691,100)	677,900)	613,800)	620,000)	584,700)
Other accrued liabilities	389,500)	397,100)	413,400)	454,600)	365,600)	388,000)	413,000)	440,700)	411,900)	444,600)	448,500)	457,000)	409,300)	354,800)	327,000)	346,200)	324,300)	288,100)	298,000)	258,000)	259,700)	234,400)	274,200)
Income taxes payable	66,100)	62,300)	70,500)	16,600)	159,900)	310,400)	793,000)	132,000)	55,900)	52,500)	64,000)	26,900)	35,100)	320,100)	268,900)	215,100)	35,400)	46,800)	78,700)	58,300)	45,000)	28,700)	67,200)
Other short-term debt	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	14,100)	—)	—)	—)	—)
Current portion of long-term debt, net	499,300)	699,800)	699,500)	699,200)	698,900)	799,900)	799,500)	799,200)	799,200)	502,400)	502,100)	502,000)	602,800)	602,600)	602,400)	602,200)	2,900)	2,100)	1,700)	1,500)	801,600)	801,700)	801,300)
Current liabilities held for sale	—)	—)	—)	—)	220,400)	232,400)	—)	159,100)	168,600)	—)	—)	—)	—)	—)	—)	—)	31,500)	28,100)	24,200)	38,900)	32,200)	35,000)	—)
Current liabilities	2,812,700)	2,763,900)	2,775,400)	2,892,500)	2,840,400)	3,166,100)	3,501,800)	3,121,800)	2,861,100)	2,503,100)	2,462,900)	2,444,400)	2,339,900)	2,498,600)	2,366,100)	2,397,400)	1,500,900)	1,443,200)	1,444,700)	1,448,200)	2,119,300)	2,066,400)	2,047,500)
Long-term debt, net of current portion	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)	9,064,500)	9,101,200)	5,263,800)	4,674,200)	4,673,100)	6,195,100)	4,718,900)	4,487,000)	4,940,200)	4,414,300)	4,821,700)	3,820,700)
Deferred taxes	1,546,000)	1,589,400)	1,652,900)	1,676,800)	1,365,000)	1,408,100)	1,476,100)	1,479,500)	1,526,000)	1,550,600)	1,571,600)	1,562,500)	1,563,900)	1,070,300)	1,081,100)	1,108,100)	1,099,700)	948,900)	920,500)	931,100)	958,200)	963,700)	829,800)
Other liabilities	411,600)	394,900)	409,400)	411,200)	373,400)	392,500)	451,200)	426,200)	468,800)	491,300)	499,100)	473,600)	486,100)	429,900)	425,100)	438,400)	437,700)	425,800)	416,600)	191,500)	196,800)	204,900)	220,600)
Liabilities held for sale	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	14,400)	20,500)	7,900)	—)	1,600)	1,400)	—)
Noncurrent liabilities	8,336,600)	7,950,600)	8,026,700)	8,050,500)	7,699,000)	8,457,700)	8,582,100)	9,028,300)	9,524,700)	10,241,400)	10,642,500)	11,100,600)	11,151,200)	6,764,000)	6,180,400)	6,219,600)	7,746,900)	6,114,100)	5,832,000)	6,062,800)	5,570,900)	5,991,700)	4,871,100)
Total liabilities	11,149,300)	10,714,500)	10,802,100)	10,943,000)	10,539,400)	11,623,800)	12,083,900)	12,150,100)	12,385,800)	12,744,500)	13,105,400)	13,545,000)	13,491,100)	9,262,600)	8,546,500)	8,617,000)	9,247,800)	7,557,300)	7,276,700)	7,511,000)	7,690,200)	8,058,100)	6,918,600)
Common stock	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,100)	1,000)
Additional paid-in capital	2,723,800)	2,655,300)	2,570,400)	2,510,200)	2,467,900)	2,417,100)	2,363,900)	2,307,800)	2,276,200)	2,217,900)	2,138,900)	2,097,500)	2,069,900)	2,012,900)	1,946,300)	1,903,900)	1,873,300)	1,840,500)	1,799,900)	1,751,500)	1,733,600)	1,691,600)	1,653,900)
Retained earnings	14,507,500)	14,233,200)	13,941,200)	13,730,700)	11,874,800)	11,613,500)	11,410,400)	9,455,600)	9,233,200)	9,003,100)	8,776,000)	8,546,200)	8,349,400)	8,168,700)	8,003,100)	7,818,000)	7,000,300)	6,771,000)	6,569,400)	6,247,700)	6,038,400)	5,833,400)	5,647,600)
Accumulated other comprehensive loss	(176,800)	(126,700)	(162,900)	(187,000)	(468,700)	(287,800)	(206,000)	(183,100)	(150,500)	(115,100)	(132,400)	(147,000)	(241,400)	(284,800)	(341,000)	(212,800)	(285,100)	(243,200)	(214,600)	(243,300)	(199,600)	(204,600)	(128,400)
Treasury stock	(16,900)	(17,000)	(17,100)	(17,200)	(17,300)	(17,400)	(17,500)	(17,600)	(17,700)	(17,800)	(17,900)	(18,000)	(18,100)	(18,200)	(18,200)	(18,300)	(18,300)	(18,400)	(18,400)	(18,500)	(18,600)	(18,600)	(18,600)
Stockholders’ equity	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)	7,738,500)	7,554,900)	7,302,900)	7,155,500)
Total liabilities and stockholders’ equity	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)	18,108,900)	17,819,100)	15,908,300)	15,414,100)	15,249,500)	15,245,100)	15,361,000)	14,074,100)

The balance sheet exhibits a significant expansion in total assets and liabilities, with total liabilities and stockholders' equity growing from approximately 14.07 billion USD in March 2018 to 28.19 billion USD by September 2023. This growth is characterized by a strategic increase in equity and a period of substantial debt accumulation that peaked in 2020 before stabilizing.

Liability Structure and Debt Trends: Total liabilities experienced a sharp increase between 2018 and 2020, rising from 6.92 billion USD to a peak of 13.54 billion USD in December 2020. This surge was primarily driven by long-term debt, which escalated from 3.82 billion USD in early 2018 to 9.10 billion USD by September 2020. Following this peak, long-term debt trended downward, settling at 6.38 billion USD by September 2023, suggesting a phase of deleveraging or debt repayment.
Current Liability Dynamics: Current liabilities showed a general upward trajectory, increasing from 2.05 billion USD in March 2018 to 2.81 billion USD in September 2023. A notable component of this growth is deferred revenue, which climbed steadily from 584.7 million USD to nearly 1.50 billion USD over the analyzed period. This consistent rise in deferred revenue suggests a strengthening of pre-paid service contracts or a shift toward a recurring revenue model. Other current liabilities, such as accounts payable and accrued compensation, remained relatively stable or showed cyclical fluctuations.
Equity Growth and Profit Retention: Stockholders' equity demonstrated robust and consistent growth, expanding from 7.16 billion USD in March 2018 to 17.04 billion USD in September 2023. The primary driver of this increase was retained earnings, which grew from 5.65 billion USD to 14.51 billion USD. This substantial accumulation of retained earnings indicates strong internal capital generation and a high capacity to fund operations and growth through organic profits.
Capital Contributions and Other Equity Factors: Additional paid-in capital rose steadily from 1.65 billion USD to 2.72 billion USD, reflecting ongoing capital infusions. Accumulated other comprehensive loss remained volatile and generally negative throughout the period, though it did not materially offset the massive gains in retained earnings. Treasury stock remained negligible, showing minimal activity.
Solvency and Leverage Observations: While total liabilities increased over the long term, the rate of growth in stockholders' equity significantly outpaced the growth in liabilities. In March 2018, liabilities represented approximately 49% of total liabilities and equity; by September 2023, this proportion decreased to approximately 39%. This shift indicates a strengthening of the solvency position and a reduced reliance on external debt relative to equity.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?

Roper Technologies Inc. (NASDAQ:ROP)

Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data