Calculation
| Net profit margin | = | 100 | × | Net earnings1 | ÷ | Net revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 84.60% | = | 100 | × | 4,544,700) | ÷ | 5,371,800) |
| Dec 31, 2021 | 19.95% | = | 100 | × | 1,152,600) | ÷ | 5,777,800) |
| Dec 31, 2020 | 17.18% | = | 100 | × | 949,700) | ÷ | 5,527,100) |
| Dec 31, 2019 | 32.94% | = | 100 | × | 1,767,900) | ÷ | 5,366,800) |
| Dec 31, 2018 | 18.19% | = | 100 | × | 944,400) | ÷ | 5,191,200) |
| Dec 31, 2017 | 21.09% | = | 100 | × | 971,772) | ÷ | 4,607,471) |
| Dec 31, 2016 | 17.38% | = | 100 | × | 658,645) | ÷ | 3,789,925) |
| Dec 31, 2015 | 19.43% | = | 100 | × | 696,067) | ÷ | 3,582,395) |
| Dec 31, 2014 | 18.20% | = | 100 | × | 646,033) | ÷ | 3,549,494) |
| Dec 31, 2013 | 16.62% | = | 100 | × | 538,293) | ÷ | 3,238,128) |
| Dec 31, 2012 | 16.15% | = | 100 | × | 483,360) | ÷ | 2,993,489) |
| Dec 31, 2011 | 15.27% | = | 100 | × | 427,247) | ÷ | 2,797,089) |
| Dec 31, 2010 | 13.52% | = | 100 | × | 322,580) | ÷ | 2,386,112) |
| Dec 31, 2009 | 11.68% | = | 100 | × | 239,481) | ÷ | 2,049,668) |
| Dec 31, 2008 | 12.42% | = | 100 | × | 286,515) | ÷ | 2,306,371) |
| Dec 31, 2007 | 11.89% | = | 100 | × | 250,033) | ÷ | 2,102,049) |
| Dec 31, 2006 | 11.37% | = | 100 | × | 193,324) | ÷ | 1,700,734) |
| Dec 31, 2005 | 10.54% | = | 100 | × | 153,175) | ÷ | 1,453,731) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The net profit margin exhibits a strong long-term upward trend, characterized by steady expansion in the first decade followed by significant volatility and an anomalous surge in the final year of the analyzed period.
- Steady Margin Expansion (2005–2015)
- During this interval, the net profit margin increased consistently from 10.54% to 19.43%. This growth was supported by a simultaneous and steady increase in both net revenues and net earnings, indicating an improvement in operational efficiency and a strengthened ability to convert revenue into profit.
- Period of Volatility (2016–2021)
- The margin entered a phase of fluctuation, dipping to 17.38% in 2016 and reaching a notable peak of 32.94% in 2019. While net revenues continued a general upward trajectory, peaking at 5.78 billion in 2021, net earnings demonstrated higher variance, leading to a less stable profit margin compared to the previous decade.
- Fiscal Anomaly (2022)
- A significant divergence is observed in 2022, where the net profit margin rose sharply to 84.60%. This result is driven by a substantial increase in net earnings to approximately 4.54 billion, occurring despite a slight decrease in net revenues to 5.37 billion. The disproportionate relationship between the revenue decline and the earnings surge suggests the impact of non-operating income or a one-time extraordinary financial gain.
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Comparison to Competitors
| Roper Technologies Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 84.60% | 25.31% | 30.87% | 22.91% | 5.50% | 11.61% | 5.49% |
| Dec 31, 2021 | 19.95% | 25.88% | 28.52% | 21.26% | 3.45% | 22.80% | 3.14% |
| Dec 31, 2020 | 17.18% | 20.91% | 27.38% | 22.75% | 5.01% | 8.07% | 2.52% |
| Dec 31, 2019 | 32.94% | 21.24% | 35.67% | 22.39% | -2.55% | -2.33% | 2.05% |
| Dec 31, 2018 | 18.19% | 22.41% | 15.25% | 0.22% | — | 19.88% | 1.37% |
| Dec 31, 2017 | 21.09% | 21.09% | 25.71% | 20.02% | — | -10.23% | 2.69% |
| Dec 31, 2016 | 17.38% | 21.19% | 16.31% | 21.81% | — | 1.03% | 3.25% |
| Dec 31, 2015 | 19.43% | 22.85% | 14.46% | 18.27% | — | -0.41% | 5.12% |
| Dec 31, 2014 | 18.20% | 21.61% | 14.87% | 16.66% | — | — | 3.69% |
| Dec 31, 2013 | 16.62% | 21.67% | — | 20.54% | — | — | 1.83% |
| Dec 31, 2012 | 16.15% | 26.67% | — | 17.46% | — | — | 2.94% |
| Dec 31, 2011 | 15.27% | 23.95% | — | 15.02% | — | — | 4.27% |
| Dec 31, 2010 | 13.52% | 21.48% | — | 19.40% | — | — | 3.73% |
| Dec 31, 2009 | 11.68% | 15.61% | — | 16.98% | — | — | 3.19% |
| Dec 31, 2008 | 12.42% | 14.88% | — | 20.36% | — | — | 4.70% |
| Dec 31, 2007 | 11.89% | 14.56% | — | 21.00% | — | — | 4.60% |
| Dec 31, 2006 | 11.37% | 10.30% | — | 19.59% | — | — | — |
| Dec 31, 2005 | 10.54% | 9.58% | — | 23.15% | — | — | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Roper Technologies Inc., net profit margin, long-term trends, comparison to sector (technology hardware & equipment)
| Roper Technologies Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2022 | 84.60% | 21.31% |
| Dec 31, 2021 | 19.95% | 21.21% |
| Dec 31, 2020 | 17.18% | 17.50% |
| Dec 31, 2019 | 32.94% | 15.96% |
| Dec 31, 2018 | 18.19% | 18.73% |
| Dec 31, 2017 | 21.09% | 20.66% |
| Dec 31, 2016 | 17.38% | 21.06% |
| Dec 31, 2015 | 19.43% | 21.84% |
| Dec 31, 2014 | 18.20% | 20.48% |
| Dec 31, 2013 | 16.62% | 21.32% |
| Dec 31, 2012 | 16.15% | 24.46% |
| Dec 31, 2011 | 15.27% | 21.29% |
| Dec 31, 2010 | 13.52% | 20.58% |
| Dec 31, 2009 | 11.68% | 16.20% |
| Dec 31, 2008 | 12.42% | 17.79% |
| Dec 31, 2007 | 11.89% | 18.28% |
| Dec 31, 2006 | 11.37% | 15.84% |
| Dec 31, 2005 | 10.54% | 18.27% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Roper Technologies Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Roper Technologies Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2022 | 84.60% | 22.27% |
| Dec 31, 2021 | 19.95% | 23.48% |
| Dec 31, 2020 | 17.18% | 19.76% |
| Dec 31, 2019 | 32.94% | 19.73% |
| Dec 31, 2018 | 18.19% | 18.59% |
| Dec 31, 2017 | 21.09% | 17.77% |
| Dec 31, 2016 | 17.38% | 17.58% |
| Dec 31, 2015 | 19.43% | 18.32% |
| Dec 31, 2014 | 18.20% | 19.33% |
| Dec 31, 2013 | 16.62% | 20.15% |
| Dec 31, 2012 | 16.15% | 20.07% |
| Dec 31, 2011 | 15.27% | 20.71% |
| Dec 31, 2010 | 13.52% | 20.19% |
| Dec 31, 2009 | 11.68% | 14.45% |
| Dec 31, 2008 | 12.42% | 15.07% |
| Dec 31, 2007 | 11.89% | 15.71% |
| Dec 31, 2006 | 11.37% | 16.26% |
| Dec 31, 2005 | 10.54% | 16.64% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).