Stock Analysis on Net
Stock Analysis on Net

Roper Technologies Inc. (NASDAQ:ROP)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Return on Equity (ROE)
since 2005

Microsoft Excel

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Calculation

Roper Technologies Inc., ROE, long-term trends, calculation

Microsoft Excel
ROE = 100 × Net earnings1 ÷ Stockholders’ equity1
Dec 31, 2022 = 100 × ÷
Dec 31, 2021 = 100 × ÷
Dec 31, 2020 = 100 × ÷
Dec 31, 2019 = 100 × ÷
Dec 31, 2018 = 100 × ÷
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Dec 31, 2006 = 100 × ÷
Dec 31, 2005 = 100 × ÷

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

Net Earnings
The net earnings demonstrate a generally upward trend over the period analyzed, with some fluctuations. Starting from approximately 153 million in 2005, net earnings increased steadily and reached 1.77 billion in 2019. There was a sharp increase from 2018 to 2019. However, the subsequent years show volatility; net earnings declined to 950 million in 2020, slightly recovered in 2021 to 1.15 billion, and then sharply surged to 4.54 billion in 2022. This significant jump in 2022 marks the highest net earnings recorded in the period.
Stockholders’ Equity
Stockholders’ equity shows consistent growth throughout the period, increasing from roughly 1.25 billion in 2005 to 16.04 billion in 2022. The increase is steady without any periods of decline, indicating strong capitalization and accumulation of retained earnings over time. Growth accelerated notably in the last few years, particularly after 2017, reflecting ongoing reinvestment and equity enhancement activities.
Return on Equity (ROE)
ROE exhibits moderate variability across the years. It started at 12.26% in 2005, fluctuated around the 11%-14% range for most of the period, with a low point of 9.06% in 2020. The ROE peaked at 18.63% in 2019. The most notable change occurred in 2022 when ROE rose sharply to 28.34%, corresponding with the marked increase in net earnings during the same year. The lower ROE values in 2020 and 2021 reflect the impact of decreased net earnings in that interval despite continued equity growth.
Overall Analysis
The financial data indicates strong growth in both profitability and equity over the long term. While net earnings and ROE demonstrate some volatility, the underlying trend is positive, with especially remarkable gains in recent years. The substantial rise in net earnings and ROE in 2022 suggests a significant improvement in operational performance or one-time gains that boosted profitability relative to equity. The consistent increase in stockholders' equity supports financial stability and capacity for future growth. The variations in ROE reveal sensitivity of earnings performance to market or operational conditions, highlighting periods of relative weakness primarily during 2020 and 2021.

Comparison to Competitors

Roper Technologies Inc., ROE, long-term trends, comparison to competitors

Microsoft Excel
Roper Technologies Inc. Apple Inc. Arista Networks Inc. Cisco Systems Inc. Dell Technologies Inc. Super Micro Computer Inc.
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
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Dec 31, 2014
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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., ROE, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel
Roper Technologies Inc. Technology Hardware & Equipment
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
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Dec 31, 2014
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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., ROE, long-term trends, comparison to industry (information technology)

Microsoft Excel
Roper Technologies Inc. Information Technology
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
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Dec 31, 2014
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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).