Roper Technologies Inc. operates in 3 segments: Application Software; Network Software; and Technology Enabled Products.
Segment Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 27.05% | 26.71% | 26.04% | 25.53% | 24.64% |
Network Software | 41.39% | 38.22% | 31.62% | 35.21% | 36.01% |
Technology Enabled Products | 33.17% | 30.94% | 32.21% | 31.39% | 30.72% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Application Software | Application Software segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Network Software | Network Software segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. | |
Technology Enabled Products | Technology Enabled Products segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Profit Margin: Application Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 714,000) | 635,900) | 468,700) | 405,400) | 358,000) |
Net revenues | 2,639,500) | 2,380,600) | 1,799,900) | 1,588,000) | 1,452,700) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 27.05% | 26.71% | 26.04% | 25.53% | 24.64% |
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).
1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net revenues
= 100 × 714,000 ÷ 2,639,500 = 27.05%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Application Software | Application Software segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Network Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 570,600) | 511,600) | 549,800) | 538,500) | 484,400) |
Net revenues | 1,378,500) | 1,338,400) | 1,738,600) | 1,529,500) | 1,345,200) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 41.39% | 38.22% | 31.62% | 35.21% | 36.01% |
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).
1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net revenues
= 100 × 570,600 ÷ 1,378,500 = 41.39%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Network Software | Network Software segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Technology Enabled Products
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 449,100) | 482,600) | 473,500) | 501,100) | 523,900) |
Net revenues | 1,353,800) | 1,559,600) | 1,469,900) | 1,596,400) | 1,705,600) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 33.17% | 30.94% | 32.21% | 31.39% | 30.72% |
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).
1 2022 Calculation
Segment profit margin = 100 × Operating profit ÷ Net revenues
= 100 × 449,100 ÷ 1,353,800 = 33.17%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Technology Enabled Products | Technology Enabled Products segment profit margin ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Return on Assets (Segment ROA)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 3.81% | 4.45% | 3.22% | 4.84% | 4.28% |
Network Software | 10.44% | 8.75% | 8.37% | 8.41% | 12.24% |
Technology Enabled Products | 29.89% | 26.74% | 25.42% | 26.55% | 24.12% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Application Software | Application Software segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Network Software | Network Software segment ROA improved from 2020 to 2021 and from 2021 to 2022. | |
Technology Enabled Products | Technology Enabled Products segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Application Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 714,000) | 635,900) | 468,700) | 405,400) | 358,000) |
Total assets | 18,723,300) | 14,281,700) | 14,544,300) | 8,384,300) | 8,356,100) |
Segment Profitability Ratio | |||||
Segment ROA1 | 3.81% | 4.45% | 3.22% | 4.84% | 4.28% |
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).
1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Total assets
= 100 × 714,000 ÷ 18,723,300 = 3.81%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Application Software | Application Software segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment ROA: Network Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 570,600) | 511,600) | 549,800) | 538,500) | 484,400) |
Total assets | 5,467,400) | 5,845,500) | 6,572,300) | 6,406,300) | 3,958,700) |
Segment Profitability Ratio | |||||
Segment ROA1 | 10.44% | 8.75% | 8.37% | 8.41% | 12.24% |
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).
1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Total assets
= 100 × 570,600 ÷ 5,467,400 = 10.44%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Network Software | Network Software segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Technology Enabled Products
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Operating profit | 449,100) | 482,600) | 473,500) | 501,100) | 523,900) |
Total assets | 1,502,700) | 1,804,500) | 1,863,000) | 1,887,400) | 2,171,900) |
Segment Profitability Ratio | |||||
Segment ROA1 | 29.89% | 26.74% | 25.42% | 26.55% | 24.12% |
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).
1 2022 Calculation
Segment ROA = 100 × Operating profit ÷ Total assets
= 100 × 449,100 ÷ 1,502,700 = 29.89%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Technology Enabled Products | Technology Enabled Products segment ROA improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 0.14 | 0.17 | 0.12 | 0.19 | 0.17 |
Network Software | 0.25 | 0.23 | 0.26 | 0.24 | 0.34 |
Technology Enabled Products | 0.90 | 0.86 | 0.79 | 0.85 | 0.79 |
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).
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Application Software | Application Software segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Network Software | Network Software segment asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level. | |
Technology Enabled Products | Technology Enabled Products segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Application Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 2,639,500) | 2,380,600) | 1,799,900) | 1,588,000) | 1,452,700) |
Total assets | 18,723,300) | 14,281,700) | 14,544,300) | 8,384,300) | 8,356,100) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.14 | 0.17 | 0.12 | 0.19 | 0.17 |
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).
1 2022 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 2,639,500 ÷ 18,723,300 = 0.14
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Application Software | Application Software segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment Asset Turnover: Network Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 1,378,500) | 1,338,400) | 1,738,600) | 1,529,500) | 1,345,200) |
Total assets | 5,467,400) | 5,845,500) | 6,572,300) | 6,406,300) | 3,958,700) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.25 | 0.23 | 0.26 | 0.24 | 0.34 |
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).
1 2022 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 1,378,500 ÷ 5,467,400 = 0.25
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Network Software | Network Software segment asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level. |
Segment Asset Turnover: Technology Enabled Products
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 1,353,800) | 1,559,600) | 1,469,900) | 1,596,400) | 1,705,600) |
Total assets | 1,502,700) | 1,804,500) | 1,863,000) | 1,887,400) | 2,171,900) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.90 | 0.86 | 0.79 | 0.85 | 0.79 |
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).
1 2022 Calculation
Segment asset turnover = Net revenues ÷ Total assets
= 1,353,800 ÷ 1,502,700 = 0.90
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Technology Enabled Products | Technology Enabled Products segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Capital Expenditures to Depreciation
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 0.05 | 0.04 | 0.04 | 0.08 | 0.09 |
Network Software | 0.05 | 0.03 | 0.05 | 0.11 | 0.08 |
Technology Enabled Products | 0.31 | 0.19 | 0.23 | 0.43 | 0.36 |
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).
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Application Software | Application Software segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Network Software | Network Software segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. | |
Technology Enabled Products | Technology Enabled Products segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Capital Expenditures to Depreciation: Application Software
Roper Technologies Inc.; Application Software; segment capital expenditures to depreciation calculation
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Capital expenditures | 20,700) | 18,000) | 12,900) | 17,400) | 19,000) |
Depreciation and other amortization | 455,800) | 421,000) | 296,900) | 230,200) | 212,800) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.05 | 0.04 | 0.04 | 0.08 | 0.09 |
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).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and other amortization
= 20,700 ÷ 455,800 = 0.05
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Application Software | Application Software segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Capital Expenditures to Depreciation: Network Software
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Capital expenditures | 8,800) | 6,000) | 8,900) | 15,100) | 8,300) |
Depreciation and other amortization | 164,200) | 171,800) | 178,500) | 132,900) | 98,100) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.05 | 0.03 | 0.05 | 0.11 | 0.08 |
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).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and other amortization
= 8,800 ÷ 164,200 = 0.05
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Network Software | Network Software segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Capital Expenditures to Depreciation: Technology Enabled Products
Roper Technologies Inc.; Technology Enabled Products; segment capital expenditures to depreciation calculation
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Capital expenditures | 9,200) | 6,400) | 8,000) | 17,300) | 15,400) |
Depreciation and other amortization | 29,800) | 33,300) | 34,700) | 40,300) | 42,600) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.31 | 0.19 | 0.23 | 0.43 | 0.36 |
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).
1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and other amortization
= 9,200 ÷ 29,800 = 0.31
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Technology Enabled Products | Technology Enabled Products segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Net revenues
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 2,639,500) | 2,380,600) | 1,799,900) | 1,588,000) | 1,452,700) |
Network Software | 1,378,500) | 1,338,400) | 1,738,600) | 1,529,500) | 1,345,200) |
Technology Enabled Products | 1,353,800) | 1,559,600) | 1,469,900) | 1,596,400) | 1,705,600) |
Process Technologies | —) | 499,200) | 518,700) | 652,900) | 687,700) |
Total | 5,371,800) | 5,777,800) | 5,527,100) | 5,366,800) | 5,191,200) |
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).
Operating profit
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 714,000) | 635,900) | 468,700) | 405,400) | 358,000) |
Network Software | 570,600) | 511,600) | 549,800) | 538,500) | 484,400) |
Technology Enabled Products | 449,100) | 482,600) | 473,500) | 501,100) | 523,900) |
Process Technologies | —) | 152,900) | 131,600) | 225,800) | 233,600) |
Corporate | (209,200) | (203,300) | (192,500) | (172,400) | (203,500) |
Total | 1,524,500) | 1,579,700) | 1,431,100) | 1,498,400) | 1,396,400) |
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).
Total assets
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 18,723,300) | 14,281,700) | 14,544,300) | 8,384,300) | 8,356,100) |
Network Software | 5,467,400) | 5,845,500) | 6,572,300) | 6,406,300) | 3,958,700) |
Technology Enabled Products | 1,502,700) | 1,804,500) | 1,863,000) | 1,887,400) | 2,171,900) |
Process Technologies | —) | 530,900) | 599,200) | 632,400) | 653,400) |
Corporate | 1,287,400) | 462,700) | 446,000) | 798,500) | 109,400) |
Total | 26,980,800) | 22,925,300) | 24,024,800) | 18,108,900) | 15,249,500) |
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).
Capital expenditures
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 20,700) | 18,000) | 12,900) | 17,400) | 19,000) |
Network Software | 8,800) | 6,000) | 8,900) | 15,100) | 8,300) |
Technology Enabled Products | 9,200) | 6,400) | 8,000) | 17,300) | 15,400) |
Process Technologies | —) | 1,400) | 1,200) | 2,700) | 6,300) |
Corporate | 1,400) | 1,100) | 200) | 200) | 100) |
Total | 40,100) | 32,900) | 31,200) | 52,700) | 49,100) |
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).
Depreciation and other amortization
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Application Software | 455,800) | 421,000) | 296,900) | 230,200) | 212,800) |
Network Software | 164,200) | 171,800) | 178,500) | 132,900) | 98,100) |
Technology Enabled Products | 29,800) | 33,300) | 34,700) | 40,300) | 42,600) |
Process Technologies | —) | 7,700) | 10,400) | 12,000) | 12,700) |
Corporate | 300) | 300) | 300) | 600) | 800) |
Total | 650,100) | 634,100) | 520,800) | 416,000) | 367,000) |
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).