Roper Technologies's gross profit for the
three
months ended in Dec. 2023 was $1,125 Mil. Roper Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4,307 Mil.
Roper Technologies had a gross margin of 69.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Roper Technologies was 70.50%. The lowest was 59.22%. And the median was 64.80%.
Roper Technologies Gross Profit Historical Data
The historical data trend for Roper Technologies's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Roper Technologies's Gross Profit
For the Software - Application subindustry, Roper Technologies's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Roper Technologies's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Roper Technologies's Gross Profit distribution charts can be found below:
* The bar in red indicates where Roper Technologies's Gross Profit falls into.
Roper Technologies Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Roper Technologies's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,307 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Roper Technologies had a gross margin of 69.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Roper Technologies Gross Profit Related Terms
Thank you for viewing the detailed overview of Roper Technologies's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Roper Technologies (Roper Technologies) Business Description
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
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