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ROP (Roper Technologies) Return-on-Tangible-Asset : 43.74% (As of Mar. 2025)


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What is Roper Technologies Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Roper Technologies's annualized Net Income for the quarter that ended in Mar. 2025 was $1,324 Mil. Roper Technologies's average total tangible assets for the quarter that ended in Mar. 2025 was $3,028 Mil. Therefore, Roper Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 43.74%.

The historical rank and industry rank for Roper Technologies's Return-on-Tangible-Asset or its related term are showing as below:

ROP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 34.33   Med: 46.84   Max: 135.01
Current: 50.44

During the past 13 years, Roper Technologies's highest Return-on-Tangible-Asset was 135.01%. The lowest was 34.33%. And the median was 46.84%.

ROP's Return-on-Tangible-Asset is ranked better than
98.45% of 2832 companies
in the Software industry
Industry Median: 1.98 vs ROP: 50.44

Roper Technologies Return-on-Tangible-Asset Historical Data

The historical data trend for Roper Technologies's Return-on-Tangible-Asset 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.

* Premium members only.

Roper Technologies Return-on-Tangible-Asset Chart

Roper Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.43 34.83 135.01 47.40 53.44

Roper Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.87 47.10 49.37 61.28 43.74

Competitive Comparison of Roper Technologies's Return-on-Tangible-Asset

For the Software - Application subindustry, Roper Technologies's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Roper Technologies's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Roper Technologies's Return-on-Tangible-Asset falls into.


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Roper Technologies Return-on-Tangible-Asset Calculation

Roper Technologies's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1549.3/( (2836.6+2962.2)/ 2 )
=1549.3/2899.4
=53.44 %

Roper Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1324.4/( (2962.2+3093.7)/ 2 )
=1324.4/3027.95
=43.74 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Roper Technologies  (NAS:ROP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Roper Technologies Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Roper Technologies's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Roper Technologies Business Description

Traded in Other Exchanges
Address
6496 University Parkway, Sarasota, FL, USA, 34240
Roper Technologies is a diversified technology company that operates three segments: application software, network software, and technology enabled products. Roper acquires asset light, cash generative businesses and deploys excess cash to acquire further portfolio companies. The firm operates a highly decentralized model with portfolio company management holding autonomy and accountability for key operational decisions, and a small, centralized team overseeing capital deployment and providing executive coaching and reviewing strategic goals.
Executives
Jason Conley officer: Vice President and Controller C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Brandon L Cross officer: VP and Corporate Controller 6901 PROFESSIONAL PARKWAY, SUITE 200, SARASOTA FL 34240
John K Stipancich officer: VP, GC & Secretary C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY E, STE. 200, SARASOTA FL 34240
Richard F Wallman director HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Christopher Wright director C/O GENAISSANCE PHARMACEUTICALS INC, 5 SCIENCE PARK, NEW HAVEN CT 06511
Laurence Neil Hunn officer: Executive Vice President 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Shellye L Archambeau director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Robert Crisci officer: Vice President and CFO C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Joyce Thomas Patrick Jr director 2099 PENNSYLVANIA AVENUE, NW, 12TH FLOOR, WASHINGTON DC 22207
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Amy Woods Brinkley director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-58-04, CHARLOTTE NC 28255
Fort John F Iii director C/O ROPER INDUSTRIES INC, 2160 SATELLITE BLVD, DULUTH GA 30097
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304