GURUFOCUS.COM » STOCK LIST » Technology » Software » Roper Technologies Inc (BSP:R1OP34) » Definitions » Tax Rate %

Roper Technologies (BSP:R1OP34) Tax Rate % : 21.06% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Roper Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Roper Technologies's Tax Expense for the three months ended in Mar. 2024 was R$507 Mil. Roper Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was R$2,410 Mil. Therefore, Roper Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 21.06%.


Roper Technologies Tax Rate % Historical Data

The historical data trend for Roper Technologies's Tax Rate % 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 Tax Rate % Chart

Roper Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 21.77 21.96 23.12 21.50

Roper Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % 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 21.05 22.15 21.92 20.81 21.06

Roper Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Roper Technologies's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1835.955/8540.841
=21.50 %

Roper Technologies's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=507.442/2409.725
=21.06 %

* 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.


Roper Technologies Tax Rate % Related Terms

Thank you for viewing the detailed overview of Roper Technologies's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Roper Technologies (BSP:R1OP34) Business Description

Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
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.

Roper Technologies (BSP:R1OP34) Headlines

No Headlines