Explain this page
Arphra AIPlain-English read on Roper Technologies, Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | — | — | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +70.50% | +69.86% | +69.72% | +69.30% | +69.24% | +69.17% | +68.97% | +69.69% | +69.49% |
| Operating margin | +27.63% | +28.38% | +28.25% | +28.37% | +28.29% | +27.85% | +27.73% | +28.97% | +28.25% |
| EBITDA margin | +38.93% | +39.55% | +43.11% | +43.18% | +39.65% | +40.97% | +41.81% | +41.35% | +42.92% |
| EBIT margin | +26.19% | +27.45% | +30.88% | +31.63% | +28.61% | +30.78% | +29.52% | +29.58% | +30.72% |
| Pre-tax margin | +21.35% | +23.87% | +28.22% | +27.95% | +24.50% | +27.57% | +26.41% | +26.38% | +27.18% |
| Net margin | +22.69% | +22.12% | +22.08% | +22.01% | +19.44% | +21.78% | +21.03% | +21.38% | +20.93% |
| Cost structure | |||||||||
| Cost of revenue / sales | +29.50% | +30.14% | +30.28% | +30.70% | +30.76% | +29.81% | +31.06% | +30.33% | +30.75% |
| R&D intensity | +10.03% | +9.86% | +10.46% | +10.63% | 0.00% | +7.19% | +7.21% | +6.97% | +6.84% |
| SG&A intensity | +32.84% | +31.62% | +31.01% | +30.31% | +40.96% | +34.51% | +34.75% | +34.48% | +33.18% |
| Effective tax rate | +21.96% | +23.12% | +21.50% | +21.24% | +20.65% | +20.36% | +21.92% | +21.18% | +21.51% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +9.48% | +7.41% | +7.82% | +8.21% | +7.73% | +8.13% | +7.65% | +7.81% | +7.78% |
| Return on assets (ROA) | +4.62% | +4.40% | +4.84% | +4.94% | +4.44% | +4.91% | +4.71% | +4.69% | +4.61% |
| Return on capital (ROC) | +6.84% | +6.70% | +7.33% | +7.52% | +7.66% | +7.41% | +7.19% | +7.55% | +7.46% |
| Return on invested capital (ROIC) | +5.62% | +5.22% | +5.73% | +5.84% | +5.26% | +5.80% | +5.45% | +5.57% | +5.52% |
| Asset turnover | +20.38% | +19.91% | +21.93% | +22.46% | +22.85% | +22.54% | +22.41% | +21.92% | +22.03% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +22.69% | +22.12% | +22.08% | +22.01% | +19.44% | +21.78% | +21.03% | +21.38% | +20.93% |
| Asset turnover (× revenue / assets) | +20.38% | +19.91% | +21.93% | +22.46% | +22.85% | +22.54% | +22.41% | +21.92% | +22.03% |
| Equity multiplier (× assets / equity) | +205.07% | +168.23% | +161.47% | +166.08% | +173.92% | +165.63% | +162.29% | +166.70% | +168.64% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 0.20 | 0.20 | 0.22 | 0.22 | 0.23 | 0.23 | 0.22 | 0.22 | 0.22 |
| Fixed-asset turnover | 47.02 | 62.98 | 51.65 | 47.02 | 50.37 | — | — | — | — |
| Inventory turnover | 20.61 | 14.55 | 15.77 | 17.89 | 17.15 | — | — | — | — |
| Receivables turnover | 6.15 | 6.13 | 6.28 | 6.78 | 6.31 | — | — | — | — |
| Payables turnover | 14.51 | 13.21 | 13.08 | 14.59 | 16.17 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 59.37 | 59.59 | 58.14 | 53.82 | 57.88 | — | — | — | — |
| Days inventory outstanding (DIO) | 17.71 | 25.09 | 23.14 | 20.40 | 21.28 | — | — | — | — |
| Days payables outstanding (DPO) | 25.16 | 27.64 | 27.90 | 25.02 | 22.57 | — | — | — | — |
| Cash conversion cycle | 51.93 | 57.04 | 53.38 | 49.21 | 56.59 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 1.83 | 0.62 | 1.49 | 1.54 | 1.65 | 1.51 | 1.58 | 1.58 | 1.62 |
| FCF / Net income | 1.78 | 0.56 | 1.41 | 1.50 | 1.62 | 1.50 | 1.55 | 1.47 | 1.49 |
| FCF margin | +40.33% | +12.37% | +31.19% | +33.06% | +31.55% | +32.60% | +32.54% | +31.40% | +31.27% |
| OCF margin | +41.62% | +13.68% | +32.94% | +34.00% | +32.15% | +32.94% | +33.28% | +33.78% | +33.83% |
| CapEx / Revenue | +1.30% | +1.31% | +1.75% | +0.94% | +0.60% | +1.10% | +1.12% | +1.12% | +1.12% |
| CapEx / D&A | 0.10 | 0.11 | 0.14 | 0.08 | 0.05 | — | — | — | — |
| Stock-based comp / Revenue | +2.54% | +2.21% | +2.00% | +2.07% | 0.00% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 10.30 | 11.13 | 12.70 | 14.35 | 14.20 | 21.91 | 23.85 | 25.50 | 30.90 |
| EPS · basic | 10.41 | 11.22 | 12.80 | 14.47 | 14.31 | 22.10 | 24.24 | 25.34 | 31.47 |
| Book value / share | 108.58 | 150.17 | 162.43 | 174.70 | 184.43 | 211.06 | 231.65 | 250.00 | 286.62 |
| Tangible BV / share | -85.63 | -74.34 | -73.43 | -88.01 | -104.12 | 211.06 | 231.65 | 250.00 | 286.62 |
| Sales / share | 45.39 | 50.30 | 57.52 | 65.18 | 73.31 | 78.79 | 84.23 | 91.34 | 106.50 |
| Operating CF / share | 18.89 | 6.88 | 18.95 | 22.16 | 23.56 | 25.96 | 28.03 | 30.86 | 36.02 |
| Free cash flow / share | 18.30 | 6.22 | 17.94 | 21.55 | 23.13 | 25.69 | 27.41 | 28.68 | 33.30 |
| Dividends / share | 2.22 | 2.46 | 2.70 | 2.98 | 3.29 | 3.52 | 3.82 | 4.30 | 5.03 |
| Payout ratio | +21.56% | +22.07% | +21.27% | +20.78% | +23.11% | +20.49% | +21.54% | +22.00% | +22.55% |
| Retention ratio | +78.44% | +77.93% | +78.73% | +79.22% | +76.89% | +79.51% | +78.46% | +78.00% | +77.45% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +11.13% | +15.00% | +13.94% | +12.26% | +8.00% | +6.35% | +7.44% | +18.87% | +11.55% |
| Gross profit · YoY | — | +10.13% | +14.77% | +13.26% | +12.17% | +7.88% | +6.05% | +8.56% | +18.53% | +11.35% |
| Profit | ||||||||||
| Operating income · YoY | — | +14.14% | +14.48% | +14.42% | +11.95% | +6.33% | +5.90% | +12.23% | +15.94% | +11.86% |
| EBITDA · YoY | — | +12.90% | +25.35% | +14.13% | +3.10% | +11.59% | +8.54% | +6.25% | +23.38% | +12.92% |
| Net income · YoY | — | +8.36% | +14.80% | +13.56% | -0.84% | +20.99% | +2.68% | +9.23% | +16.39% | +10.44% |
| Operating | ||||||||||
| EBIT · YoY | — | +16.48% | +29.40% | +16.70% | +1.56% | +16.17% | +2.00% | +7.66% | +23.45% | +13.80% |
| R&D · YoY | — | +9.28% | +21.95% | +15.79% | -100.00% | — | +6.67% | +3.76% | +16.78% | +6.35% |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | +8.06% | +14.16% | +12.97% | -1.05% | +54.30% | +8.87% | +6.91% | +21.18% | +14.72% |
| EPS · basic · YoY | — | +7.75% | +14.05% | +13.06% | -1.11% | +54.41% | +9.71% | +4.54% | +24.19% | +14.82% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $7.96B | $6.71B | $6.37B | $7.67B | $9.3B | $9.2B | $10.07B | $10.75B | $12.72B |
| Net debt | $7.61B | $5.92B | $6.16B | $7.48B | $9B | $8.92B | $9.76B | $10.42B | $12.35B |
| Net debt / EBITDA | 4.05 | 2.78 | 2.31 | 2.46 | 2.87 | 2.55 | 2.57 | 2.58 | 2.48 |
| Debt / equity | 0.69 | 0.42 | 0.37 | 0.41 | 0.47 | 0.40 | 0.40 | 0.40 | 0.41 |
| Debt / assets | +33.58% | +24.86% | +22.63% | +24.48% | +26.90% | +24.30% | +24.85% | +24.16% | +24.18% |
| Equity / assets | +48.76% | +59.44% | +61.93% | +60.21% | +57.50% | +60.37% | +61.62% | +59.99% | +59.30% |
| Coverage | |||||||||
| EBITDA / interest expense | 8.04 | 11.04 | 16.17 | 11.73 | 9.64 | 12.04 | 12.32 | 11.75 | 12.17 |
| Operating income / interest | 5.71 | 7.92 | 10.60 | 7.70 | 6.88 | 8.19 | 8.17 | 8.23 | 8.01 |
| Interest expense | $234.1M | $192.4M | $164.7M | $259.2M | $325M | $290.38M | $308.12M | $343.31M | $408.78M |
| Liquidity | |||||||||
| Current ratio | 0.78 | 0.67 | 0.50 | 0.40 | 0.52 | — | — | — | — |
| Quick ratio | 0.36 | 0.58 | 0.40 | 0.32 | 0.42 | — | — | — | — |
| Cash ratio | 0.11 | 0.27 | 0.07 | 0.05 | 0.08 | — | — | — | — |
| Working capital | -$700.7M | -$960.1M | -$1.48B | -$2.29B | -$1.8B | — | — | — | — |
| Working capital / revenue | -14.50% | -17.87% | -23.99% | -32.53% | -22.75% | — | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).