Roper Extraordinary Items vs Gross Profit Analysis

ROP Stock  USD 560.14  5.88  1.06%   
Roper Technologies, financial indicator trend analysis is much more than just breaking down Roper Technologies, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roper Technologies, is a good investment. Please check the relationship between Roper Technologies, Extraordinary Items and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Extraordinary Items vs Gross Profit

Extraordinary Items vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roper Technologies, Extraordinary Items account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Roper Technologies,'s Extraordinary Items and Gross Profit is 0.6. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Roper Technologies, Common, assuming nothing else is changed. The correlation between historical values of Roper Technologies,'s Extraordinary Items and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Roper Technologies, Common are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Extraordinary Items i.e., Roper Technologies,'s Extraordinary Items and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Extraordinary Items

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Roper Technologies, Common minus its cost of goods sold. It is profit before Roper Technologies, operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Roper Technologies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roper Technologies, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roper Technologies, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Roper Technologies,'s Selling General Administrative is relatively stable compared to the past year. As of 11/24/2024, Discontinued Operations is likely to grow to about 4.3 B, while Sales General And Administrative To Revenue is likely to drop 0.26.
 2021 2022 2023 2024 (projected)
Interest Expense234.1M192.4M164.7M172.9M
Depreciation And Amortization615.9M650.1M755.2M793.0M

Roper Technologies, fundamental ratios Correlations

0.890.580.960.970.290.90.970.140.071.00.070.850.530.91-0.010.440.970.950.520.711.00.920.850.580.59
0.890.780.880.760.471.00.760.210.160.880.160.780.561.00.170.580.820.990.660.710.880.820.650.580.59
0.580.780.640.420.320.790.410.04-0.060.56-0.060.430.410.760.220.90.50.750.670.570.570.680.480.420.42
0.960.880.640.920.30.880.920.130.070.960.070.820.510.880.010.530.930.930.570.850.950.910.860.550.56
0.970.760.420.920.170.771.00.090.020.980.020.810.460.79-0.120.310.960.850.380.640.970.890.890.520.54
0.290.470.320.30.170.430.140.910.490.260.490.670.840.460.850.070.380.430.70.270.230.210.010.820.82
0.91.00.790.880.770.430.770.160.070.890.070.750.520.990.120.590.820.990.610.70.890.840.660.540.55
0.970.760.410.921.00.140.770.060.010.970.010.80.430.79-0.150.30.950.840.370.630.970.890.880.490.51
0.140.210.040.130.090.910.160.060.620.110.620.590.850.220.84-0.160.30.20.630.10.080.04-0.060.830.82
0.070.16-0.060.070.020.490.070.010.620.041.00.330.550.150.49-0.150.140.130.620.160.02-0.09-0.090.460.46
1.00.880.560.960.980.260.890.970.110.040.040.830.50.9-0.050.420.960.940.480.71.00.920.850.550.56
0.070.16-0.060.070.020.490.070.010.621.00.040.330.550.150.49-0.150.140.130.620.160.02-0.09-0.090.460.46
0.850.780.430.820.810.670.750.80.590.330.830.330.80.80.410.220.910.820.670.580.810.770.630.820.83
0.530.560.410.510.460.840.520.430.850.550.50.550.80.580.770.250.660.570.840.390.480.420.380.980.98
0.911.00.760.880.790.460.990.790.220.150.90.150.80.580.160.550.850.990.660.670.90.850.670.60.61
-0.010.170.220.01-0.120.850.12-0.150.840.49-0.050.490.410.770.160.090.140.130.610.03-0.07-0.04-0.150.670.67
0.440.580.90.530.310.070.590.3-0.16-0.150.42-0.150.220.250.550.090.380.560.560.520.430.50.570.250.25
0.970.820.50.930.960.380.820.950.30.140.960.140.910.660.850.140.380.890.560.650.950.870.860.70.71
0.950.990.750.930.850.430.990.840.20.130.940.130.820.570.990.130.560.890.650.730.940.880.730.60.61
0.520.660.670.570.380.70.610.370.630.620.480.620.670.840.660.610.560.560.650.540.460.460.390.820.81
0.710.710.570.850.640.270.70.630.10.160.70.160.580.390.670.030.520.650.730.540.690.630.650.390.4
1.00.880.570.950.970.230.890.970.080.021.00.020.810.480.9-0.070.430.950.940.460.690.920.850.530.54
0.920.820.680.910.890.210.840.890.04-0.090.92-0.090.770.420.85-0.040.50.870.880.460.630.920.760.480.49
0.850.650.480.860.890.010.660.88-0.06-0.090.85-0.090.630.380.67-0.150.570.860.730.390.650.850.760.430.44
0.580.580.420.550.520.820.540.490.830.460.550.460.820.980.60.670.250.70.60.820.390.530.480.431.0
0.590.590.420.560.540.820.550.510.820.460.560.460.830.980.610.670.250.710.610.810.40.540.490.441.0
Click cells to compare fundamentals

Roper Technologies, Account Relationship Matchups

Roper Technologies, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B24.0B23.7B27.0B28.2B29.6B
Short Long Term Debt Total5.3B9.6B7.9B6.7B6.4B6.7B
Other Current Liab801.4M1.7B2.1B637M653.2M344.6M
Total Current Liabilities2.4B2.4B3.1B2.9B3.0B3.1B
Total Stockholder Equity9.5B10.5B11.6B16.0B17.4B18.3B
Property Plant And Equipment Net139.9M140.6M102.8M85.3M119.6M91.1M
Net Debt4.6B9.3B7.6B5.9B6.2B6.5B
Retained Earnings7.8B8.5B9.5B13.7B14.8B15.6B
Accounts Payable162M127.1M98.3M122.6M143M94.3M
Cash709.7M308.3M351.5M792.8M214.3M268.3M
Non Current Assets Total16.1B22.3B21.3B25.0B26.7B28.0B
Cash And Short Term Investments709.7M308.3M351.5M792.8M214.3M268.3M
Net Receivables993.6M840.4M786.3M877M984M1.0B
Common Stock Shares Outstanding105.1M105.7M106.5M106.8M107.4M94.2M
Liabilities And Stockholders Equity18.1B24.0B23.7B27.0B28.2B29.6B
Non Current Liabilities Total6.2B11.1B9.0B8.1B7.8B8.1B
Inventory198.6M198.4M176.1M111.3M118.6M138.4M
Other Current Assets97.6M438.5M1.2B151.3M164.5M94.7M
Other Stockholder Equity1.9B2.1B2.3B2.5B2.8B2.9B
Total Liab8.6B13.5B12.2B10.9B10.7B11.3B
Total Current Assets2.0B1.8B2.4B1.9B1.5B958.9M
Short Term Debt602.2M556.2M840.7M745.6M542.8M569.9M
Intangible Assets4.7B7.2B6.6B8.0B8.2B8.6B
Non Currrent Assets Other390.8M425.8M405.9M395.4M407.7M428.1M
Accumulated Other Comprehensive Income(212.8M)(147M)(183.1M)(187M)(122.8M)(116.7M)
Other Liab1.3B2.0B1.9B1.9B2.2B2.3B
Other Assets219.5M700K507M451.3M519.0M544.9M
Long Term Debt4.7B9.1B7.1B6.0B5.8B3.0B
Treasury Stock(18.5M)(18.3M)(18M)(17.6M)(20.2M)(21.3M)
Property Plant Equipment139.9M140.6M102.8M85.3M98.1M114.8M
Current Deferred Revenue831.8M994.6M1.1B1.4B1.6B1.7B
Good Will10.8B14.4B14.1B15.9B17.1B18.0B
Net Tangible Assets9.5B10.5B(9.1B)(8.0B)(7.2B)(6.9B)
Retained Earnings Total Equity6.2B7.8B8.5B9.5B10.9B11.4B
Long Term Debt Total4.7B9.1B7.1B6.0B6.9B5.7B
Capital Surpluse1.9B2.1B2.3B2.5B2.9B1.8B
Deferred Long Term Liab1.1B1.6B1.5B31.7M36.5M34.6M

Pair Trading with Roper Technologies,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roper Technologies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roper Technologies, will appreciate offsetting losses from the drop in the long position's value.

Moving together with Roper Stock

  0.61DJCO Daily Journal CorpPairCorr
The ability to find closely correlated positions to Roper Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roper Technologies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roper Technologies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roper Technologies, Common to buy it.
The correlation of Roper Technologies, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roper Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roper Technologies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roper Technologies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Roper Stock Analysis

When running Roper Technologies,'s price analysis, check to measure Roper Technologies,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Roper Technologies, is operating at the current time. Most of Roper Technologies,'s value examination focuses on studying past and present price action to predict the probability of Roper Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roper Technologies,'s price. Additionally, you may evaluate how the addition of Roper Technologies, to your portfolios can decrease your overall portfolio volatility.