Discontinued — last reported Q3 '24
Business Segments · Percent change in gross profit
Application Software — Percent change in gross profit
Roper Technologies, Inc. Application Software — Percent change in gross profit decreased by 0.5% to 20.6% in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 22.8%, from 26.7% to 20.6%. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2019
Last reportedQ3 2024Nov 1, 2024
How to read this metric
Positive change indicates improving unit economics or scale efficiencies; negative change suggests rising costs or pricing pressure.
Detailed definition
The year-over-year percentage change in the gross profit of the application software segment. This highlights the effici...
Peer comparison
Standard metric for evaluating the trend in core operational efficiency.
Metric ID:
rop_segment_application_software_percent_change_in_gross_profitHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 49.5% | 36.6% | 9.8% | 5.8% | 5.2% | 19.5% | 23.2% | 26.7% | 20.2% | 20.7% | 20.6% |
| QoQ Change | — | -26.1% | -73.2% | -40.8% | -10.3% | +275.0% | +19.0% | +15.1% | -24.3% | +2.5% | -0.5% |
| YoY Change | — | — | — | -88.3% | -85.8% | +99.0% | +300.0% | +413.5% | +3.6% | -10.8% | -22.8% |
Range5.2% – 49.5%
CAGR-29.6%
Avg YoY Growth+76.0%
Median YoY Growth-3.6%
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Frequently Asked Questions
- What is Roper Technologies, Inc.'s application software — percent change in gross profit?
- Roper Technologies, Inc. (ROP) reported application software — percent change in gross profit of 20.6% in Q3 2024.
- How has Roper Technologies, Inc.'s application software — percent change in gross profit changed year-over-year?
- Roper Technologies, Inc.'s application software — percent change in gross profit decreased by 22.8% year-over-year, from 26.7% to 20.6%.
- What does application software — percent change in gross profit mean?
- The percentage change in the software segment's profit after direct costs compared to the prior year.