In case $ROP (+0.09%) is not only anyone's watchlist, perhaps it should be.
In Q2 2024, the company's margins benefitted from a growing high-margin business mix and operating leverage on volume growth. This resulted in a 20 bps Y/Y increase to 40.5%.
The company is doing a good job in terms of rolling out AI offerings, but it is not yet monetizing these offerings to the full extent. Look for that in the long-term, helping pricing and margins.