Roper Technologies Inc
ROP
ISIN US7766961061 / Valor 959734
Roper Technologies Inc
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About company
Roper Technologies Inc. is a diversified technology company that is part of the Nasdaq 100, S&P 500, and Fortune 1000 indices, highlighting its significant presence in the market. The company specializes in the design and development of vertical software and technology-enabled products, catering to a range of niche markets. With a focus on achieving high gross margins and recurring revenue, Roper Technologies emphasizes the importance of customer intimacy over scale, aiming to secure leading positions in its chosen segments. The firm is known for its disciplined approach to capital deployment, prioritizing acquisitions that promise high-quality and strategic fit to enhance its portfolio. Operating with a decentralized model, Roper encourages nimble execution and local decision-making across its businesses, while maintaining a strategic discipline that supports operational and financial growth.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (17.12.2024):
Revenue Growth
In the fourth quarter of 2023, Roper Technologies Inc. reported a significant revenue increase of 13%, reaching $1.61 billion. This growth was driven by an 8% rise in organic revenue. For the full year 2023, the company achieved a 15% increase in total revenue, amounting to $6.18 billion, with organic revenue also growing by 8%.
Earnings Per Share
Roper Technologies Inc. saw a substantial rise in its GAAP diluted earnings per share (DEPS) for the fourth quarter of 2023, which increased by 51% to $3.50. The adjusted DEPS for the same period rose by 11% to $4.37. For the full year 2023, GAAP DEPS increased by 38% to $12.74, while adjusted DEPS grew by 17% to $16.71.
Net Earnings and EBITDA
The company's GAAP net earnings for the fourth quarter of 2023 were $378 million. Adjusted EBITDA for the quarter increased by 11% to $659 million. For the full year 2023, Roper Technologies Inc. reported GAAP net earnings of $1.37 billion and a 16% increase in adjusted EBITDA, reaching $2.51 billion.
Cash Flow
Roper Technologies Inc. reported a GAAP operating cash flow of $622 million for the fourth quarter of 2023, with adjusted operating cash flow increasing by 34% to $638 million. For the full year 2023, the company achieved a GAAP operating cash flow of $2.04 billion, and adjusted operating cash flow rose by 33% to $2.07 billion.
2024 Outlook
Looking ahead to 2024, Roper Technologies Inc. expects full-year adjusted DEPS to be in the range of $17.85 to $18.15, with first-quarter adjusted DEPS projected between $4.30 and $4.34. The company anticipates total revenue growth of 11% to 12% and organic revenue growth of 5% to 6% for the year, including the impact of the acquisition of Procare Solutions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
56289 M
Market cap (USD)
102,718
Daily traded volume (Shares)
528.17 / 522.83
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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EPS (USD)
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Ratings & reviews
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