Core Insights - Roper Technologies' shares increased by 7% following the release of earnings and guidance that exceeded analysts' expectations, indicating the effectiveness of its growth strategy through acquisitions [1] - The company operates as a decentralized technology enterprise with 28 independent business segments, utilizing mergers and acquisitions to drive growth, achieving returns that outpace the S&P 500 by sixfold since 2000 [2] Financial Performance - In the fourth quarter, Roper reported a 14% increase in sales, with 8% attributed to M&A and 6% from organic growth, alongside a 16% rise in free cash flow [3] - The company is currently integrating two acquisitions made last year, valued at a total of $3.6 billion, which have expanded its campus commerce solutions and introduced cloud-based software for early childhood education, while achieving record free cash flow [4] Future Outlook - For 2025, management anticipates at least 10% revenue growth, with 6% expected to come from organic sources, and highlighted a robust M&A pipeline with approximately $5 billion available for new acquisitions [5]

Roper Technologies delivered strong fourth-quarter results exceeding market expectations, yet concerns linger about long-term organic growth sustainability.Software company Roper Technologies (ROP 5.74%) reported fourth-quarter and full-year earnings on Thursday, Jan. 30, that topped analysts' consensus estimates. Q4 revenue reached $1.88 billion, just ahead of expectations for $1.84 billion, and rose 16.6% year over year. Adjusted earnings per share (EPS) of $4.81 beat the anticipated $4.73.Overall, it was ...

Core Insights - Roper Technologies reported fourth-quarter 2024 adjusted earnings of $4.81 per share, exceeding the Zacks Consensus Estimate of $4.72, marking a 10% year-over-year increase [1] - The company's net revenues for the quarter reached $1.88 billion, surpassing the consensus estimate of $1.83 billion, and reflecting a 16% year-over-year growth [1] - For the full year 2024, Roper's net revenues totaled $7.04 billion, a 14% increase from the previous year, with adjusted earnings of $18.31 per share, also up 10% year over year [2] Segment Performance - The Application Software segment generated revenues of $1.06 billion, accounting for 56.3% of the quarterly total, with a year-over-year increase of 24.1% and organic revenue growth of 6% [3] - Network Software & Systems reported revenues of $373.5 million, representing 19.9% of the quarterly top line, with a 3% year-over-year growth and organic revenue increase of 3% [4] - The Technology Enabled Products segment achieved revenues of $446.7 million, making up 23.8% of the quarterly total, with a 12% year-over-year increase and organic revenue growth of 12% [5] Financial Metrics - Roper's cost of sales rose by 21.8% year over year to $594.8 million, while gross profit increased by 14% to approximately $1.28 billion, resulting in a gross margin decrease to 68.3% from 69.7% [6] - Selling, general and administrative expenses increased by 14.4% year over year to $757.6 million, with adjusted EBITDA growing by 13% to $744 million, leading to a margin decrease of 120 basis points to 39.6% [6] - The company had cash and cash equivalents of $188.2 million at the end of Q4 2024, down from $214.3 million at the end of December 2023, while long-term debt increased to $6.58 billion from $5.83 billion [7] Shareholder Returns - In 2024, Roper distributed $321.9 million in dividends to shareholders, reflecting a 10.9% year-over-year increase [8] Future Outlook - For 2025, Roper anticipates adjusted earnings per share from continuing operations to be in the range of $19.75-$20.00, with total revenues expected to increase by more than 10% and organic revenues projected to grow by 6-7% [10] - For Q1 2025, the company expects adjusted earnings to be between $4.70 and $4.74 per share [10]

For the quarter ended December 2024, Roper Technologies (ROP) reported revenue of $1.88 billion, up 16.3% over the same period last year. EPS came in at $4.81, compared to $4.37 in the year-ago quarter.The reported revenue represents a surprise of +2.45% over the Zacks Consensus Estimate of $1.83 billion. With the consensus EPS estimate being $4.72, the EPS surprise was +1.91%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Q4 2024 Financial results January 30, 2025 Safe harbor statement The information provided in this presentation contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be in ...

Roper Technologies (ROP) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.72 per share. This compares to earnings of $4.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.91%. A quarter ago, it was expected that this industrial equipment maker would post earnings of $4.53 per share when it actually produced earnings of $4.62, delivering a surprise of 1.99%.Over the last four qua ...

Revenue Growth - Roper Technologies reported a 16% increase in Q4 2024 revenue to $1.88 billion, with acquisition contribution at +9% and organic revenue growth at +7%[4] - For the full year 2024, total revenue grew 14% to $7.04 billion, driven by 6% organic growth and 8% from acquisitions[4] - Roper anticipates total revenue growth of over 10% for 2025, with organic revenue growth expected to be between 6% and 7%[5] - Net revenues for Q4 2024 reached $1,877.1 million, a 16.4% increase from $1,613.5 million in Q4 2023[25] - Application Software segment revenues for Q4 2024 were $1,056.9 million, a 24.1% increase from $851.8 million in Q4 2023[26] Earnings Performance - GAAP net earnings for Q4 2024 increased 22% to $462 million, while adjusted net earnings rose 10% to $520 million[4] - Net earnings from continuing operations for the year ended December 31, 2024, were $1,549.3 million, up from $1,368.4 million in 2023, reflecting a 13.2% increase[25] - Basic net earnings per share from continuing operations for the year ended December 31, 2024, were $14.47, compared to $12.83 in 2023, reflecting a 12.8% increase[25] - Net earnings from continuing operations for 2024 were $1,549.3 million, an increase of 13.2% compared to $1,368.4 million in 2023[27] Cash Flow - Free cash flow for 2024 reached $2.3 billion, marking a 16% increase and surpassing the $2 billion milestone for the first time[3] - Operating cash flow for FY 2024 was $2.39 billion, with adjusted operating cash flow increasing 16%[4] - Cash provided by operating activities from continuing operations was $2,393.2 million, up from $2,037.4 million in the previous year, reflecting a growth of 17.5%[27] - Cash used in investing activities from continuing operations increased significantly to $3,468.5 million in 2024, compared to $2,128.3 million in 2023, indicating a rise of 63.0%[28] - The company reported a net decrease in cash and cash equivalents of $26.1 million for 2024, a significant improvement compared to a decrease of $578.5 million in 2023[28] - Cash and cash equivalents at the end of 2024 were $188.2 million, down from $214.3 million at the end of 2023[28] Acquisitions and Investments - Roper deployed $3.6 billion in capital for high-quality vertical software acquisitions in 2024, including Procare Solutions and Transact Campus[3] - The company has a significant pipeline of attractive acquisition opportunities, positioning it well for continued growth[4] - Goodwill rose to $19,312.9 million in 2024, up from $17,118.8 million in 2023, indicating ongoing acquisitions[24] Liabilities and Assets - Total assets increased to $31,334.7 million as of December 31, 2024, compared to $28,167.5 million at the end of 2023[24] - The company reported a total current liabilities of $3,832.2 million, an increase from $2,963.2 million in 2023[24] - The company’s total liabilities increased to $12,467.1 million in 2024 from $10,722.7 million in 2023[24] Other Financial Metrics - Adjusted EBITDA for FY 2024 increased 13% to $2.83 billion, representing 40.2% of total revenue[4] - Amortization of intangible assets increased to $775.7 million in 2024 from $719.8 million in 2023, reflecting a rise of 7.8%[27] - Non-cash stock compensation rose to $145.9 million in 2024, compared to $123.5 million in 2023, marking an increase of 18.1%[27] - Cash dividends to stockholders increased to $321.9 million in 2024 from $290.2 million in 2023, representing an increase of 10.9%[28] - The company experienced a gain from equity investments of $(234.6) million in 2024, compared to $(165.4) million in 2023, indicating a decline in investment performance[27]

Initiates 2025 guidanceSARASOTA, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the fourth quarter and full year ended December 31, 2024. The results in this press release are presented on a continuing operations basis. Fourth quarter 2024 highlights Revenue increased 16% to $1.88 billion; acquisition contribution was +9% and organic revenue was +7%Operating cash flow was $722 million; adjusted operating cash flow increased 13%GAAP net earnings ...

ATLANTA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- In a show of continued industry momentum, PowerPlan today announced it has signed the 20th customer to use its Tax Fixed Assets (TFA) product, the industry-leading cloud solution for tax depreciation and deferred tax processes. Currently in use by some of North America's largest utilities, TFA enables organizations to manage processes efficiently, unlock insights from data, and confidently forecast tax strategies. This milestone represents a total of $500 billion i ...

ATLANTA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- In a show of continued industry momentum, PowerPlan today announced it has signed the 20th customer to use its Tax Fixed Assets (TFA) product, the industry-leading cloud solution for tax depreciation and deferred tax processes. Currently in use by some of North America’s largest utilities, TFA enables organizations to manage processes efficiently, unlock insights from data, and confidently forecast tax strategies. This milestone represents a total of $500 billion i ...