Roper Technologies, Inc. (ROP) is benefiting from strong momentum in the Application Software segment, driven by strength in its Deltek, Vertafore, PowerPlan and Aderant businesses. Growing adoption of SaaS solutions and continued GenAI innovation have been driving the performance of these businesses. Also, stable demand across ROP’s alternate site healthcare businesses and for Gen AI-powered solutions within the ConstructConnect business is fostering growth of the Network Software segment.The solid perform ...

Roper Technologies, Inc. (ROP) recently signed a definitive deal with Insight Partners to acquire CentralReach, a provider of SaaS solutions, for Applied Behavior Analysis treatment. The deal is valued at about $1.65 billion, which includes a $200 million tax benefit related to the transaction. Roper expects to fund the buyout through its revolving credit facility.CentralReach is a well-known provider of autism and intellectual & developmental disabilities (IDD) care software. The company offers a comprehen ...

ATLANTA, March 24, 2025 (GLOBE NEWSWIRE) -- PowerPlan, Inc., a leading provider of financial software solutions for the energy industry, today announced PowerPlan NXT at its 2025 ELEVATE user conference in Atlanta. The new SaaS platform empowers tax and accounting professionals to optimize financial assets throughout their lifecycle. Purpose-built for asset-intensive companies, NXT integrates operational and financial data to facilitate specialized accounting treatments, accommodate complex tax requirements ...

Leading provider of SaaS solutions for Applied Behavior Analysis therapySARASOTA, Fla., March 24, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) today announced that it has reached a definitive agreement to acquire CentralReach from Insight Partners for a net purchase price of approximately $1.65 billion, including a $200 million tax benefit resulting from the transaction. Roper expects CentralReach to deliver sustainable 20%+ organic revenue and EBITDA growth. CentralReach is a leading pro ...

DENVER, March 18, 2025 /PRNewswire/ -- Procare Solutions, a leader in child care management software, is pleased to announce the launch of Procare Professional Development to encourage and support busy early childhood education providers in maintaining training compliance while elevating the quality of education that young learners receive. Professional development is a key requirement for child care providers as they grow and develop as leaders, educators and nurturers for the children in their care. Proca ...

Core Insights - The article discusses the investment potential of Roper Technologies Inc, highlighting its ability to sustain long-term growth through a diversified portfolio of asset-light technology businesses [3][12] - Roper's business model focuses on high-margin, recurring revenue streams, primarily from software-as-a-service (SaaS) and related services, which accounted for 57% of its 2023 revenue [5][12] Company Overview - Roper Technologies operates a diversified portfolio of 28 businesses across three segments: application software, network software, and technology-enabled products [3] - The company has transitioned from its original industrial focus to a technology-centric model, divesting capital-intensive operations over the last two decades [4] Business Model and Growth Strategy - Roper's asset-light business model allows for minimal capital expenditure while enabling significant reinvestment of profits into mergers and acquisitions [6][9] - The company has a proven capital allocation process that supports sustainable long-term growth by acquiring niche businesses and enhancing their performance [8][10] Financial Performance - Over the past 15 years, Roper has achieved a revenue compound annual growth rate (CAGR) of 7% and a free cash flow CAGR of 11%, even after divesting 40% of its revenue in 2018 [12] - The diversified nature of Roper's business model provides resilience against market cycles, helping to maintain revenue and profitability during challenging conditions [7] Investment Considerations - Roper Technologies is positioned as an attractive investment opportunity due to its strong business economics and sustainable growth formula [13] - Investors are encouraged to monitor Roper as it represents a compelling example of a long-term compounder in the technology sector [13]

Core Insights - Procare Solutions released its third annual report on early childhood education (ECE) and the child care industry, which includes a teacher-focused supplement for the first time [1][2] - The report highlights four main challenges faced by ECE professionals: hiring and retaining staff, maintaining consistent enrollment, staff burnout, and limited access to public funding [3][4] - The report emphasizes the importance of professional development training for teachers to overcome challenges, although about 25% of respondents have no plans to implement such training [4][3] Industry Trends - The report indicates that more than 180,000 seats in child care centers have been added since 2019, despite a decrease in the number of young children in the country [7] - One-third of respondents rely on grants to operate their businesses, and a similar proportion continue to create their own curriculum or use paper-based methods [7] - The use of daycare apps has increased by 7% from the previous year, indicating that family engagement apps are now essential for real-time communication [7] Technology and Solutions - Procare Solutions provides child care management software that helps streamline business processes, ensure safety and compliance, and facilitate communication with families [8] - Over half of the teachers surveyed reported that using child care management software made their daily tasks easier and saved a significant amount of time [7] - The company aims to support child care leaders in growing their businesses while also addressing the challenges faced by their staff [4][3]

Core Insights - Roper Technologies, Inc. is experiencing strong performance in its Application Software and Network Software segments, driven by SaaS adoption and GenAI innovation, with organic revenue growth of 6% and 3% year-over-year in Q4 2024 respectively [1] - The Technology enabled Products segment saw a 12% increase in organic revenues in Q4 2024, supported by demand for ultrasonic meters and meter data management software [2] - The company is actively pursuing acquisitions to expand its customer base and product offerings, including the acquisition of Trucker Tools LLC and Procare Solutions [3][4] - Roper Technologies is committed to enhancing shareholder value through dividend payouts, with a 10.9% year-over-year increase in dividends paid in 2024 [5] Financial Performance - In Q4 2024, acquisitions contributed to a 9% increase in sales [4] - The company faced rising costs, with cost of sales increasing by 15.5% and SG&A expenses rising by 12.5% in 2024 [8] - Long-term debt at the end of 2024 was $6.58 billion, with a current portion of $1.04 billion, which is higher than cash equivalents of $188.2 million [9]

SARASOTA, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) announced that it is presenting at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4, 2025 at 10:00 AM (Pacific Time) in San Francisco, CA. A link to the webcast presentation will be available in the “Investors” section of the Company’s website at www.ropertech.com. About Roper Technologies Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, l ...

Financial Performance - Net revenues for the year ended December 31, 2024, were $7,039.2 million, an increase of 13.9% compared to $6,177.8 million in 2023[153]. - Application Software segment revenues grew to $3,868.3 million, with organic revenue growth of 5.6% driven by project-based business and healthcare markets[153]. - Network Software segment revenues increased to $1,475.6 million, with organic revenue growth of 2.5%, despite declines in media and entertainment markets[154]. - Technology Enabled Products segment revenues reached $1,695.3 million, with organic revenue growth of 9.3% led by medical products and water meter technology[155]. - Total consolidated gross margin was 69.3% for 2024, slightly down from 69.7% in 2023, impacted by acquisitions[153]. - Selling, general and administrative expenses as a percentage of net revenues decreased to 37.1% in 2024 from 37.8% in 2023, reflecting improved cost management[153]. Tax and Accounting - Roper Technologies reported an effective income tax rate of 21.2% for 2024, a slight decrease from 21.5% in 2023, with an expected rate of approximately 21% to 22% for 2025[137]. - The company emphasizes the importance of accounting estimates and assumptions in financial reporting, particularly in areas such as income taxes and goodwill impairment[135][136]. Divestitures and Investments - The company completed the divestiture of a majority equity stake in its industrial businesses in November 2022, retaining a 45.5% minority equity interest in Indicor as of December 31, 2024[127][148]. - The fair value of Roper's equity investment in Indicor is estimated quarterly, with changes reported as "Equity investments gain, net" in the consolidated statements of earnings[148]. - A hypothetical 10% decrease in the fair value of the company's equity investment in Indicor would result in a non-cash charge of approximately $77.2 million[183]. Strategic Goals - The company aims for consistent and sustainable growth in revenue, earnings, and cash flow through continuous improvement and strategic acquisitions of high value-added software and technology-enabled products[126]. - Roper's strategy includes acquiring businesses that can realize growth while maintaining high margins, contributing to the overall increase in shareholder value[126]. - The company has a proven track record of compounding cash flow and increasing shareholder value through its diversified technology offerings[125]. Debt and Cash Flow - Interest expense increased by 57.4% to $259.2 million in 2024, primarily due to higher debt balances[157]. - Total debt increased to $7,669.2 million at December 31, 2024, representing 28.9% of total capital, due to the issuance of senior notes[168]. - The company anticipates generating positive cash flows from operating activities to reduce outstanding debt according to the repayment schedule[177]. - At December 31, 2024, fixed-rate borrowings totaled $7,500.0 million with interest rates ranging from 1.00% to 4.90%[181]. Operational Metrics - Net working capital was negative $1,434.6 million at December 31, 2024, compared to negative $1,196.6 million in 2023, indicating increased deferred revenue[167]. - Backlog decreased by 1.6% to $3,105.4 million at December 31, 2024, primarily due to a decline in the Technology Enabled Products segment[162]. - Capital expenditures were $66.0 million in 2024, slightly down from $68.0 million in 2023, with capitalized software expenditures increasing to $45.0 million[174]. - Cash and cash equivalents held at foreign subsidiaries decreased by 11.8% to $130.8 million as of December 31, 2024, primarily due to cash repatriation of $270.9 million[173]. Segment Reporting - Roper's segment reporting includes three reportable segments: Application Software, Network Software, and Technology Enabled Products, with detailed financial information available in the consolidated financial statements[130]. - Roper's financial results from discontinued operations, including the 2021 divestitures, are reported separately, focusing discussions on continuing operations[129].