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 ...

Roper Technologies, Inc. (ROP) has been benefiting from strength across its segments and accretive acquisitions. The company's efforts to reward its shareholders handsomely add to its appeal.Based in Sarasota, FL, Roper designs, manufactures and distributes software and technology-enabled products and solutions. It caters to selected segments of a broad range of markets, which include legal, healthcare, government, food, transportation, oil & gas, medical and other niche industries. ROP currently carries a ...

ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Lucasys Inc, the leading provider of cloud tax software for North American utilities and energy companies, announced that it has settled its pending antitrust litigation with PowerPlan, Inc., a subsidiary of Roper Technologies. To settle all outstanding claims, PowerPlan has paid Lucasys $24 million. As part of the binding settlement, which is not confidential, PowerPlan has agreed to “not engage in any retaliation, retribution, or discrimination against any PowerP ...

SARASOTA, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) announced that its financial results for the fourth quarter of 2024, ended December 31, 2024, will be released before the market opens on Thursday, January 30, 2025. A conference call to discuss these results has been scheduled for 8:00 AM ET on Thursday, January 30, 2025. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 30275. Webcast informatio ...

ATLANTA, Jan. 02, 2025 (GLOBE NEWSWIRE) -- ATLANTA, January 2, 2025 – PowerPlan, Inc., a leading provider of financial software and solutions for the energy industry, announced that it has settled the outstanding litigation between PowerPlan and Lucasys, Inc. that was pending in the United States District Court for the Northern District of Georgia. Though PowerPlan vigorously contests the baseless claims brought by Lucasys in 2020, it is pleased to eliminate the distraction and uncertainty of litigation. T ...