Roper Technologies Q4 Earnings Beat, Surpasses $2 Billion Cash Flow Milestone

Roper Technologies, Inc. ROP shares are trading higher on Thursday.

The company reported fourth quarter adjusted earnings per share of $4.81, beating the street view of $4.73. Quarterly sales of $1.877 billion outpaced the analyst consensus estimate of $1.829 billion.

Revenue increased by 16%, with a 9% contribution from acquisitions and a 7% increase in organic revenue.

“We grew free cash flow 16% to $2.3 billion, surpassing the $2 billion milestone for the first time in our history,” said Neil Hunn, Roper Technologies’ President and CEO.

The company exited the quarter with cash and equivalents worth $188.2 million, and net inventories worth $120.8 million.

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“We deployed $3.6 billion of capital toward high-quality vertical software acquisitions, highlighted by Procare Solutions, a leading early childhood education software company, and Transact Campus, which was successfully combined with our CBORD education & healthcare software business,” Hunn added.

Roper Technologies’ long-term debt (net of current portion) as at quarter end was $6.579 billion, higher than $5.830 billion in the year-ago period.

Outlook: Roper Technologies expects FY25 adjusted earnings per share to be between $19.75 and $20.00, slightly below the $20.06 estimate.

For the first quarter, the company anticipates adjusted EPS in the range of $4.70 to $4.74, compared to the $4.84 estimate.

Price Action: ROP shares are trading higher by 6.882% to $580.36 at last check Thursday.

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