Strong Cash Flow Growth
Roper Technologies reported a 16% growth in free cash flow for 2024, reaching over $2.3 billion with a 32% free cash flow margin, marking the first time in their history to exceed $2 billion.
Record Revenue and Growth
The company achieved a 14% revenue growth in 2024, totaling over $7 billion, with a balanced contribution between organic and inorganic sources.
Significant M&A Capacity
Roper enters 2025 with over $5 billion of available acquisition firepower, indicating a strong position for future growth through mergers and acquisitions.
Enterprise Software Bookings Surge
Enterprise bookings accelerated in 2024, ending in the high-teens growth area in Q4, supporting a positive momentum into 2025.
Impressive Segment Performance
The Application Software segment grew revenue by 21% with a 6% organic growth, while the Tech segment saw a 9% growth on a total and organic basis.
Positive 2025 Outlook
Roper initiates 2025 guidance with expectations of over 10% total revenue growth and 6% to 7% organic revenue growth.