Roper Technologies announces first quarter financial results
Roper Technologies (ROP) reported strong Q1 2025 financial results with total revenue growing 12% to $1.88 billion, driven by 8% acquisition contribution and 5% organic growth. While GAAP net earnings decreased 13% to $331 million, adjusted net earnings increased 9% to $517 million.
The company's adjusted EBITDA rose 9% to $740 million, though operating cash flow slightly decreased 1% to $529 million. Notably, trailing-twelve-months adjusted operating cash flow increased 12% to $2.39 billion.
Roper has increased its 2025 guidance, now expecting full-year adjusted DEPS of $19.80-$20.05 and total revenue growth of ~12%. The company recently completed the acquisition of CentralReach, a cloud-native software provider for Applied Behavior Analysis therapy.
Roper Technologies (ROP) ha riportato solidi risultati finanziari nel primo trimestre 2025, con un fatturato totale in crescita del 12% a 1,88 miliardi di dollari, trainato da un contributo delle acquisizioni dell'8% e da una crescita organica del 5%. Sebbene gli utili netti secondo i principi contabili GAAP siano diminuiti del 13% a 331 milioni di dollari, gli utili netti rettificati sono aumentati del 9% a 517 milioni di dollari.
L'EBITDA rettificato dell'azienda è cresciuto del 9% raggiungendo 740 milioni di dollari, anche se il flusso di cassa operativo è leggermente calato dell'1% a 529 milioni di dollari. Da notare che il flusso di cassa operativo rettificato degli ultimi dodici mesi è aumentato del 12% arrivando a 2,39 miliardi di dollari.
Roper ha rivisto al rialzo le previsioni per il 2025, prevedendo ora un utile rettificato per azione (DEPS) annuale compreso tra 19,80 e 20,05 dollari e una crescita del fatturato totale intorno al 12%. Recentemente la società ha completato l'acquisizione di CentralReach, fornitore di software cloud-native per la terapia di Analisi del Comportamento Applicata.
Roper Technologies (ROP) informó sólidos resultados financieros en el primer trimestre de 2025, con ingresos totales que crecieron un 12% hasta 1.880 millones de dólares, impulsados por una contribución de adquisiciones del 8% y un crecimiento orgánico del 5%. Aunque las ganancias netas según GAAP disminuyeron un 13% hasta 331 millones de dólares, las ganancias netas ajustadas aumentaron un 9% hasta 517 millones de dólares.
El EBITDA ajustado de la compañía aumentó un 9% hasta 740 millones de dólares, aunque el flujo de caja operativo disminuyó ligeramente un 1% hasta 529 millones de dólares. Cabe destacar que el flujo de caja operativo ajustado en los últimos doce meses aumentó un 12% hasta 2.390 millones de dólares.
Roper ha elevado su previsión para 2025, esperando ahora un beneficio ajustado por acción (DEPS) para todo el año de entre 19,80 y 20,05 dólares y un crecimiento de los ingresos totales de aproximadamente el 12%. Recientemente, la compañía completó la adquisición de CentralReach, un proveedor de software nativo en la nube para la terapia de Análisis de Conducta Aplicada.
로퍼 테크놀로지스(ROP)는 2025년 1분기 강력한 재무 실적을 발표했으며, 총 매출은 12% 증가한 18억 8천만 달러로, 8%의 인수 기여와 5%의 유기적 성장에 힘입었습니다. GAAP 기준 순이익은 13% 감소한 3억 3,100만 달러였으나, 조정 순이익은 9% 증가한 5억 1,700만 달러를 기록했습니다.
회사의 조정 EBITDA는 9% 상승한 7억 4,000만 달러였으며, 영업 현금 흐름은 소폭 1% 감소한 5억 2,900만 달러였습니다. 특히 최근 12개월 조정 영업 현금 흐름은 12% 증가한 23억 9,000만 달러에 달했습니다.
로퍼는 2025년 가이던스를 상향 조정했으며, 연간 조정 주당순이익(DEPS)을 19.80~20.05달러, 총 매출 성장률을 약 12%로 예상하고 있습니다. 최근에는 응용행동분석(ABA) 치료를 위한 클라우드 네이티브 소프트웨어 제공업체인 CentralReach 인수를 완료했습니다.
Roper Technologies (ROP) a publié de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires total en hausse de 12 % à 1,88 milliard de dollars, soutenu par une contribution des acquisitions de 8 % et une croissance organique de 5 %. Alors que le bénéfice net selon les normes GAAP a diminué de 13 % pour s’établir à 331 millions de dollars, le bénéfice net ajusté a augmenté de 9 % pour atteindre 517 millions de dollars.
L’EBITDA ajusté de la société a progressé de 9 % pour atteindre 740 millions de dollars, bien que le flux de trésorerie opérationnel ait légèrement diminué de 1 % à 529 millions de dollars. Notamment, le flux de trésorerie opérationnel ajusté sur les douze derniers mois a augmenté de 12 % pour s’établir à 2,39 milliards de dollars.
Roper a relevé ses prévisions pour 2025, anticipant désormais un bénéfice ajusté par action (DEPS) annuel compris entre 19,80 et 20,05 dollars ainsi qu’une croissance du chiffre d’affaires total d’environ 12 %. La société a récemment finalisé l’acquisition de CentralReach, un fournisseur de logiciels cloud natifs pour la thérapie d’analyse comportementale appliquée.
Roper Technologies (ROP) meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Gesamtumsatzwachstum von 12 % auf 1,88 Milliarden US-Dollar, getragen von einem 8 %igen Beitrag aus Akquisitionen und 5 % organischem Wachstum. Während der GAAP-Nettoertrag um 13 % auf 331 Millionen US-Dollar sank, stiegen die bereinigten Nettoerträge um 9 % auf 517 Millionen US-Dollar.
Das bereinigte EBITDA des Unternehmens stieg um 9 % auf 740 Millionen US-Dollar, obwohl der operative Cashflow leicht um 1 % auf 529 Millionen US-Dollar zurückging. Bemerkenswert ist, dass der bereinigte operative Cashflow der letzten zwölf Monate um 12 % auf 2,39 Milliarden US-Dollar zunahm.
Roper hat seine Prognose für 2025 erhöht und erwartet nun einen bereinigten Gewinn je Aktie (DEPS) für das Gesamtjahr von 19,80 bis 20,05 US-Dollar sowie ein Umsatzwachstum von etwa 12 %. Kürzlich hat das Unternehmen die Übernahme von CentralReach abgeschlossen, einem Cloud-nativen Softwareanbieter für die Therapie der Angewandten Verhaltensanalyse.
- Revenue growth of 12% to $1.88 billion with 5% organic growth
- Adjusted net earnings increased 9% to $517 million
- Trailing-twelve-months free cash flow grew 12% with 31% margin
- Increased full-year 2025 guidance for both earnings and revenue
- Strategic acquisition of CentralReach completed
- GAAP net earnings decreased 13% to $331 million
- Operating cash flow decreased 1% to $529 million
- GAAP DEPS decreased 14% to $3.06
- Adjusted EBITDA margin declined 90 basis points to 39.3%
Insights
Roper posts solid 12% revenue growth with strong cash generation, raises full-year guidance despite GAAP earnings decline due to investment impacts.
Roper Technologies delivered robust Q1 2025 results with
While GAAP metrics declined (
The adjusted figures tell a more representative story about operational performance:
Most impressive is Roper's cash generation capability. Despite a slight
Management's confidence is evident in their raised full-year guidance: adjusted DEPS now expected at
The modest
Increasing full year guidance
SARASOTA, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2025.
First quarter 2025 highlights
- Revenue increased
12% to$1.88 billion ; acquisition contribution was +8% and organic revenue was +5% - GAAP net earnings decreased
13% to$331 million ; adjusted net earnings increased9% to$517 million - Adjusted EBITDA increased
9% to$740 million - Operating cash flow decreased
1% to$529 million ; trailing-twelve-months adjusted operating cash flow increased12% to$2.39 billion - GAAP DEPS decreased
14% to$3.06 ; adjusted DEPS increased8% to$4.78
"Roper had a strong start to 2025 and our enterprise continues to execute at a high level," said Neil Hunn, Roper’s President and CEO. "Our total revenue growth of
"Despite an uncertain macroeconomic backdrop, we are increasing our full year outlook. This is underpinned by resilient demand for our mission critical solutions and our expanding recurring revenue base. Additionally, we are well positioned to continue executing our disciplined and process-driven capital deployment strategy, fueled by our significant M&A firepower and a large pipeline of attractive acquisition opportunities. Roper's durable cash flow compounding model has historically performed well through economic and market cycles, and we expect our resilience will again be demonstrated in the current environment," concluded Mr. Hunn.
Increasing 2025 guidance
Roper now expects full year 2025 adjusted DEPS of
For the second quarter of 2025, the Company expects adjusted DEPS of
Roper’s guidance includes the impact of the previously announced acquisition of CentralReach, which closed on April 23, 2025. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.
Conference call to be held at 8:00 AM (ET) today
A conference call to discuss these results has been scheduled for 8:00 AM ET on Monday, April 28, 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 07867. Webcast information and conference call materials will be made available in the Investors section of Roper’s website (www.ropertech.com) prior to the start of the call. The webcast can also be accessed directly by using the following URL https://event.webcast. Telephonic replays will be available for up to two weeks and can be accessed by dialing +1 646-517-4150 with access code 07867#.
Use of non-GAAP financial information
The Company supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.
Minority interest
Following the sale of a majority stake in its industrial businesses to CD&R, Roper holds a minority interest in Indicor. The fair value of Roper’s equity investment in Indicor is updated on a quarterly basis and reported as "equity investments (gain) loss, net." Roper makes non-GAAP adjustments for the impacts associated with this investment.
| Table 1: Revenue and adjusted EBITDA reconciliation ($M) | ||||||||||
| Q1 2024 | Q1 2025 | V % | ||||||||
| GAAP revenue | $ | 1,681 | $ | 1,883 | 12 | % | ||||
| Components of revenue growth | ||||||||||
| Organic | 5 | % | ||||||||
| Acquisitions | 8 | % | ||||||||
| Foreign exchange | — | % | ||||||||
| Revenue growth | 12 | % | ||||||||
| Adjusted EBITDA reconciliation | ||||||||||
| GAAP net earnings | $ | 382 | $ | 331 | ||||||
| Taxes | 102 | 87 | ||||||||
| Interest expense | 53 | 63 | ||||||||
| Depreciation | 9 | 9 | ||||||||
| Amortization | 185 | 204 | ||||||||
| EBITDA | $ | 731 | $ | 694 | (5)% | |||||
| Transaction-related expenses for completed acquisitions | 2 | 1 | ||||||||
| Financial impacts associated with the minority investments in Indicor & Certinia | (57 | ) | 44 | A | ||||||
| Adjusted EBITDA | $ | 676 | $ | 740 | 9 | % | ||||
| Adjusted EBITDA margin | 40.2 | % | 39.3 | % | (90 bps) | |||||
| Table 2: Adjusted net earnings reconciliation ($M) | |||||||||
| Q1 2024 | Q1 2025 | V % | |||||||
| GAAP net earnings | $ | 382 | $ | 331 | (13)% | ||||
| Transaction-related expenses for completed acquisitions | 1 | 1 | |||||||
| Financial impacts associated with the minority investments in Indicor & Certinia | (48 | ) | 32 | A | |||||
| Amortization of acquisition-related intangible assets | 141 | 154 | B | ||||||
| Adjusted net earnings C | $ | 476 | $ | 517 | 9 | % | |||
| Table 3: Adjusted DEPS reconciliation | |||||||||
| Q1 2024 | Q1 2025 | V % | |||||||
| GAAP DEPS | $ | 3.54 | $ | 3.06 | (14)% | ||||
| Transaction-related expenses for completed acquisitions | 0.01 | 0.01 | |||||||
| Financial impacts associated with the minority investments in Indicor & Certinia | (0.45 | ) | 0.29 | A | |||||
| Amortization of acquisition-related intangible assets | 1.31 | 1.42 | B | ||||||
| Adjusted DEPSC | $ | 4.41 | $ | 4.78 | 8 | % | |||
| Table 4: Adjusted cash flow reconciliation ($M) (from continuing operations) | |||||||||||||||||||||
| Q1 2024 | Q1 2025 | V % | TTM 2024 | TTM 2025 | V % | ||||||||||||||||
| Operating cash flow | $ | 531 | $ | 529 | (1)% | $ | 2,104 | $ | 2,390 | 14 | % | ||||||||||
| Taxes paid in period related to divestiture | — | — | 32 | — | |||||||||||||||||
| Adjusted operating cash flow | $ | 531 | $ | 529 | (1)% | $ | 2,136 | $ | 2,390 | 12 | % | ||||||||||
| Capital expenditures | (9 | ) | (10 | ) | (68 | ) | (66 | ) | |||||||||||||
| Capitalized software expenditures | (10 | ) | (12 | ) | (40 | ) | (48 | ) | |||||||||||||
| Adjusted free cash flow | $ | 513 | $ | 507 | (1)% | $ | 2,029 | $ | 2,276 | 12 | % | ||||||||||
| Table 5: Forecasted adjusted DEPS reconciliation | |||||||||||
| Q2 2025 | FY 2025 | ||||||||||
| Low end | High end | Low end | High end | ||||||||
| GAAP DEPS D | $ | 3.33 | $ | 3.37 | $ | 13.72 | $ | 13.97 | |||
| YTD transaction-related expenses for completed acquisitions | — | — | 0.01 | 0.01 | |||||||
| YTD financial impacts associated with the minority investment in Indicor A | — | — | 0.29 | 0.29 | |||||||
| Amortization of acquisition-related intangible assets B | 1.47 | 1.47 | 5.78 | 5.78 | |||||||
| Adjusted DEPS C | $ | 4.80 | $ | 4.84 | $ | 19.80 | $ | 20.05 | |||
Footnotes:
| A. | Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any potential impacts associated with our minority investment in Indicor, as these potential impacts cannot be reasonably predicted. These impacts will be excluded from all non-GAAP results in future periods. | |||||||||||||
| Q1 2025A | Q2 2025E | FY 2025E | YTD 2025A | |||||||||||
| Pretax | $ | 44 | TBD | TBD | $ | 44 | ||||||||
| After-tax | $ | 32 | TBD | TBD | $ | 32 | ||||||||
| Per share | $ | 0.29 | TBD | TBD | $ | 0.29 | ||||||||
| B. | Actual results and forecast of estimated amortization of acquisition-related intangible assets as shown below ($M, except per share data). | |||||||||||||
| Q1 2025A | Q2 2025E | FY 2025E | ||||||||||||
| Pretax | $ | 194 | $ | 202 | $ | 795 | ||||||||
| After-tax | $ | 154 | $ | 160 | $ | 628 | ||||||||
| Per share | $ | 1.42 | $ | 1.47 | $ | 5.78 | ||||||||
| C. | All actual and forecasted non-GAAP adjustments are taxed at | |||||||||||||
| D. | Forecasted GAAP DEPS do not include any potential impacts associated with our minority investment in Indicor. These impacts will be excluded from all non-GAAP results in future periods. | |||||||||||||
Note: Numbers may not foot due to rounding.
About Roper Technologies
Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.
Contact information:
Investor Relations
941-556-2601
investor-relations@ropertech.com
The information provided in this press release 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 indicated by words or phrases such as "anticipate," "estimate," "plans," "expects," "projects," "should," "will," "believes," "intends" and similar words and phrases. These statements reflect management's current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of inflation and potential supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
# # #
| Roper Technologies, Inc. | |||||||
| Condensed Consolidated Balance Sheets (unaudited) | |||||||
| (Amounts in millions) | |||||||
| March 31, 2025 | December 31, 2024 | ||||||
| ASSETS: | |||||||
| Cash and cash equivalents | $ | 372.8 | $ | 188.2 | |||
| Accounts receivable, net | 813.3 | 885.1 | |||||
| Inventories, net | 125.5 | 120.8 | |||||
| Income taxes receivable | 20.3 | 25.6 | |||||
| Unbilled receivables | 135.7 | 127.3 | |||||
| Prepaid expenses and other current assets | 237.0 | 195.7 | |||||
| Total current assets | 1,704.6 | 1,542.7 | |||||
| Property, plant and equipment, net | 150.0 | 149.7 | |||||
| Goodwill | 19,408.2 | 19,312.9 | |||||
| Other intangible assets, net | 8,916.9 | 9,059.6 | |||||
| Deferred taxes | 54.7 | 54.1 | |||||
| Equity investment | 728.2 | 772.3 | |||||
| Other assets | 456.2 | 443.4 | |||||
| Total assets | $ | 31,418.8 | $ | 31,334.7 | |||
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | |||||||
| Accounts payable | $ | 152.8 | $ | 148.1 | |||
| Accrued compensation | 179.1 | 289.0 | |||||
| Deferred revenue | 1,667.9 | 1,737.4 | |||||
| Other accrued liabilities | 544.5 | 546.2 | |||||
| Income taxes payable | 144.3 | 68.4 | |||||
| Current portion of long-term debt, net | 999.4 | 1,043.1 | |||||
| Total current liabilities | 3,688.0 | 3,832.2 | |||||
| Long-term debt, net of current portion | 6,457.0 | 6,579.9 | |||||
| Deferred taxes | 1,611.6 | 1,630.6 | |||||
| Other liabilities | 438.6 | 424.4 | |||||
| Total liabilities | 12,195.2 | 12,467.1 | |||||
| Common stock | 1.1 | 1.1 | |||||
| Additional paid-in capital | 3,108.7 | 3,014.6 | |||||
| Retained earnings | 16,276.9 | 16,034.9 | |||||
| Accumulated other comprehensive loss | (146.8 | ) | (166.5 | ) | |||
| Treasury stock | (16.3 | ) | (16.5 | ) | |||
| Total stockholders’ equity | 19,223.6 | 18,867.6 | |||||
| Total liabilities and stockholders’ equity | $ | 31,418.8 | $ | 31,334.7 | |||
| Roper Technologies, Inc. | ||||||
| Condensed Consolidated Statements of Earnings (unaudited) | ||||||
| (Amounts in millions, except per share data) | ||||||
| Three months ended March 31, | ||||||
| 2025 | 2024 | |||||
| Net revenues | $ | 1,882.8 | $ | 1,680.7 | ||
| Cost of sales | 589.1 | 499.7 | ||||
| Gross profit | 1,293.7 | 1,181.0 | ||||
| Selling, general and administrative expenses | 767.9 | 699.7 | ||||
| Income from operations | 525.8 | 481.3 | ||||
| Interest expense, net | 62.9 | 53.2 | ||||
| Equity investments (gain) loss, net | 44.4 | (57.0 | ) | |||
| Other expense, net | 0.5 | 1.2 | ||||
| Earnings before income taxes | 418.0 | 483.9 | ||||
| Income taxes | 86.9 | 101.9 | ||||
| Net earnings | $ | 331.1 | $ | 382.0 | ||
| Net earnings per share: | ||||||
| Basic | $ | 3.08 | $ | 3.57 | ||
| Diluted | $ | 3.06 | $ | 3.54 | ||
| Weighted average common shares outstanding: | ||||||
| Basic | 107.4 | 107.0 | ||||
| Diluted | 108.2 | 107.9 | ||||
| Roper Technologies, Inc. | |||||||||||
| Selected Segment Financial Data (unaudited) | |||||||||||
| (Amounts in millions; percentages of net revenues) | |||||||||||
| Three months ended March 31, | |||||||||||
| 2025 | 2024 | ||||||||||
| Amount | % | Amount | % | ||||||||
| Net revenues: | |||||||||||
| Application Software | $ | 1,068.2 | $ | 895.2 | |||||||
| Network Software | 375.9 | 370.8 | |||||||||
| Technology Enabled Products | 438.7 | 414.7 | |||||||||
| Total | $ | 1,882.8 | $ | 1,680.7 | |||||||
| Gross profit: | |||||||||||
| Application Software | $ | 720.8 | 67.5 | % | $ | 625.7 | 69.9 | % | |||
| Network Software | 315.6 | 84.0 | % | 316.3 | 85.3 | % | |||||
| Technology Enabled Products | 257.3 | 58.7 | % | 239.0 | 57.6 | % | |||||
| Total | $ | 1,293.7 | 68.7 | % | $ | 1,181.0 | 70.3 | % | |||
| Operating profit*: | |||||||||||
| Application Software | $ | 276.8 | 25.9 | % | $ | 239.6 | 26.8 | % | |||
| Network Software | 166.7 | 44.3 | % | 167.0 | 45.0 | % | |||||
| Technology Enabled Products | 153.6 | 35.0 | % | 136.2 | 32.8 | % | |||||
| Total | $ | 597.1 | 31.7 | % | $ | 542.8 | 32.3 | % | |||
| * Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were | |||||||||||
| Roper Technologies, Inc. | |||||||
| Condensed Consolidated Statements of Cash Flows (unaudited) | |||||||
| (Amounts in millions) | |||||||
| Three months ended March 31, | |||||||
| 2025 | 2024 | ||||||
| Cash flows from operating activities: | |||||||
| Net earnings | $ | 331.1 | $ | 382.0 | |||
| Adjustments to reconcile net earnings to cash flows from operating activities: | |||||||
| Depreciation and amortization of property, plant and equipment | 9.1 | 9.2 | |||||
| Amortization of intangible assets | 204.0 | 185.0 | |||||
| Amortization of deferred financing costs | 2.8 | 2.2 | |||||
| Non-cash stock compensation | 38.8 | 33.6 | |||||
| Equity investments (gain) loss, net | 44.4 | (57.0 | ) | ||||
| Income tax provision | 86.9 | 101.9 | |||||
| Changes in operating assets and liabilities, net of acquired businesses: | |||||||
| Accounts receivable | 74.4 | 79.4 | |||||
| Unbilled receivables | (7.6 | ) | (12.2 | ) | |||
| Inventories | (4.1 | ) | (7.9 | ) | |||
| Prepaid expenses and other current assets | (41.3 | ) | (26.8 | ) | |||
| Accounts payable | 2.9 | 0.3 | |||||
| Other accrued liabilities | (107.4 | ) | (69.3 | ) | |||
| Deferred revenue | (70.6 | ) | (70.5 | ) | |||
| Cash income taxes paid | (29.1 | ) | (19.0 | ) | |||
| Other, net | (5.6 | ) | 0.6 | ||||
| Cash provided by operating activities | 528.7 | 531.5 | |||||
| Cash flows used in investing activities: | |||||||
| Acquisitions of businesses, net of cash acquired | (124.9 | ) | (1,858.7 | ) | |||
| Capital expenditures | (9.5 | ) | (9.3 | ) | |||
| Capitalized software expenditures | (12.4 | ) | (9.6 | ) | |||
| Other | — | (1.0 | ) | ||||
| Cash used in investing activities | (146.8 | ) | (1,878.6 | ) | |||
| Cash flows from (used in) financing activities: | |||||||
| Borrowings (payments) under revolving line of credit, net | (125.0 | ) | 1,390.0 | ||||
| Cash dividends to stockholders | (88.6 | ) | (80.5 | ) | |||
| Proceeds from stock-based compensation, net | 42.7 | 21.7 | |||||
| Treasury stock sales | 7.2 | 5.8 | |||||
| Other, net | (44.1 | ) | (0.1 | ) | |||
| Cash provided by (used in) financing activities | (207.8 | ) | 1,336.9 | ||||
| Effect of exchange rate changes on cash | 10.5 | (5.7 | ) | ||||
| Net increase (decrease) in cash and cash equivalents | 184.6 | (15.9 | ) | ||||
| Cash and cash equivalents, beginning of period | 188.2 | 214.3 | |||||
| Cash and cash equivalents, end of period | $ | 372.8 | $ | 198.4 | |||
FAQ
What is Roper Technologies' revenue growth for Q1 2025?
How has ROP revised its 2025 financial guidance?
What is the impact of CentralReach acquisition on ROP?
How did ROP's cash flow perform in Q1 2025?
What are ROP's Q2 2025 earnings expectations?
