
Roper Technologies Surges Revenues 15% to $6.2 Billion via Acquisitions and Organic Gains
Roper Technologies, Inc.Description
What this story covers
Roper Technologies reported 2023 revenues of 6 point 18 billion dollars, up 15 percent from acquisitions and organic growth, with recurring revenue at 63 percent. Segments showed strong performance, especially Application Software. Operating cash hit 2 point 04 billion dollars; debt reduced to 6 point 36 billion dollars. Strategy focuses on niche software acquisitions and divestitures for higher margins, amid risks like cybersecurity and competition.
Story snapshot
CompanyRoper Technologies, Inc.
TickerROP
VariantStandard detailed
Duration18:20
Filing type10-K
PeriodAnnual 2023
IndustryTechnology
Accession0000882835-24-000008
Full Story Script
Content not available for this story.