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0:00 / 0:00I. Business Overview & Strategy
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Roper Technologies Surges Revenues 15% to $6.2 Billion via Acquisitions and Organic Gains

ROP10-KFiling Date: 2/22/2024
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

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