Roper Technologies reports Q4 adjusted EPS $4.37, consensus $4.34

Reports Q4 revenue $1.61B, consensus $1.58B. “Roper had a terrific 2023, both in terms of our operational execution and our capital deployment strategy. Financially, 2023 is highlighted by having 15% total revenue growth, 8% organic revenue growth, 16% EBITDA growth, and a 32% free cash flow margin,” said Neil Hunn, Roper Technologies’ President and CEO. “Our businesses continued their strong execution and innovation while strategically investing to drive higher levels of durable, long-term organic growth. Relative to our capital deployment strategy, we allocated $2.1B toward vertical software acquisitions, highlighted by Syntellis Performance Solutions, which was successfully combined with our Strata Decision Technology business during the year.”