Roper Technologies Full Year 2024 Earnings: EPS Beats Expectations

Roper Technologies (NASDAQ:ROP) Full Year 2024 Results

Key Financial Results

• Revenue: US$7.04b (up 14% from FY 2023).
• Net income: US$1.55b (up 13% from FY 2023).
• Profit margin: 22% (in line with FY 2023).
• EPS: US$14.47 (up from US$12.84 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Roper Technologies EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.0%.

The primary driver behind last 12 months revenue was the Application Software segment contributing a total revenue of US$3.87b (55% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$2.88b (87% of total expenses). Explore how ROP's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 6.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Roper Technologies' balance sheet.

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