Sep 30, 2020

Roper Q3 2020 Earnings Report

Roper Technologies reported third quarter results with revenue increase and adjusted DEPS decrease.

Key Takeaways

Roper Technologies reported a 1% increase in both GAAP and adjusted revenue, reaching $1.37 billion. GAAP diluted earnings per share was $2.21, while adjusted DEPS was $3.17. The company has increased its full year adjusted DEPS guidance to $12.55 - $12.65.

GAAP and adjusted revenue increased 1% to $1.37 billion.

Organic revenue decreased 3%.

GAAP diluted earnings per share (DEPS) was $2.21 and adjusted DEPS was $3.17.

Adjusted free cash flow increased 14% to $442 million.

Total Revenue
$1.37B
Previous year: $1.36B
+0.8%
EPS
$3.17
Previous year: $3.29
-3.6%
Organic Revenue Growth
-3%
Gross Profit
$876M
Previous year: $874M
+0.3%
Cash and Equivalents
$302M
Previous year: $323M
-6.5%
Free Cash Flow
$442M
Total Assets
$23.7B
Previous year: $17.8B
+32.7%

Roper

Roper

Roper Revenue by Segment

Forward Guidance

The Company now expects full year adjusted DEPS of $12.55 - $12.65, compared to previous guidance of $11.90 - $12.40. For the fourth quarter of 2020, the Company expects adjusted DEPS of $3.39 - $3.49.

Revenue & Expenses

Visualization of income flow from segment revenue to net income