NASDAQ$ROP

Roper Technologies Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Roper reported an excellent quarter with strong organic revenue growth and strategic divestitures.

Roper Technologies reported a strong third quarter with a 22% increase in GAAP and adjusted revenue to $1.46 billion. Organic revenue grew by 12%, and EBITDA from continuing operations increased by 21% to $558 million. The company also announced three strategic divestitures to accelerate portfolio transformation.

  • GAAP diluted earnings per share was $2.71.
  • Adjusted diluted earnings per share was $3.91.
  • EBITDA was $602 million.
  • Operating cash flow was $447 million.

Headline financials

Total Revenue

$1.46B

Previous: $1.37B+7.1%
EPS (adj)

$3.91

Previous: $3.17+23.3%
Organic Revenue Growth

12.0%

Previous: -3.0%+500.0%
Free Cash Flow

$290M

Previous: $234M+23.5%
Net Income

$290M

Previous: $234M+23.5%
Operating Income

$404M

Previous: $368M+9.8%
Gross Profit

$996M

Previous: $876M+13.7%
Cash & Equivalents

$353M

Previous: $302M+16.7%
Total Assets

$23.7B

Previous: $23.7B+0.3%
Stock-Based Comp

$33.6M

Previous: $30.2M+11.3%

Revenue & EPS history

Roper · Revenue · Quarterly

$1.46B

Q3 2021+7.1%vs Q3 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Roper · $947M total across 2 segments · Q3 2021

  • Application Software
    $603M+34.7%
  • Network Software
    $343M-20.2%

Forward guidance

Roper is initiating full year guidance for adjusted DEPS from continuing operations of $14.08 - $14.12. For the fourth quarter of 2021, the Company expects adjusted DEPS from continuing operations of $3.62 - $3.66.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+0.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.2%

Avg return

30 days after

60%

44 / 73 earnings

Positive

+8.3%

Q1 2020

Best reaction

-12.1%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-2.9%-10.3%
Q4 2025-8.3%-9.2%-13.8%
Q3 2025-5.7%-10.4%-12.8%
Q2 2025+0.5%+1.9%-1.9%
Q1 2025-1.0%+1.5%+2.0%
Q4 2024+5.1%+6.4%+7.6%
Q3 2024-1.8%-1.3%+1.5%
Q2 2024-5.8%-5.0%-4.6%
Q1 2024-5.0%-4.7%+0.8%
Q4 2023-2.8%-2.8%-2.4%
Q3 2023-0.4%+0.5%+8.9%
Q2 2023+2.8%+2.5%+0.6%
Q1 2023+5.5%+6.9%+4.4%
Q4 2022-4.7%-2.4%-3.6%
Q3 2022+5.9%+9.7%+15.4%
Q2 2022+0.2%+1.3%+5.0%
Q1 2022+4.3%+3.2%-5.0%
Q4 2021+4.4%+0.3%+2.8%
Q3 2021+1.4%-0.0%+3.6%
Q2 2021-0.4%-0.7%-2.4%
Q1 2021+2.3%+3.3%+3.5%
Q4 2020-7.4%-5.0%-10.7%
Q3 2020-12.1%-11.1%+0.1%
Q2 2020+3.9%+2.8%+1.7%
Q1 2020+8.3%+7.9%+21.4%
Q4 2019+0.8%+2.0%-7.1%
Q3 2019-0.1%+2.1%+6.2%
Q2 2019-2.3%-2.1%-6.9%
Q1 2019+0.6%+2.7%-0.6%
Q4 2018+3.5%+5.8%+14.3%
Q3 2018+4.6%+6.6%+7.5%
Q2 2018+3.6%+4.6%+2.8%
Q1 2018-1.0%-4.3%-1.6%
Q4 2017-5.2%-5.4%-4.7%
Q3 2017+0.2%+0.2%+1.8%
Q2 2017+1.8%+1.9%-0.3%
Q1 2017-0.4%-0.4%+4.3%
Q4 2016+6.0%+6.4%+9.5%
Q3 2016+2.2%+0.9%+7.9%
Q2 2016-4.5%-1.7%+1.9%
Q1 2016+0.1%
Q4 2015-9.6%
Q3 2015+3.5%
Q2 2015-4.6%
Q1 2015+1.8%
Q4 2014+5.0%
Q3 2014+2.1%
Q2 2014+2.9%
Q1 2014+6.8%
Q4 2013+1.5%
Q3 2013-3.7%
Q2 2013-3.4%
Q1 2013-3.0%
Q4 2012+0.3%
Q3 2012+2.3%
Q2 2012+0.9%
Q1 2012+2.4%
Q4 2011+0.2%
Q3 2011+6.7%
Q2 2011-2.8%
Q1 2011-0.1%
Q4 2010+2.3%
Q3 2010-1.1%
Q2 2010+0.5%
Q1 2010+5.3%
Q1 2009+5.3%
Q4 2007+1.6%
Q4 2009+1.6%
Q2 2008+0.2%
Q3 2009+0.2%
Q3 2008+0.2%
Q2 2009-1.2%
Q4 2008-1.2%

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