NASDAQ$ROP
Roper Technologies Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Roper's revenue increased by 13% and GAAP DEPS increased by 51%.
Roper Technologies reported strong Q4 2023 results, with a 13% increase in revenue to $1.61 billion and a 51% increase in GAAP DEPS to $3.50. The company's adjusted DEPS increased by 11% to $4.37, and GAAP net earnings were $378 million.
- Revenue increased 13% to $1.61 billion; organic revenue increased 8%.
- GAAP DEPS increased 51% to $3.50; adjusted DEPS increased 11% to $4.37.
- GAAP net earnings were $378 million.
- Adjusted EBITDA increased 11% to $659 million.
Headline financials
Revenue & EPS history
Roper · Revenue · Quarterly
$1.61B
Revenue by segment
Roper · $1.56B total across 3 segments · Q3 2023
- Application Software$803M+24.8%51.4%
- Tech Enabled Products$396M+10.1%25.3%
- Network Software$364M+5.0%23.3%
Forward guidance
Roper expects full year 2024 adjusted DEPS of $17.85 - $18.15 with first quarter adjusted DEPS of $4.30 - $4.34. The Company expects full year total revenue growth of +11 – 12% and organic revenue growth of +5 – 6%.
Tailwinds
- Continued positive momentum.
- Ongoing expansion of recurring revenue base.
- Demand for businesses’ mission critical solutions.
- Acquisition of Procare Solutions.
- Strong balance sheet and a large pipeline of attractive M&A opportunities.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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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