ROP Roper Technologies

FY2024 10-K
Filed: Feb 24, 2025
Health Care
Industrial Instruments For Measurement, Display, and ControlSEC EDGAR

Roper Technologies (ROP) filed its fiscal year 2024 10-K annual report with the SEC on Feb 24, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business model: Diversified technology company focused on vertical software and tech-enabled products for defensible niche markets
  • New acquisitions in 2024: Procare for early childhood education SaaS and Transact Campus for campus payment tech, augmenting Application Software segment
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Management Discussion & Analysis

  • Revenue $7,039.2M in 2024, up 13.9% YoY from $6,177.8M in 2023; organic growth 5.8% overall led by Application Software (5.6%) and Technology Enabled Products (9.3%)
  • Total operating margin 32.2% in 2024 vs 31.9% in 2023; Application Software margin 26.5% vs 25.8%, Network Software 45.2% vs 43.9%, Technology Enabled Products 33.9% vs 33.4%
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Risk Factors

  • Regulatory risk from GDPR enforcement, with fines up to 4% of global revenue for non-compliance in EU and UK markets
  • Geopolitical exposure: 14% net revenues from international, vulnerable to tariffs and export restrictions including US-China tensions
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Financial Summary
XBRL

Revenue

$7.0B

Net Income

$1.5B

Gross Margin

69.3%

Operating Margin

28.4%

Net Margin

22.0%

ROE

8.2%

Total Assets

$31.3B

EPS (Diluted)

$14.35

Operating Cash Flow

$2.4B

Source: XBRL data from Roper Technologies FY2024 10-K filing on SEC EDGAR. All figures in USD.

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