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儒博实业宣布第三季度财务业绩
2024年10月23日，佛罗里达州萨拉索达...儒博实业公司（纳斯达克：ROP） 报告了截至2024年9月30日第三季度的财务业绩。本新闻稿中的结果是以持续运营为基础呈现的。
2024年第三季度要点
•营业收入增长13%，达到17.6亿美元；有机营业收入增长4%
•根据通用会计准则，每股收益（GAAP DEPS）增长了6%，达到3.40美元；调整后的每股收益增长了7%，达到4.62美元。
•根据普通公认会计原则，净收益增加了6%，达到36800万美元；调整后的净收益增加了7%，达到49900万美元
•调整后的EBITDA增长了10%，达到71700万美元
•经营性现金流为$75500万；调整后的经营性现金流增加了17%
“我们市场领先的科技业务组合再次交出了稳健的季度业绩，营业收入增长13%，EBITDA增长10%，自由现金流增长15%，” 儒博实业的总裁兼首席执行官Neil Hunn表示。“再次，我们将全年指引提高至区间的高端，得益于我们第三季度的业绩，持续扩大的循环收入基础，以及对我们业务的关键解决方案需求的改善。”
在第三季度，我们完成了对Transact Campus的收购，该公司已与我们的CBORD业务合并。此次收购为我们的投资组合增添了另一个高质量的垂直软件业务，为我们的股东提供了极具吸引力的价值创造机会。我们仍然具备执行我们纪律严明、流程驱动的资本部署策略的强大实力，具有重大的并购实力和丰富的收购机会储备，"Hunn先生总结道。
更新2024年指导方针
Roper现在预计2024财年调整后每股盈利为$18.21至$18.25，而之前的指引为$18.10至$18.25。公司将全年总营业收入增长预期提升至13%以上，并继续预计有机营业收入增长约为6%。
公司预计2024年第四季度调整后每股收益为4.70美元至4.74美元。
公司的指引不包括未公布的未来收购或出售的影响。
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今天早上8:00 (东部时间) 将举行电话会议
已安排了一个电话会议，讨论这些结果，时间为2024年10月23日周三上午8:00。可以通过网络直播或拨打+1 800-836-8184（美国/加拿大）或+1 646-357-8785，会议通话ID 50829来接入。网络直播信息和电话会议材料将在Roper公司网站的投资者部分提供。www.ropertech.com在电话会议开始前，也可以通过以下URL直接访问网络直播。 https://event.webcast电话重播将在两周内提供，并且可以通过拨打+1 646-517-4150，访问代码50829#。
非GAAP财务信息的使用
本公司在GAAP基础上补充其合并基本报表的某些非GAAP财务信息，以便为投资者提供更深入的了解，增加透明度，并使管理层在财务和运营决策中使用的信息得到更全面的理解。非GAAP措施与其最直接可比的GAAP措施之间的调解包含在附带的财务时间表或表格中。公司披露的非GAAP财务措施不应被视为按照GAAP编制的财务措施的替代品或优势，并且按照GAAP编制的财务结果，以及从这些结果得到的调解结果应该经过仔细评估。
少数股东权益
在将其工业业务的大部分股权出售给CD&R后，Roper持有Indicor的少数股权。 Roper在Indicor的股权投资的公允价值将每季度更新，并报告为"股权投资收益，净额"。 Roper还持有Certinia的少数股权，这是专业服务自动化软件的领先提供商。 公司对这项投资进行权益法核算，并报告与该投资相关的收益或亏损的按比例份额为"股权投资收益，净额"。 Roper对与这些投资相关的影响进行了非GAAP调整。
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| 表1：营业收入和调整后的EBITDA对账（百万美元） （来自持续经营） | |||||||||||||||||
| Q3 2023 | Q3 2024 | V % | |||||||||||||||
| GAAP营业收入 | $ | 1,563 | $ | 1,765 | 13 | % | |||||||||||
| 营业收入增长的元件 | |||||||||||||||||
| 有机 | 4 | % | |||||||||||||||
| 收购 | 9 | % | |||||||||||||||
| 汇率期货 | — | % | |||||||||||||||
| 营业收入增长 | 13 | % | |||||||||||||||
| 调整后的EBITDA对账表 | |||||||||||||||||
| 按照美国通用会计准则计算的净收益 | $ | 346 | $ | 368 | |||||||||||||
| 税收 | 97 | 99 | |||||||||||||||
| 利息支出 | 42 | 68 | |||||||||||||||
| 折旧费用 | 9 | 9 | |||||||||||||||
| 摊销 | 182 | 197 | |||||||||||||||
| EBITDA | $ | 676 | $ | 741 | 10 | % | |||||||||||
| 与Syntellis ('23)和Transact ('24)收购相关的重组费用 | 9 | 9 | |||||||||||||||
| 已完成收购的交易相关费用 | 5 | 5 | |||||||||||||||
与Indicor和Certinia的少数股权投资相关的财务影响 A | (34) | (37) | |||||||||||||||
| 非营运资产出售收益 | (3) | — | |||||||||||||||
| 调整后的EBITDA | $ | 652 | $ | 717 | 10 | % | |||||||||||
| 收入占比 | 41.7 | % | 40.7 | % | (100个基点) | ||||||||||||
表2：调整后净收益对账（百万美元） （来自持续经营业务） | |||||||||||||||||
| Q3 2023 | Q3 2024 | V % | |||||||||||||||
| 按照美国通用会计准则计算的净收益 | $ | 346 | $ | 368 | 6 | % | |||||||||||
| 与Syntellis（'23）和Transact（'24）收购相关的重组费用 | 7 | 7 | |||||||||||||||
| 已完成收购的交易相关费用 | 4 | 4 | |||||||||||||||
与对Indicor和Certinia的少数股权投资相关的财务影响 A | (28) | (29) | |||||||||||||||
| 非经营性资产出售收益 | (3) | — | |||||||||||||||
收购相关无形资产的摊销 B | 140 | 149 | |||||||||||||||
| 调整后的净收益 | $ | 465 | $ | 499 | 7 | % | |||||||||||
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表3：调整后的每股盈利调解 (来自持续经营) | |||||||||||||||||
| Q3 2023 | Q3 2024 | V % | |||||||||||||||
| GAAP每股盈利 | $ | 3.21 | $ | 3.40 | 6 | % | |||||||||||
| 与Syntellis（'23）和Transact（'24）收购相关的重组相关费用 | 0.06 | 0.07 | |||||||||||||||
| 已完成收购的交易相关费用 | 0.03 | 0.03 | |||||||||||||||
与Indicor＆Certinia的少数投资相关的财务影响 A | (0.26) | (0.27) | |||||||||||||||
| 非经营资产出售盈利 | (0.02) | — | |||||||||||||||
收购相关无形资产的摊销 B | 1.30 | 1.38 | |||||||||||||||
| 调整后每股收益 | $ | 4.32 | $ | 4.62 | 7 | % | |||||||||||
| 表4：调整后现金流对账（百万美元） （来自持续经营业务） | |||||||||||||||||
| Q3 2023 | Q3 2024 | V % | |||||||||||||||
| 经营现金流量 | $ | 631 | $ | 755 | 20 | % | |||||||||||
| 与剥离相关的税款支付期间 | 16 | — | |||||||||||||||
| 调整后的经营现金流量 | $ | 647 | $ | 755 | 17 | % | |||||||||||
| 资本支出 | (13) | (23) | |||||||||||||||
| 已资本化的软件支出 | (9) | (13) | |||||||||||||||
| 调整后的自由现金流 | $ | 625 | $ | 719 | 15 | % | |||||||||||
表5：预测调整后的每股收益调解 （来自持续经营） | |||||||||||||||||||||||
| Q4 2024 | 2024财年 | ||||||||||||||||||||||
| 低点 | 高点 | 低点 | 高点 | ||||||||||||||||||||
GAAP每股收益 C | $ | 3.29 | $ | 3.33 | $ | 12.64 | $ | 12.68 | |||||||||||||||
| 与Transact收购相关的重组费用 | — | — | 0.07 | 0.07 | |||||||||||||||||||
| 已完成收购的交易相关费用 | — | — | 0.05 | 0.05 | |||||||||||||||||||
与Indicor和Certinia的少数股权投资有关的财务影响 A | 待定 | 待定 | 待定 | 待定 | |||||||||||||||||||
收购相关无形资产的摊销 B | 1.41 | 1.41 | 5.45 | 5.45 | |||||||||||||||||||
| 调整后每股收益 | $ | 4.70 | $ | 4.74 | $ | 18.21 | $ | 18.25 | |||||||||||||||
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脚注：
| A. | 与Indicor和Certinia的少数股权投资相关的财务影响调整如下所示（以百万美元计，除每股数据外）。预测结果不包括与我们在Indicor或Certinia的少数股权投资相关的潜在影响，因为这些潜在影响无法合理预测。这些影响将在未来期间的所有非GAAP结果中排除。 | ||||||||||||||||||||||||||||
| 2023年第三季度实际情况 | 2024年第三季度实际情况 | 2024年第四季度预估 | 2024财年预测 | ||||||||||||||||||||||||||
| 税前 | $ | (34) | $ | (37) | 待定 | 待定 | |||||||||||||||||||||||
| 税后 | $ | (28) | $ | (29) | 待定 | 待定 | |||||||||||||||||||||||
| 每股 | $ | (0.26) | $ | (0.27) | 待定 | 待定 | |||||||||||||||||||||||
| B. | 显示如下的实际结果和对收购相关无形资产的预计摊销（单位：百万美元，除每股数据外）。这些调整按21%的税率征税。 | ||||||||||||||||||||||||||||
| 2023年第三季度实际 | 2024年第三季度实际 | 2024年第四季度预估 | 2024财年预测 | ||||||||||||||||||||||||||
| 税前 | $ | 177 | $ | 189 | $ | 193 | $ | 745 | |||||||||||||||||||||
| 税后 | $ | 140 | $ | 149 | $ | 153 | $ | 588 | |||||||||||||||||||||
| 每股 | $ | 1.30 | $ | 1.38 | $ | 1.41 | $ | 5.45 | |||||||||||||||||||||
| C. | 预计的美国通用会计准则每股收益不包括与我们在Indicor或Certinia的少数投资相关的任何潜在影响。这些影响将在未来期间的所有非通用会计结果中排除。 | ||||||||||||||||||||||||||||
Note: Numbers may not foot due to rounding.
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About Roper Technologies
Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.
Contact information:
Investor Relations
941-556-2601
investor-relations@ropertech.com
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The information provided in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be indicated by words or phrases such as "anticipate," "estimate," "plans," "expects," "projects," "should," "will," "believes," "intends" and similar words and phrases. These statements reflect management's current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, difficulties associated with exports, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of the current inflationary environment and ongoing supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
# # #
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| Roper Technologies, Inc. | |||||||||||
| Condensed Consolidated Balance Sheets (unaudited) | |||||||||||
| (Amounts in millions) | |||||||||||
| September 30, 2024 | December 31, 2023 | ||||||||||
| ASSETS: | |||||||||||
| Cash and cash equivalents | $ | 269.6 | $ | 214.3 | |||||||
| Accounts receivable, net | 821.2 | 829.9 | |||||||||
| Inventories, net | 129.0 | 118.6 | |||||||||
| Income taxes receivable | 43.0 | 47.7 | |||||||||
| Unbilled receivables | 130.3 | 106.4 | |||||||||
| Other current assets | 199.2 | 164.5 | |||||||||
| Total current assets | 1,592.3 | 1,481.4 | |||||||||
| Property, plant and equipment, net | 132.8 | 119.6 | |||||||||
| Goodwill | 19,267.2 | 17,118.8 | |||||||||
| Other intangible assets, net | 9,212.7 | 8,212.1 | |||||||||
| Deferred taxes | 35.9 | 32.2 | |||||||||
| Equity investments | 878.6 | 795.7 | |||||||||
| Other assets | 433.2 | 407.7 | |||||||||
| Total assets | $ | 31,552.7 | $ | 28,167.5 | |||||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY: | |||||||||||
| Accounts payable | $ | 155.8 | $ | 143.0 | |||||||
| Accrued compensation | 248.5 | 250.0 | |||||||||
| Deferred revenue | 1,671.0 | 1,583.8 | |||||||||
| Other accrued liabilities | 468.4 | 446.5 | |||||||||
| Income taxes payable | 47.0 | 40.4 | |||||||||
| Current portion of long-term debt, net | 699.0 | 499.5 | |||||||||
| Total current liabilities | 3,289.7 | 2,963.2 | |||||||||
| Long-term debt, net of current portion | 7,677.6 | 5,830.6 | |||||||||
| Deferred taxes | 1,649.9 | 1,513.1 | |||||||||
| Other liabilities | 420.0 | 415.8 | |||||||||
| Total liabilities | 13,037.2 | 10,722.7 | |||||||||
| Common stock | 1.1 | 1.1 | |||||||||
| Additional paid-in capital | 2,976.9 | 2,767.0 | |||||||||
| Retained earnings | 15,661.4 | 14,816.3 | |||||||||
| Accumulated other comprehensive loss | (107.4) | (122.8) | |||||||||
| Treasury stock | (16.5) | (16.8) | |||||||||
| Total stockholders’ equity | 18,515.5 | 17,444.8 | |||||||||
| Total liabilities and stockholders’ equity | $ | 31,552.7 | $ | 28,167.5 | |||||||
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| Roper Technologies, Inc. | |||||||||||||||||||||||
| Condensed Consolidated Statements of Earnings (unaudited) | |||||||||||||||||||||||
| (Amounts in millions, except per share data) | |||||||||||||||||||||||
| Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||
| 2024 | 2023 | 2024 | 2023 | ||||||||||||||||||||
| Net revenues | $ | 1,764.6 | $ | 1,563.4 | $ | 5,162.1 | $ | 4,564.3 | |||||||||||||||
| Cost of sales | 542.9 | 467.1 | 1,566.1 | 1,382.3 | |||||||||||||||||||
| Gross profit | 1,221.7 | 1,096.3 | 3,596.0 | 3,182.0 | |||||||||||||||||||
| Selling, general and administrative expenses | 725.1 | 650.2 | 2,123.9 | 1,899.6 | |||||||||||||||||||
| Income from operations | 496.6 | 446.1 | 1,472.1 | 1,282.4 | |||||||||||||||||||
| Interest expense, net | 67.7 | 42.4 | 188.4 | 114.6 | |||||||||||||||||||
| Equity investments gain, net | (37.4) | (33.9) | (93.6) | (98.7) | |||||||||||||||||||
| Other (income) expense, net | (0.9) | (5.0) | 0.9 | 0.1 | |||||||||||||||||||
| Earnings before income taxes | 467.2 | 442.6 | 1,376.4 | 1,266.4 | |||||||||||||||||||
| Income taxes | 99.3 | 97.0 | 289.4 | 275.5 | |||||||||||||||||||
| Net earnings from continuing operations | 367.9 | 345.6 | 1,087.0 | 990.9 | |||||||||||||||||||
| Loss from discontinued operations, net of tax | — | (2.9) | — | (4.1) | |||||||||||||||||||
| Gain on disposition of discontinued operations, net of tax | — | 4.5 | — | 8.4 | |||||||||||||||||||
| Net earnings from discontinued operations | — | 1.6 | — | 4.3 | |||||||||||||||||||
| Net earnings | $ | 367.9 | $ | 347.2 | $ | 1,087.0 | $ | 995.2 | |||||||||||||||
| Net earnings per share from continuing operations: | |||||||||||||||||||||||
| Basic | $ | 3.43 | $ | 3.23 | $ | 10.15 | $ | 9.30 | |||||||||||||||
| Diluted | $ | 3.40 | $ | 3.21 | $ | 10.06 | $ | 9.23 | |||||||||||||||
| Net earnings per share from discontinued operations: | |||||||||||||||||||||||
| Basic | $ | — | $ | 0.02 | $ | — | $ | 0.04 | |||||||||||||||
| Diluted | $ | — | $ | 0.02 | $ | — | $ | 0.04 | |||||||||||||||
| Net earnings per share: | |||||||||||||||||||||||
| Basic | $ | 3.43 | $ | 3.25 | $ | 10.15 | $ | 9.34 | |||||||||||||||
| Diluted | $ | 3.40 | $ | 3.23 | $ | 10.06 | $ | 9.27 | |||||||||||||||
| Weighted average common shares outstanding: | |||||||||||||||||||||||
| Basic | 107.2 | 106.7 | 107.1 | 106.5 | |||||||||||||||||||
| Diluted | 108.1 | 107.6 | 108.0 | 107.3 | |||||||||||||||||||
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| Roper Technologies, Inc. | |||||||||||||||||||||||||||||||||||||||||||||||
| Selected Segment Financial Data (unaudited) | |||||||||||||||||||||||||||||||||||||||||||||||
| (Amounts in millions; percentages of net revenues) | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended September 30, | Nine months ended September 30, | ||||||||||||||||||||||||||||||||||||||||||||||
| 2024 | 2023 | 2024 | 2023 | ||||||||||||||||||||||||||||||||||||||||||||
| Amount | % | Amount | % | Amount | % | Amount | % | ||||||||||||||||||||||||||||||||||||||||
| Net revenues: | |||||||||||||||||||||||||||||||||||||||||||||||
| Application Software | $ | 984.4 | $ | 803.4 | $ | 2,811.4 | $ | 2,335.1 | |||||||||||||||||||||||||||||||||||||||
| Network Software | 367.1 | 364.1 | 1,102.1 | 1,076.7 | |||||||||||||||||||||||||||||||||||||||||||
| Technology Enabled Products | 413.1 | 395.9 | 1,248.6 | 1,152.5 | |||||||||||||||||||||||||||||||||||||||||||
| Total | $ | 1,764.6 | $ | 1,563.4 | $ | 5,162.1 | $ | 4,564.3 | |||||||||||||||||||||||||||||||||||||||
| Gross profit: | |||||||||||||||||||||||||||||||||||||||||||||||
| Application Software | $ | 672.8 | 68.3% | $ | 557.7 | 69.4% | $ | 1,939.6 | 69.0% | $ | 1,609.2 | 68.9% | |||||||||||||||||||||||||||||||||||
| Network Software | 311.8 | 84.9% | 310.7 | 85.3% | 935.9 | 84.9% | 914.0 | 84.9% | |||||||||||||||||||||||||||||||||||||||
| Technology Enabled Products | 237.1 | 57.4% | 227.9 | 57.6% | 720.5 | 57.7% | 658.8 | 57.2% | |||||||||||||||||||||||||||||||||||||||
| Total | $ | 1,221.7 | 69.2% | $ | 1,096.3 | 70.1% | $ | 3,596.0 | 69.7% | $ | 3,182.0 | 69.7% | |||||||||||||||||||||||||||||||||||
| Operating profit*: | |||||||||||||||||||||||||||||||||||||||||||||||
| Application Software | $ | 259.8 | 26.4% | $ | 206.9 | 25.8% | $ | 750.5 | 26.7% | $ | 601.3 | 25.8% | |||||||||||||||||||||||||||||||||||
| Network Software | 166.0 | 45.2% | 164.4 | 45.2% | 492.1 | 44.7% | 465.0 | 43.2% | |||||||||||||||||||||||||||||||||||||||
| Technology Enabled Products | 141.1 | 34.2% | 137.1 | 34.6% | 424.0 | 34.0% | 391.7 | 34.0% | |||||||||||||||||||||||||||||||||||||||
| Total | $ | 566.9 | 32.1% | $ | 508.4 | 32.5% | $ | 1,666.6 | 32.3% | $ | 1,458.0 | 31.9% | |||||||||||||||||||||||||||||||||||
| * Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $70.3 and $62.3 for the three months ended September 30, 2024 and 2023, respectively, and $194.5 and $175.6 for the nine months ended September 30, 2024 and 2023, respectively. | |||||||||||||||||||||||||||||||||||||||||||||||
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| Roper Technologies, Inc. | |||||||||||
| Condensed Consolidated Statements of Cash Flows (unaudited) | |||||||||||
| (Amounts in millions) | |||||||||||
| Nine months ended September 30, | |||||||||||
| 2024 | 2023 | ||||||||||
| Cash flows from operating activities: | |||||||||||
| Net earnings from continuing operations | $ | 1,087.0 | $ | 990.9 | |||||||
| Adjustments to reconcile net earnings from continuing operations to cash flows from operating activities: | |||||||||||
| Depreciation and amortization of property, plant and equipment | 27.9 | 26.3 | |||||||||
| Amortization of intangible assets | 573.8 | 532.8 | |||||||||
| Amortization of deferred financing costs | 7.0 | 7.7 | |||||||||
| Non-cash stock compensation | 112.9 | 99.2 | |||||||||
| Equity investments gain, net | (93.6) | (98.7) | |||||||||
| Income tax provision | 289.4 | 275.5 | |||||||||
| Changes in operating assets and liabilities, net of acquired businesses: | |||||||||||
| Accounts receivable | 82.8 | 25.8 | |||||||||
| Unbilled receivables | (17.1) | (15.3) | |||||||||
| Inventories | (8.3) | (11.2) | |||||||||
| Accounts payable | (7.2) | 12.1 | |||||||||
| Other accrued liabilities | (1.7) | (72.0) | |||||||||
| Deferred revenue | 24.5 | 18.6 | |||||||||
| Cash taxes paid for gain on disposal of business | — | (16.4) | |||||||||
| Cash income taxes paid, excluding tax associated with gain on disposal of business | (383.1) | (335.6) | |||||||||
| Other, net | (23.3) | (24.0) | |||||||||
| Cash provided by operating activities from continuing operations | 1,671.0 | 1,415.7 | |||||||||
| Cash used in operating activities from discontinued operations | — | (2.4) | |||||||||
| Cash provided by operating activities | 1,671.0 | 1,413.3 | |||||||||
| Cash flows from (used in) investing activities: | |||||||||||
| Acquisitions of businesses, net of cash acquired | (3,464.1) | (1,970.1) | |||||||||
| Capital expenditures | (39.2) | (37.8) | |||||||||
| Capitalized software expenditures | (33.4) | (28.7) | |||||||||
| Distributions from equity investment | 9.5 | 25.3 | |||||||||
| Other, net | (1.0) | 0.6 | |||||||||
| Cash used in investing activities from continuing operations | (3,528.2) | (2,010.7) | |||||||||
| Cash provided by disposition of discontinued operations | — | 2.0 | |||||||||
| Cash used in investing activities | (3,528.2) | (2,008.7) | |||||||||
| Cash flows from (used in) financing activities: | |||||||||||
| Proceeds from senior notes | 2,000.0 | — | |||||||||
| Payments of senior notes | (500.0) | (700.0) | |||||||||
| Borrowings under revolving line of credit, net | 565.0 | 910.0 | |||||||||
| Debt issuance costs | (24.7) | — | |||||||||
| Cash dividends to stockholders | (241.1) | (217.5) | |||||||||
| Proceeds from stock-based compensation, net | 88.1 | 99.3 | |||||||||
| Treasury stock sales | 14.5 | 11.6 | |||||||||
| Other | (0.1) | (0.1) | |||||||||
| Cash provided by financing activities | 1,901.7 | 103.3 | |||||||||
| (Continued) | |||||||||||
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| Roper Technologies, Inc. | |||||||||||
| Condensed Consolidated Statements of Cash Flows (unaudited) - Continued | |||||||||||
| (Amounts in millions) | |||||||||||
| Nine months ended September 30, | |||||||||||
| 2024 | 2023 | ||||||||||
| Effect of exchange rate changes on cash | 10.8 | (1.2) | |||||||||
| Net increase (decrease) in cash and cash equivalents | 55.3 | (493.3) | |||||||||
| Cash and cash equivalents, beginning of period | 214.3 | 792.8 | |||||||||
| Cash and cash equivalents, end of period | $ | 269.6 | $ | 299.5 | |||||||
12