Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures - S&P Global Ratings’ Credit Research

Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures

Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures - S&P Global Ratings’ Credit Research
Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures
Published Feb 25, 2016
Published Feb 25, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

U.S.-based diversified industrial and engineered product manufacturer Roper Technologies Inc. continues to demonstrate strong profitability and healthy credit measures despite the headwinds in its energy and industrial end markets. We are revising our outlook on Roper Technologies Inc. to positive from stable and are affirming all of our ratings on the company, including our 'BBB' corporate credit rating. The positive outlook indicates that we could raise our ratings on Roper during the next two years if we believe that the company will likely demonstrate more conservative financial policies, as indicated by consistently maintaining a debt-to-EBITDA ratio of less than 2x and a free operating cash flow (FOCF)-to-debt ratio in excess of 25%. On Feb. 25, 2016, Standard&Poor's Ratings

  
Report Type:

Research Update

Ticker
Issuer
GICS
Industrial Conglomerates (20105010)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures" Feb 25, 2016. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roper-Technologies-Inc-Outlook-Revised-To-Positive-Ratings-Affirmed-On-Improved-Profitability-And-Credit-Measures-1586460>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Roper Technologies Inc. Outlook Revised To Positive, Ratings Affirmed On Improved Profitability And Credit Measures Feb 25, 2016. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roper-Technologies-Inc-Outlook-Revised-To-Positive-Ratings-Affirmed-On-Improved-Profitability-And-Credit-Measures-1586460>
  
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