Despite increasing uncertainty regarding the health of the global economy, Roper Technologies Inc. continues to demonstrate very good results. During the fourth quarter ended Dec. 31, 2018, Roper saw 9% organic revenue growth, a 30 basis point expansion in EBITDA margins, and a 27% increase in free cash flow. These results essentially mirrored its performance for the full year, as a combination of tax reform, market share gains, price actions, and working capital management offset tariff and inflation challenges. We expect mid-single-digit organic growth to continue for most of Roper's segments in 2019, though its process technologies segment (the smallest of the four) could decline by 1%-5% on tough comparisons, as products for the upstream oil and gas market performed
