Roper Technologies Inc. - S&P Global Ratings’ Credit Research

Roper Technologies Inc.

Roper Technologies Inc. - S&P Global Ratings’ Credit Research
Roper Technologies Inc.
Published Apr 24, 2024
10 pages (3650 words) — Published Apr 24, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Leading positions in niche markets with a strong brand name. Inorganic growth strategy focused on debt-funded acquisitions in technology that may face competition from private-equity buyers and high purchase multiples. Good portfolio management and an affinity for investing in asset-light and cash-generative businesses. Technology disruptions could render its portfolio of software products obsolete. High proportion of recurring revenue and aftermarket sales in its software-as-a-service (SaaS) and network business lines. Potential for high leverage to support larger debt-funded acquisitions. Over the past five years, Roper has spent an average of $2.8 billion on acquisitions annually. Most recently, Roper acquired Procare Solutions, a software provider for early childhood education centers, for $1.75 billion in January 2024 and

  
Brief Excerpt:

...Roper Technologies Inc. has transformed its business through an acquisition strategy. Over the past five years, Roper has spent an average of $2.8 billion on acquisitions annually. Most...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Application Software (45103010)
Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Roper Technologies Inc." Apr 24, 2024. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Roper-Technologies-Inc-3157916>
  
APA:
S&P Global Ratings’ Credit Research. (). Roper Technologies Inc. Apr 24, 2024. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Roper-Technologies-Inc-3157916>
  
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