earnings
confidence high
sentiment positive
materiality 0.75
Roper Q2 revenue up 22% to $1.59B; raises full-year adjusted EPS guidance to $15.00-$15.20
ROPER TECHNOLOGIES INC
2021-Q2 EPS reported
$5.42
revenue$3,116,200,000
- Revenue $1.59B (+22% GAAP and adjusted); organic +7%; gross margin 65.1% (+40 bps).
- GAAP DEPS $2.69 (+29% YoY); adjusted DEPS $3.76 (+28% YoY).
- EBITDA $579M (+26%); EBITDA margin 36.4% (+110 bps); adjusted free cash flow $409M (+30%).
- Full year 2021 adjusted DEPS guidance raised to $15.00-$15.20 from $14.75-$15.00; Q3 guidance $3.80-$3.84.
- Reduced debt by ~$375M in Q2; cumulative leverage reduction $1.4B since 2020 acquisitions.