Roper Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 23, 2024 at 06:55 am EDT
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Roper Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 1,764.6 million compared to USD 1,563.4 million a year ago. Net income was USD 367.9 million compared to USD 347.2 million a year ago. Basic earnings per share from continuing operations was USD 3.43 compared to USD 3.23 a year ago. Diluted earnings per share from continuing operations was USD 3.4 compared to USD 3.21 a year ago. Basic earnings per share was USD 3.43 compared to USD 3.25 a year ago. Diluted earnings per share was USD 3.4 compared to USD 3.23 a year ago.
For the nine months, sales was USD 5,162.1 million compared to USD 4,564.3 million a year ago. Net income was USD 1,087 million compared to USD 995.2 million a year ago. Basic earnings per share from continuing operations was USD 10.15 compared to USD 9.3 a year ago. Diluted earnings per share from continuing operations was USD 10.06 compared to USD 9.23 a year ago. Basic earnings per share was USD 10.15 compared to USD 9.34 a year ago. Diluted earnings per share was USD 10.06 compared to USD 9.27 a year ago.
Roper Technologies Inc. is a diversified group organized around 4 families of products:
- scientific and industrial imaging products (29.7% of net sales): digital imaging products and software, medical products, handheld and vehicle mounted computers, etc.;
- industrial technology products (29.6%): industrial pumps, flow measurement and metering equipment, industrial valves and controls, equipment for materials analysis, etc.;
- radio frequency products (28.5%): toll systems and traffic control devices, security and access control systems, campus card systems, mobile asset tracking systems, remote temperature monitoring systems, etc.;
- energy and control systems (12.2%): control systems, fluid properties testing equipment, sensors, non-destructive inspection and measurement instruments, etc.