ROPER TECHNOLOGIES INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
ROP$474.47+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (unaudited)
| Three months endedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net earnings from continuing operations | $382.0 | $284.3 |
| Adjustments to reconcile net earnings from continuing operations to cash flows from operating activities: | ||
| Depreciation and amortization of property, plant and equipment | 9.2 | 8.6 |
| Amortization of intangible assets | 185.0 | 175.1 |
| Amortization of deferred financing costs | 2.2 | 2.6 |
| Non-cash stock compensation | 33.6 | 29.6 |
| Equity investments (gain) loss, net | (57.0) | 1.2 |
| Income tax provision | 101.9 | 75.8 |
| Changes in operating assets and liabilities, net of acquired businesses: | ||
| Accounts receivable | 79.4 | 98.0 |
| Unbilled receivables | (12.2) | (8.7) |
| Inventories | (7.9) | (3.8) |
| Accounts payable | 0.3 | 11.2 |
| Other accrued liabilities | (69.3) | (103.7) |
| Deferred revenue | (70.5) | (61.4) |
| Cash income taxes paid | (19.0) | (16.0) |
| Other, net | (26.2) | (27.9) |
| Cash provided by operating activities from continuing operations | 531.5 | 464.9 |
| Cash used in operating activities from discontinued operations | — | (1.2) |
| Cash provided by operating activities | 531.5 | 463.7 |
| Cash flows used in investing activities: | ||
| Acquisitions of businesses, net of cash acquired | (1,858.7) | (1.1) |
| Capital expenditures | (9.3) | (9.8) |
| Capitalized software expenditures | (9.6) | (9.9) |
| Other, net | (1.0) | (2.8) |
| Cash used in investing activities from continuing operations | (1,878.6) | (23.6) |
| Cash used in disposition of discontinued operations | — | (3.2) |
| Cash used in investing activities | (1,878.6) | (26.8) |
| Cash flows from (used in) financing activities: | ||
| Borrowings under revolving line of credit, net | 1,390.0 | — |
| Cash dividends to stockholders | (80.5) | (72.3) |
| Proceeds from stock-based compensation, net | 21.7 | 15.1 |
| Treasury stock sales | 5.8 | 4.7 |
| Other, net | (0.1) | — |
| Cash provided by (used in) financing activities | 1,336.9 | (52.5) |
| Effect of exchange rate changes on cash | (5.7) | 4.4 |
| Net increase (decrease) in cash and cash equivalents | (15.9) | 388.8 |
| Cash and cash equivalents, beginning of period | 214.3 | 792.8 |
| Cash and cash equivalents, end of period | $198.4 | $1,181.6 |
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