Roper Technologies, Inc. · NASDAQ:ROP
Roper Technologies — Raymond James Technology Investors Conference 2022
10 slides from Roper Technologies's conference presentation, Dec 7, 2022
Slide 1: Investor Presentation - Raymond James Technology Investors Conference
INVESTOR PRESENTATION RAYMOND JAMES TECHNOLOGY INVESTORS CONFERENCE DECEMBER 7, 2022 SIMPLE IDEAS. POWERFUL RESULTS.
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT The information provided in this presentation contains forward-looking statements within the meaning of the federal securities laws. These forward- looking statements may include, among others, statements regarding operating results, the success of our internal operating plans,
Slide 3: Consistent Strategy
CONSISTENT STRATEGY We compound cash flow by acquiring and growing niche, market-leading technology businesses. PAGE 3
Slide 4: Roper Summary
ROPER SUMMARY Continuing Operations Only Organic Revenue Growth Total Revenue Growth 20% COVID Year 13% 11% 11%+ 8% 9%+ 6% 3% 2019 2020 2021 2022E EBITDA Margin 38% 39% 40% 40% Vertical Software Medical & Water Products (~75% of Revenue) (~25% of Revenue) Results are presented on an Adjusted (Non-GA
Slide 5: Roper's Revenue Composition
ROPER’S REVENUE COMPOSITION ~$5.4B ~$4.0B ~$2.9B 100% Perpetual Licenses $0.3B 90% Medical & Water Services & Other Products On-Prem Annual $0.5B Maintenance $1.4B 80% $0.9B Reoccurring $0.4B 70% 60% 50% 40% Vertical Software Recurring SaaS Subscription $4.0B $2.9B $2.1B 30% 20% 10% 0% Total Revenue
Slide 6: Value Creation & Governance Model
VALUE CREATION & GOVERNANCE MODEL Market-Leading Businesses in Defensible Niches • Substantial Excess Free Cash Flow • Resilient Organic Growth • Investment Grade Leverage • High Recurring Revenue Mix • Centralized Capital Deployment • Strong Margins • Customer Intimacy Redeploy Capital to Acquire F
Slide 7: Significant Outperformance vs. the Market
SIGNIFICANT OUTPERFORMANCE VS. THE MARKET CUMULATIVE TOTAL SHAREHOLDER RETURN (IPO – 12/31/21) Roper Technologies, Inc. S&P 500 TOTAL SHAREHOLDER RETURN $30,000 (12/31/03 – 12/31/21) 2,122% $25,000 $20,000 $15,000 $10,000 515% $5,000 S&P 500 ROP $0 Business • Outstanding Q2: Model Strong Growth, & S
Slide 8: Appendix
APPENDIX
Slide 9: Reconciliations
RECONCILIATIONS Adjusted Revenue and EBITDA Reconciliation ($M) (From Continuing Operations) FY 2019 FY 2020 FY 2021 Adjusted Revenue* $ 3,568 $ 4,034 $ 4,835 Organic 6% 3% 8% Acquisitions/Divestitures 6% 10% 11% Foreign Exchange (1%) - 1% Total Adjusted Revenue Growth* 11% 13% 20% Segment EBITDA* $
Slide 10: Roper Technologies
Roper TECHNOLOGIES
Roper Technologies — Raymond James Technology Investors Conference 2022 on 6ix