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Segment and Geographic Area Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Selected financial information by reportable segment for 2023, 2022, and 2021 was as follows:
| Application Software |  | Network Software |  | Technology Enabled Products |  |  |  | Corporate |  | Total
2023 |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 3,186.9 |  |  | $ | 1,439.4 |  |  | $ | 1,551.5 |  |  |  |  | $ | — |  |  | $ | 6,177.8 |
Operating profit | 820.8 |  |  | 632.4 |  |  | 518.7 |  |  |  |  | (226.7) |  |  | 1,745.2 |
Assets: |  |  |  |  |  |  |  |  |  |  |
Operating assets | 730.8 |  |  | 235.6 |  |  | 337.5 |  |  |  |  | 35.0 |  |  | 1,338.9 |
Intangible assets, net | 19,242.4 |  |  | 5,005.9 |  |  | 1,082.6 |  |  |  |  | — |  |  | 25,330.9 |
Other | 377.7 |  |  | 122.3 |  |  | 65.5 |  |  |  |  | 932.2 |  |  | 1,497.7 |
Total assets |  |  |  |  |  |  |  |  |  |  | 28,167.5 |
Capital expenditures | 20.1 |  |  | 6.4 |  |  | 13.8 |  |  |  |  | 27.7 |  |  | 68.0 |
Capitalized software expenditures | 39.5 |  |  | 0.5 |  |  | — |  |  |  |  | — |  |  | 40.0 |
Depreciation and other amortization | 563.0 |  |  | 162.5 |  |  | 29.1 |  |  |  |  | 0.6 |  |  | 755.2 |
2022 |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 2,639.5 |  |  | $ | 1,378.5 |  |  | $ | 1,353.8 |  |  |  |  | $ | — |  |  | $ | 5,371.8 |
Operating profit | 714.0 |  |  | 570.6 |  |  | 449.1 |  |  |  |  | (209.2) |  |  | 1,524.5 |
Assets: |  |  |  |  |  |  |  |  |  |  |
Operating assets | 624.7 |  |  | 224.7 |  |  | 307.4 |  |  |  |  | 7.1 |  |  | 1,163.9 |
Intangible assets, net | 17,758.4 |  |  | 5,118.5 |  |  | 1,099.9 |  |  |  |  | — |  |  | 23,976.8 |
Other | 340.2 |  |  | 124.2 |  |  | 95.4 |  |  |  |  | 1,280.3 |  |  | 1,840.1 |
Total assets |  |  |  |  |  |  |  |  |  |  | 26,980.8 |
Capital expenditures | 20.7 |  |  | 8.8 |  |  | 9.2 |  |  |  |  | 1.4 |  |  | 40.1 |
Capitalized software expenditures | 28.5 |  |  | 1.7 |  |  | — |  |  |  |  | — |  |  | 30.2 |
Depreciation and other amortization | 455.8 |  |  | 164.2 |  |  | 29.8 |  |  |  |  | 0.3 |  |  | 650.1 |
2021 |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 2,366.7 |  |  | $ | 1,223.8 |  |  | $ | 1,243.3 |  |  |  |  | $ | — |  |  | $ | 4,833.8 |
Operating profit 2 | 633.1 |  |  | 476.8 |  |  | 415.6 |  |  |  |  | (189.9) |  |  | 1,335.6 |
Assets: |  |  |  |  |  |  |  |  |  |  |
Operating assets | 576.0 |  |  | 215.5 |  |  | 250.7 |  |  |  |  | 15.4 |  |  | 1,057.6 |
Intangible assets, net | 13,498.4 |  |  | 5,364.8 |  |  | 1,122.2 |  |  |  |  | — |  |  | 19,985.4 |
Other | 205.8 |  |  | 50.4 |  |  | 33.8 |  |  |  |  | 498.0 |  |  | 788.0 |
Total assets 1 |  |  |  |  |  |  |  |  |  |  | 21,831.0 |
Capital expenditures | 18.0 |  |  | 5.0 |  |  | 4.5 |  |  |  |  | 1.0 |  |  | 28.5 |
Capitalized software expenditures | 26.3 |  |  | 3.4 |  |  | — |  |  |  |  | — |  |  | 29.7 |
Depreciation and other amortization | 418.7 |  |  | 164.8 |  |  | 32.1 |  |  |  |  | 0.3 |  |  | 615.9 |
1 Total assets excludes assets held for sale of $1,882.9 associated with the 2021 Divestitures and Indicor, as applicable, on December 31, 2021. 2 Operating profit excludes $94.4 of non-cash impairment charges for the year ended December 31, 2021.
Schedule of Sales and Long-Lived Assets by Country of Origin | Summarized data for Roper’s U.S. and foreign operations (principally in Canada, Europe, and Asia) for 2023, 2022, and 2021, based upon the country of origin of the Roper entity making the sale, was as follows:
| United States |  | Non-U.S. |  | Eliminations |  | Total
2023 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 5,353.6 |  |  | $ | 824.2 |  |  | $ | — |  |  | $ | 6,177.8 |
Sales between geographic areas | 73.5 |  |  | 79.7 |  |  | (153.2) |  |  | — |
Net revenues | $ | 5,427.1 |  |  | $ | 903.9 |  |  | $ | (153.2) |  |  | $ | 6,177.8 |
Long-lived assets | $ | 251.1 |  |  | $ | 20.1 |  |  | $ | — |  |  | $ | 271.2 |
2022 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 4,610.2 |  |  | $ | 761.6 |  |  | $ | — |  |  | $ | 5,371.8 |
Sales between geographic areas | 55.5 |  |  | 82.2 |  |  | (137.7) |  |  | — |
Net revenues | $ | 4,665.7 |  |  | $ | 843.8 |  |  | $ | (137.7) |  |  | $ | 5,371.8 |
Long-lived assets | $ | 196.5 |  |  | $ | 17.1 |  |  | $ | — |  |  | $ | 213.6 |
2021 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 4,105.6 |  |  | $ | 728.2 |  |  | $ | — |  |  | $ | 4,833.8 |
Sales between geographic areas | 81.1 |  |  | 81.9 |  |  | (163.0) |  |  | — |
Net revenues | $ | 4,186.7 |  |  | $ | 810.1 |  |  | $ | (163.0) |  |  | $ | 4,833.8 |
Long-lived assets | $ | 167.3 |  |  | $ | 19.8 |  |  | $ | — |  |  | $ | 187.1 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area | Roper’s net revenues for the years ended December 31, 2023, 2022, and 2021 are shown below by region, except for Canada, which is presented separately:
| Application Software |  | Network Software |  | Technology Enabled Products |  |  |  | Total
2023 |  |  |  |  |  |  |  |  |
Canada | $ | 63.7 |  |  | $ | 99.5 |  |  | $ | 91.4 |  |  |  |  | $ | 254.6 |
Europe | 260.7 |  |  | 64.2 |  |  | 128.3 |  |  |  |  | 453.2 |
Asia | 4.6 |  |  | 14.6 |  |  | 55.9 |  |  |  |  | 75.1 |
Rest of the world | 34.6 |  |  | 9.2 |  |  | 46.7 |  |  |  |  | 90.5 |
Total | $ | 363.6 |  |  | $ | 187.5 |  |  | $ | 322.3 |  |  |  |  | $ | 873.4 |
2022 |  |  |  |  |  |  |  |  |
Canada | $ | 57.8 |  |  | $ | 95.9 |  |  | $ | 68.6 |  |  |  |  | $ | 222.3 |
Europe | 241.2 |  |  | 65.7 |  |  | 117.7 |  |  |  |  | 424.6 |
Asia | 4.9 |  |  | 12.2 |  |  | 56.2 |  |  |  |  | 73.3 |
Rest of the world | 35.1 |  |  | 7.5 |  |  | 43.7 |  |  |  |  | 86.3 |
Total | $ | 339.0 |  |  | $ | 181.3 |  |  | $ | 286.2 |  |  |  |  | $ | 806.5 |
2021 |  |  |  |  |  |  |  |  |
Canada | $ | 51.2 |  |  | $ | 85.2 |  |  | $ | 61.7 |  |  |  |  | $ | 198.1 |
Europe | 248.2 |  |  | 59.2 |  |  | 125.3 |  |  |  |  | 432.7 |
Asia | 3.7 |  |  | 10.9 |  |  | 49.4 |  |  |  |  | 64.0 |
Rest of the world | 37.1 |  |  | 6.5 |  |  | 37.5 |  |  |  |  | 81.1 |
Total | $ | 340.2 |  |  | $ | 161.8 |  |  | $ | 273.9 |  |  |  |  | $ | 775.9 |

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