Roper Technologies Inc at Jefferies Software Conference Transcript

May 31, 2023 / 04:30PM GMT
Brent John Thill - Jefferies LLC, Research Division - Equity Analyst

We have the Roper team with us. Neil and Jason are both with us, Zack as well in the front row, running IR. Gentlemen, thanks for joining. And Neil, if you can just maybe bring us up to speed on the story, kind of at a high level, top priors for this year, maybe for those that don't know the story as well, give us just a quick commercial on why you guys have been so successful and how the strategy is continuing to evolve.

Laurence Neil Hunn - Roper Technologies, Inc. - President, CEO & Director

Yes. Thanks for having us. It's great to be out here on the West Coast. So very briefly at Roper, we just brought a couple of slides. We're focused on cash flow growth, compounding cash flow and we do it 2 ways. We operate a portfolio of 27 technology and software companies, and we grow that business organically mid-single digit plus with operating leverage in the 45% plus or minus range. So you sort of see organic cash flow growth in the high single digits. And then we take all of the free cash flow

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