Results
We Keep Score
During the past decade, Roper has sustained growth and built a strong capital structure through the disciplined execution of a consistent strategy. Our focus on cash generation enabled our businesses to produce more than $1 billion in operating cash flow from 2006 to 2008 and to generate operating cash flow in excess of net income for 11 consecutive years. Strong cash flows and limited capital expenditures also have combined to maintain a strong balance sheet, which qualified the Company as investment grade status credit.
Financial Highlights |
(In millions) |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
2004 |
|
2003 |
Net Sales |
$ |
2,306 |
$ |
2,102 |
$ |
1,701 |
$ |
1,454 |
$ |
970 |
$ |
657 |
Net Earnings |
$ |
287 |
$ |
250 |
$ |
193 |
$ |
153 |
$ |
94
|
$ |
45 |
Interest Expense |
$ |
54 |
$ |
52 |
$ |
45 |
$ |
43 |
$ |
29 |
$ |
16 |
Income Tax Expense |
$ |
149 |
$ |
134 |
$ |
100 |
$ |
67 |
$ |
40 |
$ |
18 |
Depreciation and Amortization |
$ |
103 |
$ |
93 |
$ |
82 |
$ |
72 |
$ |
41 |
$ |
16 |
EBITDA |
$ |
593 |
$ |
529 |
$ |
420 |
$ |
335 |
$ |
204 |
$ |
95 |
|