Roper Technologies, Inc. (NYSE:ROP) Q3 2023 Earnings Call Transcript

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Neil Hunn: Yeah, I mean, I think I’ve said for about a year, you know, we kind of looked at things as kind of a margin, so as a percent of revenue. And being north of 30% of revenue on free cash flow is kind of the right way to think about it. You know, with EBITDA, obviously, with interest rates changing, it’s — you know, it’s good to look at it in a certain point of time. And over time, that can change. So percent of revenue is sort of how we think about it. North of 30% is our target.

Brad Hewitt: Appreciate it.

Operator: This concludes our question-and-answer session. We will now return back to Zach Moxie for any closing remarks.

Zack Moxcey: Thank you, everyone, for joining us today. We look forward to speaking with you during our next earnings call.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

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