Roper Technologies is a diversified technology company that owns and manages a portfolio of businesses, most of them software. Its software units supply specialised applications for markets such as legal services, government contractors, construction, freight and health care, and it also owns technology-enabled product businesses, including water meters. Operations are grouped into application software, network software and technology enabled products segments, with customers in many niche industries.
The company earns money from recurring software subscriptions and maintenance, network fees, and its technology products. Revenue was $8.3 billion over the last twelve months, with growth of 13.7% a year across the last three years. The operating margin is 28.0%, and the business earns a profit of 7% on the capital invested in it. Net debt is 4.7 times EBITDA. It pays a dividend with a yield of 0.8%. On the site's X-Ray Score it receives 45 out of 100.
52-wk range $305.96 – $519.10Volume 1,976,290Daily, split-adjusted
Vitals
Market cap$43.9B
52-week range$305.96 – $519.10
Volume (last day)1,976,290
P/E (TTM)18.4
EBIT / EV yield4.2%
Free-cash-flow yield–
Dividend yield0.8%
Revenue (TTM)$8.3B
Net income (TTM)$2.5B
Operating margin28.0%
Return on capital6.6%
Debt incl. leases$11.3B
Cash & securities$365M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$461middle half of models $346 – $553
Fair+5.7% to fair value
Average of the 14 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
ValuationFair
68/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.2%
Fair value vs price1.1×
GrowthWeak
49/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)13.7%
EPS growth (3y)-30.6%
Growth consistency100%
ProfitabilityWeak
37/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.6%
Operating margin28.0%
Gross profitability16.4%
Financial healthWeak
17/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA4.7×
Interest cover5.9×
DividendsFair
59/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.8%
Dividend growth10.6%
Quarterly results: last 6 quarters
+12.0%Mar '25
+13.2%Jun '25
+14.3%Sep '25
+9.7%Dec '25
+11.3%Mar '26
+8.5%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.1B, diluted EPS $11.62.
Other Electronic Equipment & Instruments companies by X-Ray Score.
SWOT analysis: Roper Technologies Inc
Strengthsinside the company
Operating margin of 28.0% is well above the 19.4% median of industry peers, a sign of pricing power or lower costs.
Revenue has grown 13.7% a year over three years (median -0.3% for industry peers).
Weaknessesinside the company
Earnings per share have declined 30.6% a year over three years.
Net debt is 4.7x EBITDA, above the 3x level that lenders usually watch.
Opportunitiesvaluation and setting
Trades at 17.5x earnings, 49% below the 34.3x median of industry peers.
Our Market Compass rates the backdrop for Information Technology as favourable.
Threatsvaluation and setting
Heavy debt makes profits sensitive to interest rates and refinancing conditions.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare ROP with peers and sector
Medians of 3 Electronic Equipment & Instruments peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): KEYS39, TDY49, ZBRA43.
Metric
ROP
Peers
Sector
X-Ray Score (out of 100)
45
43
50
Valuation
68
55
50
Growth
49
37
54
Profitability
37
44
50
Financial health
17
49
50
Dividends
59
–
50
Sector leaders: highest X-Ray Score in Information Technology
ROP ranks #49 of 75 in Information Technology and #2 of 4 in Electronic Equipment & Instruments by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for ROP
Each factor is rated by where ROP stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 8 Good · 4 Average · 9 Bad of 21Growth: 1 · 1 · 1Profitability: 2 · 1 · 2Financial strength: 0 · 0 · 4Valuation: 2 · 2 · 0Cash flow: 1 · 0 · 2Efficiency: 2 · 0 · 0
Factor
ROP
Rating
Sector median
Own 5-year median
Against own history
Growth
Revenue growth, 3 years a year
+13.7%
Goodbeats 68%
+9.7%
–
–
Revenue growth, last year
+12.3%
Averagebeats 43%
+13.7%
+13.9%
≈ In line
EPS growth, 3 years a year
−30.6%
Badbeats 6%
+5.9%
–
–
Profitability
Gross margin
69.5%
Goodbeats 67%
57.8%
69.7%
≈ In line
Operating margin
28.0%
Averagebeats 63%
20.3%
28.3%
≈ In line
Net margin
30.2%
Goodbeats 81%
17.8%
22.4%
▲ Better
Return on invested capital
6.6%
Badbeats 17%
19.4%
–
–
Return on equity
13.4%
Badbeats 31%
21.0%
8.2%
▲ Better
Financial strength
Net debt / EBITDA
4.7x
Badbeats 2%
0.8x
2.7x
▼ Worse
Interest cover
5.9x
Badbeats 9%
23.0x
7.7x
▼ Worse
Current ratio
0.55
Badbeats 3%
1.57
0.52
≈ In line
Piotroski F-score
5 / 9
Badbeats 21%
6 / 9
–
–
Valuation
P/E ratio
17.5x
Goodbeats 85%
33.6x
36.2x
▲ Better
Price / book
2.3x
Goodbeats 94%
8.3x
3.0x
▲ Better
Price / sales
5.3x
Averagebeats 59%
6.9x
8.6x
▲ Better
EV / EBITDA
23.7x
Averagebeats 55%
24.7x
23.9x
≈ In line
Cash flow
Free cash flow margin
32.2%
Goodbeats 78%
22.3%
32.9%
≈ In line
Cash from operations / net income
1.07
Badbeats 23%
1.39
1.54
▼ Worse
Accruals (lower is better)
−0.5%
Badbeats 18%
−4.4%
–
–
Efficiency
Inventory turnover
17.4x
Goodbeats 91%
3.9x
17.2x
≈ In line
Days sales outstanding
41 days
Goodbeats 83%
63 days
49 days
▲ Better
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 3 Good · ● 3 Average · ● 8 Bad
Cash quality
Earnings backed by cashBad
Risk models
Altman Z''Average
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginAverage
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 35/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$4.8B
$5.4B
$6.2B
$7.0B
$7.9B
Operating income
$1.2B
$1.5B
$1.7B
$2.0B
$2.2B
Net income
$1.2B
$4.5B
$1.4B
$1.5B
$1.5B
Operating cash flow
$2.0B
$735M
$2.0B
$2.4B
$2.5B
Operating margin
25.7%
28.4%
28.2%
28.4%
28.3%
Free cash flow
–
–
–
–
–
Diluted EPS
$10.82
$42.55
$12.89
$14.35
$14.20
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 2 bearish
Monthly
Neutral
3 bullish · 1 neutral · 4 bearish
Moving averages (daily)
SMA 10
385.3
Bullish
EMA 10
391.4
Bullish
SMA 20
371.3
Bullish
EMA 20
382.1
Bullish
SMA 50
386.2
Bullish
EMA 50
379.0
Bullish
SMA 100
371.1
Bullish
EMA 100
375.6
Bullish
SMA 200
362.8
Bullish
EMA 200
385.6
Bullish
Oscillators (daily)
RSI (14)
80.24
Bearish
MACD (12, 26)
7.54
Bullish
Momentum (12)
20.41
Bullish
Stochastic %K (14)
95.69
Bearish
Williams %R (14)
-4.31
Bearish
CCI (20)
261.9
Bearish
Pivot points (classic, last session)
S3
381.7
S2
394.1
S1
415.1
Pivot
427.5
R1
448.6
R2
461.0
R3
482.1
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.64 USD
Yield on today's price
0.83%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
0.9100
0.9100
0.9100
0.9100
0.8250
0.8250
0.8250
0.8250
0.7500
0.7500
0.7500
0.7500
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
The eight funds with the largest weight in ROP among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
ROP stock splits
ROP has split its stock 3 times since 1993. The latest was a 2-for-1 split on 29 Aug 2005.