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Roper Technologies (ROP) stock

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NASDAQ: ROP Nasdaq Electronic Equipment & Instruments Next results ~January 26, 2027

B+ Fundamentals grade

Roper Technologies is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$390

Cash-flow model

Base case. Range ~$270–$540 across our lower- and higher-growth cases (5.6%–15.6% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 24% above our base value.

Price used: $479.54, November 2, 2026

Roper Technologies valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Roper Technologies files

10-Q filed November 2: Roper Technologies

Rating: Buy to Hold Model value −38.9%

Revenue for the twelve months to September 2026 was $8.43bn, up 9.2% on a year earlier, slower than the 10.9% growth a quarter earlier. Free-cash-flow margin fell to 19.7% from 21.4% a year earlier. The diluted share count is down 4.8% on a year earlier, which lifts each remaining share. Its fundamentals grade moves from B to B+. Our model value falls from $636 to $388 a share, against a share price of $480. The rating changes from Buy to Hold. At that price, our model says the market is pricing in about 12.8% a year of cash-flow growth for five years, close to the 11.8% a year revenue growth it has delivered.

Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Roper Technologies stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $8.28bn, up 10.9% on a year earlier, slower than 12.1% a quarter earlier. Free-cash-flow margin held at 32.2%. The diluted share count is down 2.6% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 3 of our 7 financial-health checks. Our cash-flow model value is $620 a share, against a share price of $393. At that price, our model says the market is pricing in about 5.3% a year of cash-flow growth for five years, slower than the 11.4% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 26, 2027 (estimated)

Roper Technologies's trailing-twelve-month revenue grew 9.2% year on year, with a free-cash-flow margin of 19.7%. Where it stands out: gross margin of 69.7% ranks 1 of 48 electronic equipment & instruments companies we cover.

Our discounted-cash-flow model values the business at ~$390 per share in the base case (~$270–$540 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 0.3% while net income grew 65.0%: a 65pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 28.0% of revenue is left as operating profit, against a median of -7.3% for electronic equipment & instruments companies we cover.
  • Shrinking share count. Diluted shares fell 4.8% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Weak cash conversion. Free cash flow was 64% of net income over the last 12 months.

Latest results: FY2026 Q3

Filed November 2, 2026
Earnings per share
$5.89 against an average estimate of $5.79: beat by 1.7%
Revenue
$2.17bn, up 7.6% on a year earlier
Share reaction
+10.2% in the first session after the results on October 22, 2026, against -1.7% for the S&P 500
Guidance given
adjusted DEPS $22.35 to $22.4 (full year 2026); adjusted DEPS $5.95 to $6 (the fourth quarter of 2026)
Next report
October 22, 2026; average EPS estimate $5.97

Roper Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.8%
  • 1 week+8.6%
  • 1 month+35.3%
  • This year+8.8%
  • 1 year+8.5%
  • 5 years+3.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$8.4B
Operating margin
28.0%
Net margin
30.7%
EPS (TTM, diluted)
$25.13

Growth

Revenue growth
+9.2%
Change in growth rate
−1.6 pts
Share count change
−4.8%

Cash

Free cash flow (TTM)
$1.7B
FCF margin
19.7%
Stock pay % of revenue
2.4%

Earnings

Last results
October 22, 2026
Next results (est.)
January 26, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Insider trade
  3. Results
  4. Guidance
  5. Leadership
  6. Insider trade
  7. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Roper Technologies valuation models and calculator

What the price is pricing in

The share price implies about 12.5% a year of cash-flow growth for five years.That is close to the 11.8% a year revenue growth Roper Technologies has delivered.

  • Priced in12.5%
  • Last 12 months9.2%
  • 3 years a year12.1%
  • 5 years a year11.8%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($469.97, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$390
Price used
$469.97close November 3, 2026
Implied change
▼ 17%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Roper Technologies's free cash flow after stock-based pay with after-tax interest added back ($1.9B, FY2026 Q3 TTM), growing 7.7% and 9.1% in the next two years (forecasts, guidance and its record), then back to 10.6% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$270–~$540 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Roper Technologies's free cash flow after stock-based pay ( $1.9B, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Roper Technologies as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.96 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$390 ~$270–$540 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$450 ~$350–$690 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$240 ~$170–$350 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$250 ~$210–$290 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$340 ~$240–$450 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Roper Technologies with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −30%
  • Revenue growth 5 points higher ▲ +40%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▼ −8%
  • Discount rate 1 point higher ▼ −19%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $176$273$402$571$792$1077
8.5% $113$183$276$397$554$757
10% $74$129$200$293$412$566

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$177.19$172.08$245.02$253.63$339.02$414.92$475.87$420.47$533.68$511.72$440.87$479.54
Market value$18.0bn$17.6bn$25.4bn$26.5bn$35.6bn$43.9bn$50.7bn$44.9bn$57.3bn$55.3bn$47.7bn$49.4bn
+ Net debt (− = net cash)$2.5bn$5.5bn$4.5bn$4.6bn$4.6bn$9.3bn$7.6bn$5.9bn$6.1bn$7.5bn$9.1bn$9.4bn
Enterprise value$20.5bn$23.1bn$29.9bn$31.1bn$40.2bn$53.2bn$58.3bn$50.8bn$63.5bn$62.7bn$56.8bn$58.8bn
Multiples
Price / sales 5.0x4.7x5.5x5.1x7.5x10.9x10.5x8.4x9.3x7.9x6.0x5.9x
Price / earnings 25.9x26.8x26.1x28.0x20.2x46.2x44.0x9.9x41.4x35.7x31.1x19.1x
Price / free cash flow 20.2x19.0x21.4x19.2x24.4x28.8x25.2x61.1x28.2x23.1x18.8x18.9x
EV / EBITDA 16.6x17.8x19.2x17.6x23.2x33.8x31.4x23.4x25.4x22.3x18.1x18.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

78 /100

Strong moat

How hard Roper Technologies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Net income has been a median 5.7% of total assets over 10 years.

  • Pricing power 19 / 20

    Gross margin has been a median 69.3%, moving by 3.1 percentage points (standard deviation) across 10 years.

  • Durability 19 / 20

    Operating margin has been a median 27.4%; its worst year was 26.2%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 21.7% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 3.0% over five years; stock-based pay has been a median 2.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (83 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $22.38 +12% $8.6bn +8%
Next $24.57 +10% $9.1bn +6%

Next year's EPS estimate has moved +1.3% in 90 days, across 18 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.7% on 90 days ago. In the last 30 days, 14 analysts raised Roper Technologies's forecast and 0 cut it.

Consensus EPS forecast Roper Technologies, last 90 days
$22.00 $23.00 $24.00 $25.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $22.22 Current fiscal year, 60 days ago: $22.22 Current fiscal year, 30 days ago: $22.22 Current fiscal year, 7 days ago: $22.22 Current fiscal year, Now: $22.38 $22.38 Next fiscal year, 90 days ago: $24.26 Next fiscal year, 60 days ago: $24.30 Next fiscal year, 30 days ago: $24.38 Next fiscal year, 7 days ago: $24.38 Next fiscal year, Now: $24.57 $24.57

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $22.22$24.26
60 days ago $22.22$24.30
30 days ago $22.22$24.38
7 days ago $22.22$24.38
Now $22.38$24.57

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $5.79 $5.89 +1.7%
Jun 2026 $5.29 $5.38 +1.8%
Mar 2026 $4.99 $5.16 +3.5%
Dec 2025 $5.14 $5.21 +1.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 22, 2026
  • adjusted DEPS full year 2026 $22.35 to $22.40 Non-GAAP Raised
    “Roper now expects full year 2026 adjusted DEPS of $22.35 - $22.40, compared to previous guidance of $22.15 - $22.30.” source
  • adjusted DEPS the fourth quarter of 2026 $5.95 to $6.00 Non-GAAP
    “For the fourth quarter of 2026, the Company expects adjusted DEPS of $5.95 - $6.00.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Roper Technologies's revenue by +7.7% next year and +9.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.4%, weight 69%) and the company's own record (+10.6%, weight 31%) . How the weights are set.

Analyst recommendations

19 analysts, Oct 2026
Buy737%
Hold1158%
Sell15%

Monthly trend

  1. Oct 202671119
  2. Sep 202671019
  3. Aug 202671020
  4. Jul 202661120

Counts of recommendations published by analysts covering Roper Technologies, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.7%
of tradable shares
Days to cover
5.68
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.4%
of shares
Employees
19,400
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +8.5%

$441.88 on October 31, 2025 to $479.54

ThenNowEffect
Revenue (last 12 months) $7.5bn $8.3bn +10.9%
Net margin 20.6% 30.2% +46.7%
P/E multiple 31.1x 20.2x −35.0%
Share count 108m 105m +2.7%

Biggest factor: p/e multiple.

Last 3 years −2.5%

$491.95 on November 3, 2023 to $479.54

ThenNowEffect
Revenue (last 12 months) $5.8bn $8.3bn +43.2%
Net margin 5.0% 30.2% +509.1%
P/E multiple 183.4x 20.2x −89.0%
Share count 107m 105m +1.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ROP+15%−12%+27%−4%−14%+9%
Industry peers (median)−3%−38%+13%+2%−5%−21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ROP58%42%75%58%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ROP−15%−27%−7%−11%−26%−29%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 47% from March 5, 2025 to February 17, 2026. Getting back needed a 87% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$313.15 – $479.54
From 52-week high
0.0%
vs 50-day average
+22.0%
vs 200-day average
+31.9%
Volatility (1 year)
31%
Beta vs S&P 500
-0.09

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±5.4%
After a week
5 up, 7 down
typical move ±7.0%
After a month
4 up, 7 down
typical move ±7.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 22, 2026 +10.2% −1.7% +13.1% —
July 23, 2026 +9.1% −1.1% +15.6% +22.3%
April 23, 2026 −3.1% +0.4% −2.7% −10.4%
January 27, 2026 −11.8% +0.4% −14.6% −13.8%
October 23, 2025 −5.9% +1.4% −12.9% −12.8%
July 21, 2025 +3.5% +0.2% +2.6% −2.2%
April 28, 2025 −0.3% +0.7% +2.4% +2.0%
January 30, 2025 +6.0% 0.0% +7.4% +7.9%
October 23, 2024 −1.8% −0.7% −0.9% +0.4%
July 24, 2024 −5.8% −2.8% −5.1% −4.9%
April 26, 2024 −5.0% +1.3% −4.3% −1.4%
January 31, 2024 −2.8% −0.3% −2.3% −2.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Roper Technologies’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Options look fairly priced

Implied volatility is within its normal range against realised. Selling options earns the usual premium, nothing extra.

  • Implied is 1.15× the last 60 days’ realised volatility , richer than 44% of the 229 stocks we screen today.
  • Why: implied is not far enough above realised, or not unusual against our coverage.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

ROP Roper Technologies Grade B+ $479.09

Own 100 shares, sell the $490 call expiring December 18, 2026 (46 days) for $15.10 a share — $1,510 per contract.

Previous session · Bid $15.10, ask $20.00, quoted Mon 2 Nov, 17:35 New York time with ROP at $479.09. Option prices move with the shares: check the live chain at your broker before trading.

  • If ROP ends below $490: you keep your shares and the $1,510 — 3.1% extra on the position, 25.0% a year at that pace.
  • If it ends above $490: your shares are sold at $490, a total return of 5.4% including the premium — at or above our value of ~$380.
$2.6k $0 −$9.3k Our value $380 Break-even $463.99 Price $479.09
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$1,510
Annualised
25.0%
Break-even
$463.99
Max gain
$2,601.04
Chance of selling
~47%

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Roper Technologies in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Roper Technologies
$6B $7B $8B $9B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $6.2B Revenue (TTM), FY24 Q1: $6.4B Revenue (TTM), FY24 Q2: $6.6B Revenue (TTM), FY24 Q3: $6.8B Revenue (TTM), FY24 Q4: $7B Revenue (TTM), FY25 Q1: $7.2B Revenue (TTM), FY25 Q2: $7.5B Revenue (TTM), FY25 Q3: $7.7B Revenue (TTM), FY25 Q4: $7.9B Revenue (TTM), FY26 Q1: $8.1B Revenue (TTM), FY26 Q2: $8.3B Revenue (TTM), FY26 Q3: $8.4B $8.4B

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $6.2B
FY24 Q1 $6.4B
FY24 Q2 $6.6B
FY24 Q3 $6.8B
FY24 Q4 $7B
FY25 Q1 $7.2B
FY25 Q2 $7.5B
FY25 Q3 $7.7B
FY25 Q4 $7.9B
FY26 Q1 $8.1B
FY26 Q2 $8.3B
FY26 Q3 $8.4B
Revenue growth, TTM YoY Roper Technologies
8% 10% 12% 14% 16% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 15.0% Revenue growth, TTM YoY, FY24 Q1: 14.9% Revenue growth, TTM YoY, FY24 Q2: 13.7% Revenue growth, TTM YoY, FY24 Q3: 13.0% Revenue growth, TTM YoY, FY24 Q4: 13.9% Revenue growth, TTM YoY, FY25 Q1: 13.3% Revenue growth, TTM YoY, FY25 Q2: 13.6% Revenue growth, TTM YoY, FY25 Q3: 14.0% Revenue growth, TTM YoY, FY25 Q4: 12.3% Revenue growth, TTM YoY, FY26 Q1: 12.1% Revenue growth, TTM YoY, FY26 Q2: 10.9% Revenue growth, TTM YoY, FY26 Q3: 9.2% 9.2%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 15.0%
FY24 Q1 14.9%
FY24 Q2 13.7%
FY24 Q3 13.0%
FY24 Q4 13.9%
FY25 Q1 13.3%
FY25 Q2 13.6%
FY25 Q3 14.0%
FY25 Q4 12.3%
FY26 Q1 12.1%
FY26 Q2 10.9%
FY26 Q3 9.2%
Operating margin (TTM) Roper Technologies
27.8% 28% 28.2% 28.4% 28.6% 28.8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 28.2% Operating margin (TTM), FY24 Q1: 28.6% Operating margin (TTM), FY24 Q2: 28.7% Operating margin (TTM), FY24 Q3: 28.6% Operating margin (TTM), FY24 Q4: 28.4% Operating margin (TTM), FY25 Q1: 28.2% Operating margin (TTM), FY25 Q2: 28.1% Operating margin (TTM), FY25 Q3: 28.1% Operating margin (TTM), FY25 Q4: 28.3% Operating margin (TTM), FY26 Q1: 28.1% Operating margin (TTM), FY26 Q2: 28.0% Operating margin (TTM), FY26 Q3: 28.0% 28.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 28.2%
FY24 Q1 28.6%
FY24 Q2 28.7%
FY24 Q3 28.6%
FY24 Q4 28.4%
FY25 Q1 28.2%
FY25 Q2 28.1%
FY25 Q3 28.1%
FY25 Q4 28.3%
FY26 Q1 28.1%
FY26 Q2 28.0%
FY26 Q3 28.0%
FCF margin (TTM) Roper Technologies
19% 20% 21% 22% 23% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 20.1% FCF margin (TTM), FY24 Q1: 20.5% FCF margin (TTM), FY24 Q2: 20.8% FCF margin (TTM), FY24 Q3: 22.0% FCF margin (TTM), FY24 Q4: 21.8% FCF margin (TTM), FY25 Q1: 21.1% FCF margin (TTM), FY25 Q2: 20.7% FCF margin (TTM), FY25 Q3: 21.4% FCF margin (TTM), FY25 Q4: 20.1% FCF margin (TTM), FY26 Q1: 20.3% FCF margin (TTM), FY26 Q2: 20.6% FCF margin (TTM), FY26 Q3: 19.7% 19.7%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 20.1%
FY24 Q1 20.5%
FY24 Q2 20.8%
FY24 Q3 22.0%
FY24 Q4 21.8%
FY25 Q1 21.1%
FY25 Q2 20.7%
FY25 Q3 21.4%
FY25 Q4 20.1%
FY26 Q1 20.3%
FY26 Q2 20.6%
FY26 Q3 19.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 2,050 2,386 2,797 2,993 3,238 3,549 3,582 3,790 4,608 5,191 4,728 4,022 4,834 5,372 6,178 7,039 7,903 8,435
Gross profit 1,043 1,275 1,516 1,672 1,883 2,102 2,165 2,332 2,865 3,280 3,140 2,828 3,408 3,753 4,307 4,878 5,472 5,877
EBITDA 430 637 801 912 1,032 1,197 1,232 1,295 1,555 1,763 1,737 1,575 1,857 2,175 2,500 2,810 3,134 3,265
Operating income 395 514 661 758 842 999 1,028 1,055 1,210 1,396 1,328 1,083 1,241 1,525 1,745 1,997 2,235 2,366
Net income 239 323 427 483 538 646 696 659 972 944 1,768 950 1,153 4,545 1,384 1,549 1,536 2,591
Diluted EPS $2.58 $3.34 $4.34 $4.86 $5.37 $6.40 $6.85 $6.43 $9.39 $9.05 $16.82 $8.98 $10.82 $42.55 $12.89 $14.35 $14.20 $25.13
Growth (year on year)
Revenue −11.1% +16.4% +17.2% +7.0% +8.2% +9.6% +0.9% +5.8% +21.6% +12.7% −8.9% −14.9% +20.2% +11.1% +15.0% +13.9% +12.3% +9.2%
EBITDA −17.4% +48.4% +25.6% +13.9% +13.1% +16.0% +3.0% +5.1% +20.1% +13.4% −1.5% −9.4% +17.9% +17.1% +15.0% +12.4% +11.5% +9.3%
Operating income −18.7% +30.1% +28.4% +14.7% +11.2% +18.7% +2.8% +2.6% +14.8% +15.4% −4.9% −18.5% +14.6% +22.8% +14.5% +14.4% +11.9% +8.9%
Net income −15.0% +34.7% +32.4% +13.1% +11.4% +20.0% +7.7% −5.4% +47.6% −2.8% +87.2% −46.3% +21.4% +294.3% −69.5% +11.9% −0.8% +65.0%
Diluted EPS −14.3% +29.5% +29.9% +12.0% +10.5% +19.2% +7.0% −6.1% +46.0% −3.6% +85.9% −46.6% +20.5% +293.3% −69.7% +11.3% −1.0% +73.3%
Margins
Gross margin 50.9% 53.4% 54.2% 55.8% 58.1% 59.2% 60.4% 61.5% 62.2% 63.2% 66.4% 70.3% 70.5% 69.9% 69.7% 69.3% 69.2% 69.7%
EBITDA margin 21.0% 26.7% 28.6% 30.5% 31.9% 33.7% 34.4% 34.2% 33.8% 34.0% 36.7% 39.1% 38.4% 40.5% 40.5% 39.9% 39.7% 38.7%
Operating margin 19.3% 21.6% 23.6% 25.3% 26.0% 28.2% 28.7% 27.8% 26.3% 26.9% 28.1% 26.9% 25.7% 28.4% 28.2% 28.4% 28.3% 28.0%
Net margin 11.7% 13.5% 15.3% 16.1% 16.6% 18.2% 19.4% 17.4% 21.1% 18.2% 37.4% 23.6% 23.8% 84.6% 22.4% 22.0% 19.4% 30.7%
Free-cash-flow margin 16.7% 19.7% 20.1% 21.4% 23.5% 22.6% 24.9% 24.4% 25.7% 26.6% 30.9% 37.9% 41.6% 13.7% 32.9% 34.0% 32.1% 31.1%
Cash flow
Cash from operations 367 500 602 678 803 840 929 964 1,235 1,430 1,462 1,525 2,012 735 2,035 2,393 2,540 2,620
Capital spending 26 29 41 38 43 38 36 37 49 49 0 0 0 0 0 0 0 0
Free cash flow 342 471 561 639 760 803 893 927 1,186 1,381 1,462 1,525 2,012 735 2,035 2,393 2,540 2,620
Stock-based pay 27 25 32 41 53 63 62 79 83 134 101 108 123 119 124 146 166 202
Free cash flow after stock pay 314 446 529 599 707 740 831 848 1,103 1,247 1,361 1,417 1,889 616 1,912 2,247 2,374 2,419
Balance sheet
Cash 168 270 338 371 460 610 779 757 671 364 710 308 352 793 214 188 297 311
Total debt 1,154 1,341 1,085 2,022 2,465 2,201 3,289 6,233 5,173 4,968 5,308 9,626 7,970 6,700 6,360 7,669 9,356 9,720
Net debt (negative = net cash) 986 1,071 747 1,652 2,005 1,591 2,510 5,476 4,502 4,604 4,598 9,318 7,619 5,908 6,146 7,481 9,059 9,409
Diluted shares 93m 97m 98m 100m 100m 101m 102m 103m 104m 104m 105m 106m 107m 107m 107m 108m 108m 103m
Returned to shareholders
Dividends 30 36 42 70 49 80 100 121 143 170 192 214 236 262 290 322 355 370
Buybacks — — — — — — — — — — — — — — 0 0 500 3,227
Total returned 30 36 42 70 49 80 100 121 143 170 192 214 236 262 290 322 855 3,597

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · September 30, 2026
What it owns · $34.3bn
Short-term assets $1.9bnLonger-term assets $32.4bn
What it owes, and who funded it · $34.3bn
Short-term liabilities $4.6bnLonger-term liabilities $10.6bnShareholders' equity $19.2bn
  • Short-term assets cover short-term liabilities $1.9bn of assets due within a year against $4.6bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.9bn short-term assets against $10.6bn of longer-dated liabilities.
  • More cash than debt $311m of cash against $9.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 51% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 49% to 51% over five years.
  • A year's operating cash flow covers at least 20% of debt $2.6bn of operating cash flow against $9.7bn of debt.
  • Operating profit covers interest at least five times over Operating income of $2.4bn against $411m of interest.

From Roper Technologies's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$3.2B
Dividends (TTM)
$370M
Returned to shareholders
217%
of free cash flow
Buybacks, last 3 fiscal years
$500M
Diluted share count
−4.8%
year over year
Total shareholder yield
7.6%
dividends 0.8% + buybacks 6.8% of market value
Dividend payout ratio
14%
of net income paid out
Sales & admin spending
41.6%
of revenue
Days sales outstanding
42 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated ROP KEYS TDY ZBRA VNT ITRI Median
Revenue, last 12 months $8.4bn $6.6bn $6.5bn $5.8bn $3.1bn $2.3bn $104m
Revenue growth, last 12 months 9.2% 25.5% 8.6% 12.7% 0.9% −3.6% 9.8%
Revenue growth, 3-year average 12.1% 5.6% 5.0% 2.1% −1.4% 4.0% 7.2%
Revenue growth, latest quarter 7.6% 36.5% 9.4% 20.4% −2.2% 3.0% 16.5%
Gross margin 69.7% 64.7% 43.6% 49.6% 45.5% 40.7% 38.5%
Operating margin 28.0% 20.3% 20.0% 14.7% 18.8% 13.7% −7.3%
Operating margin, 3-year average 28.2% 18.5% 18.6% 13.0% 18.3% 12.2% −5.1%
Net margin 30.7% 19.1% 15.8% 9.2% 11.3% 12.1% −5.3%
Cash from operations / revenue 31.1% 24.4% 19.6% 16.7% 15.1% 17.0% −1.6%
Free-cash-flow margin 19.7% 22.3% 17.6% 15.5% 12.5% 15.8% −2.5%
Free-cash-flow margin, 3-year average 21.0% 22.5% 17.2% 14.0% 12.8% 12.5% 3.7%
Stock pay / revenue 2.4% 3.3% 0.5% 3.0% 1.0% 2.5% 3.0%
Change in share count −4.8% −0.4% −0.8% −3.7% −4.6% −2.5% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 9.2% 9.8% 28 of 53
Change in growth rate Growth -1.6pp +2.3pp 36 of 53
Gross margin Profitability 69.7% 39.7% 1 of 48
Operating margin Profitability 28.0% -7.3% 1 of 53
Net margin Profitability 30.7% -5.3% 1 of 53
Free-cash-flow margin Cash generation 19.7% -2.1% 4 of 52
Stock pay as % of revenue Cash generation 2.4% 3.0% 20 of 49
Long-term debt as % of assets Balance sheet 24.2% 15.2% 22 of 31
Change in share count Balance sheet -4.8% 1.9% 2 of 46
Days sales outstanding Balance sheet 42 days 68 days 7 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Application Software $4.5B 56.7% ▲ 15.9%
Technology Enabled Products $1.8B 23.0% ▲ 7.3%
Network Software and Systems $1.6B 20.3% ▲ 8.5%
Products and services
Line of business Revenue Share YoY
Software Related $6.1B 77.6% ▲ 14.2%
Software Related Recurring $4.5B 73.1% ▲ 12.7%
Software Related Reoccurring $833M 13.6% ▲ 33.5%
Software Related Non Recurring $814M 13.3% ▲ 5.8%
Product Revenue $1.8B 22.4% ▲ 6.2%
Geography
Region Revenue Share YoY
United States $6.9B 87.0% ▲ 13.4%
Europe $541M 6.9% ▲ 9.4%
Canada $292M 3.7% ▲ 1.2%
Rest of World $126M 1.6% ▲ 6.0%
Asia $71.1M 0.9% ▼ 4.0%

From Roper Technologies's 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$34.6B
Institutions reporting
1,072
Shares held vs prior quarter
▲ 2.6%
Positions opened / closed
78 / 149

Top buyers and sellers, Q2 2026: 396 institutions bought and 672 sold ; the biggest buyer was Dodge & Cox (+3.7M shares) and the biggest seller AQR Capital Management LLC (−780K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $3.3B 9.9M 9.7% ▲ 4.3%
Windacre Partnership LLC $2.9B 8.6M 8.4% ▲ 15.1%
Dodge & Cox $2.4B 7.1M 6.9% ▲ 111.2%
Vanguard Capital Management LLC $2.2B 6.6M 6.5% ▼ 3.2%
Vanguard Portfolio Management LLC $1.9B 5.7M 5.6% ▼ 1.1%
State Street Corp $1.7B 5.2M 5.0% ▲ 0.4%
Invesco Ltd. $1.4B 4.3M 4.2% ▼ 1.9%
Geode Capital Management, LLC $1.1B 3.1M 3.0% ▲ 11.3%
Wellington Management Group LLP $890M 2.6M 2.6% ▼ 1.3%
Norges Bank $702M 2.1M 2.0% —
Harris Associates L P $668M 2.0M 1.9% ▲ 14.2%
Arrowstreet Capital, Limited Partnership $639M 1.9M 1.8% ▲ 40.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Roper Technologies's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $5.6M 4 trades by 3 insiders, last 12 months Insider sales History → $25.9M 14 trades by 4 insiders · 52% under pre-set plans
Net ▼ $20.3M net selling
Insider Date Trade Shares Price Value
Stipancich John K EVP, Chief Legal Officer & Sec October 26, 2026 Sell 3,500 $449.04 $1.6M
Conley Jason EVP, Chief Financial Officer October 23, 2026 Sell 1,469 $436.01 $640,499
Conley Jason EVP, Chief Financial Officer October 23, 2026 Sell 10,105 $435.53 $4.4M
Conley Jason EVP, Chief Financial Officer October 23, 2026 Sell 426 $433.86 $184,824
Stipancich John K EVP, Chief Legal Officer & Sec July 27, 2026 Sell 2,000 $379.05 $758,100
Wallman Richard F Director July 24, 2026 Sell 6,434 $361.00 $2.3M
Joyce Thomas Patrick Jr Director February 6, 2026 Buy 1,400 $358.46 $501,844
Conley Jason EVP, Chief Financial Officer December 1, 2025 Sell 6,000 $445.56 $2.7M
Hunn Laurence Neil President and CEO November 12, 2025 Buy 2,000 $451.57 $903,150
Hunn Laurence Neil President and CEO November 12, 2025 Buy 8,000 $452.39 $3.6M
Brinkley Amy Woods Director November 12, 2025 Buy 1,200 $450.71 $540,856
Hunn Laurence Neil President and CEO November 11, 2025 Sell pre-set plan 361 $448.40 $161,872

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 65 trades and filings

In the last 12 months, 2 members of Congress disclosed 1 purchase and 6 sales of Roper Technologies shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded May 15, 2026, filed June 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded March 13, 2026, filed April 7, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 26, 2027 estimated from the company's past filing pattern, not announced

  • October 22, 2026
  • July 23, 2026
  • April 23, 2026
  • January 27, 2026
  • October 23, 2025
  • July 21, 2025

Recent SEC filings

Data status

When each part of this page on Roper Technologies was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Roper Technologies in brief

What does Roper Technologies do?
Roper Technologies is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Roper Technologies's stock ticker?
Roper Technologies trades under the ticker ROP on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Roper Technologies's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Roper Technologies reported revenue of $8.4B, 9.2% higher than a year earlier, according to its SEC filings.
What is Roper Technologies's free cash flow?
Roper Technologies's free-cash-flow margin is 19.7% of revenue over the trailing twelve months, ranking 4 of the 52 electronic equipment & instruments companies we cover.
What is Roper Technologies's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Roper Technologies's free cash flow after stock-based pay gives ~$390 per share in the base case, and ~$270–$540 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Roper Technologies's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Windacre Partnership LLC and Dodge & Cox. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Roper Technologies buying back stock, and does it pay a dividend?
Roper Technologies spent $3.2B on share repurchases over the trailing twelve months, and its diluted share count fell 4.8% over the year.
What is Roper Technologies's market cap?
On November 2, 2026, Roper Technologies's market capitalisation was about $49.4B, with a price-to-earnings ratio of 19.1 and net debt of $9.4B. Market figures come from third-party market data and may be delayed.
Does Roper Technologies pay a dividend?
Yes: Roper Technologies paid $370M in dividends over the trailing twelve months, a dividend yield of 0.78% and a payout ratio of 14.3%.
How much debt does Roper Technologies have?
Roper Technologies's debt-to-equity ratio is 50.7%, from its latest balance sheet (49.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Roper Technologies's competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Roper Technologies are Keysight Technologies, Teledyne Technologies, Zebra Technologies, Vontier Corp and Itron, Inc. The side-by-side comparison below sets their revenue, margins and growth against Roper Technologies's.
Are insiders buying or selling Roper Technologies stock?
Over the last 12 months, Roper Technologies's directors and officers reported 4 open-market purchases and 14 sales on Form 4. The insider trading page charts every trade.
When is Roper Technologies's next earnings date?
Around January 26, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Roper Technologies announces its own schedule.