Roper Technologies, Inc.ROP
NasdaqGS•Technology•Software - Application
Roper Technologies, Inc. designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally. Its Application Software segment offers comprehensive management, diagnostic and laboratory information management, enterprise software and information solutions, K-12 school administration, transportation management, financial and compliance management, cloud-based and integrated payment processing, campus technology and payment, and cloud-based financial analytics, performance management software, and data solutions; cloud-based software for the property and casualty insurance industry; and foodservice technologies. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software and AI-enabled analytics solutions for the life insurance and financial services industries; supply chain software; health care services and software; data analytics and information; pharmacy software solutions; and AI-enabled SaaS providing digital engagement, as well as church management and integrated giving solutions for faith-based organizations. The Technology Enabled Products segment offers ultrasound procedures accessories; dispensers and metering pumps; wireless sensor network and solutions; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic precision measurement systems; RFID card and credential readers; and medical devices. It distributes and sells its products through direct sales offices, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. Roper Technologies, Inc. was incorporated in 1981 and is based in Sarasota, Florida.
Roper Technologies, Inc. (ROP) reported trailing twelve months revenue of $8.12B as of March 2026, a 12.1% increase year-over-year. Quarterly revenue reached $2.10B, reflecting continued top-line momentum.
Roper Technologies, Inc. generated $1.71B in TTM net income, with quarterly EBITDA of $569.60M. The operating margin contracted from 27.9% to 27.2%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (27.2%) and net margin (24.3%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 17.6% a year ago, signaling stronger bottom-line efficiency.
ROP trades at a P/E of 21.4x (in line with broad market averages) and a P/S of 4.5x. The price-to-book ratio of 2.0x reflects a moderate premium to book value.
The company generated $564.60M in free cash flow over the trailing twelve months, a 39.8% increase year-over-year, indicating cash generation ability. The balance sheet shows $34.55B in total assets with $9.75B in long-term debt against $18.82B in stockholders equity for a debt-to-equity ratio of 0.5. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are stable at ~28.1%, suggesting durable pricing power and cost discipline.
ROE is positive at ~8.1% on average, adequate but below the threshold typically associated with wide moats.
Only 5 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
TTM revenue has grown consistently (7 of 7 quarters up), with ~23.4% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~28.1% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.
Debt-to-equity has risen 54.2% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.
Shares decreased 2.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation