Roper Technologies, Inc. Common Stock

ROP INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL Market cap $43.7B Share price × shares outstanding.
$441.65 ▲ +0.80%
+$3.51 on the day · as of 27 Oct 2026
70
S.I.F.T.™ score
Adequate
Rules-based score out of 100 across Safety, Income, Fundamentals and Time. Strong 80+, Adequate 60–79, Caution under 60. A band describes the score, not an action.

S.I.F.T.™ pillars One or more pillars are only adequate.

Safety58
Decent financial position but faces notable competition.
Income75
High cyclicality and lack of recurring revenue are limiting stability.
Fundamentals65
Strong growth but valuation is elevated.
Time85
Shorter track record or weaker tailwinds.
Reality check (rules-based) S.I.F.T. band: Adequate

Strong (80+) · Adequate (60–79) · Caution (<60). A band describes the score, not an action.

ROP has a time in market pillar of 85 and an income stability pillar of 75. The safety pillar is 58 and fundamentals pillar is 65.

Strengths: Time in market score of 85, Income stability score of 75
Risks: Safety score of 58, Fundamentals score of 65

For education and general information only. Not a recommendation to buy, sell, or hold. How the score is calculated

Price History

At its core

Low returns on capital, high debt relative to earnings, steady operating margins and priced above its Graham number. Revenue has grown about 8.2% a year over 10 years; a cash dividend has been paid 23 years in a row.

Rule-based description of the figures below (FY2015–FY2025). Not a recommendation.
As of FY2025, period end 2025-12-31.

Business quality returns, margins, cash

Returns on capital, margins and cash generation, with how steady each has been.

ROE Return on equity: net income ÷ shareholders' equity at year end. Shows how much profit the business earns on the owners' capital. Very high values can come from a small equity base after buybacks. Moderate
7.7%
5-yr avg 12.4%
FY2015FY2025
ROIC Return on invested capital: operating income after tax ÷ (equity + debt − cash). Shows how well the business turns the capital tied up in it into profit. Steady
6.1%
5-yr avg 5.9%
FY2015FY2025
Gross margin Gross profit ÷ revenue. A high, steady gross margin can point to pricing power. Moderate
69.2%
5-yr avg 69.2%
Operating margin Operating income ÷ revenue: what is left from each dollar of sales after running the business, before interest and tax. Steady
28.3%
5-yr avg 27.8%
FY2015FY2025
Free cash flow Operating cash flow − capital expenditure. The cash the business produced after keeping up and growing its assets.
—
not in data file
FY2015FY2025
FCF margin Free cash flow ÷ revenue. Steady
—
not in data file
Owner earnings Owner earnings, simplified (1986 definition): net income + depreciation & amortisation − capital expenditure. Working-capital changes are left out.
—
not in data file
Capital intensity Capital expenditure ÷ revenue. Lower means the business needs less reinvestment in plant and equipment to run and grow. Steady
—
not in data file

Balance sheet strength Cash and Debt Ledger

Net debt / EBITDA (Borrowings − cash and short-term investments) ÷ (operating income + D&A). Roughly how many years of operating earnings would repay net debt. Negative means more cash than debt.
4.0×
Debt / equity Reported borrowings ÷ shareholders' equity.
0.5×
Interest cover Operating income ÷ interest expense: how many times profit covers the interest bill. Graham looked for a wide cover.
6.9×
Current ratio Current assets ÷ current liabilities. Graham's rule of thumb for industrials was 2 or more.
0.5×
Cash & short-term investments Cash, cash equivalents and short-term investments on the latest annual balance sheet (the Cash side of the S.I.F.T. Cash and Debt Ledger).
$297.4M
Borrowings Short- and long-term debt and commercial paper on the latest annual balance sheet (the Debt side of the Cash and Debt Ledger). Leases and other liabilities are excluded.
$9.3B

Graham value price vs fundamentals

P/E Price ÷ earnings per share (trailing four quarters where available, otherwise the last fiscal year). Not shown when earnings are negative.
18.5×
P/B Price ÷ book value per share (equity ÷ shares outstanding).
2.2×
Graham number Benjamin Graham's ceiling for a defensive investor: √(22.5 × EPS × book value per share), i.e. P/E 15 × P/B 1.5. Undefined when EPS or book value is negative.
$328.74
Graham margin of safety (Graham number − price) ÷ Graham number. Positive: price is below the Graham number. Negative: price is above it.
-34.3%
Earnings yield EPS ÷ price, the inverse of P/E. Graham compared it with the yield on high-grade bonds.
5.4%
vs 10-yr Treasury 4.96%
10-yr Treasury yield US 10-year Treasury yield on 2026-10-22, for comparison with the earnings yield.
5.0%
Dividend yield Cash dividends per share with ex-dates in the last 12 months ÷ price.
0.8%
Payout ratio Dividends paid ÷ net income for the last fiscal year.
23.1%
Dividend record Consecutive calendar years with a cash dividend in the dividend file (file starts 2004). Graham asked for an unbroken record.
23 yrs

Track record 11 fiscal years on file

Revenue CAGR Compound annual growth in revenue from the first to the last fiscal year shown.
8.2%
FY2015–FY2025
FY2015FY2025
EPS CAGR Compound annual growth in diluted EPS (net income ÷ diluted shares). Not defined when the start or end year is a loss.
7.6%
FY2015–FY2025
FY2015FY2025
FCF CAGR Compound annual growth in free cash flow. Not defined when the start or end year is negative.
15.7%
FY2015–FY2018
FY2015FY2025
Share count change Change in diluted weighted share count. Negative = fewer shares (buybacks); positive = dilution.
6.5%
FY2015–FY2025 · dilution
FY2015FY2025

Source: SEC filings as reported (XBRL) and market data. Figures are not restated for acquisitions or one-off items; share counts are adjusted for detected splits. “—” means the figure is not in the data file, never a zero. For education and general information only. Not a recommendation to buy, sell, or hold. How the score is calculated

The business

Roper Technologies is a holding company that reinvests cash flows from its portfolio companies into further acquisitions. The firm's operations are decentralized, while the capital allocation decisions are made at the top corporate level. As of early 2026, Roper has amassed a portfolio of nearly 30 businesses, with over three-fourths of the revenue attributable to software solutions. The firm shops for acquisitions from owner-operators, corporate carve-outs, and private equity firms, with private equity firms as the most common source for its large "platform" acquisitions.

Recent quarters three-month figures

QuarterPeriod endRevenueGross profitOperating incomeNet incomeEPS (diluted)
Q2 FY2026 2026-06-30 $2.1B$1.5B$584.7M$1.2B$11.39
Q1 FY2026 2026-03-31 $2.1B$1.5B$569.6M$508.9M$4.87
Q4 FY2025 2025-12-31 $2.1B$1.4B$588.3M$428.4M$3.96
Q3 FY2025 2025-09-30 $2.0B$1.4B$573.0M$398.5M$3.68
Q2 FY2025 2025-06-30 $1.9B$1.3B$548.3M$378.3M$3.49
Q1 FY2025 2025-03-31 $1.9B$1.3B$525.8M$331.1M$3.06
Q4 FY2024 2024-12-31 $1.9B$1.3B$524.7M$462.3M$4.28
Q3 FY2024 2024-09-30 $1.8B$1.2B$496.6M$367.9M$3.41

Quarter figures are derived from year-to-date filings (Q4 = full year − nine months). EPS = net income ÷ diluted shares for the period. — = not in data file.

Annual figures fiscal years, newest first

YearRevenueGross profitOperating incomeNet incomeEPS (diluted)Free cash flowEquityBorrowings
FY2025 $7.9B$5.5B$2.2B$1.5B$14.20—$19.9B$9.3B
FY2024 $7.0B$4.9B$2.0B$1.5B$14.35—$18.9B$7.6B
FY2023 $6.2B$4.3B$1.7B$1.4B$12.89—$17.4B$6.3B
FY2022 $5.4B$3.8B$1.5B$4.5B$42.55—$16.0B$6.7B
FY2021 $5.8B$3.9B$1.5B$1.2B$10.82—$11.6B$7.9B
FY2020 $5.5B$3.5B$1.4B$949.7M$8.98—$10.5B$9.6B
FY2019 $5.4B$3.4B$1.5B$1.8B$16.82—$9.5B$5.3B
FY2018 $5.2B$3.3B$1.4B$944.4M$9.05$1.4B$7.7B$4.9B
FY2017 $4.6B$2.9B$1.2B$971.8M$9.39$1.2B$6.9B$5.2B
FY2016 $3.8B$2.3B$1.1B$658.6M$6.43$926.5M$5.8B$6.2B
FY2015 $3.6B$2.2B$1.0B$696.1M$6.85$892.6M$5.3B$3.3B

As reported in each year's 10-K. Free cash flow = operating cash flow − capital expenditure. — = not in data file.