Latest revenue
$2.10B
as of 2026-03-31
Latest net income
$508.9M
as of 2026-03-31
Net margin
24.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $32.99B
- Enterprise value
- $43.08B
- P/E (trailing)
- 21.5×
- Forward P/E
- —
- P/B
- 1.75×
- Dividend yield
- 1.1%
- 52-wk high
- $576.55
- 52-wk low
- $305.96
- Beta
- —
- Shares out
- 100.9M
5-year trend
What this company does
Roper Technologies operates a portfolio of vertical-market software and technology businesses serving niches like healthcare, legal, insurance, and freight, plus specialty engineered products. It generates revenue primarily through subscription and license software sales across its Application Software, Network Software, and Technology Enabled Products segments, with deferred revenue of $1.8 billion signaling a recurring-revenue base. Q1 2026 revenue grew 11% to $2.10 billion and the company deployed $1.5 billion on share repurchases while taking on $1.15 billion in revolver borrowings, marking an aggressive shift toward returning capital alongside its acquisition strategy.
Generated from ROP's filing dated 2026-02-24
Key risks
- Goodwill/intangibles total $30.9B vs. $18.8B equity—any acquired-business impairment would materially impair book value.
- Leverage rising: long-term debt jumped to $9.75B from $8.60B, with $1.15B revolver draw funding $1.5B Q1 buyback.
- Interest expense surged 58% YoY to $99.3M; further rate or borrowing increases would compress earnings growth.
Generated from ROP's filing dated 2026-02-24
Profitability
Gross margin
69.2%
0.1%Operating margin
28.3%
0.3%Net margin
19.4%
11.7%Return on equity
8.1%
0.8%Return on assets
4.4%
10.1%Leverage
Debt / equity
0.83×
26.0%Long-term debt / equity
0.46×
30.6%Debt / assets
45.4%
14.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.10B | +11.3% | $508.9M | +53.7% | 24.3% |
Q4 2025 2025-12-31 | $2.06B | +9.7% | $428.4M | -7.3% | 20.8% |
Q3 2025 2025-09-30 | $2.02B | +14.3% | $398.5M | +8.3% | 19.8% |
Q2 2025 2025-06-30 | $1.94B | +13.2% | $378.3M | +12.2% | 19.5% |
Q1 2025 2025-03-31 | $1.88B | +12.0% | $331.1M | -13.3% | 17.6% |
Q4 2024 2024-12-31 | $1.88B | — | $462.3M | — | 24.6% |
Q3 2024 2024-09-30 | $1.76B | +12.9% | $367.9M | +6.0% | 20.8% |
Q2 2024 2024-06-30 | $1.72B | +12.1% | $337.1M | -7.6% | 19.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Industrial Instruments For Measurement, Display, and Control · SIC 3823
Your notes
Keep private notes on ROP — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$5.6M
Insider selling
$17.2M
Net activity
−$11.7M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns ROP
Institutional value
$12.03B
Total shares held
35.0M
Distinct holders
747
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.8M | $2.41B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.8M | $2.06B | — | New |
| 3 | Invesco Ltd. | 2.2M | $776.5M | — | New |
| 4 | FLOSSBACH VON STORCH SE | 1.3M | $447.1M | — | New |
| 5 | PRINCIPAL FINANCIAL GROUP INC | 1.2M | $409.0M | — | New |
| 6 | Legal & General Group Plc | 676.8K | $239.5M | — | New |
| 7 | Bank of New York Mellon Corp | 661.0K | $233.9M | — | New |
| 8 | VANGUARD FIDUCIARY TRUST CO | 597.2K | $211.3M | — | New |
| 9 | ProShare Advisors LLC | 574.5K | $203.3M | — | New |
| 10 | DIMENSIONAL FUND ADVISORS LP | 574.5K | $203.3M | — | New |
| 11 | CIBC Bancorp USA Inc. | 557.0K | $197.1M | — | New |
| 12 | UBS Group AG | 437.7K | $154.9M | — | New |
| 13 | Nuveen, LLC | 415.6K | $147.1M | — | New |
| 14 | WELLS FARGO & COMPANY/MN | 372.9K | $132.0M | — | New |
| 15 | BNP PARIBAS FINANCIAL MARKETS | 367.2K | $129.9M | — | New |
| 16 | DEUTSCHE BANK AG\ | 343.5K | $121.5M | — | New |
| 17 | KING LUTHER CAPITAL MANAGEMENT CORP | 335.7K | $118.8M | — | New |
| 18 | CITIGROUP INC | 318.2K | $112.6M | — | New |
| 19 | Swiss National Bank | 315.9K | $111.8M | — | New |
| 20 | OpenArc Corporate Advisory, LLC | 311.7K | $110.3M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Organic revenue growth implied by the 11% reported gain looks modest given only $27.5M of Q1 acquisitions—how much was truly organic versus price?
- 2
You drew $1.15B on the revolver to fund $1.5B in buybacks at peak valuation; why prioritize repurchases over M&A now?
- 3
The $167.3M equity investment gain (likely Indicor) drove 26% of pretax earnings—what's the recurring earnings power excluding mark-to-market swings?
Refreshed when ROP files a new report · last from 2026-02-24