Roper Technologies
Operator and acquirer of vertical software, network platforms, and technology-enabled products.
Something off on this page? Send us feedback.
Profile
Operates a decentralized portfolio of vertical software, network platforms, and technology-enabled products for specialized education, insurance, freight, healthcare, and utility markets. Recurring software and service revenue supports cash generation, with acquisitions central to capital allocation.
Operates vertical software and technology-enabled product businesses serving specialized workflows in education, insurance, healthcare, construction, transportation, utilities, and professional services. Application Software includes Deltek, Frontline, Vertafore, CentralReach, Procare, and Transact/CBORD; Network Software includes DAT, ConstructConnect, iPipeline, and Subsplash; Technology Enabled Products includes Neptune water meters and Verathon medical devices.
Uses a decentralized operating model that leaves day-to-day decisions with individual business units while the corporate center allocates capital and guides performance. Growth comes from product development, sales execution, and acquisitions, with software subscriptions, maintenance, and other repeat customer activity supporting recurring revenue.
Most revenue comes from U.S. customers. Data-privacy rules shape its software operations, while healthcare businesses also depend on medical-device and patient-information regulation.
Company facts
Key statistics
Year to date −1.9% · Average volume (30d) 782.2K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Argus Research | Upgrade | Hold | Buy | $575 | $450 |
| Jul 24, 2026 | RBC Capital | Reiterate | Sector Perform | $407 | $417 | |
| Jul 24, 2026 | Robert W. Baird | Target | $470 | $480 | ||
| Jul 24, 2026 | Piper Sandler | Reiterate | Overweight | $540 | $526 | |
| Jul 22, 2026 | Raymond James | Downgrade | Strong Buy | Market Perform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $5.28 | $5.38 | +1.9% | $2.10B | $2.11B | +0.6% | +3.44% |
| Apr 23, 2026Q1 FY26 | $4.99 | $5.16 | +3.4% | $2.06B | $2.10B | +1.6% | −2.85% |
| Jan 27, 2026Q4 FY25 | $5.14 | $5.21 | +1.4% | $2.08B | $2.06B | −1.1% | −2.41% |
| Oct 23, 2025Q3 FY25 | $5.11 | $5.14 | +0.6% | $2.02B | $2.02B | −0.3% | −0.24% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.94B | $2.02B | $2.06B | $2.10B | $2.11B | |
| Gross profit | $1.29B | $1.35B | $1.40B | $1.43B | $1.45B | $1.47B | |
| Operating income | $525.8M | $548.3M | $573.0M | $588.3M | $569.6M | $584.7M | |
| Net income | $331.1M | $378.3M | $398.5M | $428.4M | $508.9M | $1.17B | |
| Diluted EPS | $3.06 | $3.49 | $3.68 | $3.97 | $4.87 | $11.48 | |
| Gross margin | 68.7% | 69.2% | 69.5% | 69.5% | 69.4% | 69.7% | |
| Operating margin | 27.9% | 28.2% | 28.4% | 28.6% | 27.2% | 27.7% |
Fiscal years (4-quarter sums)FY21 $5.05B · FY22 $5.37B · FY23 $6.18B · FY24 $7.04B · FY25 $7.90B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $364.9M · Total debt $11.32B · Total assets $35.17B · Shareholders' equity $18.70B
Dividends
Raised for 28 straight years — most recently to $0.91 from $0.825 in Jan 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 8, 2026 | Jul 8 | Jul 22 | $0.91 | |
| Apr 6, 2026 | Apr 6 | Apr 22 | $0.91 | |
| Jan 2, 2026 | Jan 2 | Jan 16 | $0.91 | raised from $0.825 |
| Oct 3, 2025 | Oct 3 | Oct 17 | $0.825 | |
| Jul 8, 2025 | Jul 8 | Jul 22 | $0.825 | |
| Apr 4, 2025 | Apr 4 | Apr 22 | $0.825 | |
| Jan 3, 2025 | Jan 3 | Jan 17 | $0.825 | raised from $0.75 |
| Oct 8, 2024 | Oct 8 | Oct 21 | $0.75 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 100.92M · Float 100.53M · 99.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 9.89M | 9.80% | 13F | Aug 7, 2026 |
| Windacre Partnership LLC | 8.63M | 8.55% | 13F | Aug 14, 2026 |
| Dodge & Cox | 7.06M | 7.00% | 13G | Aug 13, 2026 |
| Vanguard Capital Management LLC | 6.59M | 6.53% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 5.74M | 5.69% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 24, 2026 | Richard F. Wallman | director | −6,434 | $361.00 |
| Jul 27, 2026 | John K. Stipancich | officer: EVP, Chief Legal Officer & Sec | −2,000 | $379.05 |
| Feb 6, 2026 | Thomas Patrick JR Joyce | director | +1,400 | $358.46 |
| Dec 1, 2025 | Jason Conley | officer: EVP, Chief Financial Officer | −6,000 | $445.57 |
| Nov 11, 2025 | Laurence Neil Hunn | director, officer: President and CEO | −30,000 | $443.57 |
Peers
- Fortive
SaaS-oriented industrial compounder overlapping in facilities and construction.
- SS&C Technologies
Financial and healthcare SaaS acquirer overlapping in insurance and health.
- Tyler Technologies
Dominant govtech SaaS platform in public-sector verticals the subject operates.
- OpenText
Canadian enterprise software acquirer overlapping in insurance and healthcare.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Roper Technologies | $425.13 | −0.26% | $43.01B | 17.8 | 18.1 | 5.2 | +8.5% |
| Fortive | $59.69 | 0.00% | $18.03B | 35.1 | 19.2 | 4.2 | −27.8% |
| SS&C Technologies | $83.42 | −0.02% | $19.57B | 24.0 | 11.2 | 3.0 | +10.4% |
| Tyler Technologies | $379.74 | +0.48% | $15.48B | 50.1 | 26.4 | 6.4 | −6.1% |
| OpenText | $25.10 | +0.04% | $6.09B | 5.6 | 6.4 | 0.7 | +1.6% |
| Median | 29.5 | 15.2 | 3.6 | −2.3% |