Roper Technologies, Inc. (ROP) Stock

Roper Technologies, Inc. (ROP) is a Technology stock trading at $363.06 (as of 2026-07-17), with a market capitalization of $36.64B and a trailing P/E of 21.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company offers management, campus solutions, diagnostic and laboratory information management, enterprise management, information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations. It also provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; wireless sensor network and solutions; cloud-based software for the life insurance and financial services industries; supply chain software; health care service and software; RFID card readers; data analytics and information; and pharmacy software solutions. In addition, the company offers precision rubber and polymer testing instruments, and data analysis software; ultrasound accessories; testing and analyzing plastic solutions; dispensers and metering pumps; control valves; precision weighing equipment; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic measurement systems; automated leak detection equipment; medical devices; products and services for water and gas utilities; and equipment and consumables. It also provides temperature control and emergency shutoff valves; turbomachinery control hardware, software, and services; specialized pumps; flow meter calibrators and controllers; vibration monitoring systems and controls; analytical instrument; drilling power section; and pressure and level sensors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. The company was incorporated in 1981 and is based in Sarasota, Florida.

Understand Roper Technologies, Inc.: how it makes money

Roper Technologies builds software and engineered solutions for management, campus, diagnostics and laboratory information, transportation, financial and compliance, property and casualty insurance, and foodservice operations, and it generates revenue through distinct software and product categories such as application software, network software, technology-enabled products, and Medical & Automation Solutions.

Roper’s profit engine is the mix of revenue across multiple software streams (application and network) plus engineered solutions (TEP and MAS), so earnings power depends on how these revenue categories perform relative to each other.

Revenue by segment (latest quarter)
App	$0.8B
Net	$0.5B
TEP	$0.4B
MAS	$0.4B

Business quality (Solid): The available facts clearly outline Roper’s software plus engineered-solution offerings and a segment revenue mix, but they do not include segment operating metrics (such as segment operating income) or guidance, limiting how precisely an investor can judge future profitability drivers.

Valuation: At 21× earnings, ROP trades 65% below the Measuring & Control Equipment average (60×). Note: one-time items can distort reported P/E.

Bull case

Software-focused revenue mix: A large portion of the reported revenue categories is tied to application software (0.85B) and network (0.46B), supporting a product model that spans cloud-based financial analytics and performance management software and cloud-based software for the property and casualty insurance industry.
Broad, multi-vertical solution set: The company offers solutions across multiple use cases and industries, including management, campus solutions, diagnostic and laboratory information management, transportation management, financial and compliance management, and foodservice operations.
High profitability at the consolidated level (as reported): For the period shown (2026-03-31), Roper reports 69.4% gross margin and 27.2% operating margin, indicating strong overall profitability while operating across both software and engineered solutions.

Bear case

Segment performance sensitivity: Because reported revenue is split across application software, network, TEP, and MAS, weak performance in any one category could pressure overall results.
Execution complexity across diverse offerings: Roper’s portfolio spans many solution types (including cloud-based data, collaboration, estimating automation software, and foodservice technology), which increases the number of product areas that must perform well to sustain revenue.

Valuation — source: SEC EDGAR (first-party)
Price	$363.06
Market Cap	$36.64B
P/E Ratio	21.4
EV / EBITDA	14.7
Price / Book	1.95
Price / Sales	4.51
DCF Value (model)	$108.68
DCF Upside vs Price	-70.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$7.90B
Net Margin	19.4%
Revenue Growth (YoY)	11.3%
EPS Growth (YoY)	58.4%

Financial Health — source: SEC EDGAR
Altman Z-Score	2.60 (grey)
Piotroski F-Score	6/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	21.4
Sector P/E (Technology)	34.7
Industry P/E (Measuring & Control Equipment)	58.9
vs Sector	-38.4%
vs Industry	-63.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($5.55B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Technology
Industry	Measuring & Control Equipment
CEO	Laurence Neil Hunn
Employees	18,200
Country	US
IPO Date	1992-02-13

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.