ROP
Roper Technologies, Inc.

Roper Technologies, Inc.ROP

Technology · Software - Application
476.60USD
-2.92%
Nov 09, 2026
ROP overview ready
Provider of mission-critical vertical software for regulated industries
Roper is a diversified owner and acquirer of vertical application and network software businesses serving specialized workflows in healthcare diagnostics, education, government contracting, insurance, legal, transportation, utilities, construction and other regulated or operationally complex markets.
Primary theme is leading
Vertical Industry Software is leading (+24.6pp vs SPY over 21 sessions; 8 of 8 members ahead of SPY).
Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily advance.
Fair valuation
The price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Integration risks from acquisitions.
Market Nov 6Filing Sep 30Price action Nov 8Research Oct 15

Conviction Level

PriceAction9.1BusinessPerformance4.0BusinessQuality7.2Valuation5.5ThemeMomentum9.0Decelerating — Revenue is still growing (+7.6% YoY), but growth has slowed for 2 consecutive quarters, down from +11%. Diluted EPS is up 33% year over year ($4.88), but growth has slowed from +233%. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+24.6pp
Theme return
+19.7%
Beating SPY
8 of 8
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily advance.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$47.2B
Avg Volume (60D)
986.0K
60 sessions
Revenue Growth YoY
+12.3%
FY2025 vs FY2024
Gross Margin
+69.7%
Trailing twelve months
Operating Margin
+28.0%
Trailing twelve months
Free Cash Flow Yield
+5.2%
Distance from 200DMA
+30.5%
Next Earnings
2027-01-26
P/E
18.2x
EV / Sales
6.7x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Decelerating

Revenue is still growing (+7.6% YoY), but growth has slowed for 2 consecutive quarters, down from +11%. Diluted EPS is up 33% year over year ($4.88), but growth has slowed from +233%.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthSlowing
+7.6%
$2.17B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +9.7%
  2. +11%
  3. +8.5%
  4. +7.6%
Earnings growthSlowing
+33%
Diluted EPS $4.88 vs $3.68 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. -7.2%
  2. +59%
  3. +233%
  4. +33%
Operating marginStable
28.7%
+0.3 pp YoY · gross margin 70.1% (+0.6 pp)

Business Quality

7.2 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

All three valuation perspectives agree this company is fair.
Roper Technologies, Inc. has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.

Company Research

Thesis
Roper is a diversified owner and acquirer of vertical application and network software businesses serving specialized workflows in healthcare diagnostics, education, government contracting, insurance, legal, transportation, utilities, construction and other regulated or operationally complex markets.
Opportunity
Moderate opportunity
Digitization, cloud migration, regulatory complexity and workflow automation are sustaining demand for deeply embedded software systems that run specialized industry operations and hold proprietary domain data.
Key risk
Integration risks from acquisitions.

Economic classification

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Business & Markets

Technology · Software - Application
What they do

Roper Technologies designs, develops, and acquires vertical software and technology-enabled products serving specialized industry workflows across multiple regions globally.

How it earns

Primarily subscription and license-based recurring revenue from software and technology solutions.

Products & services
Management and diagnostic software
Laboratory information management systems
Enterprise software and information solutions
K-12 school administration software
Transportation management software
Financial and compliance management software
Cloud-based payment processing and financial analytics
Customers & end markets
Healthcare diagnostics
Education
Government contracting
Insurance
Legal
Transportation
Utilities
Construction
Market position

Leader in diversified vertical application and network software markets serving regulated and operationally complex industries.

Demand drivers
Low cyclicality

Demand is sustained by mission-critical software embedded in regulated and complex operational workflows.

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