ROPER TECHNOLOGIES INC ROP
Roper Technologies, Inc. ("Roper," the "Company," "we," "our," or "us") is a diversified technology company. Roper has a proven, long-term, successful track record of compounding cash flow and increasing shareholder value. We operate market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets.
We pursue consistent and sustainable growth in revenue, earnings, and cash flow by enabling continuous improvement in the operating performance of our businesses and by acquiring businesses that offer high value-added software, services, technology-enabled products, and solutions that we believe are capable of realizing growth while maintaining high margins. We compete in many defensible niche markets and believe we are the market leader or a competitive alternative to the market leader in most of these markets.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Canada
- Rest of the world
- Other
| Region | FY2025 |
|---|---|
| United States | $6.87B |
| Europe | $541.4M |
| Canada | $291.7M |
| Rest of the world | $125.5M |
| Other | $71.1M |
As the company reported it, from the “Segment and Geographic Area Information - Schedule of Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Application Software
- Technology Enabled Products
- Network Software
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Application Software | $4.48B | $3.87B | $3.19B |
| Technology Enabled Products | $1.82B | $1.70B | $1.55B |
| Network Software | $1.60B | $1.48B | $1.44B |
As the company reported it, from the “Segment and Geographic Area Information - Schedule of Reporting Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.90B | $7.04B | $6.18B | $5.37B | $4.83B | $4.02B | $4.73B | $5.19B | $4.61B | $3.79B |
| Cost of revenue | $2.43B | $2.16B | $1.87B | $1.62B | $1.43B | $1.19B | $1.59B | $1.91B | $1.74B | $1.46B |
| Gross profit | $5.47B | $4.88B | $4.31B | $3.75B | $3.41B | $2.83B | $3.14B | $3.28B | $2.86B | $2.33B |
| R&D | $852.5M | $748.1M | $646.1M | $529.8M | $484.8M | $382.4M | $379.7M | $376.9M | $281.1M | $195.4M |
| SG&A | $3.24B | $2.88B | $2.56B | $2.23B | $2.07B | $1.75B | $1.81B | $1.88B | $1.65B | $1.28B |
| Operating income | $2.24B | $2.00B | $1.75B | $1.52B | $1.24B | $1.08B | $1.33B | $1.40B | $1.21B | $1.05B |
| Interest expense | $325.0M | $259.2M | $164.7M | $192.4M | $233.9M | $218.5M | $186.2M | $182.1M | $180.6M | $111.6M |
| Pre-tax income | $1.94B | $1.97B | $1.74B | $1.28B | $1.03B | $861.3M | $2.06B | $1.20B | $1.03B | $940.6M |
| Income tax | $399.8M | $417.9M | $374.7M | $296.4M | $226.6M | $187.5M | $417.4M | $254.0M | $62.9M | $282.0M |
| Net income | $1.54B | $1.55B | $1.38B | $4.54B | $1.15B | $949.7M | $1.77B | $944.4M | $971.8M | $658.6M |
| EPS, basic | 14.30 | 14.47 | 12.98 | 42.92 | 10.95 | 9.08 | 17.02 | 9.15 | 9.51 | 6.50 |
| EPS, diluted | 14.20 | 14.35 | 12.89 | 42.55 | 10.82 | 8.98 | 16.82 | 9.05 | 9.39 | 6.43 |
| Shares, diluted (wtd. avg.) | 108.2M | 108.0M | 107.4M | 106.8M | 106.5M | 105.7M | 105.1M | 104.4M | 103.5M | 102.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $297.4M | $188.2M | $214.3M | $792.8M | $351.5M | $308.3M | $709.7M | $364.4M | $671.3M | $757.2M |
| Receivables | $1.00B | $885.1M | $829.9M | $724.5M | $687.6M | $745.7M | $791.6M | $700.8M | $641.7M | $619.9M |
| Inventory | $141.7M | $120.8M | $118.6M | $111.3M | $69.2M | $165.1M | $198.6M | $190.8M | $204.9M | $182.0M |
| Total current assets | $1.93B | $1.54B | $1.48B | $1.93B | $2.42B | $1.75B | $2.00B | $1.61B | $1.76B | $1.78B |
| Property, plant and equipment | $156.9M | $149.7M | $119.6M | $85.3M | $82.7M | $127.3M | $139.9M | $128.7M | $142.5M | $141.3M |
| Goodwill | $21.34B | $19.31B | $17.12B | $15.95B | $138.8M | $13.34B | $10.39B | $9.35B | $8.82B | $8.65B |
| Other intangibles | $9.76B | $9.06B | $8.21B | $8.03B | $6.51B | $7.17B | $4.67B | $3.84B | $3.48B | $3.66B |
| Total assets | $34.58B | $31.33B | $28.17B | $26.98B | $23.71B | $24.02B | $18.11B | $15.25B | $14.32B | $14.32B |
| Accounts payable | — | — | — | — | — | $177.8M | $162.0M | $165.3M | $171.1M | $152.1M |
| Short-term debt | $705.2M | $1.04B | $499.5M | $699.2M | $799.2M | $499.4M | $602.2M | $1.5M | $800.9M | $401.0M |
| Total current liabilities | $3.73B | $3.83B | $2.96B | $2.89B | $3.12B | $2.44B | $2.40B | $1.45B | $2.03B | $1.45B |
| Long-term debt | $8.60B | $6.58B | $5.83B | $5.96B | $7.12B | $9.06B | $4.67B | $4.94B | $4.35B | $5.81B |
| Total liabilities | $14.70B | $12.47B | $10.72B | $10.94B | $12.15B | $13.54B | $8.62B | $7.51B | $7.45B | $8.54B |
| Retained earnings | $17.21B | $16.03B | $14.82B | $13.73B | $9.46B | $8.55B | $7.82B | $6.25B | $5.46B | $4.64B |
| Total equity | $19.88B | $18.87B | $17.44B | $16.04B | $11.56B | $10.48B | $9.49B | $7.74B | $6.86B | $5.79B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.54B | $2.39B | $2.04B | $734.6M | $2.01B | $1.53B | $1.46B | $1.43B | $1.23B | $963.8M |
| Depreciation and amortisation | $898.2M | $812.8M | $755.2M | $650.1M | $615.9M | $491.6M | $408.8M | $367.0M | $345.0M | $240.5M |
| Stock-based compensation | $166.3M | $145.9M | $123.5M | $118.5M | $123.0M | $108.3M | $101.2M | $133.8M | $83.1M | $78.8M |
| Capital expenditure | — | — | — | — | — | — | — | $49.1M | $48.8M | $37.3M |
| Investing cash flow | -$3.39B | -$3.47B | -$2.13B | $1.21B | -$142.9M | -$6.07B | -$1.30B | -$1.34B | -$209.6M | -$3.75B |
| Financing cash flow | $923.6M | $1.07B | -$499.5M | -$1.47B | -$1.81B | $4.14B | $177.0M | -$388.1M | -$1.17B | $2.81B |
| Dividends paid | $355.0M | $321.9M | $290.2M | $262.3M | $236.4M | $214.1M | $191.7M | $170.1M | $142.8M | $121.1M |
| Buybacks | $500.0M | $0 | $0 | — | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-145481.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.79B | $4.61B | $5.19B | $4.73B | $4.02B | $4.83B | $5.37B | $6.18B | $7.04B | $7.90B |
| Gross profit | $2.33B | $2.86B | $3.28B | $3.14B | $2.83B | $3.41B | $3.75B | $4.31B | $4.88B | $5.47B |
| Net income | $658.6M | $971.8M | $944.4M | $1.77B | $949.7M | $1.15B | $4.54B | $1.38B | $1.55B | $1.54B |
Recent filings and events
- Benefit plan trading suspension Employees temporarily cannot trade the shares inside a company plan. Item 5.04
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- New debt or obligation Item 2.03
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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