Roper Technologies (ROP)
Information Technology · Diversified enterprise software and technology-enabled products
A diversified technology company that acquires and operates niche software and tech-enabled products across healthcare, legal, education, and specialty markets.
What Roper Technologies does
Roper Technologies is a diversified technology company that designs, develops, and operates vertical market software and technology-enabled products serving defensible niche markets. The company operates three reportable segments: Application Software (including legal case management, behavioral health workflows, laboratory information systems, and higher education campus solutions), Network Software (marketplaces and connectivity platforms for construction, transportation, and healthcare), and Technology Enabled Products (medical devices and specialized hardware solutions). Roper grows through both organic product development and strategic acquisitions, having deployed approximately $8,960 million toward acquisitions over the past three years, while maintaining high margins and generating consistent cash flow.
Themes: ["Vertical SaaS","Healthcare software","Legal technology","AI-enabled products","Higher education technology","Niche market leadership","Acquisitions and consolidation","Mission-critical workflows","Behavioral health","Medical devices and diagnostics"]
Fundamentals
- Price$355.94 as of 2026-07-09 close
- Market cap$35.8B as of 2026-07-10
- 1-year return-36.3% as of 2026-07-09 close
- P/E20.91 as of 2026-07-10
- Net margin+21.1% as of 2026-07-10
- Gross margin+69.4% as of 2026-07-10
- ROE+8.8% as of 2026-07-10
- Debt / equity0.56 as of 2026-07-10
- Revenue growth (YoY)+12.1% as of 2026-07-10
- Revenue CAGR (3y)+13.7% SEC XBRL
- Beta0.75 as of 2026-07-10
Dividend: yield +1.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["High leverage from acquisition strategy: Long-term debt of $9.7 billion with significant goodwill ($21.3 billion) and intangible assets ($9.6 billion), exposing the company to impairment risk if acquired businesses underperform","Integration execution risk: Recent large acquisitions (CentralReach $1.85B, Procare $1.86B, Transact Campus $1.6B) require successful integration and realization of synergies to maintain growth and margins","Customer concentration and retention: Operates in niche markets where loss of major customers or changes in customer spending patterns could significantly impact revenue, particularly in highly specialized verticals"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.