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Roper TechnologiesROP

Legal name
Roper Technologies, Inc.
Sector
Industrial
Industry
Industrial Instruments For Measurement, Display, and Control
Exchange
Nasdaq

Stock Price $ROP

Latest filings

You are here#46 of 86 in Industrials by market cap

Filing record · 2016–202610-K1110-Q338-K114

ROP filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 114 current reports (8-K) between 2016 and 2026.

  1. FY2016 annual report10-K · Feb ’17Feb ’17
  2. Deal closed8-K · Aug ’19Aug ’19
  3. Leadership change8-K · Jun ’21Jun ’21
  4. Leadership change8-K · Apr ’25Apr ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $7.90B
YoY changeLargest recent move+21.6%in FY17Latest +12.3%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All ROP Financial Metrics56 metrics

Income Statement14

Balance Sheet26

Cash Flow11

Per Share5

02—Overview

Roper Technologies Financial Overview 2021–2025

Updated Nov 4, 2026

Roper's FY2025 revenue jumped 12.3% to $7,902.5 million, yet diluted EPS slipped to $14.20a from $14.35. That gap is the story. The company is buying growth, and the debt it takes on to do so is starting to absorb the profit it adds.

The core thesis: Roper's operations are compounding steadily, but acquisition-funded expansion is capping per-share earnings for now. Organic growth was only 5.4% in FY2025, and acquisitions supplied 6.7 points of the rest. Income from operations still rose to $2,235.4 millionb from $1,996.8 million. But net interest expense climbed to $325.0 million from $259.2 million, and net earnings from continuing operations eased to $1,536.3 million from $1,549.3 million. Operating cash flow hit $2,540.3 million, so the cash engine is intact.

The long-term arc is clear. On a continuing-operations basis, revenue grew from $4,833.8 million in FY2021 to $7,902.5 millionc in FY2025. Total debt rose from $7,970.3 million to $9,355.9 million over the same stretch. Goodwill now equals roughly 62% of $34,577.0 million in total assets. Backlog rose 10.3% to $3,424.6 million, which supports the revenue base.

The market priced this at 31.3x earnings, with a $445.13d close and a $47.5 billion market cap at the end of FY2025. Shareholder returns are accelerating: $500.0 million of buybacks in Q4 2025, another $1,313.5 million from January 1 to February 20, 2026, and a quarterly dividend raised to $0.91.

Recent Developments (Q2 and Q3 2026)

Roper closed the Indicor Instrumentation sale to AMETEK on August 26, 2026, bringing $1,239.2 millione of pre-tax cash. Indicor gains lifted nine-month net earnings to $2,162.1 million, so headline EPS overstates the run rate. Operations were steadier: organic growth rose from 4.9% in Q2 2026 to 6.7% in Q3 2026, and Q3 2026 revenue reached $2,171.8 million. Adjusted EBITDA margin slipped to 39.8% from 40.2%. Management raised full-year adjusted EPS guidance twice, to $22.35–$22.40. Net debt to net capital fell to 32.9% from 36.9% at mid-year. Shares outstanding dropped to 99.0 million. A shareholder push for a spin-off review failed at the May 2026 meeting.

Bull case: guidance keeps rising, backlog grew 9.4% to $3,471.6 million, and over $6 billion of deployment capacity remains. Bear case: at 33.8x earnings as of the November 1, 2026 filing date, the stock is priced richly while margins compress and leverage stays above year-end levels.

What to watch: Indicor Flow Controls close and its roughly $600 million of proceeds in Q4 2026; margin trend against the $5.95–$6.00 Q4 EPS guide

03—Filings

Recent SEC Filings

  1. 8-KRoper Technologies 8-K Report, Financial Results (Oct 22, 2026)Roper Technologies, Inc. filed this Form 8-K on October 22, 2026 to furnish Exhibit 99.1, a press release announcing results for the quarter ended September 30, 2026. Third-quarter net revenues rose 8% to $2.17 billion, with organic revenue growth of 7% and acquisitions contributing 1%. GAAP net earnings increased 22% to $485 million, while adjusted net earnings rose 5% to $586 million. Adjusted EBITDA increased 7% to $864 million, and GAAP diluted EPS increased 33% to $4.88 while adjusted DEPS increased 15% to $5.89. The company deployed $436 million toward three bolt-on acquisitions (iPipeline, Procare and Strata) during the quarter and received $1.2 billion in proceeds from Indicor's sale of its instrumentation businesses. Management raised full-year 2026 adjusted DEPS guidance to $22.35 to $22.40, up from $22.15 to $22.30, and guided fourth-quarter adjusted DEPS to $5.95 to $6.00. The guidance excludes unannounced acquisitions or divestitures, proceeds from Indicor's pending divestiture of its Cornell Pump and Roper Pump businesses, and potential share repurchases. The CEO stated the company has more than $6 billion of capital deployment capacity. Nine-month GAAP net earnings of $2.16 billion were inflated by a $1.06 billion equity investment gain tied to Indicor, which the company excludes from adjusted results. Balance sheet activity was significant over the first nine months: the company repurchased $2.73 billion of common stock, and treasury stock rose to $3.25 billion from $516 million at year-end 2025. Current portion of long-term debt increased to $1.42 billion from $705 million, and total stockholders' equity declined to $19.17 billion from $19.88 billion. Cash provided by operating activities was $1.88 billion for the nine months.
  2. 8-KRoper Technologies 8-K Report, Executive Changes (Oct 1, 2026)Roper Technologies, Inc. filed this Current Report on Form 8-K on October 1, 2026 to disclose that its Board of Directors elected Mr. Abhijit Dubey, age 52, as a director effective October 1, 2026, with a term expiring at the Company's 2027 Annual Meeting of Stockholders. The Board elected him on September 29, 2026. Mr. Dubey will receive compensation under the Company's standard director arrangements, as described in the 2026 Proxy Statement filed April 7, 2026. On October 1, 2026, he will receive an equity award with a grant date fair value of approximately $224,583, representing the pro-rata value of a full-year non-employee director award of $385,000. Because he elected to receive his annual cash retainer in equity, he will also receive a $5,000 equity award, representing the pro-rata value of the $30,000 cash retainer for the first six months of the Board year. He will also enter into the Company's standard indemnification agreement for directors and officers. The filing attaches Exhibit 99.1, a press release describing Mr. Dubey's background as Chief Executive Officer and Chief AI Officer of NTT DATA, Inc. and a Director of NTT DATA Group Corporation. Previously, he served as Chairman and Global Chief Executive Officer of NTT Ltd. and spent more than 20 years at McKinsey & Company. Roper's President and CEO, Neil Hunn, and Board Chair, Amy Woods Brinkley, were quoted in support of the appointment.
  3. 8-KRoper Technologies 8-K Report, Temporary Suspension of Trading Under Employee Benefit Plans (Aug 10, 2026)Roper Technologies, Inc. filed this Form 8-K under Item 5.04 to disclose a temporary suspension of trading under its employee benefit plans. The company, acting as plan administrator, has notified participants of an anticipated blackout period for the Roper Technologies, Inc. Employees' Retirement Savings 003 Plan and Employees' Retirement Savings 004 Plan (collectively, the 401(k) Plans). The blackout is tied to the transition of recordkeeping services for the 401(k) Plans from Vanguard to Fidelity Investments, effective October 2, 2026. During the blackout, participants and beneficiaries will be temporarily unable to change investment elections, transfer assets among funds, obtain loans or distributions, or conduct certain other transactions, including transactions involving Company common stock held through the plans. The blackout is expected to begin at 4:00 p.m. Eastern Time on September 25, 2026, and end during the week of October 18, 2026. Under Section 306(a) of the Sarbanes-Oxley Act and Regulation BTR, the company notified its directors and executive officers on August 7, 2026 that, during the blackout and subject to certain exceptions, they are prohibited from purchasing, selling, or otherwise acquiring or transferring Company equity securities acquired through their service or employment. The filing is administrative in nature and does not report financial results or a change in operations.
  4. 8-KRoper Technologies 8-K Report, Financial Results (Jul 23, 2026)Roper Technologies, Inc. reported second-quarter 2026 net revenues of $2.11 billion, up 9% from $1.94 billion a year earlier. Management attributed 5% of that growth to organic revenue and 3% to acquisitions, with no foreign exchange contribution. GAAP net earnings rose to $1,168.5 million from $378.3 million, but the increase was driven largely by an $835.2 million equity investment gain tied to the company's minority stake in Indicor. On a non-GAAP basis, adjusted diluted earnings per share (DEPS) increased 10% to $5.38, and adjusted free cash flow increased 11% to $447 million. The company repurchased 3.6 million shares for $1.2 billion in the quarter. Under the program to date, it has repurchased 9.0 million shares for $3.2 billion, which management says is more than 8% of shares outstanding. Long-term debt, net of current portion, increased to $10.60 billion at June 30, 2026 from $8.60 billion at December 31, 2025, and treasury stock rose to $3.25 billion from $516.1 million. Roper raised its full-year 2026 guidance. Adjusted DEPS is now expected at $22.15 to $22.30, up from $21.80 to $22.05. Total revenue growth is now expected at 8% or more, versus approximately 8% previously, and organic revenue growth at approximately 6%, versus 5% to 6% previously. Third-quarter 2026 adjusted DEPS is guided to $5.75 to $5.80. Guidance excludes future acquisitions or divestitures, proceeds from Indicor's pending divestiture of its instrumentation businesses, and potential share repurchases.
  5. 8-KRoper Technologies 8-K Report, Executive Changes (May 19, 2026)At its 2026 Annual Meeting on May 19, 2026, Roper Technologies, Inc. (ROP) shareholders approved an amendment to the Roper Technologies, Inc. 2021 Incentive Plan. The amendment adds 14,150,000 new shares of common stock, bringing the total approved for awards under the plan to 23,409,479 shares, including 9,259,479 shares previously approved in 2021. It also eliminates an exception to the one-year minimum vesting requirement for awards to non-employee directors. Shareholders also approved an amended and restated Employee Stock Purchase Plan, effective July 1, 2026. The plan adds 1,000,000 new shares, bringing the total approved for purchase to 2,000,000 shares. Participants may now contribute up to 15% of compensation through payroll deductions, up from 10%, and the purchase discount increases from 10% to 15%. The number of offering periods falls from four three-month periods to two. All nine director nominees were elected to one-year terms, and shareholders approved the say-on-pay advisory vote, the ratification of PricewaterhouseCoopers LLP as auditor for 2026, and both incentive plan proposals. A shareholder proposal asking for a strategic review of a proposed spin-off of the Application Software and Network Software segments was not approved, receiving 536,956 votes for and 88,537,496 against.
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View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

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