Roper Technologies, Inc. designs and develops vertical software and technology enabled products in the United States, Canada, Europe, Asia, and internationally. Its Application Software segment offers comprehensive management, diagnostic and laboratory information management, enterprise software and information solutions, K-12 school administration, transportation management, financial and compliance management, cloud-based and integrated payment processing, campus technology and payment, and cloud-based financial analytics, performance management software, and data solutions; cloud-based software for the property and casualty insurance industry; and foodservice technologies. The Network Software segment provides cloud-based data, collaboration, and estimating automation software; electronic marketplace; visual effects and 3D content software; cloud-based software and AI-enabled analytics solutions for the life insurance and financial services industries; supply chain software; health care services and software; data analytics and information; pharmacy software solutions; and AI-enabled SaaS providing digital engagement, as well as church management and integrated giving solutions for faith-based organizations. The Technology Enabled Products segment offers ultrasound procedures accessories; dispensers and metering pumps; wireless sensor network and solutions; automated surgical scrub and linen dispensing equipment; water meters; optical and electromagnetic precision measurement systems; RFID card and credential readers; and medical devices. It distributes and sells its products through direct sales offices, manufacturers' representatives, resellers, and distributors. The company was formerly known as Roper Industries, Inc. and changed its name to Roper Technologies, Inc. in April 2015. Roper Technologies, Inc. was incorporated in 1981 and is based in Sarasota, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7.9B | $3.2B | $1.5B | $2.4B | 7.7% | 12.3% | -0.8% |
| 2024 | $7.0B | $3.0B | $1.5B | $2.3B | 8.2% | 13.9% | 11.9% |
| 2023 | $6.2B | $2.7B | $1.4B | $1.9B | 7.9% | 15.0% | -69.5% |
| 2022 | $5.4B | $2.1B | $4.5B | $664M | 28.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,371.80 | 6,177.80 | 7,039.20 | 7,902.50 |
| Operating Revenue | - | 5,371.80 | 6,177.80 | 7,039.20 | 7,902.50 |
| Cost Of Revenue | - | 1,619 | 1,870.60 | 2,160.90 | 2,430.50 |
| Gross Profit | - | 3,752.80 | 4,307.20 | 4,878.30 | 5,472 |
| Operating Expense | - | 2,228.30 | 2,562 | 2,881.50 | 3,236.60 |
| Selling General And Administration | - | 2,228.30 | 2,562 | 2,881.50 | 3,236.60 |
| Total Expenses | - | 3,847.30 | 4,432.60 | 5,042.40 | 5,667.10 |
| Operating Income | - | 1,524.50 | 1,745.20 | 1,996.80 | 2,235.40 |
| Total Operating Income As Reported | - | 1,524.50 | 1,745.20 | 1,996.80 | 2,235.40 |
| EBITDA | - | 2,124.50 | 2,663 | 3,039.20 | 3,159.30 |
| Normalized EBITDA | - | 2,124.50 | 2,663 | 3,039.20 | 3,159.30 |
| EBIT | - | 1,474.40 | 1,907.80 | 2,226.40 | 2,261.10 |
| Interest Expense | - | 192.40 | 164.70 | 259.20 | 325 |
| Net Interest Income | - | -192.40 | -164.70 | -259.20 | -325 |
| Other Non Operating Income Expenses | - | -50.10 | -2.80 | -5 | 0.20 |
| Other Income Expense | - | -50.10 | 162.60 | 229.60 | 25.70 |
| Interest Expense Non Operating | - | 192.40 | 164.70 | 259.20 | 325 |
| Net Non Operating Interest Income Expense | - | -192.40 | -164.70 | -259.20 | -325 |
| Pretax Income | - | 1,282 | 1,743.10 | 1,967.20 | 1,936.10 |
| Tax Provision | - | 296.40 | 374.70 | 417.90 | 399.80 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 985.60 | 1,368.40 | 1,549.30 | 1,536.30 |
| Net Income From Continuing And Discontinued Operation | - | 4,544.70 | 1,384.20 | 1,549.30 | 1,536.30 |
| Net Income From Continuing Operation Net Minority Interest | - | 985.60 | 1,368.40 | 1,549.30 | 1,536.30 |
| Net Income | - | 4,544.70 | 1,384.20 | 1,549.30 | 1,536.30 |
| Net Income Common Stockholders | - | 4,544.70 | 1,384.20 | 1,549.30 | 1,536.30 |
| Net Income Including Noncontrolling Interests | - | 4,544.70 | 1,384.20 | 1,549.30 | 1,536.30 |
| Normalized Income | - | 985.60 | 1,368.40 | 1,549.30 | 1,536.30 |
| Diluted NI Availto Com Stockholders | - | 4,544.70 | 1,384.20 | 1,549.30 | 1,536.30 |
| Basic Average Shares | - | 105.90 | 106.60 | 107.10 | 107.40 |
| Diluted Average Shares | - | 106.80 | 107.40 | 108 | 108.20 |
| Reconciled Depreciation | - | 650.10 | 755.20 | 812.80 | 898.20 |
| Reconciled Cost Of Revenue | - | 1,619 | 1,870.60 | 2,160.90 | 2,430.50 |
| Total Unusual Items | -94.40 | 0 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | -94.40 | 0 | 0 | - | - |
| Net Income Discontinuous Operations | - | 3,559.10 | 15.80 | 0 | 0 |
| Special Income Charges | -94.40 | 0 | 0 | - | - |
| Gain On Sale Of Business | 0 | - | - | - | - |
| Impairment Of Capital Assets | 94.40 | 0 | 0 | - | - |
| Earnings From Equity Interest | - | 0 | 165.40 | 234.60 | 25.50 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Roper Technologies, Inc.this co. | ROP | $33.5B | 21.80β discount | 1.68 | 7.7% | 13.46 |
| Jabil Inc. | JBL | $39.4B | 60.03 | 26.07 | 43.4% | 23.86 |
| Workday, Inc. | WDAY | $36.5B | 52.71 | 4.68 | 8.9% | 23.75 |
| Paychex, Inc. | PAYX | $35.6B | 21.51 | 8.63 | 40.1% | 15.67 |
| NetApp, Inc. | NTAP | $35.4B | 29.87 |
| - |
| - |
| - |
| - |
| - |
| - |
| 34.06 |
| 114.0% |
| 21.41 |
| First Solar, Inc. | FSLR | $33.8B | 22.14 | 3.55 | 16.0% | 14.71 |
| Qnity Electronics, Inc. | Q | $32.4B | 46.83 | 4.57 | 9.8% | 25.32 |
| Teledyne Technologies Incorporated | TDY | $28.7B | 32.03 | 2.73 | 8.5% | 20.77 |
| Super Micro Computer, Inc. | SMCI | $28.2B | 26.89 | 4.48 | 16.6% | 20.92 |
| Peer Median | - | 30.95 | 4.62 | 16.3% | 21.16 | |