Roper Technologies Inc

Roper Technologies Inc

ROP

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Market Cap$39.56B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Roper Technologies IncRoper Technologies Inc16.30.91%13%4.90.7

Earnings Call Q2 2026

July 23, 2026 - AI Summary

Solid Q2 results; raising full-year guidance again - Revenue $2.1B (+9% YoY); organic +5% (acquisitions contributed ~3 points). - EBITDA $815M; margin 38.6% (core margins modestly down ~10 bps). - Free cash flow $447M (+11% YoY); FCF up 18% CAGR over 3 years (15% adjusted for Section 174). - DEPS $5.38 vs guidance $5.25–$5.30; outperformed guidance (incl. small buyback accretion). - Full-year outlook raised (2nd time this year): - Adjusted DEPS $22.15–$22.30 (midpoint + $0.30 vs prior; + $0.80 vs January). - Total revenue growth now “north of 8%”; organic ~6%. - Q3 DEPS $5.75–$5.80. - Guidance excludes any Indicor instrumentation divestiture proceeds. - Tax rate assumption: ~21% in back half.
AI/agentic momentum is accelerating across the portfolio (big opportunity, still early monetization) - Management emphasized faster product release cadence and breadth of agentic deployments across verticals. - Examples cited: - Deltek: agented capabilities for RFP development and month-end close across GovCon + private sector. - Vertafore: “AI velocity” platform with 6 agent SKUs (automation targeting 5 insurance distribution workflow areas). - Strata: AI-enabled “financial decision intelligence” beta. - Aderant: first-gen agents across collections, billing appeals, talent & time capture. - Procare: agentic “Room Runner” for enrollment strategy optimization. - CentralReach: next-gen AI for clinical documentation quality & audit readiness. - DAT: proactive AI freight recommendation engine for carriers not seeing opportunities. - Also: SoftWriters, iTrade, Foundry, ConstructConnect releases. - Key “surprising but optimistic” framing: adoption is still early, but products improve with use (knowledge graph “flywheel”), which could compound value over time. - Commercialization caveat: near-term revenue impact expected to be limited; adoption/utilization learning curve remains a major uncertainty.
Segment performance is mixed: strong software/verticals; “watch items” in GovCon and freight recovery - Application Software: - Revenue +8%, organic +5%; EBITDA margins 42.8% (core margin down ~20 bps). - Retention remained strong (enterprise gross retention mid-90s). - Deltek / GovCon: encouraging progress but management not ready to call a turn—needs pipeline conversion consistency over future quarters. - Neptune (TEP later): first-half results were stronger than expected (helping H1 beat), but still a watch item by segment. - Network Software: - Revenue +12%, organic +4%; EBITDA margin down ~370 bps (mix and SubSplash acquisition + DAT investment). - DAT: freight market improving; management expects recovery indicators to stay encouraging but wants load volume proof before “fully bullish.” - TEP (med/industrial): - Revenue/organic +7%; EBITDA margin 34.5% (down ~220 bps). - Margin headwinds: input cost pressure (Neptune bronze ingot inflation), plus mix shift to lower-margin consumables.

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$440.11

Target Price by Analysts

12.3% upsideRoper Technologies Target Price DetailsTarget Price
$953.99

Current Fair Value

143.4% upside

Undervalued by 143.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$39.56 Billion
Enterprise Value$52.27 Billion
Dividend Yield$3.56 (0.91%)
Earnings per Share$14.31
Beta0.75
Outstanding Shares102,300,000

Return

Return on Equity13.39%ROE
Return on Assets7.12%
Return on Invested Capital10.15%

Valuation & Multiples

P/E Ratio16.26P/E Ratio
PEG7.78PEG
Price to Sales4.9Price to Sales
Price to Book Ratio2.15Price to Book Ratio
Enterprise Value to Revenue6.31
Enterprise Value to EBIT16.24
Enterprise Value to Net Income20
Total Debt to Enterprise0.25
Debt to Equity0.7Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 23, 2026
EPS Estimate
$5.28
Average shareholder expectation
Revenue Estimate
$2.10 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 22, 2026
EPS Estimate
$5.78
Average shareholder expectation
Revenue Estimate
$2.17 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 79.25%
Total Calls- 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.10% 86.74%
Total Invested$1.43B 95.87%
Investors Holding417 740.00%

ESG Score

No data

About Roper Technologies Inc

16,460 employees
CEO: L. Neil Hunn

Roper Technologies is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper operates businesses that design and develop software (both license and software-as-a-service) and engineered products and solutions for a variety of niche end markets.

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical expertise for all tax legislation, directly influencing the final shape and impact of tax policies (developed by the Finance Committee) on Roper's corporate tax burden and financial structure.

Finance

This committee controls taxation and trade policy. Changes in corporate tax rates, trade agreements, or tariffs directly impact Roper's profitability, cost of goods, supply chain, and overall valuation.

Appropriations

This committee directly allocates discretionary federal spending across various sectors (defense, infrastructure, research). These funding decisions can significantly impact government and industry order books for Roper's products and solutions.

Armed Services

This committee authorizes the annual NDAA and oversees the Department of Defense. The defense sector is a significant 'niche end market' for Roper's engineered products and advanced technological solutions.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, 'Big Tech' (privacy, net neutrality affecting SaaS), aerospace, and telecommunications. These areas represent significant regulatory environments and potential end markets for Roper's software and engineered products.

Energy and Natural Resources

This committee directly impacts the energy, oil & gas, mining, and renewable energy sectors, which are significant end markets for Roper's industrial process controls, sensors, and engineered solutions.

Environment and Public Works

This committee drives infrastructure spending and regulates environmental and nuclear sectors. Roper's engineered products for 'industrial process variables' are highly relevant to infrastructure projects (e.g., water, transportation) and process control in regulated industries.

Foreign Relations

As a global company, Roper is susceptible to the impact of sanctions legislation and global market shifts influenced by this committee. This affects its ability to sell products and procure components internationally, and energy prices influence its industrial customers.