ROPER TECHNOLOGIES INC

ROP · Industrial Instruments For Measurement, Display, and Control · 100.9M shares · +1%/yr ↑ shares · EDGAR filings ↗

Reference price $358.46 · est. market cap ~$36.2B — last insider purchase, 2026-02-06 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

A85

Dominant diversified vertical-software compounder with top-decile margins and cash conversion.

Strengths

Top-percentile gross (69%), operating (28%) and OCF (32%) margins plus net margin 92.9th pct — best-in-class profitability
12.3% revenue growth from durable, defensible niche-software franchises with high switching costs

Risks

Low headline ROE (7.7%) and ROA are artifacts of a large acquisition-driven goodwill base, not weak economics
Sub-0.5 current ratio and acquisition-dependent growth model create integration and liquidity-optics risk

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Weak liquidityCurrent ratio 0.52 (<1)
Strong balance sheetStrong balance sheet — $297M cash & investments
Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$501,844, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $1.9B2025-09-30 · $2.0B2025-12-31 · $2.1B2026-03-31 · $2.1B

Last 4 quarters · from SEC filings.

Key metrics

Gross margin

69.2%

Operating margin

28.3%

Net margin

19.4%

Return on equity

7.7%

Return on assets

4.4%

ROIC

6.2%

Revenue growth (QoQ)

1.8%

Net-income growth

-0.8%

Debt / equity

0.4×

Net debt / EBITDA

2.6×

Current ratio

0.5×

EBITDA

$3.1B

Tangible book value

-$11.2B

Cash & investments

$297M

Stock comp / revenue

2.1%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-05-20	ARCHAMBEAU SHELLYE L	Grant	1.2K	—
2026-05-20	Joyce Thomas Patrick JR	Grant	1.2K	—
2026-05-20	BRINKLEY AMY WOODS	Grant	1.2K	—
2026-05-20	JOHNSON ROBERT D	Grant	1.2K	—
2026-05-20	Murphy John Francis	Grant	1.2K	—
2026-05-20	Thatcher Laura G	Grant	1.2K	—
2026-05-20	WALLMAN RICHARD F	Grant	1.2K	—
2026-05-20	ESTEVES IRENE M	Grant	1.2K	—
2026-03-16	ESTEVES IRENE M	Grant	85	—
2026-03-16	Joyce Thomas Patrick JR	Grant	85	—
2026-03-16	ARCHAMBEAU SHELLYE L	Grant	92	—
2026-03-16	WALLMAN RICHARD F	Grant	92	—
2026-03-10	Cross Brandon L	Tax withheld	110	$353.87
2026-03-10	Cross Brandon L	Grant	230	—
2026-03-10	Cross Brandon L	Grant	972	—
2026-03-10	HUNN LAURENCE NEIL	Tax withheld	13K	$353.87
2026-03-10	Conley Jason	Tax withheld	3.1K	$353.87
2026-03-10	Stipancich John K	Tax withheld	3.2K	$353.87
2026-02-06	Joyce Thomas Patrick JR	Buy	1.4K	$358.46
2025-12-08	WALLMAN RICHARD F	Gift	4.0K	—
2025-12-01	Conley Jason	Option exercise	6.0K	$170.61
2025-12-01	Conley Jason	Sell	6.0K	$445.56
2025-11-12	BRINKLEY AMY WOODS	Buy	1.2K	$450.71
2025-11-12	HUNN LAURENCE NEIL	Buy	8.0K	$452.39
2025-11-12	HUNN LAURENCE NEIL	Buy	2.0K	$451.57
2025-11-11	HUNN LAURENCE NEIL	Sell	361	$448.40
2025-11-11	HUNN LAURENCE NEIL	Option exercise	30K	$186.75
2025-11-11	HUNN LAURENCE NEIL	Sell	1.4K	$441.97
2025-11-11	HUNN LAURENCE NEIL	Sell	14K	$442.96
2025-11-11	HUNN LAURENCE NEIL	Sell	9.1K	$443.68
2025-11-11	HUNN LAURENCE NEIL	Sell	2.8K	$444.75
2025-11-11	HUNN LAURENCE NEIL	Sell	1.7K	$445.57
2025-11-11	HUNN LAURENCE NEIL	Sell	479	$446.61
2025-09-15	WALLMAN RICHARD F	Grant	64	—
2025-09-15	ARCHAMBEAU SHELLYE L	Grant	64	—
2025-09-15	Joyce Thomas Patrick JR	Grant	59	—
2025-09-15	ESTEVES IRENE M	Grant	59	—
2025-08-15	JOHNSON ROBERT D	Sell	200	$529.15
2025-08-14	JOHNSON ROBERT D	Sell	200	$521.64
2025-07-24	Stipancich John K	Gift	100	—
2025-07-23	Stipancich John K	Option exercise	1.5K	$228.84
2025-07-23	Stipancich John K	Sell	1.5K	$564.17
2025-07-22	WALLMAN RICHARD F	Sell	352	$556.25
2025-07-22	WALLMAN RICHARD F	Gift	4.0K	—
2025-06-11	WALLMAN RICHARD F	Grant	675	—
2025-06-11	ARCHAMBEAU SHELLYE L	Grant	675	—
2025-06-11	BRINKLEY AMY WOODS	Grant	675	—
2025-06-11	JOHNSON ROBERT D	Grant	675	—
2025-06-11	Thatcher Laura G	Grant	675	—
2025-06-11	ESTEVES IRENE M	Grant	675	—
2025-06-11	Joyce Thomas Patrick JR	Grant	675	—
2025-06-11	Murphy John Francis	Grant	675	—
2025-05-05	WRIGHT CHRISTOPHER	Sell	350	$572.22
2025-03-31	Cross Brandon L	Tax withheld	150	$582.64
2025-02-25	Conley Jason	Option exercise	3.0K	$165.97
2025-02-25	Conley Jason	Sell	3.0K	$588.19
2025-02-04	Cross Brandon L	Option exercise	750	$235.25
2025-02-04	Cross Brandon L	Sell	750	$577.83
2025-01-31	Conley Jason	Option exercise	3.0K	$165.97
2025-01-31	Conley Jason	Sell	3.0K	$578.05
2025-01-31	Stipancich John K	Option exercise	1.0K	$228.84
2025-01-31	Stipancich John K	Sell	1.0K	$578.04
2025-01-31	WALLMAN RICHARD F	Gift	6.0K	—
2025-01-31	WALLMAN RICHARD F	Sell	351	$575.25

All non-derivative Form 4 activity (SEC), newest first.

Supply chain

Customers (0)

Suppliers (4)

Named in the 10-K; linked when we track them.

Notable events (8-K)

Date	Items
2026-05-19	Exec/director changeShareholder voteExhibits	filing ↗
2026-04-23	ResultsExhibits	filing ↗
2026-04-01	Material agreement1.02Debt obligationExhibits	filing ↗
2026-01-27	ResultsExhibits	filing ↗
2025-10-23	ResultsExhibits	filing ↗
2025-08-12	Debt obligationOtherExhibits	filing ↗
2025-07-21	ResultsExhibits	filing ↗
2025-06-11	Shareholder voteExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-05-19	2026-05-19	0001193125-26-230480 ↗
10-Q	2026-05-01	2026-03-31	0000882835-26-000019 ↗
8-K	2026-04-23	2026-04-23	0000882835-26-000015 ↗
8-K	2026-04-01	2026-03-30	0001193125-26-138072 ↗
10-K	2026-02-24	2025-12-31	0000882835-26-000009 ↗
8-K	2026-01-27	2026-01-27	0000882835-26-000003 ↗
10-Q	2025-10-31	2025-09-30	0000882835-25-000045 ↗
8-K	2025-10-23	2025-10-23	0000882835-25-000041 ↗
8-K	2025-08-12	2025-08-12	0001193125-25-178683 ↗
10-Q	2025-08-01	2025-06-30	0000882835-25-000036 ↗
8-K	2025-07-21	2025-07-21	0000882835-25-000031 ↗
8-K	2025-06-11	2025-06-10	0001193125-25-139176 ↗