Roper Technologies is a software-driven industrial holding company with a perfect four-quarter earnings beat streak, 127% free-cash-flow-to-net-income conversion, and 21% analyst upside, currently in a technical downtrend from a death cross that may offer a patient accumulation window for investors in a proven compounder.
Thesis pillars
- Perfect Earnings Beat Streak Software→Stable
- Superior Free Cash Flow Conversion→Stable
- Sole Source Supplier Supply Chain→Stable
- +1 more pillar — see the Why tab for full reasoning
Roper Technologies, Inc. (ROP) Stock Analysis
Recovery setup · Catalyst-Driven edge
Technology · Software - Application
Hold if already holding. Not a fresh buy at $365.00, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole source suppliers; Below 200-MA, MA slope -6.7%/30d (confirmed downtrend).
Roper Technologies designs and develops vertical software and technology-enabled products across three segments: Application Software (57% of 2025 net revenues, $4.48 billion), Network Software (20%, $1.60 billion), and Technology Enabled Products (23%, $1.82 billion). The... Read more
Hold if already holding. Not a fresh buy at $365.00, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole source suppliers; Below 200-MA, MA slope -6.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 73. Maintain position. Not compelling to add more. Score 5.9/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 20d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Roper Technologies, Inc.
About Roper Technologies, Inc.
Roper Technologies split $7.9 billion in 2025 net revenues across three segments — Application Software at 56.7% ($4.48 billion), Technology Enabled Products at 23.0% ($1.82 billion), and Network Software at 20.3% ($1.60 billion) — with no single customer accounting for 10% or more of any segment or total net revenues. The company employed approximately 19,400 people worldwide at December 31, 2025 and deployed roughly $8.96 billion toward acquisitions over the past three years, including CentralReach (ABA therapy SaaS) for about $1.85 billion in 2025 and Subsplash (faith-based SaaS) for about $800 million.
Roper earns recurring software subscription and maintenance revenue across niche end markets including law firms (Aderant, Deltek), healthcare (Clinisys, Data Innovations, Strata, MHA), K-12 education (Frontline), commercial freight matching (DAT), property and casualty insurance (Vertafore), and faith-based organizations (Subsplash). The Technology Enabled Products segment — covering medical devices (Verathon, CIVCO Medical Solutions), precision measurement (Northern Digital), and water metering (Neptune) — adds hardware revenue with recurring software components. Distribution occurs primarily through direct sales offices, manufacturers' representatives, resellers, and distributors. Roper faces no single competitor across a significant number of product lines, competing on product quality, applications expertise, and customer service in each niche. Total remaining performance obligations stood at $5.2 billion at December 31, 2025, up from $4.75 billion in 2024.
Show full overview
Roper's Technology Enabled Products segment carries sole-source component risk: the 10-K acknowledges that for certain products, transitioning to alternative suppliers would require significant time, redesign, and capital investment, or may not be feasible. A separate exposure sits in the SaaS portfolio — Application Software and Network Software rely on cloud platforms including Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud, and the filing notes that concentration with a limited number of providers increases exposure to outages and pricing changes. These dual dependencies are distinct: the hardware sole-source risk is product-specific, while the cloud-platform exposure cuts across the entire software business.
See also: Technology · Software - Application
From Roper Technologies, Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-07-06Recent Developments — Roper Technologies, Inc.
Latest news
- NEWS Truist reiterates Buy on Roper Industries stock ahead of earnings - Investing.com — Investing.com positive
- NEWS Truist reiterates Buy on Roper Industries stock ahead of earnings By Investing.com - Investing.com Canada — Investing.com Canada positive
- NEWS Oakmark Fund Picks Roper Technologies (ROP) on Varied Growth Drivers - Yahoo Finance — Yahoo Finance positive
- NEWS Foster Victor Wealth Advisors LLC Buys Shares of 17,384 Roper Technologies, Inc. $ROP - MarketBeat — MarketBeat positive
- NEWS Oakmark Fund picks Roper Technologies (ROP) on varied growth drivers - MSN — MSN positive
Generated 2026-07-06T04:40:27Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHSuppliersole source suppliers10-K Item 1A: 'some of our products are provided by sole source suppliers and our SaaS offerings are increasingly reliant on a limited number of third-party cloud computing platforms'
- MEDIUMSupplierAmazon Web Services, Google Cloud Platform, Microsoft Azure, Oracle Cloud10-K Item 1A: 'cloud platforms, such as Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud...concentration with a limited number of providers increases exposure'
Material Events(8-K, last 90d)
- 2026-05-19Item 5.02LOWShareholders approved amendment to the 2021 Incentive Plan at May 19, 2026 annual meeting in Sarasota, Florida; amended plan authorizes 14.15 million new shares for equity compensation awards.SEC filing →
- 2026-04-01Item 1.01LOWOn March 30, 2026, Roper entered a new five-year $3.50 billion unsecured revolving credit facility replacing the July 2022 facility; JPMorgan Chase Bank, N.A. is administrative agent; $1.00 billion accordion option included.SEC filing →
- 2026-04-01Item 1.02MEDIUMTermination of existing $3.50 billion unsecured credit facility dated July 21, 2022, upon entry into replacement credit facility on March 30, 2026.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $365.00, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: sole source suppliers; Below 200-MA, MA slope -6.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 73. Maintain position. Not compelling to add more. Target $406.55 (+11.4%), stop $344.14 (−6.1%), A.R:R 1.0:1. Score 5.9/10, moderate confidence.
Take-profit target: $406.55 (+11.6% upside). Target $406.55 (+11.4%), stop $344.14 (−6.1%), A.R:R 1.0:1. Stop-loss: $344.14.
Concentration risk — Supplier: sole source suppliers; Below 200-MA, MA slope -6.7%/30d (confirmed downtrend).
Roper Technologies, Inc. trades at a P/E of 22.7 (forward 15.3). TrendMatrix value score: 6.0/10. Verdict: Hold.
25 analysts cover ROP with a consensus score of 3.6/5. Average price target: $452.
What does Roper Technologies, Inc. do?Roper Technologies designs and develops vertical software and technology-enabled products across three segments:...
Roper Technologies designs and develops vertical software and technology-enabled products across three segments: Application Software (57% of 2025 net revenues, $4.48 billion), Network Software (20%, $1.60 billion), and Technology Enabled Products (23%, $1.82 billion). The company serves defensible niche markets including legal, healthcare, K-12 education, and construction, employing approximately 19,400 people worldwide.