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Roper Technologies Inc ROP Stock Quote

| Rating as of

NYSE: ROP

Last close prices updated as of Feb 01, 2023, 2:42 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 426.75
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Large Blend
  • Day Range 420.25  –  430.86
  • Year Range 356.22  –  488.23
  • Market Cap 45.4603 Bil
  • Volume / Avg 419,121.0 /  438,541.1
  • Price / Sales 8.48
  • Price / Book 2.82
  • Forward Div Yield 0.64%
  • Trailing Div Yield 0.59%

Morningstar‘s Stock Analysis ROP

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Our Long-Term Roper Outlook Remains Unchanged Following Fourth Quarter Earnings

Joshua Aguilar Senior Analyst

Business Strategy and Outlook

| Joshua Aguilar |

Roper acquires software companies with large amounts of deferred revenue. Large quantities of deferred revenue exist because many software businesses receive cash far in advance of when services are rendered. Roper uses this cash to invest in businesses at incrementally higher rates of return. Its targets have large bases of recurring revenue in oligopolistic, niche markets with small total addressable markets. That revenue base is protected by strong switching costs that frequently post gross retention rates greater than 95%. Roper’s businesses typically don’t own their own infrastructure, which further contributes to its asset-light business model. From 2003 through today, Roper’s net working capital as a percentage of sales has dropped from 18% to negative 17%.

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Key Statistics ROP

Company Profile ROP

Business Description

Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm’s culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

Contact
6901 Professional Parkway East, Suite 200
Sarasota, FL, 34240
Industry Specialty Industrial Machinery
Employees 19,300

Related Articles ROP

FAQs for Roper Technologies Inc Stock

Yes. ROP has a forward dividend yield of 0.64%. See ROP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ROP’s market cap is 45.46 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ROP’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ROP’s price/sales is 8.48.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ROP’s price/forward earnings is 26.60.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ROP’s price/book is 2.82.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ROP’s valuation ratios compared to the Market Index.

ROP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ROP’s historical performance against its industry peers and the overall market.