TacticScaleWhat Roper Technologies Does & How It Makes Money (ROP)
Updated October 2026 · reflects Roper Technologies's latest reported financials
Diversified vertical software and niche technology products company. It earns most of its revenue from software licenses, cloud/SaaS subscriptions, and transaction-based payment processing across niche vertical markets, plus sales of specialized hardware and medical products through direct sales, representatives, resellers, and distributors.
How Roper Technologies makes money
It earns most of its revenue from software licenses, cloud/SaaS subscriptions, and transaction-based payment processing across niche vertical markets, plus sales of specialized hardware and medical products through direct sales, representatives, resellers, and distributors.
What Roper Technologies does
Roper Technologies, founded in 1981 and based in Sarasota, Florida, runs a portfolio of vertical software and technology-enabled product businesses. It was known as Roper Industries until 2015. Its Application Software segment covers laboratory information management, K-12 school administration, transportation management, financial and compliance tools, integrated payments, campus technology, P&C insurance software, and foodservice technology. Its Network Software segment includes construction estimating and collaboration software, electronic marketplaces, visual effects and 3D content software, life insurance analytics, supply chain, healthcare, pharmacy, and church management and giving platforms. The Technology Enabled Products segment makes specialized hardware: ultrasound accessories, dispensers and metering pumps, wireless sensor networks, surgical scrub and linen dispensing equipment, water meters, optical and electromagnetic measurement systems, RFID credential readers, and medical devices. Across all three segments, Roper focuses on niche markets where specialized, mission-critical products serve a narrow customer base.
Products & services
- Laboratory information management software
- K-12 school administration software
- Property & casualty insurance cloud software
- Construction estimating and collaboration software
- Pharmacy software solutions
- Water meters and metering pumps
What is Roper Technologies worth?
On an owner-earnings DCF, Roper Technologies's most-likely value is about $780 versus a recent price near $364 (114% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$290) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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