Roper Technologies Sees Strong Growth, Expects 10% Sales Increase in 2025
Roper Technologies, Inc. (NASDAQ:ROP) has seen remarkable growth over the past decade, transforming into a software-focused business with impressive margin gains. The company generated $7 billion in sales in 2024 and currently has a market value of $54 billion and an enterprise valuation of $63 billion.
Roper's sales have been consistently increasing. In 2024, the company reported a 14% increase in sales to $7.04 billion, with adjusted earnings of $18.31 per share. This growth continued into 2025, with a 12% increase in first quarter sales and organic growth of 5%. In July 2025, Roper reported second quarter sales up 13% and adjusted earnings growth of 9%.
The company's revenue is categorized under three segments: application software ($3.8 billion), network software ($1.5 billion), and technology-enabled business ($1.7 billion). Roper focuses on market-leading positions in defensible niches, often involving low-capital intensity businesses that focus on technology. In 2025, Roper announced an $800 million deal to acquire Subsplash, an AI-enabled fintech solution provider, with a $115 million revenue contribution and high-teens organic growth rate.
For 2025, Roper expects 10% sales growth, 6-7% organic sales growth, and adjusted earnings of $19.75-$20.00 per share. Despite a 15% slip in its stock since March 2025, Roper's strong financial performance and strategic acquisitions indicate a promising future for the company.
