Roper Technologies Inc (NASDAQ: ROP) |
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Description of Roper Technologies Inc's Business Segments
Scientific and Industrial Imaging
Our Scientific and Industrial Imaging segment principally offers high performance
digital imaging products and software, patient positioning products and software
in medical applications and handheld and vehicle mount computers and software.
These products and solutions are provided through five U.S-based and one Canadian-based
operating units.
Digital Imaging Products and Software - We manufacture and sell extremely sensitive,
high-performance charged couple device (“CCD”) and complementary
metal oxide semiconductor (“CMOS”) cameras, detectors and related
software for a variety of scientific and industrial uses, which require high
resolution and/or high speed digital video, including transmission electron
microscopy and spectroscopy applications. We principally sell these products
for use within academic, government research, semiconductor, security, automotive,
and other end-user markets such as biological and material science. They are
frequently incorporated into products by OEMs.
Patient Positioning Products and Software - We manufacture and sell patient
positioning devices, image-guided therapy software and supply diagnostic and
therapeutic disposable products used in conjunction with ultrasound imaging
for minimally invasive medical procedures.
Handheld and Vehicle Mount Computers and Software - We manufacture and sell
fully rugged handheld and vehicle mount computers for utility, principally water
management, and non-utility markets and we develop and sell software to assist
in utility meter reading and service order management.
Energy Systems and Controls
Our Energy Systems and Controls segment principally produces control systems,
fluid properties testing equipment, industrial valves and controls, vibration
and other non-destructive inspection and measurement products and solutions,
which are provided through six U.S.-based operating units.
Control Systems - We manufacture control systems and panels and provide related
engineering and commissioning services for turbomachinery applications, predominately
in energy markets.
Fluid Properties Testing Equipment - We manufacture and sell automated and manual
test equipment to determine physical and elemental properties, such as sulfur
and nitrogen content, flash point, viscosity, freeze point and distillation,
of liquids and gases for the petroleum and other industries.
Industrial Valves and Controls - We manufacture and distribute a variety of
valves, sensors, switches and control products used on engines, compressors,
turbines and other powered equipment for the oil and gas, pipeline, power generation,
marine engine and general industrial markets. Many of these products are designed
for use in hazardous environments.
Sensors and Controls - We manufacture sensors and control equipment including
pressure sensors, temperature sensors, measurement instruments and control software
for global rubber, plastics and process industries.
Non-destructive Inspection and Measurement Instrumentation - We manufacture
non-destructive inspection and measurement solutions including measurement probes,
robotics, and vibration sensors, switches and transmitters. These solutions
are applied principally in energy markets. Many of these products are designed
for use in hazardous environments.
Industrial Technology
Our Industrial Technology segment produces industrial pumps, equipment and consumables
for materials analysis, industrial leak testing equipment, flow measurement
and metering equipment and water meter and automatic meter reading (“AMR”)
products and systems. These products and solutions are provided through six
U.S.-based and two European-based operating units.
Industrial Pumps - We manufacture and distribute a wide variety of pumps. These
pumps vary significantly in complexity and in pumping method employed, which
allows for the movement and application of a diverse range of liquids and solids
including low and high viscosity liquids, high solids content slurries and chemicals.
Our pumps are used in large and diverse sets of end markets such as oil and
gas, agricultural, water and wastewater, chemical and general industrial.
Materials Analysis Equipment and Consumables - We manufacture and sell equipment
and supply various types of consumables necessary to prepare materials samples
for testing and analysis. These products are used mostly within the academic,
government research, electronics, material science, basic materials, steel and
automotive end-user markets.
Industrial Leak Testing Equipment - We manufacture and sell products and systems
to test for leaks and confirm the integrity of assemblies and sub-assemblies
in automotive, medical, industrial and consumer products applications.
Flow Measurement Equipment - We manufacture and distribute turbine and positive
displacement flow meters, emissions measurement equipment and flow meter calibration
products for aerospace, automotive, power generation and other industrial applications.
Water Meter and AMR Products and Systems - We manufacture and distribute several
classes of water meter products serving the residential, and certain commercial
and industrial water management markets, and several lines of automatic meter
reading products and systems serving these markets.
RF Technology
Our RF Technology segment provides radio frequency identification (“RFID”)
and other communication related technology and software solutions that are used
primarily in comprehensive toll and traffic systems and processing, security
and access control, campus card systems, freight matching, mobile asset tracking
and water sub-metering and remote monitoring applications. These products and
solutions are provided through six U.S.-based and one European-based operating
units.
Toll and Traffic Systems - We manufacture and sell toll tags and monitoring
systems as well as provide transaction and violation processing services for
toll and traffic systems to both governmental and private sector entities. In
addition, we provide intelligent traffic systems that assist customers in improving
traffic flow and infrastructure utilization.
Freight Matching - We maintain an electronic marketplace that matches available
capacity of trucking units with the available loads of freight to be moved from
location to location throughout North America.
Card Systems/Integrated Security Solutions - We provide card systems and integrated
security solutions to education, health care and various other markets. In the
education and health care markets, we also provide an integrated nutrition management
solution.
Composition of Roper Technologies Inc Revenues by
Segments |
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Application Software |
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56.74 % |
of total Revenue |
Network Software |
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19.97 % |
of total Revenue |
Technology Enabled Products |
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23.3 % |
of total Revenue |
Total Software Revenue |
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77.18 % |
of total Revenue |
Total Software Revenue Application Software |
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56.74 % |
of total Revenue |
Total Software Revenue Network Software |
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19.97 % |
of total Revenue |
Total Software Revenue Technology Enabled Products |
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0.47 % |
of total Revenue |
Recurring |
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55.96 % |
of total Revenue |
Recurring Application Software |
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40.87 % |
of total Revenue |
Recurring Network Software |
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14.62 % |
of total Revenue |
Recurring Technology Enabled Products |
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0.47 % |
of total Revenue |
Reoccurring |
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10.71 % |
of total Revenue |
Reoccurring Application Software |
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7.11 % |
of total Revenue |
Reoccurring Network Software |
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3.6 % |
of total Revenue |
Non-recurring |
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10.51 % |
of total Revenue |
Non-recurring Application Software |
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8.76 % |
of total Revenue |
Non-recurring Network Software |
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1.75 % |
of total Revenue |
Product Revenue |
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22.83 % |
of total Revenue |
Product Revenue Technology Enabled Products |
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22.83 % |
of total Revenue |
Q1 three months ended (Mar 31 2025)
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Revenues by Business Segments |
Revenues (in millions $) |
%
(of total Revenues) |
Application Software |
1,068.20 |
56.74 % |
Network Software |
375.90 |
19.97 % |
Technology Enabled Products |
438.70 |
23.3 % |
Total Software Revenue |
1,453.00 |
77.18 % |
Total Software Revenue Application Software |
1,068.20 |
56.74 % |
Total Software Revenue Network Software |
375.90 |
19.97 % |
Total Software Revenue Technology Enabled Products |
8.90 |
0.47 % |
Recurring |
1,053.60 |
55.96 % |
Recurring Application Software |
769.40 |
40.87 % |
Recurring Network Software |
275.30 |
14.62 % |
Recurring Technology Enabled Products |
8.90 |
0.47 % |
Reoccurring |
201.60 |
10.71 % |
Reoccurring Application Software |
133.90 |
7.11 % |
Reoccurring Network Software |
67.70 |
3.6 % |
Non-recurring |
197.80 |
10.51 % |
Non-recurring Application Software |
164.90 |
8.76 % |
Non-recurring Network Software |
32.90 |
1.75 % |
Product Revenue |
429.80 |
22.83 % |
Product Revenue Technology Enabled Products |
429.80 |
22.83 % |
Total |
1,882.70 |
100 % |
Q1 three months ended (Mar 31 2025) |
Revenue Growth rates by Segment |
Y/Y Revenue % |
Q/Q Revenue % |
Application Software |
19.33 % |
- |
Network Software |
1.38 % |
- |
Technology Enabled Products |
5.79 % |
- |
Total Software Revenue |
14.27 % |
- |
Total Software Revenue Application Software |
19.33 % |
- |
Total Software Revenue Network Software |
1.38 % |
- |
Total Software Revenue Technology Enabled Products |
58.93 % |
- |
Recurring |
8.96 % |
- |
Recurring Application Software |
10.93 % |
- |
Recurring Network Software |
2.8 % |
- |
Recurring Technology Enabled Products |
58.93 % |
- |
Reoccurring |
64.98 % |
- |
Reoccurring Application Software |
149.81 % |
- |
Reoccurring Network Software |
-1.31 % |
- |
Non-recurring |
8.44 % |
- |
Non-recurring Application Software |
11.42 % |
- |
Non-recurring Network Software |
-4.36 % |
- |
Product Revenue |
5.06 % |
- |
Product Revenue Technology Enabled Products |
5.06 % |
- |
Total |
- |
- |
Q1 three months ended (Mar 31 2025) |
Income by Business Segments |
Income (in millions $) |
% (Profit Margin) |
Total |
331.10 |
17.59 % |
Q1 three months ended (Mar 31 2025) |
Income Growth rates by Segment |
Y/Y Income % |
Q/Q Income % |
Total |
- |
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Annual Report on Roper Technologies Inc Divisions, Sales by Country |
Twelve months ended 2024
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ROP s Annual Revenue by Geography and Business Segments |
Sales (in millions $) |
% (of total Sales) |
Total |
7,038.30 |
100 % |
Twelve months ended 2024
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ROP s Annual Income by Country and Business Segments |
Income (in millions $) |
% (Profit Margin) |
Total |
1,549.30 |
22.01 % |
Twelve months ended 2024
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Annual Revenue and Income Growth by Country and Business Segments |
% Y/Y Sales Growth |
% Y/Y Income Growth |
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