Roper Technologies, Inc. ROP is benefiting from strong momentum in its application software segment, driven by the strength of its Aderant, Deltek, Vertafore and PowerPlan businesses. It shows strength in the acute healthcare, property and casualty insurance and legal markets. In the fourth quarter of 2025, the Application Software segment contributed more than half of the company’s revenue, accounting for 56.3% of total revenue. In the same quarter, total revenue from this segment increased 10% year over year, while organic revenue grew 4%.
The growing adoption of SaaS solutions and continued GenAI innovation are key catalysts for Aderant’s growth. Solid demand for SaaS solutions in the private sector bodes well for Deltek’s business. The Vertafore business benefits from excellent business delivery capabilities to the largest customers in the market, which has also resulted in strong annual recurring revenue (ARR) growth. Strong customer loyalty and adoption of new SaaS solutions help PowerPlan operations. The solid momentum in the ILLUMIA business, driven by strong market execution, also bodes well for the segment.
Supported by strong operating performance, Roper expects organic revenues from the Application Software segment to increase by mid-single digits through 2026. The segment is expected to remain the company’s key business catalyst in the near term, supported by steady recurring revenues.
Among his most important colleagues, Autodesk, Inc.ADSK’s performance benefits from new business growth, steady subscription renewal rates and strong competitive performance. Increased demand for its cloud-based products, mobile solutions and design suites also bodes well for Autodesk. Autodesk’s aggressive push into cloud infrastructure and AI integration will require a substantial capital commitment for data centers, computing resources and specialized talent acquisition.
Roper’s other colleague, Atlassian Corp.TEAM AI-powered capabilities are being deployed quickly. Atlassia’s AI-powered Rovo platform and automation tools are driving significant growth across premium and enterprise editions, demonstrating high demand for AI-enhanced workflows. Atlassian’s latest focus on adding generative AI features to some of its collaboration software will likely boost sales in the long run.
Shares of Roper are down 1.4% over the past month, compared with the industry’s decline of 7.2%.
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From a valuation perspective, ROP trades at a forward price-to-earnings ratio of 16.73x, compared to the industry average of 18.92x. Roper has a value score of C.
