Roper Technologies management check
ROP · Information Technology · Electronic Equipment & Instruments · CEO L. Neil Hunn
Filings as of
3 good · 3 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $106, against $258 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.77 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.7% of net income$26.2m of reported pay in fiscal 2025, against $1.5bn of net income.
- Watch
Do they own the stock?
Insiders are selling2 insiders sold $3.1m in the last six months and none bought.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.4% a year over the last three fiscal years. Stock-based pay was 2.1% of revenue in the latest year.
- Good
Is leadership stable?
4 leadership filings in 3 yearsCEO in the pay table: L. Neil Hunn. 4 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Information Technology.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 0 | 33 | |
| Pay for performance | 89 | 87 | |
| CEO cost | 31 | 35 | |
| Skin in the game | — | — | 47 |
| Dilution | 45 | 56 | |
| Stable leadership | 100 | 85 | |
| Clean books | 100 | 100 |
Closest peers
Others in Electronic Equipment & Instruments, by management score. Roper Technologies is 38th of 73 in its sector.
Pay versus performance
From the proxy statement filed April 7, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | L. Neil Hunn | $26.2m | $3.9m | $9.7m | $106 | $258 | $1.5bn |
| 2024 | — | $23.7m | $14.6m | $8.0m | $123 | $208 | $1.5bn |
| 2023 | — | $41.3m | $58.8m | $4.6m | $129 | $152 | $1.4bn |
| 2022 | — | $21.9m | $8.4m | $6.1m | $101 | $97 | $4.5bn |
| 2021 | — | $21.5m | $34.6m | $6.0m | $115 | $135 | $1.2bn |
The board says pay is tied most to Adjusted Free Cash Flow. Its other key measures: Adjusted EBITDA, Adjusted Net Earnings, Relative Total Shareholder Return.
Insiders and the CEO's stake
2 insiders sold $3.1m in the last six months and none bought.
- SoldRichard F WallmanDirector$2.3mJul 24, 2026
- SoldJohn K StipancichEVP, Chief Legal Officer & Sec$758kJul 27, 2026
Leadership and governance on file
- Oct 1, 2026Leadership change8-K 5.02
- May 19, 2026Leadership change8-K 5.02
- Apr 14, 2025Leadership change8-K 5.02
- Apr 8, 2024Leadership change8-K 5.02
- Jan 13, 2023Leadership change8-K/A 5.02
- Dec 15, 2022Leadership change8-K/A 5.02
- Nov 15, 2022Leadership change8-K 5.02
- Mar 17, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 19, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $2.0bn returned to owners in buybacks and dividends, 19% of net income, and $677.2m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.8bn | $5.4bn | $6.2bn | $7.0bn | $7.9bn |
| Net income | $1.2bn | $4.5bn | $1.4bn | $1.5bn | $1.5bn |
| Stock-based pay | $123.0m | $118.5m | $123.5m | $145.9m | $166.3m |
| Buybacks | — | — | $0 | $0 | $500.0m |
| Dividends | $236.4m | $262.3m | $290.2m | $321.9m | $355.0m |
| Diluted shares | 107m | 107m | 107m | 108m | 108m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.