该报告暂无中文版，以下为英文版分析。
按公开的固定规则计算，不是模型的主观判断——但其中一项输入（高等级风险的条数）取自下方的 AI 分析。
非投资建议，也不是目标价——评的是本季基本面，不是股价。 完整方法论 →
AI核心结论
ROP (Roper Technologies) delivered strong Q1 FY2026 results with revenue up 11.3% YoY to $2.10B and net income surging 53.7% to $508.9M, driven by robust gross margin expansion and a significant share buyback program, though long-term debt rose sharply by 51.0%.
营收
20.95亿美元
同比 +11.29%
每股收益（稀释）
4.87美元
同比 +59.15%
毛利率
69.4%
同比 +0.7 个百分点
营业利润
5.7亿美元
同比 +8.33%
SEC XBRL 原值
Roper Technologies (ROP) Q1 FY2026 营收 20.95亿美元，同比增长 11.3%。 营业利润率 27.2%，较去年同期的 27.9% 收窄 0.7 个百分点。 经营活动现金流 5.92亿美元，同比增长 12.0%。 ROP 的财年 Q1 FY2026 对应日历 Q1 2026。
近 3 个季度：3 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 5.38 | 5.34 | 超预期 +0.8% |
| 2026年3月本次财报 | 5.16 | 5.03 | 超预期 +2.6% |
| 2025年12月 | 5.21 | 5.19 | 超预期 +0.4% |
2026年3月 调整后（非 GAAP） EPS 5.16美元，分析师一致预期 5.03美元，超预期 +2.6%。 分析师一致预期按市场通行的调整后（非 GAAP）口径。本季 GAAP 稀释每股收益为 4.87美元。
由 AI 基于本次 SEC 报告整理
ROP posted Q1 FY2026 revenue of $2.10B, up 11.3% YoY from $1.88B, reflecting continued demand strength across its software and technology segments. Gross profit grew even faster at 12.4% YoY to $1.45B, indicating favorable business mix.
来源: 10-Q Income Statement
Net income jumped 53.7% YoY to $508.9M, significantly outpacing operating income growth of 8.3%, suggesting meaningful contributions from below-the-line items such as gains on investments or reduced interest expense relative to prior year. EPS (diluted) rose 59.2% to $4.87.
来源: 10-Q Income Statement
SG&A expenses grew 15.1% YoY to $884.2M, outpacing revenue growth of 11.3%, which compressed operating margin by approximately 70 basis points to 27.2% from 27.9% in the prior year period.
来源: 10-Q Income Statement
ROP executed $1.50B in share repurchases in Q1 FY2026, compared to zero in Q1 FY2025, which contributed to the outsized EPS growth and was a primary driver of the 114.0% increase in financing cash outflows to -$444.7M.
来源: 10-Q Cash Flow Statement
Long-term debt rose 51.0% YoY to $9.75B, likely funding the large share buyback program. Total liabilities increased 29.0% YoY to $15.73B, while stockholders' equity declined 2.1% to $18.82B, resulting in a debt-to-equity ratio of 0.84.
来源: 10-Q Balance Sheet
由 AI 基于本次 SEC 报告整理 · 高 1 中 3 低 1
Long-term debt surged 51.0% YoY to $9.75B, substantially increasing ROP's financial leverage. With a debt-to-equity ratio of 0.84 and rising interest obligations, the company's ability to service debt could be pressured if operating cash flows deteriorate. This limits financial flexibility for future acquisitions, which are central to ROP's growth strategy.
来源: 10-Q Balance Sheet
ROP's current ratio stands at 0.53, meaning current liabilities of $3.58B significantly exceed current assets of $1.91B. While this is common for software-heavy businesses with deferred revenue, it leaves limited buffer for unexpected short-term cash needs. Cash and equivalents of only $382.9M further underscore the tight near-term liquidity position.
来源: 10-Q Balance Sheet
SG&A expenses grew 15.1% YoY versus revenue growth of 11.3%, creating operating margin headwinds of approximately 70 basis points. If this trend persists, it could erode the company's historically strong profitability profile and pressure free cash flow generation over time.
来源: 10-Q Income Statement
ROP's total assets of $34.55B vastly exceed tangible assets, implying a large portion consists of goodwill and intangibles from prior acquisitions. Any deterioration in acquired business performance could trigger impairment charges, materially impacting reported earnings and equity. The company's growth model depends heavily on successful integration of acquired software businesses.
来源: 10-Q Balance Sheet
Despite net income of $508.9M, ROE stands at only 2.70% and ROA at 1.47%, reflecting the capital-intensive nature of ROP's acquisition-driven balance sheet. These low returns on capital may concern investors evaluating the long-term efficiency of the company's capital allocation strategy.
来源: 10-Q Key Ratios
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 20.95 亿美元 | 18.83 亿美元 | +11.29% |
营业成本 亿美元 | 6.42 亿美元 | 5.89 亿美元 | +8.89% |
毛利润 亿美元 | 14.54 亿美元 | 12.94 亿美元 | +12.38% |
营业利润 亿美元 | 5.70 亿美元 | 5.26 亿美元 | +8.33% |
净利润 亿美元 | 5.09 亿美元 | 3.31 亿美元 | +53.70% |
每股收益（基本） 美元 | 4.88 美元 | 3.08 美元 | +58.44% |
每股收益（稀释） 美元 | 4.87 美元 | 3.06 美元 | +59.15% |
销售及管理费用 亿美元 | 8.84 亿美元 | 7.68 亿美元 | +15.15% |
答案基于本次 SEC 报告与本页数据