Long-Term Debt

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt

On August 12, 2025, the Company completed a public offering of $500.0 aggregate principal amount of 4.250% senior unsecured notes due September 15, 2028 (the “2028 Notes”), $500.0 aggregate principal amount of 4.450% senior unsecured notes due September 15, 2030 (the “2030 Notes”), and $1,000.0 aggregate principal amount of 5.100% senior unsecured notes due September 15, 2035 (the “2035 Notes” and, collectively with the 2028 Notes and the 2030 Notes, the “Notes”). The net proceeds from the issuance of the Notes were used to repay a portion of the borrowings outstanding under our unsecured credit facility associated with our 2025 acquisitions, as well as to repay a portion of the senior notes due in 2025.

Each series of Notes bears interest at a fixed rate. Interest on the Notes will be payable semi-annually in arrears on March 15 and September 15 of each year, beginning March 15, 2026.

Roper may redeem some or all of the Notes at any time or from time to time, at 100% of their principal amount, plus a make-whole premium based on a spread to U.S. Treasury securities. Roper is also entitled to redeem some or all of the Notes at 100% of their principal amount plus accrued and unpaid interest, on or after applicable par call dates in advance of maturity.

The Notes are unsecured senior obligations of the Company and rank equally in right of payment with all of Roper’s existing and future unsecured senior indebtedness. The Notes are effectively subordinated in right of payment to any of our future secured indebtedness to the extent of the value of the collateral securing such indebtedness. The Notes are not guaranteed by any of Roper’s subsidiaries and are effectively subordinated in right of payment to all existing and future indebtedness and other liabilities of Roper’s subsidiaries.

On September 15, 2025, $700.0 of 1.000% senior notes due 2025 were repaid at maturity using borrowings under our unsecured revolving credit facility and a portion of the net proceeds from the issuance of the Notes.