T. Rowe Price Group, Inc. TROW SPX
Financial Services · Asset Management · United States
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in North America, Europe, Asia, Australia.
READ MORE ›$104.53
+17.72% 1Y
Market & Price
Market Cap
$22.40B
Current Price
$104.53
High / Low (52W)
$107.41 / $86.19
Beta
1.53
Valuation
Stock P/E
11.22
Industry PE
12.01
Forward P/E
10.85
PEG Ratio
13.28
Book Value
$50.16
Price to Book
2.08
P/S
3.02
EV/EBITDA
6.91
Dividend Yield
4.97%
Profitability & Returns
ROCE
17.78%
ROE
18.69%
ROA
10.85%
Profit Margin
28.28%
Op Margin
37.18%
EPS (Latest Qtr)
$2.23
EPS (TTM)
$9.32
Balance Sheet & Liquidity
Debt/Equity
3.87
Quick Ratio
5.54
Current Ratio
5.54
Debt
$459.60M
Total Assets
$14.34B
Current Assets
$4.31B
Working Capital
$3.90B
Ownership
Promoter Holding
1.77%
Chg in Prom Hold
-
FII / Inst Holding
89.90%
Chg in FII Hold
0.01%
Financial Snapshot
Enterprise Value
$20.22B
Total Revenue (TTM)
$7.41B
EBITDA
$2.93B
Free Cash Flow
$1.88B
Operating Cash Flow
$1.94B
Shares Outstanding
214.27M
Gross Margin
52.00%
Payout Ratio
54.83%
Growth (CAGR)
Revenue 5Y
4.08%
Profit 5Y
10.24%
Revenue (YoY)
5.30%
Earnings (YoY)
3.70%
PROS
- Excellent profit margin of 28.3%.
- Profit CAGR of 10.2% over 5 years.
- Attractive dividend yield of 4.97%.
- Generates positive free cash flow.
CONS
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TROW T. Rowe Price Group, Inc. SPX | 104.53 | 11.22 | $22.40B | 4.97% | 17.78% | 18.69% | 4.08% | 10.24% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
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Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 1.13B | 1.19B | 1.24B | 1.30B | 1.33B | 1.34B | 1.39B | 1.30B | 1.33B | 1.40B | 1.43B | 1.47B | 1.46B | 1.42B | 1.60B | 1.73B | 1.83B | 1.93B | 1.95B | 1.86B | 1.51B | 1.59B | 1.54B | 1.61B | 1.67B | 1.75B | 1.73B | 1.79B | 1.76B | 1.72B | 1.89B | 1.93B | 1.86B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 841.90M | 895.00M | 888.80M | 938.80M | 833.30M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 922.00M | 828.30M | 1.00B | 995.30M | 1.02B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 297.00M | 318.80M | 306.20M | 350.90M | 315.20M |
| Operating Income | 507.80M | 458.30M | - | 410.90M | 283.50M | 475.70M | - | 521.70M | 507.60M | 548.50M | 531.00M | 583.80M | 594.70M | 640.60M | - | 532.50M | 615.10M | 659.10M | - | 707.20M | 553.70M | 728.90M | - | 893.20M | 958.10M | 996.20M | 877.40M | 668.60M | 574.60M | 484.20M | 533.50M | 581.30M | 586.60M | 564.70M | 613.60M | 625.00M | 509.50M | 698.50M | 644.40M | 708.50M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 688.60M | 695.20M | 698.50M | 1.05B | 777.30M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 667.00M | 713.80M | 881.60M | 613.10M | 632.20M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 161.90M | 157.70M | 195.10M | 152.50M | 148.10M |
| Net Income | 333.20M | 277.10M | 303.20M | 304.10M | 203.30M | 327.80M | 379.80M | 385.90M | 373.90M | 390.90M | 347.10M | 453.70M | 448.90M | 583.00M | 351.90M | 512.60M | 527.50M | 545.90M | 545.30M | 343.10M | 603.00M | 643.20M | 783.40M | 749.40M | 815.70M | 777.20M | 567.90M | 339.60M | 384.40M | 421.50M | 476.40M | 453.20M | 573.80M | 483.40M | 603.00M | 490.50M | 505.20M | 646.10M | 445.30M | 498.20M |
| Diluted EPS | 1.24 | 1.06 | 1.17 | 1.18 | 0.79 | 1.28 | 1.50 | 1.54 | 1.50 | 1.56 | 1.37 | 1.77 | 1.77 | 2.30 | 1.41 | 2.09 | 2.15 | 2.23 | 2.24 | 1.41 | 2.55 | 2.73 | 3.33 | 3.17 | 3.46 | 3.31 | 2.41 | 1.46 | 1.66 | 1.83 | 2.06 | 1.97 | 2.49 | 2.11 | 2.64 | 2.15 | 2.24 | 2.87 | 1.99 | 2.23 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 4.28B | 4.85B | 5.37B | 5.62B | 6.21B | 7.67B | 6.49B | 6.46B | 7.09B | 7.31B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.92B | 3.25B | 3.41B | 3.56B |
| Gross Profit | 2.23B | 2.12B | 1.87B | 2.37B | 2.75B | - | - | - | - | - | - | - | - | - | - | 3.57B | 3.21B | 3.68B | 3.75B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07B | 1.17B | 1.21B | 1.27B |
| Operating Income | 996.40M | 848.50M | 701.60M | 1.04B | 1.23B | 1.36B | 1.64B | 1.89B | 1.90B | 1.73B | 2.11B | 2.36B | 2.39B | 2.75B | 3.71B | 2.50B | 2.04B | 2.48B | 2.48B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.14B | 2.52B | 2.98B | 3.08B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.95B | 2.49B | 2.82B | 2.88B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 498.60M | 654.60M | 683.80M | 667.20M |
| Net Income | 670.60M | 490.80M | 433.60M | 672.20M | 773.20M | 883.60M | 1.05B | 1.23B | 1.22B | 1.22B | 1.50B | 1.84B | 2.13B | 2.37B | 3.08B | 1.56B | 1.79B | 2.10B | 2.09B |
| Diluted EPS | - | 1.81 | 1.65 | 2.53 | 2.92 | 3.36 | 3.90 | 4.55 | 4.63 | 4.75 | 5.97 | 7.27 | 8.70 | 9.98 | 13.12 | 6.70 | 7.76 | 9.15 | 9.24 |
Compounded Sales Growth
| 5 Years: | 4.08% |
| 1 Year: | 5.30% |
Compounded Profit Growth
| 5 Years: | 10.24% |
| 1 Year: | 3.70% |
Stock Price Performance
| 1 Year: | +17.72% |
| 6 Months: | +6.19% |
| 3 Months: | +12.11% |
| 1 Month: | +4.04% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 2.82B | 3.21B | 3.64B | 3.77B | 4.20B | 5.03B | 5.64B | 5.11B | 6.22B | 7.54B | 7.69B | 9.33B | 10.66B | 12.51B | 11.64B | 12.28B | 13.47B | 14.34B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.50B | 2.87B | 3.53B | 4.31B |
| Cash & Equivalents | 733.00M | 785.10M | 619.10M | 743.30M | 813.10M | 897.90M | 879.10M | 1.40B | 1.51B | 1.17B | 1.20B | 1.90B | 1.43B | 1.78B | 2.15B | 1.52B | 1.76B | 2.07B | 2.65B | 3.38B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 748.70M | 807.90M | 877.40M | 931.20M |
| Total Liabilities | - | - | 330.60M | 328.10M | 345.50M | 349.60M | 356.70M | 215.00M | 249.20M | 344.90M | 529.20M | 718.20M | 824.70M | 1.11B | 1.39B | 2.26B | 1.96B | 1.99B | 2.02B | 2.29B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 452.70M | 489.10M | 440.60M | 407.60M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 329.60M | 308.50M | 278.70M | 447.20M |
| Total Equity | - | - | 2.49B | 2.88B | 3.30B | 3.42B | 3.85B | 4.82B | 5.40B | 4.76B | 5.01B | 5.82B | 6.12B | 7.10B | 7.71B | 9.02B | 8.84B | 9.51B | 10.35B | 10.86B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 224.31M | 223.94M | 222.97M | 218.56M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 758.00M | 741.80M | 535.60M | 732.80M | 948.40M | 902.80M | 1.23B | 1.34B | 1.53B | 170.50M | 229.50M | 1.62B | 1.52B | 1.92B | - | 2.36B | 1.22B | 1.69B | 1.75B |
| Investing Cash Flow | -344.70M | -125.00M | -166.70M | -276.90M | -165.00M | -310.10M | -437.50M | -443.40M | 109.00M | 106.20M | 39.00M | -875.50M | -324.50M | -36.30M | - | -41.50M | 128.20M | -177.50M | 230.30M |
| Financing Cash Flow | -401.20M | -782.80M | -244.70M | -386.10M | -698.60M | -611.50M | -276.80M | -792.40M | -1.97B | -176.40M | 461.50M | -1.24B | -832.70M | -1.49B | - | -2.08B | -1.08B | -936.60M | -1.28B |
| Capital Expenditure | -145.60M | -144.10M | -133.90M | -118.00M | -82.30M | -76.90M | -105.80M | -126.20M | -151.30M | -148.30M | -186.10M | -168.50M | -204.60M | -214.60M | - | -237.60M | -307.90M | -423.40M | -274.20M |
| Free Cash Flow | 612.40M | 597.70M | 401.70M | 614.80M | 866.10M | 825.90M | 1.13B | 1.22B | 1.38B | 22.20M | 43.40M | 1.45B | 1.32B | 1.70B | - | 2.12B | 911.20M | 1.26B | 1.48B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 241.00M | 268.70M | 571.50M | 706.30M |
| Share Buybacks | 312.10M | 614.20M | 71.00M | 240.00M | 479.70M | 135.20M | 14.10M | 415.50M | 987.80M | 676.90M | 458.10M | 1.09B | 705.80M | 1.20B | 1.14B | 849.80M | 254.40M | 337.20M | 620.90M |
| Dividends Paid | - | - | - | 278.90M | 317.90M | 603.40M | 396.70M | 462.10M | 1.06B | 540.80M | 563.10M | 694.30M | 733.90M | 845.80M | 1.70B | 1.11B | 1.12B | 1.14B | 1.14B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55.0% | 49.6% | 51.9% | 51.3% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | 40.5% | 43.4% | 44.0% | 42.5% | 44.2% | 48.4% | 38.5% | 31.5% | 34.9% | 33.9% |
| Net Margin % | - | - | - | - | - | - | - | - | - | 28.4% | 30.9% | 34.2% | 37.9% | 38.2% | 40.2% | 24.0% | 27.7% | 29.6% | 28.5% |
| ROE % | - | 19.7% | 15.0% | 20.4% | 22.6% | 23.0% | 21.7% | 22.8% | 25.7% | 24.3% | 25.7% | 30.0% | 30.0% | 30.8% | 34.2% | 17.6% | 18.8% | 20.3% | 19.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.3% | 17.3% | 19.0% | 17.8% |
Shareholding Pattern
Insiders
1.77%
Institutions
89.90%
Public Float
91.52%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 10.63% | 22.77M | $2.38B |
| 2 | State Street Corporation | 6.66% | 14.27M | $1.49B |
| 3 | Vanguard Capital Management LLC | 6.61% | 14.16M | $1.48B |
| 4 | Vanguard Portfolio Management LLC | 4.75% | 10.17M | $1.06B |
| 5 | Goldman Sachs Group Inc | 3.94% | 8.45M | $883.25M |
| 6 | Charles Schwab Investment Management, Inc. | 3.09% | 6.61M | $691.44M |
| 7 | Geode Capital Management, LLC | 2.93% | 6.29M | $657.11M |
| 8 | Sarofim, Fayez & Co | 2.07% | 4.44M | $463.63M |
| 9 | Invesco Ltd. | 1.92% | 4.12M | $430.34M |
| 10 | Morgan Stanley | 1.81% | 3.88M | $405.31M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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