(TROW) T. Rowe Price - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74144T1088

Stock: Mutual Funds, Retirement Plans, Asset Management, Advisory Services

Total Rating 41
Risk 97
Buy Signal -0.31

EPS (Earnings per Share)

EPS (Earnings per Share) of TROW over the last years for every Quarter: "2020-12": 2.89, "2021-03": 3.01, "2021-06": 3.31, "2021-09": 3.27, "2021-12": 3.17, "2022-03": 2.62, "2022-06": 1.79, "2022-09": 1.86, "2022-12": 1.74, "2023-03": 1.69, "2023-06": 2.02, "2023-09": 2.17, "2023-12": 1.72, "2024-03": 2.38, "2024-06": 2.26, "2024-09": 2.57, "2024-12": 2.12, "2025-03": 2.23, "2025-06": 2.24, "2025-09": 2.81,

Revenue

Revenue of TROW over the last years for every Quarter: 2020-12: 1732.9, 2021-03: 1826.8, 2021-06: 1929.3, 2021-09: 1954.1, 2021-12: 1961.7, 2022-03: 1863, 2022-06: 1513, 2022-09: 1588.2, 2022-12: 1524.2, 2023-03: 1537.6, 2023-06: 1610.2, 2023-09: 1670.7, 2023-12: 1642, 2024-03: 1750.2, 2024-06: 1733.3, 2024-09: 1785.6, 2024-12: 1824.5, 2025-03: 1763.9, 2025-06: 1723.3, 2025-09: 1893.5,

Dividends

Dividend Yield 5.21%
Yield on Cost 5y 4.05%
Yield CAGR 5y -8.73%
Payout Consistency 91.9%
Payout Ratio 54.0%
Risk 5d forecast
Volatility 24.1%
Relative Tail Risk -5.38%
Reward TTM
Sharpe Ratio -0.13
Alpha -21.02
Character TTM
Beta 1.167
Beta Downside 1.025
Drawdowns 3y
Max DD 34.05%
CAGR/Max DD -0.03

Description: TROW T. Rowe Price December 19, 2025

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a publicly traded, globally diversified investment manager that offers equity and fixed-income mutual funds to individuals, retirement plans, financial intermediaries, and institutional clients. The firm employs a bottom-up investment process that blends fundamental and quantitative analysis, leverages both internal and external research, and incorporates ESG considerations across its portfolios. It also participates in late-stage venture capital deals, typically committing $3-5 million per transaction.

As of the most recent quarter, T. Rowe Price reported assets under management (AUM) of roughly $1.5 trillion, with net inflows of $12 billion driven largely by strong demand for actively managed fixed-income products amid a volatile interest-rate environment. The company’s revenue growth is closely tied to fee-based income, which benefits from a secular shift toward higher-margin advisory services, while fee compression from passive alternatives remains a sector-wide headwind. Additionally, the firm’s operating margin has stabilized near 30 % after cost-efficiency initiatives launched in 2022.

For a deeper quantitative assessment, you may want to explore ValueRay’s analyst tools to evaluate TROW’s valuation and risk profile.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 2.07b TTM > 0 and > 6% of Revenue
FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.02 > 1.0
NWC/Revenue: 57.43% < 20% (prev 53.41%; Δ 4.02% < -1%)
CFO/TA 0.10 > 3% & CFO 1.49b > Net Income 2.07b
Net Debt (-3.18b) to EBITDA (3.12b): -1.02 < 3
Current Ratio: 11.44 > 1.5 & < 3
Outstanding Shares: last quarter (219.7m) vs 12m ago -1.39% < -2%
Gross Margin: 64.49% > 18% (prev 0.51%; Δ 6398 % > 0.5%)
Asset Turnover: 50.68% > 50% (prev 50.42%; Δ 0.25% > 0%)
Interest Coverage Ratio: -6.04 > 6 (EBITDA TTM 3.12b / Interest Expense TTM -402.6m)

Altman Z'' 9.50

A: 0.28 (Total Current Assets 4.53b - Total Current Liabilities 396.2m) / Total Assets 14.73b
B: 0.73 (Retained Earnings 10.82b / Total Assets 14.73b)
C: 0.17 (EBIT TTM 2.43b / Avg Total Assets 14.22b)
D: 3.92 (Book Value of Equity 10.81b / Total Liabilities 2.76b)
Altman-Z'' Score: 9.50 = AAA

Beneish M -3.19

DSRI: 0.97 (Receivables 899.4m/890.0m, Revenue 7.21b/6.91b)
GMI: 0.79 (GM 64.49% / 50.63%)
AQI: 0.97 (AQ_t 0.60 / AQ_t-1 0.62)
SGI: 1.04 (Revenue 7.21b / 6.91b)
TATA: 0.04 (NI 2.07b - CFO 1.49b) / TA 14.73b)
Beneish M-Score: -3.19 (Cap -4..+1) = AA

What is the price of TROW shares?

As of February 01, 2026, the stock is trading at USD 105.68 with a total of 2,630,738 shares traded.
Over the past week, the price has changed by +0.05%, over one month by +1.97%, over three months by +4.74% and over the past year by -3.97%.

Is TROW a buy, sell or hold?

T. Rowe Price has received a consensus analysts rating of 2.79. Therefor, it is recommend to hold TROW.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 9
  • Sell: 4
  • StrongSell: 0

What are the forecasts/targets for the TROW price?

Issuer Target Up/Down from current
Wallstreet Target Price 107.8 2%
Analysts Target Price 107.8 2%
ValueRay Target Price 114.1 8%

TROW Fundamental Data Overview January 26, 2026

P/E Trailing = 11.5191
P/E Forward = 10.3627
P/S = 3.2211
P/B = 2.1316
P/EG = 4.9362
Revenue TTM = 7.21b USD
EBIT TTM = 2.43b USD
EBITDA TTM = 3.12b USD
Long Term Debt = 455.1m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 455.1m USD (from shortTermDebt, last quarter)
Debt = 455.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -3.18b USD (from netDebt column, last quarter)
Enterprise Value = 20.03b USD (23.21b + Debt 455.1m - CCE 3.63b)
Interest Coverage Ratio = -6.04 (Ebit TTM 2.43b / Interest Expense TTM -402.6m)
EV/FCF = 13.16x (Enterprise Value 20.03b / FCF TTM 1.52b)
FCF Yield = 7.60% (FCF TTM 1.52b / Enterprise Value 20.03b)
FCF Margin = 21.12% (FCF TTM 1.52b / Revenue TTM 7.21b)
Net Margin = 28.69% (Net Income TTM 2.07b / Revenue TTM 7.21b)
Gross Margin = 64.49% ((Revenue TTM 7.21b - Cost of Revenue TTM 2.56b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 48.06%)
Tobins Q-Ratio = 1.36 (Enterprise Value 20.03b / Total Assets 14.73b)
Interest Expense / Debt = 249.5% (Interest Expense 1.14b / Debt 455.1m)
Taxrate = 22.13% (195.1m / 881.6m)
NOPAT = 1.89b (EBIT 2.43b * (1 - 22.13%))
Current Ratio = 11.44 (Total Current Assets 4.53b / Total Current Liabilities 396.2m)
Debt / Equity = 0.04 (Debt 455.1m / totalStockholderEquity, last quarter 10.81b)
Debt / EBITDA = -1.02 (Net Debt -3.18b / EBITDA 3.12b)
Debt / FCF = -2.09 (Net Debt -3.18b / FCF TTM 1.52b)
Total Stockholder Equity = 10.53b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.54% (Net Income 2.07b / Total Assets 14.73b)
RoE = 19.63% (Net Income TTM 2.07b / Total Stockholder Equity 10.53b)
RoCE = 22.15% (EBIT 2.43b / Capital Employed (Equity 10.53b + L.T.Debt 455.1m))
RoIC = 17.99% (NOPAT 1.89b / Invested Capital 10.53b)
WACC = 10.01% (E(23.21b)/V(23.66b) * Re(10.21%) + (debt cost/tax rate unavailable))
Discount Rate = 10.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.96%
[DCF Debug] Terminal Value 67.76% ; FCFF base≈1.48b ; Y1≈1.25b ; Y5≈946.3m
Fair Price DCF = 72.01 (EV 12.54b - Net Debt -3.18b = Equity 15.71b / Shares 218.2m; r=10.01% [WACC]; 5y FCF grow -18.74% → 2.90% )
EPS Correlation: 21.77 | EPS CAGR: -3.16% | SUE: 1.59 | # QB: 1
Revenue Correlation: 29.60 | Revenue CAGR: -0.94% | SUE: -0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.50 | Chg30d=-0.011 | Revisions Net=+4 | Analysts=8
EPS next Year (2026-12-31): EPS=10.30 | Chg30d=+0.012 | Revisions Net=+4 | Growth EPS=+6.1% | Growth Revenue=+5.3%

Additional Sources for TROW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle