(TROW) T. Rowe Price - Ratings and Ratios

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

Mutual Funds, Retirement Plans, Asset Management, Advisory Services

Stock: Asset Management & Custody Banks
Age 36.3y
MCap 23,578m
Avg Vol 1.65M (173M USD)
Beta 1.157
Volatility 26.26%

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": 1.83, "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": 1.92, "2025-03": 2.15, "2025-06": 2.24, "2025-09": 2.81,
EPS CAGR: -3.16%
EPS Trend: 15.1%
Last SUE: 1.20
Qual. Beats: 1

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,
Rev. CAGR: -0.94%
Rev. Trend: 29.6%
Last SUE: -0.11
Qual. Beats: 0

Dividends

Dividend Yield 5.21%
Yield on Cost 5y 3.99%
Yield CAGR 5y -8.73%
Payout Consistency 91.9%
Payout Ratio 55.7%
Risk via 5d forecast
Volatility 26.3%
Value at Risk 5%th 40.5%
Relative Tail Risk -6.28%
Reward TTM
Sharpe Ratio 0.00
Alpha -21.29
CAGR/Max DD 0.03
Character TTM
Hurst Exponent 0.360
Beta 1.157
Beta Downside 1.006
Drawdowns 3y
Max DD 34.05%
Mean DD 12.33%
Median DD 11.81%

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 (6% = 432.3m TTM)
FCFTA 0.10 (>2.0%) and ΔFCFTA -0.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 57.43% (prev 53.41%; Δ 4.02pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 1.49b <= Net Income 2.07b (YES >=105%, WARN >=100%)
Net Debt (-3.18b) to EBITDA (3.12b) ratio: -1.02 <= 3.0 (WARN <= 3.5)
Current Ratio 11.44 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (219.7m) change vs 12m ago -1.39% (target <= -2.0% for YES)
Gross Margin 64.49% (prev 50.63%; Δ 13.86pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 50.68% (prev 50.42%; Δ 0.25pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -6.04 (EBITDA TTM 3.12b / Interest Expense TTM -402.6m) >= 6 (WARN >= 3)

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 (Balance) 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
Total Rating: 9.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.65

1. Piotroski 4.0pt
2. FCF Yield 7.46%
3. FCF Margin 21.12%
4. Debt/Equity 0.04
5. Debt/Ebitda -1.02
6. ROIC - WACC (= 8.03)%
7. RoE 19.63%
8. Rev. Trend 29.60%
9. EPS Trend 15.10%

What is the price of TROW shares?

As of January 18, 2026, the stock is trading at USD 106.49 with a total of 1,892,848 shares traded.
Over the past week, the price has changed by -0.76%, over one month by +2.47%, over three months by +4.50% and over the past year by +0.01%.

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.
  • Strong Buy: 0
  • Buy: 1
  • Hold: 9
  • Sell: 4
  • Strong Sell: 0

What are the forecasts/targets for the TROW price?

Issuer Target Up/Down from current
Wallstreet Target Price 108.3 1.7%
Analysts Target Price 108.3 1.7%
ValueRay Target Price 114.3 7.3%

TROW Fundamental Data Overview January 18, 2026

P/E Trailing = 11.6895
P/E Forward = 10.6496
P/S = 3.2723
P/B = 2.1909
P/EG = 5.0736
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 = 20.40b USD (23.58b + Debt 455.1m - CCE 3.63b)
Interest Coverage Ratio = -6.04 (Ebit TTM 2.43b / Interest Expense TTM -402.6m)
EV/FCF = 13.41x (Enterprise Value 20.40b / FCF TTM 1.52b)
FCF Yield = 7.46% (FCF TTM 1.52b / Enterprise Value 20.40b)
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 = 1.38 (Enterprise Value 20.40b / 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 = 9.97% (E(23.58b)/V(24.03b) * Re(10.16%) + (debt cost/tax rate unavailable))
Discount Rate = 10.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.96%
[DCF Debug] Terminal Value 67.92% ; FCFF base≈1.48b ; Y1≈1.25b ; Y5≈946.3m
Fair Price DCF = 72.36 (EV 12.61b - Net Debt -3.18b = Equity 15.79b / Shares 218.2m; r=9.97% [WACC]; 5y FCF grow -18.74% → 2.90% )
EPS Correlation: 15.10 | EPS CAGR: -3.16% | SUE: 1.20 | # QB: 1
Revenue Correlation: 29.60 | Revenue CAGR: -0.94% | SUE: -0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.53 | Chg30d=+0.004 | Revisions Net=+1 | Analysts=9
EPS next Year (2026-12-31): EPS=10.33 | Chg30d=+0.094 | Revisions Net=+1 | Growth EPS=+6.4% | Growth Revenue=+5.8%

Additional Sources for TROW Stock

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