(TROW) T. Rowe Price - Overview

Sector: Financial Services | Industry: Asset Management | Exchange: NASDAQ (USA) | Market Cap: 20.098m USD | Total Return: 13.1% in 12m

Mutual Funds, Retirement Plans, Advisory Services
Total Rating 40
Safety 83
Buy Signal 0.23
Asset Management
Industry Rotation: +3.6
Market Cap: 20.1B
Avg Turnover: 219M USD
ATR: 2.40%
Peers RS (IBD): 39.2
Risk 5d forecast
Volatility25.5%
Rel. Tail Risk-3.10%
Reward TTM
Sharpe Ratio0.47
Alpha-23.25
Character TTM
Beta1.232
Beta Downside1.492
Drawdowns 3y
Max DD34.05%
CAGR/Max DD-0.02
EPS (Earnings per Share) EPS (Earnings per Share) of TROW over the last years for every Quarter: "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, "2025-12": 2.44,
EPS CAGR: -1.88%
EPS Trend: 49.6%
Last SUE: -0.10
Qual. Beats: 0
Revenue Revenue of TROW over the last years for every Quarter: 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, 2025-12: 1934.1,
Rev. CAGR: 1.00%
Rev. Trend: 68.1%
Last SUE: -2.30
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: TROW T. Rowe Price

T. Rowe Price Group, Inc. (NASDAQ: TROW) is a globally diversified investment manager that offers equity and fixed-income mutual funds to individual and institutional clients, retirement plans, and financial intermediaries. The firm employs a bottom-up, fundamental and quantitative research process, leveraging both in-house and external analysts, and integrates ESG considerations across its portfolios. In addition to traditional asset management, T. Rowe Price participates in late-stage venture capital deals, typically investing $3-5 million per transaction.

As of the latest quarter (Q4 2025), T. Rowe Price reported assets under management of approximately $1.73 trillion, generating $7.2 billion in revenue and $1.5 billion in net income, with a dividend yield near 2.2 %. The firm’s fixed-income earnings have benefited from the current higher-interest-rate environment, while its ESG-focused funds have grown about 12 % year-over-year, reflecting strong investor demand for sustainable strategies. A broader sector trend is the shift toward fee-based advisory services, which is boosting recurring revenue streams for asset-management firms.

For a deeper dive, you might explore ValueRay’s analysis of TROW.

Headlines to Watch Out For
  • Assets under management growth drives fee revenue
  • Equity market performance impacts investment advisory fees
  • Net client outflows reduce asset base
  • Regulatory changes increase compliance costs
  • Interest rate fluctuations affect money market fund income
Piotroski VR‑10 (Strict) 5.0
Net Income: 2.09b TTM > 0 and > 6% of Revenue
FCF/TA: 0.14 > 0.02 and ΔFCF/TA 5.10 > 1.0
NWC/Revenue: 55.18% < 20% (prev 43.51%; Δ 11.67% < -1%)
CFO/TA 0.15 > 3% & CFO 2.24b > Net Income 2.09b
Net Debt (-2.52b) to EBITDA (2.88b): -0.87 < 3
Current Ratio: 73.08 > 1.5 & < 3
Outstanding Shares: last quarter (223.8m) vs 12m ago 0.43% < -2%
Gross Margin: 62.67% > 18% (prev 0.52%; Δ 6.21k% > 0.5%)
Asset Turnover: 52.10% > 50% (prev 52.65%; Δ -0.55% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)
Altman Z'' 9.88
A: 0.28 (Total Current Assets 4.09b - Total Current Liabilities 56.0m) / Total Assets 14.61b
B: 0.74 (Retained Earnings 10.87b / Total Assets 14.61b)
C: 0.17 (EBIT TTM 2.45b / Avg Total Assets 14.04b)
D: 4.25 (Book Value of Equity 10.86b / Total Liabilities 2.55b)
Altman-Z'' Score: 9.88 = AAA
Beneish M -3.35
DSRI: 0.79 (Receivables 714.4m/877.4m, Revenue 7.31b/7.09b)
GMI: 0.83 (GM 62.67% / 51.94%)
AQI: 0.98 (AQ_t 0.64 / AQ_t-1 0.65)
SGI: 1.03 (Revenue 7.31b / 7.09b)
TATA: -0.01 (NI 2.09b - CFO 2.24b) / TA 14.61b)
Beneish M-Score: -3.35 (Cap -4..+1) = AA
What is the price of TROW shares? As of April 15, 2026, the stock is trading at USD 95.84 with a total of 1,663,062 shares traded.
Over the past week, the price has changed by +7.42%, over one month by +9.68%, over three months by -8.31% and over the past year by +13.09%.
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?
Analysts Target Price 95.5 -0.4%
T. Rowe Price (TROW) - Fundamental Data Overview as of 11 April 2026
P/E Trailing = 9.974
P/E Forward = 8.8652
P/S = 2.7475
P/B = 1.7899
P/EG = 11.0831
Revenue TTM = 7.31b USD
EBIT TTM = 2.45b USD
EBITDA TTM = 2.88b USD
Long Term Debt = 447.2m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 56.0m USD (from shortTermDebt, last quarter)
Debt = 860.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.52b USD (from netDebt column, last quarter)
Enterprise Value = 17.58b USD (20.10b + Debt 860.2m - CCE 3.38b)
 Interest Coverage Ratio = unknown (Ebit TTM 2.45b / Interest Expense TTM 0.0)
 EV/FCF = 8.32x (Enterprise Value 17.58b / FCF TTM 2.11b)
FCF Yield = 12.02% (FCF TTM 2.11b / Enterprise Value 17.58b)
FCF Margin = 28.90% (FCF TTM 2.11b / Revenue TTM 7.31b)
Net Margin = 28.53% (Net Income TTM 2.09b / Revenue TTM 7.31b)
Gross Margin = 62.67% ((Revenue TTM 7.31b - Cost of Revenue TTM 2.73b) / Revenue TTM)
Gross Margin QoQ = 94.57% (prev 53.06%)
Tobins Q-Ratio = 1.20 (Enterprise Value 17.58b / Total Assets 14.61b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 860.2m)
Taxrate = 24.87% (152.5m / 613.1m)
NOPAT = 1.84b (EBIT 2.45b * (1 - 24.87%))
Current Ratio = 73.08 (Total Current Assets 4.09b / Total Current Liabilities 56.0m)
Debt / Equity = 0.08 (Debt 860.2m / totalStockholderEquity, last quarter 10.86b)
Debt / EBITDA = -0.87 (Net Debt -2.52b / EBITDA 2.88b)
Debt / FCF = -1.19 (Net Debt -2.52b / FCF TTM 2.11b)
Total Stockholder Equity = 10.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.87% (Net Income 2.09b / Total Assets 14.61b)
RoE = 19.58% (Net Income TTM 2.09b / Total Stockholder Equity 10.66b)
RoCE = 22.03% (EBIT 2.45b / Capital Employed (Equity 10.66b + L.T.Debt 447.2m))
RoIC = 17.24% (NOPAT 1.84b / Invested Capital 10.66b)
WACC = 9.90% (E(20.10b)/V(20.96b) * Re(10.32%) + D(860.2m)/V(20.96b) * Rd(0.0%) * (1-Tc(0.25)))
Discount Rate = 10.32% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
[DCF] Terminal Value 72.69% ; FCFF base≈1.77b ; Y1≈1.87b ; Y5≈2.19b
[DCF] Fair Price = 140.8 (EV 28.13b - Net Debt -2.52b = Equity 30.64b / Shares 217.6m; r=9.90% [WACC]; 5y FCF grow 5.73% → 3.0% )
EPS Correlation: 49.60 | EPS CAGR: -1.88% | SUE: -0.10 | # QB: 0
Revenue Correlation: 68.05 | Revenue CAGR: 1.00% | SUE: -2.30 | # QB: 0
EPS next Quarter (2026-06-30): EPS=2.38 | Chg7d=-0.131 | Chg30d=-0.132 | Revisions Net=-2 | Analysts=11
EPS current Year (2026-12-31): EPS=9.70 | Chg7d=-0.349 | Chg30d=-0.362 | Revisions Net=-3 | Growth EPS=-0.2% | Growth Revenue=+1.3%
EPS next Year (2027-12-31): EPS=9.82 | Chg7d=-0.350 | Chg30d=-0.368 | Revisions Net=-3 | Growth EPS=+1.3% | Growth Revenue=+1.1%
[Analyst] Revisions Ratio: -1.00 (0 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.3% (Discount Rate 10.3% - Earnings Yield 10.0%)
[Growth] Growth Spread = +3.7% (Analyst 4.0% - Implied 0.3%)
External Resources
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