(TROW) T. Rowe Price - NASDAQ
Sector: Financial Services | Industry: Asset Management | Exchange: NASDAQ (USA) | Market Cap: 23.342m USD | Total Return: 24.2% in 12m
Avg Turnover: 195M
EPS Trend: 95.9%
Qual. Beats: 0
Rev. Trend: 97.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20
T. Rowe Price Group Inc (TROW) is a global investment management firm headquartered in Baltimore, Maryland. Operating since 1937, the company manages a diverse range of equity and fixed-income mutual funds for individual and institutional clients. Its investment strategy relies on a combination of fundamental and quantitative analysis, utilizing a bottom-up approach to identify opportunities across global markets.
The firm operates within the asset management industry, where revenue is primarily generated through investment advisory fees based on assets under management (AUM). Unlike banks that rely on interest rate spreads, T. Rowe Prices business model is highly sensitive to market fluctuations and net fund inflows. The company also integrates environmental, social, and governance (ESG) criteria into its decision-making and participates in late-stage venture capital investments.
Investors can evaluate the firms valuation metrics and historical performance by exploring the data on ValueRay. Given its focus on retirement plans and financial intermediaries, T. Rowe Price maintains a significant presence in the defined contribution market, which provides a stable base of long-term capital.
- Assets under management levels fluctuate based on global equity market performance
- Net outflows in active mutual funds pressure long term advisory fee revenue
- Expansion into private markets and alternatives diversifies traditional asset management income
- Operating margins depend on effective scale and management of compensation expenses
- Retirement plan dominance secures sticky assets despite shift toward low cost passives
| Net Income: 2.09b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 6.27 > 1.0 |
| NWC/Revenue: 43.57% < 20% (prev 44.03%; Δ -0.45% < -1%) |
| CFO/TA 0.17 > 3% & CFO 2.45b > Net Income 2.09b |
| Net Debt (-3.29b) to EBITDA (2.89b): -1.14 < 3 |
| Current Ratio: 7.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.4m) vs 12m ago 0.36% < -2% |
| Gross Margin: 69.05% > 18% (prev 52.37%; Δ 16.69% > 0.5%) |
| Asset Turnover: 52.19% > 50% (prev 50.79%; Δ 1.40% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.22 (Total Current Assets 3.73b - Total Current Liabilities 501.9m) / Total Assets 14.4b |
| B: 0.75 (Retained Earnings 10.8b / Total Assets 14.4b) |
| C: 0.17 (EBIT TTM 2.45b / Avg Total Assets 14.2b) |
| D: 4.28 (Book Value of Equity 10.8b / Total Liabilities 2.52b) |
| Altman-Z'' = 9.57 = AAA |
| DSRI: 0.93 (Receivables 909.9m/934.6m, Revenue 7.41b/7.11b) |
| GMI: 0.76 (GM 52.37% / 69.05%) |
| AQI: 1.05 (AQ_t 0.66 / AQ_t-1 0.63) |
| SGI: 1.04 (Revenue 7.41b / 7.11b) |
| TATA: -0.02 (NI 2.09b - CFO 2.45b) / TA 14.4b) |
| Beneish M = -3.24 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at USD 108.12 with a total of 2,339,828 shares traded.
Over the past week, the price has changed by +2.81%,
over one month by +6.87%,
over three months by +23.79% and
over the past year by +24.24%.
T. Rowe Price has received a consensus analysts rating of 2.79. Therefore, it is recommended to hold TROW.
- StrongBuy: 0
- Buy: 1
- Hold: 9
- Sell: 4
- StrongSell: 0
| Analysts Target Price | 97.8 | -9.5% |
P/E Trailing = 11.6763
P/E Forward = 11.0742
P/S = 3.151
P/B = 2.1658
P/EG = 13.8389
Revenue TTM = 7.41b USD
EBIT TTM = 2.45b USD
EBITDA TTM = 2.89b USD
Long Term Debt = unknown (0.0)
Short Term Debt = 438.1m USD (from shortTermDebt, last quarter)
Debt = 438.1m USD (from shortLongTermDebtTotal, last quarter) (leases 438.1m already included)
Net Debt = -3.29b USD (calculated: Debt 438.1m - CCE 3.73b)
Enterprise Value = 20.1b USD (23.3b + Debt 438.1m - CCE 3.73b)
Interest Coverage Ratio = unknown (Ebit TTM 2.45b / Interest Expense TTM 0.0)
EV/FCF = 8.58x (Enterprise Value 20.1b / FCF TTM 2.34b)
FCF Yield = 11.66% (FCF TTM 2.34b / Enterprise Value 20.1b)
FCF Margin = 31.56% (FCF TTM 2.34b / Revenue TTM 7.41b)
Net Margin = 28.28% (Net Income TTM 2.09b / Revenue TTM 7.41b)
Gross Margin = 69.05% ((Revenue TTM 7.41b - Cost of Revenue TTM 2.29b) / Revenue TTM)
Gross Margin QoQ = 78.27% (prev 94.57%)
Tobins Q-Ratio = 1.39 (Enterprise Value 20.1b / Total Assets 14.4b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 438.1m)
Taxrate = 23.00% (653.4m / 2.84b)
NOPAT = 1.89b (EBIT 2.45b * (1 - 23.00%))
Current Ratio = 7.43 (Total Current Assets 3.73b / Total Current Liabilities 501.9m)
Debt / Equity = 0.04 (Debt 438.1m / totalStockholderEquity, last quarter 10.8b)
Debt / EBITDA = -1.14 (Net Debt -3.29b / EBITDA 2.89b)
Debt / FCF = -1.41 (Net Debt -3.29b / FCF TTM 2.34b)
Total Stockholder Equity = 10.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.76% (Net Income 2.09b / Total Assets 14.4b)
RoE = 19.48% (Net Income TTM 2.09b / Total Stockholder Equity 10.8b)
RoCE = 22.81% (EBIT 2.45b / Capital Employed (Equity 10.8b + L.T.Debt 0.0))
RoIC = 13.53% (NOPAT 1.89b / Invested Capital 14.0b)
WACC = 10.00% (E(23.3b)/V(23.8b) * Re(10.19%) + D(438.1m)/V(23.8b) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 10.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.95 | Cagr: -0.12%
[DCF] Terminal Value 72.81% ; FCFF base≈1.96b ; Y1≈2.25b ; Y5≈3.31b
[DCF] Fair Price = 195.2 (EV 38.5b - Net Debt -3.29b = Equity 41.8b / Shares 214.3m; r=10.00% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.87 | EPS CAGR: 11.14% | SUE: 0.81 | # QB: 0
Revenue Correlation: 97.75 | Revenue CAGR: 6.30% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.30 | Chg30d=+0.94% | Revisions=+0% | Analysts=11
EPS next Quarter (2026-09-30): EPS=2.46 | Chg30d=+0.65% | Revisions=+27% | Analysts=9
EPS current Year (2026-12-31): EPS=9.57 | Chg30d=+0.46% | Revisions=+25% | GrowthEPS=-1.6% | GrowthRev=+2.1%
EPS next Year (2027-12-31): EPS=9.67 | Chg30d=+0.76% | Revisions=+7% | GrowthEPS=+1.1% | GrowthRev=+1.6%
[Analyst] Revisions Ratio: +27%