TROW Stock Analysis: T. Rowe Price | NASDAQ
Asset Management | NASDAQ, USA | Market Cap: 21.353m USD | 12M Return: 3.8% | US74144T1088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 201M
EPS Trend: 96.2%
Qual. Beats: 0
Rev. Trend: 97.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
T. Rowe Price Group, Inc. (NASDAQ: TROW) is a publicly traded global investment manager headquartered in Baltimore, Maryland, with operations across North America, Europe, Asia, and Australia. Founded in 1937, the firm provides investment management services to individuals, institutional investors, retirement plans, and financial intermediaries, primarily through actively managed equity and fixed income mutual funds.
The firm employs a bottom-up investment approach that combines fundamental and quantitative analysis, supported by both in-house and external research. It also incorporates socially responsible investing principles with a focus on environmental, social, and governance (ESG) factors, and selectively participates in late-stage venture capital transactions. As an asset manager, T. Rowe Price generates revenue primarily through management and administrative fees calculated as a percentage of client assets under management, with retirement plan services representing a significant portion of its institutional business alongside its retail mutual fund offerings.
- Equity market gains lift AUM and advisory fee revenue
- Net outflows from active funds persist amid passive shift
- Rising rates boost fixed income inflows and assets
| Net Income: 2.22b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 4.17 > 1.0 |
| NWC/Revenue: 29.77% < 20% (prev 50.20%; Δ -20.43% < -1%) |
| CFO/TA 0.15 > 3% & CFO 2.31b > Net Income 2.22b |
| Net Debt (-2.80b) to EBITDA (3.10b): -0.90 < 3 |
| Current Ratio: 2.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (214.2m) vs 12m ago -2.81% < -2% |
| Gross Margin: 70.75% > 18% (prev 51.27%; Δ 19.48% > 0.5%) |
| Asset Turnover: 51.13% > 50% (prev 49.49%; Δ 1.64% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.15 (Total Current Assets 4.18b - Total Current Liabilities 1.92b) / Total Assets 15.4b |
| B: 0.72 (Retained Earnings 11.0b / Total Assets 15.4b) |
| C: 0.17 (EBIT TTM 2.49b / Avg Total Assets 14.8b) |
| D: 3.46 (Book Value of Equity 11.0b / Total Liabilities 3.18b) |
| Altman-Z'' = 8.06 = AAA |
| DSRI: 1.02 (Receivables 941.6m/861.8m, Revenue 7.59b/7.10b) |
| GMI: 0.72 (GM 51.27% / 70.75%) |
| AQI: 1.04 (AQ_t 0.65 / AQ_t-1 0.63) |
| SGI: 1.07 (Revenue 7.59b / 7.10b) |
| TATA: -0.01 (NI 2.22b - CFO 2.31b) / TA 15.4b) |
| Beneish M = -3.19 (Cap -4..+1) = AA |
As of October 27, 2026, the stock is trading at USD 103.49 with a total of 2,031,654 shares traded. Over the past week, the price has changed by +3.39%, over one month by -0.31%, over three months by -12.11% and over the past year by +3.83%.
Current recommended Stop Loss: 99.70 (which is 3.7% or 1.7 ATR below the current price).
T. Rowe Price has received a consensus analysts rating of 2.64. Therefore, it is recommended to hold TROW.
- StrongBuy: 0
- Buy: 0
- Hold: 10
- Sell: 3
- StrongSell: 1
| Analysts Target Price | 105.9 | 2.3% |
P/E Trailing = 10.0502
P/E Forward = 10.1523
P/S = 2.8126
P/B = 2.0274
P/EG = 2.1611
Revenue TTM = 7.59b USD
EBIT TTM = 2.49b USD
EBITDA TTM = 3.10b USD
Long Term Debt = unknown (0.0)
Short Term Debt = 429.4m USD (from shortTermDebt, last quarter)
Debt = 429.4m USD (from shortLongTermDebtTotal, last quarter) (leases 429.4m already included)
Net Debt = -2.80b USD (calculated: Debt 429.4m - CCE 3.23b)
Enterprise Value = 18.5b USD (21.4b + Debt 429.4m - CCE 3.23b)
Interest Coverage Ratio = unknown (Ebit TTM 2.49b / Interest Expense TTM 0.0)
EV/FCF = 8.53x (Enterprise Value 18.5b / FCF TTM 2.18b)
FCF Yield = 11.73% (FCF TTM 2.18b / Enterprise Value 18.5b)
FCF Margin = 28.65% (FCF TTM 2.18b / Revenue TTM 7.59b)
Net Margin = 29.26% (Net Income TTM 2.22b / Revenue TTM 7.59b)
Gross Margin = 70.75% ((Revenue TTM 7.59b - Cost of Revenue TTM 2.22b) / Revenue TTM)
Gross Margin QoQ = 56.83% (prev 78.27%)
Tobins Q-Ratio = 1.21 (Enterprise Value 18.5b / Total Assets 15.4b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 429.4m)
Taxrate = 23.38% (709.9m / 3.04b)
NOPAT = 1.91b (EBIT 2.49b * (1 - 23.38%))
Current Ratio = 2.18 (Total Current Assets 4.18b / Total Current Liabilities 1.92b)
Debt / Equity = 0.04 (Debt 429.4m / totalStockholderEquity, last quarter 11.0b)
Debt / EBITDA = -0.90 (Net Debt -2.80b / EBITDA 3.10b)
Debt / FCF = -1.29 (Net Debt -2.80b / FCF TTM 2.18b)
Total Stockholder Equity = 10.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.96% (Net Income 2.22b / Total Assets 15.4b)
RoE = 20.45% (Net Income TTM 2.22b / Total Stockholder Equity 10.9b)
RoCE = 22.93% (EBIT 2.49b / Capital Employed (Equity 10.9b + L.T.Debt 0.0))
RoIC = 14.15% (NOPAT 1.91b / Invested Capital 13.5b)
WACC = 9.00% (E(21.4b)/V(21.8b) * Re(9.18%) + D(429.4m)/V(21.8b) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.21 | Cagr: -2.01%
[DCF] Terminal Value 75.90% ; FCFF base≈1.88b ; Y1≈2.15b ; Y5≈3.17b
[DCF] Fair Price = 213.8 (EV 42.8b - Net Debt -2.80b = Equity 45.6b / Shares 213.3m; r=9.00% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.16 | EPS CAGR: 11.05% | SUE: 0.39 | # QB: 0
Revenue Correlation: 97.82 | Revenue CAGR: 6.09% | SUE: -0.32 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.65 | Chg30d=-0.73% | Revisions=-30% | Analysts=13
EPS current Year (2026-12-31): EPS=10.18 | Chg30d=-0.51% | Revisions=-50% | GrowthEPS=+4.7% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=10.21 | Chg30d=-1.01% | Revisions=-10% | GrowthEPS=+0.4% | GrowthRev=+1.5%
[Analyst] Revisions Ratio: -38% (up=6, down=15)