T. Rowe Price Group, Inc. TROW
Asset Management, Financial Services
$103.67
−0.38%
- Market cap
- $22.1B
- PE
- 10.4×
- 10y median 14.4×
- Forward PE
- Price to sales
- 2.9×
- EV/EBIT
- 8.0×
- Revenue, 12 months
- $7.6B
- +7% on a year ago
- Net margin
- 29.3%
- Free cash flow yield
- 7.5%
T. Rowe Price trades at 10.4× trailing earnings, cheaper than 93% of the last ten years. Revenue was $7.6B over the last twelve months, up 7% on a year earlier with a 29% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.6B | $1.8B | $1.7B | $1.8B | $1.8B+11% | $1.8B+1% | $1.7B−1% | $1.9B+6% | $1.9B+6% | $1.9B+5% | $1.9B+11% | |
| Cost of revenue | $879.2M | $865.9M | $821.8M | $844.9M | $876.9M−0% | $841.9M−3% | $895M+9% | $888.8M+5% | $105M−88% | $403.6M−52% | $823.4M−8% |
| Gross profit | $762.8M | $884.3M | $911.5M | $940.7M | $947.6M+24% | $922M+4% | $828.3M−9% | $1B+7% | — | — | $1.1B+31% |
| SG&A | $344.1M | $267.8M | $302.9M | $289M | $347.8M+1% | $297M+11% | $318.8M+5% | $306.2M+6% | $1.4B+291% | $249.2M−16% | $543.5M+71% |
| $387.2M | $586.6M | $564.7M | $613.6M | $568.4M+47% | $596.3M+2% | $478.3M−15% | $643.2M+5% | $471M−17% | $680.5M+14% | $540.5M+13% | |
| Pre-tax income | $646.9M | $775.5M | $645M | $826.1M | $573M−11% | $667M−14% | $713.8M+11% | $881.6M+7% | $613.1M+7% | $632.2M−5% | $909.6M+27% |
| $173.3M | $182.1M | $159.7M | $185.7M | $156.3M−10% | $161.9M−11% | $157.7M−1% | $195.1M+5% | $152.5M−2% | $148.1M−9% | $214.2M+36% | |
| Net income | $437.6M | $573.8M | $483.4M | $603M | $439.9M+1% | $490.5M−15% | $505.2M+5% | $646.1M+7% | $445.3M+1% | $498.2M+2% | $632M+25% |
| $1.90 | $2.49 | $2.11 | $2.64 | $1.92+1% | $2.15−14% | $2.24+6% | $2.87+9% | $1.99+4% | $2.23+4% | $2.88+29% | |
| 224M | 224.2M | 223.5M | 222.8M | 222.8M−1% | 222.6M−1% | 220.4M−1% | 219.7M−1% | 223.8M+0% | 217.6M−2% | 214.2M−3% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Asset Management within ten times T. Rowe Price's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| TROWT. Rowe Price Group, Inc. | $22.2B | 10.4× | 14.4× | 2.9× | +7% | 29.3% | |
| PFGPrincipal Financial Group, Inc. | $23.3B | 15.4× | 11.6× | 1.5× | +4% | 9.9% | |
| RJFRaymond James Financial, Inc. | $30.2B | 13.7× | 15.1× | 1.8× | +8% | 13.6% | |
| NTRSNorthern Trust Corporation | $30.8B | 14.4× | 15.5× | — | — | 24.8% | |
| ARESAres Management Corporation | $38.2B | 48.0× | 54.1× | 6.4× | +24% | 10.6% | |
| AMPAmeriprise Financial, Inc. | $43.3B | 11.8× | 13.8× | 2.2× | +9% | 19.9% | |
| STTState Street Corporation | $47.9B | 15.4× | 13.1× | — | +12% | 23.0% | |
| APOApollo Global Management, Inc. | $68.2B | 26.0× | 16.6× | — | +41% | 5.2% | |
| BAMBrookfield Asset Management Ltd. | $71.1B | 25.9× | 33.4× | 12.4× | +32% | 53.4% | |
| KKRKKR & Co. Inc. | $80.5B | 28.2× | 16.8× | — | +31% | 14.8% | |
| BXBlackstone Inc. | $83.9B | 25.0× | 26.3× | 5.2× | +17% | 21.8% | |
| Peer median | $45.6B | 20.2× | 16.1× | 3.7× | +17% | 17.3% |
About
- Industry
- Asset Management
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .