T. Rowe Price Group, Inc.TROW

NasdaqGS•Financial Services•Asset Management

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

Price & Volume

Key Metrics at a Glance (as of December 2025)

Market Cap: $23.19B
TTM Revenue: $7.31B
TTM EBITDA: $2.88B
P/E Ratio: 11.1x
Operating Margin: 24.4%
Free Cash Flow: $-85.40M

Financial Analysis

T. Rowe Price Group, Inc. (TROW) reported trailing twelve months (TTM) revenue of $7.31B as of December 2025, which represents a 3.1% increase year-over-year. The company's operating margin has contracted to 24.4% from 31.2% a year ago. In terms of profitability, TROW generated $2.09B in net income. Valuation-wise, the stock trades at a P/E ratio of 11.1x and a Price-to-Sales (P/S) ratio of 3.2x. The company reported negative free cash flow of $-85.40M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.