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 North America, Europe, Asia, Australia.
T. Rowe Price Group, Inc. (TROW) reported trailing twelve months (TTM) revenue of $7.41B as of March 2026, which represents a 4.2% increase year-over-year. The company's operating margin has expanded to 34.6% from 33.8% 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 9.5x and a Price-to-Sales (P/S) ratio of 2.7x. The company generated $762.30M in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.
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