(TROW) T. Rowe Price - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74144T1088

Stock: Mutual Funds, Retirement Plans, Asset Management, Advisory Services

Total Rating 20
Risk 64
Buy Signal -1.10

EPS (Earnings per Share)

EPS (Earnings per Share) of TROW over the last years for every Quarter: "2020-12": 2.89, "2021-03": 3.01, "2021-06": 3.31, "2021-09": 3.27, "2021-12": 3.17, "2022-03": 2.62, "2022-06": 1.79, "2022-09": 1.86, "2022-12": 1.74, "2023-03": 1.69, "2023-06": 2.02, "2023-09": 2.17, "2023-12": 1.72, "2024-03": 2.38, "2024-06": 2.26, "2024-09": 2.57, "2024-12": 1.92, "2025-03": 2.15, "2025-06": 2.24, "2025-09": 2.81, "2025-12": 2.44,

Revenue

Revenue of TROW over the last years for every Quarter: 2020-12: 1732.9, 2021-03: 1826.8, 2021-06: 1929.3, 2021-09: 1954.1, 2021-12: 1961.7, 2022-03: 1863, 2022-06: 1513, 2022-09: 1588.2, 2022-12: 1524.2, 2023-03: 1537.6, 2023-06: 1610.2, 2023-09: 1670.7, 2023-12: 1642, 2024-03: 1750.2, 2024-06: 1733.3, 2024-09: 1785.6, 2024-12: 1824.5, 2025-03: 1763.9, 2025-06: 1723.3, 2025-09: 1893.5, 2025-12: 1934.1,

Dividends

Dividend Yield 5.21%
Yield on Cost 5y 3.87%
Yield CAGR 5y -8.73%
Payout Consistency 91.9%
Payout Ratio 52.7%
Risk 5d forecast
Volatility 40.4%
Relative Tail Risk -3.93%
Reward TTM
Sharpe Ratio -0.36
Alpha -28.00
Character TTM
Beta 1.202
Beta Downside 1.029
Drawdowns 3y
Max DD 34.05%
CAGR/Max DD -0.08

Description: TROW T. Rowe Price December 19, 2025

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a publicly traded, globally diversified investment manager that offers equity and fixed-income mutual funds to individuals, retirement plans, financial intermediaries, and institutional clients. The firm employs a bottom-up investment process that blends fundamental and quantitative analysis, leverages both internal and external research, and incorporates ESG considerations across its portfolios. It also participates in late-stage venture capital deals, typically committing $3-5 million per transaction.

As of the most recent quarter, T. Rowe Price reported assets under management (AUM) of roughly $1.5 trillion, with net inflows of $12 billion driven largely by strong demand for actively managed fixed-income products amid a volatile interest-rate environment. The company’s revenue growth is closely tied to fee-based income, which benefits from a secular shift toward higher-margin advisory services, while fee compression from passive alternatives remains a sector-wide headwind. Additionally, the firm’s operating margin has stabilized near 30 % after cost-efficiency initiatives launched in 2022.

For a deeper quantitative assessment, you may want to explore ValueRay’s analyst tools to evaluate TROW’s valuation and risk profile.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 2.09b TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 0.08 > 1.0
NWC/Revenue: 40.77% < 20% (prev 43.51%; Δ -2.75% < -1%)
CFO/TA 0.10 > 3% & CFO 1.49b > Net Income 2.09b
Net Debt (-3.38b) to EBITDA (2.88b): -1.17 < 3
Current Ratio: 8.53 > 1.5 & < 3
Outstanding Shares: last quarter (223.8m) vs 12m ago 0.43% < -2%
Gross Margin: 62.67% > 18% (prev 0.52%; Δ 6215 % > 0.5%)
Asset Turnover: 52.60% > 50% (prev 52.65%; Δ -0.06% > 0%)
Interest Coverage Ratio: -5.70 > 6 (EBITDA TTM 2.88b / Interest Expense TTM -429.4m)

Altman Z'' 8.28

A: 0.21 (Total Current Assets 3.38b - Total Current Liabilities 396.2m) / Total Assets 14.34b
B: 0.75 (Retained Earnings 10.82b / Total Assets 14.34b)
C: 0.18 (EBIT TTM 2.45b / Avg Total Assets 13.91b)
D: 3.12 (Book Value of Equity 10.86b / Total Liabilities 3.48b)
Altman-Z'' Score: 8.28 = AAA

What is the price of TROW shares?

As of February 07, 2026, the stock is trading at USD 94.58 with a total of 3,272,801 shares traded.
Over the past week, the price has changed by -10.50%, over one month by -13.24%, over three months by -6.28% and over the past year by -10.63%.

Is TROW a buy, sell or hold?

T. Rowe Price has received a consensus analysts rating of 2.79. Therefor, it is recommend to hold TROW.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 9
  • Sell: 4
  • StrongSell: 0

What are the forecasts/targets for the TROW price?

Issuer Target Up/Down from current
Wallstreet Target Price 103.3 9.2%
Analysts Target Price 103.3 9.2%
ValueRay Target Price 97 2.5%

TROW Fundamental Data Overview February 07, 2026

P/E Trailing = 10.5046
P/E Forward = 9.5238
P/S = 2.75
P/B = 1.9496
P/EG = 4.5339
Revenue TTM = 7.31b USD
EBIT TTM = 2.45b USD
EBITDA TTM = 2.88b USD
Long Term Debt = unknown (none)
Short Term Debt = 455.1m USD (from shortTermDebt, two quarters ago)
Debt = 455.1m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -3.38b USD (from netDebt column, last quarter)
Enterprise Value = 17.19b USD (20.12b + Debt 455.1m - CCE 3.38b)
Interest Coverage Ratio = -5.70 (Ebit TTM 2.45b / Interest Expense TTM -429.4m)
EV/FCF = 11.30x (Enterprise Value 17.19b / FCF TTM 1.52b)
FCF Yield = 8.85% (FCF TTM 1.52b / Enterprise Value 17.19b)
FCF Margin = 20.80% (FCF TTM 1.52b / Revenue TTM 7.31b)
Net Margin = 28.53% (Net Income TTM 2.09b / Revenue TTM 7.31b)
Gross Margin = 62.67% ((Revenue TTM 7.31b - Cost of Revenue TTM 2.73b) / Revenue TTM)
Gross Margin QoQ = 94.57% (prev 53.06%)
Tobins Q-Ratio = 1.20 (Enterprise Value 17.19b / Total Assets 14.34b)
Interest Expense / Debt = 249.5% (Interest Expense 1.14b / Debt 455.1m)
Taxrate = 27.37% (167.8m / 613.1m)
NOPAT = 1.78b (EBIT 2.45b * (1 - 27.37%))
Current Ratio = 8.53 (Total Current Assets 3.38b / Total Current Liabilities 396.2m)
Debt / Equity = 0.04 (Debt 455.1m / totalStockholderEquity, last quarter 10.86b)
Debt / EBITDA = -1.17 (Net Debt -3.38b / EBITDA 2.88b)
Debt / FCF = -2.22 (Net Debt -3.38b / FCF TTM 1.52b)
Total Stockholder Equity = 10.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.01% (Net Income 2.09b / Total Assets 14.34b)
RoE = 19.58% (Net Income TTM 2.09b / Total Stockholder Equity 10.66b)
RoCE = 17.54% (EBIT 2.45b / Capital Employed (Total Assets 14.34b - Current Liab 396.2m))
RoIC = 16.78% (NOPAT 1.78b / Invested Capital 10.59b)
WACC = 10.11% (E(20.12b)/V(20.57b) * Re(10.34%) + (debt cost/tax rate unavailable))
Discount Rate = 10.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.05%
[DCF Debug] Terminal Value 67.42% ; FCFF base≈1.48b ; Y1≈1.25b ; Y5≈946.3m
Fair Price DCF = 72.06 (EV 12.37b - Net Debt -3.38b = Equity 15.75b / Shares 218.6m; r=10.11% [WACC]; 5y FCF grow -18.74% → 2.90% )
EPS Correlation: 50.04 | EPS CAGR: -1.88% | SUE: -0.10 | # QB: 0
Revenue Correlation: 68.05 | Revenue CAGR: 1.00% | SUE: -2.30 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.42 | Chg30d=-0.107 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-12-31): EPS=10.08 | Chg30d=-0.236 | Revisions Net=+2 | Growth EPS=+3.8% | Growth Revenue=+3.8%
EPS next Year (2027-12-31): EPS=10.27 | Chg30d=-0.104 | Revisions Net=+1 | Growth EPS=+1.8% | Growth Revenue=+2.4%

Additional Sources for TROW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle