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T Rowe Price Group

TROWNASDAQStock Fundamentals

T. Rowe Price Group is a global investment management organization that provides active investment advisory services to a diverse client base. The firm offers a broad range of equity, fixed income, multi-asset, and alternative investment capabilities designed to deliver superior long-term performance. Its core value proposition centers on an active, independent research-driven approach to help individuals, institutions, and retirement plan sponsors achieve their financial goals.

Market Cap$21.9B
Revenue TTM$7.4B
Net Income TTM$2.1B
P/E Ratio10.47
Net Margin28.28%
EPS TTM$9.33
Free Cash Flow TTM$1.8B
Employees7.9K
CEORobert W. Sharps
CountryUnited States of America
Financial Services
Asset Management
SegmentsAsset Management, Investment Advisory, Retirement Services
Business ModelsAsset-based fees, Performance-based fees, Carried interest
Most Recent EarningsApr 30, 2026 · 20 days agoQ1 2026
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Next EarningsAug 7, 2026 · in 3 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin30.68%
ROE19.79%
D/E4.06%
Total Debt$438.1M
Cash$3.8B
CapEx TTM$254.2M

Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Investment Advisory Services

primary

The core business providing active management of investment portfolios across various asset classes and vehicles. Revenue is primarily derived from fees based on the value of assets under management.

Products

U.S. Mutual Funds, Collective Investment Trusts, Exchange-Traded Funds (ETFs), Separately Managed Accounts (SMAs), SICAVs, Business Development Companies (BDCs), Collateralized Loan Obligations (CLOs)

Customers

Individual Investors, Institutional Investors, Retirement Plan Sponsors, Financial Intermediaries

Administrative and Related Services

moderate

Support services provided to investment advisory clients, including recordkeeping, transfer agent, and trust services. These services enhance the client experience and support the distribution of investment products.

Products

Participant Recordkeeping, Mutual Fund Transfer Agent Services, Accounting and Shareholder Services, Brokerage Services, Trust Services

Customers

Defined Contribution Retirement Plans, Mutual Fund Shareholders, Individual Investors

Segment Financials

Investment advisory fees — Net revenues

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Administrative, distribution, servicing, and other fees — Net revenues

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Performance-based advisory fees — Net revenues

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Business Overview

Competitive Position

A leading global active asset manager with a significant leadership position in the U.S. retirement market and a growing presence in alternatives.

Geographies

United States, EMEA, APAC, Canada

Customer Segments

Retail investors, Institutional investors, High-net-worth individuals, Corporate retirement plans

Upstream Dependencies

External research providers, Market data providers, Technology and software vendors, Government and economic analysts

Downstream Customers

Individual retail investors, Pension funds, Endowments and foundations, Financial advisors, 401(k) plan participants

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T Rowe Price Group FAQ

Common questions about T Rowe Price Group

T. Rowe Price Group is a global investment management organization that provides active investment advisory services to a diverse client base. The firm offers a broad range of equity, fixed income, multi-asset, and alternative investment capabilities designed to deliver superior long-term performance. Its core value proposition centers on an active, independent research-driven approach to help individuals, institutions, and retirement plan sponsors achieve their financial goals.

T Rowe Price Group (TROW) has a market capitalization of $21.9B and trades on NASDAQ.

T Rowe Price Group generated $7.4B in trailing twelve-month revenue with net income of $2.1B, representing a net margin of 28.3%, with free cash flow of $1.8B. These figures are based on the Q1 2026 filing.

T Rowe Price Group's key competitors include BlackRock, Franklin Resources, Invesco, and others. These companies compete in similar markets and product categories.

T Rowe Price Group has approximately 7,929 employees.