What is T Rowe Price Group's market cap?

T Rowe Price Group (TROW) has a market capitalization of $25.3B and trades on NASDAQ.

What is T Rowe Price Group's revenue and profitability?

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.

Who are T Rowe Price Group's competitors?

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

Who does T Rowe Price Group partner with?

T Rowe Price Group's notable partners include NASDAQ.

What subsidiaries does T Rowe Price Group have?

T Rowe Price Group's subsidiaries include T. Rowe Price Associates, T. Rowe Price Investment Management, T. Rowe Price International Ltd, and others.

Where is T Rowe Price Group headquartered?

T Rowe Price Group is headquartered in United States of America and employs approximately 7,929 people. It has been publicly traded since 1986.

T Rowe Price Group

TROW

T. Rowe Price Group is a global investment management organization that provides active investment advisory services to a diverse client base.

Market cap

$25.27B+14.5%

Revenue$7.4B+4.2%

Net income$2.1B+3.9%

Free cash flow$1.8B-19.6%

EPS (diluted)$9.33+5.8%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$1.9BBeat by $2.2M EPS$2.52Beat by $0.15

Read the full report

Next report

Jul 31, 2026 (In 3 weeks)

Revenue estimate$1.8B

EPS estimate$2.35

Financials

Q1 2026

Income statement

See full

Revenue$1.9B+5.3%

Operating income$680.5M+14.1%

Net income$498.2M+1.6%

EPS (diluted)$2.23+3.7%

Balance sheet

See full

Cash & equivalents$3.8B+31.5%

Total debt$438.1M-7.2%

Total equity$10.8B+3.7%

Total assets$14.4B+2.9%

Cash flow

See full

Operating cash flow$824.3M+30.2%

CapEx$62.0M-24.4%

Free cash flow$762.3M+38.4%

Valuation & ratios

Valuation

See full

Market cap$25.27B+14.5%

Enterprise value$21.92B+12.9%

P/E12.1×+1.2×

P/S3.4×+0.3×

Profitability

See full

Operating margin30.7%-2.3pp

Net margin28.3%-0.1pp

FCF margin24%—

Returns & leverage

See full

Return on equity19.8%-0.2pp

Debt / equity0×0.0×

Segments

By product

See full

Investment advisory fees$1.78T+9.6%

Administrative, distribution, servicing, and other fees$138.4M-11.5%

Capital allocation-based income$28.1M+2,442%

Performance-based advisory fees$7.5M-27.9%

Competitors

By market cap

Charles Schwab Corporation$176.87B+6.4%

Blackrock$153.50B-8.4%

Raymond James Financial$32.2B-0.2%

T Rowe Price Group$25.3B+14.5%

BEN

Franklin Resources$17.4B+33.1%

Invesco$12.0B+60.0%

Silvercrest Asset Management Group$80.6M-47.3%

US Global Investors$37.1M+14.7%

By revenue growth

Blackrock+22.4%

Charles Schwab Corporation+21.2%

Raymond James Financial+8.0%

Invesco+7.7%

T Rowe Price Group+4.2%

BEN

Franklin Resources+3.8%

Silvercrest Asset Management Group+0.4%

By net margin

Charles Schwab Corporation37.99%+6.3pp

T Rowe Price Group28.28%-0.1pp

Blackrock24.4%-5.7pp

Raymond James Financial14.59%-1.5pp

BEN

Franklin Resources8.12%+2.5pp

Silvercrest Asset Management Group2.12%-5.1pp

Invesco-3.38%-12.7pp

Profile

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.

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.

GeographiesUnited States, EMEA, APAC, Canada

Customer segmentsRetail investors, Institutional investors, High-net-worth individuals, Corporate retirement plans

Business modelAsset-based fees, Performance-based fees, Carried interest

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

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

CountryUnited States of America

Listed1986

Employees7.9K

CEORobert W. Sharps

SectorFinancial Services

IndustryAsset Management

Websitetroweprice.com

FilingsSEC EDGAR

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Questions, answered.

What is T Rowe Price Group's market cap?: T Rowe Price Group (TROW) has a market capitalization of $25.3B and trades on NASDAQ.
What is T Rowe Price Group's revenue and profitability?: 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.
Who are T Rowe Price Group's competitors?: T Rowe Price Group's key competitors include Franklin Resources, BlackRock, Invesco, and others. These companies compete in similar markets and product categories.
Who does T Rowe Price Group partner with?: T Rowe Price Group's notable partners include NASDAQ.
What subsidiaries does T Rowe Price Group have?: T Rowe Price Group's subsidiaries include T. Rowe Price Associates, T. Rowe Price Investment Management, T. Rowe Price International Ltd, and others.
Where is T Rowe Price Group headquartered?: T Rowe Price Group is headquartered in United States of America and employs approximately 7,929 people. It has been publicly traded since 1986.