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Debt-to-equity at other companies

BEN
Franklin ResourcesBEN
0.3×0.0×
Blackrock logo
BlackrockBLK
0.3×0.0×
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
1.3×-0.6×
Northern Trust logo
Northern TrustNTRS
0.0×
Raymond James Financial logo
Raymond James FinancialRJF
0.0×
State Street logo
State StreetSTT
0.9×0.0×

Other financials

Income statement

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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

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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

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Operating cash flow$824.3M+30.2%
CapEx$62.0M-24.4%
Free cash flow$762.3M+38.4%

Valuation

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Market cap$23.17B-3.9%
Enterprise value$19.81B-9.7%
P/E11.1×-0.9×
P/S3.1×-0.3×

Profitability

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Operating margin30.7%-2.3pp
Net margin28.3%-0.1pp

Returns & leverage

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Return on equity19.8%-0.2pp

Where this comes from

Calculated from T Rowe Price Group’s reported figures.

Based on the most recent quarter.

The official record: T Rowe Price Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is T Rowe Price Group's debt-to-equity?
T Rowe Price Group (TROW) reported debt-to-equity of 0× in Q1 2026.
How has T Rowe Price Group's debt-to-equity changed year-over-year?
T Rowe Price Group's debt-to-equity decreased by 10.6% year-over-year, from 0× to 0×.
What is the long-term trend for T Rowe Price Group's debt-to-equity?
Over 4 years (2021 to 2025), T Rowe Price Group's debt-to-equity has grown at a 21.2% compound annual growth rate (CAGR), from 0.1× to 0.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.