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EV / sales at other companies

BEN
Franklin ResourcesBEN
1.7×+0.1×
Invesco logo
InvescoIVZ
1.7×+0.7×
Blackrock logo
BlackrockBLK
-1.3×
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
1.6×-0.5×
Northern Trust logo
Northern TrustNTRS
-0.2×
Raymond James Financial logo
Raymond James FinancialRJF
-0.2×

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$23.07B-3.9%
Enterprise value$19.71B-9.7%
P/E11×-0.9×
P/S3.1×-0.3×

Profitability

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Operating margin30.7%-2.3pp
Net margin28.3%-0.1pp
FCF margin24%

Returns & leverage

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Return on equity19.8%-0.2pp
Debt / equity0.0×

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 EV / sales?
T Rowe Price Group (TROW) reported EV / sales of 2.2× in Q1 2026.
How has T Rowe Price Group's EV / sales changed year-over-year?
T Rowe Price Group's EV / sales decreased by 13.4% year-over-year, from 2.5× to 2.2×.
What is the long-term trend for T Rowe Price Group's EV / sales?
Over 5 years (2020 to 2025), T Rowe Price Group's EV / sales has grown at a -12.8% compound annual growth rate (CAGR), from 5.3× to 2.6×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.