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T Rowe Price Group TROW Net debt / EBITDA

Net debt / EBITDA at other companies

BEN
Franklin ResourcesBEN
3.4×-1.6×
Blackrock logo
BlackrockBLK
0.5×-0.3×
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
2.2×+0.7×
Northern Trust logo
Northern TrustNTRS
0.1×0.0×
State Street logo
State StreetSTT
1.5×-0.1×
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
-3.3×+2.7×

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
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 net debt / EBITDA?
T Rowe Price Group (TROW) reported net debt / EBITDA of -1.3× in Q1 2026.
How has T Rowe Price Group's net debt / EBITDA changed year-over-year?
T Rowe Price Group's net debt / EBITDA decreased by 34.6% year-over-year, from -0.9× to -1.3×.
What is the long-term trend for T Rowe Price Group's net debt / EBITDA?
Over 4 years (2021 to 2025), T Rowe Price Group's net debt / EBITDA has grown at a 9.2% compound annual growth rate (CAGR), from -3.1× to -4.4×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.