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Net margin at other companies

BEN
Franklin ResourcesBEN
8.1%+2.5pp
Blackrock logo
BlackrockBLK
24.4%-5.7pp
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
4.9%-3.3pp
Northern Trust logo
Northern TrustNTRS
22.8%-3.9pp
Raymond James Financial logo
Raymond James FinancialRJF
14.6%-1.5pp
State Street logo
State StreetSTT
21.2%-0.6pp

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

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 trailing twelve months.

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 margin?
T Rowe Price Group (TROW) reported net margin of 28.3% in Q1 2026.
How has T Rowe Price Group's net margin changed year-over-year?
T Rowe Price Group's net margin decreased by 0.3% year-over-year, from 28.4% to 28.3%.
What is the long-term trend for T Rowe Price Group's net margin?
Over 4 years (2021 to 2025), T Rowe Price Group's net margin has grown at a -9.0% compound annual growth rate (CAGR), from 166.7% to 114.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.