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T Rowe Price Group TROW Operating margin

Operating margin at other companies

BEN
Franklin ResourcesBEN
9.3%
Blackrock logo
BlackrockBLK
31.8%-4.3pp
Broadridge Financial Solutions logo
Broadridge Financial SolutionsBR
17.1%+0.4pp

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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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 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 operating margin?
T Rowe Price Group (TROW) reported operating margin of 30.7% in Q1 2026.
How has T Rowe Price Group's operating margin changed year-over-year?
T Rowe Price Group's operating margin decreased by 6.9% year-over-year, from 33% to 30.7%.
What is the long-term trend for T Rowe Price Group's operating margin?
Over 4 years (2021 to 2025), T Rowe Price Group's operating margin has grown at a -9.5% compound annual growth rate (CAGR), from 188.5% to 126.4%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.