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T Rowe Price Group TROW Price / earnings

Price / earnings at other companies

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Franklin ResourcesBEN
16.8×-3.9×
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23.9×+0.6×
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26.7×+4.3×
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Northern TrustNTRS
13.8×+5.1×
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Raymond James FinancialRJF
13.3×+0.3×
State Street logo
State StreetSTT
11.5×+2.5×

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/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 price / earnings?
T Rowe Price Group (TROW) reported price / earnings of 9.4× in Q1 2026.
How has T Rowe Price Group's price / earnings changed year-over-year?
T Rowe Price Group's price / earnings decreased by 7.5% year-over-year, from 10.1× to 9.4×.
What is the long-term trend for T Rowe Price Group's price / earnings?
Over 4 years (2021 to 2025), T Rowe Price Group's price / earnings has grown at a -7.9% compound annual growth rate (CAGR), from 58.4× to 41.9×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.