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Price / sales at other companies

BEN
Franklin ResourcesBEN
1.4×+0.2×
Blackrock logo
BlackrockBLK
5.8×-1.2×
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
1.3×-0.5×
Northern Trust logo
Northern TrustNTRS
2.5×-0.9×
Raymond James Financial logo
Raymond James FinancialRJF
1.9×-0.1×
State Street logo
State StreetSTT
2.4×+0.5×

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/E11.1×-0.9×

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 / sales?
T Rowe Price Group (TROW) reported price / sales of 2.6× in Q1 2026.
How has T Rowe Price Group's price / sales changed year-over-year?
T Rowe Price Group's price / sales decreased by 7.8% year-over-year, from 2.9× to 2.6×.
What is the long-term trend for T Rowe Price Group's price / sales?
Over 4 years (2021 to 2025), T Rowe Price Group's price / sales has grown at a -16.2% compound annual growth rate (CAGR), from 24.3× to 12×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.