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T Rowe Price Group TROW Return on invested capital

Return on invested capital at other companies

BEN
Franklin ResourcesBEN
4%+1.4pp
Invesco logo
InvescoIVZ
-3.6%-8.4pp
APA
Artisan Partners Asset Management Inc.APAM
79%+4.3pp
Blackrock logo
BlackrockBLK
10.9%
Charles Schwab Corporation logo
Charles Schwab CorporationSCHW
107%-70.0pp
LPL Financial Holdings logo
LPL Financial HoldingsLPLA
14.2%-11.1pp

Other financials

Income statement

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Revenue$1.9B+10.7%
Operating income$540.5M+13.0%
Net income$565.0M+11.8%
EPS (diluted)$2.88+28.6%

Balance sheet

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Cash & equivalents$3.2B+3.3%
Total debt$438.1M-7.2%
Total equity$11.0B+4.2%
Total assets$15.4B+7.1%

Cash flow

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Operating cash flow$517.3M-2.4%
CapEx$62.0M-24.4%
Free cash flow$762.3M+38.4%

Valuation

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Market cap$23.94B+2.9%
P/E11.1×-0.3×
P/S3.2×-0.1×

Profitability

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Operating margin30.8%-1.0pp
Net margin28.4%-0.3pp
FCF margin24%

Returns & leverage

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Return on equity20%+0.1pp
Debt / equity0.0×

Where this comes from

Calculated from T Rowe Price Group’s reported figures.

Based on trailing twelve months.

The source filing: T Rowe Price Group’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 12:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028712

FAQ

What is T Rowe Price Group's return on invested capital?
T Rowe Price Group (TROW) reported return on invested capital of 22.7% in Q1 2026.
How has T Rowe Price Group's return on invested capital changed year-over-year?
T Rowe Price Group's return on invested capital decreased by 0.0% year-over-year, from 22.7% to 22.7%.
What is the long-term trend for T Rowe Price Group's return on invested capital?
Over 5 years (2020 to 2025), T Rowe Price Group's return on invested capital has grown at a -11.4% compound annual growth rate (CAGR), from 38.9% to 21.3%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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