T. Rowe Price Group, Inc.

T. Rowe Price Group, Inc.

103.01
USD
-0.09
(-0.09%)
10.70EPS
11.09P/E
24.18BMarket Cap
Oct 29Next Earn

Total Valuation

USD

As of June 30, 2026, T. Rowe Price Group, Inc. carries a market capitalization of 24.18B, placing it among publicly traded companies globally. Its enterprise value stands at 22.54B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap24.18B
Enterprise Value22.54B

Important Dates

T. Rowe Price Group, Inc.'s next confirmed earnings release is scheduled for October 29, 2026.

Earnings Date10/29/2026

Share Statistics

As of June 30, 2026, T. Rowe Price Group, Inc. has 213.31M shares outstanding.

Shares Outstanding213.31M

Valuation Ratios

As of June 30, 2026, T. Rowe Price Group, Inc. trades at a trailing price-to-earnings ratio of 11.09. The price-to-sales ratio is 3.24, and the price-to-book ratio stands at 2.20.

PE Ratio11.09
PS Ratio3.24
PB Ratio2.20
P/TBV Ratio2.98
P/FCF Ratio14.73
P/OCF Ratio12.75

Enterprise Valuation

As of June 30, 2026, T. Rowe Price Group, Inc. trades at an EV/EBITDA multiple of 7.78 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.97 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 9.65 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. T. Rowe Price Group, Inc. trades at an EV/FCF ratio of 13.47, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 22.54B versus a market cap of 24.18B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.97
EV / EBITDA7.78
EV / EBIT9.65
EV / FCF13.47

Financial Position

As of June 30, 2026, T. Rowe Price Group, Inc. maintains a current ratio of 9.63, meaning it holds 9.6x the short-term assets needed to cover near-term liabilities.

Current Ratio9.63
Quick Ratio9.63
Debt / Equity3.53
Debt / EBITDA0.15

Financial Efficiency

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Over the twelve months ended June 30, 2026, T. Rowe Price Group, Inc. posted a return on equity (ROE) of 20.61, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 14.35 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.96, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 17.01, useful for judging operating efficiency across full business cycles. The company generates approximately 964,767.93 in revenue per employee across its workforce of 7,869.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)20.61
Return on Assets (ROA)14.96
Return on Invested Capital (ROIC)14.35
Return on Capital Employed (ROCE)17.01
Revenue Per Employee964,767.93
Employee Count7,869.25

Taxes

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Over the twelve months ended June 30, 2026, T. Rowe Price Group, Inc. recorded 709.90M in income tax expense. That works out to an effective tax rate of 23.38, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 3.04B, leaving 2.22B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax709.90M
Effective Tax Rate23.38

Stock Price Statistics

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As of the close on October 22, 2026, T. Rowe Price Group, Inc.'s stock has gained approximately 0.84% over the past 52 weeks. The 50-day moving average sits at 106.44, while the 200-day moving average is 103.81.

52-Week Price Change0.84%
50-Day Moving Average106.44
200-Day Moving Average103.81

Income Statement

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Over the twelve months ended June 30, 2026, T. Rowe Price Group, Inc. generated 7.59B in revenue and converted that into 2.22B in net income, yielding earnings per share of 10.70. EBITDA reached 2.90B, while operating income came in at 2.62B.

Revenue7.59B
Gross Profit3.92B
Operating Income2.62B
Pretax Income3.04B
Net Income2.22B
EBITDA2.90B
EBIT2.34B
Earnings Per Share (EPS)10.70

Balance Sheet

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As of June 30, 2026, T. Rowe Price Group, Inc. holds 3.23B in cash and equivalents against 429.40M in total debt, resulting in a net debt position of -3.23B. Total book value stands at 11.00B, with working capital of 3.74B providing operational flexibility.

Cash & Cash Equivalents3.23B
Total Debt429.40M
Net Debt-3.23B
Equity (Book Value)11.00B
Book Value Per Share51.58
Working Capital3.74B

Cash Flow

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T. Rowe Price Group, Inc. produced 1.93B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -258.40M in capital expenditures, free cash flow totaled 1.67B - equivalent to 7.70 per share.

Operating Cash Flow1.93B
Capital Expenditures-258.40M
Free Cash Flow1.67B
FCF Per Share7.70

Margins

Over the twelve months ended June 30, 2026, T. Rowe Price Group, Inc. posted a gross margin of 51.61, reflecting its pricing power and cost economics. The operating margin of 34.45 and net profit margin of 29.26 provide insight into operational efficiency.

Gross Margin51.61
Operating Margin34.45
Pretax Margin40.00
Profit Margin29.26
EBITDA Margin38.16

Dividends & Yields

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Over the twelve months ended June 30, 2026, T. Rowe Price Group, Inc. paid dividends of 5.24 per share. The dividend payout ratio of 46.85 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.79, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.46, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to T. Rowe Price Group, Inc. shareholders.

Dividend Per Share5.24
Payout Ratio46.85
Shareholder Yield5.46
FCF Yield6.79

Stock Splits

T. Rowe Price Group, Inc.'s most recent stock split took place on June 26, 2006 with a 1:2 split ratio.

Last Split Date6/26/2006
Split Ratio1:2

Scores

As of June 30, 2026, T. Rowe Price Group, Inc. has an Altman Z-Score of 7.45, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score7.45