Using the latest TTM figures, T Rowe Price Group shows a gross margin of 55.7%, an operating margin of 30.8%, an EBITDA margin of 44%, and a net margin of 29.3%. EBITDA margin led the available margin improvements with a 2.3 percentage-point increase, while operating margin fell by 0.8 percentage points.
Over the last 3 years, T Rowe Price Group recorded average margins of 55.44% gross, 31.12% operating, 42.6% EBITDA, and 28.87% net. T Rowe Price Group's current performance shows that gross, EBITDA, and net margins are above their three-year averages and operating margin is below its three-year average.
The largest positive change was in EBITDA margin, up 2.3 percentage points. Gross margin also expanded by 0.1 percentage points and Net margin also expanded by 0.6 percentage points, while operating margin contracted by 0.8 percentage points.
Looking at the last 3 years, T Rowe Price Group had an average gross margin of 55.44%. The current gross margin stands at 55.7%, 0.3 percentage points above its three-year average. Looking back over the last 3 years, T Rowe Price Group's gross margin reached 56.7% at its highest point in Mar 2025 and 54.1% at its lowest in Dec 2023.
Across the last 3 years, T Rowe Price Group's operating margin averaged 31.12%. The current operating margin stands at 30.8%, 0.3 percentage points below its three-year average. Operating margin was highest at 32.8% in Mar 2025 and lowest at 29.5% in Dec 2023.
Reviewing the last 3 years, T Rowe Price Group recorded an average EBITDA margin of 42.6%. T Rowe Price Group's current EBITDA margin is 44% and is 1.4 percentage points above its three-year average. The highest EBITDA margin for T Rowe Price Group was 44.3% in Sep 2024, while the lowest was 41.3% in Mar 2025.
Over the last 3 years, the average net margin for T Rowe Price Group was 28.87%. Against its three-year average, T Rowe Price Group's net margin is currently 29.3%, 0.4 percentage points above its three-year average. T Rowe Price Group's net margin ranged from a low of 27.7% in Dec 2023 to a high of 30.4% in Sep 2024.
With a gross margin of 55.7%, TROW stands below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 83.9%, T Rowe Price Group's gross margin is 34% lower.
As of Jun 30, 2026, TROW has a gross margin of 55.7%.
For the period ending Jun 30, 2026, TROW recorded an operating margin of 30.8%.
For the period ending Jun 30, 2026, TROW recorded an EBITDA margin of 44%.
The current net margin for TROW is 29.3% as of Jun 30, 2026.
T Rowe Price Group's gross, operating, EBITDA, and net margins averaged 55.4% gross, 31.1% operating, 42.6% EBITDA, and 28.9% net over the last 3 years.
T Rowe Price Group's highest recorded margins during the past 5 years were 64.4% gross in Jun 2022, 48.4% operating in Dec 2021, 54.5% EBITDA in Dec 2021, and 40.2% net in Dec 2021.
Across the 5-year period, TROW posted its lowest margins at 54.1% gross in Sep 2023, 27.3% operating in Jun 2023, 34.9% EBITDA in Mar 2023, and 22.9% net in Mar 2023.