TROW T. Rowe Price Group

Price (delayed)

$146.97

Market cap

$33.36B

P/E Ratio

17.21

Dividend/share

$3.46

EPS

$8.54

Enterprise value

$31.47B

Sector: Financial Services
Industry: Asset Management
T. Rowe Price Group, Inc. is a financial services holding company, which engages in the provision of investment management services through its subsidiaries. It provides an array of company sponsored U.S. mutual funds, other sponsored pooled investment vehicles, sub advisory services, separate account management, recordkeeping, and related services to individuals, advisors, institutions, financial intermediaries, and retirement plan sponsors. The company was founded by Thomas Rowe Price Jr. in 1937 and is headquartered in Baltimore, MD.

Highlights

TROW's gross profit is up by 6% YoY
The company's revenue rose by 6% YoY
The company's debt rose by 7% YoY but it fell by 3.6% QoQ
TROW's price to earnings (P/E) is 27% higher than its last 4 quarters average of 13.6 and 17% higher than its 5-year quarterly average of 14.7

Key stats

What are the main financial stats of TROW
Market
Shares outstanding
226.99M
Market cap
$33.36B
Enterprise value
$31.47B
Valuations
Price to earnings (P/E)
17.21
Price to book (P/B)
4.95
Price to sales (P/S)
5.79
EV/EBIT
11.96
EV/EBITDA
11.12
EV/Sales
5.45
Earnings
Revenue
$5.77B
EBIT
$2.63B
EBITDA
$2.83B
Free cash flow
$2B
Per share
EPS
$8.54
Free cash flow per share
$8.79
Book value per share
$29.67
Revenue per share
$25.37
TBVPS
$38.72
Balance sheet
Total assets
$9.48B
Total liabilities
$1.64B
Debt
$166.4M
Equity
$6.75B
Working capital
N/A
Liquidity
Debt to equity
0.02
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.67
Margins
EBITDA margin
49%
Gross margin
100%
Net margin
35.3%
Operating margin
43.3%
Efficiency
Return on assets
22.1%
Return on equity
30%
Return on invested capital
38.7%
Return on capital employed
N/A
Return on sales
45.6%
Dividend
Dividend yield
2.35%
DPS
$3.46
Payout ratio
40.5%

TROW stock price

How has the Price T Rowe Group stock price performed over time

Financial performance

How have Price T Rowe Group's revenue and profit performed over time
Revenue
$5.77B
Gross profit
$5.77B
Operating income
$2.5B
Net income
$2.04B
Gross margin
100%
Net margin
35.3%
The company's operating income rose by 7% YoY but it fell by 2.4% QoQ
TROW's gross profit is up by 6% YoY
The company's revenue rose by 6% YoY
The company's net income rose by 3.8% QoQ and by 3.2% YoY

Growth

What is Price T Rowe Group's growth rate over time

Valuation

What is Price T Rowe Group stock price valuation
P/E
17.21
P/B
4.95
P/S
5.79
EV/EBIT
11.96
EV/EBITDA
11.12
EV/Sales
5.45
TROW's price to earnings (P/E) is 27% higher than its last 4 quarters average of 13.6 and 17% higher than its 5-year quarterly average of 14.7
The EPS has increased by 6% YoY and by 4.9% QoQ
The stock's P/B is 27% above its 5-year quarterly average of 3.9 and 27% above its last 4 quarters average of 3.9
Price T Rowe Group's equity has increased by 4.9% from the previous quarter and by 2.6% YoY
The price to sales (P/S) is 26% higher than the 5-year quarterly average of 4.6 and 23% higher than the last 4 quarters average of 4.7
The company's revenue rose by 6% YoY

Efficiency

How efficient is Price T Rowe Group business performance
Price T Rowe Group's return on invested capital has decreased by 11% YoY but it has increased by 4% QoQ
The ROS has decreased by 6% YoY but it has increased by 5% QoQ
The ROA has contracted by 6% YoY but it has grown by 2.3% from the previous quarter
Price T Rowe Group's ROE has decreased by 3.2% YoY but it has increased by 3.1% from the previous quarter

Dividends

What is TROW's dividend history
DPS
$3.46
Dividend yield
2.35%
Payout ratio
40.5%
Recent dividends

Financial health

How did Price T Rowe Group financials performed over time
The company's total liabilities rose by 33% QoQ and by 24% YoY
TROW's total assets is up by 10% from the previous quarter and by 6% YoY
The company's debt is 98% lower than its equity
The company's debt rose by 7% YoY but it fell by 3.6% QoQ
Price T Rowe Group's equity has increased by 4.9% from the previous quarter and by 2.6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.