T. Rowe Price (TROW)

Financials · $23.4B market cap · SEC CIK 0001113169

Next reports on Feb 2, 2027, after the close, with analysts expecting $2.38 in earnings per share.

52-week range $85.22 to $122.00. 9% below its 52-week high and 30% above its low.

The case for TROW

• Cheap for its growth: 10.7× earnings, where 3% a year of growth plus a 5.0% dividend would justify about 20×.
• 28% of revenue drops through to net profit.
• Pays a 5.0% dividend while you wait.
• Return on equity of 20%.
• Gross margin of 100% absorbs cost shocks.

The case against

• Growth is weak (24/100): revenue +6.9%, EPS +7.8%, +3.3% a year over five years.
• Weakest against its peers: revenue growth of +6.9% is slower than 64% of Financials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
• Each factor except momentum is half fixed thresholds, half rank among the 76 Financials companies.

The financials

The financials, five years deep

Pulled from T. Rowe Price's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What T. Rowe Price says it does

T. Rowe Price Group, Inc. (T. Rowe Price Group, T. Rowe Price, the firm, we, us, or our) is a financial services holding company that provides global investment advisory services through its subsidiaries to investors worldwide. We identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, multi-asset, and alternatives capabilities to individuals, advisors, institutions, and retirement plan sponsors. We also provide certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting, and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services; and other advisory services. We take an active,…

Risk factors TROW lists in its 10-K

• Our revenues are based on the market value and composition of the assets under our management, all of which are subject to fluctuation caused by factors outside of our control
• A majority of our revenues are based on contracts with commingled vehicles that are subject to termination without cause and on short notice
• We operate in an intensely competitive industry. Competitive pressures may result in a loss of clients and their assets or compel us to reduce the fees we charge to clients, thereby reducing our revenues and net income
• The failure or negative performance of products offered by competitors may cause our products, which are similar, to be impacted irrespective of our performance
• Our operations are complex and a failure to properly execute operational processes could have an adverse effect on our reputation and decrease our revenues
• The quantitative models we use may contain errors, which could result in financial losses or adversely impact product performance and client relationships
• Any damage to our reputation could harm our business and lead to a loss of revenues and net income or access to capital
• Failure to comply with client contractual requirements and/or investment guidelines could result in costs of correction, damage awards or regulatory fines and penalties against us and loss of revenues due to client terminations
• Our alternatives products include investments in private credit, real estate, infrastructure and private companies, which may expose us to new or increased risks and liabilities and to reputational harm
• Our expenses are subject to significant fluctuations that could materially decrease net income
• Our hedging strategies utilized to mitigate risk may not be effective, which could impact our net income
• Changes in tax laws or exposure to additional tax liabilities may impact our financial position or the marketability of the products and services we offer our clients
• Examinations and audits by tax authorities could result in additional tax payments for prior periods, which could impact our financial results
• We have contracted with third-party financial intermediaries that distribute our investment products and such relationships may not be available or profitable to us in the future
• Natural disasters and other unpredictable events could adversely affect our operations and financial results
• Our business, financial condition, and results of operation may be adversely affected by pandemics, epidemics or disease outbreaks
• The soundness of other financial services institutions could adversely affect us or the client portfolios we manage
• We may review and pursue strategic transactions in order to maintain or enhance our competitive position and these could pose risks
• Climate change-related risks could adversely affect our business, products, operations and clients, which may cause our AUM, revenues and earnings to decline
• We are exposed to risks arising from our international operations
• Our investment income and asset levels may be negatively impacted by fluctuations in our investment portfolio
• Our success depends on our key personnel and our investment performance and financial results could be negatively affected by the loss of their services
• A cyberattack or a failure to implement effective information and cybersecurity policies, procedures and capabilities could disrupt operations and cause financial losses
• We could be subject to losses if we fail to properly safeguard and maintain confidential data or our intellectual property
• The recent advancements in and increased use of artificial intelligence (AI) present risks and challenges that may adversely impact our business
• Compliance within a complex regulatory and legal environment which continues to evolve imposes significant financial and strategic costs on our business, and non-compliance could result in fines and penalties
• in legal and regulatory proceedings that may not be covered by insurance
• Net capital requirements may impede the business operations of our subsidiaries
• We may be impacted adversely by claims or litigation, including claims or litigation relating to our fiduciary responsibilities
• We may be adversely affected by increased governmental and regulatory scrutiny or negative publicity

Filings

Other Financials companies