T. Rowe Price Group, Inc. TROW

105.51 1.24 1.19% as of 25 Sep
Market cap
$22.2B
P/E
10.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

T. Rowe Price Group, Inc. (TROW) EV/EBITDA

As of 25 September 2026, T. Rowe Price Group, Inc. (TROW) trades at a EV/EBITDA of 6.7×. Over the past ten years it has ranged from 5.3× (April 2025) to 13.5× (June 2021); the current reading is higher than 9% of that period. That is below the Asset Management industry median of 10.3× and below the Financial sector median of 9.5×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 6.9× (13.77%)
FY2024 7.9× (11.33%)
FY2023 9.0× 18.10%
FY2022 7.6× (30.97%)
FY2021 11.0× (0.67%)
FY2020 11.1× 6.06%
FY2019 10.4× 25.65%
FY2018 8.3× (18.53%)
FY2017 10.2× 9.28%
FY2016 9.3× 10.94%

Quarterly

Period EV/EBITDA Change
Jun 2026 7.3× 31.57%
Mar 2026 5.5× (19.23%)
Dec 2025 6.9× 0.68%
Sep 2025 6.8× 3.24%
42 more quarters

Against its own ten years

Low 5.3× High 13.5×
Ten-year median 8.8×
Current reading's percentile 9

EV/EBITDA against peers

Company EV/EBITDA
NTRS Northern Trust Corporation compare n/m
RJF Raymond James Financial, Inc. compare 4.5×
TROW T. Rowe Price Group, Inc. 6.7×
TPG TPG Inc. compare 9.1×
EQH Equitable Holdings, Inc. compare 9.3×
OWL Blue Owl Capital Inc. compare 10.7×
CRBG Corebridge Financial, Inc. compare 11.4×
PFG Principal Financial Group, Inc. compare 12.8×
BEN Franklin Resources Inc compare 21.5×
Asset Management industry median 10.3×
Financial sector median 9.5×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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