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) Free cash flow margin

T. Rowe Price Group, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 22.1%, up 1.8 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from 0.52% (fiscal 2016) to 41.9% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Asset Management industry median of 12.4% and above the Financial sector median of 15.6%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 20.2% 2.43
FY2024 17.8% 3.69
FY2023 14.1% (18.60)
FY2022 32.7% (9.18)
FY2021 41.9% 14.42
FY2020 27.5% 4.00
FY2019 23.5% (3.55)
FY2018 27.0% 26.12
FY2017 0.89% 0.37
FY2016 0.52% (32.31)

Against its own ten years

Low 0.52% High 41.9%
Ten-year median 23.5%
Current reading's percentile 45

Free cash flow margin against peers

Company Free cash flow margin
OWL Blue Owl Capital Inc. compare 44.3%
PFG Principal Financial Group, Inc. compare 30.9%
TROW T. Rowe Price Group, Inc. 22.1%
TPG TPG Inc. compare 18.2%
EQH Equitable Holdings, Inc. compare 12.4%
CRBG Corebridge Financial, Inc. compare 9.23%
RJF Raymond James Financial, Inc. compare 8.49%
BEN Franklin Resources Inc compare 2.48%
NTRS Northern Trust Corporation compare −1.44%
Asset Management industry median 12.4%
Financial sector median 15.6%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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