T. Rowe Price Group, Inc. TROW
- Market cap
- $22.2B
- P/E
- 10.6×
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T. Rowe Price Group, Inc. (TROW) Free cash flow
T. Rowe Price Group, Inc.'s free cash flow for fiscal 2025 was $1.5B, up 17.2% from $1.3B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.7B. Over the past ten years it has ranged from $22.2M (fiscal 2016) to $3.2B (fiscal 2021); the current reading is higher than 73% of that period. T. Rowe Price Group, Inc. ranks 13th of 116 Asset Management companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.5B | 17.19% |
| FY2024 | $1.3B | 38.52% |
| FY2023 | $911.2M | (57.06%) |
| FY2022 | $2.1B | (33.96%) |
| FY2021 | $3.2B | 88.52% |
| FY2020 | $1.7B | 29.30% |
| FY2019 | $1.3B | (9.18%) |
| FY2018 | $1.5B | 3,244.24% |
| FY2017 | $43.4M | 95.50% |
| FY2016 | $22.2M | (98.39%) |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $450.9M | (40.85%) |
| Mar 2026 | $762.3M | — |
| Dec 2025 | −$85.4M | — |
| Sep 2025 | $546.0M | 16.74% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| PFG Principal Financial Group, Inc. compare | $4.9B |
| CRBG Corebridge Financial, Inc. compare | $1.9B |
| TROW T. Rowe Price Group, Inc. | $1.7B |
| RJF Raymond James Financial, Inc. compare | $1.4B |
| OWL Blue Owl Capital Inc. compare | $1.3B |
| EQH Equitable Holdings, Inc. compare | $1.3B |
| TPG TPG Inc. compare | $917.5M |
| BEN Franklin Resources Inc compare | $231.6M |
| NTRS Northern Trust Corporation compare | −$217.9M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on TROW
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement