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) Operating margin

T. Rowe Price Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 30.8%, up 0.8 percentage points from fiscal 2025 (29.9%). Over the past ten years it has ranged from 29.9% (fiscal 2025) to 48.4% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Asset Management industry median of 33.0% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 29.9% (2.97)
FY2024 32.9% 2.15
FY2023 30.7% (5.84)
FY2022 36.6% (11.78)
FY2021 48.4% 4.12
FY2020 44.2% 1.75
FY2019 42.5% (1.46)
FY2018 44.0% 0.51
FY2017 43.4% 2.99
FY2016 40.5% (4.76)

Quarterly

Period Operating margin Change (points)
Jun 2026 28.3% (8.31)
Mar 2026 36.7% 12.30
Dec 2025 24.4% (9.62)
Sep 2025 34.0% 6.22
42 more quarters

Against its own ten years

Low 29.9% High 48.4%
Ten-year median 42.5%
Current reading's percentile 9

Operating margin against peers

Company Operating margin
TROW T. Rowe Price Group, Inc. 30.8%
RJF Raymond James Financial, Inc. compare 27.5%
OWL Blue Owl Capital Inc. compare 16.9%
TPG TPG Inc. compare 15.5%
PFG Principal Financial Group, Inc. compare 11.9%
BEN Franklin Resources Inc compare 9.71%
CRBG Corebridge Financial, Inc. compare 8.01%
NTRS Northern Trust Corporation compare 0.00%
EQH Equitable Holdings, Inc. compare −3.62%
Asset Management industry median 33.0%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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