T. Rowe Price Group, Inc. TROW
- Market cap
- $22.2B
- P/E
- 10.6×
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T. Rowe Price Group, Inc. (TROW) Price to free cash flow
As of 25 September 2026, T. Rowe Price Group, Inc. (TROW) trades at a price to free cash flow of 13.5×. Over the past ten years it has ranged from 7.3× (June 2022) to 851× (January 2017); the current reading is higher than 16% of that period. That is above the Asset Management industry median of 8.9× and above the Financial sector median of 10.0×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 15.2× | (23.72%) |
| FY2024 | 20.0× | (24.78%) |
| FY2023 | 26.5× | 128.28% |
| FY2022 | 11.6× | (16.17%) |
| FY2021 | 13.9× | (31.76%) |
| FY2020 | 20.3× | (6.60%) |
| FY2019 | 21.8× | 41.24% |
| FY2018 | 15.4× | (97.31%) |
| FY2017 | 573× | (31.69%) |
| FY2016 | 839× | 6,255.09% |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 14.5× | 25.34% |
| Mar 2026 | 11.6× | (23.84%) |
| Dec 2025 | 15.2× | (20.91%) |
| Sep 2025 | 19.3× | 6.15% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| NTRS Northern Trust Corporation compare | n/m |
| PFG Principal Financial Group, Inc. compare | n/m |
| OWL Blue Owl Capital Inc. compare | 4.8× |
| TPG TPG Inc. compare | 8.0× |
| CRBG Corebridge Financial, Inc. compare | 8.6× |
| EQH Equitable Holdings, Inc. compare | 11.3× |
| TROW T. Rowe Price Group, Inc. | 13.5× |
| RJF Raymond James Financial, Inc. compare | 21.5× |
| BEN Franklin Resources Inc compare | 73.5× |
| Asset Management industry median | 8.9× |
| Financial sector median | 10.0× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on TROW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- 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