T. Rowe Price Group, Inc.
TROW Financial Asset Management
T. Rowe Price Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.3 billion, up 3.12% from fiscal 2024. In the quarter to June 2026, revenue grew 10.7%, EPS grew 28.6% and free cash flow fell 3.59%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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T. Rowe Price Group, Inc. (TROW) Return on invested capital
T. Rowe Price Group, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 18.4%, up 0.5 percentage points from fiscal 2025 (17.9%). Over the past ten years it has ranged from 16.3% (fiscal 2023) to 33.6% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Asset Management industry median of 2.97% and above the Financial sector median of 4.85%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 17.9% | (0.65) |
| FY2024 | 18.6% | 2.29 |
| FY2023 | 16.3% | (4.12) |
| FY2022 | 20.4% | (9.54) |
| FY2021 | 29.9% | (0.96) |
| FY2020 | 30.9% | 2.85 |
| FY2019 | 28.0% | (3.37) |
| FY2018 | 31.4% | (2.20) |
| FY2017 | 33.6% | 5.13 |
| FY2016 | 28.5% | (4.58) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| RJF Raymond James Financial, Inc. compare | 75.2% |
| TROW T. Rowe Price Group, Inc. | 18.4% |
| PFG Principal Financial Group, Inc. compare | 10.3% |
| TPG TPG Inc. compare | 7.97% |
| CRBG Corebridge Financial, Inc. compare | 4.59% |
| OWL Blue Owl Capital Inc. compare | 3.63% |
| BEN Franklin Resources Inc compare | 2.27% |
| EQH Equitable Holdings, Inc. compare | 0.00% |
| NTRS Northern Trust Corporation compare | 0.00% |
| Asset Management industry median | 2.97% |
| Financial sector median | 4.85% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on TROW
- Revenue
- Net income
- EPS (diluted)
- 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
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement