# T. Rowe Price Group Inc. (TROW) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Capital Markets. Price $106.23, market value $22.7 billion.

## Valuation
- **P/E (trailing): 10.8×** (5-yr avg 12.1×, 3-yr avg 11.5×). T. Rowe Price Group Inc. trades at 10.8× trailing earnings, close to its own five-year average of 12.1×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 10.65**. A PEG of 10.65 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 2.9×**. Each dollar of revenue is priced at 2.9×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.1%** (5-yr avg 7.1%). Free cash flow equals 7.1% of the market value, in line with its five-year average of 7.1%. Above 5% is generally attractive.
- **Earnings yield: 9.3%**. The inverse of the P/E: 9.3% of the price is earned each year.

## Profitability
- **Operating margin: 32.0%**. 32.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 28.5%**. 28.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.2%**. 19.2% on shareholders' equity is solid.
- **Return on assets: 15.3%**. Each dollar of assets produces 15.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 3.1%** (3-yr 4.1%/yr, 5-yr 3.3%/yr). Revenue grew 3.1% over the last year, against 3.3% a year compounded over five years.
- **EPS growth (1 yr): 1.0%** (3-yr 11.3%/yr, 5-yr -1.5%/yr). Earnings per share rose 1.0%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -11.3%/yr**. Free cash flow has compounded at -11.3% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 4.90%** ($5.17 per share, trailing). T. Rowe Price Group Inc. yields 4.90%, an income-level yield.
- **Payout ratio: 55%** (71% of free cash flow). 55% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 7.1%/yr** (1-yr 2.4%). The dividend has grown 7.1% a year over five years.

## Analyst view
- **Analyst consensus: hold** (13 analysts). 13 analysts cover T. Rowe Price Group Inc.; the consensus is hold, with an average price target of $105.15 (-1% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 7.3%** (YTD 6.2%, 3-mo -6.7%). The shares are up 7.3% over twelve months including dividends.
- **From 52-week high: -12.9%** (24.7% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.89** (volatility 24%). Beta of 0.89 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TROW · Page: https://foliofundamentals.com/stocks/trow

Not investment advice.