Company Overview

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.

  • Name

    T. Rowe Price Group, Inc.

  • CEO

    Mr. Robert W. Sharps C.F.A., CPA

  • Website

    www.troweprice.com

  • Sector

    Capital Markets

  • Year Founded

    1937

Profile

  • Market Cap

    $22.64B

  • EV

    $21.19B

  • Shares Out

    222.6M

  • Revenue

    $6,796.2M

  • Employees

    7,929

Margins

  • Gross

    50.69%

  • EBITDA

    38.65%

  • Operating

    31.05%

  • Pre-Tax

    39.01%

  • Net

    28.66%

  • FCF

    18.34%

Returns (5Yr Avg)

  • ROA

    20.49%

  • ROTA

    25.19%

  • ROE

    24.53%

  • ROCE

    28.32%

  • ROIC

    25.52%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $113

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $2,714.9M

  • Net Debt

    -$2,338.4M

  • Debt/Equity

    0.03

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    -1.38%

  • Rev 5Yr

    4.62%

  • Rev 10Yr

    6.12%

  • Dil EPS 3Yr

    -12.58%

  • Dil EPS 5Yr

    1.26%

  • Dil EPS 10Yr

    6.96%

  • Rev Fwd 2Yr

    7.64%

  • EBITDA Fwd 2Yr

    6.36%

  • EPS Fwd 2Yr

    9.62%

  • EPS LT Growth Est

    7.47%

Dividends

  • Yield

  • Payout

    57.98%

  • DPS

    $4.92

  • DPS Growth 3Yr

    7.5%

  • DPS Growth 5Yr

    11%

  • DPS Growth 10Yr

    11.61%

  • DPS Growth Fwd 2Yr

    1.91%

NasdaqGS:TROW