T. Rowe Price Group Inc.

T. Rowe Price Group Inc.

TROW

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Market Cap$22.4B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
T. Rowe Price Group Inc.T. Rowe Price Group Inc.11.14.89%20%-0.1

Earnings Call Q1 2026

April 30, 2026 - AI Summary

Financial Performance and Adjusted EPS: T. Rowe Price reported an adjusted earnings per share (EPS) of $2.52 for Q1 2026, representing a 3% increase from Q4 2025 and a 13% increase year-over-year (YOY) from Q1 2025. This growth was attributed to higher revenue from increased average assets under management (AUM) and lower expenses, despite a challenging one-year investment performance across equity strategies.
AUM and Flows: The company ended Q1 with $1.71 trillion in AUM, facing $13.7 billion in net outflows. Despite the overall outflows, key areas such as multi-asset, fixed income, and alternatives experienced positive net flows. The strong performance of the Target Date franchise, which achieved $4.9 billion in net inflows, was highlighted amidst declining flows in U.S. growth-oriented equity strategies.
Expense Management and Operating Outlook: Adjusted operating expenses totaled $1.14 billion, with an anticipated increase of 3% to 6% for the full year 2026. The decrease from Q4 was seasonal, reflecting cost-saving initiatives. Plans to invest in strategic growth areas persist, even amidst market volatility, indicating a commitment to balancing cost management with business development.

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$100.40

Target Price by Analysts

3.5% downsideT. Rowe Price Group Target Price DetailsTarget Price
$104.41

Current Fair Value

0.4% upside

Undervalued by 0.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$22.40 Billion
Enterprise Value$19.57 Billion
Dividend Yield$5.11 (4.89%)
Earnings per Share$9.26
Beta1.53
Outstanding Shares223,408,072

Return

Return on Equity19.63%ROE
Return on Assets14.70%
Return on Invested Capital18.60%

Valuation & Multiples

P/E Ratio11.15P/E Ratio
PEG710.14PEG
Price to Sales0.0Price to Sales
Price to Book Ratio1.96Price to Book Ratio
Enterprise Value to Revenue0
Enterprise Value to EBIT7.61
Enterprise Value to Net Income9
Total Debt to Enterprise0.05
Debt to Equity0.08Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 1, 2026
EPS Estimate
$2.41
Average shareholder expectation
Revenue Estimate
$1.87 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 7, 2026
EPS Estimate
$2.31
Average shareholder expectation
Revenue Estimate
$1.83 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.7039 4.13%
Total Calls1,569,097 9.40%
Total Puts1,104,423 3.75%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %83.11% 0.85%
Total Invested$16.77B 10.66%
Investors Holding1,120 40.00%

ESG Score

No data

About T. Rowe Price Group Inc.

CEO: William Stromberg

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the crucial 'revenue estimates' and technical analysis for all tax legislation. Its work directly influences corporate tax structures, capital investment credits, and the overall tax burden, profoundly shaping the investment environment and market performance for TROW.

Finance

As the most powerful economic committee, it controls taxation, trade, and entitlement spending. Its policies directly impact corporate valuations, individual investment incentives, and overall market dynamics, which are core to TROW's business.

Appropriations

This committee directly allocates discretionary federal spending across all sectors, determining cash flow for defense, research, and infrastructure, thereby significantly impacting the revenue and valuations of countless companies in TROW's investment universe.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC and plays a key role in defining cryptocurrencies as digital commodities, directly impacting regulations for derivatives markets and emerging asset classes relevant to financial services firms like TROW.

Judiciary

This committee's oversight of antitrust laws and intellectual property, influencing M&A approvals and monopolistic practices, directly impacts corporate valuations and market structure, which is critical for an investment manager like TROW.

Banking, Housing, and Urban Affairs

This is a primary regulatory body for TROW, overseeing the entire financial system, including the Fed and SEC. Its decisions on bank capital, cryptocurrency regulation, and financial markets directly impact TROW's operations and regulatory environment.

Budget

This committee drafts the budget resolution and influences macroeconomic conditions, sovereign debt, and major spending packages, all of which directly shape the overall investment environment and market stability for TROW.

Select Committee on Intelligence

Members receive classified briefings on global threats, creating significant informational asymmetry that can directly impact defense, cybersecurity, and other market-sensitive sectors in which TROW invests.

Foreign Relations

U.S. foreign policy, sanctions, and international relations directly impact global markets, energy prices, and sovereign risk, all of which are critical factors for TROW's investment portfolios and client assets.