Key facts
- 52-week range (closes)
- $86.19 – $121.68 Lowest close Mar 20, 2026, highest Jul 28, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Jul 29, 2019 · All S&P 500 changes
- Analyst coverage
- 1 open price target from 1 firm: TD Cowen Approved targets tracked here; see the analyst section below
T. Rowe Price (TROW) is trading up at $102.13 (+2.03%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on TROW
One firm's current price target on T. Rowe Price: $110 — 8% above the current $102. Each is tracked to its date and scored the same way a member's call is.
- TD Cowen $111 → $110 by Aug 2027 Aug 31, 2026 via Investing.com · TD Cowen's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
T. Rowe Price revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.28B | $4.85B | $5.37B | $5.62B | $6.21B | $7.67B | $6.49B | $6.46B | $7.09B | $7.31B |
| Growth (year over year) | +2.0% | +13.3% | +10.7% | +4.6% | +10.5% | +23.6% | −15.4% | −0.4% | +9.8% | +3.1% |
| Operating income | $1.73B | $2.11B | $2.36B | $2.39B | $2.75B | $3.71B | $2.37B | $1.99B | $2.33B | $2.19B |
| Operating margin | 40.5% | 43.4% | 44.0% | 42.5% | 44.2% | 48.4% | 36.6% | 30.7% | 32.9% | 29.9% |
| Net income | $1.22B | $1.50B | $1.84B | $2.13B | $2.37B | $3.08B | $1.56B | $1.79B | $2.10B | $2.09B |
| Net margin | 28.4% | 30.9% | 34.2% | 37.9% | 38.2% | 40.2% | 24.0% | 27.7% | 29.6% | 28.5% |
| EPS (diluted) | $4.75 | $5.97 | $7.27 | $8.70 | $9.98 | $13.12 | $6.70 | $7.76 | $9.15 | $9.24 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.20B | $1.90B | $1.43B | $1.78B | $2.15B | $1.52B | $1.76B | $2.07B | $2.65B | $3.38B |
| Total assets | $6.22B | $7.54B | $7.69B | $9.33B | $10.7B | $12.5B | $11.6B | $12.3B | $13.5B | $14.3B |
| Total liabilities | $529.2M | $718.2M | $824.7M | $1.11B | $1.39B | $2.26B | $1.96B | $1.99B | $2.02B | $2.29B |
| Shareholders' equity | $5.01B | $5.82B | $6.12B | $7.10B | $7.71B | $9.02B | $8.84B | $9.51B | $10.3B | $10.9B |
| Cash flow | ||||||||||
| Operating cash flow | $170.5M | $229.5M | $1.62B | $1.52B | $1.92B | $3.45B | $2.36B | $1.22B | $1.69B | $1.75B |
| Capital expenditure | $148.3M | $186.1M | $168.5M | $204.6M | $214.6M | $239.1M | $237.6M | $307.9M | $423.4M | $274.2M |
| Free cash flow | $22.2M | $43.4M | $1.45B | $1.32B | $1.70B | $3.21B | $2.12B | $911.2M | $1.26B | $1.48B |
| Dividends paid | $540.8M | $563.1M | $694.3M | $733.9M | $845.8M | $1.70B | $1.11B | $1.12B | $1.14B | $1.14B |
| Share buybacks | $676.9M | $458.1M | $1.09B | $705.8M | $1.20B | $1.14B | $849.8M | $254.4M | $337.2M | $620.9M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.79B | $1.82B | $1.76B | $1.72B | $1.89B | $1.93B | $1.86B | $1.91B |
| Growth (year over year) | +6.9% | +11.1% | +0.8% | −0.6% | +6.0% | +6.0% | +5.3% | +10.7% |
| Operating income | $613.6M | $568.4M | $596.3M | $478.3M | $643.2M | $471.0M | $680.5M | $540.5M |
| Operating margin | 34.4% | 31.2% | 33.8% | 27.8% | 34.0% | 24.4% | 36.6% | 28.3% |
| Net income | $603.0M | $439.9M | $490.5M | $505.2M | $646.1M | $445.3M | $498.2M | $632.0M |
| Net margin | 33.8% | 24.1% | 27.8% | 29.3% | 34.1% | 23.0% | 26.8% | 33.1% |
| EPS (diluted) | $2.64 | $1.91 | $2.15 | $2.24 | $2.87 | $1.98 | $2.23 | $2.88 |
| Balance sheet | ||||||||
| Cash and equivalents | $3.17B | $2.65B | $2.84B | $3.06B | $3.63B | $3.38B | $3.73B | $3.23B |
| Total assets | $13.7B | $13.5B | $14.0B | $14.3B | $14.7B | $14.3B | $14.4B | $15.4B |
| Total liabilities | $2.49B | $2.02B | $2.46B | $2.53B | $2.76B | $2.29B | $2.52B | $3.18B |
| Shareholders' equity | $10.2B | $10.3B | $10.4B | $10.6B | $10.8B | $10.9B | $10.8B | $11.0B |
| Cash flow | ||||||||
| Operating cash flow | $652.5M | −$281.9M | $632.9M | $529.9M | $609.3M | −$18.7M | $824.3M | $517.3M |
| Capital expenditure | $104.6M | $113.0M | $82.0M | $62.2M | $63.3M | $66.7M | $62.0M | $66.4M |
| Free cash flow | $547.9M | −$394.9M | $550.9M | $467.7M | $546.0M | −$85.4M | $762.3M | $450.9M |
| Dividends paid | $281.3M | $284.6M | $289.5M | $285.6M | $283.4M | $284.5M | $289.1M | $282.1M |
| Share buybacks | $73.6M | $68.1M | $215.2M | $113.1M | $153.5M | $139.1M | $333.5M | $167.3M |
From T. Rowe Price's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
T. Rowe Price vs the Financials sector and the S&P 500
T. Rowe Price's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | T. Rowe Price | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +3.1% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 28.5% | 19.3% | 12.9% |
| Dividend per share, latest fiscal year | $5.08 | $2.35 | $2.40 |
| Share price change, 1 year | −2.0% | +9.3% | +7.5% |
T. Rowe Price: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, T. Rowe Price included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 61/349, 1-year price change 75/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 61 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
About T. Rowe Price
T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers mutual funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion, and annual revenues of $6.48 billion as of 2023; in 2023, it placed #537 on the Fortune 1000 list of the largest U.S. companies. Headquartered at 1307 Point Street in Baltimore, Maryland, in 2024, T. Rowe Price had 7,868 employees across 17 international offices with clients in 55 countries.
Source: Wikipedia — T. Rowe Price
- Headquarters
- Baltimore, Maryland From SEC filings, Oct 2026
Recent News (20)
-
T. Rowe Price (TROW) Stock Still Looks Undervalued As Shares Fell 38% T. Rowe Price (TROW) Stock Still Looks Undervalued As Shares Fell 38% Simply Wall Street
-
T. Rowe Price (TROW) Stock Still Looks Undervalued As Shares Fell 38% T. Rowe Price (TROW) Stock Still Looks Undervalued As Shares Fell 38% Yahoo Finance
-
T. Rowe Price Group (TROW) Stock Sees Modest Fair Value Cut On Mixed Analyst Views T. Rowe Price Group (TROW) Stock Sees Modest Fair Value Cut On Mixed Analyst Views Yahoo Finance
-
T. Rowe Price (TROW) Beats Stock Market Upswing: What Investors Need to Know T. Rowe Price (TROW) Beats Stock Market Upswing: What Investors Need to Know Yahoo Finance
-
T. ROWE PRICE GROUP REPORTS MONTH-END ASSETS UNDER MANAGEMENT FOR SEPTEMBER 2026 BALTIMORE, Oct. 12, 2026 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced September month-end assets under management of $1.86 trillion. Net outflows for September 2026 were $12.2…
-
-
T. Rowe Price (TROW) Stock Could Be A Bargain On A 32% Slump T. Rowe Price (TROW) Stock Could Be A Bargain On A 32% Slump Simply Wall Street
-
T. ROWE PRICE LAUNCHES DYNAMIC EMERGING MARKETS BOND EXCHANGE TRADED FUND The firm expands its active ETF roster to 39 with the new fixed income offering BALTIMORE, Oct. 1, 2026 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, a…
-
AI voice startup ElevenLabs doubles valuation to $22B The $300 million employee tender was co-led by Wellington and T. Rowe Price.
-
-
Is T. Rowe Price Global Growth Stock Retail (RPGEX) a Strong Mutual Fund Pick Right Now? Is T. Rowe Price Global Growth Stock Retail (RPGEX) a Strong Mutual Fund Pick Right Now? Yahoo Finance Singapore
-
-
-
-
-
-
-
The ‘CIA’ strategy beating the market: How one top-performing money manager spots mispriced stocks Sebastien Mallet is on the verge of his best one-year performance ever as portfolio manager of T. Rowe Price Global Value Equity Fund. Here’s what he’s buying.
-
-
How Is T. Rowe Price's Stock Performance Compared to Other Financial Stocks?
How Is T. Rowe Price's Stock Performance Compared to Other Financial Stocks?
More Financials stocks
- SPGI S&P Global
- STT State Street Corporation
- SYF Synchrony Financial
- TFC Truist Financial
- TRV Travelers Companies (The)
- USB U.S. Bancorp
- V Visa Inc.
- WFC Wells Fargo