T. Rowe Price Group Stock (NASDAQ:TROW)
Previous Close
$105.91
52W Range
$85.22 - $118.22
50D Avg
$99.97
200D Avg
$100.99
Market Cap
$22.80B
Avg Vol (3M)
$2.28M
Beta
1.52
Div Yield
$5.11 (4.80%)
TROW Company Profile
T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, 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.
TROW Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Asset Management | $6.60B | $6.40B | $5.75B |
| Capital Allocation Based Income | $81.20M | $46.60M | $161.90M |
| Administrative Service | - | $588.00M | $550.90M |
| Administrative, Distribution, And Servicing | - | - | $550.90M |
Fiscal year ends in Dec 25 | Currency in USD
Peer Comparison
| Ticker | Company |
|---|---|
| BAM | Brookfield Asset Management Ltd. |
| PFG | Principal Financial Group, Inc. |
| KKR | KKR & Co. Inc. |
| GAIN | Gladstone Investment Corporation |
| MAIN | Main Street Capital Corporation |
| FSK | FS KKR Capital Corp. |
| BLK | BlackRock, Inc. |
| IVZ | Invesco Ltd. |
| BK | The Bank of New York Mellon Corporation |
| APO | Apollo Global Management, Inc. |
| ARCC | Ares Capital Corporation |
| STT | State Street Corporation |
| BX | Blackstone Inc. |
| AMP | Ameriprise Financial, Inc. |
| PFLT | PennantPark Floating Rate Capital Ltd. |
| PSEC | Prospect Capital Corporation |
| CG | The Carlyle Group Inc. |
| HTGC | Hercules Capital, Inc. |