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Stock Comparison

TROW vs BEN

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
TROW
T. Rowe Price Group, Inc.

Asset Management

Financial ServicesNASDAQ • US
Market Cap$23.09B
5Y Perf.-12.2%
BEN
Franklin Resources, Inc.

Asset Management

Financial ServicesNYSE • US
Market Cap$16.19B
5Y Perf.+65.1%

TROW vs BEN — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
TROW logoTROW
BEN logoBEN
IndustryAsset ManagementAsset Management
Market Cap$23.09B$16.19B
Revenue (TTM)$7.31B$8.77B
Net Income (TTM)$2.09B$812M
Gross Margin62.7%80.3%
Operating Margin29.9%6.9%
Forward P/E11.5x11.4x
Total Debt$860M$13.30B
Cash & Equiv.$3.38B$3.57B

TROW vs BENLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

TROW
BEN
StockMay 20May 26Return
T. Rowe Price Group… (TROW)10087.8-12.2%
Franklin Resources,… (BEN)100165.1+65.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: TROW vs BEN

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: TROW leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Franklin Resources, Inc. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. As sector peers, any of these can serve as alternatives in the same allocation.
TROW
T. Rowe Price Group, Inc.
The Banking Pick

TROW carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 3 yrs, beta 1.18, yield 4.8%
  • 96.8% 10Y total return vs BEN's 24.7%
  • Lower volatility, beta 1.18, Low D/E 7.1%, current ratio 73.08x
Best for: income & stability and long-term compounding
BEN
Franklin Resources, Inc.
The Banking Pick

BEN is the clearest fit if your priority is growth exposure.

  • Rev growth 3.5%, EPS growth 7.1%
  • 3.5% NII/revenue growth vs TROW's 3.1%
  • Lower P/E (11.4x vs 11.5x)
Best for: growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthBEN logoBEN3.5% NII/revenue growth vs TROW's 3.1%
ValueBEN logoBENLower P/E (11.4x vs 11.5x)
Quality / MarginsTROW logoTROWEfficiency ratio 0.3% vs BEN's 0.7% (lower = leaner)
Stability / SafetyTROW logoTROWBeta 1.18 vs BEN's 1.31, lower leverage
DividendsTROW logoTROW4.8% yield, 3-year raise streak, vs BEN's 4.3%
Momentum (1Y)BEN logoBEN+61.7% vs TROW's +23.4%
Efficiency (ROA)TROW logoTROWEfficiency ratio 0.3% vs BEN's 0.7%

TROW vs BEN — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

TROWT. Rowe Price Group, Inc.
FY 2025
Asset Management
98.8%$6.6B
Capital Allocation Based Income
1.2%$81M
BENFranklin Resources, Inc.
FY 2025
Investment Advisory, Management and Administrative Service
79.6%$7.0B
Sales And Distribution Fees
16.8%$1.5B
Shareholder Service
3.0%$265M
Service, Other
0.6%$50M

TROW vs BEN — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLTROWLAGGINGBEN

Income & Cash Flow (Last 12 Months)

TROW leads this category, winning 3 of 5 comparable metrics.

BEN and TROW operate at a comparable scale, with $8.8B and $7.3B in trailing revenue. TROW is the more profitable business, keeping 28.5% of every revenue dollar as net income compared to BEN's 6.0%.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
RevenueTrailing 12 months$7.3B$8.8B
EBITDAEarnings before interest/tax$2.7B$1.2B
Net IncomeAfter-tax profit$2.1B$812M
Free Cash FlowCash after capex$2.3B$938M
Gross MarginGross profit ÷ Revenue+62.7%+80.3%
Operating MarginEBIT ÷ Revenue+29.9%+6.9%
Net MarginNet income ÷ Revenue+28.5%+6.0%
FCF MarginFCF ÷ Revenue+20.2%+10.4%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year+3.7%+100.0%
TROW leads this category, winning 3 of 5 comparable metrics.

Valuation Metrics

Evenly matched — TROW and BEN each lead in 3 of 6 comparable metrics.

At 11.5x trailing earnings, TROW trades at a 66% valuation discount to BEN's 34.2x P/E. On an enterprise value basis, TROW's 7.9x EV/EBITDA is more attractive than BEN's 22.8x.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
Market CapShares × price$23.1B$16.2B
Enterprise ValueMkt cap + debt − cash$20.6B$25.9B
Trailing P/EPrice ÷ TTM EPS11.47x34.24x
Forward P/EPrice ÷ next-FY EPS est.11.49x11.45x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple7.85x22.82x
Price / SalesMarket cap ÷ Revenue3.16x1.85x
Price / BookPrice ÷ Book value/share1.97x1.13x
Price / FCFMarket cap ÷ FCF15.61x17.76x
Evenly matched — TROW and BEN each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

TROW leads this category, winning 7 of 8 comparable metrics.

TROW delivers a 17.6% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $6 for BEN. TROW carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to BEN's 0.94x. On the Piotroski fundamental quality scale (0–9), BEN scores 6/9 vs TROW's 4/9, reflecting solid financial health.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
ROE (TTM)Return on equity+17.6%+5.6%
ROA (TTM)Return on assets+14.4%+2.5%
ROICReturn on invested capital+13.3%+1.6%
ROCEReturn on capital employed+15.9%+2.0%
Piotroski ScoreFundamental quality 0–946
Debt / EquityFinancial leverage0.07x0.94x
Net DebtTotal debt minus cash-$2.5B$9.7B
Cash & Equiv.Liquid assets$3.4B$3.6B
Total DebtShort + long-term debt$860M$13.3B
Interest CoverageEBIT ÷ Interest expense15.19x
TROW leads this category, winning 7 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

BEN leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in BEN five years ago would be worth $10,965 today (with dividends reinvested), compared to $7,079 for TROW. Over the past 12 months, BEN leads with a +61.7% total return vs TROW's +23.4%. The 3-year compound annual growth rate (CAGR) favors BEN at 11.3% vs TROW's 4.4% — a key indicator of consistent wealth creation.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
YTD ReturnYear-to-date+2.7%+32.3%
1-Year ReturnPast 12 months+23.4%+61.7%
3-Year ReturnCumulative with dividends+13.9%+37.8%
5-Year ReturnCumulative with dividends-29.2%+9.7%
10-Year ReturnCumulative with dividends+96.8%+24.7%
CAGR (3Y)Annualised 3-year return+4.4%+11.3%
BEN leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.

TROW is the less volatile stock with a 1.18 beta — it tends to amplify market swings less than BEN's 1.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BEN currently trades 99.1% from its 52-week high vs TROW's 89.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
Beta (5Y)Sensitivity to S&P 5001.18x1.31x
52-Week HighHighest price in past year$118.22$31.44
52-Week LowLowest price in past year$85.51$19.79
% of 52W HighCurrent price vs 52-week peak+89.8%+99.1%
RSI (14)Momentum oscillator 0–10074.875.9
Avg Volume (50D)Average daily shares traded2.3M5.1M
Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.

Wall Street rates TROW as "Hold" and BEN as "Hold". Consensus price targets imply -4.6% upside for TROW (target: $101) vs -7.7% for BEN (target: $29). For income investors, TROW offers the higher dividend yield at 4.81% vs BEN's 4.26%.

MetricTROW logoTROWT. Rowe Price Gro…BEN logoBENFranklin Resource…
Analyst RatingConsensus buy/hold/sellHoldHold
Price TargetConsensus 12-month target$101.20$28.75
# AnalystsCovering analysts3827
Dividend YieldAnnual dividend ÷ price+4.8%+4.3%
Dividend StreakConsecutive years of raises36
Dividend / ShareAnnual DPS$5.11$1.33
Buyback YieldShare repurchases ÷ mkt cap+2.7%+1.5%
Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.
Key Takeaway

TROW leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BEN leads in 1 (Total Returns). 3 tied.

Best OverallT. Rowe Price Group, Inc. (TROW)Leads 2 of 6 categories
Loading custom metrics...

TROW vs BEN: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is TROW or BEN a better buy right now?

For growth investors, Franklin Resources, Inc.

(BEN) is the stronger pick with 3. 5% revenue growth year-over-year, versus 3. 1% for T. Rowe Price Group, Inc. (TROW). T. Rowe Price Group, Inc. (TROW) offers the better valuation at 11. 5x trailing P/E (11. 5x forward), making it the more compelling value choice. Analysts rate T. Rowe Price Group, Inc. (TROW) a "Hold" — based on 38 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — TROW or BEN?

On trailing P/E, T.

Rowe Price Group, Inc. (TROW) is the cheapest at 11. 5x versus Franklin Resources, Inc. at 34. 2x. On forward P/E, Franklin Resources, Inc. is actually cheaper at 11. 4x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — TROW or BEN?

Over the past 5 years, Franklin Resources, Inc.

(BEN) delivered a total return of +9. 7%, compared to -29. 2% for T. Rowe Price Group, Inc. (TROW). Over 10 years, the gap is even starker: TROW returned +96. 8% versus BEN's +24. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — TROW or BEN?

By beta (market sensitivity over 5 years), T.

Rowe Price Group, Inc. (TROW) is the lower-risk stock at 1. 18β versus Franklin Resources, Inc. 's 1. 31β — meaning BEN is approximately 11% more volatile than TROW relative to the S&P 500. On balance sheet safety, T. Rowe Price Group, Inc. (TROW) carries a lower debt/equity ratio of 7% versus 94% for Franklin Resources, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — TROW or BEN?

By revenue growth (latest reported year), Franklin Resources, Inc.

(BEN) is pulling ahead at 3. 5% versus 3. 1% for T. Rowe Price Group, Inc. (TROW). On earnings-per-share growth, the picture is similar: Franklin Resources, Inc. grew EPS 7. 1% year-over-year, compared to 1. 1% for T. Rowe Price Group, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — TROW or BEN?

T.

Rowe Price Group, Inc. (TROW) is the more profitable company, earning 28. 5% net margin versus 6. 0% for Franklin Resources, Inc. — meaning it keeps 28. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TROW leads at 29. 9% versus 6. 9% for BEN. At the gross margin level — before operating expenses — BEN leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is TROW or BEN more undervalued right now?

On forward earnings alone, Franklin Resources, Inc.

(BEN) trades at 11. 4x forward P/E versus 11. 5x for T. Rowe Price Group, Inc. — 0. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TROW: -4. 6% to $101. 20.

08

Which pays a better dividend — TROW or BEN?

All stocks in this comparison pay dividends.

T. Rowe Price Group, Inc. (TROW) offers the highest yield at 4. 8%, versus 4. 3% for Franklin Resources, Inc. (BEN).

09

Is TROW or BEN better for a retirement portfolio?

For long-horizon retirement investors, T.

Rowe Price Group, Inc. (TROW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 18), 4. 8% yield). Both have compounded well over 10 years (TROW: +96. 8%, BEN: +24. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between TROW and BEN?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: TROW is a mid-cap deep-value stock; BEN is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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TROW

Dividend Mega-Cap Quality

  • Sector: Financial Services
  • Market Cap > $100B
  • Net Margin > 17%
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BEN

Income & Dividend Stock

  • Sector: Financial Services
  • Market Cap > $100B
  • Net Margin > 5%
  • Dividend Yield > 1.7%
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Beat Both

Find stocks that outperform TROW and BEN on the metrics below

Revenue Growth>
%
(TROW: 3.1% · BEN: 3.5%)
Net Margin>
%
(TROW: 28.5% · BEN: 6.0%)
P/E Ratio<
x
(TROW: 11.5x · BEN: 34.2x)

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