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TROW vs BEN
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
TROW vs BEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $23.09B | $16.19B |
| Revenue (TTM) | $7.31B | $8.77B |
| Net Income (TTM) | $2.09B | $812M |
| Gross Margin | 62.7% | 80.3% |
| Operating Margin | 29.9% | 6.9% |
| Forward P/E | 11.5x | 11.4x |
| Total Debt | $860M | $13.30B |
| Cash & Equiv. | $3.38B | $3.57B |
TROW vs BEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| T. Rowe Price Group… (TROW) | 100 | 87.8 | -12.2% |
| Franklin Resources,… (BEN) | 100 | 165.1 | +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.
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
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)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.5% NII/revenue growth vs TROW's 3.1% | |
| Value | Lower P/E (11.4x vs 11.5x) | |
| Quality / Margins | Efficiency ratio 0.3% vs BEN's 0.7% (lower = leaner) | |
| Stability / Safety | Beta 1.18 vs BEN's 1.31, lower leverage | |
| Dividends | 4.8% yield, 3-year raise streak, vs BEN's 4.3% | |
| Momentum (1Y) | +61.7% vs TROW's +23.4% | |
| Efficiency (ROA) | Efficiency 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
TROW vs BEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
TROW leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
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%.
| Metric | ||
|---|---|---|
| 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% |
Valuation Metrics
Evenly matched — TROW and BEN each lead in 3 of 6 comparable metrics.
Valuation 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.
| Metric | ||
|---|---|---|
| Market CapShares × price | $23.1B | $16.2B |
| Enterprise ValueMkt cap + debt − cash | $20.6B | $25.9B |
| Trailing P/EPrice ÷ TTM EPS | 11.47x | 34.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.49x | 11.45x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 7.85x | 22.82x |
| Price / SalesMarket cap ÷ Revenue | 3.16x | 1.85x |
| Price / BookPrice ÷ Book value/share | 1.97x | 1.13x |
| Price / FCFMarket cap ÷ FCF | 15.61x | 17.76x |
Profitability & Efficiency
TROW leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
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.
| Metric | ||
|---|---|---|
| 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 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 0.07x | 0.94x |
| 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 expense | — | 15.19x |
Total Returns (Dividends Reinvested)
BEN leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
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.
| Metric | ||
|---|---|---|
| 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% |
Risk & Volatility
Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.18x | 1.31x |
| 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 0–100 | 74.8 | 75.9 |
| Avg Volume (50D)Average daily shares traded | 2.3M | 5.1M |
Analyst Outlook
Evenly matched — TROW and BEN each lead in 1 of 2 comparable metrics.
Analyst Outlook
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%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $101.20 | $28.75 |
| # AnalystsCovering analysts | 38 | 27 |
| Dividend YieldAnnual dividend ÷ price | +4.8% | +4.3% |
| Dividend StreakConsecutive years of raises | 3 | 6 |
| Dividend / ShareAnnual DPS | $5.11 | $1.33 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.7% | +1.5% |
TROW leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BEN leads in 1 (Total Returns). 3 tied.
TROW vs BEN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is 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.
02Which 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.
03Which 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.
04Which 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.
05Which 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.
06Which 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.
07Is 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.
08Which 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).
09Is 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.
10What 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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