Last 48 quarters of trend data · Financial Services · Asset Management
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
T. Rowe Price Group, Inc.'s quarterly P/E stands at 10.1x, down 5.4% year-over-year. EV/EBITDA has compressed 15.9% YoY to 5.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 11.39 | 10.11 | 12.86 | 8.94 | 10.77 | 10.68 | 14.73 | 10.32 | 13.66 | 12.24 | 14.17 | 13.31 | 13.59 |
| — | -5.4% | -12.7% | -13.3% | -21.2% | -12.7% | +3.9% | -22.5% | +0.5% | -20.6% | -39.7% | -15.8% | -30.1% | |
| P/S Ratio | 3.13 | 2.71 | 2.96 | 2.98 | 3.09 | 2.90 | 3.45 | 3.40 | 3.72 | 3.90 | 3.67 | 3.53 | 3.92 |
| — | -6.5% | -14.2% | -12.4% | -17.0% | -25.8% | -6.0% | -3.7% | -5.1% | -5.5% | -8.6% | -5.7% | -8.4% | |
| P/B Ratio | 1.96 | 1.70 | 1.90 | 1.88 | 1.80 | 1.77 | 2.20 | 2.16 | 2.38 | 2.56 | 2.34 | 2.32 | 2.41 |
| — | -4.4% | -13.6% | -12.9% | -24.4% | -30.8% | -6.1% | -6.5% | -1.4% | +1.5% | -7.3% | -5.5% | -9.2% | |
| P/FCF | 15.50 | 5.64 | — | 6.13 | 8.69 | 7.65 | — | 11.07 | 11.22 | 12.78 | — | 15.66 | 19.52 |
| — | -26.3% | — | -44.6% | -22.5% | -40.1% | — | -29.3% | -42.5% | -9.3% | — | +88.0% | +67.6% | |
| EV / EBITDA | 7.78 | 5.76 | 9.56 | 6.34 | 7.03 | 6.85 | 6.45 | 9.69 | 7.76 | 9.71 | 8.14 | 9.74 | 8.44 |
| — | -15.9% | +48.1% | -34.6% | -9.3% | -29.5% | -20.7% | -0.4% | -8.0% | -10.8% | +3.4% | +13.2% | +1.8% | |
| EV / EBIT | 9.32 | 6.49 | 8.31 | 6.93 | 9.17 | 7.23 | 9.51 | 8.20 | 9.59 | 10.23 | 13.35 | 8.59 | 10.81 |
| — | -10.3% | -12.6% | -15.5% | -4.4% | -29.3% | -28.8% | -4.5% | -11.2% | -20.3% | -13.1% | -9.5% | +16.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
T. Rowe Price Group, Inc.'s operating margin was 34.6% in Q1 2026, up 10.3 pp QoQ and up 0.8 pp YoY. The trailing four-quarter average of 30.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 49.7% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.7% | 78.3% | 94.6% | 53.1% | 48.1% | 52.3% | 51.9% | 52.7% | 52.6% | 50.5% | 46.5% | 53.0% | 50.7% |
| — | +49.7% | +82.1% | +0.7% | -8.6% | +3.5% | +11.8% | -0.7% | +3.7% | +4.9% | +1.3% | -1.4% | -14.5% | |
| Operating Margin | 29.9% | 34.6% | 24.4% | 34.0% | 27.8% | 33.8% | 31.2% | 34.4% | 32.6% | 33.5% | 23.6% | 34.8% | 33.1% |
| — | +2.5% | -21.8% | -1.1% | -14.8% | +0.9% | +32.1% | -1.2% | -1.7% | +6.4% | +42.0% | -3.8% | -25.0% | |
| Net Margin | 28.5% | 26.8% | 23.0% | 34.1% | 29.3% | 27.8% | 24.1% | 33.8% | 27.9% | 32.8% | 26.7% | 27.1% | 29.6% |
| — | -3.5% | -4.5% | +1.0% | +5.1% | -15.2% | -9.5% | +24.5% | -5.7% | +19.6% | +52.7% | +12.1% | +31.8% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.8% | 4.2% | 3.7% | 5.4% | 4.3% | 4.3% | 3.9% | 5.5% | 4.5% | 5.5% | 4.3% | 4.4% | 4.6% |
| — | -2.4% | -4.5% | -0.7% | -3.8% | -22.0% | -9.2% | +24.6% | -3.1% | +28.4% | +55.7% | +11.0% | +35.7% | |
| ROA | 14.9% | 3.4% | 3.0% | 4.4% | 3.6% | 3.6% | 3.2% | 4.5% | 3.7% | 4.6% | 3.5% | 3.6% | 3.8% |
| — | -3.8% | -6.2% | -1.2% | -4.3% | -21.8% | -8.1% | +25.0% | -3.1% | +28.9% | +56.6% | +11.3% | +36.5% | |
| ROIC | 13.3% | 3.8% | 2.8% | 3.9% | 3.0% | 3.8% | 3.7% | 4.1% | 3.8% | 4.1% | 2.8% | 4.1% | 3.8% |
| — | +1.4% | -24.0% | -4.0% | -23.0% | -7.6% | +33.3% | -0.8% | +1.4% | +14.7% | +45.3% | -5.1% | -23.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
T. Rowe Price Group, Inc.'s Debt/EBITDA ratio is 0.6x, down from 1.6x last quarter — comfortably within a safe range. The current ratio has improved 11.3% YoY to 6.54x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.07 | 0.04 | 0.07 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| — | -5.5% | +193.2% | +47.9% | +45.5% | +44.5% | -18.8% | -15.4% | -10.6% | -11.9% | -11.9% | -7.9% | +47.2% | |
| Debt / EBITDA | 0.33 | 0.65 | 1.61 | 0.60 | 0.72 | 0.72 | 0.32 | 0.52 | 0.40 | 0.47 | 0.45 | 0.57 | 0.47 |
| — | -9.8% | +411.5% | +14.0% | +79.9% | +53.7% | -29.8% | -7.5% | -15.1% | -22.0% | -0.2% | +11.6% | +65.5% | |
| Current Ratio | 73.08 | 6.54 | 73.08 | 11.44 | 10.95 | 5.87 | 8.01 | 10.91 | 9.35 | 6.07 | 5.88 | 7.61 | 7.11 |
| — | +11.3% | +812.9% | +4.9% | +17.1% | -3.3% | +36.2% | +43.4% | +31.6% | +9.6% | +6.2% | +3.1% | -2.8% | |
| Quick Ratio | 73.08 | 6.54 | 73.08 | 11.44 | 10.95 | 5.87 | 8.01 | 10.91 | 9.35 | 6.07 | 5.88 | 7.61 | 7.11 |
| — | +11.3% | +812.9% | +4.9% | +17.1% | -3.3% | +36.2% | +43.4% | +31.6% | +9.6% | +6.2% | +3.1% | -2.8% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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T. Rowe Price Group, Inc.'s current P/E is 11.4x. The average P/E over the last 4 quarters is 10.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
T. Rowe Price Group, Inc.'s current operating margin is 29.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking T. Rowe Price Group, Inc.'s business trajectory between earnings reports.