T. Rowe Price Group, Inc.

NasdaqGS TROW

T. Rowe Price Group, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2024: 16.16%

T. Rowe Price Group, Inc. Return on Assets (ROA) is 16.16% for the Trailing 12 Months (TTM) ending September 30, 2024, a 22.36% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

T. Rowe Price Group, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2023 was 13.21%, a -21.01% change year over year.
T. Rowe Price Group, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2022 was 16.72%, a -40.96% change year over year.
T. Rowe Price Group, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2021 was 28.32%, a 24.63% change year over year.
T. Rowe Price Group, Inc. Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2020 was 22.72%, a 1.00% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NasdaqGS: TROW

T. Rowe Price Group, Inc.

CEO	Mr. Robert W. Sharps C.F.A., CPA
IPO Date	April 2, 1986
Location	United States
Headquarters	100 East Pratt Street
Employees	8,104
Sector	Finance
Industries Investment Banking & Asset Management Hedge Funds Pension Funds Private Equity Research & Consulting

Description

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, 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.

Key trends

Past 5 years