T. Rowe Price Group, Inc. (TROW) Stock Analysis 2026

This chart shows how TROW's revenue flows through to profit. Each row deducts a layer of costs: first the direct cost of making products/services (Cost of Revenue), then operating expenses like marketing and R&D, then taxes. What remains at the bottom is net income — the actual profit shareholders own. High gross and net margins indicate a business with strong pricing power and efficiency.

T. Rowe Price Group, Inc. trades at a trailing P/E of 11.20x, generates $2.02B in free cash flow, runs a debt/equity ratio of 3.70, and converts shareholder equity into profit at a 19.4% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

13 analysts covering T. Rowe Price Group, Inc. currently lean toward a Underperform rating, with a mean 12-month price target of $109.58 (-2.6% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.

Across the 1 valuation model available for TROW, fair value estimates range from $192.91 to $192.91, averaging $192.91 — above the current $112.55 price. Intrinsic value is what a stock is truly worth based on the company's fundamentals, independent of what the market prices it at today. If multiple models agree the stock is undervalued, that convergence is a stronger signal.