Price T Rowe Group Inc (TROW) stock
TROWNasdaqInvestment AdviceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 23/3029% below fair value
$108.22−2.47 (-2.23%)
Close on Nov 12, 2026Market cap $23.09BP/E 10.9Yield 4.69%
Price T Rowe operating margin
Operating margin is operating income as a percentage of revenue.
Price T Rowe's operating margin for the twelve months ending Sep 30, 2026 was 32.0%. For fiscal 2025 it was 29.9%, against 32.9% the year before. The highest annual figure on record is 48.4% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 29.9% | −3.0 |
| FY2024 | Dec 31, 2024 | 32.9% | +2.1 |
| FY2023 | Dec 31, 2023 | 30.7% | −5.8 |
| FY2022 | Dec 31, 2022 | 36.6% | −11.8 |
| FY2021 | Dec 31, 2021 | 48.4% | +4.1 |
| FY2020 | Dec 31, 2020 | 44.2% | +1.7 |
| FY2019 | Dec 31, 2019 | 42.5% | −1.5 |
| FY2018 | Dec 31, 2018 | 44.0% | +0.5 |
| FY2017 | Dec 31, 2017 | 43.4% | +3.0 |
| FY2016 | Dec 31, 2016 | 40.5% | −4.8 |
| FY2015 | Dec 31, 2015 | 45.2% | −2.3 |
| FY2014 | Dec 31, 2014 | 47.5% | +0.5 |
| FY2013 | Dec 31, 2013 | 47.0% | +1.9 |
| FY2012 | Dec 31, 2012 | 45.1% | +0.5 |
| FY2011 | Dec 31, 2011 | 44.7% | +0.9 |
| FY2010 | Dec 31, 2010 | 43.8% | +6.3 |
| FY2009 | Dec 31, 2009 | 37.5% | −2.5 |
| FY2008 | Dec 31, 2008 | 40.0% | −4.6 |
| FY2007 | Dec 31, 2007 | 44.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 38.4% | +4.4 |
| Q2 FY2026 | Jun 30, 2026 | 28.3% | +0.6 |
| Q1 FY2026 | Mar 31, 2026 | 36.6% | +2.8 |
| Q4 FY2025 | Dec 31, 2025 | 24.4% | −6.8 |
| Q3 FY2025 | Sep 30, 2025 | 34.0% | −0.4 |
| Q2 FY2025 | Jun 30, 2025 | 27.8% | −4.8 |
| Q1 FY2025 | Mar 31, 2025 | 33.8% | +0.3 |
| Q4 FY2024 | Dec 31, 2024 | 31.2% | +7.6 |
| Q3 FY2024 | Sep 30, 2024 | 34.4% | −0.4 |
| Q2 FY2024 | Jun 30, 2024 | 32.6% | −0.6 |
| Q1 FY2024 | Mar 31, 2024 | 33.5% | +2.0 |
| Q4 FY2023 | Dec 31, 2023 | 23.6% | +7.0 |
| Q3 FY2023 | Sep 30, 2023 | 34.8% | −1.4 |
| Q2 FY2023 | Jun 30, 2023 | 33.1% | −11.1 |
| Q1 FY2023 | Mar 31, 2023 | 31.5% | −15.6 |
| Q4 FY2022 | Dec 31, 2022 | 16.6% | −27.4 |
| Q3 FY2022 | Sep 30, 2022 | 36.2% | −14.8 |
| Q2 FY2022 | Jun 30, 2022 | 44.2% | −5.5 |
| Q1 FY2022 | Mar 31, 2022 | 47.1% | −1.8 |
| Q4 FY2021 | Dec 31, 2021 | 44.0% | +0.3 |
| Q3 FY2021 | Sep 30, 2021 | 51.0% | +5.3 |
| Q2 FY2021 | Jun 30, 2021 | 49.7% | +10.5 |
| Q1 FY2021 | Mar 31, 2021 | 48.9% | +0.5 |
| Q4 FY2020 | Dec 31, 2020 | 43.6% | +4.1 |
| Q3 FY2020 | Sep 30, 2020 | 45.7% | −0.5 |
| Q2 FY2020 | Jun 30, 2020 | 39.1% | −5.0 |
| Q1 FY2020 | Mar 31, 2020 | 48.4% | +8.2 |
| Q4 FY2019 | Dec 31, 2019 | 39.5% | −2.0 |
| Q3 FY2019 | Sep 30, 2019 | 46.2% | +0.3 |
| Q2 FY2019 | Jun 30, 2019 | 44.1% | −0.1 |
| Q1 FY2019 | Mar 31, 2019 | 40.1% | −3.8 |
| Q4 FY2018 | Dec 31, 2018 | 41.6% | +0.6 |
| Q3 FY2018 | Sep 30, 2018 | 45.9% | +1.7 |
| Q2 FY2018 | Jun 30, 2018 | 44.2% | +1.4 |
| Q1 FY2018 | Mar 31, 2018 | 44.0% | −2.1 |
| Q4 FY2017 | Dec 31, 2017 | 40.9% | – |
| Q3 FY2017 | Sep 30, 2017 | 44.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 42.8% | – |
| Q1 FY2017 | Mar 31, 2017 | 46.1% | – |
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