T. Rowe Price Group, Inc.

T. Rowe Price Group, Inc.verified

TROW

Price:

$101.69

Market Cap:

$22.64B

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 a...[Read more]

Industry

Asset Management

IPO Date

1986-04-02

Stock Exchange

NASDAQ

Ticker

TROW

The Current Ratio as of September 2024 (TTM) for T. Rowe Price Group, Inc. (TROW) is 9.35

According to T. Rowe Price Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.35. This represents a change of 28.65% compared to the average of 7.27 of the last 4 quarters.

T. Rowe Price Group, Inc. (TROW) Historical Current Ratio (quarterly & annually)

How has TROW Current Ratio performed in the past?

The mean historical Current Ratio of T. Rowe Price Group, Inc. over the last ten years is 8.09. The current 9.35 Current Ratio has changed 11.47% with respect to the historical average. Over the past ten years (40 quarters), TROW's Current Ratio was at its highest in in the September 2014 quarter at 11.94. The Current Ratio was at its lowest in in the March 2015 quarter at 2.76.

Quarterly (TTM)
Annual

Average

8.09

Median

7.99

Minimum

5.07

Maximum

11.67

T. Rowe Price Group, Inc. (TROW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of T. Rowe Price Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 41.14%

Maximum Annual Current Ratio = 11.67

Minimum Annual Increase = -54.12%

Minimum Annual Current Ratio = 5.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.049.23%
20225.539.06%
20215.07-54.12%
202011.0612.13%
20199.8641.14%
20186.99-19.39%
20178.6714.90%
20167.54-10.61%
20158.44-27.70%
201411.67-7.38%

T. Rowe Price Group, Inc. (TROW) Average Current Ratio

How has TROW Current Ratio performed in the past?

The current Current Ratio of T. Rowe Price Group, Inc. (TROW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.55

5-year avg

7.51

10-year avg

8.09

T. Rowe Price Group, Inc. (TROW) Current Ratio vs. Peers

How is TROW’s Current Ratio compared to its peers?

T. Rowe Price Group, Inc.’s Current Ratio is greater than Invesco Ltd. (1.88), greater than The Bank of New York Mellon Corporation (1.92), greater than Principal Financial Group, Inc. (0.50), greater than Ameriprise Financial, Inc. (3.00), greater than Blackstone Inc. (0.42), greater than State Street Corporation (2.90), greater than KKR & Co. Inc. (4.10), greater than Brookfield Asset Management Inc. (0.84), greater than Gladstone Investment Corporation (0.30), greater than Ares Capital Corporation (0.79), greater than PennantPark Floating Rate Capital Ltd. (2.32), greater than Prospect Capital Corporation (0.55), greater than Hercules Capital, Inc. (3.13), less than BlackRock, Inc. (15.76), greater than Apollo Global Management, Inc. (0.81), greater than The Carlyle Group Inc. (0.45), greater than Main Street Capital Corporation (0.03), greater than FS KKR Capital Corp. (2.25),

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