What is the 13F Pro Quality Score for TROW?

13F Pro ranks PRICE T ROWE GROUP INC (TROW) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View TROW's current score at https://13fpro.ai/research/TROW (free sign-up required for the full ranking).

Which hedge funds own the most TROW stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of TROW include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/TROW as soon as new 13F filings post.

Where does 13F Pro source TROW data?

All PRICE T ROWE GROUP INC fundamentals and ownership data come directly from SEC EDGAR. PRICE T ROWE GROUP INC files with the SEC under CIK 1113169. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is TROW in?

PRICE T ROWE GROUP INC (TROW) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives TROW's revenue?

Per PRICE T ROWE GROUP INC's latest 10-Q filed with the SEC on 2026-04-30, the biggest revenue drivers are: Investment advisory fees ($1,683.0M, +5.3% YoY); Administrative, distribution, servicing, and other fees ($138.4M, -11.5% YoY); Capital allocation-based income ($28.1M, +$29.3M YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/TROW.

How often is TROW research updated on 13F Pro?

TROW's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

PRICE T ROWE GROUP INC(TROW)Stock Analysis

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13F Pro Quality Score

75.8/100

Rank #118 of 2,879 stocksTOP 5%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

50.8/100

Profitability

89.4/100

Balance Sheet

93.1/100

Earnings Quality

47.9/100

Free Cash Flow

87.0/100

Institutional Flow

84.7/100

Revenue Scale

83.1/100

Dilution Risk

34.0/100

TROW Stock Analysis & AI Quality Score

AI stock analysis and institutional research for PRICE T ROWE GROUP INC (TROW), a Financials sector company. 13F Pro's AI-powered ranking engine scores TROW at 75.8/100 on a 32-signal composite quality model, placing it at rank #118 of 2,879 stocks — the top 5% of the AI-ranked universe. TROW scores in the top quartile across balance sheet strength (93.1), profitability (89.4), free cash flow (87.0). Shareholder dilution risk is elevated at 34.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), PRICE T ROWE GROUP INC reports quarterly revenue of $1.9B, net income of $498.2M, an operating margin of 36.6%. Top institutional holders of TROW by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. TROW trades on the Nasdaq exchange and files with the SEC under CIK 1113169. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TROW daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PRICE T ROWE GROUP INC directly from SEC EDGAR. PRICE T ROWE GROUP INC's 13F Pro composite quality score has ranged between 8 and 84 since 2021, currently 75.8 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.

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Fun facts about PRICE T ROWE GROUP INC

Quirks, history, and lore behind TROW — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. asset management company · large-cap · listed on Nasdaq · headquartered in Baltimore, Maryland.
2
The Numbers
It manages roughly $1.5 trillion in assets and generates revenue in the range of $6–7 billion a year — a fee machine that runs on other people's money.
3
The History
Founded in 1937 by a single investor with a gift for picking stocks, it grew into one of the largest independent investment management firms in the world without ever being absorbed by a bank.
4
The Secret
Unlike most Wall Street giants, it has no investment banking arm — it exists purely to manage money for retirement savers, institutions, and mutual fund investors, which keeps it unusually conflict-free.
5
The Lore
Its target-date retirement funds are staples of millions of Americans' 401(k) plans, and the firm famously stayed privately held for decades before finally going public in the 1980s.
6
The Giveaway
The company's name is literally its founder's full name — a patrician Baltimore investor who in 1937 believed in growth stock investing before growth stocks were a thing.

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What's Driving TROW's Business? Latest 10-Q Breakdown

✓ 25/25 datapoints verified

AI-extracted from PRICE T ROWE GROUP INC's 10-Q filed 2026-04-30 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net revenues grew 5.3% to $1.86B, driven by investment advisory fees rising 5.3% on higher average AUM, while operating margin expanded to 36.6% despite a $10M restructuring charge.

Biggest Revenue Drivers

Total revenue: $1,857.0M+5.3% YoY

Investment advisory fees$1,683.0M+5.3% YoY

Higher overall markets increased average assets under management by 9.6%.

Administrative, distribution, servicing, and other fees$138.4M-11.5% YoY

Decrease reflects reporting change in Q3 2025 where certain revenue shifted to investment advisory fees, plus timing of cost reimbursements.

Capital allocation-based income$28.1M+$29.3M YoY

Increase in accrued carried interest reflecting relative investment performance.

Performance-based advisory fees$7.5M-27.9% YoY

Primarily earned from alternative strategies; prior year earned from equity and alternative strategies.

Largest Expense Items

Compensation and related costs$659.7M-0.7% YoY

Lower salaries and related benefits, partially offset by higher long-term incentive compensation; average headcount down 6.0% YoY.

Technology, occupancy, and facility costs$204.4M+12.8% YoY

Higher technology costs, including cloud services and depreciation; outsourcing decision for certain technology capabilities.

Distribution and servicing costs$99.3M+6.1% YoY

Higher average assets under management distributed through intermediaries.

Product and recordkeeping related costs$74.3M-11.3% YoY

Decrease primarily due to timing of costs reimbursed by U.S. mutual funds.

Margins: Operating margin expanded to 36.6% from 33.8%, as net revenue growth of 5.3% outpaced operating expense growth of 0.8%. The expansion was driven by investment advisory fee growth offset partially by higher technology and facility costs reflecting cloud services and outsourcing investments.

Watch Items from the Filing

AUM declined $65.9B QoQ to $1,709.7B at Q1 2026-end: $52.2B net market depreciation and $13.7B net outflows. Effective fee rate fell 4-5bps YoY due to product mix shift to lower-fee assets.
OHA earnout contingent consideration valued at zero as of March 31, 2026; up to $900M in earnout payments may be due in 2026-2027 upon meeting cumulative revenue targets through end-2026, with ~22% conditioned on continued employment.
Non-operating income swung sharply negative: $(48.3)M in Q1 2026 vs. +$70.7M in Q1 2025, primarily due to $(41.4)M loss on consolidated investment products and $(32.6)M loss on deferred compensation hedge investments.
Restructuring charge of $10.0M in Q1 2026 under broad expense management program; $5.2M accrued remaining. Program targets reducing expense growth and realigning resources to support investment in future capabilities.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$1.9B

Net Income

Q1 2026

$498.2M

Free Cash Flow

Q1 2026

$762.3M

Operating Margin

Q1 2026

36.6%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+3.1% YoY

$7.31BFY 2025

FY22 $6.49BFY23 $6.46BFY24 $7.09BFY25 $7.31B

Net Income

-0.6% YoY

$2.09BFY 2025

FY22 $1.56BFY23 $1.79BFY24 $2.10BFY25 $2.09B

Operating Income

-6.2% YoY

$2.19BFY 2025

FY22 $2.37BFY23 $1.99BFY24 $2.33BFY25 $2.19B

EPS (Diluted)

+1.0% YoY

$9.24FY 2025

FY22 $6.70FY23 $7.76FY24 $9.15FY25 $9.24

Total Assets

+6.5% YoY

$14.34BFY 2025

FY22 $11.64BFY23 $12.28BFY24 $13.47BFY25 $14.34B

Op. Cash Flow

+4.0% YoY

$1.75BFY 2025

FY22 $2.36BFY23 $1.22BFY24 $1.69BFY25 $1.75B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$7.31B +3.1%	$7.09B +9.8%	$6.46B -0.4%	$6.49B -15.4%	$7.67B +23.6%	$6.21B
Net Income	$2.09B -0.6%	$2.10B +17.4%	$1.79B +14.8%	$1.56B -49.5%	$3.08B +29.9%	$2.37B
Operating Income	$2.19B -6.2%	$2.33B +17.5%	$1.99B -16.3%	$2.37B -36.0%	$3.71B +35.1%	$2.75B
EPS (Diluted)	$9.24 +1.0%	$9.15 +17.9%	$7.76 +15.8%	$6.70 -48.9%	$13.12 +31.5%	$9.98
Total Assets	$14.34B +6.5%	$13.47B +9.7%	$12.28B +5.5%	$11.64B -6.9%	$12.51B +17.4%	$10.66B
Operating Cash Flow	$1.75B +4.0%	$1.69B +38.3%	$1.22B -48.3%	$2.36B -31.7%	$3.45B +79.9%	$1.92B

AI Insight: TROW Financial Trends

T. Rowe posted strongest operating income in two years (Q1 2026) as revenue stabilized, but operating cash flow remains volatile.

• Operating income surged to $680M in Q1 2026, highest since Q3 2025's $643M, signaling improved operational leverage.

• Revenue recovered to $1,857M in Q1 2026 after dip to $1,723M in Q2 2025, showing stabilization trend.

• Operating cash flow turned sharply positive at $824M in Q1 2026 versus negative $-19M in Q4 2025.

⚠ Equity grew 9% year-over-year ($9,929M to $10,860M) while debt figures absent; leverage visibility needed.

⚠ Operating cash flow exhibits severe seasonality—Q4 consistently negative ($-282M, $-19M)—limits visibility.

AI Insight: TROW Ratio Trends

TROW rebounded sharply in Q1 2026 with operating margin reaching 36.6% and ROIC expanding to 25.3%, offsetting Q4 2025's weakness.

• Operating margin surged to 36.6% in Q1 2026 from 24.3% in Q4 2025, a 1,230 basis point jump.

• ROIC climbed to 25.3% in Q1 2026, highest in the dataset, from 17.3% in Q4 2025.

• ROE recovered to 18.5% in Q1 2026 versus 16.4% in Q4 2025; ROA similarly improved to 13.9% from 12.4%.

⚠ Q4 2025 saw significant margin and return contraction—OpMargin fell to 24.3%, the lowest since Q2 2025.

⚠ Volatility persists: OpMargin, ROE, and ROIC have swung 10+ percentage points between quarters over past 12 months.

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Available Research

13F Pro tracks comprehensive data for PRICE T ROWE GROUP INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of TROW

BlackRock, Inc.
$2.1B22,769,675 sh
STATE STREET CORP
$1.3B14,272,295 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.3B14,161,471 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$916.7M10,169,583 sh
GOLDMAN SACHS GROUP INC
$761.7M8,449,718 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$596.2M6,614,704 sh
GEODE CAPITAL MANAGEMENT, LLC
$564.9M6,286,307 sh
FAYEZ SAROFIM & CO
$399.8M4,435,361 sh
Invesco Ltd.
$371.1M4,116,891 sh
MORGAN STANLEY
$349.5M3,877,430 sh

Fund	Value	Shares
BlackRock, Inc.	$2.1B	22,769,675
STATE STREET CORP	$1.3B	14,272,295
VANGUARD CAPITAL MANAGEMENT LLC	$1.3B	14,161,471
VANGUARD PORTFOLIO MANAGEMENT LLC	$916.7M	10,169,583
GOLDMAN SACHS GROUP INC	$761.7M	8,449,718
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$596.2M	6,614,704
GEODE CAPITAL MANAGEMENT, LLC	$564.9M	6,286,307
FAYEZ SAROFIM & CO	$399.8M	4,435,361
Invesco Ltd.	$371.1M	4,116,891
MORGAN STANLEY	$349.5M	3,877,430

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Is TROW a good stock to buy?

13F Pro's AI-powered analysis of PRICE T ROWE GROUP INC (TROW) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TROW are available on the TROW stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own TROW?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TROW. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PRICE T ROWE GROUP INC's investment landscape.