Price T Rowe (TROW) FCF Margin (2009 - 2026)
Price T Rowe (TROW) reported FCF Margin of 23.47% for Q3 2026, down 5.36 percentage points from 28.84% a year earlier and down 0.17 percentage points from the prior quarter.
Price T Rowe (TROW) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Price T Rowe's FCF Margin came in at 20.75%, up 4.52 percentage points year-over-year; for FY2025, it was 20.22%, up 2.43 percentage points from FY2024.
- FCF Margin has a five-year change of -7.24 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 17.79% in FY2024 (+3.69 pp), 14.10% in FY2023 (-18.60 pp), 32.70% in FY2022 (-9.18 pp) and 41.88% in FY2021 (+14.42 pp).
- Five-year quarterly FCF Margin spans a low of -21.64% in Q4 2024 and a high of 56.28% in Q1 2022.
- Year over year, FCF Margin gained in three of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The high point for year-over-year FCF Margin in five years was Q4 2021 (a gain of 18.64 percentage points); the low point was Q4 2022 (a drop of 28.17 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 23.64% (Q2 2026), 41.05% (Q1 2026) and -4.42% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 62.59% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 46.12% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 68.19% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | - |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -8.47% |
| 10 | Price T Rowe | 23.24 Bn | 10.18 Bn | 208.50 Mn | 23.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.47% |
| Jun 30, 2026 | 23.64% |
| Mar 31, 2026 | 41.05% |
| Dec 31, 2025 | -4.42% |
| Sep 30, 2025 | 28.84% |
| Jun 30, 2025 | 27.14% |
| Mar 31, 2025 | 31.23% |
| Dec 31, 2024 | -21.64% |
| Sep 30, 2024 | 30.68% |
| Jun 30, 2024 | 33.14% |
| Mar 31, 2024 | 30.56% |
| Dec 31, 2023 | -14.57% |
| Sep 30, 2023 | 22.53% |
| Jun 30, 2023 | 20.07% |
| Mar 31, 2023 | 29.33% |
| Dec 31, 2022 | -12.83% |
| Sep 30, 2022 | 44.91% |
| Jun 30, 2022 | 36.73% |
| Mar 31, 2022 | 56.28% |
| Dec 31, 2021 | 15.34% |
Price T Rowe FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TROW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TROW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TROW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();