Price T Rowe (TROW) FCF Margin (2009 - 2026)
Price T Rowe (TROW) reported FCF Margin of 23.64% for Q2 2026, down 3.50 percentage points from 27.14% a year earlier and down 17.41 percentage points from the prior quarter.
Price T Rowe (TROW) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Price T Rowe's FCF Margin came in at 22.05%, up 5.54 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 63.04% in Q3 2021.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +2.18 percentage points.
- The high point for year-over-year FCF Margin in five years was Q3 2021 (a gain of 48.87 percentage points); the low point was Q4 2022 (a drop of 28.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 41.05% (Q1 2026), -4.42% (Q4 2025) and 28.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 37.86% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 55.96% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 30.52% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 25.83% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 69.90% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 83.08% |
| 10 | Price T Rowe | 22.14 Bn | 9.18 Bn | - | 23.64% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 63.04% |
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();