Price T Rowe (TROW) Free Cash Flow (2009 - 2026)
Price T Rowe (TROW) posted Free Cash Flow of $450.9 million for Q2 2026, down 3.6% from $467.7 million a year earlier and down 40.9% from the prior quarter.
Price T Rowe (TROW) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Price T Rowe was $1.67 billion, up 42.9% year-over-year; for FY2025, it was $1.48 billion, up 17.2% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -2.8% (FY2020 to FY2025).
- In prior years, Price T Rowe's Free Cash Flow was $1.26 billion in FY2024 (+38.5%), $911.2 million in FY2023 (-57.1%), $2.12 billion in FY2022 (-34.0%) and $3.21 billion in FY2021 (+88.5%).
- Quarterly Free Cash Flow has run from a low of -$394.9 million in Q4 2024 to a high of $1.23 billion in Q3 2021 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last six quarters, with growth averaging 10.7%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2021, with growth of 444.8%; the weakest was Q1 2023, with a decline of 57.0%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $762.3 million (Q1 2026), -$85.4 million (Q4 2025) and $546 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 1.12 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 1.91 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.20 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 535.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 482.60 Mn |
| 10 | Price T Rowe | 22.20 Bn | 9.23 Bn | - | 450.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.90 Mn |
| Mar 31, 2026 | 762.30 Mn |
| Dec 31, 2025 | -85.40 Mn |
| Sep 30, 2025 | 546.00 Mn |
| Jun 30, 2025 | 467.70 Mn |
| Mar 31, 2025 | 550.90 Mn |
| Dec 31, 2024 | -394.90 Mn |
| Sep 30, 2024 | 547.90 Mn |
| Jun 30, 2024 | 574.40 Mn |
| Mar 31, 2024 | 534.80 Mn |
| Dec 31, 2023 | -239.30 Mn |
| Sep 30, 2023 | 376.40 Mn |
| Jun 30, 2023 | 323.10 Mn |
| Mar 31, 2023 | 451.00 Mn |
| Dec 31, 2022 | -195.60 Mn |
| Sep 30, 2022 | 713.20 Mn |
| Jun 30, 2022 | 555.70 Mn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 300.90 Mn |
| Sep 30, 2021 | 1.23 Bn |
Price T Rowe Free Cash Flow 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=free-cash-flow&ticker=TROW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TROW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();