Price T Rowe (TROW) Free Cash Flow (2009 - 2026)
Price T Rowe (TROW) posted quarterly Free Cash Flow of $450.9 million for Q2 2026, down 3.59% year-over-year from $467.7 million in Q2 2025, and down 40.85% on a QoQ basis from $762.3 million in Q1 2026.
Price T Rowe (TROW) Free Cash Flow (2009 - 2026) Analysis & Trends
Price T Rowe has reported Free Cash Flow for 18 years, with the latest figure at $450.9 million in Q2 2026.
- Free Cash Flow for Q2 2026 came in at $450.9 million, down 3.59% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 42.86% YoY), and the FY2025 annual result was $1.5 billion, up 17.19% from the prior year.
- Free Cash Flow fell to $450.9 million in Q2 2026, from $762.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.0 billion in Q1 2022 and troughed at -$394.9 million in Q4 2024.
- A 5-year average of $388.2 million and a median of $501.2 million in 2024 frame the typical range for Free Cash Flow.
- The widest annual swing landed in 2022, when Free Cash Flow slumped 165.0%; it then soared 78.37% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$195.6 million in 2022, then dropped by 22.34% to -$239.3 million in 2023, then plunged by 65.02% to -$394.9 million in 2024, then soared by 78.37% to -$85.4 million in 2025, then surged by 627.99% to $450.9 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $450.9 million in Q2 2026, $762.3 million in Q1 2026, and -$85.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 1.12 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 1.91 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 3.20 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 535.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.88 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -3.00 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 2.85 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -308.00 Mn |
| 10 | Price T Rowe | 23.84 Bn | 19.34 Bn | - | 450.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 450.90 Mn |
| Jun 30, 2026 | 450.90 Mn |
| Mar 31, 2026 | 762.30 Mn |
| Mar 31, 2026 | 762.30 Mn |
| Dec 31, 2025 | -85.40 Mn |
| Dec 31, 2025 | -85.40 Mn |
| Sep 30, 2025 | 546.00 Mn |
| Sep 30, 2025 | 546.00 Mn |
| Jun 30, 2025 | 467.70 Mn |
| Jun 30, 2025 | 467.70 Mn |
| Mar 31, 2025 | 550.90 Mn |
| Mar 31, 2025 | 550.90 Mn |
| Dec 31, 2024 | -394.90 Mn |
| Dec 31, 2024 | -394.90 Mn |
| Sep 30, 2024 | 547.90 Mn |
| Sep 30, 2024 | 547.90 Mn |
| Jun 30, 2024 | 574.40 Mn |
| Jun 30, 2024 | 574.40 Mn |
| Mar 31, 2024 | 534.80 Mn |
| Mar 31, 2024 | 534.80 Mn |