Price T Rowe (TROW) Net Margin (2009 - 2026)
Price T Rowe (TROW) posted Net Margin of 30.54% for Q3 2026, down 3.58 percentage points from 34.12% a year earlier and down 2.59 percentage points from the prior quarter.
Price T Rowe (TROW) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Price T Rowe was 28.40%, down 0.49 percentage points year-over-year; for FY2025, it was 28.53%, down 1.07 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -9.70 percentage points (FY2020 to FY2025).
- In prior years, Price T Rowe's Net Margin was 29.61% in FY2024 (+1.92 pp), 27.69% in FY2023 (+3.68 pp), 24.01% in FY2022 (-16.17 pp) and 40.18% in FY2021 (+1.96 pp).
- Quarterly Net Margin has run from a low of 17.45% in Q4 2022 to a high of 37.75% in Q4 2021 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -0.95 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2023, with a gain of 9.20 percentage points; the weakest was Q4 2022, with a drop of 20.30 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 33.13% (Q2 2026), 26.83% (Q1 2026) and 23.02% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 21.40% |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | 6.10% |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 21.63% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 24.57% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 346.20% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | -22.30% |
| 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 | 4.19% |
| 10 | Price T Rowe | 23.24 Bn | 10.18 Bn | 208.50 Mn | 30.54% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.54% |
| Jun 30, 2026 | 33.13% |
| Mar 31, 2026 | 26.83% |
| Dec 31, 2025 | 23.02% |
| Sep 30, 2025 | 34.12% |
| Jun 30, 2025 | 29.32% |
| Mar 31, 2025 | 27.81% |
| Dec 31, 2024 | 24.11% |
| Sep 30, 2024 | 33.77% |
| Jun 30, 2024 | 27.89% |
| Mar 31, 2024 | 32.78% |
| Dec 31, 2023 | 26.65% |
| Sep 30, 2023 | 27.13% |
| Jun 30, 2023 | 29.59% |
| Mar 31, 2023 | 27.41% |
| Dec 31, 2022 | 17.45% |
| Sep 30, 2022 | 23.62% |
| Jun 30, 2022 | 21.96% |
| Mar 31, 2022 | 29.79% |
| Dec 31, 2021 | 36.79% |
Price T Rowe Net 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=net-margin&ticker=TROW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=TROW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();