PRICE T ROWE GROUP INC
TROW · Other · $25.6B mkt cap · FY2025 filings · Not rated ·
Not rated
We don't have enough comparable filing data to score TROW on every filter, so we don't publish a composite. Missing: pricingPower.
20 years of fundamentals
The business, in plain English
Across the filed record, revenue grew from $2.2B (FY2007) to $7.3B (FY2025) — about 6.8% a year compounded over 18 years.
It earned 22.5% on invested capital in FY2025, with a median of 31.1% across 19 filed years. The Returns on Capital filter above scores it 100/100.
TROW's filings don't disclose total debt in a form the methodology can use, so leverage is treated as unmeasured — never assumed to be zero.
The share count fell 14.9% between FY2008 and FY2025 — management has been retiring shares, which concentrates each remaining owner's claim. Capital Discipline scores it 79/100.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in TROW’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
No composite readings yet — TROW’s filings don’t give the engine enough comparable data to score, and we log that honestly instead of guessing a number.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — TROW hasn't been rated on any logged capture, so there's no tier to change from.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Track record
How PRICE T ROWE GROUP INC’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.
How to read this: each dot is what the engine would have scored TROW on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.
Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.
What followed, in the years it rated Wide
In the 9 years TROW rated Wide-moat (2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019), the median forward total return that followed — measured only after each year’s filings were public — was:
- 1 year 20% vs the S&P 500’s 14% (price basis) · median over 9 years
- 3 years 42% vs the S&P 500’s 37% (price basis) · median over 9 years
- 5 years 54% vs the S&P 500’s 80% (price basis) · median over 9 years
These are medians computed from the data, not a claim about any one year. The company figures are total returns (dividends reinvested); the S&P 500 is the price-only ^GSPC index, which excludes dividends and so understates the index — the gap flatters the company. A quality rating is not a return forecast, and past returns don’t predict future ones. Educational only, not investment advice.
Other context
Not ranked — TROW doesn’t have enough comparable filing data for a composite score, so we don’t place it on the board.
Other leaders by Moat Score
- #1MORN MORNINGSTAR, INC.91.4 out of 100, Wide moatWide moat
- #2WT WisdomTree, Inc.82.5 out of 100, Wide moatWide moat
- #3HLI Houlihan Lokey, Inc.79.9 out of 100, Narrow moatNarrow moat
Common questions about TROW
- Does PRICE T ROWE GROUP INC have an economic moat?
- We don't publish a Moat Score for PRICE T ROWE GROUP INC (TROW): its SEC filings don't provide enough comparable data to score every filter, and the Index records that gap rather than a guessed number. Missing inputs: pricing power.
- Is TROW stock trading below its intrinsic value?
- Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $85.24 per share versus a recent price of $117.35 — 38% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
- How has TROW's Moat Score changed over time?
- The record logs 6 readings since Jul 17, 2026, none with a composite — TROW hasn't had enough comparable filing data to score. No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.