USD 117.62
↓ -2.44 (-2.03%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| TROW | -2.0 | 5.0 | 8.9 | 11.6 | 5.4 | 27.0 | -44.8 | -2.3 | 41.7 | 14516.8 |
| S&P 500 | 0.4 | 4.7 | 3.7 | 12.2 | 14.8 | 35.8 | 29.0 | 94.2 | 194.1 | 33849.8 |
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| Attribute | Value |
|---|---|
| symbol | TROW |
| name | T. Rowe Price Group, Inc. |
| price | 117.62 |
| changes percentage | -2.03 |
| change | -2.44 |
| day low | 117.48 |
| day high | 119.68 |
| year high | 122.27 |
| year low | 90.02 |
| market cap | 26130341580 |
| price avg 50 | 109.07 |
| price avg 200 | 112.37 |
| exchange | NASDAQ |
| volume | 1337154 |
| avg volume | 1149550 |
| open | 119.49 |
| previous close | 120.06 |
| eps | 9.04 |
| pe | 13.01 |
| earnings announcement | 2025-02-06T00:00:00.000+0000 |
| shares outstanding | 222159000 |
| timestamp | 2024-11-08 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001113169 | |||
| revenue | 6460500000 | 6488400000 | -0.43 |
| gross profit | 5458300000 | 5141300000 | 6.17 |
| gross profit ratio | 0.84 | 0.79 | 6.62 |
| research and development expenses | 0.39 | 0.3 | 28.38 |
| operating expenses | 3420300000 | 2941300000 | 16.29 |
| interest income | 0 | 0 | NaN |
| interest expense | 4190700000 | 0 | NaN |
| ebitda | 2519600000 | 3141800000 | -19.80 |
| ebitdaratio | 0.39 | 0.47 | -16.39 |
| operating income | 1986200000 | 2373700000 | -16.32 |
| operating income ratio | 0.31 | 0.37 | -15.96 |
| net income | 1788700000 | 1557900000 | 14.81 |
| net income ratio | 0.28 | 0.24 | 15.31 |
| eps | 7.78 | 6.73 | 15.60 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001113169 | |||
| revenue | 1785600000 | 1733300000 | 3.02 |
| gross profit | 1621600000 | 1400200000 | 15.81 |
| gross profit ratio | 0.91 | 0.81 | 12.42 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 1008000000 | 302900000 | 232.78 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 0 | NaN |
| ebitda | 613600000 | 796400000 | -22.95 |
| ebitdaratio | 0.34 | 0.46 | -25.21 |
| operating income | 613600000 | 564700000 | 8.66 |
| operating income ratio | 0.34 | 0.33 | 5.48 |
| net income | 603000000 | 483400000 | 24.74 |
| net income ratio | 0.34 | 0.28 | 21.09 |
| eps | 2.7 | 2.11 | 27.96 |
Revenue Growth: revenue increased to 1,786 million in 2024Q3 from 1,733 million in 2024Q2 representing a change of 3.02%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 1,622 million in 2024Q3 from 1,400 million in 2024Q2 representing a change of 15.81%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 1,008 million in 2024Q3 from 303 million in 2024Q2 representing a change of 232.78%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
Operating Income: Operating income increased to 614 million in 2024Q3 from 565 million in 2024Q2 representing a change of 8.66%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 603 million in 2024Q3 from 483 million in 2024Q2 representing a change of 24.74%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 2.7 in 2024Q3 from 2.7 in 2024Q2 representing a change of 27.96%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 614 million in 2024Q3 from 796 million in 2024Q2 representing a change of -22.95%. The decrease in EBITDA indicates declined operational efficiency and profitability.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001113169 | |||
| total assets | 12278800000 | 11643300000 | 5.46 |
| total liabilities | 1987600000 | 1956400000 | 1.59 |
| total equity | 10291200000 | 9686900000 | 6.24 |
| cash and cash equivalents | 2066600000 | 1755600000 | 17.71 |
| short term investments | 0 | 2539200000 | -100.00 |
| long term investments | 4514000000 | 4142600000 | 8.97 |
| total current assets | 2874500000 | 2504300000 | 14.78 |
| total non current assets | 9404300000 | 9139000000 | 2.90 |
| total current liabilities | 475700000 | 452700000 | 5.08 |
| total non current liabilities | 1511900000 | 1956400000 | -22.72 |
| common stock | 44800000 | 44900000 | -0.22 |
| retained earnings | 9076100000 | 8409700000 | 7.92 |
| total debt | 397900000 | 329600000 | 20.72 |
Total Assets: Total Assets increased to 12,279 million in 2023 from 11,643 million in 2022 representing a change of 5.46%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 10,291 million in 2023 from 9,687 million in 2022 representing a change of 6.24%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 2,067 million in 2023 from 1,756 million in 2022 representing a change of 17.71%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 2,874 million in 2023 from 2,504 million in 2022 representing a change of 14.78%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 9,076 million in 2023 from 8,410 million in 2022 representing a change of 7.92%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 1,988 million in 2023 from 1,956 million in 2022 representing a change of 1.59%. This indicates an increase in overall liabilities.
Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 2,539 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 476 million in 2023 from 453 million in 2022 representing a change of 5.08%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 45 in 2023 from 45 in 2022 representing a change of -0.22%. This indicates a decrease in ownership interest.
Total Debt: Total Debt increased to 398 million in 2023 from 330 million in 2022 representing a change of 20.72%. This indicates an increase in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001113169 | |||
| total assets | 13705900000 | 13089800000 | 4.71 |
| total liabilities | 2489800000 | 2266800000 | 9.84 |
| total equity | 11012700000 | 10823000000 | 1.75 |
| cash and cash equivalents | 3173500000 | 2714900000 | 16.89 |
| short term investments | 0 | 852000000 | -100.00 |
| long term investments | 0 | 3836500000 | -100.00 |
| total current assets | 3173500000 | 3561800000 | -10.90 |
| total non current assets | 4196600000 | 9528000000 | -55.96 |
| total current liabilities | 301700000 | 380800000 | -20.77 |
| total non current liabilities | 2188100000 | 1886000000 | 16.02 |
| common stock | 44400000 | 44500000 | -0.22 |
| retained earnings | 9885300000 | 9564600000 | 3.35 |
| total debt | 288400000 | 376500000 | -23.40 |
Total Assets: Total Assets increased to 13,706 million in 2024Q3 from 13,090 million in 2024Q2 representing a change of 4.71%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 11,013 million in 2024Q3 from 10,823 million in 2024Q2 representing a change of 1.75%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 3,174 million in 2024Q3 from 2,715 million in 2024Q2 representing a change of 16.89%. This indicates an increase in available liquid assets.
Total Current Liabilities: Total Current Liabilities decreased to 302 million in 2024Q3 from 381 million in 2024Q2 representing a change of -20.77%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to 9,885 million in 2024Q3 from 9,565 million in 2024Q2 representing a change of 3.35%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 288 million in 2024Q3 from 376 million in 2024Q2 representing a change of -23.4%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 2,490 million in 2024Q3 from 2,267 million in 2024Q2 representing a change of 9.84%. This indicates an increase in overall liabilities.
Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 852 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 3,174 million in 2024Q3 from 3,562 million in 2024Q2 representing a change of -10.9%. This indicates a worsen liquidity position.
Common Stock: Common Stock decreased to 44 in 2024Q3 from 44 in 2024Q2 representing a change of -0.22%. This indicates a decrease in ownership interest.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001113169 | |||
| net change in cash | 311000000 | 250500000 | 24.15 |
| operating cash flow | 2233300000 | 2359400000 | -5.34 |
| free cash flow | 1925400000 | 2121800000 | -9.26 |
| capital expenditure | -307900000 | -237600000 | -29.59 |
| depreciation and amortization | 389000000 | 645800000 | -39.76 |
| deferred income tax | -1043600000 | 0 | NaN |
| stock based compensation | 265600000 | 285400000 | -6.94 |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | -56800000 | -8700000 | -552.87 |
| investments in property plant and equipment | -307900000 | -237600000 | -29.59 |
| net cash used for investing activites | -527200000 | -41500000 | -1,170.36 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | -36200000 | 100.00 |
| common stock repurchased | -272400000 | -849800000 | 67.95 |
| dividends paid | -1121700000 | -1107400000 | -1.29 |
| net cash used provided by financing activities | -1437400000 | -2076900000 | 30.79 |
| cash at end of period | 2066600000 | 1874700000 | 10.24 |
| accounts receivables | 0 | 0 | NaN |
| cash at beginning of period | 1755600000 | 1624200000 | 8.09 |
Net Change in Cash: Net Change in Cash increased to 311 million in 2023 from 250 million in 2022 representing a change of 24.15%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -308 million in 2023 from -238 million in 2022 representing a change of -29.59%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 266 million in 2023 from 285 million in 2022 representing a change of -6.94%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Operating Cash Flow: Operating Cash Flow decreased to 2,233 million in 2023 from 2,359 million in 2022 representing a change of -5.34%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 1,925 million in 2023 from 2,122 million in 2022 representing a change of -9.26%. This indicates a decrease in cash generated after accounting for capital expenditures.
Dividends Paid: Dividends Paid decreased to -1,122 million in 2023 from -1,107 million in 2022 representing a change of -1.29%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001113169 | |||
| operating cash flow | 449600000 | 737400000 | -39.03 |
| free cash flow | 345000000 | 634100000 | -45.59 |
| capital expenditure | -104600000 | -103300000 | -1.26 |
| depreciation and amortization | 258600000 | 63700000 | 305.97 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 49600000 | 54200000 | -8.49 |
| accounts receivables | 0 | 0 | NaN |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | 13100000 | -13000000 | 200.77 |
| investments in property plant and equipment | -104600000 | -103300000 | -1.26 |
| net cash used for investing activites | -32100000 | -58700000 | 45.32 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | -16300000 | 2100000 | -876.19 |
| common stock repurchased | -73600000 | -112400000 | 34.52 |
| dividends paid | -281300000 | -283200000 | 0.67 |
| net cash used provided by financing activities | 20700000 | -393500000 | 105.26 |
| net change in cash | 513700000 | 298400000 | 72.15 |
| cash at end of period | 3228600000 | 2714900000 | 18.92 |
| cash at beginning of period | 2714900000 | 2416500000 | 12.35 |
Net Change in Cash: Net Change in Cash increased to 514 million in 2024Q3 from 298 million in 2024Q2 representing a change of 72.15%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -105 million in 2024Q3 from -103 million in 2024Q2 representing a change of -1.26%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 50 million in 2024Q3 from 54 million in 2024Q2 representing a change of -8.49%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Dividends Paid: Dividends Paid increased to -281 million in 2024Q3 from -283 million in 2024Q2 representing a change of 0.67%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
Operating Cash Flow: Operating Cash Flow decreased to 450 million in 2024Q3 from 737 million in 2024Q2 representing a change of -39.03%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 345 million in 2024Q3 from 634 million in 2024Q2 representing a change of -45.59%. This indicates a decrease in cash generated after accounting for capital expenditures.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 28.83 | 28.71 | 0.41 |
| net income per share | 7.98 | 6.89 | 15.79 |
| operating cash flow per share | 9.97 | 10.44 | -4.54 |
| free cash flow per share | 8.59 | 9.39 | -8.49 |
| cash per share | 9.22 | 19.0 | -51.47 |
| book value per share | 45.92 | 42.86 | 7.14 |
| tangible book value per share | 31.87 | 28.38 | 12.27 |
| shareholders equity per share | 42.41 | 39.11 | 8.44 |
| interest debt per share | 19.36 | 2.92 | 563.59 |
| market cap | 24133329000 | 24647560000 | -2.09 |
| enterprise value | 22464629000 | 23221560000 | -3.26 |
| pe ratio | 13.49 | 15.82 | -14.72 |
| price to sales ratio | 3.74 | 3.8 | -1.66 |
| pocfratio | 10.81 | 10.45 | 3.44 |
| pfcf ratio | 12.53 | 11.62 | 7.90 |
| pb ratio | 2.54 | 2.79 | -8.94 |
| ptb ratio | 2.54 | 2.79 | -8.94 |
| ev to sales | 3.48 | 3.58 | -2.84 |
| enterprise value over ebitda | 8.92 | 7.39 | 20.63 |
| ev to operating cash flow | 10.06 | 9.84 | 2.20 |
| ev to free cash flow | 11.67 | 10.94 | 6.61 |
| earnings yield | 0.07 | 0.06 | 17.26 |
| free cash flow yield | 0.08 | 0.09 | -7.32 |
| debt to equity | 0.02 | 0.07 | -79.28 |
| debt to assets | 0.01 | 0.06 | -78.87 |
| net debt to ebitda | -0.66 | -0.45 | -45.92 |
| current ratio | 6.04 | 5.53 | 9.23 |
| interest coverage | 0.47 | 0 | NaN |
| income quality | 1.28 | 1.63 | -21.34 |
| dividend yield | 0.05 | 0.04 | 3.45 |
| payout ratio | 0.63 | 0.71 | -11.78 |
| sales general and administrative to revenue | 0.15 | 0.15 | 0.38 |
| research and ddevelopement to revenue | 0.0 | 0.0 | 28.93 |
| intangibles to total assets | 0.26 | 0.28 | -8.73 |
| capex to operating cash flow | 0.14 | 0.1 | 36.90 |
| capex to revenue | 0.05 | 0.04 | 30.15 |
| capex to depreciation | 0.79 | 0.37 | 115.14 |
| stock based compensation to revenue | 0.04 | 0.04 | -6.54 |
| graham number | 87.28 | 77.89 | 12.05 |
| roic | 0.15 | 0.19 | -18.42 |
| return on tangible assets | 0.2 | 0.19 | 5.28 |
| graham net net | 2.41 | 17.96 | -86.58 |
| working capital | 2398800000 | 2051600000 | 16.92 |
| tangible asset value | 7141100000 | 6414300000 | 11.33 |
| net current asset value | 886900000 | 547900000 | 61.87 |
| invested capital | 6596600000 | 6359300000 | 3.73 |
| average receivables | 681800000 | 903500000 | -24.54 |
| average payables | 408100000 | 418850000 | -2.57 |
| average inventory | 1159600000 | 2216050000 | -47.67 |
| days sales outstanding | 34.74 | 42.12 | -17.52 |
| days payables outstanding | 149.14 | 110.2 | 35.34 |
| days of inventory on hand | 0 | 628.39 | -100.00 |
| receivables turnover | 10.51 | 8.67 | 21.24 |
| payables turnover | 2.45 | 3.31 | -26.11 |
| inventory turnover | 0 | 0.58 | -100.00 |
| roe | 0.19 | 0.18 | 6.77 |
| capex per share | 1.37 | 1.05 | 30.69 |
ROE: Return on Equity (ROE) increased to 0.19 on 2023-12-31 from 0.18 on 2022-12-31, representing a change of 6.77%. Suggesting the company has been generating high returns for its shareholders.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.02 on 2023-12-31 from 0.07 on 2022-12-31, representing a change of -79.28%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 13.49 on 2023-12-31 from 15.82 on 2022-12-31, representing a change of -14.72%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio increased to 6.04 on 2023-12-31 from 5.53 on 2022-12-31, representing a change of 9.23%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| TROW | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 8.01 | 7.77 | 3.02 |
| net income per share | 2.7 | 2.17 | 24.74 |
| operating cash flow per share | 2.02 | 3.31 | -39.03 |
| free cash flow per share | 1.55 | 2.84 | -45.59 |
| cash per share | 14.23 | 16.0 | -11.03 |
| book value per share | 50.3 | 48.53 | 3.63 |
| tangible book value per share | 36.67 | 34.7 | 5.69 |
| shareholders equity per share | 45.96 | 44.52 | 3.23 |
| interest debt per share | 1.63 | 0.64 | 155.22 |
| market cap | 24291390000 | 25388550000 | -4.32 |
| enterprise value | 21406290000 | 23050150000 | -7.13 |
| pe ratio | 10.07 | 13.13 | -23.30 |
| price to sales ratio | 13.6 | 14.65 | -7.12 |
| pocfratio | 54.03 | 34.43 | 56.92 |
| pfcf ratio | 70.41 | 40.04 | 75.85 |
| pb ratio | 2.37 | 2.56 | -7.31 |
| ptb ratio | 2.37 | 2.56 | -7.31 |
| ev to sales | 11.99 | 13.3 | -9.85 |
| enterprise value over ebitda | 34.89 | 28.94 | 20.54 |
| ev to operating cash flow | 47.61 | 31.26 | 52.32 |
| ev to free cash flow | 62.05 | 36.35 | 70.69 |
| earnings yield | 0.02 | 0.02 | 30.38 |
| free cash flow yield | 0.01 | 0.02 | -43.13 |
| debt to equity | 0.04 | 0.01 | 147.24 |
| debt to assets | 0.03 | 0.01 | 143.75 |
| net debt to ebitda | -4.7 | -2.94 | -60.14 |
| current ratio | 10.52 | 9.35 | 12.46 |
| interest coverage | 0 | 0 | NaN |
| income quality | 0.65 | 1.57 | -58.46 |
| dividend yield | 0.01 | 0.01 | 3.82 |
| payout ratio | 0.47 | 0.59 | -20.37 |
| sales general and administrative to revenue | 0.14 | 0.16 | -9.16 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.22 | 0.24 | -5.95 |
| capex to operating cash flow | 0.23 | 0.14 | 66.08 |
| capex to revenue | 0.06 | 0.06 | -1.71 |
| capex to depreciation | 0.4 | 1.62 | -75.06 |
| stock based compensation to revenue | 0.03 | 0.03 | -11.17 |
| graham number | 52.88 | 46.6 | 13.48 |
| roic | 0.04 | 0.04 | 6.23 |
| return on tangible assets | 0.06 | 0.05 | 16.99 |
| graham net net | 5.13 | 7.77 | -34.01 |
| working capital | 2871800000 | 3181000000 | -9.72 |
| tangible asset value | 8178100000 | 7737900000 | 5.69 |
| net current asset value | 683700000 | 1295000000 | -47.20 |
| invested capital | 7068400000 | 7380000000 | -4.22 |
| average receivables | 595300000 | 730150000 | -18.47 |
| average payables | 183600000 | 366800000 | -49.95 |
| average inventory | 0 | 0 | NaN |
| days sales outstanding | 30.91 | 29.98 | 3.12 |
| days payables outstanding | 0 | 99.21 | -100.00 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 2.91 | 3.0 | -3.03 |
| payables turnover | 0 | 0.91 | -100.00 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.06 | 0.05 | 20.84 |
| capex per share | 0.47 | 0.46 | 1.26 |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 10.07 on 2024-09-30 Q3 from 13.13 on 2024-06-30 Q2, representing a change of -23.30%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio increased to 10.52 on 2024-09-30 Q3 from 9.35 on 2024-06-30 Q2, representing a change of 12.46%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.04 on 2024-09-30 Q3 from 0.01 on 2024-06-30 Q2, representing a change of 147.24%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Negative Sentiment: Discounted Cash Flow value is 56.08 which is lower than current price 117.62, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-11-09 03:56:00
If you are looking for high yields, these three stocks offer way above-average yields and strong businesses.
Sentiment: Positive
Publish Date: 2024-11-05 10:30:34
T. Rowe Price (TROW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TROW broke through the 200-day moving average, which suggests a long-term bullish trend.
Sentiment: Negative
Publish Date: 2024-11-04 11:40:43
T. Rowe Price's performance has been disappointing, with a -4.20% return over 5 years despite a strong bull market. Despite solid financials and a long history of dividend growth, the current dividend growth rate is unsustainable, making TROW less attractive for long-term dividend growth investors. Continuous negative net flows since 2021, especially among U.S. equity retail investors, are a major concern, even if AUM grows due to the bull market.
Sentiment: Positive
Publish Date: 2024-11-01 10:36:20
Although the revenue and EPS for T. Rowe (TROW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sentiment: Positive
Publish Date: 2024-11-01 10:16:03
T. Rowe Price Group, Inc. (NASDAQ:TROW ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Linsley Carruth - Director of IR Rob Sharps - CEO and President Jen Dardis - CFO Eric Veiel - Head of Global Investments Conference Call Participants Alexander Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Benjamin Budish - Barclays Capital Dan Fannon - Jefferies Ken Worthington - JPMorgan Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Patrick Davitt - Autonomous Research Brennan Hawken - UBS Mike Brown - Wells Fargo Securities Operator Good morning. My name is Daniel and I will be your conference facilitator today.
Sentiment: Positive
Publish Date: 2024-11-01 09:50:29
A rise in AUM balance and an increase in revenues support TROW'S Q3 2024 results. Yet, rising expenses remain a concern.
Sentiment: Positive
Publish Date: 2024-11-01 09:26:07
T. Rowe Price (TROW) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.17 per share a year ago.
Sentiment: Positive
Publish Date: 2024-11-01 07:00:00
Election anxiety is reaching a fever pitch, and with stocks up 43% in the last year, many worry that a stock market bubble is about to burst. While the S&P is historically overvalued, individual stocks, including world-class dividend aristocrats, are not. Here are seven of the best ultra-yield aristocrats. They offer an average yield of over 6%, are 19% historically undervalued, and have 30% lower volatility than the S&P.
Sentiment: Positive
Publish Date: 2024-10-30 14:39:58
T. Rowe Price Group, Inc. has a long history of innovation and success, with a strong brand and business model providing 38 consecutive years of dividend growth. A pristine balance sheet, large net cash position, and high margins provide significant downside protection for T. Rowe Price Group stock. Rising AUM and increased flows into retirement accounts provide upside participation in bull markets.
Sentiment: Positive
Publish Date: 2024-10-30 12:46:13
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes?
Sentiment: Positive
Publish Date: 2024-10-30 07:00:24
Rowe Price, Duke Energy, Philip Morris International and Regions Financial are included in this Analyst Blog.
Sentiment: Positive
Publish Date: 2024-10-29 15:01:11
Investment in big corporates with regular dividend payments and a favorable Zacks Rank should be fruitful. Four such stocks are: TROW, DUK, PM, RF.
Sentiment: Positive
Publish Date: 2024-10-29 14:01:07
TROW's third-quarter 2024 results are likely to reflect the benefits of growth in AUM. Net outflow is expected to have acted as a spoilsport.
Sentiment: Positive
Publish Date: 2024-10-29 11:23:54
The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 39 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher dividend yield.
Sentiment: Positive
Publish Date: 2024-10-29 10:21:36
Beyond analysts' top -and-bottom-line estimates for T. Rowe (TROW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Sentiment: Positive
Publish Date: 2024-10-25 11:06:20
T. Rowe (TROW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sentiment: Positive
Publish Date: 2024-10-23 03:00:00
London, United Kingdom, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Lead Left Arranger for a private unitranche facility supporting the acquisition of Farsound Aviation Limited (“Farsound”) by private equity sponsor Onex. Farsound is a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul (“MRO”) market. OHA's extensive knowledge of the aerospace sector and experience from previous investments in the industry enabled it to play a key role in this LBO financing solution.
Sentiment: Positive
Publish Date: 2024-10-22 12:16:00
London, United Kingdom, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Lead Left Arranger for a private unitranche facility supporting the acquisition of Farsound Aviation Limited (“Farsound”) by private equity sponsor Onex. Farsound is a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul (“MRO”) market. OHA's extensive knowledge of the aerospace sector and experience from previous investments in the industry enabled it to play a key role in this LBO financing solution.
Sentiment: Positive
Publish Date: 2024-10-17 12:45:34
Investors with an interest in Financial - Investment Management stocks have likely encountered both Invesco (IVZ) and T. Rowe Price (TROW).
Sentiment: Positive
Publish Date: 2024-10-14 12:45:17
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes?
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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