T. Rowe Price Group Inc (TROW) Files 10-K for the Fiscal Year Ended on December 31, 2018

T. Rowe Price Group Inc (TROW, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. T. Rowe Price Group Inc is a financial services holding company. It provides company sponsored U.S. mutual funds, other sponsored pooled investment vehicles, subadvisory services, separate account management, recordkeeping, and related services. T. Rowe Price Group Inc has a market cap of $23.4 billion; its shares were traded at around $98.29 with a P/E ratio of 13.56 and P/S ratio of 4.59. The dividend yield of T. Rowe Price Group Inc stocks is 2.83%. T. Rowe Price Group Inc had annual average EBITDA growth of 11.50% over the past ten years. GuruFocus rated T. Rowe Price Group Inc the business predictability rank of 5-star.

For the last quarter T. Rowe Price Group Inc reported a revenue of $1.3 billion, compared with the revenue of $1.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.4 billion, an increase of 12.1% from last year. For the last five years T. Rowe Price Group Inc had an average revenue growth rate of 8.1% a year.

The reported diluted earnings per share was $7.27 for the year, an increase of 21.8% from previous year. Over the last five years T. Rowe Price Group Inc had an EPS growth rate of 12% a year. The T. Rowe Price Group Inc enjoyed an operating margin of 43.67%, compared with the operating margin of 42.95% a year before. The 10-year historical median operating margin of T. Rowe Price Group Inc is 44.19%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, T. Rowe Price Group Inc has the cash and cash equivalents of $1.4 billion, compared with $1.9 billion in the previous year. The company had no long term debt. T. Rowe Price Group Inc has a financial strength rank of 10 (out of 10).

At the current stock price of $98.29, T. Rowe Price Group Inc is traded at 18.5% discount to its historical median P/S valuation band of $120.59. The P/S ratio of the stock is 4.59, while the historical median P/S ratio is 5.64. The intrinsic value of the stock is $125.88 a share, according to GuruFocus DCF Calculator. The stock lost 4.8% during the past 12 months.

For the complete 20-year historical financial data of TROW, click here.