T. Rowe Price GroupBSP:T1RO34 72 Operating Margin % is 38.15% as of Mar. 2026, which is 10% below its 10-year median of 42.21. GuruFocus rates BSP:T1RO34 with a GF Score™ of 72/100 and a GF Value™ of R$318.90 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 656 Asset Management companies, T. Rowe Price Group ranks better than 64.02% on this metric.
T. Rowe Price Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -6.9%.
The historical rank and industry rank for T. Rowe Price Group's Operating Margin % or its related term are showing as below:
BSP:T1RO34'
s Operating Margin % Range Over the Past 10 Years
Min: 31.55 Med: 42.21 Max: 48.36
Current: 34.57
BSP:T1RO34's Operating Margin % is ranked better than 64.02% of 656
companies
in the Asset Management industry
Industry Median: 16.73
vs BSP:T1RO34: 34.57
T. Rowe Price Group's 5-Year Average Operating Margin % Growth Rate was -6.90% per year.
T. Rowe Price Group (BSP:T1RO34) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
T. Rowe Price Group Operating Margin % Related Terms
T. Rowe Price Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for T. Rowe Price Group's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BSP:T1RO34 vs PFG, RJF, CG: Operating Margin % Comparison
For the Asset Management subindustry, T. Rowe Price Group's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
T. Rowe Price Group Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where T. Rowe Price Group's Operating Margin % falls into.
T. Rowe Price Group Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
T. Rowe Price Group's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
T. Rowe Price Group (BSP:T1RO34) has a Operating Margin % of 38.15% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on T. Rowe Price Group and its competitors. This is 10% below median its historical median of 42.21. Over the past decade, T. Rowe Price Group's Operating Margin % has ranged from 31.55 to 48.36. According to the industry distribution chart, T. Rowe Price Group ranks #236 out of 656 companies in the Asset Management industry, placing it in the top 36%.
Is T. Rowe Price Group's Operating Margin % too high?
T. Rowe Price Group's current Operating Margin % of 38.15% is 10% below median its 10-year median of 42.21. Over the past 10 years, this metric has ranged from a low of 31.55 to a high of 48.36. The Asset Management industry median Operating Margin % is 16.73. T. Rowe Price Group's value of 38.15% is 128% above this industry median. Based on the distribution chart, T. Rowe Price Group ranks #236 out of 656 companies in the Asset Management industry, which is above the industry midpoint. Overall, T. Rowe Price Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T. Rowe Price Group's Operating Margin % compare to PFG and RJF?
According to the Asset Management industry distribution chart, T. Rowe Price Group ranks #236 out of 656 companies for Operating Margin %. This puts T. Rowe Price Group in the upper half of its industry. The industry median Operating Margin % is 16.73. T. Rowe Price Group's value of 38.15% is 128% above this benchmark. Historically, T. Rowe Price Group's own Operating Margin % has ranged from 31.55 to 48.36 over the past decade. While the company's 10-year median is 42.21 vs. the industry median of 16.73, T. Rowe Price Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.73, based on 656 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. T. Rowe Price Group's current Operating Margin % of 38.15% is 128% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on T. Rowe Price Group and its competitors. For the Asset Management industry, the median Operating Margin % is 16.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T. Rowe Price Group's current Operating Margin % is 38.15%, which is 10% below median its own 10-year median of 42.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T. Rowe Price Group stock overvalued right now?
Based on GuruFocus' analysis, T. Rowe Price Group (BSP:T1RO34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$318.90, compared to a current price of R$278.88 — trading 12.5% below its estimated fair value. The current Operating Margin % is 38.15%, which is 10% below median its 10-year median of 42.21 and 128% above the Asset Management industry median of 16.73. T. Rowe Price Group's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For T. Rowe Price Group (BSP:T1RO34), the current Operating Margin % is 38.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is T. Rowe Price Group (BSP:T1RO34) Overvalued in 2026?
Based on GuruFocus' analysis, T. Rowe Price Group stock appears to be undervalued.
The current stock price of R$278.88 is trading 12.5% below its estimated GF Value™ of R$318.90.
GuruFocus considers T. Rowe Price Group to be Modestly Undervalued.
Key valuation signals for BSP:T1RO34:
Operating Margin %: 38.15% (10% below median its 10-year median of 42.21)
GF Value™: R$318.90 vs. price of R$278.88 (12.5% below fair value)
Industry Position: 128% above the Asset Management median (#236 of 656)
No single metric tells the full story. See the BSP:T1RO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of May 2026, the firm had $1.892 trillion in managed assets, composed of equity (49%), balanced (37%), fixed-income and money market (11%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provide T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.
72GF Score
Get the complete analysis for BSP:T1RO34
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:T1RO34 has been successfully added to your 
