T. Rowe Price Group (XTER:TR1) ROCE % : 18.74% (As of Dec. 2024)

View and export this data going back to 1990. Start your Free Trial

What is T. Rowe Price Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. T. Rowe Price Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.74%.

T. Rowe Price Group ROCE % Historical Data

The historical data trend for T. Rowe Price Group's ROCE % 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.

* Premium members only.

T. Rowe Price Group ROCE % Chart

T. Rowe Price Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

27.01

34.28

22.25

17.49

20.34

T. Rowe Price Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															13.86	20.50	19.55	19.72	18.74

T. Rowe Price Group ROCE % Calculation

T. Rowe Price Group's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	2365.153	/	( ( (11259.66 - 448.505)	+	(12865.76 - 420.773) )	/ 2 )
	=	2365.153	/	( (10811.155	+	12444.987)	/ 2 )
	=	2365.153	/	11628.071
	=	20.34 %

T. Rowe Price Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2291.236	/	( ( (12349.016 - 335.532)	+	(12865.76 - 420.773) )	/ 2 )
	=	2291.236	/	( ( 12013.484	+	12444.987 )	/ 2 )
	=	2291.236	/	12229.2355
	=	18.74 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

T. Rowe Price Group (XTER:TR1) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

T. Rowe Price Group ROCE % Related Terms

Thank you for viewing the detailed overview of T. Rowe Price Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

T. Rowe Price Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (XTER:TR1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TROW:USA TROW:Mexico 1TROW:Italy 0KNY:UK TR1:Germany TR1:Germany T1RO34:Brazil

Address

100 East Pratt Street, Baltimore, MD, USA, 21202

Website

https://www.troweprice.com

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 October 2024, the firm had $1.607 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides 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.

T. Rowe Price Group Headlines

No Headlines