T. Rowe Price Group (MEX:TROW) ROE %: 18.43% (As of Mar. 2026) — 30% Below Median


MEX:TROW T. Rowe Price Group Inc MEX:TROW
73 GF Score
Price MXN1,765.36
GF Value MXN1,940.82
Valuation Fairly Valued
! 6 Warning Signs
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What is T. Rowe Price Group ROE %?

T. Rowe Price Group MEX:TROW 73 ROE % is 18.43% as of Mar. 2026, which is 30% below its 10-year median of 26.26. GuruFocus rates MEX:TROW with a GF Score™ of 73/100 and a GF Value™ of MXN1,940.82 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,612 Asset Management companies, T. Rowe Price Group ranks better than 81.7% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. T. Rowe Price Group's annualized net income for the quarter that ended in Mar. 2026 was MXN35,936 Mil. T. Rowe Price Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN194,946 Mil. Therefore, T. Rowe Price Group's annualized ROE % for the quarter that ended in Mar. 2026 was 18.43%.

The historical rank and industry rank for T. Rowe Price Group's ROE % or its related term are showing as below:

MEX:TROW' s ROE % Range Over the Past 10 Years
Min: 17.44   Med: 26.26   Max: 36.86
Current: 19.61

During the past 13 years, T. Rowe Price Group's highest ROE % was 36.86%. The lowest was 17.44%. And the median was 26.26%.

MEX:TROW's ROE % is ranked better than
81.7% of 1612 companies
in the Asset Management industry
Industry Median: 6.395 vs MEX:TROW: 19.61

T. Rowe Price Group  (MEX:TROW) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=35935.564/194946.4655
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35935.564 / 133946.896)*(133946.896 / 258889.3995)*(258889.3995 / 194946.4655)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.83 %*0.5174*1.328
=ROA %*Equity Multiplier
=13.88 %*1.328
=18.43 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=35935.564/194946.4655
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (35935.564 / 45601.092) * (45601.092 / 51104.672) * (51104.672 / 133946.896) * (133946.896 / 258889.3995) * (258889.3995 / 194946.4655)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.788 * 0.8923 * 38.15 % * 0.5174 * 1.328
=18.43 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


T. Rowe Price Group ROE % Related Terms


T. Rowe Price Group ROE % Historical Data

* Premium members only.

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

T. Rowe Price Group ROE % Chart

T. Rowe Price Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.38 17.00 18.20 23.23 18.27

T. Rowe Price Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.74 18.49 23.87 16.28 18.43

MEX:TROW vs PFG, RJF, CG: ROE % Comparison

For the Asset Management subindustry, T. Rowe Price Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's ROE % distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's ROE % falls into.


MEX:TROW
73GF Score
T. Rowe Price Group Inc MEX:TROW
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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T. Rowe Price Group ROE % Calculation

T. Rowe Price Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=37579.696/( (215760.559+195543.703)/ 2 )
=37579.696/205652.131
=18.27 %

T. Rowe Price Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=35935.564/( (195543.703+194349.228)/ 2 )
=35935.564/194946.4655
=18.43 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.43% mean?
T. Rowe Price Group (MEX:TROW) has a ROE % of 18.43% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on T. Rowe Price Group and its competitors. This is 30% below median its historical median of 26.26. Over the past decade, T. Rowe Price Group's ROE % has ranged from 17.44 to 36.86. According to the industry distribution chart, T. Rowe Price Group ranks #295 out of 1612 companies in the Asset Management industry, placing it in the top 18.3%.
Is T. Rowe Price Group's ROE % too high?
T. Rowe Price Group's current ROE % of 18.43% is 30% below median its 10-year median of 26.26. Over the past 10 years, this metric has ranged from a low of 17.44 to a high of 36.86. The Asset Management industry median ROE % is 6.40. T. Rowe Price Group's value of 18.43% is 188.2% above this industry median. Based on the distribution chart, T. Rowe Price Group ranks #295 out of 1612 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, T. Rowe Price Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T. Rowe Price Group's ROE % compare to PFG and RJF?
According to the Asset Management industry distribution chart, T. Rowe Price Group ranks #295 out of 1612 companies for ROE %. This places T. Rowe Price Group in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 6.40. T. Rowe Price Group's value of 18.43% is 188.2% above this benchmark. Historically, T. Rowe Price Group's own ROE % has ranged from 17.44 to 36.86 over the past decade. While the company's 10-year median is 26.26 vs. the industry median of 6.40, 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. T. Rowe Price Group's current ROE % of 18.43% is 188.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on T. Rowe Price Group and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T. Rowe Price Group's current ROE % is 18.43%, which is 30% below median its own 10-year median of 26.26. 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 (MEX:TROW) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,940.82, compared to a current price of MXN1,765.36 — trading 9% below its estimated fair value. The current ROE % is 18.43%, which is 30% below median its 10-year median of 26.26 and 188.2% above the Asset Management industry median of 6.40. T. Rowe Price Group's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For T. Rowe Price Group (MEX:TROW), the current ROE % is 18.43% 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 (MEX:TROW) Overvalued in 2026?

Based on GuruFocus' analysis, T. Rowe Price Group stock appears to be undervalued. The current stock price of MXN1,765.36 is trading 9% below its estimated GF Value™ of MXN1,940.82. GuruFocus considers T. Rowe Price Group to be Fairly Valued.

Key valuation signals for MEX:TROW:

  • ROE %: 18.43% (30% below median its 10-year median of 26.26)
  • GF Value™: MXN1,940.82 vs. price of MXN1,765.36 (9% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 188.2% above the Asset Management median (#295 of 1612)

No single metric tells the full story. See the MEX:TROW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T. Rowe Price Group Business Description

Address 100 East Pratt Street, Baltimore, MD, USA, 21202
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.
73GF Score

Get the complete analysis for MEX:TROW

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,765.36
Price
MXN1,940.82
GF Value