GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (XTER:TR1) » Definitions » 10-Year RORE %

T. Rowe Price Group (XTER:TR1) 10-Year RORE % : 8.25% (As of Sep. 2024)


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

What is T. Rowe Price Group 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. T. Rowe Price Group's 10-Year RORE % for the quarter that ended in Sep. 2024 was 8.25%.

The industry rank for T. Rowe Price Group's 10-Year RORE % or its related term are showing as below:

XTER:TR1's 10-Year RORE % is ranked better than
57.96% of 835 companies
in the Asset Management industry
Industry Median: 4.24 vs XTER:TR1: 8.25

T. Rowe Price Group 10-Year RORE % Historical Data

The historical data trend for T. Rowe Price Group's 10-Year RORE % 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 10-Year RORE % Chart

T. Rowe Price Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.48 14.38 16.65 6.61 7.22

T. Rowe Price Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-Year RORE % 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 6.29 7.22 7.84 7.43 8.25

Competitive Comparison of T. Rowe Price Group's 10-Year RORE %

For the Asset Management subindustry, T. Rowe Price Group's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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's 10-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's 10-Year RORE % falls into.



T. Rowe Price Group 10-Year RORE % Calculation

T. Rowe Price Group's 10-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 8.372-4.05 )/( 68.581-16.184 )
=4.322/52.397
=8.25 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 10-year before.


T. Rowe Price Group  (XTER:TR1) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


T. Rowe Price Group 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of T. Rowe Price Group's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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 August 2024, the firm had $1.612 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