T. Rowe Price Group (MEX:TROW) Altman Z2-Score: 10.17 (As of Jul. 02, 2026) — Near Median


MEX:TROW T. Rowe Price Group Inc MEX:TROW
73 GF Score
Price MXN1,765.36
GF Value MXN1,849.29
Valuation Fairly Valued
! 9 Warning Signs
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What is T. Rowe Price Group Altman Z2-Score?

T. Rowe Price Group MEX:TROW 73 Altman Z2-Score is 10.17 as of Jul. 02, 2026, which is 5% below its 10-year median of 10.65. GuruFocus rates MEX:TROW with a GF Score™ of 73/100 and a GF Value™ of MXN1,849.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 705 Asset Management companies, T. Rowe Price Group ranks better than 64.96% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

T. Rowe Price Group has a Altman Z2-Score of 10.17, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for T. Rowe Price Group's Altman Z2-Score or its related term are showing as below:

MEX:TROW' s Altman Z2-Score Range Over the Past 10 Years
Min: 9.15   Med: 10.65   Max: 15.82
Current: 10.15

During the past 13 years, T. Rowe Price Group's highest Altman Z2-Score was 15.82. The lowest was 9.15. And the median was 10.65.


T. Rowe Price Group  (MEX:TROW) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


T. Rowe Price Group Altman Z2-Score Related Terms


T. Rowe Price Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for T. Rowe Price Group's Altman Z2-Score 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 Altman Z2-Score Chart

T. Rowe Price Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 9.38 10.07 10.71 10.58

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
Altman Z2-Score 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 9.59 9.69 9.64 10.58 10.15

MEX:TROW vs PFG, ARES, RJF: Altman Z2-Score Comparison

For the Asset Management subindustry, T. Rowe Price Group's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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 Altman Z2-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's Altman Z2-Score falls into.


MEX:TROW
73GF Score
T. Rowe Price Group Inc MEX:TROW
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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T. Rowe Price Group Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

T. Rowe Price Group's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.2875+3.26*0.7494+6.72*0.2006+1.05*4.2809
=10.17

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was MXN259,545 Mil.
Total Current Assets was MXN83,666 Mil.
Total Current Liabilities was MXN9,051 Mil.
Retained Earnings was MXN194,503 Mil.
Pre-Tax Income was 11400.273 + 11039.295 + 16172.247 + 13440.283 = MXN52,052 Mil.
Interest Expense was 0 + 0 + 0 + 0 = MXN0 Mil.
Total Liabilities was MXN45,399 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(83666.318 - 9050.612)/259544.651
=0.2875

X2=Retained Earnings/Total Assets
=194502.506/259544.651
=0.7494

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(52052.098 - 0)/259544.651
=0.2006

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(194349.228 - 0)/45399.126
=4.2809

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

T. Rowe Price Group has a Altman Z2-Score of 10.17 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 10.17 mean?
T. Rowe Price Group (MEX:TROW) has a Altman Z2-Score of 10.17 as of Jul. 02, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on T. Rowe Price Group and its competitors. This is near median its historical median of 10.65. Over the past decade, T. Rowe Price Group's Altman Z2-Score has ranged from 9.15 to 15.82. According to the industry distribution chart, T. Rowe Price Group ranks #247 out of 705 companies in the Asset Management industry, placing it in the top 35%.
Is T. Rowe Price Group's Altman Z2-Score too high?
T. Rowe Price Group's current Altman Z2-Score of 10.17 is near median its 10-year median of 10.65. Over the past 10 years, this metric has ranged from a low of 9.15 to a high of 15.82. The Asset Management industry median Altman Z2-Score is 6.11. T. Rowe Price Group's value of 10.17 is 66.4% above this industry median. Based on the distribution chart, T. Rowe Price Group ranks #247 out of 705 companies in the Asset Management industry, which is above the industry midpoint. 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 Altman Z2-Score compare to PFG and ARES?
According to the Asset Management industry distribution chart, T. Rowe Price Group ranks #247 out of 705 companies for Altman Z2-Score. This puts T. Rowe Price Group in the upper half of its industry. The industry median Altman Z2-Score is 6.11. T. Rowe Price Group's value of 10.17 is 66.4% above this benchmark. Historically, T. Rowe Price Group's own Altman Z2-Score has ranged from 9.15 to 15.82 over the past decade. While the company's 10-year median is 10.65 vs. the industry median of 6.11, 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 Altman Z2-Score for an Asset Management company?
The median Altman Z2-Score among Asset Management companies is 6.11, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. T. Rowe Price Group's current Altman Z2-Score of 10.17 is 66.4% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on T. Rowe Price Group and its competitors. For the Asset Management industry, the median Altman Z2-Score is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T. Rowe Price Group's current Altman Z2-Score is 10.17, which is near median its own 10-year median of 10.65. 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 MXN1,849.29, compared to a current price of MXN1,765.36 — trading 4.5% below its estimated fair value. The current Altman Z2-Score is 10.17, which is near median its 10-year median of 10.65 and 66.4% above the Asset Management industry median of 6.11. T. Rowe Price Group's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For T. Rowe Price Group (MEX:TROW), the current Altman Z2-Score is 10.17 as of Jul. 02, 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 4.5% below its estimated GF Value™ of MXN1,849.29. GuruFocus considers T. Rowe Price Group to be Fairly Valued.

Key valuation signals for MEX:TROW:

  • Altman Z2-Score: 10.17 (near median its 10-year median of 10.65)
  • GF Value™: MXN1,849.29 vs. price of MXN1,765.36 (4.5% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 66.4% above the Asset Management median (#247 of 705)

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

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,765.36
Price
MXN1,849.29
GF Value