Projected Income Statement: T. Rowe Price Group, Inc.

Forecast Balance Sheet: T. Rowe Price Group, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -1,523 -1,756 -2,067 -2,650 -3,378 -4,188 -4,750 -5,688
Change - -15.3% -17.71% -28.21% -27.47% -23.97% -13.42% -19.75%
Announcement Date 1/27/22 A 1/26/23 A 2/8/24 A 2/5/25 A 2/4/26 A - - -
1USD in Million
Estimates

Cash Flow Forecast: T. Rowe Price Group, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 239.1 237.6 307.9 423.4 274.2 243.2 199.3 257.1
Change - -0.63% 29.59% 37.51% -35.24% -11.32% -18.03% 29.01%
Free Cash Flow (FCF) 1 3,213 - 911.2 1,262 - 2,113 2,361 2,006
Change - - - 38.52% - - 11.75% -15.04%
Announcement Date 1/27/22 A 1/26/23 A 2/8/24 A 2/5/25 A 2/4/26 A - - -
1USD in Million
Estimates

Forecast Financial Ratios: T. Rowe Price Group, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 51.03% 42.02% 38.98% 41.45% 42.32% 40.11% 40.83% 39.48%
EBIT Margin (%) 48.36% 38.54% 35.03% 37.86% 36.83% 36.01% 35.26% 32.95%
EBT Margin (%) 52.07% 30.03% 38.55% 39.75% 38.92% 40.98% 41.21% 38.5%
Net margin (%) 39.14% 23.45% 27% 28.82% 27.57% 29.65% 29.46% 28.17%
FCF margin (%) 41.88% - 14.1% 17.79% - 27.3% 29.78% 26.39%
FCF / Net Income (%) 107.01% - 52.24% 61.74% - 92.06% 101.08% 93.67%

Profitability

        
ROA 25.91% 12.6% 14.58% 28.41% 14.64% 16.57% 16.04% 12.3%
ROE 35.89% 17.04% 19.02% 17.57% 19.21% 20.55% 20.13% 16.02%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 3.12% 3.66% 4.77% 5.97% 3.71% 3.14% 2.51% 3.38%
CAPEX / EBITDA (%) 6.11% 8.72% 12.23% 14.4% 8.77% 7.83% 6.16% 8.57%
CAPEX / FCF (%) 7.44% - 33.79% 33.54% - 11.51% 8.44% 12.82%

Items per share

        
Cash flow per share 1 15.21 10.39 5.423 - - - - -
Change - -31.71% -47.8% - - - - -
Dividend per Share 1 4.32 4.8 4.88 4.96 5.08 5.198 5.257 5.415
Change - 11.11% 1.67% 1.64% 2.42% 2.32% 1.14% 3%
Book Value Per Share 1 39.37 39.41 42.45 46.33 49.68 49.65 52.79 63.9
Change - 0.11% 7.72% 9.13% 7.23% -0.06% 6.33% 21.04%
EPS 1 13.12 6.7 7.76 9.15 9.24 10.63 11.02 10.07
Change - -48.93% 15.82% 17.91% 0.98% 15.04% 3.64% -8.59%
Nbr of stocks (in thousands) 229,198 223,465 223,470 222,159 218,237 213,316 213,316 213,316
Announcement Date 1/27/22 A 1/26/23 A 2/8/24 A 2/5/25 A 2/4/26 A - - -
1USD
Estimates
2026 *2027 *
P/E 9.77x 9.42x
PBR 2.09x 1.97x
EV / Sales 2.32x 2.19x
Yield 5.01% 5.06%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
105.51USD
Average target price
108.83USD
Spread / Average Target
+3.15%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. TROW Stock
  4. T1RO34 Stock
  5. Financials T. Rowe Price Group, Inc.