Enterprise Value (EV): $19.63B
The enterprise value (EV) is $19.63B as of Wednesday, June 24, 2026.
TROW Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$19.63B
TROW Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| T. Rowe Price Group, Inc. (TROW) | $22.54B | $19.63B |
| SoFi Technologies, Inc. (SOFI)vs › | $22.20B | $27.12B |
| Loews Corporation (L)vs › | $23.03B | $31.01B |
| Principal Financial Group, Inc. (PFG)vs › | $23.04B | $19.43B |
| Brown & Brown, Inc. (BRO)vs › | $20.95B | $31.55B |
| Willis Towers Watson Public Limited Company (WTW)vs › | $24.70B | $35.97B |
| KeyCorp (KEY)vs › | $25.08B | $32.32B |
| Regions Financial Corporation (RF)vs › | $25.17B | $17.69B |
| Synchrony Financial (SYF)vs › | $25.67B | $30.06B |
| W. R. Berkley Corporation (WRB)vs › | $26.08B | $28.12B |
Enterprise Value Calculation
Market Cap
$22.54B
Total Debt
$469.00M
Cash
$3.38B
Enterprise Value
$19.63B
EV-Based Valuation Multiples
EV/EBITDA
Not meaningful
EV/Sales
Not meaningful
EV/FCF
Not meaningful
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for T. Rowe Price Group, Inc. (TROW)?
- The enterprise value (EV) for TROW stock is $19.63B.
Related Metrics
About T. Rowe Price Group, Inc.
T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Robert W. Sharps