T. Rowe Price Group Inc
TROW: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| MXz | LOCK|D!>xc | LOCK|<><%kW@M |
T. Rowe Price Earnings: Market Gains More Than Offset Outflows; Shares Remain Fairly Valued
T. Rowe Price exited June with a record $1.893 trillion in assets under management. Despite fee rates being down year over year, higher average AUM led to adjusted revenue rising 8.6% to $1.9 billion in the second quarter, with adjusted operating margin increasing to 37.2% from 35.7%.
