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"https://www.sec.gov/Archives/edgar/data/1113169/000111316919000011/", "accession": "0001113169-19-000011" }, { "fy": 2017, "period_end": "2017-12-31", "sec_frame": "CY2017", "value": 4854900000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316920000008/", "accession": "0001113169-20-000008" }, { "fy": 2018, "period_end": "2018-12-31", "sec_frame": "CY2018", "value": 5372600000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316921000006/", "accession": "0001113169-21-000006" }, { "fy": 2019, "period_end": "2019-12-31", "sec_frame": "CY2019", "value": 5617900000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316922000005/", "accession": "0001113169-22-000005" }, { "fy": 2020, "period_end": "2020-12-31", "sec_frame": "CY2020", "value": 6206700000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316923000007/", "accession": "0001113169-23-000007" }, { "fy": 2021, "period_end": "2021-12-31", "sec_frame": "CY2021", "value": 7671900000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316924000007/", "accession": "0001113169-24-000007" }, { "fy": 2022, "period_end": "2022-12-31", "sec_frame": "CY2022", "value": 6488400000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316925000007/", "accession": "0001113169-25-000007" }, { "fy": 2023, "period_end": "2023-12-31", "sec_frame": "CY2023", "value": 6460500000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/", "accession": "0001628280-26-008002" }, { "fy": 2024, "period_end": "2024-12-31", "sec_frame": "CY2024", "value": 7093600000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/", "accession": "0001628280-26-008002" }, { "fy": 2025, "period_end": "2025-12-31", "sec_frame": "CY2025", "value": 7314800000.0, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/", "accession": "0001628280-26-008002" } ], "dividend_years": [ 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 ], "insider_transactions_recent": [ { "txn_date": "2026-08-25", "insider_name": "Nelson Joshua B", "role": "Pres", "code": "S", "shares": 10000.0, "price": 111.82, "value": 1118200.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/1113169/000190214526000003/" }, { "txn_date": "2026-05-13", "insider_name": "Jackson Stephon A.", "role": "Pres", "code": "S", "shares": 3000.0, "price": 102.56, "value": 307680.0, "is_10b5_1": 0, "source_url": "https://www.sec.gov/Archives/edgar/data/1113169/000184003626000002/" } ], "links": { "sec_filings": "https://www.sec.gov/edgar/browse/?CIK=0001113169", "sec_xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001113169.json", "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001113169&type=4", "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001113169&type=8-K", "yahoo": "https://finance.yahoo.com/quote/TROW", "stooq": "https://stooq.com/q/d/?s=trow.us", "external_views_link_only": { "morningstar": "https://www.morningstar.com/search?query=TROW", "finviz": "https://finviz.com/quote.ashx?t=TROW", "stockanalysis": "https://stockanalysis.com/stocks/trow/", "seeking_alpha": "https://seekingalpha.com/symbol/TROW", "openinsider": "http://openinsider.com/search?q=TROW", "google_news": "https://news.google.com/rss/search?q=TROW+stock" } }, "machine_readable": { "json": "https://theclaudetrader.com/s/TROW.json", "markdown": "https://theclaudetrader.com/s/TROW.md", "research_packet": "https://theclaudetrader.com/r/TROW.json", "index": "https://theclaudetrader.com/llms.txt" }, "dossier": null, "cite_as": "The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/TROW; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.", "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.", "fair_value_model": { "fair_value": 103.55, "fv_low": 94.4, "fv_high": 256.86, "fv_gap_pct": -0.6, "fv_verdict": "amber", "fv_methods": 3, "fv_as_of": "2026-10-23", "fv_calculated_on": "2026-10-26", "fv_inputs_through": "2026-07-31", "fv_skipped": null, "unit": "per traded unit (share or ADS), same currency as the price", "methods": { "dcf": { "value": 94.39991705464658, "growth_used": 0.033399722000542864, "fcf_avg": 1217533333.3333333, "inputs": { "fcf": { "value": 1217533333.3333333, "years": [ 2023, 2024, 2025 ], "by_year": [ 911200000.0, 1262200000.0, 1479200000.0 ], "cfo": [ { "value": 1219100000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2023-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" }, { "value": 1685600000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2024-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" }, { "value": 1753400000.0, "tag": "SEC XBRL NetCashProvidedByUsedInOperatingActivities", "period_end": "2025-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" } ], "capex": [ { "value": 307900000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2023-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" }, { "value": 423400000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2024-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" }, { "value": 274200000.0, "tag": "SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment", "period_end": "2025-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" } ] }, "revenue_cagr_5y": { "value": 0.033399722000542864, "from": { "value": 6206700000.0, "tag": "SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax", "period_end": "2020-12-31", "accession": "0001113169-23-000007", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000111316923000007/" }, "to": { "value": 7314800000.0, "tag": "SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax", "period_end": "2025-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/" } }, "shares": { "value": 213315850.0, "tag": "SEC cover page 10-Q 0001628280-26-051335 (213,315,850 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1113169/000162828026051335/trow-20260630.htm", "period_end": "2026-07-29", "accession": "0001628280-26-051335", "filed": "2026-07-31", "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026051335/R1.htm" } } }, "earnings": { "value": 256.8621836156613, "pe_used": 27.798937620742564, "pe_raw": 27.798937620742564, "pe_basis": "SIC 62 peer median excluding itself (14 peers)", "inputs": { "eps": { "fy": 2025, "value": 9.24, "tag": "SEC XBRL EarningsPerShareDiluted", "period_end": "2025-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/", "value_reported": 9.24, "split_factor": 1.0 } } }, "graham": { "value": 103.55268646686399, "inputs": { "eps": { "fy": 2025, "value": 9.24, "tag": "SEC XBRL EarningsPerShareDiluted", "period_end": "2025-12-31", "accession": "0001628280-26-008002", "filed": null, "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026008002/", "value_reported": 9.24, "split_factor": 1.0 }, "bvps": { "value": 51.57844576481307, "equity": { "value": 11002500000.0, "tag": "SEC XBRL StockholdersEquity (companyfacts)", "period_end": "2026-06-30", "accession": "0001628280-26-051335", "filed": "2026-07-31", "url": "https://www.sec.gov/Archives/edgar/data/1113169/000162828026051335/" }, "shares": 213315850.0 } } } }, "method_note": "Median of up to three methods from SEC filings: owner-earnings DCF (3-yr avg FCF, 10-yr two-stage, growth = min(5-yr revenue CAGR, 10%) fading to 2.5%, 9% discount), trailing EPS x SIC-peer median P/E (8-35), Graham number. Model estimate, not advice.", "discount_rate": 0.09, "terminal_growth": 0.025, "verdict_rule": "green: fair value more than 10% above price; red: more than 10% below; amber: within 10%", "page": "https://theclaudetrader.com/fair-value" } }