Market Cap for T. Rowe Price (TROW)
According to T. Rowe Price's latest reported financial statements, the company's latest reported market cap is $22.91B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
TROW
Currently viewingMarket CapSwitch metric
Latest period
$22.91B
YoY change
-1.9%
5Y CAGR
-13.0%
Peak year (2021)
$44.99B
Latest annual
$22.48B
Market Cap history chart for T. Rowe Price (TROW) from 1986 to 2026
Market Cap history table for T. Rowe Price (TROW) from 1986 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $22.48B | -1.9% | ||
| 2025 | $22.91B | -9.3% | ||
| 2024 | $25.25B | +4.3% | ||
| 2023 | $24.21B | -2.3% | ||
| 2022 | $24.77B | -45.0% | ||
| 2021 | $44.99B | +28.5% | ||
| 2020 | $35.00B | +20.4% | ||
| 2019 | $29.07B | +27.5% | ||
| 2018 | $22.79B | -11.4% | ||
| 2017 | $25.72B | +36.5% | ||
| 2016 | $18.84B | +1.0% | ||
| 2015 | $18.65B | -18.8% | ||
| 2014 | $22.96B | +2.9% | ||
| 2013 | $22.31B | +31.3% | ||
| 2012 | $17.00B | +13.3% | ||
| 2011 | $14.99B | -12.4% | ||
| 2010 | $17.11B | +22.5% | ||
| 2009 | $13.97B | +45.9% | ||
| 2008 | $9.57B | -43.7% | ||
| 2007 | $17.00B | +39.3% | ||
| 2006 | $12.20B | +24.0% | ||
| 2005 | $9.84B | +17.9% | ||
| 2004 | $8.34B | +36.4% | ||
| 2003 | $6.12B | +75.7% | ||
| 2002 | $3.48B | -22.2% | ||
| 2001 | $4.48B | -18.1% | ||
| 2000 | $5.47B | +14.3% | ||
| 1999 | $4.78B | +7.4% | ||
| 1998 | $4.45B | +10.8% | ||
| 1997 | $4.02B | +50.0% | ||
| 1996 | $2.68B | +75.7% | ||
| 1995 | $1.52B | +66.1% | ||
| 1994 | $918.00M | +1.5% | ||
| 1993 | $904.71M | +33.5% | ||
| 1992 | $677.81M | +3.2% | ||
| 1991 | $657.11M | +88.6% | ||
| 1990 | $348.33M | -19.9% | ||
| 1989 | $434.81M | +74.1% | ||
| 1988 | $249.81M | +70.7% | ||
| 1987 | $146.32M | -32.6% | ||
| 1986 | $217.02M | — |
Market Cap values are taken from T. Rowe Price's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2026 reading of T. Rowe Price (TROW) market cap is $22.48B – edged down 1.9% year-over-year.
T. Rowe Price market cap has contracted on net over the period, with a -13.0% compound annual growth rate over 2021–2026 (5 years).
Between 2021 and 2026, T. Rowe Price market cap plunged 50.0%, falling from $44.99B to $22.48B.
2021 marks the peak market cap at $44.99B, with the historical low of $146.32M recorded in 1987.
Among 8 Financial Services peers, T. Rowe Price (TROW) ranks 9th; the peer median for market cap is $413.64B.
T. Rowe Price Market Cap by Year
T. Rowe Price Market Cap 2026: $22.48B
T. Rowe Price market cap in 2026 was $22.48B, edged down 1.9% below 2025.
T. Rowe Price Market Cap 2025: $22.91B
T. Rowe Price market cap in 2025 was $22.91B, declined 9.3% below 2024.
T. Rowe Price Market Cap 2024: $25.25B
T. Rowe Price market cap in 2024 was $25.25B, edged up 4.3% from 2023.
T. Rowe Price Market Cap 2023: $24.21B
T. Rowe Price market cap in 2023 was $24.21B, edged down 2.3% below 2022.
T. Rowe Price Market Cap 2022: $24.77B
T. Rowe Price market cap in 2022 was $24.77B.
See more financial history for T. Rowe Price (TROW).
Sector peers — Market Cap
Companies in the same sector as T. Rowe Price, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $1.03T | Financial Services |
| JPMorgan Chase & Co. (JPM) | $839.99B | Financial Services |
| Visa Inc. (V) | $596.34B | Financial Services |
| Mastercard Incorporated (MA) | $449.35B | Financial Services |
| Bank of America Corporation (BAC) | $377.92B | Financial Services |
| Morgan Stanley (MS) | $302.29B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $274.96B | Financial Services |
| Wells Fargo & Company (WFC) | $249.74B | Financial Services |
Frequently asked questions
What is T. Rowe Price's market cap?
- Latest reported market cap for T. Rowe Price (TROW) is $22.91B (period ending December 31, 2025).
How has T. Rowe Price market cap changed year-over-year?
- T. Rowe Price (TROW) market cap changed -1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of T. Rowe Price market cap?
- T. Rowe Price (TROW) market cap compound annual growth rate is -13.0% over the most recent 5 years available.
When did T. Rowe Price market cap hit its highest annual value?
- T. Rowe Price market cap reached its highest annual value of $44.99B in 2021.
What was T. Rowe Price market cap in 2025?
- T. Rowe Price (TROW) market cap in 2025 was $22.91B.
What was T. Rowe Price market cap in 2026?
- T. Rowe Price (TROW) market cap in 2026 was $22.48B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
TROW Overview
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