What is T. Rowe Price Group Equity Assets (USD Mil)?
Equity Assets (USD Mil) are the equity investments the asset management company holds.
T. Rowe Price Group's Equity Assets (USD Mil) for the quarter that ended in Dec. 2023 was 743,600.00
, which higher from pervious quarter (Sep. 2023)'s result by 7.77%.
T. Rowe Price Group's Equity Assets (USD Mil) for the annual that ended in Dec. 2023 was 743,600.00
, which higher from pervious year (Dec. 2022)'s result by 11.95%.
The historical rank and industry rank for T. Rowe Price Group's Equity Assets (USD Mil) or its related term are showing as below:
TROW's Equity Assets (USD Mil) is not ranked *
in the Asset Management industry.
Industry Median: * Ranked among companies with meaningful Equity Assets (USD Mil) only.
T. Rowe Price Group Equity Assets (USD Mil) Historical Data
The historical data trend for T. Rowe Price Group's Equity Assets (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of T. Rowe Price Group's Equity Assets (USD Mil)
For the Asset Management subindustry, T. Rowe Price Group's Equity Assets (USD Mil), along with its competitors' market caps and Equity Assets (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
T. Rowe Price Group (NAS:TROW) Equity Assets (USD Mil) Explanation
Equity Assets (USD Mil) refers to the asset management company's investment in equity markets, which involve the purchases and sales of stocks. Equity can be further classified into two types: common stocks and preferred stocks. In addition to the right to claim profits, common stocks also give investors the right to vote at the shareholders’ meeting. Owners of preferred stock receive dividends as profit, but they do not have the right to vote.
Equity Assets (USD Mil) are usually compared with Fixed Income Assets (USD Mil). The major differences between equity investment and fixed-income investment are the types of securities, accessibility, level of risk, the expected return and the investment strategy of the investors. Equity market is more accessible than the fixed income market for individual investors. It has a higher expected return but also carries higher risk.
T. Rowe Price Group Equity Assets (USD Mil) Related Terms
Thank you for viewing the detailed overview of T. Rowe Price Group's Equity Assets (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.
T. Rowe Price Group (T. Rowe Price Group) Business Description
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
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