Franklin Resources (BEN) vs. T. Rowe Price (TROW)
This page compares Franklin Resources (BEN) with T. Rowe Price (TROW) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Franklin Resources (BEN) and T. Rowe Price (TROW) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Symbol | BEN | TROW |
|---|---|---|
| Name | Franklin Resources Inc. | T. Rowe Price Group, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Asset Management & Custody Banks | Asset Management & Custody Banks |
| Market Capitalization | 16.28 billion USD | 22.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | September 23, 1983 | April 2, 1986 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both Franklin Resources (BEN) at 23.92 and T. Rowe Price (TROW) at 11.37 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.
BEN
Financial Services industry group
23.92
- Max
- 44.34
- Q3
- 24.92
- Median
- 14.09
- Q1
- 8.67
- Min
- 0.58
TROW
Financial Services industry group
11.37
- Max
- 44.34
- Q3
- 24.92
- Median
- 14.09
- Q1
- 8.67
- Min
- 0.58
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both Franklin Resources (BEN) at 1.80 and T. Rowe Price (TROW) at 3.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BEN
Financial Services industry group
1.80
- Max
- 9.44
- Q3
- 4.72
- Median
- 2.81
- Q1
- 1.43
- Min
- -1.07
TROW
Financial Services industry group
3.07
- Max
- 9.44
- Q3
- 4.72
- Median
- 2.81
- Q1
- 1.43
- Min
- -1.07
Price-to-Book Ratio (MRQ)
On Price-to-Book Ratio (MRQ), both Franklin Resources (BEN) at 1.34 and T. Rowe Price (TROW) at 2.11 are valued close to their industries’ norm against book — neither stands out from peers.
BEN
Financial Services industry group
1.34
- Max
- 6.93
- Q3
- 3.31
- Median
- 1.55
- Q1
- 0.89
- Min
- 0.00
TROW
Financial Services industry group
2.11
- Max
- 6.93
- Q3
- 3.31
- Median
- 1.55
- Q1
- 0.89
- Min
- 0.00
Valuation at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 23.92 | 11.37 |
| Price-to-Sales Ratio (TTM) | 1.80 | 3.07 |
| Price-to-Book Ratio (MRQ) | 1.34 | 2.11 |
| Free Cash Flow Yield | -1.49% | 8.28% |
Profitability
Return on Equity (TTM)
Both Franklin Resources (BEN) at 6.70% and T. Rowe Price (TROW) at 18.69% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.
BEN
Financial Services industry group
6.70%
- Max
- 42.17%
- Q3
- 21.43%
- Median
- 12.16%
- Q1
- 4.99%
- Min
- -18.74%
TROW
Financial Services industry group
18.69%
- Max
- 42.17%
- Q3
- 21.43%
- Median
- 12.16%
- Q1
- 4.99%
- Min
- -18.74%
Net Profit Margin (TTM)
Both Franklin Resources (BEN) at 8.12% and T. Rowe Price (TROW) at 28.28% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BEN
Financial Services industry group
8.12%
- Max
- 66.55%
- Q3
- 30.45%
- Median
- 16.58%
- Q1
- 4.45%
- Min
- -26.88%
TROW
Financial Services industry group
28.28%
- Max
- 66.55%
- Q3
- 30.45%
- Median
- 16.58%
- Q1
- 4.45%
- Min
- -26.88%
Operating Profit Margin (TTM)
Both Franklin Resources (BEN) at 17.24% and T. Rowe Price (TROW) at 37.18% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
BEN
Financial Services industry group
17.24%
- Max
- 95.95%
- Q3
- 50.68%
- Median
- 27.45%
- Q1
- 12.13%
- Min
- -36.26%
TROW
Financial Services industry group
37.18%
- Max
- 95.95%
- Q3
- 50.68%
- Median
- 27.45%
- Q1
- 12.13%
- Min
- -36.26%
Profitability at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| Return on Equity (TTM) | 6.70% | 18.69% |
| Return on Assets (TTM) | 2.60% | 10.85% |
| Net Profit Margin (TTM) | 8.12% | 28.28% |
| Operating Profit Margin (TTM) | 17.24% | 37.18% |
| Gross Profit Margin (TTM) | 37.36% | 52.00% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| 1-Year Revenue Growth | 3.45% | 3.12% |
| 3-Year Revenue CAGR | 1.96% | 4.08% |
EPS Growth
EPS Growth at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| 1-Year EPS Growth | 7.06% | 0.98% |
| 3-Year EPS CAGR | -28.88% | 11.31% |
Financial Strength
Current Ratio (MRQ)
Current Ratio (MRQ) isn’t a meaningful figure for either Franklin Resources (BEN) in Financial Services or T. Rowe Price (TROW) in Financial Services under our convention.
BEN
Financial Services industry group
6.34
- Max
- 8.56
- Q3
- 4.36
- Median
- 1.85
- Q1
- 1.11
- Min
- 0.05
TROW
Financial Services industry group
5.55
- Max
- 8.56
- Q3
- 4.36
- Median
- 1.85
- Q1
- 1.11
- Min
- 0.05
Debt-to-Equity Ratio (MRQ)
Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Franklin Resources (BEN) in Financial Services or T. Rowe Price (TROW) in Financial Services under our convention.
BEN
Financial Services industry group
0.23
- Max
- 6.26
- Q3
- 2.76
- Median
- 1.19
- Q1
- 0.35
- Min
- 0.00
TROW
Financial Services industry group
0.04
- Max
- 6.26
- Q3
- 2.76
- Median
- 1.19
- Q1
- 0.35
- Min
- 0.00
Financial Strength at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| Current Ratio (MRQ) | 6.34 | 5.55 |
| Debt-to-Equity Ratio (MRQ) | 0.23 | 0.04 |
| Net Debt / EBITDA | 0.48 | -1.12 |
Dividends
Dividend Yield (TTM)
Both Franklin Resources (BEN) at 4.21% and T. Rowe Price (TROW) at 4.91% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.
BEN
Financial Services industry group
4.21%
- Max
- 20.38%
- Q3
- 8.19%
- Median
- 1.98%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
4.91%
- Max
- 20.38%
- Q3
- 8.19%
- Median
- 1.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
T. Rowe Price (TROW) at 54.83% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Franklin Resources (BEN) at 99.24% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
BEN
Financial Services industry group
99.24%
- Max
- 228.57%
- Q3
- 95.89%
- Median
- 25.56%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
54.83%
- Max
- 228.57%
- Q3
- 95.89%
- Median
- 25.56%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| Dividend Yield (TTM) | 4.21% | 4.91% |
| Dividend Payout Ratio (TTM) | 99.24% | 54.83% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | BEN | TROW |
|---|---|---|
| 1-Year Return | 52.29% | 19.81% |
| 1-Year Volatility | 27.56% | 23.80% |
| Beta | 1.55 | 1.48 |
| 3-Month Avg. Volume | 5.04M | 2.29M |