NMR vs. TROW: Nomura vs. T. Rowe Price Stock Comparison
How do Nomura (NMR) and T. Rowe Price (TROW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Nomura (NMR) and T. Rowe Price (TROW) both belong to the Capital Markets industry, though NMR is classified under Investment Banking & Brokerage while TROW falls under Asset Management & Custody Banks.
T. Rowe Price (TROW) trades as ordinary local shares, while Nomura (NMR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | NMR | TROW |
|---|---|---|
| Name | Nomura Holdings, Inc. Sponsored ADR | T. Rowe Price Group Inc. |
| Country/Region | Japan | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Investment Banking & Brokerage | Asset Management & Custody Banks |
| Market Capitalization | 27.53 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | December 17, 2001 | April 2, 1986 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NMR | TROW |
|---|---|---|
| Total Return (1Y) | 35.42% | 14.59% |
| Total Return (3Y, Annualized) | 37.86% | 11.26% |
| Total Return (5Y, Annualized) | 18.78% | -8.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NMR | TROW |
|---|---|---|
| Volatility (1Y, Annualized) | 29.52% | 24.99% |
| Beta (5Y) | 0.79 | 1.39 |
| Max Drawdown (5Y) | -38.40% | -57.57% |
| Avg. Volume (3M) | 789.26K | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NMR | TROW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.06 | 0.41 |
| Sortino Ratio (1Y) | 1.55 | 0.58 |
Profitability
ROE (TTM)
Both Nomura (NMR) at 11.51% and T. Rowe Price (TROW) at 18.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
NMR
Financial Services industry group
11.51%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- NMR
- 11.51%
- Q1
- 4.48%
- Min
- -18.71%
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
T. Rowe Price (TROW) at 28.40% retains a top-quartile share of revenue as profit, ahead of Nomura (NMR) at 17.12%, which keeps about the industry-typical share.
NMR
Financial Services industry group
17.12%
- Max
- 62.84%
- Q3
- 28.05%
- NMR
- 17.12%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Nomura (NMR) at 24.36% and T. Rowe Price (TROW) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
NMR
Financial Services industry group
24.36%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- NMR
- 24.36%
- Q1
- 14.60%
- Min
- -44.34%
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | NMR | TROW |
|---|---|---|
| ROE (TTM) | 11.51% | 18.20% |
| ROA (TTM) | 0.68% | 10.67% |
| Net Margin (TTM) | 17.12% | 28.40% |
| Operating Margin (TTM) | 24.36% | 38.60% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Nomura (NMR) at 10.80% and T. Rowe Price (TROW) at 3.12% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Nomura (NMR) at 7.17% and T. Rowe Price (TROW) at 0.98% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NMR | TROW |
|---|---|---|
| Revenue Growth (YoY) | 10.80% | 3.12% |
| Revenue Growth (3Y CAGR) | 17.17% | 4.08% |
| EPS Growth (YoY) | 7.17% | 0.98% |
| EPS Growth (3Y CAGR) | 58.75% | 11.31% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Nomura (NMR) in Financial Services and T. Rowe Price (TROW) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Nomura (NMR) in Financial Services and T. Rowe Price (TROW) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | NMR | TROW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
T. Rowe Price (TROW) at 4.76% earns its spot in the top quartile of its industry’s yields; Nomura (NMR) at 620.40% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
NMR
Financial Services industry group
620.40%
- NMR
- 620.40%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Nomura (NMR) at 16.85% and T. Rowe Price (TROW) at 52.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
NMR
Financial Services industry group
16.85%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- NMR
- 16.85%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NMR | TROW |
|---|---|---|
| Dividend Yield (TTM) | 620.40% | 4.76% |
| Dividend Payout Ratio (TTM) | 16.85% | 52.33% |
Valuation
P/E Ratio (TTM)
Both Nomura (NMR) at 10.83 and T. Rowe Price (TROW) at 10.97 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
NMR
Financial Services industry group
10.83
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- NMR
- 10.83
- Q1
- 9.68
- Min
- 0.16
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Nomura (NMR) at 0.01 sits in the cheaper P/S ratio quartile while T. Rowe Price (TROW) at 3.00 prices around its industry’s middle — NMR costs less per dollar of sales, though read it alongside growth and margins.
NMR
Financial Services industry group
0.01
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- NMR
- 0.01
- Min
- -0.55
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both Nomura (NMR) at 1.15 and T. Rowe Price (TROW) at 2.03 are valued close to their industries’ norm against book — neither stands out from peers.
NMR
Financial Services industry group
1.15
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- NMR
- 1.15
- Q1
- 0.81
- Min
- -0.39
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | NMR | TROW |
|---|---|---|
| P/E Ratio (TTM) | 10.83 | 10.97 |
| P/S Ratio (TTM) | 0.01 | 3.00 |
| P/B Ratio (MRQ) | 1.15 | 2.03 |
| Free Cash Flow Yield (TTM) | -- | -- |