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SCHW vs. TROW: Charles Schwab vs. T. Rowe Price Stock Comparison

How do Charles Schwab (SCHW) 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

Charles Schwab (SCHW) and T. Rowe Price (TROW) both belong to the Capital Markets industry, though SCHW is classified under Investment Banking & Brokerage while TROW falls under Asset Management & Custody Banks.

Company profile comparison for Charles Schwab (SCHW) and T. Rowe Price (TROW)
Profile ItemSCHWTROW
NameThe Charles Schwab CorporationT. Rowe Price Group Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryInvestment Banking & BrokerageAsset Management & Custody Banks
Market Capitalization158.22 billion USD23.13 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateSeptember 22, 1987April 2, 1986
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

SCHW
TROW
GSPC
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Charles Schwab (SCHW) and T. Rowe Price (TROW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Charles Schwab (SCHW) and T. Rowe Price (TROW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Total Return (1Y)-0.80%14.59%
Total Return (3Y, Annualized)21.35%11.26%
Total Return (5Y, Annualized)4.31%-8.60%

Risk Profile

Drawdown History

SCHW
TROW
GSPC
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Charles Schwab (SCHW) and T. Rowe Price (TROW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Volatility (1Y, Annualized)26.01%24.99%
Beta (5Y)0.741.39
Max Drawdown (5Y)-49.70%-57.57%
Avg. Volume (3M)8.22M1.72M

Risk-Adjusted Performance

Risk-Return Positioning

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SCHW and TROW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Sharpe Ratio (1Y)-0.200.41
Sortino Ratio (1Y)-0.260.58

Profitability

ROE (TTM)

Both Charles Schwab (SCHW) at 21.12% 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.

SCHW

Financial Services industry group

21.12%

Max
44.78%
Q3
21.85%
SCHW
21.12%
Median
12.91%
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%
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Charles Schwab (SCHW) at 39.33% and T. Rowe Price (TROW) at 28.40% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

SCHW

Financial Services industry group

39.33%

Max
62.84%
SCHW
39.33%
Q3
28.05%
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%
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Charles Schwab (SCHW) at 52.67% and T. Rowe Price (TROW) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

SCHW

Financial Services industry group

52.67%

Max
107.33%
Q3
55.90%
SCHW
52.67%
Median
30.09%
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%
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
ROE (TTM)21.12%18.20%
ROA (TTM)2.16%10.67%
Net Margin (TTM)39.33%28.40%
Operating Margin (TTM)52.67%38.60%
Gross Margin (TTM)----

Growth

Revenue Growth

Both Charles Schwab (SCHW) at 22.01% 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.

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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Charles Schwab (SCHW) at 55.52% sits in the top EPS growth quartile, while T. Rowe Price (TROW) at 0.98% is closer to the peer norm — faster per-share earnings growth for SCHW.

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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Revenue Growth (YoY)22.01%3.12%
Revenue Growth (3Y CAGR)4.83%4.08%
EPS Growth (YoY)55.52%0.98%
EPS Growth (3Y CAGR)9.93%11.31%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Charles Schwab (SCHW) 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: Charles Schwab (SCHW) 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

Financial strength metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

T. Rowe Price (TROW) at 4.76% delivers top-quartile income for its industry, while Charles Schwab (SCHW) at 1.33% pays a more typical yield — both are credible income propositions, TROW the richer one.

SCHW

Financial Services industry group

1.33%

Max
9.77%
Q3
3.92%
SCHW
1.33%
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%
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Charles Schwab (SCHW) at 21.03% 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.

SCHW

Financial Services industry group

21.03%

Max
241.07%
Q3
97.36%
Median
25.77%
SCHW
21.03%
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%
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
Dividend Yield (TTM)1.33%4.76%
Dividend Payout Ratio (TTM)21.03%52.33%

Valuation

P/E Ratio (TTM)

Both Charles Schwab (SCHW) at 15.64 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.

SCHW

Financial Services industry group

15.64

Max
45.85
Q3
24.64
SCHW
15.64
Median
15.37
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
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

T. Rowe Price (TROW) at 3.00 is priced about in line with its industry on P/S ratio, while Charles Schwab (SCHW) at 5.85 sits in the pricier quartile — SCHW costs more per dollar of sales.

SCHW

Financial Services industry group

5.85

Max
9.23
SCHW
5.85
Q3
4.57
Median
2.72
Q1
1.28
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
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Charles Schwab (SCHW) at 3.08 and T. Rowe Price (TROW) at 2.03 are valued close to their industries’ norm against book — neither stands out from peers.

SCHW

Financial Services industry group

3.08

Max
7.79
Q3
3.63
SCHW
3.08
Median
1.57
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
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Charles Schwab (SCHW) vs. T. Rowe Price (TROW): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Charles Schwab (SCHW) and T. Rowe Price (TROW)
MetricSCHWTROW
P/E Ratio (TTM)15.6410.97
P/S Ratio (TTM)5.853.00
P/B Ratio (MRQ)3.082.03
Free Cash Flow Yield (TTM)----