Affiliated Managers Group (AMG) vs T. Rowe Price Group (TROW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Affiliated Managers Group (AMG) has outperformed T. Rowe Price Group (TROW) over the past year, gaining 57.2% versus a loss of 1.6%. Over five years, AMG leads with a +135.6% price change compared with -47.9% for TROW. T. Rowe Price Group is the larger company by market cap ($22.10 billion vs $9.78 billion), about 2.3 times the size.
On valuation, Affiliated Managers Group trades at a lower forward P/E (8.8x vs 10.0x for T. Rowe Price Group). T. Rowe Price Group offers the higher dividend yield (4.96% vs 0.01%). Affiliated Managers Group converts more of its revenue into profit, with a net margin of 34.5% versus 28.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMG | TROW |
|---|---|---|
| Share price | $378.31 | $103.62 |
| Market cap | $9.78B | $22.10B |
| 1-day change | +0.32% | -0.44% |
| YTD return | +30.81% | +1.65% |
| 1-year return | +57.15% | -1.62% |
| 5-year return | +135.62% | -47.90% |
| P/E ratio (TTM) | 13.26 | 10.40 |
| Forward P/E | 8.84 | 10.04 |
| EPS (TTM) | $28.54 | $9.96 |
| Dividend yield | 0.01% | 4.96% |
| Annual dividend | $0.04 | $5.14 |
| Revenue (latest FY) | $2.07B | $7.31B |
| Revenue growth (YoY) | +1.64% | +3.12% |
| Net income (latest FY) | $716.60M | $2.09B |
| Operating margin | — | 29.92% |
| Net margin | 34.54% | 28.53% |
| 52-week high | $392.92 | $122.00 |
| 52-week low | $230.26 | $85.22 |
| Distance from 52-week high | -3.72% | -15.07% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +16.42% | +3.57% |
| Average volume | 275.52K | 1.68M |
| Shares outstanding | 25.86M | 213.32M |
| Employees | 5,600 | 7,544 |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- T. Rowe Price Group is about 2.3 times larger than Affiliated Managers Group by market value ($22.10B vs $9.78B).
- AMG has outperformed TROW by 58.8 percentage points over the past year.
- Affiliated Managers Group trades at a higher earnings multiple (13.3x vs 10.4x trailing P/E).
- T. Rowe Price Group offers a meaningfully higher dividend yield (4.96% vs 0.01%).
- Affiliated Managers Group is more profitable, keeping 34.5 cents of every revenue dollar as net income versus 28.5 cents for T. Rowe Price Group.
About Affiliated Managers Group
AMG stock →Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.
Finance · Investment Managers · 5,600 employees
About T. Rowe Price Group
TROW stock →T. Rowe Price Group, Inc.
Finance · Investment Managers · 7,544 employees
AMG vs TROW FAQ
Which is bigger, Affiliated Managers Group or T. Rowe Price Group?
T. Rowe Price Group (TROW) is larger, with a market capitalization of $22.10B compared with $9.78B for Affiliated Managers Group (AMG).
Which stock has performed better over the past year, AMG or TROW?
AMG returned +57.15% over the past 12 months, compared with -1.62% for TROW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMG or TROW?
TROW has the lower trailing P/E at 10.4, versus 13.3 for AMG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Affiliated Managers Group or T. Rowe Price Group?
T. Rowe Price Group has the higher yield at 4.96%, compared with 0.01% for Affiliated Managers Group.
Are Affiliated Managers Group and T. Rowe Price Group in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.