Filing Flows › Comparisons › BEN vs TROW
Franklin Templeton vs Price T Rowe Group: BEN and TROW compared
Franklin Templeton is the larger company: $2.4B of revenue in its latest quarter (Q4 FY26) against $2.0B for Price T Rowe Group (Q3 2026). Price T Rowe Group is growing faster (+6% against +4% a year earlier). Price T Rowe Group is more profitable, with an operating margin of 38.4% against 14.6%.
Where the money goes: BEN and TROW
Franklin Templeton (BEN) · Q4 FY26
Franklin Templeton, Q4 FY26: revenue $2.4B (+4% year over year), operating margin 14.6%, net earnings $380M. The chart follows the revenue to costs, profit and cash.
Price T Rowe Group (TROW) · Q3 2026
Price T Rowe Group, Q3 2026: revenue $2.0B (+6% year over year), operating margin 38.4%, net earnings $612M, operating cash flow $543M. The chart follows the revenue to costs, profit and cash.
| Franklin Templeton (BEN) | Price T Rowe Group (TROW) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q3 2026 |
| Revenue | $2.4B | $2.0B |
| Revenue growth, Y/Y | +4% | +6% |
| Operating margin | 14.6% | 38.4% |
| Net earnings | $380M | $612M |
| Net margin | 15.6% | 30.5% |
| Operating cash flow | — | $543M |
| Free cash flow | — | $471M |
| Market value | $17.4B | $23.2B |
| P/E | 15.3× | 11.0× |
| Analysts’ mean target | $35.62 | $105.39 |
Where the revenue comes from
Franklin Templeton
- Investment management fees: $1.9B (80%)
- Sales and distribution fees: $404M (17%)
- Shareholder servicing fees: $75.2M (3%)
- Other: $10.3M (0%)
Price T Rowe Group
- Investment advisory fees: $1.8B (90%)
- Administrative, distribution, servicing, and other fees: $141M (7%)
- Capital allocation-based income: $59.9M (3%)
- Performance-based advisory fees: $7.3M (0%)
Questions
Which is bigger, Franklin Templeton or Price T Rowe Group?
Franklin Templeton is the larger company: $2.4B of revenue in its latest quarter (Q4 FY26) against $2.0B for Price T Rowe Group (Q3 2026).
Is Franklin Templeton or Price T Rowe Group growing faster?
Price T Rowe Group is growing faster (+6% against +4% a year earlier).
Which is more profitable, Franklin Templeton or Price T Rowe Group?
Price T Rowe Group is more profitable, with an operating margin of 38.4% against 14.6%.
More: Franklin Templeton earnings · how Franklin Templeton makes money · Price T Rowe Group earnings · how Price T Rowe Group makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 6, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.