Charles Schwab Corporation Common Stock vs T Rowe Price Group Inc — how do they compare? Charles Schwab Corporation Common Stock trades at $107.87 (market cap $186.75B), while T Rowe Price Group Inc trades at $116.99 (market cap $24.27B). The key difference: Charles Schwab Corporation Common Stock is far larger — about 7.7× T Rowe Price Group Inc's market cap, and T Rowe Price Group Inc pays the higher dividend (4.57%). Which is the better fit depends on your goals.
| SCHW | TROW | |
|---|---|---|
Market Cap | $186.75B | $24.27B |
Sector | Financials | Financials |
52-Week High | $108.02 | $121.68 |
52-Week Low | $85.35 | $86.19 |
Dividend Yield | 1.19% | 4.57% |
Enterprise Value | — | $21.46B |
Trailing returns across standard periods
Charles Schwab operates in brokerage, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $8 trillion of client assets at the end of 2021. Nearly all of its revenue is from the United States.
Read more on SCHW →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
Read more on TROW →