vs

Side-by-side financial comparison of Amer Sports, Inc. (AS) and T. Rowe Price (TROW). Click either name above to swap in a different company.

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.8× Amer Sports, Inc.). T. Rowe Price runs the higher net margin — 26.1% vs 1.8%, a 24.3% gap on every dollar of revenue.

Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

AS vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.8× larger
TROW
$1.9B
$1.1B
AS
Higher net margin
TROW
TROW
24.3% more per $
TROW
26.1%
1.8%
AS

Income Statement — Q1 FY2024 vs Q1 FY2026

Metric
AS
AS
TROW
TROW
Revenue
$1.1B
$1.9B
Net Profit
$19.0M
$484.1M
Gross Margin
52.8%
Operating Margin
12.4%
36.6%
Net Margin
1.8%
26.1%
Revenue YoY
-4.0%
Net Profit YoY
2.7%
EPS (diluted)
$0.05
$2.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AS
AS
TROW
TROW
Q1 26
$1.9B
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.7B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Net Profit
AS
AS
TROW
TROW
Q1 26
$484.1M
Q4 25
$445.3M
Q3 25
$646.1M
Q2 25
$505.2M
Q1 25
$490.5M
Q4 24
$439.9M
Q3 24
$603.0M
Q2 24
$483.4M
Operating Margin
AS
AS
TROW
TROW
Q1 26
36.6%
Q4 25
24.4%
Q3 25
34.0%
Q2 25
27.8%
Q1 25
33.8%
Q4 24
31.2%
Q3 24
34.4%
Q2 24
32.6%
Net Margin
AS
AS
TROW
TROW
Q1 26
26.1%
Q4 25
23.0%
Q3 25
34.1%
Q2 25
29.3%
Q1 25
27.8%
Q4 24
24.1%
Q3 24
33.8%
Q2 24
27.9%
EPS (diluted)
AS
AS
TROW
TROW
Q1 26
$2.23
Q4 25
$1.98
Q3 25
$2.87
Q2 25
$2.24
Q1 25
$2.15
Q4 24
$1.91
Q3 24
$2.64
Q2 24
$2.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AS
AS
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$3.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$974.7M
Total Assets
$14.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AS
AS
TROW
TROW
Q1 26
$3.7B
Q4 25
$3.4B
Q3 25
$3.6B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$3.2B
Q2 24
$2.7B
Stockholders' Equity
AS
AS
TROW
TROW
Q1 26
$974.7M
Q4 25
$10.9B
Q3 25
$10.8B
Q2 25
$10.6B
Q1 25
$10.4B
Q4 24
$10.3B
Q3 24
$10.2B
Q2 24
$9.9B
Total Assets
AS
AS
TROW
TROW
Q1 26
$14.4B
Q4 25
$14.3B
Q3 25
$14.7B
Q2 25
$14.3B
Q1 25
$14.0B
Q4 24
$13.5B
Q3 24
$13.7B
Q2 24
$13.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AS
AS
TROW
TROW
Operating Cash FlowLast quarter
$114.3M
Free Cash FlowOCF − Capex
$92.2M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
6.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AS
AS
TROW
TROW
Q1 26
Q4 25
$-18.7M
Q3 25
$609.3M
Q2 25
$529.9M
Q1 25
$632.9M
Q4 24
$-281.9M
Q3 24
$652.5M
Q2 24
$677.7M
Free Cash Flow
AS
AS
TROW
TROW
Q1 26
Q4 25
$-85.4M
Q3 25
$546.0M
Q2 25
$467.7M
Q1 25
$550.9M
Q4 24
$-394.9M
Q3 24
$547.9M
Q2 24
$574.4M
FCF Margin
AS
AS
TROW
TROW
Q1 26
Q4 25
-4.4%
Q3 25
28.8%
Q2 25
27.1%
Q1 25
31.2%
Q4 24
-21.6%
Q3 24
30.7%
Q2 24
33.1%
Capex Intensity
AS
AS
TROW
TROW
Q1 26
Q4 25
3.4%
Q3 25
3.3%
Q2 25
3.6%
Q1 25
4.6%
Q4 24
6.2%
Q3 24
5.9%
Q2 24
6.0%
Cash Conversion
AS
AS
TROW
TROW
Q1 26
Q4 25
-0.04×
Q3 25
0.94×
Q2 25
1.05×
Q1 25
1.29×
Q4 24
-0.64×
Q3 24
1.08×
Q2 24
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AS
AS

Americas2$409.6M39%
EMEA1$356.9M34%
Greater China3$205.6M20%
Asia Pacific4$78.2M7%

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

Related Comparisons