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Side-by-side financial comparison of GLOBALFOUNDRIES Inc. (GFS) 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 $1.7B, roughly 1.1× GLOBALFOUNDRIES Inc.). T. Rowe Price runs the higher net margin — 23.0% vs 14.8%, a 8.3% gap on every dollar of revenue. On growth, T. Rowe Price posted the faster year-over-year revenue change (6.0% vs -2.9%). Over the past eight quarters, T. Rowe Price's revenue compounded faster (5.1% CAGR vs -4.3%).

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

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.

GFS vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.1× larger
TROW
$1.9B
$1.7B
GFS
Growing faster (revenue YoY)
TROW
TROW
+8.9% gap
TROW
6.0%
-2.9%
GFS
Higher net margin
TROW
TROW
8.3% more per $
TROW
23.0%
14.8%
GFS
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
5.1%
-4.3%
GFS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GFS
GFS
TROW
TROW
Revenue
$1.7B
$1.9B
Net Profit
$249.0M
$445.3M
Gross Margin
24.8%
Operating Margin
11.6%
24.4%
Net Margin
14.8%
23.0%
Revenue YoY
-2.9%
6.0%
Net Profit YoY
39.9%
1.2%
EPS (diluted)
$0.44
$1.98

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
GFS
GFS
TROW
TROW
Q4 25
$1.9B
Q3 25
$1.7B
$1.9B
Q2 25
$1.7B
$1.7B
Q1 25
$1.6B
$1.8B
Q4 24
$1.8B
Q3 24
$1.7B
$1.8B
Q2 24
$1.6B
$1.7B
Q1 24
$1.5B
$1.8B
Net Profit
GFS
GFS
TROW
TROW
Q4 25
$445.3M
Q3 25
$249.0M
$646.1M
Q2 25
$228.0M
$505.2M
Q1 25
$211.0M
$490.5M
Q4 24
$439.9M
Q3 24
$178.0M
$603.0M
Q2 24
$155.0M
$483.4M
Q1 24
$134.0M
$573.8M
Gross Margin
GFS
GFS
TROW
TROW
Q4 25
Q3 25
24.8%
Q2 25
24.2%
Q1 25
22.4%
Q4 24
Q3 24
23.8%
Q2 24
24.2%
Q1 24
25.4%
Operating Margin
GFS
GFS
TROW
TROW
Q4 25
24.4%
Q3 25
11.6%
34.0%
Q2 25
11.6%
27.8%
Q1 25
9.5%
33.8%
Q4 24
31.2%
Q3 24
10.6%
34.4%
Q2 24
9.5%
32.6%
Q1 24
9.5%
33.5%
Net Margin
GFS
GFS
TROW
TROW
Q4 25
23.0%
Q3 25
14.8%
34.1%
Q2 25
13.5%
29.3%
Q1 25
13.3%
27.8%
Q4 24
24.1%
Q3 24
10.2%
33.8%
Q2 24
9.5%
27.9%
Q1 24
8.7%
32.8%
EPS (diluted)
GFS
GFS
TROW
TROW
Q4 25
$1.98
Q3 25
$0.44
$2.87
Q2 25
$0.41
$2.24
Q1 25
$0.38
$2.15
Q4 24
$1.91
Q3 24
$0.32
$2.64
Q2 24
$0.28
$2.11
Q1 24
$0.24
$2.49

Balance Sheet & Financial Strength

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

Metric
GFS
GFS
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$2.0B
$3.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$11.8B
$10.9B
Total Assets
$16.7B
$14.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFS
GFS
TROW
TROW
Q4 25
$3.4B
Q3 25
$2.0B
$3.6B
Q2 25
$1.8B
$3.1B
Q1 25
$1.6B
$2.8B
Q4 24
$2.6B
Q3 24
$2.3B
$3.2B
Q2 24
$2.2B
$2.7B
Q1 24
$2.2B
$2.4B
Stockholders' Equity
GFS
GFS
TROW
TROW
Q4 25
$10.9B
Q3 25
$11.8B
$10.8B
Q2 25
$11.5B
$10.6B
Q1 25
$11.1B
$10.4B
Q4 24
$10.3B
Q3 24
$11.6B
$10.2B
Q2 24
$11.3B
$9.9B
Q1 24
$11.3B
$9.8B
Total Assets
GFS
GFS
TROW
TROW
Q4 25
$14.3B
Q3 25
$16.7B
$14.7B
Q2 25
$16.8B
$14.3B
Q1 25
$16.5B
$14.0B
Q4 24
$13.5B
Q3 24
$18.1B
$13.7B
Q2 24
$13.1B
Q1 24
$12.9B

Cash Flow & Capital Efficiency

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

Metric
GFS
GFS
TROW
TROW
Operating Cash FlowLast quarter
$595.0M
$-18.7M
Free Cash FlowOCF − Capex
$-85.4M
FCF MarginFCF / Revenue
-4.4%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
2.39×
-0.04×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFS
GFS
TROW
TROW
Q4 25
$-18.7M
Q3 25
$595.0M
$609.3M
Q2 25
$431.0M
$529.9M
Q1 25
$331.0M
$632.9M
Q4 24
$-281.9M
Q3 24
$375.0M
$652.5M
Q2 24
$402.0M
$677.7M
Q1 24
$488.0M
$637.3M
Free Cash Flow
GFS
GFS
TROW
TROW
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
Q1 24
$534.8M
FCF Margin
GFS
GFS
TROW
TROW
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%
Q1 24
30.6%
Capex Intensity
GFS
GFS
TROW
TROW
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%
Q1 24
5.9%
Cash Conversion
GFS
GFS
TROW
TROW
Q4 25
-0.04×
Q3 25
2.39×
0.94×
Q2 25
1.89×
1.05×
Q1 25
1.57×
1.29×
Q4 24
-0.64×
Q3 24
2.11×
1.08×
Q2 24
2.59×
1.40×
Q1 24
3.64×
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GFS
GFS

Smart Mobile Devices$752.0M45%
Automotive$306.0M18%
Home And Industrial Io T$258.0M15%
Goods Or Services Transferred Over Time$198.0M12%
Communications Infrastructure Datacenter$175.0M10%

TROW
TROW

Asset Management1$1.7B90%
Administrative Distribution Servicing And Other Fee Revenue$141.5M7%
Other$40.8M2%
Performance Based Advisory Fees$14.2M1%

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