T. Rowe Price Spectrum Conservative Allocation Fund I Class PPIPX NASDAQ

T. Rowe Price Spectrum Conservative Allocation Fund I Class (PPIPX) generated $38.31B in operating cash flow for fiscal year 2023. After capital expenditures of $17.85B, free cash flow was $20.46B.

Free cash flow margin was 16.7% of revenue. Cash conversion ratio was 2.66x, indicating earnings are backed by cash.

The company returned $8.14B in dividends and $194M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (82/100, Pass) — $20.46B (16.7% FCF margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 2.66x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 61/100 with 2/7 criteria passed.