T. Rowe Price Group (TROW) Financials: History & Chart

T. Rowe Price Group, Inc. (TROW)TROWT. Rowe Price Group, Inc.

About T. Rowe Price Group, Inc.

T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.

Baltimore, MD

7,773 employees

www.troweprice.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Robert W. Sharps

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	7.59B	1.91B	1.86B	1.93B	1.89B	1.72B	1.76B	1.82B	1.79B
Cost of Goods Sold	2.22B	823.40M	403.60M	105.00M	888.80M	895.00M	841.90M	876.90M	844.90M
Gross Profit	5.37B	1.08B	1.45B	1.83B	1.00B	828.30M	922.00M	947.60M	940.70M
Gross Profit Margin	70.7%	56.8%	78.3%	94.6%	53.1%	48.1%	52.3%	51.9%	52.7%
Total Operating Expenses	3.07B	543.50M	810.00M	1.36B	361.50M	350.00M	325.70M	379.20M	327.10M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	2.46B	543.50M	249.20M	1.36B	306.20M	318.80M	297.00M	347.80M	289.00M
Operating Income (EBIT)	2.30B	540.50M	643.40M	471.00M	643.20M	478.30M	596.30M	568.40M	613.60M
Operating Margin	30.3%	28.3%	34.6%	24.4%	34.0%	27.8%	33.8%	31.2%	34.4%
Income Before Tax (EBT)	3.04B	909.60M	632.20M	613.10M	881.60M	713.80M	667.00M	573.00M	826.10M
Interest Income	382.10M	N/A	5.60M	142.70M	233.80M	244.50M	19.10M	11.80M	13.40M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	738.40M	369.10M	-11.20M	142.10M	238.40M	235.50M	70.70M	4.60M	212.50M
Net Income	2.22B	632.00M	498.20M	445.30M	646.10M	505.20M	490.50M	439.90M	603.00M
Income Tax Expense	709.90M	214.20M	148.10M	152.50M	195.10M	157.70M	161.90M	156.30M	185.70M
Net Profit Margin	29.3%	33.1%	26.8%	23.0%	34.1%	29.3%	27.8%	24.1%	33.8%
EBITDA	2.69B	677.40M	712.20M	533.50M	763.40M	664.00M	659.90M	884.20M	589.70M
EBITDA Margin	35.4%	35.5%	38.4%	27.6%	40.3%	38.5%	37.4%	48.5%	33.0%
Depreciation & Amortization	388.40M	136.90M	68.80M	62.50M	120.20M	185.70M	63.60M	315.80M	-62.00M
EPS Basic	9.98	2.88	2.23	1.99	2.88	2.24	2.15	1.93	2.64
EPS Diluted	9.97	2.88	2.23	1.99	2.87	2.24	2.15	1.92	2.64
Shares Outstanding	214.00M	214.00M	223.41M	223.77M	219.40M	220.20M	222.30M	222.40M	222.30M
Diluted Shares Outstanding	214.20M	214.20M	223.41M	223.77M	219.70M	220.40M	222.60M	222.80M	222.80M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	7.31B	7.09B	6.46B	6.49B	7.67B	6.21B	5.62B	5.37B
Cost of Goods Sold	2.73B	3.41B	3.25B	2.92B	2.99B	2.62B	2.38B	2.25B
Gross Profit	4.58B	3.68B	3.21B	3.57B	4.68B	3.59B	3.23B	3.13B
Gross Profit Margin	62.7%	51.9%	49.6%	55.0%	61.0%	57.8%	57.5%	58.2%
Total Operating Expenses	2.40B	1.35B	1.22B	1.19B	968.70M	844.60M	846.00M	764.30M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	2.28B	1.21B	1.17B	1.07B	968.70M	844.60M	846.00M	779.50M
Operating Income (EBIT)	2.19B	2.33B	1.99B	2.37B	3.71B	2.75B	2.39B	2.36B
Operating Margin	29.9%	32.9%	30.7%	36.6%	48.4%	44.2%	42.5%	44.0%
Income Before Tax (EBT)	2.88B	2.82B	2.49B	1.95B	3.99B	3.24B	2.93B	2.38B
Interest Income	497.40M	59.40M	45.90M	15.40M	133.90M	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	686.70M	486.30M	504.10M	-425.50M	284.60M	496.50M	540.30M	23.20M
Net Income	2.09B	2.10B	1.79B	1.56B	3.08B	2.37B	2.13B	1.84B
Income Tax Expense	667.20M	683.80M	654.60M	498.60M	896.10M	718.90M	678.40M	615.90M
Net Profit Margin	28.5%	29.6%	27.7%	24.0%	40.2%	38.2%	37.9%	34.2%
EBITDA	2.62B	2.84B	2.47B	3.02B	3.91B	2.94B	2.58B	2.52B
EBITDA Margin	35.8%	40.0%	38.2%	46.5%	51.0%	47.3%	45.9%	46.9%
Depreciation & Amortization	432.00M	504.20M	481.60M	645.80M	204.80M	189.60M	190.80M	159.50M
EPS Basic	9.26	9.18	7.78	6.73	13.25	10.08	8.82	7.41
EPS Diluted	9.25	9.15	7.76	6.70	13.12	9.98	8.70	7.27
Shares Outstanding	223.77M	222.80M	224.10M	226.00M	226.60M	228.80M	235.40M	242.20M
Diluted Shares Outstanding	223.77M	223.30M	224.80M	227.10M	228.80M	231.20M	238.60M	246.90M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.