T. Rowe Price Group, Inc. (TROW) Net Income
The trailing-twelve-month (TTM) net income for T. Rowe Price Group, Inc. (TROW) is $2.09 Billion with a year-over-year change of +3.87%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
TROW Annual Net Income
TROW Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
$2.09B
$2.09 Billion
Year-over-Year Change
+3.87%
vs. $2.02B a year ago (TTM)
Net Income CAGR
(5.50%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+3.87%
3 Year
+14.06%
5 Year
(5.50%)
10 Year
+5.58%
15 Year
+7.44%
20 Year
+7.95%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $2.09B | ($13.00M) | (0.62%) |
| 2024 | $2.10B | +$311.40M | +17.41% |
| 2023 | $1.79B | +$230.80M | +14.81% |
| 2022 | $1.56B | ($1.52B) | (49.47%) |
| 2021 | $3.08B | +$710.20M | +29.93% |
| 2020 | $2.37B | +$241.40M | +11.33% |
| 2019 | $2.13B | +$293.80M | +15.99% |
| 2018 | $1.84B | +$339.70M | +22.68% |
| 2017 | $1.50B | +$282.80M | +23.28% |
| 2016 | $1.22B | ($8.00M) | (0.65%) |
Net Income Growth Summary
TTM Growth
+3.87%
3-Year Avg Growth
+14.06%
5-Year Avg Growth
(5.50%)
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.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Robert W. Sharps