PRICE T ROWE GROUP INC TROW
T. Rowe Price Group, Inc. (T. Rowe Price Group, T. Rowe Price, the firm, we, us, or our) is a financial services holding company that provides global investment advisory services through its subsidiaries to investors worldwide. We identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, multi-asset, and alternatives capabilities to individuals, advisors, institutions, and retirement plan sponsors. We also provide certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting, and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services; and other advisory services. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership, so our clients can feel more confident.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.31B | $7.09B | $6.46B | $6.49B | $7.67B | $6.21B | $5.62B | $5.37B | $4.85B | $4.28B |
| Total operating expenses | $5.13B | $4.76B | $4.47B | $4.11B | $3.96B | $3.46B | $3.23B | $3.01B | $2.75B | $2.55B |
| Operating income | $2.19B | $2.33B | $1.99B | $2.37B | $3.71B | $2.75B | $2.39B | $2.36B | $2.11B | $1.73B |
| Pre-tax income | $2.88B | $2.82B | $2.49B | $1.95B | $3.99B | $3.24B | $2.93B | $2.38B | $2.51B | $1.96B |
| Income tax | $667.2M | $683.8M | $654.6M | $498.6M | $896.1M | $718.9M | $678.4M | $615.9M | $923.9M | $706.5M |
| Net income | $2.09B | $2.10B | $1.79B | $1.56B | $3.08B | $2.37B | $2.13B | $1.84B | $1.50B | $1.22B |
| EPS, basic | 9.26 | 9.18 | 7.78 | 6.73 | 13.25 | 10.08 | 8.82 | 7.41 | 6.07 | 4.85 |
| EPS, diluted | 9.24 | 9.15 | 7.76 | 6.70 | 13.12 | 9.98 | 8.70 | 7.27 | 5.97 | 4.75 |
| Shares, diluted (wtd. avg.) | 220.3M | 223.3M | 224.8M | 227.1M | 228.8M | 231.2M | 238.6M | 246.9M | 245.1M | 250.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $3.38B | $2.65B | $2.14B | $1.87B | $1.62B | $2.26B | $1.86B | $1.50B | $2.01B | $1.27B |
| Property, plant and equipment | $845.3M | $977.0M | $806.6M | $755.7M | $736.2M | $695.4M | $674.4M | $661.3M | $652.0M | $615.1M |
| Goodwill | $2.64B | $2.64B | $2.64B | $2.64B | $2.69B | $665.7M | $665.7M | $665.7M | $665.7M | $665.7M |
| Other intangibles | $274.2M | $368.1M | $507.3M | $629.8M | $913.4M | $0 | — | — | — | — |
| Total assets | $14.34B | $13.47B | $12.28B | $11.64B | $12.51B | $10.66B | $9.33B | $7.69B | $7.54B | $6.22B |
| Total liabilities | $2.29B | $2.02B | $1.99B | $1.96B | $2.26B | $1.39B | $1.11B | $824.7M | $718.2M | $529.2M |
| Total equity | $10.86B | $10.35B | $9.70B | $9.03B | $9.27B | $7.71B | $7.10B | $6.12B | $5.82B | $5.01B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.75B | $1.69B | $1.22B | $2.36B | $3.45B | $1.92B | $1.52B | $1.62B | $229.5M | $170.5M |
| Stock-based compensation | $216.9M | $247.3M | $265.6M | $285.4M | $274.6M | $246.2M | $206.6M | $197.1M | $152.0M | $161.6M |
| Capital expenditure | $274.2M | $423.4M | $307.9M | $237.6M | $239.1M | $214.6M | $204.6M | $168.5M | $186.1M | $148.3M |
| Investing cash flow | $230.3M | -$177.5M | $128.2M | -$41.5M | -$1.10B | -$36.3M | -$324.5M | -$875.5M | $39.0M | $106.2M |
| Financing cash flow | -$1.28B | -$936.6M | -$1.08B | -$2.08B | -$2.99B | -$1.49B | -$832.7M | -$1.24B | $461.5M | -$176.4M |
| Dividends paid | $1.14B | $1.14B | $1.12B | $1.11B | $1.70B | $845.8M | $733.9M | $694.3M | $563.1M | $540.8M |
| Buybacks | $620.9M | $337.2M | $254.4M | $849.8M | $1.14B | $1.20B | $705.8M | $1.09B | $458.1M | $676.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-008002.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.28B | $4.85B | $5.37B | $5.62B | $6.21B | $7.67B | $6.49B | $6.46B | $7.09B | $7.31B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.22B | $1.50B | $1.84B | $2.13B | $2.37B | $3.08B | $1.56B | $1.79B | $2.10B | $2.09B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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