T. Rowe Price Group Financial Statements
NASDAQ: TROWFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
T. Rowe Price Group revenue and earnings
In fiscal 2025, T. Rowe Price Group generated $7.31 billion in revenue, up 3.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $2.09 billion (-0.6% year over year), for a net margin of 28.5% versus a median of 29.6% in the prior 5 years. Operating margin was 29.9%.
Diluted earnings per share came in at $9.24, up from $9.15. Over the last 5 fiscal years, TROW's revenue has grown at a 3.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
T. Rowe Price Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.31B | 7.09B | 6.46B | 6.49B | 7.67B | 6.21B | 5.62B | 5.37B | 4.85B | 4.28B |
| Revenue growth (YoY) | +3.12% | +9.80% | -0.43% | -15.43% | +23.61% | +10.48% | +4.57% | +10.66% | +13.31% | +2.00% |
| 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 |
| Other Income (Expense) | 686.70M | 486.30M | 504.10M | -425.50M | 284.60M | 496.50M | 540.30M | 23.20M | 396.30M | 227.10M |
| Pretax Income | 2.88B | 2.82B | 2.49B | 1.95B | 3.99B | 3.24B | 2.93B | 2.38B | 2.51B | 1.96B |
| Income Tax | 667.20M | 683.80M | 654.60M | 498.60M | 896.10M | 718.90M | 678.40M | 615.90M | 923.90M | 706.50M |
| Net Income | 2.09B | 2.10B | 1.79B | 1.56B | 3.08B | 2.37B | 2.13B | 1.84B | 1.50B | 1.22B |
| Net Income growth (YoY) | -0.62% | +17.41% | +14.81% | -49.47% | +29.93% | +11.33% | +15.99% | +22.68% | +23.28% | -0.65% |
| 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 Outstanding (Basic) | 220.00M | 222.80M | 224.10M | 226.00M | 226.60M | 228.80M | 235.40M | 242.20M | 241.20M | 245.50M |
| Shares Outstanding (Diluted) | 220.30M | 223.30M | 224.80M | 227.10M | 228.80M | 231.20M | 238.60M | 246.90M | 245.10M | 250.30M |
| Operating Margin | 29.92% | 32.89% | 30.74% | 36.58% | 48.36% | 44.24% | 42.49% | 43.95% | 43.44% | 40.45% |
| Net Margin | 28.53% | 29.61% | 27.69% | 24.01% | 40.18% | 38.23% | 37.94% | 34.20% | 30.85% | 28.36% |
This table shows 10 annual periods of T. Rowe Price Group's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow TROW's reporting calendar. What is a income statement?