T. Rowe Price Group Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
T. Rowe Price Group free cash flow
In fiscal 2025, T. Rowe Price Group generated $1.75 billion of operating cash flow and spent $274.2 million on capital expenditures. That left free cash flow of $1.48 billion, a free-cash-flow margin of 20.2% of revenue. Free cash flow was up 17.2% from the prior year's $1.26 billion.
T. Rowe Price Group returned $1.76 billion to shareholders: $1.14 billion in dividends and $620.9 million in share repurchases, equal to 119% of free cash flow. Free cash flow covered dividend payments 1.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
T. Rowe Price Group cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.21B | 2.14B | 1.84B | 1.45B | 3.10B | 2.52B | 2.25B | 1.77B | 1.58B | 1.25B |
| Net Income growth (YoY) | +3.39% | +16.35% | +26.63% | -53.22% | +22.80% | +12.20% | +27.15% | +11.86% | +26.09% | +2.53% |
| Stock-Based Compensation | 216.90M | 247.30M | 265.60M | 285.40M | 274.60M | 246.20M | 206.60M | 197.10M | 152.00M | 161.60M |
| Change in Working Capital | — | — | — | — | — | — | — | 124.00M | 221.80M | 3.40M |
| Operating Cash Flow | 1.75B | 1.69B | 1.22B | 2.36B | 3.45B | 1.92B | 1.52B | 1.62B | 229.50M | 170.50M |
| Capital Expenditures | -274.20M | -423.40M | -307.90M | -237.60M | -239.10M | -214.60M | -204.60M | -168.50M | -186.10M | -148.30M |
| Investing Cash Flow | 230.30M | -177.50M | 128.20M | -41.50M | -1.10B | -36.30M | -324.50M | -875.50M | 39.00M | 106.20M |
| Dividends Paid | -1.14B | -1.14B | -1.12B | -1.11B | -1.70B | -845.80M | -733.90M | -694.30M | -563.10M | -540.80M |
| Share Repurchases | -620.90M | -337.20M | -254.40M | -849.80M | -1.14B | -1.20B | -705.80M | -1.09B | -458.10M | -676.90M |
| Financing Cash Flow | -1.28B | -936.60M | -1.08B | -2.08B | -2.99B | -1.49B | -832.70M | -1.24B | 461.50M | -176.40M |
| Net Change in Cash | 704.40M | 569.10M | 269.10M | 250.50M | -632.30M | 398.20M | 363.00M | -510.50M | 735.30M | 98.20M |
| Free Cash Flow | 1.48B | 1.26B | 911.20M | 2.12B | 3.21B | 1.70B | 1.32B | 1.45B | 43.40M | 22.20M |
This table shows 10 annual periods of T. Rowe Price Group's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, stock-based compensation, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow TROW's reporting calendar. What is a cash flow statement?