T. Rowe Price Group, Inc. (TROW) — Financial statements
Income statement, balance sheet, and cash flow for T. Rowe Price Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,315↑3.1% | 7,094↑9.8% | 6,461↓0.4% | 6,488↓15.4% | 7,672 | |
| Cost of Revenue | 2,731↓19.9% | 3,410↑4.8% | 3,254↑11.4% | 2,922↓2.4% | 2,993 | |
| Gross Profit | 4,584↑24.4% | 3,684↑14.9% | 3,206↓10.1% | 3,566↓23.8% | 4,679 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,203↑104.4% | 1,078↑2.3% | 1,054↑8.3% | 973↑12.0% | 869 | |
| Selling & Marketing Expenses | 77↓40.4% | 130↑13.5% | 114↑17.4% | 97↓2.9% | 100 | |
| SG&A Expenses | 2,280↑88.8% | 1,208↑3.4% | 1,168↑9.2% | 1,070↑10.5% | 969 | |
| Other Expenses | 115↓19.6% | 143↑176.6% | 52↓57.6% | 122 | 0.00 | |
| Operating Expenses | 2,395↑77.3% | 1,351↑10.7% | 1,220↑2.3% | 1,192↑23.1% | 969 | |
| Total Costs & Expenses | 5,126↑7.7% | 4,760↑6.4% | 4,474↑8.7% | 4,115↑3.9% | 3,962 | |
| Operating Results | ||||||
| Operating Income | 2,189↓6.2% | 2,333↑17.5% | 1,986↓16.3% | 2,374↓36.0% | 3,710 | |
| Depreciation & Amortization | 432↓14.3% | 504↑4.7% | 482↓25.4% | 646↑215.3% | 205 | |
| EBITDA | 2,878↓3.4% | 2,981↑18.3% | 2,520↓19.8% | 3,142↓19.7% | 3,915 | |
| EBIT | 2,446↓1.2% | 2,477↑21.5% | 2,038↓18.3% | 2,496↓32.7% | 3,710 | |
| Interest & Other Income | ||||||
| Net Interest Income | 497↑737.4% | 59↑29.4% | 46↑198.1% | 15↓88.5% | 134 | |
| Interest Income | 497↑737.4% | 59↑29.4% | 46↑198.1% | 15↓88.5% | 134 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -257↓79.6% | -143↓176.6% | -52↑57.6% | -122 | 0.00 | |
| Other Income / Expenses | 687↑41.2% | 486↓3.5% | 504↑218.5% | -426↓249.5% | 285 | |
| Income Before Tax | 2,876↑2.0% | 2,820↑13.2% | 2,490↑27.8% | 1,948↓51.2% | 3,995 | |
| Income Tax Expense | 667↓2.4% | 684↑4.5% | 655↑31.3% | 499↓44.4% | 896 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,208↑3.4% | 2,136↑16.3% | 1,836↑26.6% | 1,450↓53.2% | 3,099 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,087↓0.6% | 2,100↑17.4% | 1,789↑14.8% | 1,558↓49.5% | 3,083 | |
| Bottom-Line Net Income | 2,048↑0.2% | 2,044↑17.2% | 1,744↑14.6% | 1,522↓49.3% | 3,002 | |
| EPS (Basic) | 9.26↑0.9% | 9.18↑18.0% | 7.78↑15.6% | 6.73↓49.2% | 13.25 | |
| EPS (Diluted) | 9.25↑1.1% | 9.15↑17.9% | 7.76↑15.8% | 6.70↓48.9% | 13.12 | |
| Weighted Average Shares | 224↑0.4% | 223↓0.6% | 224↓0.8% | 226↓0.3% | 227 | |
| Weighted Average Diluted Shares | 224↑0.2% | 223↓0.7% | 225↓1.0% | 227↓0.7% | 229 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.