TROW
T. Rowe Price Group Inc
NASDAQ: TROW · FINANCIAL SERVICES · ASSET MANAGEMENT
$102.88
+2.40% today
Updated 2026-04-30
Market cap
$21.91B
P/E ratio
10.87
P/S ratio
3.00x
EPS (TTM)
$9.24
Dividend yield
5.04%
52W range
$85 – $114
Volume
2.4M
T. Rowe Price Group Inc (TROW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $2.23B | $2.12B | $1.87B | $2.37B | $2.75B | $3.02B | $3.48B | $3.98B | $4.20B | $4.22B | $4.79B | $5.37B | $5.62B | $6.21B | $7.67B | $6.49B | $6.46B | $7.09B | $7.31B |
| Revenue growth (YoY) | — | +22.8% | -5.0% | -11.8% | +26.8% | +16.0% | +10.0% | +15.3% | +14.3% | +5.5% | +0.5% | +13.5% | +12.1% | +4.6% | +10.5% | +23.6% | -15.4% | -0.4% | +9.8% | +3.1% |
| Cost of revenue | $206.40M | $225.90M | $101.80M | $102.40M | $109.10M | $189.60M | $1.14B | $1.27B | $1.47B | $1.60B | $1.64B | $1.81B | $2.25B | $928.40M | $939.70M | $2.38B | $2.32B | $2.67B | $3.41B | $2.73B |
| Gross profit | $1.61B | $2.00B | $2.01B | $1.76B | $2.26B | $2.56B | $1.88B | $2.21B | $2.51B | $2.61B | $2.59B | $2.98B | $3.13B | $4.69B | $5.27B | $5.29B | $4.17B | $3.79B | $3.68B | $4.58B |
| Gross margin | 88.6% | 89.9% | 95.2% | 94.5% | 95.4% | 93.1% | 62.2% | 63.4% | 63.0% | 62.0% | 61.3% | 62.2% | 58.2% | 83.5% | 84.9% | 68.9% | 64.2% | 58.6% | 51.9% | 62.7% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | $305.40M | $815.60M | $773.40M | $860.40M | $969.80M | $124.70M | $135.80M | $143.90M | $159.20M | $172.80M | $194.90M | $679.90M | $749.20M | $760.90M | $868.50M | $972.70M | $972.20M | $1.08B | $2.20B |
| Operating income | $786.90M | $996.40M | $848.50M | $701.60M | $1.04B | $1.23B | $1.36B | $1.64B | $1.89B | $1.90B | $1.73B | $2.11B | $2.36B | $1.66B | $2.06B | $3.71B | $2.37B | $1.99B | $2.33B | $2.19B |
| Operating margin | 43.4% | 44.7% | 40.1% | 37.6% | 43.8% | 44.7% | 45.1% | 47.0% | 47.5% | 45.2% | 41.0% | 44.0% | 44.0% | 29.6% | 33.2% | 48.4% | 36.6% | 30.7% | 32.9% | 29.9% |
| EBITDA | $833.40M | $1.05B | $910.20M | $766.80M | $1.10B | $1.30B | $1.45B | $1.73B | $2.00B | $2.03B | $1.87B | $2.25B | $2.52B | $1.85B | $2.25B | $3.91B | $2.71B | $2.24B | $2.98B | $2.88B |
| EBITDA margin | 45.9% | 47.1% | 43.0% | 41.1% | 46.4% | 47.3% | 47.8% | 49.6% | 50.3% | 48.2% | 44.2% | 47.0% | 46.9% | 33.0% | 36.2% | 51.0% | 41.7% | 34.7% | 42.0% | 39.3% |
| EBIT | $786.90M | $996.40M | $848.50M | $701.60M | $1.04B | $1.23B | $1.36B | $1.64B | $1.89B | $1.90B | $1.73B | $2.11B | $2.36B | $1.66B | $2.06B | $3.71B | $2.37B | $1.99B | $2.48B | $2.45B |
| Interest expense | $3.60M | $4.30M | $5.00M | $4.50M | $3.50M | $23.70M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15B | $1.03B | $764.30M | $317.20M | $4.19B | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $529.60M | $670.60M | $490.80M | $433.60M | $672.20M | $773.20M | $883.60M | $1.05B | $1.23B | $1.22B | $1.22B | $1.50B | $1.84B | $2.13B | $2.37B | $3.08B | $1.56B | $1.75B | $2.10B | $2.09B |
| Net income growth (YoY) | — | +26.6% | -26.8% | -11.7% | +55.0% | +15.0% | +14.3% | +18.6% | +17.4% | -0.5% | -0.7% | +23.3% | +22.7% | +16.0% | +11.3% | +29.9% | -49.5% | +12.3% | +20.0% | -0.6% |
| Profit margin | 29.2% | 30.1% | 23.2% | 23.2% | 28.4% | 28.1% | 29.2% | 30.1% | 30.9% | 29.1% | 28.8% | 31.2% | 34.2% | 37.9% | 38.2% | 40.2% | 24.0% | 27.1% | 29.6% | 28.5% |