TROW
Income statement / Annual
Last year (2023), T. Rowe Price Group, Inc.'s total revenue was $6.46 B,
a decrease of 0.43% from the previous year.
In 2023, T. Rowe Price Group, Inc.'s net income was $1.79 B.
See T. Rowe Price Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$6.46 B
|
$6.49 B
|
$7.67 B
|
$6.21 B
|
$5.62 B
|
$5.37 B
|
$4.79 B
|
$4.22 B
|
$4.20 B
|
$3.98 B
|
Cost of Revenue |
$3.25 B |
$1.35 B |
$1.20 B |
$939.70 M |
$928.40 M |
$2.25 B |
$1.81 B |
$1.64 B |
$1.60 B |
$1.47 B |
Gross Profit |
$3.21 B |
$5.14 B |
$6.47 B |
$5.27 B |
$4.69 B |
$3.13 B |
$2.98 B |
$2.59 B |
$2.61 B |
$2.51 B |
Gross Profit Ratio |
0.5 |
0.79 |
0.84 |
0.85 |
0.83 |
0.58 |
0.62 |
0.61 |
0.62 |
0.63 |
Research and Development
Expenses |
$0.00
|
$0.30
|
$0.52
|
$0.52
|
$0.52
|
$0.44
|
$0.50
|
$0.46
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$1.05 B
|
$972.70 M
|
$868.50 M
|
$760.90 M
|
$749.20 M
|
$679.90 M
|
$194.90 M
|
$172.80 M
|
$159.20 M
|
$143.90 M
|
Selling & Marketing
Expenses |
$114.20 M
|
$97.30 M
|
$100.20 M
|
$83.70 M
|
$96.80 M
|
$99.60 M
|
$92.00 M
|
$79.90 M
|
$79.70 M
|
$76.00 M
|
Selling, General &
Administrative Expenses |
$1.17 B
|
$1.07 B
|
$968.70 M
|
$844.60 M
|
$846.00 M
|
$779.50 M
|
$286.90 M
|
$252.70 M
|
$238.90 M
|
$219.90 M
|
Other Expenses |
$0.00 |
-$17.30 M |
-$5.90 M |
-$2.00 M |
$7.00 M |
-$3.10 M |
$4.10 M |
-$2.00 M |
$467.70 M |
$398.10 M |
Operating Expenses |
$1.22 B |
$2.94 B |
$2.64 B |
$2.33 B |
$2.13 B |
$2.18 B |
$1.92 B |
$1.75 B |
$1.68 B |
$618.00 M |
Cost And Expenses |
$4.47 B |
$4.29 B |
$3.84 B |
$3.27 B |
$3.06 B |
$3.07 B |
$2.75 B |
$2.42 B |
$2.30 B |
$2.09 B |
Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest Expense |
$4.19 B |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Depreciation &
Amortization |
$481.60 M
|
$645.80 M
|
$204.80 M
|
$189.60 M
|
$190.80 M
|
$159.50 M
|
$143.60 M
|
$133.40 M
|
$126.30 M
|
$111.70 M
|
EBITDA |
$2.39 B
|
$3.14 B
|
$3.91 B
|
$2.94 B
|
$2.58 B
|
$2.51 B
|
$2.20 B
|
$1.93 B
|
$2.03 B
|
$2.00 B
|
EBITDA Ratio |
0.37 |
0.47 |
0.45 |
0.36 |
0.33 |
0.43 |
0.37 |
0.42 |
0.46 |
0.47 |
Operating Income Ratio
|
0.31
|
0.37
|
0.48
|
0.44
|
0.42
|
0.44
|
0.43
|
0.4
|
0.45
|
0.47
|
Total Other
Income/Expenses Net |
$504.10 M
|
-$425.50 M
|
$284.60 M
|
$496.50 M
|
$540.30 M
|
$23.20 M
|
$396.30 M
|
$227.10 M
|
$103.50 M
|
$112.20 M
|
Income Before Tax |
$2.49 B |
$1.95 B |
$3.99 B |
$3.24 B |
$2.93 B |
$2.38 B |
$2.51 B |
$1.96 B |
$2.00 B |
$2.00 B |
Income Before Tax Ratio
|
0.39
|
0.3
|
0.52
|
0.52
|
0.52
|
0.44
|
0.52
|
0.46
|
0.48
|
0.5
|
Income Tax Expense |
$654.60 M |
$498.60 M |
$896.10 M |
$718.90 M |
$678.40 M |
$615.90 M |
$923.90 M |
$706.50 M |
$779.40 M |
$773.50 M |
Net Income |
$1.79 B |
$1.56 B |
$3.08 B |
$2.37 B |
$2.13 B |
$1.84 B |
$1.50 B |
$1.22 B |
$1.22 B |
$1.23 B |
Net Income Ratio |
0.28 |
0.24 |
0.4 |
0.38 |
0.38 |
0.34 |
0.31 |
0.29 |
0.29 |
0.31 |
EPS |
7.78 |
6.73 |
13.25 |
10.08 |
8.82 |
7.41 |
6.07 |
4.85 |
4.74 |
4.68 |
EPS Diluted |
7.76 |
6.7 |
13.12 |
9.98 |
8.7 |
7.27 |
5.97 |
4.75 |
4.63 |
4.55 |
Weighted Average Shares
Out |
$224.10 M
|
$226.00 M
|
$226.60 M
|
$228.80 M
|
$235.40 M
|
$242.20 M
|
$241.20 M
|
$245.50 M
|
$254.60 M
|
$259.60 M
|
Weighted Average Shares
Out Diluted |
$224.80 M
|
$227.10 M
|
$228.80 M
|
$231.20 M
|
$238.60 M
|
$246.90 M
|
$245.10 M
|
$250.30 M
|
$260.90 M
|
$267.40 M
|
Link |
|
|
|
|
|
|
|
|
|
|