PRICE T ROWE GROUP INC (TROW) reported revenue of $7.31B and net income of $2.09B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PRICE T ROWE GROUP INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Investment Advice.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.31B | $7.09B | $6.46B | $6.49B | $7.67B | $6.21B | $5.62B | $5.37B | $4.85B | $4.28B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $2.19B | $2.33B | $1.99B | $2.37B | $3.71B | $2.75B | $2.39B | $2.36B | $2.11B | $1.73B |
| Net income | $2.09B | $2.10B | $1.79B | $1.56B | $3.08B | $2.37B | $2.13B | $1.84B | $1.50B | $1.22B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 220.30M | shares 223.30M | shares 224.80M | shares 227.10M | shares 228.80M | shares 231.20M | shares 238.60M | shares 246.90M | shares 245.10M | shares 250.30M |
| Pretax income | $2.88B | $2.82B | $2.49B | $1.95B | $3.99B | $3.24B | $2.93B | $2.38B | $2.51B | $1.96B |
| Income tax expense | $667.20M | $683.80M | $654.60M | $498.60M | $896.10M | $718.90M | $678.40M | $615.90M | $923.90M | $706.50M |
| Diluted EPS | $9.24 | $9.15 | $7.76 | $6.70 | $13.12 | $9.98 | $8.70 | $7.27 | $5.97 | $4.75 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $3.38B | $2.65B | $2.07B | $1.76B | $1.52B | $2.15B | $1.78B | $1.43B | $1.90B | $1.20B |
| Total assets | $14.34B | $13.47B | $12.28B | $11.64B | $12.51B | $10.66B | $9.33B | $7.69B | $7.54B | $6.22B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $2.29B | $2.02B | $1.99B | $1.96B | $2.26B | $1.39B | $1.11B | $824.70M | $718.20M | $529.20M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $11.02B | $10.51B | $9.70B | $9.03B | $9.27B | $7.71B | $7.10B | $6.12B | $5.82B | $5.01B |
| Temporary (mezzanine) equity | $1.04B | $944.00M | $594.10M | $656.70M | $982.30M | $1.56B | $1.12B | $740.30M | $992.80M | $687.20M |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $931.20M | $877.40M | $807.90M | $748.70M | $1.06B | $863.10M | $646.60M | $549.60M | $565.30M | $455.10M |
| Goodwill | $2.64B | $2.64B | $2.64B | $2.64B | $2.69B | $665.70M | $665.70M | $665.70M | $665.70M | $665.70M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Stock-based compensation | $216.90M | $247.30M | $265.60M | $285.40M | $274.60M | $246.20M | $206.60M | $197.10M | $152.00M | $161.60M |
| Common dividends paid | $1.14B | $1.14B | $1.12B | $1.11B | $1.70B | $845.80M | $733.90M | $694.30M | $563.10M | $540.80M |
| Common share repurchases | $620.90M | $337.20M | $254.40M | $849.80M | $1.14B | $1.20B | $705.80M | $1.09B | $458.10M | $676.90M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $1.48B | $1.26B | $911.20M | $2.12B | $3.21B | $1.70B | $1.32B | $1.45B | $43.40M | $22.20M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 29.9% | 32.9% | 30.7% | 36.6% | 48.4% | 44.2% | 42.5% | 44.0% | 43.4% | 40.5% |
| FCF margin | 20.2% | 17.8% | 14.1% | 32.7% | 41.9% | 27.5% | 23.5% | 27.0% | 0.9% | 0.5% |
| SBC / revenue | 3.0% | 3.5% | 4.1% | 4.4% | 3.6% | 4.0% | 3.7% | 3.7% | 3.1% | 3.8% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 3.1% | 9.8% | -0.4% | -15.4% | 23.6% | 10.5% | 4.6% | 10.7% | 13.3% | Unavailable |
| Net margin | 28.5% | 29.6% | 27.7% | 24.0% | 40.2% | 38.2% | 37.9% | 34.2% | 30.9% | 28.4% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 3.7% | 6.0% | 4.8% | 3.7% | 3.1% | 3.5% | 3.6% | 3.1% | 3.8% | 3.5% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.2% | 24.3% | 26.3% | 25.6% | 22.4% | 22.2% | 23.2% | 25.8% | 36.9% | 36.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TROW in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.