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T. Rowe Price Group TROW
$ 88.74 1.55%

Annual report 2025
added 02-13-2026

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T. Rowe Price Group Income Statement 2011-2026 | TROW

Annual Income Statement T. Rowe Price Group

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

20.5 B 23.9 B 24.3 B 27.6 B 44.6 B 33.5 B 32.1 B 21.6 B 27.1 B 16.7 B 18.1 B 20.4 B 20.5 B 18 B 14.9 B

Shares

220 M 223 M 224 M 226 M 227 M 229 M 235 M 242 M 241 M 246 M 255 M 260 M 258 M 253 M 256 M

Historical Prices

93.2 107 109 122 197 146 114 84.2 93.4 65.1 60 68.5 65.4 49.1 42

Net Income

2.09 B 2.1 B 1.79 B 1.56 B 3.08 B 2.37 B 2.13 B 1.84 B 1.5 B 1.22 B 1.22 B 1.23 B 1.05 B 884 M 773 M

Revenue

7.31 B 7.09 B 6.46 B 6.49 B 7.67 B 6.21 B 5.62 B 5.37 B 4.79 B 4.22 B 4.2 B 3.98 B 3.48 B 3.02 B 2.75 B

Cost of Revenue

2.87 B 2.76 B 2.67 B 2.32 B 2.38 B 2.18 B 1.97 B 1.81 B 1.66 B 1.49 B 1.44 B 1.33 B 1.16 B 1.05 B 970 M

Gross Profit

- - - - - - 3.23 B 3.13 B 2.98 B 2.59 B 2.61 B 2.51 B 2.21 B 1.88 B 2.56 B

Operating Income

2.19 B 2.33 B 1.99 B 2.37 B 3.71 B 2.75 B 2.39 B 2.36 B 2.11 B 1.73 B 1.9 B 1.89 B 1.64 B 1.36 B 1.23 B

Interest Expense

1.9 M -7.2 M -15.7 M -17.3 M -5.9 M -2 M 7 M -3.1 M 4.1 M -2 M -3.3 M -2.5 M 700 K 1.8 M 2.3 M

EBITDA

2.19 B 2.33 B 1.99 B 2.37 B 3.71 B 2.75 B 2.58 B 2.51 B 2.2 B 1.93 B 2.03 B 2 B 1.73 B 1.45 B 1.3 B

Operating Expenses

5.13 B 4.76 B 4.47 B 4.11 B 3.96 B 3.46 B 846 M 780 M 922 M 788 M 707 M 618 M 573 M 514 M 1.33 B

General and Administrative Expenses

442 M 434 M 421 M 412 M 384 M 316 M 749 M 680 M 195 M 173 M 159 M 144 M 136 M 125 M 970 M

All numbers in USD currency

Quarterly Income Statement T. Rowe Price Group

2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

219 M 220 M 222 M 222 M 223 M 224 M 224 M 224 M 224 M - 225 M 227 M 228 M - 227 M 227 M 228 M - 227 M 227 M 234 M 235 M 235 M 236 M 237 M 238 M 243 M 242 M 244 M 245 M 240 M 240 M 242 M 245 M 246 M 247 M 247 M 250 M 253 M 258 M 259 M 261 M 260 M 261 M 260 M 262 M 259 M 258 M 257 M 257 M 253 M 253 M 253 M 253 M 254 M 258 M 259 M

Net Income

646 M 505 M 490 M 603 M 483 M 574 M 453 M 476 M 422 M - 384 M 340 M 568 M - 777 M 816 M 749 M 783 M 643 M 603 M 343 M 545 M 546 M 528 M 513 M 352 M 583 M 449 M 454 M 347 M 391 M 374 M 386 M 380 M 328 M 203 M 304 M 303 M 277 M 333 M 310 M 316 M 304 M 306 M 304 M 288 M 270 M 248 M 242 M 232 M 247 M 207 M 198 M 188 M 186 M 205 M 195 M

Revenue

1.89 B 1.72 B 1.76 B 1.79 B 1.73 B 1.75 B 1.67 B 1.61 B 1.54 B - 1.59 B 1.51 B 1.86 B - 1.95 B 1.93 B 1.83 B 1.73 B 1.6 B 1.42 B 1.46 B 1.47 B 1.43 B 1.4 B 1.33 B 1.3 B 1.39 B 1.34 B 1.33 B 1.3 B 1.3 B 1.3 B 1.13 B - - - - - - - - - - - - - - - - - - - - - 680 M 714 M 683 M

Cost of Revenue

714 M 728 M 664 M 678 M 661 M 709 M 636 M 648 M 654 M - 588 M 463 M 582 M - 565 M 604 M 584 M - 552 M 549 M 441 M - 466 M 483 M 492 M - 454 M 456 M 441 M 446 M 417 M 446 M 446 M - 386 M 371 M 355 M - 379 M 361 M 346 M - 346 M 326 M 319 M - 291 M 288 M 279 M - 264 M 262 M 261 M - 252 M 249 M 243 M

Gross Profit

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 729 M 672 M 679 M 714 M 682 M

Operating Income

643 M 478 M 596 M 614 M 565 M 587 M 581 M 534 M 484 M - 575 M 669 M 877 M - 996 M 958 M 893 M - 729 M 554 M 707 M - 659 M 615 M 532 M - 641 M 595 M 584 M 531 M 548 M 531 M 531 M - 476 M 284 M 411 M - 458 M 508 M 478 M - 489 M 473 M 449 M - 426 M 399 M 373 M - 359 M 328 M 316 M - 295 M 327 M 312 M

Interest Expense

4.6 M -9 M 6.9 M 7.6 M -6.2 M -4.9 M -3.5 M -7.3 M -3.9 M - 400 K -5.4 M -7.2 M - -3.1 M 700 K -3.7 M - 5.8 M 2 M -15.4 M - -700 K -100 K 800 K - 100 K -2.4 M 900 K - 900 K 1.2 M 1.3 M - - -200 K - - -1.7 M 200 K -1.1 M - - - - - 200 K 100 K 300 K - 500 K 400 K 600 K - 600 K 600 K 500 K

EBITDA

- - - - - - - - - - 741 M 669 M 932 M - 1.15 B 958 M 942 M - 729 M 554 M 707 M - 659 M 615 M 532 M - 641 M 595 M 584 M 531 M 548 M 531 M 531 M - 476 M 284 M 411 M - 458 M 508 M 478 M - 489 M 473 M 449 M - 426 M 399 M 373 M - 359 M 328 M 316 M - 296 M 327 M 312 M

Operating Expenses

1.25 B 1.24 B 1.17 B 1.17 B 1.17 B 1.16 B 1.09 B 1.08 B 1.05 B - 1.01 B 844 M 986 M - 958 M 971 M 934 M - 867 M 862 M 755 M - 768 M 780 M 795 M - 754 M 750 M 744 M 767 M 690 M 767 M 767 M - 617 M 761 M 583 M - 591 M 565 M 549 M - 532 M 511 M 506 M - 458 M 456 M 443 M - 411 M 409 M 412 M - 384 M 387 M 371 M

General and Administrative Expenses

102 M 110 M 103 M 104 M 109 M 92.6 M 85.7 M 100 M 108 M - 115 M 96.4 M 98.8 M - 81.8 M 91.7 M 87.3 M - 74.5 M 86.4 M 77.1 M - 75.2 M 74.4 M 73 M - 73.7 M 73.4 M 71.7 M 84.8 M 67.2 M 84.8 M 84.8 M - - 40.8 M 41.4 M - 40.3 M 39.9 M 38.3 M - 35.9 M 36 M 35.4 M - 32.9 M - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company T. Rowe Price Group (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Diversified financials industry

Issuer Price % 24h Market Cap Country
Altisource Asset Management Corporation Altisource Asset Management Corporation
AAMC
- -1.53 % $ 3.77 M usaUSA
Ashford Ashford
AINC
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Atlas Corp. Atlas Corp.
ATCO
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Ameriprise Financial Ameriprise Financial
AMP
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Бест Эффортс Банк Бест Эффортс Банк
ALBK
- - - russiaRussia
Ares Capital Corporation Ares Capital Corporation
ARCC
$ 18.36 2.34 % $ 7.77 B usaUSA
Арсагера Арсагера
ARSA
- - - russiaRussia
ASA Gold and Precious Metals Limited ASA Gold and Precious Metals Limited
ASA
$ 67.04 1.58 % $ 1.29 B usaUSA
Jupai Holdings Limited Jupai Holdings Limited
JP
- 0.98 % $ 12.7 M -
BlackRock BlackRock
BLK
$ 958.18 1.58 % $ 143 B usaUSA
AssetMark Financial Holdings AssetMark Financial Holdings
AMK
- - $ 2.61 B usaUSA
TCG BDC, Inc. TCG BDC, Inc.
CGBD
$ 11.14 4.07 % $ 613 M usaUSA
Oaktree Strategic Income Corporation Oaktree Strategic Income Corporation
OCSI
- - $ 251 M usaUSA
Bain Capital Specialty Finance, Inc. Bain Capital Specialty Finance, Inc.
BCSF
$ 12.39 3.42 % $ 800 M usaUSA
Blucora Blucora
BCOR
- -0.29 % $ 1.31 B usaUSA
МЕРИДИАН МЕРИДИАН
MERF
- - - russiaRussia
Русс-Инвест Русс-Инвест
RUSI
- - - russiaRussia
Сафмар Сафмар
SFIN
- - - russiaRussia
Объединенные Кредитные Системы Объединенные Кредитные Системы
UCSS
- - - russiaRussia
The Bank of New York Mellon Corporation The Bank of New York Mellon Corporation
BK
$ 116.14 0.66 % $ 82.5 B usaUSA
FS KKR Capital Corp. FS KKR Capital Corp.
FSK
$ 10.39 2.36 % $ 1.29 B usaUSA
General American Investors Company, Inc. General American Investors Company, Inc.
GAM
$ 60.22 1.06 % $ 1.64 B usaUSA
Ares Management Corporation Ares Management Corporation
ARES
$ 104.0 4.88 % $ 32.6 B usaUSA
Cohen & Steers Cohen & Steers
CNS
$ 64.53 1.98 % $ 3.25 B usaUSA
U.S. Global Investors U.S. Global Investors
GROW
$ 3.24 -0.31 % $ 43.2 M usaUSA
Hamilton Lane Incorporated Hamilton Lane Incorporated
HLNE
$ 102.02 5.0 % $ 3.95 B usaUSA
The Carlyle Group The Carlyle Group
CG
$ 47.81 3.08 % $ 17.2 B usaUSA
Tekla Healthcare Investors Tekla Healthcare Investors
HQH
$ 18.35 1.27 % $ 786 M usaUSA
Tekla Life Sciences Investors Tekla Life Sciences Investors
HQL
$ 16.74 1.03 % $ 388 M usaUSA
Horizon Technology Finance Corporation Horizon Technology Finance Corporation
HRZN
$ 4.22 4.46 % $ 74 M usaUSA
Diamond Hill Investment Group Diamond Hill Investment Group
DHIL
$ 173.22 0.05 % $ 478 M usaUSA
Fidus Investment Corporation Fidus Investment Corporation
FDUS
$ 18.33 3.04 % $ 448 M usaUSA
Investcorp Credit Management BDC, Inc. Investcorp Credit Management BDC, Inc.
ICMB
$ 2.03 3.57 % $ 27.9 M usaUSA
Gladstone Investment Corporation Gladstone Investment Corporation
GAIN
$ 14.3 2.36 % $ 473 M usaUSA
Federated Hermes Federated Hermes
FHI
$ 56.84 0.42 % $ 4.27 B usaUSA
Great Elm Capital Corporation Great Elm Capital Corporation
GECC
$ 4.82 -2.23 % $ 107 M usaUSA
Golub Capital BDC, Inc. Golub Capital BDC, Inc.
GBDC
$ 12.42 2.6 % $ 1.85 B usaUSA
Apollo Investment Corporation Apollo Investment Corporation
AINV
- 0.52 % $ 730 M usaUSA
Gladstone Capital Corporation Gladstone Capital Corporation
GLAD
$ 18.28 2.7 % $ 567 M usaUSA
BlackRock Capital Investment Corporation BlackRock Capital Investment Corporation
BKCC
- - $ 257 M usaUSA
Central Securities Corp. Central Securities Corp.
CET
- 1.35 % $ 930 M usaUSA
CI Financial Corp CI Financial Corp
CIXX
- -0.7 % $ 2.9 B -
Capitala Finance Corp. Capitala Finance Corp.
CPTA
- 2.17 % $ 68.9 M usaUSA
BNY Mellon Municipal Income, Inc. BNY Mellon Municipal Income, Inc.
DMF
- -0.29 % $ 144 M usaUSA
Eaton Vance Corp. Eaton Vance Corp.
EV
- -0.98 % $ 8.58 B usaUSA
First Eagle Alternative Capital BDC, Inc. First Eagle Alternative Capital BDC, Inc.
FCRD
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Harvest Capital Credit Corporation Harvest Capital Credit Corporation
HCAP
- - $ 57.7 M usaUSA
Kayne Anderson NextGen Energy & Infrastructure, Inc. Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
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Medley Management Inc. Medley Management Inc.
MDLY
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Puhui Wealth Investment Management Co., Ltd. Puhui Wealth Investment Management Co., Ltd.
PHCF
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