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T Rowe Price Group Inc
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Financials
Income Statement
Revenue
Net Income
Revenue
Net income
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 1.82B | 11.11% |
Operating expense | 348.10M | -14.26% |
Net income | 439.90M | 0.53% |
Net profit margin | 24.11 | -9.53% |
Earnings per share | 2.12 | 23.26% |
EBITDA | 687.70M | 40.00% |
Effective tax rate | 27.28% | — |
Balance Sheet
Total Assets
Total Liabilities
Total assets
Total liabilities
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.65B | 28.22% |
Total assets | 13.47B | 9.72% |
Total liabilities | 2.02B | 1.73% |
Total equity | 11.45B | — |
Shares outstanding | 222.63M | — |
Price to book | 2.02 | — |
Return on assets | 11.03% | — |
Return on capital | 12.83% | — |
Cash Flow
Net Change in Cash
Net change in cash
| (USD) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 439.90M | 0.53% |
Cash from operations | -281.90M | -79.10% |
Cash from investing | -22.50M | -124.97% |
Cash from financing | -208.40M | 54.83% |
Net change in cash | -515.70M | 2.05% |
Free cash flow | -1.07B | -8.44% |
Previous close
$93.90
Day range
$85.74 - $90.03
Year range
$85.74 - $125.81
Market cap
19.22B USD
Avg Volume
2.01M
P/E ratio
9.44
Dividend yield
5.88%
Primary exchange
NASDAQ
About
T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies. Headquartered at 100 East Pratt Street in Baltimore, Maryland, it has 7,868 employees across 17 international offices serving clients in 55 countries.
The firm was founded in 1937 by Thomas Rowe Price Jr. who is best known for developing the growth stock philosophy of investing. As of 2019, the company is focused on active management after strategically deciding against a major initiative in passive investment.
Consistently ranked among the world's top asset managers, T. Rowe Price was named one of the best places to work in money management by Pensions & Investments and was one of Fortune' most admired companies in 2020. Listed on Nasdaq under the stock ticker TROW since 1986, T. Wikipedia
Founded
1937
Headquarters
Website
Employees
8,158
