TROW
T. Rowe Price Group Inc.Stock · FinancialsS&P 500 Equal Weight 0.2% · S&P 500 0.04% · Russell 1000 0.03% · US Stock Market 0.03% · Russell 3000 0.03% · MSCI World 0.02% · MSCI ACWI 0.02%$104.48+0.31%
as of Sep 21, 9:40 AM ET
☾ AH — —
TROW financial statements
The full income statement, balance sheet, and cash-flow statement for T. Rowe Price Group Inc. (TROW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 222.6M2024-09 222.2M2024-12 222.6M2025-03 220.3M2025-06 219.7M2025-09 218.2M2025-12 218.1M2026-03 214.3M2026-06 213.3M-4.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 7.31B+3.1% | 7.09B+9.8% | 6.46B-0.4% | 6.49B-15.4% | 7.67B+23.6% | |
| 5.13B+7.7% | 4.76B+6.4% | 4.47B+8.7% | 4.11B+3.9% | 3.96B+14.5% | ||
| Restructuring | 177M | 0.00 | 0.00 | — | — | |
| Amortization of intangibles | — | — | — | — | 0.00 | |
| Operating income | 2.19B-6.2% | 2.33B+17.5% | 1.99B-16.3% | 2.37B-36.0% | 3.71B+35.1% | |
| Other non-operating income | 1.90M+126.4% | -7.20M+54.1% | -15.7M+9.2% | -17.3M-193.2% | -5.90M-195.0% | |
| Gain (loss) on equity securities | 143M+178.0% | 51.3M-40.8% | 86.7M+136.0% | -241M-478.1% | 63.6M-55.4% | |
| Pre-tax income | 2.88B+2.0% | 2.82B+13.2% | 2.49B+27.8% | 1.95B-51.2% | 3.99B+23.2% | |
| Income tax | 667M-2.4% | 684M+4.5% | 655M+31.3% | 499M-44.4% | 896M+24.6% | |
| 2.09B-0.6% | 2.10B+17.4% | 1.79B+14.8% | 1.56B-49.5% | 3.08B+29.9% | ||
| Net income to common | 2.04B-0.4% | 2.04B+17.2% | 1.74B+14.6% | 1.52B-49.3% | 3.00B+30.1% | |
| $9.24+1.0% | $9.15+17.9% | $7.76+15.8% | $6.70-48.9% | $13.12+31.5% | ||
| EPS (basic) | $9.26+0.9% | $9.18+18.0% | $7.78+15.6% | $6.73-49.2% | $13.25+31.4% | |
| Weighted-avg shares (basic) | 220M-1.3% | 223M-0.6% | 224M-0.8% | 226M-0.3% | 227M-1.0% | |
| Weighted-avg shares (diluted) | 220M-1.3% | 223M-0.7% | 225M-1.0% | 227M-0.7% | 229M-1.0% | |
| Dividends per share | $5.08+2.4% | $4.96+1.6% | $4.88+1.7% | $4.80+11.1% | $4.32+20.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 3.38B+27.5% | 2.65B+28.2% | 2.07B+17.7% | 1.76B+15.3% | 1.52B-29.2% | |
| 14.3B+6.5% | 13.5B+9.7% | 12.3B+5.5% | 11.6B-6.9% | 12.5B+17.4% | ||
| Property, plant & equipment | 845M-13.5% | 977M+21.1% | 807M+6.7% | 756M+2.6% | 736M+5.9% | |
| Operating lease right-of-use | 383M+68.8% | 227M-5.9% | 241M-13.7% | 279M+38.9% | 201M+71.1% | |
| Goodwill | 2.64B+0.0% | 2.64B+0.0% | 2.64B+0.0% | 2.64B-1.9% | 2.69B+304.6% | |
| Intangible assets | 274M-25.5% | 368M-27.4% | 507M-19.5% | 630M-31.0% | 913M | |
| 2.29B+13.2% | 2.02B+1.7% | 1.99B+1.6% | 1.96B-13.3% | 2.26B+62.2% | ||
| Operating lease liability (total) | 447M+60.5% | 279M-9.7% | 309M-6.4% | 330M+32.3% | 249M+61.7% | |
| 10.9B+5.0% | 10.3B+8.8% | 9.51B+7.5% | 8.84B-2.0% | 9.02B+17.1% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 43.8M-1.8% | 44.6M-0.4% | 44.8M-0.2% | 44.9M-2.0% | 45.8M+0.4% | |
| Additional paid-in capital | 0.00-100.0% | 312M-27.8% | 432M-1.4% | 438M-52.4% | 920M+40.5% | |
| Accumulated other comprehensive income | -50.5M+2.3% | -51.7M-8.8% | -47.5M+10.4% | -53.0M-100.0% | -26.5M-15.2% | |
| Non-controlling interest | 157M-2.2% | 161M-16.3% | 192M+0.7% | 191M-23.3% | 249M | |
| Total equity incl. non-controlling | 11.0B+4.9% | 10.5B+8.3% | 9.70B+7.4% | 9.03B-2.6% | 9.27B+20.3% | |
| Total liabilities & equity | 14.3B+6.5% | 13.5B+9.7% | 12.3B+5.5% | 11.6B-6.9% | 12.5B+17.4% | |
| Common shares issued | 219M-2.0% | 223M-0.4% | 224M-0.2% | 224M-2.1% | 229M+0.5% | |
| Common shares outstanding | 219M-2.0% | 223M | — | — | — | |
| Shares outstanding (cover) | 218M-2.0% | 223M-0.5% | 224M-0.3% | 224M-1.6% | 228M+0.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.75B+4.0% | 1.69B+38.3% | 1.22B-48.3% | 2.36B-31.7% | 3.45B+79.9% | ||
| Intangible amortization | — | — | — | — | 0.00 | |
| Share-based compensation | 217M-12.3% | 247M-6.9% | 266M-6.9% | 285M+3.9% | 275M+11.5% | |
| Deferred income taxes | 96.8M+210.0% | -88.0M-1123.3% | 8.60M+104.2% | -207M-267.7% | -56.3M-510.9% | |
| 230M+229.7% | -178M-238.5% | 128M+408.9% | -41.5M+96.2% | -1.10B-2925.1% | ||
| Capital expenditure | 274M-35.2% | 423M+37.5% | 308M+29.6% | 238M-0.6% | 239M+11.4% | |
| Free cash flow | 1.48B+17.2% | 1.26B+38.5% | 911M-57.1% | 2.12B-34.0% | 3.21B+88.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 2.45B | |
| Purchases of investments | 113M+12.8% | 100M+17.4% | 85.3M+54.8% | 55.1M+14.8% | 48.0M-82.4% | |
| Sales/maturities of investments | 769M+44.2% | 533M-13.5% | 617M+133.9% | 264M-83.8% | 1.63B+258.0% | |
| Other investing activities | 88.6M-48.4% | 172M+346.9% | 38.4M+937.8% | 3.70M+112.0% | -30.9M+38.8% | |
| -1.28B-36.4% | -937M+13.2% | -1.08B+48.1% | -2.08B+30.5% | -2.99B-101.1% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 621M+84.1% | 337M+32.5% | 254M-70.1% | 850M-25.4% | 1.14B-5.3% | |
| Dividends paid | 1.14B+0.7% | 1.14B+1.2% | 1.12B+1.3% | 1.11B-34.9% | 1.70B+101.2% | |
| FX effect on cash | -1.90M+20.8% | -2.40M-700.0% | 400K-95.8% | 9.50M+265.4% | 2.60M+36.8% | |
| Net change in cash | 704M+23.8% | 569M+111.5% | 269M+7.4% | 251M+139.6% | -632M-258.8% | |
| Income taxes paid | 595M-17.7% | 723M+14.4% | 632M-20.4% | 794M-16.3% | 949M+47.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 22.3B-11.3% | 25.2B+4.6% | 24.1B-1.3% | 24.4B-45.7% | 44.9B+30.0% | |
| P/E | 10.7×-10.8% | 12.0×-19.4% | 14.9×+24.1% | 12.0×-17.6% | 14.5×+0.0% | |
| P/S | 3.1×-14.0% | 3.5×-6.5% | 3.8×+7.8% | 3.5×-39.8% | 5.8×+5.2% | |
| P/B | 2.1×-15.5% | 2.4×-4.9% | 2.6×-6.4% | 2.7×-45.0% | 5.0×+11.0% | |
| P/FCF | 15.1×-24.3% | 19.9×-20.8% | 25.2×+170.8% | 9.3×-33.3% | 14.0×-31.1% | |
| Earnings yield | 9.3%+12.1% | 8.3%+24.1% | 6.7%-19.4% | 8.3%+21.3% | 6.9%-0.0% | |
| FCF yield | 6.6%+32.2% | 5.0%+26.3% | 4.0%-63.1% | 10.7%+50.0% | 7.2%+45.0% | |
| Dividend yield | 5.0%+13.1% | 4.4%-3.2% | 4.5%+3.0% | 4.4%+100.3% | 2.2%-7.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TROW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TROW filings on SEC EDGAR → Not investment advice.