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T. Rowe Price Group Inc.Stock · FinancialsS&P 500 0.0%
$116.52+$1.57 (+1.37%)as of market close, Jul 24, 2026
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How T. Rowe Price makes money

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How does T. Rowe Price make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

T. Rowe Price Group Inc. · FY2025 · year ended 2025-12-31
Revenue$7.3BGross profit$7.3B · 100%Cost of revenue$0 · 0%Operating income$2.2B · 30%Operating expenses$5.1B · 70%Other opex$5.1B · 70%Pre-tax income$2.8B · 38%Other income$566M · 8%Net income$2.1B · 29%Income tax$667M · 9%Asset Management 1$6.6B · 90%Administrative Distribution Servicing & Other Fee Revenue$594M · 8%Capital Allocation Based Income$81M · 1%Performance Based Advisory Fees$37M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.