T. Rowe Price Group, Inc. (VIE:TROW)

T. Rowe Price Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Transaction-Based Revenues	6,721	6,506	5,910	5,915	7,098
Other Revenues	593.9	588	550.9	573.6	573.8
Revenue	7,315	7,094	6,461	6,488	7,672
Revenue Growth (YoY)	3.12%	9.80%	-0.43%	-15.43%	23.61%
Cost of Revenue	3,565	3,410	3,254	2,922	2,993
Gross Profit	3,750	3,684	3,206	3,566	4,679
Selling, General & Admin	1,273	1,208	1,168	1,070	968.7
Other Operating Expenses	288.6	143.3	51.8	122.3	-
Operating Income	2,189	2,333	1,986	2,374	3,710
Total Non-Operating Income (Expense)	686.7	486.3	504.1	-425.5	284.6
Pretax Income	2,876	2,820	2,490	1,948	3,995
Provision for Income Taxes	667.2	683.8	654.6	498.6	896.1
Net Income	2,087	2,100	1,789	1,558	3,083
Minority Interest in Earnings	121.2	35.7	47	-108.3	15.6
Net Income to Common	2,087	2,100	1,789	1,558	3,083
Net Income Growth	-0.62%	17.41%	14.82%	-49.47%	29.93%
Shares Outstanding (Basic)	220	223	224	226	227
Shares Outstanding (Diluted)	220	223	225	227	229
Shares Change (YoY)	-1.34%	-0.67%	-1.01%	-0.74%	-1.04%
EPS (Basic)	9.26	9.18	7.78	6.73	13.25
EPS (Diluted)	9.24	9.15	7.76	6.70	13.25
EPS Growth	0.98%	17.91%	15.82%	-49.43%	31.45%
Free Cash Flow	1,479	1,262	911.2	2,122	3,213
Free Cash Flow Growth	17.19%	38.52%	-57.05%	-33.96%	88.52%
Free Cash Flow Per Share	6.71	5.65	4.05	9.34	14.04
Dividends Per Share	5.080	4.960	4.880	4.800	4.320
Dividend Growth	2.42%	1.64%	1.67%	11.11%	20.00%
Gross Margin	51.27%	51.94%	49.63%	54.96%	60.98%
Operating Margin	29.92%	32.89%	30.74%	36.58%	48.36%
Profit Margin	30.19%	30.11%	28.41%	22.34%	40.39%
FCF Margin	20.22%	17.79%	14.10%	32.70%	41.88%
EBITDA	2,794	2,838	2,468	3,020	3,915
EBITDA Margin	38.20%	40.00%	38.20%	46.54%	51.03%
EBIT	2,189	2,333	1,986	2,374	3,710
EBIT Margin	29.92%	32.89%	30.74%	36.58%	48.36%
Effective Tax Rate	23.20%	24.25%	26.29%	25.59%	22.43%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.