T. Rowe Price Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,187	2,208	2,136	1,836	1,450	3,099
Depreciation & Amortization	595.6	605.5	504.2	481.6	645.8	204.8
Stock-Based Compensation	215.7	216.9	247.3	265.6	285.4	274.6
Other Adjustments	-114.45	-444.4	-446.8	-487.1	30.6	-208.2
Changes in Trading Assets	-966.85	-1,003	-760.4	-1,070	87.9	14.9
Changes in Other Operating Activities	36.1	169.8	5.5	193.6	-139.9	67.4
Operating Cash Flow	1,945	1,753	1,686	1,219	2,359	3,452
Operating Cash Flow Growth	15.68%	4.02%	38.27%	-48.33%	-31.65%	79.90%
Capital Expenditures	-254.2	-274.2	-423.4	-307.9	-237.6	-239.1
Purchases of Investments	-49.6	-112.9	-100.1	-85.3	-55.1	-48
Proceeds from Sale of Investments	731.9	769.1	533.4	616.6	263.6	1,626
Payments for Business Acquisitions	-	-	-	-	-	-2,451
Other Investing Activities	-58.85	-151.7	-187.4	-95.2	-12.4	14
Investing Cash Flow	337.7	230.3	-177.5	128.2	-41.5	-1,098
Issuance of Common Stock	-37.4	-22.3	-33.3	-18	-36.2	-81.6
Repurchase of Common Stock	-739.2	-620.9	-337.2	-254.4	-849.8	-1,139
Net Common Stock Issued (Repurchased)	-776.6	-643.2	-370.5	-272.4	-886	-1,220
Common Dividends Paid	-1,143	-1,143	-1,136	-1,122	-1,107	-1,702
Other Financing Activities	580	508.8	569.5	315.5	-83.5	-66.8
Financing Cash Flow	-1,368	-1,277	-936.6	-1,079	-2,077	-2,989
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-5.6	-1.9	-2.4	0.4	9.5	2.6
Net Cash Flow	379.1	704.4	569.1	269.1	250.5	-632.3
Free Cash Flow	1,691	1,479	1,262	911.2	2,122	3,213
Free Cash Flow Growth	14.29%	17.19%	38.52%	-57.05%	-33.96%	88.52%
FCF Margin	22.82%	20.22%	17.79%	14.10%	32.70%	41.88%
Free Cash Flow Per Share	7.72	6.71	5.65	4.05	9.34	14.04
Levered Free Cash Flow	1,505	1,586	1,426	1,086	1,914	3,131
Unlevered Free Cash Flow	1,161	1,179	1,093	761.11	2,122	2,926

SEC Filings: 10-K · 10-Q