T. Rowe Price Group, Inc. (TROW)
NASDAQ: TROW · Real-Time Price · USD
111.51
-0.68 (-0.61%)
Aug 21, 2026, 4:00 PM EDT - Market closed
T. Rowe Price Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 1,907 | 1,857 | 1,934 | 1,894 | 1,723 | 1,764 | 1,825 | 1,786 | 1,733 | 1,750 | 1,642 | 1,671 | 1,610 | 1,538 | 1,524 | 1,588 | 1,513 | 1,863 | 1,962 | 1,954 | |
Revenue Growth (YoY) | 10.68% | 5.28% | 6.01% | 6.04% | -0.58% | 0.78% | 11.11% | 6.88% | 7.65% | 13.83% | 7.73% | 5.20% | 6.42% | -17.47% | -22.30% | -18.73% | -21.58% | 1.98% | 13.20% | 22.45% |
Cost of Revenue | 1,013 | 833.3 | 938.8 | 888.8 | 895 | 841.9 | 876.9 | 844.9 | 821.8 | 865.9 | 879.2 | 784.4 | 793.7 | 797.1 | 825.5 | 733.6 | 615.4 | 747.9 | 812.4 | 730.9 |
Gross Profit | 894.8 | 1,024 | 995.3 | 1,005 | 828.3 | 922 | 947.6 | 940.7 | 911.5 | 884.3 | 762.8 | 886.3 | 816.5 | 740.5 | 698.7 | 854.6 | 897.6 | 1,115 | 1,149 | 1,223 |
Selling, General & Admin | 331.1 | 315.2 | 350.9 | 306.2 | 318.8 | 297 | 347.8 | 289 | 302.9 | 267.8 | 364.9 | 266.5 | 277.6 | 279.9 | 279 | 282.7 | 329.6 | 255.4 | 254.9 | 227 |
Amortization of Goodwill & Intangibles | 16.5 | 18 | 21.3 | 26.8 | 31.2 | 28.7 | 60 | 25.9 | 43.9 | 29.9 | 41.1 | 38.5 | 28.6 | 26 | 202.1 | 27.1 | - | 27.1 | - | - |
Operating Expenses | 347.6 | 333.2 | 372.2 | 333 | 350 | 325.7 | 407.8 | 314.9 | 346.8 | 297.7 | 406 | 305 | 306.2 | 305.9 | 481.1 | 309.8 | 329.6 | 282.5 | 254.9 | 227 |
Operating Income | 547.2 | 690.5 | 623.1 | 671.7 | 478.3 | 596.3 | 539.8 | 625.8 | 564.7 | 586.6 | 356.8 | 581.3 | 510.3 | 434.6 | 217.6 | 544.8 | 568 | 832.6 | 894.4 | 996.2 |
Interest & Investment Income | 370 | - | 142.7 | 233.8 | 244.5 | 63.8 | 8.3 | 204.9 | 86.5 | 193.8 | 260.7 | 30.7 | 113.5 | 139.3 | - | - | - | - | 49.8 | 8.7 |
Other Non Operating Income (Expenses) | -0.9 | -0.8 | -0.6 | 4.6 | -9 | 6.9 | -3.7 | 7.6 | -6.2 | -4.9 | -1 | -3.5 | -7.3 | -3.9 | -5.1 | 0.4 | -5.4 | -7.2 | 0.3 | -3.1 |
EBT Excluding Unusual Items | 916.3 | 689.7 | 765.2 | 910.1 | 713.8 | 667 | 544.4 | 838.3 | 645 | 775.5 | 616.5 | 608.5 | 616.5 | 570 | 212.5 | 545.2 | 562.6 | 825.4 | 944.5 | 1,002 |
Merger & Restructuring Charges | -6.7 | -10 | -148.8 | -28.5 | - | - | - | - | - | - | - | - | - | - | - | -0.1 | - | -0.7 | -31.9 | - |
Gain (Loss) on Sale of Investments | - | -47.5 | - | - | - | - | - | - | - | - | - | -24.4 | - | - | 140.8 | -83.2 | -274.5 | -191.3 | - | -17.1 |
Asset Writedown | - | - | -3.3 | - | - | - | 28.6 | -25.6 | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | 13.4 | - | - | 30.4 | - | 23.2 | 49.6 | 35.5 | 29.9 | 100.6 | 45.5 | - | - |
Pretax Income | 909.6 | 632.2 | 613.1 | 881.6 | 713.8 | 667 | 573 | 826.1 | 645 | 775.5 | 646.9 | 584.1 | 639.7 | 619.6 | 388.8 | 491.8 | 388.7 | 678.9 | 912.6 | 984.7 |
Income Tax Expense | 214.2 | 148.1 | 152.5 | 195.1 | 157.7 | 161.9 | 156.3 | 185.7 | 159.7 | 182.1 | 173.3 | 144.9 | 158.5 | 177.9 | 99.2 | 134 | 100.9 | 164.5 | 179 | 227.3 |
Earnings From Continuing Operations | 695.4 | 484.1 | 460.6 | 686.5 | 556.1 | 505.1 | 416.7 | 640.4 | 485.3 | 593.4 | 473.6 | 439.2 | 481.2 | 441.7 | 289.6 | 357.8 | 287.8 | 514.4 | 733.6 | 757.4 |
Minority Interest in Earnings | -63.4 | 14.1 | -15.3 | -40.4 | -50.9 | -14.6 | 23.2 | -37.4 | -1.9 | -19.6 | -36 | 14 | -4.8 | -20.2 | -23.6 | 26.6 | 51.8 | 53.5 | 7 | 19.8 |
Net Income | 632 | 498.2 | 445.3 | 646.1 | 505.2 | 490.5 | 439.9 | 603 | 483.4 | 573.8 | 437.6 | 453.2 | 476.4 | 421.5 | 266 | 384.4 | 339.6 | 567.9 | 740.6 | 777.2 |
Preferred Dividends & Other Adjustments | 16 | 12.5 | 11.1 | 14.7 | 12.4 | 12.4 | 11.6 | 15.5 | 12.9 | 15.8 | 11.7 | 10.6 | 11.6 | 10.5 | 6.5 | 9.2 | 7.4 | 13 | 18.9 | 19.5 |
Net Income to Common | 616 | 485.7 | 434.2 | 631.4 | 492.8 | 478.1 | 428.3 | 587.5 | 470.5 | 558 | 425.9 | 442.6 | 464.8 | 411 | 259.5 | 375.2 | 332.2 | 554.9 | 721.7 | 757.7 |
Net Income Growth (YoY) | 25.00% | 1.59% | 1.38% | 7.47% | 4.74% | -14.32% | 0.56% | 32.74% | 1.23% | 35.77% | 64.12% | 17.96% | 39.92% | -25.93% | -64.04% | -50.48% | -58.14% | -23.93% | -5.31% | 21.17% |
Shares Outstanding (Basic) | 214 | 218 | 218 | 219 | 220 | 222 | 222 | 222 | 223 | 224 | 224 | 224 | 224 | 224 | 224 | 225 | 227 | 228 | 225 | 227 |
Shares Outstanding (Diluted) | 214 | 218 | 218 | 220 | 220 | 223 | 223 | 223 | 224 | 224 | 224 | 225 | 225 | 225 | 225 | 226 | 228 | 230 | 227 | 229 |
Shares Change (YoY) | -2.81% | -2.25% | -1.98% | -1.39% | -1.39% | -0.71% | -0.54% | -0.89% | -0.76% | -0.44% | -0.27% | -0.66% | -1.19% | -2.00% | -1.01% | -1.22% | -0.57% | -0.09% | -1.00% | -0.13% |
EPS (Basic) | 2.88 | 2.23 | 1.99 | 2.88 | 2.24 | 2.15 | 1.93 | 2.64 | 2.11 | 2.50 | 1.91 | 1.98 | 2.07 | 1.83 | 1.16 | 1.67 | 1.47 | 2.43 | 3.21 | 3.34 |
EPS (Diluted) | 2.88 | 2.23 | 1.99 | 2.87 | 2.24 | 2.15 | 1.92 | 2.64 | 2.11 | 2.49 | 1.90 | 1.97 | 2.06 | 1.83 | 1.15 | 1.66 | 1.46 | 2.41 | 3.18 | 3.31 |
EPS Growth (YoY) | 28.62% | 3.72% | 3.63% | 8.71% | 6.07% | -13.66% | 0.99% | 34.01% | 2.42% | 36.07% | 65.02% | 18.68% | 41.10% | -24.07% | -63.82% | -49.85% | -57.80% | -23.97% | -4.46% | 21.25% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 450.9 | 762.3 | -85.4 | 546 | 467.7 | 550.9 | -394.9 | 547.9 | 574.4 | 534.8 | -239.3 | 376.4 | 323.1 | 451 | -195.6 | 713.2 | 555.7 | 1,049 | 300.9 | 1,232 |
Free Cash Flow Per Share | 2.10 | 3.50 | -0.39 | 2.48 | 2.12 | 2.48 | -1.77 | 2.46 | 2.57 | 2.38 | -1.07 | 1.67 | 1.44 | 2.00 | -0.87 | 3.15 | 2.44 | 4.56 | 1.33 | 5.38 |
Dividend Per Share | 1.300 | 1.300 | 1.270 | 1.270 | 1.270 | 1.270 | 1.240 | 1.240 | 1.240 | 1.240 | 1.220 | 1.220 | 1.220 | 1.220 | 1.200 | 1.200 | 1.200 | 1.200 | 1.080 | 1.080 |
Dividend Growth (YoY) | 2.36% | 2.36% | 2.42% | 2.42% | 2.42% | 2.42% | 1.64% | 1.64% | 1.64% | 1.64% | 1.67% | 1.67% | 1.67% | 1.67% | 11.11% | 11.11% | 11.11% | 11.11% | 20.00% | 20.00% |
Gross Margin | 46.91% | 55.13% | 51.46% | 53.06% | 48.07% | 52.27% | 51.94% | 52.68% | 52.59% | 50.53% | 46.46% | 53.05% | 50.71% | 48.16% | 45.84% | 53.81% | 59.33% | 59.86% | 58.59% | 62.60% |
Operating Margin | 28.69% | 37.18% | 32.22% | 35.47% | 27.76% | 33.81% | 29.59% | 35.05% | 32.58% | 33.52% | 21.73% | 34.79% | 31.69% | 28.27% | 14.28% | 34.30% | 37.54% | 44.69% | 45.59% | 50.98% |
Profit Margin | 32.30% | 26.16% | 22.45% | 33.35% | 28.60% | 27.11% | 23.47% | 32.90% | 27.15% | 31.88% | 25.94% | 26.49% | 28.87% | 26.73% | 17.03% | 23.62% | 21.96% | 29.79% | 36.79% | 38.77% |
Free Cash Flow Margin | 23.64% | 41.05% | -4.42% | 28.84% | 27.14% | 31.23% | -21.64% | 30.68% | 33.14% | 30.56% | -14.57% | 22.53% | 20.07% | 29.33% | -12.83% | 44.91% | 36.73% | 56.28% | 15.34% | 63.04% |
EBITDA | 650.2 | 793.2 | 728.5 | 791.9 | 615 | 708.9 | 687.7 | 700.6 | 701.7 | 700 | 491.2 | 712.7 | 619.1 | 541.6 | 363.9 | 653.3 | 675.5 | 941 | 948.1 | 1,048 |
EBITDA Margin | 34.09% | 42.71% | 37.67% | 41.82% | 35.69% | 40.19% | 37.69% | 39.24% | 40.48% | 40.00% | 29.92% | 42.66% | 38.45% | 35.22% | 23.88% | 41.13% | 44.65% | 50.51% | 48.33% | 53.63% |
D&A For EBITDA | 103 | 102.7 | 105.4 | 120.2 | 136.7 | 112.6 | 147.9 | 74.8 | 137 | 113.4 | 134.4 | 131.4 | 108.8 | 107 | 146.3 | 108.5 | 107.5 | 108.4 | 53.7 | 51.7 |
EBIT | 547.2 | 690.5 | 623.1 | 671.7 | 478.3 | 596.3 | 539.8 | 625.8 | 564.7 | 586.6 | 356.8 | 581.3 | 510.3 | 434.6 | 217.6 | 544.8 | 568 | 832.6 | 894.4 | 996.2 |
EBIT Margin | 28.69% | 37.18% | 32.22% | 35.47% | 27.76% | 33.81% | 29.59% | 35.05% | 32.58% | 33.52% | 21.73% | 34.79% | 31.69% | 28.27% | 14.28% | 34.30% | 37.54% | 44.69% | 45.59% | 50.98% |
Effective Tax Rate | 23.55% | 23.43% | 24.87% | 22.13% | 22.09% | 24.27% | 27.28% | 22.48% | 24.76% | 23.48% | 26.79% | 24.81% | 24.78% | 28.71% | 25.51% | 27.25% | 25.96% | 24.23% | 19.61% | 23.08% |
Revenue as Reported | 1,907 | 1,857 | 1,934 | 1,894 | 1,723 | 1,764 | 1,825 | 1,786 | 1,733 | 1,750 | 1,642 | 1,671 | 1,610 | 1,538 | 1,524 | 1,588 | 1,513 | 1,863 | 1,962 | 1,954 |
Advertising Expenses | 20.3 | 18.4 | - | 21.3 | 29.9 | 26.1 | - | 20.8 | 33.3 | 25.3 | - | 21.1 | 22.9 | 25.8 | - | 24.3 | 48.6 | 23.4 | - | 22.1 |