T Rowe Price Group Inc

Chart & Performance

D1W1MN

P/E

14.60

P/S

4.04

EPS

8.05

Div Yield, %

4.29%

Shrs. gr., 5y

-1.86%

Rev. gr., 5y

3.76%

Revenues

6.46b

-0.43%

Net income

1.79b

+14.81%

CFO

1.22b

-48.33%

Dividend

Sep 13, 20241.24 USD/sh

Earnings

Feb 06, 2025

Profile

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.

URL

https://www.troweprice.com/

IPO date

Jan 04, 1986

Employees

7,903

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	6,460,500 -0.43%	6,488,400 -15.43%	7,671,900 23.61%
Cost of revenue	4,422,500	2,417,100	2,167,300
Unusual Expense (Income)
NOPBT	2,038,000	4,071,300	5,504,600
NOPBT Margin	31.55%	62.75%	71.75%
Operating Taxes	654,600	498,600	896,100
Tax Rate	32.12%	12.25%	16.28%
NOPAT	1,383,400	3,572,700	4,608,500
Net income	1,788,700 14.81%	1,557,900 -49.47%	3,082,900 29.93%
Dividends	(1,121,700)	(1,107,400)	(1,701,900)
Dividend yield	4.63%	4.47%	3.78%
Proceeds from repurchase of equity	(254,400)	(886,000)	(1,138,500)
BB yield	1.05%	3.58%	2.53%
Debt
Debt current		329,600	75,900
Long-term debt	559,500	659,200	498,400
Deferred revenue		1,956,400	2,255,300
Other long-term liabilities	1,361,900	(618,400)	(498,400)
Net debt	(5,214,500)	(4,909,400)	(5,887,100)
Cash flow
Cash from operating activities	1,219,100	2,359,400	3,452,000
CAPEX	(307,900)	(237,600)	(239,100)
Cash from investing activities	(527,200)	(41,500)	(1,098,100)
Cash from financing activities	(1,078,600)	(2,076,900)	(2,988,800)
FCF	1,598,000	3,474,700	4,499,500
Balance
Cash	2,066,600	1,755,600	1,523,100
Long term investments	3,707,400	4,142,600	4,938,300
Excess cash	5,450,975	5,573,780	6,077,805
Stockholders' equity	9,859,500	17,658,700	17,425,100
Invested Capital	6,352,125	5,611,620	5,678,695
ROIC	23.13%	63.29%	115.22%
ROCE	17.27%	35.48%	45.85%
EV
Common stock shares outstanding	224,800	227,100	228,800
Price	107.69 -1.26%	109.06 -44.54%	196.64 29.89%
Market cap	24,208,712 -2.26%	24,767,526 -44.95%	44,991,232 28.54%
EV	19,780,312	29,115,226	48,426,332
EBITDA	2,519,600	4,717,100	5,709,400
EV/EBITDA	7.85	6.17	8.48
Interest	4,190,700	317,200
Interest/NOPBT	205.63%	7.79%