T. Rowe Price Group Stock (NASDAQ:TROW)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$112.83

52W Range

$100.49 - $125.81

50D Avg

$116.92

200D Avg

$113.80

Market Cap

$25.10B

Avg Vol (3M)

$1.30M

Beta

1.42

Div Yield

$4.96 (4.39%)

TROW Company 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.

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Industry

Asset Management

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

8,104

IPO Date

Apr 02, 1986

Website

TROW Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Capital Allocation Based Income$161.90M$-54.30M-
Asset Management$5.75B$5.97B$7.10B
Administrative, Distribution, And Servicing$550.90M--
Administrative Service-$481.40M$453.50M
Distribution Service-$92.20M$120.30M

Fiscal year ends in Dec 23 | Currency in USD

TROW Financial Summary


Dec 23Dec 22Dec 21
Revenue$6.46B$6.49B$7.67B
Operating Income$2.04B$2.37B$3.71B
Net Income$1.74B$1.56B$3.08B
EBITDA$1.99B$3.03B$3.42B
Basic EPS$7.76$6.73$13.25
Diluted EPS$7.76$6.70$13.12

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 01, 24 | 10:16 AM
Q2 24Jul 26, 24 | 10:16 AM
Q1 24Apr 26, 24 | 12:00 AM

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