T. Rowe Price Group, Inc. Website

T. Rowe Price Group, Inc.

NasdaqGS-TROW

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

5,617.9

6,206.7

7,671.9

6,488.4

6,460.5

6,796.2

Total Revenues

5,617.9

6,206.7

7,671.9

6,488.4

6,460.5

6,796.2

Total Revenues % Chg.

4.6%

10.5%

23.6%

-15.4%

-0.4%

8.6%

Cost of Goods Sold, Total

2,384.9

2,616.4

2,993.2

2,922.4

3,254.4

3,351.3

Gross Profit

3,233

3,590.3

4,678.7

3,566

3,206.1

3,444.9

Selling General & Admin Expenses, Total

846

844.6

936.8

1,069.1

1,168.1

1,181.3

Depreciation & Amortization

—

—

—

—

—

—

—

—

—

Amortization of Goodwill and Intangible Assets

—

—

—

—

—

—

—

—

283.5

134.2

153.4

Other Operating Expenses

—

—

—

—

—

—

—

—

—

Other Operating Expenses, Total

846

844.6

936.8

1,352.6

1,302.3

1,334.7

Operating Income

2,387

2,745.7

3,741.9

2,213.4

1,903.8

2,110.2

Interest And Investment Income

533.3

498.5

290.5

—

519.8

547.3

Net Interest Expenses

533.3

498.5

290.5

—

519.8

547.3

Other Non Operating Income (Expenses)

7

-2

-5.9

-17.3

-15.7

-15.6

EBT, Excl. Unusual Items

2,927.3

3,242.2

4,026.5

2,196.1

2,407.9

2,641.9

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

-31.9

-0.9

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

-408.2

—

—

Insurance Settlements

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

—

—

—

161.2

82.4

9.6

EBT, Incl. Unusual Items

2,927.3

3,242.2

3,994.6

1,948.2

2,490.3

2,651.5

Income Tax Expense

678.4

718.9

896.1

498.6

654.6

660

Earnings From Continuing Operations

2,248.9

2,523.3

3,098.5

1,449.6

1,835.7

1,991.5

Minority Interest

—

—

-117.6

-150.6

-15.6

108.3

-47

-43.5

Net Income

2,131.3

2,372.7

3,082.9

1,557.9

1,788.7

1,948

Preferred Dividend and Other Adjustments

55.3

65.3

80.5

36.1

44.4

51

Net Income to Common Incl Extra Items

2,076

2,307.4

3,002.4

1,521.8

1,744.3

1,897

Net Income to Common Excl. Extra Items

2,076

2,307.4

3,002.4

1,521.8

1,744.3

1,897

Total Shares Outstanding

235.2

228

229.2

224.3

223.9

222.6

Weighted Avg. Shares Outstanding

235.4

228.8

226.6

226

224.1

223.6

Weighted Avg. Shares Outstanding Dil

238.6

231.2

228.8

227.1

224.8

224.1

EPS

8.8

10.1

13.2

6.7

7.8

8.5

EPS Diluted

8.7

10

13.1

6.7

7.8

8.5

EBITDA

2,577.8

2,935.3

3,946.7

2,684.1

2,385.4

2,626.4

Effective Tax Rate

23.2%

22.2%

22.4%

25.6%

26.3%

24.9%