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.
Revenue of T. Rowe Price Group, Inc. (TROW)
Revenue in 2023 (TTM): $6.46 B
According to T. Rowe Price Group, Inc.'s latest financial reports the company's current revenue (TTM) is $6.46 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of T. Rowe Price Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $6.46 B | $3.21 B | $2.39 B | $2.49 B | $1.79 B |
| 2022 | $6.49 B | $5.14 B | $3.14 B | $1.95 B | $1.56 B |
| 2021 | $7.67 B | $6.47 B | $3.91 B | $3.99 B | $3.08 B |
| 2020 | $6.21 B | $5.27 B | $2.94 B | $3.24 B | $2.37 B |
| 2019 | $5.62 B | $4.69 B | $2.58 B | $2.93 B | $2.13 B |
| 2018 | $5.37 B | $3.13 B | $2.51 B | $2.38 B | $1.84 B |
| 2017 | $4.79 B | $2.98 B | $2.2 B | $2.51 B | $1.5 B |
| 2016 | $4.22 B | $2.59 B | $1.93 B | $1.96 B | $1.22 B |
| 2015 | $4.2 B | $2.61 B | $2.03 B | $2 B | $1.22 B |
| 2014 | $3.98 B | $2.51 B | $2 B | $2 B | $1.23 B |
| 2013 | $3.48 B | $2.21 B | $1.73 B | $1.7 B | $1.05 B |
| 2012 | $3.02 B | $1.88 B | $1.45 B | $1.44 B | $883.6 M |
| 2011 | $2.75 B | $2.56 B | $1.3 B | $1.25 B | $773.2 M |
| 2010 | $2.37 B | $2.26 B | $1.1 B | $1.07 B | $672.2 M |
| 2009 | $1.87 B | $1.77 B | $767.3 M | $688.9 M | $433.6 M |
| 2008 | $2.12 B | $2.01 B | $910.8 M | $796.2 M | $490.8 M |
| 2007 | $2.23 B | $2 B | $1.05 B | $1.08 B | $670.6 M |
| 2006 | $1.82 B | $1.61 B | $833.4 M | $858.3 M | $529.6 M |
| 2005 | $1.51 B | $1.33 B | $697.3 M | $679.4 M | $431 M |
| 2004 | $1.28 B | $1.13 B | $565.3 M | $533.78 M | $337.26 M |
| 2003 | $998.86 M | $855.58 M | $414.09 M | $365.52 M | $227 M |
| 2002 | $925.83 M | $925.83 M | $924 M | $309.6 M | $194 M |
| 2001 | $1.03 B | $1.03 B | $311 M | $330.59 M | $196 M |
| 2000 | $1.21 B | $1.21 B | $409 M | $458.19 M | $269 M |
| 1999 | $1.04 B | $1.04 B | $448.32 M | $414.77 M | $239.4 M |
| 1998 | $886.1 M | $886.1 M | $346.17 M | $312.81 M | $174.14 M |
| 1997 | $755 M | $755 M | $953.5 M | $245.6 M | $144.4 M |
| 1996 | $586.1 M | $586.1 M | $765.1 M | $171.1 M | $98.5 M |
| 1995 | $439.3 M | $439.3 M | $571.3 M | $130.8 M | $75.5 M |
| 1994 | $382.4 M | $382.4 M | $493.1 M | $107.8 M | $61.2 M |
| 1993 | $310 M | $310 M | $449.3 M | $84.2 M | $48.6 M |
| 1992 | $245.1 M | $245.1 M | $363.6 M | $59.6 M | $35.8 M |
| 1991 | $205.2 M | $205.2 M | $294.7 M | $50.5 M | $30.4 M |
| 1990 | $170 M | $170 M | $250.4 M | $35.2 M | $20.9 M |
| 1989 | $159.5 M | $159.5 M | $226 M | $47.4 M | $29.7 M |
| 1988 | $142.2 M | $142.2 M | $239 M | $44.2 M | $26.6 M |
| 1987 | $132.4 M | $132.4 M | $226.8 M | $36.7 M | $19.9 M |
| 1986 | $111.1 M | $111.1 M | $191.4 M | $29.9 M | $14.8 M |
| 1985 | $85.2 M | $85.2 M | $152.8 M | $16.9 M | $8.5 M |