Revenue segments as reported by the company.

Investment advisory fees

Capital allocation-based income

Administrative, distribution, and servicing fees

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and related costs

Distribution and servicing

Advertising and promotion

Product and recordkeeping related costs

Technology, occupancy, and facility costs

General, administrative, and other

Contingent consideration fair value adjustments

Acquisition-related amortization and impairment costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

T. Rowe Price Group

T. Rowe Price Group, Inc. is a global investment management organization, which engages in the provision of investment management services. The firm provides an array of mutual funds, sub advisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. It also offers investment planning and guidance tools. The company was founded by Thomas Rowe Price Jr. in 1937 and is headquartered in Baltimore, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

T. Rowe Price reports resilient Q1 performance amid market challenges

T. Rowe Price Group navigated Q1 with solid financial performance, focusing on client delivery and innovation amidst market challenges, while managing AUM of $1.3 trillion.
Despite net outflows in certain strategies, the company's revenue growth and cost management strategies demonstrate resilience and a commitment to long-term growth.
Challenges in expense management and organic growth are being addressed, while opportunities in M&A, international expansion, and product diversification offer avenues for future growth and market leadership.

T. Rowe Price Group reports improved performance and explores AI opportunities

T. Rowe Price Group's Q2 earnings call showcased improved performance, cost-saving measures, and a focus on long-term growth strategies. The company faces challenges in balancing expense cuts with maintaining performance post-layoffs but sees opportunities in AI applications and driving flows through strategic initiatives.

T. Rowe Price Group reports solid performance amidst net outflows

T. Rowe Price Group's Q3 2023 earnings call highlighted solid investment performance, record flows in the Target Date franchise, and a focus on cost management amidst challenges of net outflows. The company remains optimistic about future growth opportunities and the value proposition of their retirement date funds.

T. Rowe Price reports strong Q4 performance and outlines growth

T. Rowe Price Group (TROW) showcased strong performance, highlighted growth opportunities, and addressed challenges during the Q4 2023 Earnings Call.
The company's focus on strategic initiatives, improved sales, and international markets positions it for a positive outlook in 2024.
Investors can expect continued emphasis on fixed income capabilities, share repurchases, and value creation through acquisitions.
Analysts' inquiries into various aspects of the business reflect a keen interest in T. Rowe Price's financial performance and strategic direction.

T. Rowe Price Group reports robust Q1 performance and eyes global retirement market

T. Rowe Price Group delivered strong financial performance in Q1 2024, driven by asset growth, improved investment performance, and increased earnings per share.
While facing challenges such as expense impacts and fluctuating fee structures, the company remains confident in its ability to meet client needs and navigate market dynamics.
Opportunities lie in expanding retirement solutions, leveraging global client relationships, and maintaining competitiveness through value proposition and fee strategies.

T. Rowe Price Group reports solid Q2 performance and growth

T. Rowe Price Group demonstrated strong performance in AUM and fund outperformance, particularly in equity and fixed income.
While facing challenges with net outflows, the company showcased growth in ETF business and financial metrics.
Opportunities exist in expanding ETF offerings, addressing outflows, and launching innovative products to drive future growth.

T. Rowe Price reports solid Q3 earnings and eyes growth opportunities

T. Rowe Price Group's Q3 2024 performance reflects resilience in asset management despite net outflows. The company's focus on expanding its ETF business and launching innovative retirement solutions, along with strong financial results, positions it well for future growth. Addressing challenges related to net outflows and capitalizing on growth opportunities will be key for T. Rowe Price's success.

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T. Rowe Price Group, Inc. engages in the provision of investment management services. The company was founded by Thomas Rowe Price Jr. in 1937 and is headquartered in Baltimore, MD.

T. Rowe Price's performance has been disappointing, with a -4.20% return over 5 years despite a strong bull market. Despite solid financials and a long history of dividend growth, the current dividend growth rate is unsustainable, making TROW less attractive for long-term dividend growth investors. Continuous negative net flows since 2021, especially among U.S. equity retail investors, are a major concern, even if AUM grows due to the bull market.

T. Rowe Price: Net Outflows Are Becoming A Problem

Although the revenue and EPS for T. Rowe (TROW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

T. Rowe (TROW) Reports Q3 Earnings: What Key Metrics Have to Say

T. Rowe Price Group, Inc. (NASDAQ:TROW ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Linsley Carruth - Director of IR Rob Sharps - CEO and President Jen Dardis - CFO Eric Veiel - Head of Global Investments Conference Call Participants Alexander Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Benjamin Budish - Barclays Capital Dan Fannon - Jefferies Ken Worthington - JPMorgan Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Patrick Davitt - Autonomous Research Brennan Hawken - UBS Mike Brown - Wells Fargo Securities Operator Good morning. My name is Daniel and I will be your conference facilitator today.

T. Rowe Price Group, Inc. (TROW) Q3 2024 Earnings Call Transcript

A rise in AUM balance and an increase in revenues support TROW'S Q3 2024 results. Yet, rising expenses remain a concern.

T. Rowe Price Q3 Earnings Beat on AUM Growth & Higher Revenues

T. Rowe Price (TROW) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.17 per share a year ago.

T. Rowe Price (TROW) Q3 Earnings Surpass Estimates

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'Elect' The Best: Top 7 Dividend Aristocrats For A 6% Yielding November

T. Rowe Price Group, Inc. has a long history of innovation and success, with a strong brand and business model providing 38 consecutive years of dividend growth. A pristine balance sheet, large net cash position, and high margins provide significant downside protection for T. Rowe Price Group stock. Rising AUM and increased flows into retirement accounts provide upside participation in bull markets.

T. Rowe Price: Safety And Growth, Moderating Outflows In Q3

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes?

T. Rowe Price (TROW) Could Be a Great Choice

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Rowe Price, Duke Energy, Philip Morris International and Regions Financial are included in this Analyst Blog.

The Zacks Analyst Blog Rowe Price, Duke Energy, Philip Morris International and Regions Financial

Investment in big corporates with regular dividend payments and a favorable Zacks Rank should be fruitful. Four such stocks are: TROW, DUK, PM, RF.

Buy 4 High-Yield, Large-Cap Dividend Stocks to Beat Volatile Markets

TROW's third-quarter 2024 results are likely to reflect the benefits of growth in AUM. Net outflow is expected to have acted as a spoilsport.

Rise in AUM Balance to Support T. Rowe Price This Earnings Season

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The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 39 months of tracking these strategies, all 3 strategies are generating a CAGR superior to NOBL while also offering a higher dividend yield.

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Beyond analysts' top -and-bottom-line estimates for T. Rowe (TROW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.

Stay Ahead of the Game With T. Rowe (TROW) Q3 Earnings: Wall Street's Insights on Key Metrics

T. Rowe (TROW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

T. Rowe Price (TROW) Earnings Expected to Grow: Should You Buy?

London, United Kingdom, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Lead Left Arranger for a private unitranche facility supporting the acquisition of Farsound Aviation Limited (“Farsound”) by private equity sponsor Onex. Farsound is a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul (“MRO”) market. OHA's extensive knowledge of the aerospace sector and experience from previous investments in the industry enabled it to play a key role in this LBO financing solution.

OHA is Lead Left Arranger of Private Unitranche Financing Supporting Acquisition of Farsound by Onex

Invesco

Investors with an interest in Financial - Investment Management stocks have likely encountered both Invesco (IVZ) and T. Rowe Price (TROW).

IVZ vs. TROW: Which Stock Is the Better Value Option?

T. Rowe (TROW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can T. Rowe (TROW) Keep the Earnings Surprise Streak Alive?

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Buy 4 October Dividend Aristocrats & Watch 10

TC Energy

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Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Affiliated Managers Group (AMG) and T. Rowe Price (TROW).

AMG vs. TROW: Which Stock Is the Better Value Option?

New York, New York, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as lead lender and Lead Left Arranger of a comprehensive debt refinancing solution for Alkegen, a global specialty materials platform providing high performance materials used in advanced applications. OHA is the largest lender across the new senior facility, which consists of new $1,925 million first lien term loan and notes facilities and a new $200 million first-out revolving credit facility. Proceeds will be used primarily to refinance in full Alkegen's existing first lien term loans, pay down outstanding borrowings under its revolver, extend maturities and provide liquidity runway for the company to execute on its growth and operational plans. In addition, a majority of existing holders of Alkegen's secured and unsecured notes due 2028 and 2029 exchanged their notes for new second lien notes due 2029. Alkegen is separately commencing an offer to exchange all of the remaining secured and unsecured notes for new second lien notes.

OHA is Lead Lender and Lead Left Arranger for Alkegen Debt Refinancing

T. Rowe Price is a global asset manager with a strong franchise in retirement and target date funds, currently trading at a low valuation. Despite recent poor performance and net outflows, fund performance is improving, and a bull market is boosting assets under management. The stock offers a higher-than-average dividend yield with excellent safety, making it a long-term buy for dividend growth investors.

T. Rowe Price: Be Patient Before Buying It

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News for T. Rowe Price Group Stock (TROW)