Revenue segments as reported by the company.

Investment advisory fees

Capital allocation-based income

Administrative, distribution, and servicing fees

Revenue Segments

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

Operating Margin

Profit Margin

Margins

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

Growth

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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Cost of revenue

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EBITDA

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Minority interest

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Book value per share

Cash from operations

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Change in working capital

Cash from investing

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Other sources

Cash from financing

Change in stock

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Cash from other sources

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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.

Though inflation remains sticky, market conditions appear favorable for a growing U.S. economy and constructive for stock selection BALTIMORE , Nov. 19, 2024 /PRNewswire/ -- T. Rowe Price held its 42nd annual global market outlook press briefing today, featuring a panel of the firm's investment experts sharing their forecasts for the 2025 global financial markets.

T. ROWE PRICE EXPERTS SHARE 2025 OUTLOOK FOR GLOBAL FINANCIAL MARKETS

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why T. Rowe Price (TROW) is a Strong Momentum Stock

TROW reports an AUM of $1.61 trillion at the end of October 2024, increasing 1.5% from the previous month.

T. Rowe Price's October AUM Balance Declines 1.5% Sequentially

Ares Management

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

TROW or ARES: Which Is the Better Value Stock Right Now?

Archer-Daniels-Midland Company

Albemarle

Amcor Plc

Air Products and Chemicals

Atmos Energy

Franklin Resources

C.H. Robinson Worldwide

Chevron

Con Ed

Federal Realty Investment Trust

Hormel Foods

Johnson & Johnson

Kimberly-Clark

Kenvue

NextEra Energy

Realty Income Corp

PepsiCo

J. M. Smucker

Stanley Black & Decker

Target

November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast 12.5% to 20.12% net gains from the top-ten Aristocrat Dogs by November 2025, with NextEra Energy and Target leading the projections. Seven more Aristocrats, including Realty Income and Chevron, are within 50% of meeting the ideal dividend-to-price ratio, potentially becoming fair priced with market pressure.

67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs

Toronto-Dominion Bank

W. P. Carey

If you are looking for high yields, these three stocks offer way above-average yields and strong businesses.

3 Top High-Yield Financial Stocks to Buy in November With Yields as High as 6.3%

T. Rowe Price (TROW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TROW broke through the 200-day moving average, which suggests a long-term bullish trend.

T. Rowe Price (TROW) Recently Broke Out Above the 200-Day Moving Average

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

British American Tobacco

Enbridge

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Altria

First Financial

Election anxiety is reaching a fever pitch, and with stocks up 43% in the last year, many worry that a stock market bubble is about to burst. While the S&P is historically overvalued, individual stocks, including world-class dividend aristocrats, are not. Here are seven of the best ultra-yield aristocrats. They offer an average yield of over 6%, are 19% historically undervalued, and have 30% lower volatility than the S&P.

'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

Duke Energy

Philip Morris

Regions Financial

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

Abbott Labs

Becton, Dickinson and Co.

Genuine Parts

Medtronic

McCormick

Nordson

ProShares S&P 500 Dividend Aristocrats ETF

PPG Industries

SPDR S&P 500 ETF Trust

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.

My Best Dividend Aristocrats For November 2024

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?

HCI Group

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

News for T. Rowe Price Group Stock (TROW)