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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Albemarle

ChampionX

CME Group

Chart Industries

McDonald's

Microsoft

Micron Technology

NVIDIA

Roku

Earlier this month, Finbold released an article about ‘The GPT Portfolio' – a group of investors who are managing a $50,000 portfolio of stocks based entirely on OpenAI's ChatGPT suggestions.

Here's how a ChatGPT-based stock portfolio performed last week

T. Rowe Price (TROW) records an AUM balance of $1.43 trillion for July 2023, up 2.4% from the previous month.

T. Rowe Price (TROW) Marks a 2.4% Sequential Rise in July AUM

AbbVie

Amcor Plc

Air Products and Chemicals

Franklin Resources

Chevron

Essex Property Trust

Federal Realty Investment Trust

Medtronic

NextEra Energy

Realty Income Corp

Sysco

Target

Walgreens

"Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years. " - Kiplinger.com/Investing. 66 Aristocrats, screened as of August 9, 2023, represented all eleven Morningstar Sectors. Broker estimated-top-ten net gains ranged 15.54%-31.28% topped by TGT and NEE. By yield, WBA topped-all Aristocrats. Top-ten Yields from ESS, ABBV, FRT, BEN, TROW, IBM, AMCR, O, MMM, & WBA, averaged 4.78%.

3 Dividend Aristocrat Buys For August And 6 To Watch

BALTIMORE , Aug. 10, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.43 trillion as of July 31, 2023.

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JULY 2023

Blackrock Inc

Asset managers can be a good source of cash flows, especially during bull markets. BlackRock is the world's largest asset manager.

2 Top Asset Management Stocks to Buy in August

T. Rowe Price is a good value for income and growth, offering a stable dividend and potential for double-digit total returns. The company reported a decent quarter, with net revenue growing by 6.4% YoY and strong performance in its target date franchise. TROW is expanding into the alternative asset management space and has a fortress balance sheet with plenty of cash on hand for capital returns.

T. Rowe Price: Buy This Undervalued Dividend Aristocrat

BALTIMORE , Aug. 3, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has elected Cynthia Smith as an independent director of the company.

T. ROWE PRICE GROUP ADDS CYNTHIA SMITH AS INDEPENDENT DIRECTOR

Clorox

Ecolab

Hormel Foods

Nordson

ProShares S&P 500 Dividend Aristocrats ETF

SPDR S&P 500 ETF Trust

Stanley Black & Decker

V.F.

The ProShares S&P 500 Dividend Aristocrat ETF had a strong month in June with a gain of 8.08%, year-to-date the Fund is up 5.72%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After nearly two full years of tracking these strategies, all 3 buy-and-hold portfolios continue to generate alpha over NOBL and SPY.

My Best Dividend Aristocrats For August 2023

Although the revenue and EPS for T. Rowe (TROW) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, T. Rowe (TROW) Q2 Earnings: A Look at Key Metrics

T. Rowe Price Group, Inc. (NASDAQ:TROW ) Q2 2023 Earnings Conference Call July 28, 2023 8:00 AM ET Company Participants Linsley Carruth - Director of Investor Relations Rob Sharps - Chief Executive Officer and President Jen Dardis - Chief Financial Officer Conference Call Participants Ken Worthington - JPMorgan Finian O'Shea - Wells Fargo Securities Dan Fannon - Jefferies Craig Siegenthaler - Bank of America Glenn Schorr - Evercore Brian Bedell - Deutsche Bank Brennan Hawken - UBS Mike Brown - KBW Patrick Davitt - Autonomous Michael Cyprys - Morgan Stanley Operator Good morning. My name is Gigi, and I'll be your conference facilitator today.

T. Rowe Price Group, Inc. (TROW) Q2 2023 Earnings Call Transcript

T. Rowe Price (TROW) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.79 per share a year ago.

T. Rowe Price (TROW) Q2 Earnings and Revenues Beat Estimates

T. Rowe Price Group Inc. TROW, -1.42% stock was up 1% in premarket trades on Friday after the money management company's second-quarter profit topped Wall Street expectations. T. Rowe Price said its profit for the three months ended June 30 jumped by 40% to $476.4 million or $2.06 a share, from $339.6 million, or $1.46 a share, in the year-ago quarter.

T. Rowe Price stock rises on stronger-than-expected profit

BALTIMORE , July 28, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the second quarter of 2023.

T. ROWE PRICE GROUP REPORTS SECOND QUARTER 2023 RESULTS

Apple

Broadcom

Cigna

Cummins

General Dynamics

Lockheed Martin

Lam Research

LyondellBasell Industries

Medical Properties Trust

National Retail Properties

Novo Nordisk

Pfizer

AT&T

Taiwan Semiconductor Manufacturing

Tyson Foods

Texas Instruments

Union Pacific

Visa

I'm your main street neighbor investor in his mid-30s sharing his brokerage account investment journey pursuing a dividend growth strategy. Dividends received YTD totaling $4155 up 18% compared to the same period last year. I believe the current market is strained but I keep investing as often as I can to ensure time in the market as opposed to timing the market.

My International Portfolio: Approaching Another Major Milestone And Looking Into Recent Additions

T. Rowe Price Group Inc. TROW, -0.21% has reduced its global head count by 2%, or about 150 people, a spokesperson for the firm confirmed to MarketWatch. The job cuts took place last week, said the layoffs were a “difficult decision” and that the departing employees had provided “many contributions to our firm.

T. Rowe Price cuts 2% of staff or about 150 people

T. Rowe Price (TROW) is expected to have witnessed AUM growth in the second quarter of 2023, supported by a decent equity market performance. This is likely to have driven investment advisory fees.

What's in Store for T. Rowe Price (TROW) in Q2 Earnings?

EOG Resources

East West Bancorp

Intercontinental Exchange

The majority of companies on the Undervalued Dividend Stocks Watchlist have seen positive price performance, with East West Bancorp, EOG Resources, Intercontinental Exchange, Nordson, and T. Rowe Price showing impressive growth. Investors should consider dividend yield, earnings growth, and debt metrics when determining if a company is undervalued and worth investing in. Next week will include earnings announcements of some big players that could push the market higher or alternatively cut the party short.

Undervalued Dividend Stocks Watchlist - Five Dividend Growth Stocks Leading The Way

Roper Technologies

West Pharmaceutical Services

The stock market has been on an absolute tear this year with the S&P 500 up 19% and the Nasdaq 100 up a whopping 42.6% YTD.

Worried About Market Froth? Buy These 3 Dividend Stocks

Principal Financial Group

Investors looking for stocks in the Financial - Investment Management sector might want to consider either Principal Financial (PFG) or T. Rowe Price (TROW).

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

Here is how T. Rowe Price (TROW) and VersaBank (VBNK) have performed compared to their sector so far this year.

Is T. Rowe Price (TROW) Outperforming Other Finance Stocks This Year?

News for T. Rowe Price Group Stock (TROW)