T. Rowe Price Group, Inc. (TROW) Financial Statements
T. Rowe Price financial statements at a glance
T. Rowe Price reported revenue of $7.31 billion for fiscal year 2025 (ended December 31, 2025), up 3.1% from fiscal year 2024. Net income was $2.09 billion, a net margin of 28.5%.
At the end of fiscal year 2025 it had total assets of $14.34 billion, total liabilities of $3.48 billion and shareholders' equity of $10.86 billion, with total debt of $21.80 million.
Its operations brought in $1.75 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
T. Rowe Price Group, Inc.
Income Statement
Annual • USD
T. Rowe Price key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $7.3B | $7.1B | $6.5B | $6.5B | $7.7B |
| Gross profit | – | – | – | – | $4.7B |
| Operating income | $2.2B | $2.3B | $2.0B | $2.4B | $3.7B |
| Net income | $2.1B | $2.1B | $1.8B | $1.6B | $3.0B |
| Diluted EPS | – | – | – | – | $13.12 |
| Total assets | $14.3B | $13.5B | $12.3B | $11.6B | $12.5B |
| Total liabilities | $3.5B | $3.1B | $2.8B | $2.8B | $2.3B |
| Shareholders' equity | $10.9B | $10.3B | $9.5B | $8.8B | $9.0B |
| Cash | – | – | – | – | $1.5B |
| Total debt | $21.8M | $59.1M | $89.4M | $103.0M | $249.2M |
| Operating cash flow | $1.8B | $1.7B | $1.2B | $2.4B | $3.5B |
| Capital spending | – | – | – | – | $239.1M |
| Free cash flow | – | – | – | – | $3.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was T. Rowe Price's revenue in fiscal year 2025?
$7.31 billion, up 3.1% from $7.09 billion in fiscal year 2024.
How much profit does T. Rowe Price make?
T. Rowe Price reported net income of $2.09 billion for fiscal year 2025 (28.5% of revenue); operating income was $2.19 billion.
How much cash and debt does T. Rowe Price have?
At the end of fiscal year 2025: total debt of $21.80 million.
