| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net revenues | $593.9M+1.0% | $588.0M+6.7% | $550.9M-4.0% | $573.6M-0.0% | $573.8M+11.7% | $513.6M+1.6% | $505.4M-3.2% | $522.0M-6.6% | $559.1M |
| Compensation and related costs | $2.87B+4.0% | $2.76B+3.2% | $2.67B+15.2% | $2.32B-2.6% | $2.38B+9.2% | $2.18B+10.8% | $1.97B+8.9% | $1.81B+8.6% | $1.66B |
| Distribution and servicing costs | $383.5M+8.3% | $354.1M+22.1% | $289.9M-3.8% | $301.5M-19.4% | $373.9M+34.3% | $278.5M+6.1% | $262.5M-6.7% | $281.2M+7.1% | $262.6M |
| Advertising and promotion costs | $107.4M-17.1% | $129.6M+13.5% | $114.2M+17.4% | $97.3M-2.9% | $100.2M+19.7% | $83.7M-13.5% | $96.8M-2.8% | $99.6M+7.8% | $92.4M |
| Product and recordkeeping related costs | $312.9M+5.2% | $297.5M+2.2% | $291.0M-3.0% | $300.1M+27.0% | $236.3M+52.0% | $155.5M+1.5% | $153.2M-2.5% | $157.1M+7.6% | $146.0M |
| Technology, occupancy, and facility costs | $723.6M+12.3% | $644.1M+1.8% | $632.6M+12.9% | $560.5M+15.6% | $484.9M+9.0% | $444.8M+4.1% | $427.3M+11.3% | $383.9M+9.5% | $350.5M |
| General, administrative, and other costs | $441.9M+1.9% | $433.8M+3.0% | $421.3M+2.2% | $412.2M+7.5% | $383.6M+21.4% | $316.1M-1.8% | $321.9M+8.8% | $296.0M+5.8% | $279.7M |
| Change in fair value of contingent consideration | $0+100.0% | -$13.4M+83.7% | -$82.4M+48.9% | -$161.2M | $0 | $0 | — | — | — |
| Acquisition-related amortization and impairment costs | $111.3M-29.0% | $156.7M+16.8% | $134.2M-52.7% | $283.5M | $0 | $0 | — | — | — |
| Restructuring charge | $177.3M | $0 | $0 | — | — | — | — | — | — |
| Total operating expenses | $5.13B+7.7% | $4.76B+6.4% | $4.47B+8.7% | $4.11B+3.9% | $3.96B+14.5% | $3.46B+7.1% | $3.23B+7.3% | $3.01B+9.7% | $2.75B |
| Net operating income | $2.19B-6.2% | $2.33B+17.5% | $1.99B-16.3% | $2.37B-36.0% | $3.71B+35.1% | $2.75B+15.0% | $2.39B+1.1% | $2.36B+12.0% | $2.11B |
| Net gains on investments | $464.9M+28.0% | $363.2M+2.3% | $355.2M+273.5% | -$204.7M-194.9% | $215.8M-12.6% | $246.8M-5.2% | $260.4M+118.5% | $119.2M-39.9% | $198.3M |
| Net gains on consolidated investment products | $219.9M+68.8% | $130.3M-20.8% | $164.6M+180.9% | -$203.5M-372.4% | $74.7M-70.3% | $251.7M-7.8% | $272.9M+393.8% | -$92.9M-147.9% | $193.9M |
| Other gains (losses), including foreign currency gains (losses) | $1.9M+126.4% | -$7.2M+54.1% | -$15.7M+9.2% | -$17.3M-193.2% | -$5.9M-195.0% | -$2.0M-128.6% | $7.0M+325.8% | -$3.1M-175.6% | $4.1M |
| Total non-operating income | $686.7M+41.2% | $486.3M-3.5% | $504.1M+218.5% | -$425.5M-249.5% | $284.6M-42.7% | $496.5M-8.1% | $540.3M+2228.9% | $23.2M-94.1% | $396.3M |
| Income before income taxes | $2.88B+2.0% | $2.82B+13.2% | $2.49B+27.8% | $1.95B-51.2% | $3.99B+23.2% | $3.24B+10.8% | $2.93B+22.8% | $2.38B-4.8% | $2.51B |
| Provision for income taxes | $667.2M-2.4% | $683.8M+4.5% | $654.6M+31.3% | $498.6M-44.4% | $896.1M+24.6% | $718.9M+6.0% | $678.4M+10.1% | $615.9M-33.3% | $923.9M |
| Net income | $2.21B+3.4% | $2.14B+16.3% | $1.84B+26.6% | $1.45B-53.2% | $3.10B+22.8% | $2.52B+12.2% | $2.25B+27.1% | $1.77B+11.9% | $1.58B |
| Less: net income attributable to redeemable non-controlling interests | $121.2M+239.5% | $35.7M-24.0% | $47.0M+143.4% | -$108.3M-794.2% | $15.6M-89.6% | $150.6M+28.1% | $117.6M+270.9% | -$68.8M-182.5% | $83.4M |
| Net income attributable to T. Rowe Price Group | $2.09B-0.6% | $2.10B+17.4% | $1.79B+14.8% | $1.56B-49.5% | $3.08B+29.9% | $2.37B+11.3% | $2.13B+16.0% | $1.84B+22.7% | $1.50B |
| Basic (in dollars per share) | $9260000.00+0.9% | $9180000.00+18.0% | $7780000.00+15.6% | $6730000.00-49.2% | $13250000.00+31.4% | $10080000.00+14.3% | $8820000.00+19.0% | $7410000.00+22.1% | $6070000.00 |
| Diluted (in dollars per share) | $9240000.00+1.0% | $9150000.00+17.9% | $7760000.00+15.8% | $6700000.00-48.9% | $13120000.00+31.5% | $9980000.00+14.7% | $8700000.00+19.7% | $7270000.00+21.8% | $5970000.00 |
| Investment advisory fees | |||||||||
| Performance-based advisory fees | |||||||||
| Capital allocation-based income | |||||||||
| Administrative, distribution, services, and other fees | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.