T. Rowe Price Group, Inc.

XTRA:TR1 Stock Report

Market Cap: €24.7b

T. Rowe Price Group Past Earnings Performance

Past criteria checks 4/6

T. Rowe Price Group's earnings have been declining at an average annual rate of -5.1%, while the Capital Markets industry saw earnings growing at 1.9% annually. Revenues have been growing at an average rate of 2.8% per year. T. Rowe Price Group's return on equity is 19.5%, and it has net margins of 29.5%.

Key information

-5.1%

Earnings growth rate

-4.2%

EPS growth rate

Capital Markets Industry Growth15.2%
Revenue growth rate2.8%
Return on equity19.5%
Net Margin29.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How T. Rowe Price Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XTRA:TR1 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,9112,0421,2040
30 Jun 246,7961,8971,1810
31 Mar 246,6731,8911,1560
31 Dec 236,4611,7441,1680
30 Sep 236,3431,5781,1030
30 Jun 236,2601,5119680
31 Mar 236,1631,3781,0940
31 Dec 226,4881,5221,0690
30 Sep 226,9261,9841,0450
30 Jun 227,2922,3671,1400
31 Mar 227,7082,8289690
31 Dec 217,6723,0029370
30 Sep 217,4433,0439040
30 Jun 217,0852,9118810
31 Mar 216,5712,7038610
31 Dec 206,2072,3078450
30 Sep 205,9432,0768780
30 Jun 205,7731,9838730
31 Mar 205,7531,8978610
31 Dec 195,6182,0768460
30 Sep 195,4541,8888040
30 Jun 195,4221,9267950
31 Mar 195,3721,8637820
31 Dec 185,3731,7947800
30 Sep 185,3651,7907810
30 Jun 185,2091,6037580
31 Mar 185,0501,5307480
31 Dec 174,8551,4647230
30 Sep 174,6491,4965810
30 Jun 174,5031,4354730
31 Mar 174,3611,2683530
31 Dec 164,2851,1906180
30 Sep 164,1841,1172480
30 Jun 164,1401,0702410
31 Mar 164,1681,2012400
31 Dec 154,2011,2072390
30 Sep 154,1711,2202340
30 Jun 154,1431,2472290
31 Mar 154,0551,2182260
31 Dec 143,9821,2152200
30 Sep 143,8901,1882200
30 Jun 143,7531,1562190
31 Mar 143,6231,0992230
31 Dec 133,4841,0382230

Quality Earnings: TR1 has high quality earnings.

Growing Profit Margin: TR1's current net profit margins (29.5%) are higher than last year (24.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TR1's earnings have declined by 5.1% per year over the past 5 years.

Accelerating Growth: TR1's earnings growth over the past year (29.4%) exceeds its 5-year average (-5.1% per year).

Earnings vs Industry: TR1 earnings growth over the past year (29.4%) exceeded the Capital Markets industry 11.6%.

Return on Equity

High ROE: TR1's Return on Equity (19.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

T. Rowe Price Group, Inc. is covered by 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Roger FreemanBarclays
Benjamin BudishBarclays