T. Rowe Price Group Past Earnings Performance
Past criteria checks 1/6
T. Rowe Price Group's earnings have been declining at an average annual rate of -0.01%, while the Capital Markets industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 5.5% per year. T. Rowe Price Group's return on equity is 16.2%, and it has net margins of 24.9%.
Key information
-0.006%
Earnings growth rate
1.4%
EPS growth rate
| Capital Markets Industry Growth | 5.2% |
| Revenue growth rate | 5.5% |
| Return on equity | 16.2% |
| Net Margin | 24.9% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How T. Rowe Price Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 6,343 | 1,578 | 1,103 | 0 |
| 30 Jun 23 | 6,260 | 1,511 | 1,095 | 0 |
| 31 Mar 23 | 6,163 | 1,378 | 1,093 | 0 |
| 31 Dec 22 | 6,488 | 1,522 | 1,069 | 0 |
| 30 Sep 22 | 6,926 | 1,984 | 1,045 | 0 |
| 30 Jun 22 | 7,292 | 2,367 | 1,140 | 0 |
| 31 Mar 22 | 7,708 | 2,828 | 996 | 0 |
| 31 Dec 21 | 7,672 | 3,002 | 937 | 0 |
| 30 Sep 21 | 7,443 | 3,043 | 904 | 0 |
| 30 Jun 21 | 7,085 | 2,911 | 881 | 0 |
| 31 Mar 21 | 6,571 | 2,703 | 861 | 0 |
| 31 Dec 20 | 6,207 | 2,307 | 845 | 0 |
| 30 Sep 20 | 5,943 | 2,076 | 878 | 0 |
| 30 Jun 20 | 5,773 | 1,983 | 873 | 0 |
| 31 Mar 20 | 5,753 | 1,897 | 861 | 0 |
| 31 Dec 19 | 5,618 | 2,076 | 846 | 0 |
| 30 Sep 19 | 5,454 | 1,888 | 804 | 0 |
| 30 Jun 19 | 5,422 | 1,926 | 795 | 0 |
| 31 Mar 19 | 5,372 | 1,863 | 782 | 0 |
| 31 Dec 18 | 5,373 | 1,794 | 780 | 0 |
| 30 Sep 18 | 5,365 | 1,790 | 781 | 0 |
| 30 Jun 18 | 5,209 | 1,603 | 758 | 0 |
| 31 Mar 18 | 5,050 | 1,530 | 748 | 0 |
| 31 Dec 17 | 4,855 | 1,464 | 723 | 0 |
| 30 Sep 17 | 4,649 | 1,496 | 581 | 0 |
| 30 Jun 17 | 4,503 | 1,435 | 473 | 0 |
| 31 Mar 17 | 4,361 | 1,268 | 353 | 0 |
| 31 Dec 16 | 4,285 | 1,190 | 618 | 0 |
| 30 Sep 16 | 4,184 | 1,117 | 248 | 0 |
| 30 Jun 16 | 4,140 | 1,070 | 241 | 0 |
| 31 Mar 16 | 4,168 | 1,201 | 240 | 0 |
| 31 Dec 15 | 4,201 | 1,207 | 239 | 0 |
| 30 Sep 15 | 4,171 | 1,220 | 234 | 0 |
| 30 Jun 15 | 4,143 | 1,247 | 229 | 0 |
| 31 Mar 15 | 4,055 | 1,218 | 226 | 0 |
| 31 Dec 14 | 3,982 | 1,215 | 220 | 0 |
| 30 Sep 14 | 3,890 | 1,188 | 220 | 0 |
| 30 Jun 14 | 3,753 | 1,156 | 219 | 0 |
| 31 Mar 14 | 3,623 | 1,099 | 223 | 0 |
| 31 Dec 13 | 3,484 | 1,038 | 223 | 0 |
| 30 Sep 13 | 3,344 | 984 | 219 | 0 |
| 30 Jun 13 | 3,229 | 962 | 220 | 0 |
| 31 Mar 13 | 3,112 | 922 | 217 | 0 |
| 31 Dec 12 | 3,023 | 878 | 213 | 0 |
Quality Earnings: TROW * has high quality earnings.
Growing Profit Margin: TROW *'s current net profit margins (24.9%) are lower than last year (28.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TROW *'s earnings have declined by 0.01% per year over the past 5 years.
Accelerating Growth: TROW *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TROW * had negative earnings growth (-20.5%) over the past year, making it difficult to compare to the Capital Markets industry average (8.9%).
Return on Equity
High ROE: TROW *'s Return on Equity (16.2%) is considered low.