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 -3.2%, while the Capital Markets industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 4.1% per year. T. Rowe Price Group's return on equity is 18.6%, and it has net margins of 28.3%.
Key information
-3.2%
Earnings growth rate
-2.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 4.1% |
| Return on equity | 18.6% |
| Net Margin | 28.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential
May 01T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01
T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next
Apr 30There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Apr 05T. Rowe Price: Mixed Signals (Technical Analysis)
Mar 27T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24
Feb 22Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results
Feb 10T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year
Feb 08T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm
Feb 02Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E
Dec 21T. Rowe Price: This Company Is A Gem
Oct 18T. Rowe Price slides as September AUM falls by 8% to $1.23T
Oct 12T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis
Sep 13T. Rowe Price: An Excellent Business At A Fair Price
Aug 16T. Rowe Price sees marginal increase in July AUM
Aug 10T. Rowe Price Non-GAAP EPS of $1.79 misses by $0.36, revenue of $1.51B misses by $170M
Jul 28T. Rowe Price AUM slides over 6% in June amid turbulent market conditions
Jul 13T. Rowe Price: High Dividend, Unclear Short-Term Future
Jul 07T. Rowe Price: An Obvious Investment Opportunity And Why I Just Went Long
Jun 06T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock
May 17Revenue & 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 |
|---|---|---|---|---|
| 31 Mar 24 | 6,673 | 1,891 | 1,156 | 0 |
| 31 Dec 23 | 6,461 | 1,744 | 1,168 | 0 |
| 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 | 1,094 | 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 | 969 | 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 |
Quality Earnings: TROW has high quality earnings.
Growing Profit Margin: TROW's current net profit margins (28.3%) are higher than last year (22.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TROW's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: TROW's earnings growth over the past year (37.3%) exceeds its 5-year average (-3.2% per year).
Earnings vs Industry: TROW earnings growth over the past year (37.3%) exceeded the Capital Markets industry 6.7%.
Return on Equity
High ROE: TROW's Return on Equity (18.6%) is considered low.