Ticker League

Latest period

$274.00M

YoY change

-35.2%

5Y CAGR

+5.0%

Peak year (2024)

$423.40M

CapEx history chart for T. Rowe Price (TROW) from 1989 to 2025

Latest: $274.20M

CapEx growth chart for T. Rowe Price (TROW) from 1989 to 2025

Latest: -35.2%

CapEx history table for T. Rowe Price (TROW) from 1989 to 2025

  • 2025$274.20M-35.2%
  • 2024$423.40M+37.5%
  • 2023$307.90M+29.6%
  • 2022$237.60M-0.6%
  • 2021$239.10M+11.4%
  • 2020$214.60M+4.9%
  • 2019$204.60M+21.4%
  • 2018$168.50M-9.5%
  • 2017$186.10M+25.5%
  • 2016$148.30M-2.0%
  • 2015$151.30M+19.9%
  • 2014$126.20M+19.3%
  • 2013$105.80M+37.6%
  • 2012$76.90M-6.6%
  • 2011$82.30M-30.3%
  • 2010$118.00M-11.9%
  • 2009$133.90M-7.1%
  • 2008$144.10M-1.0%
  • 2007$145.60M+54.2%
  • 2006$94.40M+82.2%
  • 2005$51.80M+20.3%
  • 2004$43.07M+35.7%
  • 2003$31.74M+21.9%
  • 2002$26.05M-37.0%
  • 2001$41.38M-51.7%
  • 2000$85.61M+10.6%
  • 1999$77.40M+36.7%
  • 1998$56.60M-19.3%
  • 1997$70.10M+19.2%
  • 1996$58.80M+146.0%
  • 1995$23.90M+37.4%
  • 1994$17.40M+42.6%
  • 1993$12.20M-34.4%
  • 1992$18.60M+313.3%
  • 1991$4.50M-56.7%
  • 1990$10.40M+271.4%
  • 1989$2.80M

CapEx values are taken from T. Rowe Price's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at T. Rowe Price (TROW)

According to T. Rowe Price's latest reported financial statements, the company's current CapEx (TTM) is $274.00M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of T. Rowe Price (TROW) CapEx is $274.20M – plunged 35.2% year-over-year.

Across 2020–2025 (5 years), T. Rowe Price CapEx produced a CAGR of +5.0% – with mixed annual results across the window.

Between 2024 and 2025, T. Rowe Price CapEx plunged 35.2%, falling from $423.40M to $274.20M.

2024 marks the peak CapEx at $423.40M, with the historical low of $2.80M recorded in 1989.

T. Rowe Price Capital Expenditures by Year

T. Rowe Price Capital Expenditures 2025: $274.20M

T. Rowe Price CapEx in 2025 was $274.20M, plunged 35.2% below 2024.

T. Rowe Price Capital Expenditures 2024: $423.40M

2024's CapEx for T. Rowe Price came in at $423.40M, surged 37.5% from 2023. This figure represents the highest annual value in the available history.

T. Rowe Price Capital Expenditures 2023: $307.90M

T. Rowe Price posted CapEx of $307.90M in 2023, grew 29.6% from 2022.

T. Rowe Price Capital Expenditures 2022: $237.60M

In 2022, T. Rowe Price reported CapEx of $237.60M, edged down 0.6% below 2021.

T. Rowe Price Capital Expenditures 2021: $239.10M

T. Rowe Price CapEx in 2021 was $239.10M.

See more financial history for T. Rowe Price (TROW).

Sector peers by CapEx

Financial Services peers of T. Rowe Price (TROW), ranked by their latest CapEx

Frequently asked questions