EBITDA for T. Rowe Price (TROW)
According to T. Rowe Price's latest reported financial statements, the company's current EBITDA (TTM) is $2.88B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TROW
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.88B
YoY change
-3.4%
5Y CAGR
-0.4%
Peak year (2021)
$3.91B
Cumulative EBITDA
$49.99B
EBITDA history chart for T. Rowe Price (TROW) from 1985 to 2025
EBITDA history table for T. Rowe Price (TROW) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.88B | -3.4% | ||
| 2024 | $2.98B | +18.3% | ||
| 2023 | $2.52B | -19.8% | ||
| 2022 | $3.14B | -19.7% | ||
| 2021 | $3.91B | +33.4% | ||
| 2020 | $2.94B | +13.9% | ||
| 2019 | $2.58B | +2.9% | ||
| 2018 | $2.51B | +13.8% | ||
| 2017 | $2.20B | +13.9% | ||
| 2016 | $1.93B | -4.6% | ||
| 2015 | $2.03B | +1.1% | ||
| 2014 | $2.00B | +15.9% | ||
| 2013 | $1.73B | +19.6% | ||
| 2012 | $1.45B | +11.2% | ||
| 2011 | $1.30B | +18.2% | ||
| 2010 | $1.10B | +43.3% | ||
| 2009 | $767.30M | -15.8% | ||
| 2008 | $910.80M | -13.3% | ||
| 2007 | $1.05B | +26.0% | ||
| 2006 | $833.40M | +19.5% | ||
| 2005 | $697.30M | +23.4% | ||
| 2004 | $565.30M | +54.9% | ||
| 2003 | $365.00M | -60.5% | ||
| 2002 | $924.00M | +197.1% | ||
| 2001 | $311.00M | -24.0% | ||
| 2000 | $409.00M | -8.8% | ||
| 1999 | $448.32M | +29.5% | ||
| 1998 | $346.17M | -63.7% | ||
| 1997 | $953.50M | +24.6% | ||
| 1996 | $765.10M | +33.9% | ||
| 1995 | $571.30M | +15.9% | ||
| 1994 | $493.10M | +9.7% | ||
| 1993 | $449.30M | +23.6% | ||
| 1992 | $363.60M | +23.4% | ||
| 1991 | $294.70M | +17.7% | ||
| 1990 | $250.40M | +10.8% | ||
| 1989 | $226.00M | -5.4% | ||
| 1988 | $239.00M | +5.4% | ||
| 1987 | $226.80M | +18.5% | ||
| 1986 | $191.40M | +25.3% | ||
| 1985 | $152.80M | — |
EBITDA values are taken from T. Rowe Price's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for T. Rowe Price (TROW) came in at $2.88B – edged down 3.4% year-over-year.
T. Rowe Price EBITDA compound annual growth for the 2020–2025 (5 years) window is -0.4%, with a net decline across the window.
T. Rowe Price EBITDA peaked at $3.91B in 2021; the latest annual figure is $2.88B in 2025 (26.5% below peak).
$3.91B stands as the all-time-high annual EBITDA, posted in 2021, against a low of $152.80M during 1985.
Among 8 Financial Services peers, T. Rowe Price (TROW) ranks 9th; the peer median for EBITDA is $27.98B.
T. Rowe Price EBITDA by Year
T. Rowe Price EBITDA 2025: $2.88B
T. Rowe Price EBITDA in 2025 was $2.88B, edged down 3.4% below 2024.
T. Rowe Price EBITDA 2024: $2.98B
T. Rowe Price EBITDA in 2024 was $2.98B, grew 18.3% from 2023.
T. Rowe Price EBITDA 2023: $2.52B
T. Rowe Price EBITDA in 2023 was $2.52B, declined 19.8% below 2022.
T. Rowe Price EBITDA 2022: $3.14B
T. Rowe Price EBITDA in 2022 was $3.14B, declined 19.7% below 2021.
T. Rowe Price EBITDA 2021: $3.91B
T. Rowe Price EBITDA in 2021 was $3.91B.
See more financial history for T. Rowe Price (TROW).
Sector peers — EBITDA
Companies in the same sector as T. Rowe Price, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is T. Rowe Price's EBITDA?
- Latest reported EBITDA for T. Rowe Price (TROW) is $2.88B (period ending December 31, 2025).
How has T. Rowe Price EBITDA changed year-over-year?
- T. Rowe Price (TROW) EBITDA changed -3.4% year-over-year on the latest annual filing.
What is the long-term growth rate of T. Rowe Price EBITDA?
- T. Rowe Price (TROW) EBITDA compound annual growth rate is -0.4% over the most recent 5 years available.
When did T. Rowe Price EBITDA hit its highest annual value?
- T. Rowe Price EBITDA reached its highest annual value of $3.91B in 2021.
What was T. Rowe Price EBITDA in 2024?
- T. Rowe Price (TROW) EBITDA in 2024 was $2.98B.
What was T. Rowe Price EBITDA in 2025?
- T. Rowe Price (TROW) EBITDA in 2025 was $2.88B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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