Net Income for T. Rowe Price (TROW)
According to T. Rowe Price's latest reported financial statements, the company's current net income (TTM) is $2.09B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
TROW
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.09B
YoY change
-0.6%
5Y CAGR
-2.5%
Peak year (2021)
$3.08B
Cumulative net income
$30.31B
Net Income history chart for T. Rowe Price (TROW) from 1985 to 2025
Net Income history table for T. Rowe Price (TROW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.09B | -0.6% | ||
| 2024 | $2.10B | +17.4% | ||
| 2023 | $1.79B | +14.8% | ||
| 2022 | $1.56B | -49.5% | ||
| 2021 | $3.08B | +29.9% | ||
| 2020 | $2.37B | +11.3% | ||
| 2019 | $2.13B | +16.0% | ||
| 2018 | $1.84B | +22.7% | ||
| 2017 | $1.50B | +23.3% | ||
| 2016 | $1.22B | -0.7% | ||
| 2015 | $1.22B | -0.5% | ||
| 2014 | $1.23B | +17.4% | ||
| 2013 | $1.05B | +18.6% | ||
| 2012 | $883.60M | +14.3% | ||
| 2011 | $773.20M | +15.0% | ||
| 2010 | $672.20M | +55.0% | ||
| 2009 | $433.60M | -11.7% | ||
| 2008 | $490.80M | -26.8% | ||
| 2007 | $670.60M | +26.6% | ||
| 2006 | $529.60M | +22.9% | ||
| 2005 | $431.00M | +27.8% | ||
| 2004 | $337.26M | +48.6% | ||
| 2003 | $227.00M | +17.0% | ||
| 2002 | $194.00M | -1.0% | ||
| 2001 | $196.00M | -27.1% | ||
| 2000 | $269.00M | +12.4% | ||
| 1999 | $239.40M | +37.5% | ||
| 1998 | $174.14M | +20.6% | ||
| 1997 | $144.40M | +46.6% | ||
| 1996 | $98.50M | +30.5% | ||
| 1995 | $75.50M | +23.4% | ||
| 1994 | $61.20M | +25.9% | ||
| 1993 | $48.60M | +35.8% | ||
| 1992 | $35.80M | +17.8% | ||
| 1991 | $30.40M | +45.5% | ||
| 1990 | $20.90M | -29.6% | ||
| 1989 | $29.70M | +11.7% | ||
| 1988 | $26.60M | +33.7% | ||
| 1987 | $19.90M | +34.5% | ||
| 1986 | $14.80M | +74.1% | ||
| 1985 | $8.50M | — |
Net Income 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
T. Rowe Price (TROW) most recent annual net income stands at $2.09B (2025) – edged down 0.6% year-over-year.
T. Rowe Price net income compound annual growth for the 2020–2025 (5 years) window is -2.5%, with a net decline across the window.
T. Rowe Price net income plunged from $3.08B in 2021 to $2.09B in 2025, a 32.3% drawdown.
Across the available history, net income reached its high of $3.08B in 2021 and its low of $8.50M in 1985.
Within Financial Services, T. Rowe Price (TROW) ranks 9th among 8 peers we track. The peer median for net income is $20.70B.
T. Rowe Price Net Income by Year
T. Rowe Price Net Income 2025: $2.09B
T. Rowe Price net income in 2025 was $2.09B, edged down 0.6% below 2024.
T. Rowe Price Net Income 2024: $2.10B
T. Rowe Price net income in 2024 was $2.10B, grew 17.4% from 2023.
T. Rowe Price Net Income 2023: $1.79B
T. Rowe Price net income in 2023 was $1.79B, grew 14.8% from 2022.
T. Rowe Price Net Income 2022: $1.56B
T. Rowe Price net income in 2022 was $1.56B, plunged 49.5% below 2021.
T. Rowe Price Net Income 2021: $3.08B
T. Rowe Price net income in 2021 was $3.08B.
See more financial history for T. Rowe Price (TROW).
Sector peers — Net Income
Companies in the same sector as T. Rowe Price, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Wells Fargo & Company (WFC) | $21.34B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
Frequently asked questions
What is T. Rowe Price's net income?
- Latest reported net income for T. Rowe Price (TROW) is $2.09B (period ending December 31, 2025).
How has T. Rowe Price net income changed year-over-year?
- T. Rowe Price (TROW) net income changed -0.6% year-over-year on the latest annual filing.
What is the long-term growth rate of T. Rowe Price net income?
- T. Rowe Price (TROW) net income compound annual growth rate is -2.5% over the most recent 5 years available.
When did T. Rowe Price net income hit its highest annual value?
- T. Rowe Price net income reached its highest annual value of $3.08B in 2021.
What was T. Rowe Price net income in 2024?
- T. Rowe Price (TROW) net income in 2024 was $2.10B.
What was T. Rowe Price net income in 2025?
- T. Rowe Price (TROW) net income in 2025 was $2.09B.
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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