TTM
$2.24B
YoY change
-6.2%
5Y CAGR
-4.4%
Peak year (2021)
$3.71B
Cumulative operating income
$45.34B
Operating Income history chart for T. Rowe Price (TROW) from 1985 to 2025
Latest: $2.19B
Operating Income growth chart for T. Rowe Price (TROW) from 1985 to 2025
Latest: -6.2%
Operating Income history table for T. Rowe Price (TROW) from 1985 to 2025
| 2025 | $2.19B | -6.2% | −$144.50M | ||
| 2024 | $2.33B | +17.5% | +$347.10M | ||
| 2023 | $1.99B | -16.3% | −$387.50M | ||
| 2022 | $2.37B | -36.0% | −$1.34B | ||
| 2021 | $3.71B | +35.1% | +$964.30M | ||
| 2020 | $2.75B | +15.0% | +$358.70M | ||
| 2019 | $2.39B | +1.1% | +$25.60M | ||
| 2018 | $2.36B | +12.0% | +$252.60M | ||
| 2017 | $2.11B | +21.7% | +$375.40M | ||
| 2016 | $1.73B | -8.7% | −$165.50M | ||
| 2015 | $1.90B | +0.4% | +$8.00M | ||
| 2014 | $1.89B | +15.5% | +$253.50M | ||
| 2013 | $1.64B | +20.0% | +$273.10M | ||
| 2012 | $1.36B | +11.2% | +$137.40M | ||
| 2011 | $1.23B | +18.4% | +$190.40M | ||
| 2010 | $1.04B | +47.7% | +$334.90M | ||
| 2009 | $701.60M | -17.3% | −$146.90M | ||
| 2008 | $848.50M | -14.8% | −$147.90M | ||
| 2007 | $996.40M | +26.6% | +$209.50M | ||
| 2006 | $786.90M | +20.1% | +$131.90M | ||
| 2005 | $655.00M | +24.7% | +$129.72M | ||
| 2004 | $525.28M | +43.9% | +$160.28M | ||
| 2003 | $365.00M | +13.7% | +$44.00M | ||
| 2002 | $321.00M | +3.2% | +$10.00M | ||
| 2001 | $311.00M | -24.0% | −$98.00M | ||
| 2000 | $409.00M | -1.4% | −$5.94M | ||
| 1999 | $414.94M | +32.6% | +$102.13M | ||
| 1998 | $312.81M | -66.2% | −$611.69M | ||
| 1997 | $924.50M | +23.8% | +$177.50M | ||
| 1996 | $747.00M | +34.2% | +$190.30M | ||
| 1995 | $556.70M | +15.3% | +$73.70M | ||
| 1994 | $483.00M | +9.4% | +$41.70M | ||
| 1993 | $441.30M | +23.9% | +$85.10M | ||
| 1992 | $356.20M | +23.9% | +$68.60M | ||
| 1991 | $287.60M | +17.8% | +$43.40M | ||
| 1990 | $244.20M | +10.9% | +$24.00M | ||
| 1989 | $220.20M | -7.9% | −$18.80M | ||
| 1988 | $239.00M | +5.4% | +$12.20M | ||
| 1987 | $226.80M | +18.5% | +$35.40M | ||
| 1986 | $191.40M | +25.3% | +$38.60M | ||
| 1985 | $152.80M | — | — |
- 2025$2.19B-6.2%
- 2024$2.33B+17.5%
- 2023$1.99B-16.3%
- 2022$2.37B-36.0%
- 2021$3.71B+35.1%
- 2020$2.75B+15.0%
- 2019$2.39B+1.1%
- 2018$2.36B+12.0%
- 2017$2.11B+21.7%
- 2016$1.73B-8.7%
- 2015$1.90B+0.4%
- 2014$1.89B+15.5%
- 2013$1.64B+20.0%
- 2012$1.36B+11.2%
- 2011$1.23B+18.4%
- 2010$1.04B+47.7%
- 2009$701.60M-17.3%
- 2008$848.50M-14.8%
- 2007$996.40M+26.6%
- 2006$786.90M+20.1%
- 2005$655.00M+24.7%
- 2004$525.28M+43.9%
- 2003$365.00M+13.7%
- 2002$321.00M+3.2%
- 2001$311.00M-24.0%
- 2000$409.00M-1.4%
- 1999$414.94M+32.6%
- 1998$312.81M-66.2%
- 1997$924.50M+23.8%
- 1996$747.00M+34.2%
- 1995$556.70M+15.3%
- 1994$483.00M+9.4%
- 1993$441.30M+23.9%
- 1992$356.20M+23.9%
- 1991$287.60M+17.8%
- 1990$244.20M+10.9%
- 1989$220.20M-7.9%
- 1988$239.00M+5.4%
- 1987$226.80M+18.5%
- 1986$191.40M+25.3%
- 1985$152.80M—
Operating Income values are taken from T. Rowe Price's reported income 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 Operating Income at T. Rowe Price (TROW)
According to T. Rowe Price's latest reported financial statements, the company's current operating income (TTM) is $2.24B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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) operating income is $2.19B – declined 6.2% year-over-year.
Across 2020–2025 (5 years), T. Rowe Price operating income produced a CAGR of -4.4% – with a net decline across the window.
Between 2021 and 2025, T. Rowe Price operating income plunged 41.0%, falling from $3.71B to $2.19B.
The record annual operating income stands at $3.71B, reached in 2021; the historical low of $152.80M was recorded in 1985.
T. Rowe Price Operating Income by Year
T. Rowe Price Operating Income 2025: $2.19B
T. Rowe Price operating income in 2025 was $2.19B, declined 6.2% below 2024.
T. Rowe Price Operating Income 2024: $2.33B
2024's operating income for T. Rowe Price came in at $2.33B, grew 17.5% from 2023.
T. Rowe Price Operating Income 2023: $1.99B
T. Rowe Price posted operating income of $1.99B in 2023, declined 16.3% below 2022.
T. Rowe Price Operating Income 2022: $2.37B
In 2022, T. Rowe Price reported operating income of $2.37B, plunged 36.0% below 2021.
T. Rowe Price Operating Income 2021: $3.71B
T. Rowe Price operating income in 2021 was $3.71B.
See more financial history for T. Rowe Price (TROW).
Sector peers by Operating Income
Financial Services peers of T. Rowe Price (TROW), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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T. Rowe Price (TROW) Key Financials
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