Shares Outstanding for T. Rowe Price (TROW)
According to T. Rowe Price's latest reported financial statements, the company's latest reported diluted shares outstanding is 223.77M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
TROW
Currently viewingShares OutstandingSwitch metric
Latest period
223.77M
YoY change
+0.2%
5Y CAGR
-0.7%
Peak year (2007)
279.20M
Latest annual
223.77M
Shares Outstanding history chart for T. Rowe Price (TROW) from 1985 to 2025
Shares Outstanding history table for T. Rowe Price (TROW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 223.77M | +0.2% | ||
| 2024 | 223.30M | -0.7% | ||
| 2023 | 224.80M | -1.0% | ||
| 2022 | 227.10M | -0.7% | ||
| 2021 | 228.80M | -1.0% | ||
| 2020 | 231.20M | -3.1% | ||
| 2019 | 238.60M | -3.4% | ||
| 2018 | 246.90M | +0.7% | ||
| 2017 | 245.10M | -2.1% | ||
| 2016 | 250.30M | -4.1% | ||
| 2015 | 260.90M | -2.4% | ||
| 2014 | 267.40M | +0.4% | ||
| 2013 | 266.30M | +2.0% | ||
| 2012 | 261.00M | -0.9% | ||
| 2011 | 263.30M | -0.7% | ||
| 2010 | 265.10M | +1.1% | ||
| 2009 | 262.30M | -2.9% | ||
| 2008 | 270.10M | -3.3% | ||
| 2007 | 279.20M | +0.2% | ||
| 2006 | 278.70M | +2.0% | ||
| 2005 | 273.20M | +1.8% | ||
| 2004 | 268.27M | +4.0% | ||
| 2003 | 257.95M | +1.1% | ||
| 2002 | 255.26M | -1.0% | ||
| 2001 | 257.89M | -0.3% | ||
| 2000 | 258.65M | -0.1% | ||
| 1999 | 258.82M | -0.4% | ||
| 1998 | 259.91M | +1.7% | ||
| 1997 | 255.58M | +3.8% | ||
| 1996 | 246.25M | -0.5% | ||
| 1995 | 247.54M | +1.1% | ||
| 1994 | 244.80M | -1.8% | ||
| 1993 | 249.23M | +4.4% | ||
| 1992 | 238.67M | +2.1% | ||
| 1991 | 233.85M | +0.7% | ||
| 1990 | 232.22M | -2.3% | ||
| 1989 | 237.60M | +2.7% | ||
| 1988 | 231.30M | -1.2% | ||
| 1987 | 234.12M | +2.8% | ||
| 1986 | 227.69M | +7.1% | ||
| 1985 | 212.50M | — |
Shares Outstanding 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 diluted shares outstanding for T. Rowe Price (TROW) came in at 223.77M – edged up 0.2% year-over-year.
Across 2020–2025 (5 years), T. Rowe Price diluted shares outstanding produced a CAGR of -0.7% – with a net decline across the window.
T. Rowe Price diluted shares outstanding declined from 279.20M in 2007 to 223.77M in 2025, a 19.9% drawdown.
The highest annual diluted shares outstanding of 279.20M was reported in 2007. The lowest in the available history was 212.50M in 1985.
Within Financial Services, T. Rowe Price (TROW) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 2.06B.
T. Rowe Price Shares Outstanding by Year
T. Rowe Price Shares Outstanding 2025: 223.77M
T. Rowe Price diluted shares outstanding in 2025 was 223.77M, edged up 0.2% from 2024.
T. Rowe Price Shares Outstanding 2024: 223.30M
T. Rowe Price diluted shares outstanding in 2024 was 223.30M, edged down 0.7% below 2023.
T. Rowe Price Shares Outstanding 2023: 224.80M
T. Rowe Price diluted shares outstanding in 2023 was 224.80M, edged down 1.0% below 2022.
T. Rowe Price Shares Outstanding 2022: 227.10M
T. Rowe Price diluted shares outstanding in 2022 was 227.10M, edged down 0.7% below 2021.
T. Rowe Price Shares Outstanding 2021: 228.80M
T. Rowe Price diluted shares outstanding in 2021 was 228.80M.
See more financial history for T. Rowe Price (TROW).
Sector peers — Shares Outstanding
Companies in the same sector as T. Rowe Price, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | 7.55B | Financial Services |
| Wells Fargo & Company (WFC) | 3.22B | Financial Services |
| JPMorgan Chase & Co. (JPM) | 2.79B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | 2.16B | Financial Services |
| Visa Inc. (V) | 1.97B | Financial Services |
| Morgan Stanley (MS) | 1.59B | Financial Services |
| Mastercard Incorporated (MA) | 898.00M | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | 317.60M | Financial Services |
Frequently asked questions
What is T. Rowe Price's diluted shares outstanding?
- Latest reported diluted shares outstanding for T. Rowe Price (TROW) is 223.77M (period ending December 31, 2025).
How has T. Rowe Price diluted shares outstanding changed year-over-year?
- T. Rowe Price (TROW) diluted shares outstanding changed +0.2% year-over-year on the latest annual filing.
What is the long-term growth rate of T. Rowe Price diluted shares outstanding?
- T. Rowe Price (TROW) diluted shares outstanding compound annual growth rate is -0.7% over the most recent 5 years available.
When did T. Rowe Price diluted shares outstanding hit its highest annual value?
- T. Rowe Price diluted shares outstanding reached its highest annual value of 279.20M in 2007.
What was T. Rowe Price diluted shares outstanding in 2024?
- T. Rowe Price (TROW) diluted shares outstanding in 2024 was 223.30M.
What was T. Rowe Price diluted shares outstanding in 2025?
- T. Rowe Price (TROW) diluted shares outstanding in 2025 was 223.77M.
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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