How T. Rowe Price (TROW) Makes Money: A Visual Guide
T. Rowe Price (TROW) generated $7.31B in revenue (TTM through Q4 2025), earning $2.09B in net profit (28.5% margin). Its largest revenue source is Asset Management (98.8% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
T. Rowe Price (TROW) Income Statement Flow
Frequently asked questions
How does T. Rowe Price (TROW) make money?
- T. Rowe Price (TROW) primarily makes money through Asset Management, which accounts for 98.8% of total revenue. For TTM through Q4 2025, T. Rowe Price generated $7.31B in total revenue with a net profit margin of 28.5%.
What is T. Rowe Price (TROW) gross profit margin?
- T. Rowe Price (TROW) reported a gross profit margin of 62.7% for TTM through Q4 2025, equivalent to $4.58B in gross profit. This means T. Rowe Price retains 62.7% of each revenue unit after direct costs of production.
What is T. Rowe Price (TROW) operating profit margin?
- T. Rowe Price (TROW) reported an operating profit margin of 29.9% for TTM through Q4 2025, equivalent to $2.19B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is T. Rowe Price (TROW) net profit margin?
- T. Rowe Price (TROW) reported a net profit margin of 28.5% for TTM through Q4 2025, equivalent to $2.09B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does T. Rowe Price (TROW) spend on capital expenditures?
- T. Rowe Price (TROW) spent $294.00M on capital expenditures in TTM through Q4 2025 (4.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is T. Rowe Price (TROW) free cash flow?
- T. Rowe Price (TROW) generated $2.11B in free cash flow for TTM through Q4 2025 (28.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is T. Rowe Price (TROW) effective tax rate?
- T. Rowe Price (TROW) had an effective tax rate of 23.2% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.