← PRICE T ROWE GROUP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $1.2b | $1.5b | $1.8b | $2.1b | $2.4b | $3.1b | $1.6b | $1.8b | $2.1b | $2.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.2b | $1.5b | $1.8b | $2.1b | $2.3b | $3.0b | $1.5b | $1.7b | $2.0b | $2.0b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.3b | $1.6b | $1.8b | $2.2b | $2.5b | $3.1b | $1.4b | $1.8b | $2.1b | $2.2b | |
| Amortization of Intangible Assets | — | — | — | — | — | $0 | — | — | — | — | |
| Depreciation, Nonproduction | $133.4m | $143.6m | $159.5m | — | — | — | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | $13.5m | $71.7m | ($35.5m) | $33.3m | $13.7m | ($56.3m) | ($207.0m) | $8.6m | ($88.0m) | $96.8m | |
| Share-based Payment Arrangement, Noncash Expense | $161.6m | $152.0m | $197.1m | $206.6m | $246.2m | $274.6m | $285.4m | $265.6m | $247.3m | $216.9m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | $58.3m | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | $0 | $31.1m | $3.3m | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | $50.0m | |
| Income Tax Expense (Benefit) | $706.5m | $923.9m | $615.9m | $678.4m | $718.9m | $896.1m | $498.6m | $654.6m | $683.8m | $667.2m | |
| Operating Lease, Expense | — | — | — | $29.0m | $32.1m | $32.5m | $50.0m | — | — | — | |
| Other Nonoperating Income (Expense) | ($2.0m) | $4.1m | ($3.1m) | $7.0m | ($2.0m) | ($5.9m) | ($17.3m) | ($15.7m) | ($7.2m) | $1.9m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $9.3m | $100.8m | ($12.7m) | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($18.5m) | $105.4m | $142.7m | $63.6m | ($240.5m) | $86.7m | $51.3m | $142.6m | |
| Goodwill | $665.7m | $665.7m | $665.7m | $665.7m | $665.7m | $2.7b | $2.6b | $2.6b | $2.6b | $2.6b | |
| Nonoperating Income (Expense) | $227.1m | $396.3m | $23.2m | $540.3m | $496.5m | $284.6m | ($425.5m) | $504.1m | $486.3m | $686.7m | |
| Operating Expenses | $2.5b | $2.7b | $3.0b | $3.2b | $3.5b | $4.0b | $4.1b | $4.5b | $4.8b | $5.1b | |
| Net Cash Provided by (Used in) Operating Activities | $170.5m | $229.5m | $1.6b | $1.5b | $1.9b | $3.5b | $2.4b | $1.2b | $1.7b | $1.8b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $148.3m | $186.1m | $168.5m | $204.6m | $214.6m | $239.1m | $237.6m | $307.9m | $423.4m | $274.2m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $2.5b | $0 | $0 | — | — | |
| Payments to Acquire Investments | — | — | $1.1b | $239.7m | $272.4m | $48.0m | $55.1m | $85.3m | $100.1m | $112.9m | |
| Payments for (Proceeds from) Other Investing Activities | ($79.5m) | $28.5m | ($88.4m) | ($6.8m) | ($50.5m) | ($30.9m) | $3.7m | $38.4m | $171.6m | $88.6m | |
| Net Cash Provided by (Used in) Investing Activities | $106.2m | $39.0m | ($875.5m) | ($324.5m) | ($36.3m) | ($1.1b) | ($41.5m) | $128.2m | ($177.5m) | $230.3m | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $676.9m | $458.1m | $1.1b | $705.8m | $1.2b | $1.1b | $849.8m | $254.4m | $337.2m | $620.9m | |
| Proceeds from Noncontrolling Interests | — | — | — | $523.7m | $557.5m | — | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $915.0m | $1.3b | $470.4m | — | — | ($66.8m) | — | — | — | — | |
| Dividends paid | $540.8m | $563.1m | $694.3m | $733.9m | $845.8m | $1.7b | $1.1b | $1.1b | $1.1b | $1.1b | |
| Payments of Dividends | $540.8m | $563.1m | $694.3m | $733.9m | $845.8m | $1.7b | $1.1b | $1.1b | $1.1b | $1.1b | |
| Net Cash Provided by (Used in) Financing Activities | ($176.4m) | $461.5m | ($1.2b) | ($832.7m) | ($1.5b) | ($3.0b) | ($2.1b) | ($1.1b) | ($936.6m) | ($1.3b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($2.5m) | $1.9m | $2.6m | $9.5m | $400k | ($2.4m) | ($1.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $363.0m | $398.2m | ($632.3m) | $250.5m | $269.1m | $569.1m | $704.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.9b | $2.3b | $1.6b | $1.9b | $2.1b | $2.7b | $3.4b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | $680.6m | $857.7m | $644.2m | $677.3m | $643.0m | $948.9m | $794.2m | $632.0m | $723.2m | $595.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.