← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.2b | $4.8b | $5.4b | $5.6b | $6.2b | $7.7b | $6.5b | $6.5b | $7.1b | $7.3b | |
| Operating Expenses | $2.5b | $2.7b | $3.0b | $3.2b | $3.5b | $4.0b | $4.1b | $4.5b | $4.8b | $5.1b | |
| Total operating expenses | $2.5b | $2.7b | $3.0b | $3.2b | $3.5b | $4.0b | $4.1b | $4.5b | $4.8b | $5.1b | |
| Operating Income (Loss) | $1.7b | $2.1b | $2.4b | $2.4b | $2.7b | $3.7b | $2.4b | $2.0b | $2.3b | $2.2b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Change in fair value of contingent consideration | — | — | — | — | $0 | $0 | ($161.2m) | ($82.4m) | ($13.4m) | $0 | |
| Restructuring charge | — | — | — | — | — | — | — | $0 | $0 | $177.3m | |
| Net gains on investments | $108.0m | $198.3m | $119.2m | $260.4m | $246.8m | $215.8m | ($204.7m) | $355.2m | $363.2m | $464.9m | |
| Net gains on consolidated investment products | $121.1m | $193.9m | ($92.9m) | $272.9m | $251.7m | $74.7m | ($203.5m) | $164.6m | $130.3m | $219.9m | |
| Other gains (losses), including foreign currency gains (losses) | ($2.0m) | $4.1m | ($3.1m) | $7.0m | ($2.0m) | ($5.9m) | ($17.3m) | ($15.7m) | ($7.2m) | $1.9m | |
| Provision for income taxes | $706.5m | $923.9m | $615.9m | $678.4m | $718.9m | $896.1m | $498.6m | $654.6m | $683.8m | $667.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $2.0b | $2.5b | $2.4b | $2.9b | $3.2b | $4.0b | $1.9b | $2.5b | $2.8b | $2.9b | |
| Total non-operating income | $227.1m | $396.3m | $23.2m | $540.3m | $496.5m | $284.6m | ($425.5m) | $504.1m | $486.3m | $686.7m | |
| Income before income taxes | $2.0b | $2.5b | $2.4b | $2.9b | $3.2b | $4.0b | $1.9b | $2.5b | $2.8b | $2.9b | |
| Less: net income attributable to redeemable non-controlling interests | $39.0m | $83.4m | ($68.8m) | $117.6m | $150.6m | $15.6m | ($108.3m) | $47.0m | $35.7m | $121.2m | |
| 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 | |
| Earnings Per Share, Basic | $4.85 | $6.07 | $7.41 | $8.82 | $10.08 | $13.25 | $6.73 | $7.78 | $9.18 | $9.26 | |
| Earnings Per Share, Diluted | $4.75 | $5.97 | $7.27 | $8.70 | $9.98 | $13.12 | $6.70 | $7.76 | $9.15 | $9.24 | |
| Common Stock, Dividends, Per Share, Declared | $4.85 | $6.07 | $2.80 | $3.04 | $3.60 | $4.32 | $4.80 | $4.88 | $4.96 | $5.08 | |
| Weighted Average Number of Shares Outstanding, Basic | 245.5m | 241.2m | 242.2m | 235.4m | 228.8m | 226.6m | 226.0m | 224.1m | 222.8m | 220.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 250.3m | 245.1m | 246.9m | 238.6m | 231.2m | 228.8m | 227.1m | 224.8m | 223.3m | 220.3m | |
| Labor and Related Expense | $1.5b | $1.7b | $1.8b | $2.0b | $2.2b | $2.4b | $2.3b | $2.7b | $2.8b | $2.9b | |
| Other Nonoperating Income (Expense) | ($2.0m) | $4.1m | ($3.1m) | $7.0m | ($2.0m) | ($5.9m) | ($17.3m) | ($15.7m) | ($7.2m) | $1.9m | |
| Marketing and Advertising Expense | $79.9m | $92.0m | $99.6m | $96.8m | $83.7m | $100.2m | $97.3m | $114.2m | $129.6m | $107.4m | |
| Nonoperating Income (Expense) | $227.1m | $396.3m | $23.2m | $540.3m | $496.5m | $284.6m | ($425.5m) | $504.1m | $486.3m | $686.7m | |
| Operating Lease, Expense | — | — | — | $29.0m | $32.1m | $32.5m | $50.0m | — | — | — | |
| Other Cost and Expense, Operating | $401.5m | $491.8m | — | — | — | — | — | — | — | — | |
| Other General and Administrative Expense | $218.1m | $279.7m | $296.0m | $321.9m | $316.1m | $383.6m | $412.2m | $421.3m | $433.8m | $441.9m | |
| Compensation and related costs | $1.5b | $1.7b | $1.8b | $2.0b | $2.2b | $2.4b | $2.3b | $2.7b | $2.8b | $2.9b | |
| Distribution and servicing costs | $141.7m | $147.0m | $281.2m | $262.5m | $278.5m | $373.9m | $301.5m | $289.9m | $354.1m | $383.5m | |
| Advertising and promotion costs | $79.9m | $92.0m | $99.6m | $96.8m | $83.7m | $100.2m | $97.3m | $114.2m | $129.6m | $107.4m | |
| Product and recordkeeping related costs | $139.7m | $146.0m | $157.1m | $153.2m | $155.5m | $236.3m | $300.1m | $291.0m | $297.5m | $312.9m | |
| Technology, occupancy, and facility costs | $319.8m | $350.5m | $383.9m | $427.3m | $444.8m | $484.9m | $560.5m | $632.6m | $644.1m | $723.6m | |
| General, administrative, and other costs | $218.1m | $279.7m | $296.0m | $321.9m | $316.1m | $383.6m | $412.2m | $421.3m | $433.8m | $441.9m | |
| Acquisition-related amortization and impairment costs | — | — | — | — | $0 | $0 | $283.5m | $134.2m | $156.7m | $111.3m | |
| Income Tax Expense (Benefit) | $706.5m | $923.9m | $615.9m | $678.4m | $718.9m | $896.1m | $498.6m | $654.6m | $683.8m | $667.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.