T. Rowe Price Group (TROW) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

T. Rowe Price Group Revenue Highlights

Latest Revenue (Y)

$7.31B

Latest Revenue (Q)

$1.89B

Main Segment (Y)

Asset Management

T. Rowe Price Group Revenue by Period

T. Rowe Price Group Revenue by Year

Date	Revenue	Change
2025-12-31	$7.31B	3.12%
2024-12-31	$7.09B	9.80%
2023-12-31	$6.46B	-0.43%
2022-12-31	$6.49B	-15.43%
2021-12-31	$7.67B	23.61%
2020-12-31	$6.21B	10.48%
2019-12-31	$5.62B	4.57%
2018-12-31	$5.37B	10.66%
2017-12-31	$4.85B	13.31%
2016-12-31	$4.28B	2.00%
2015-12-31	$4.20B	5.49%
2014-12-31	$3.98B	14.29%
2013-12-31	$3.48B	15.28%
2012-12-31	$3.02B	9.60%
2011-12-31	$2.76B	16.50%
2010-12-31	$2.37B	26.76%
2009-12-31	$1.87B	-11.76%
2008-12-31	$2.12B	-5.03%
2007-12-31	$2.23B	22.77%
2006-12-31	$1.81B	20.02%
2005-12-31	$1.51B	18.41%
2004-12-31	$1.28B	27.85%
2003-12-31	$998.86M	8.10%
2002-12-31	$924.00M	-7.14%
2001-12-31	$995.00M	-13.78%
2000-12-31	$1.15B	11.35%
1999-12-31	$1.04B	16.95%
1998-12-31	$886.14M	17.37%
1997-12-31	$755.00M	28.82%
1996-12-31	$586.10M	33.42%
1995-12-31	$439.30M	14.88%
1994-12-31	$382.40M	23.35%
1993-12-31	$310.00M	-

T. Rowe Price Group generated $7.31B in revenue during NA 2025, up 3.12% compared to the previous quarter, and up 117.85% compared to the same period a year ago.

T. Rowe Price Group Revenue by Quarter

Date	Revenue	Change
2025-09-30	$1.89B	9.88%
2025-06-30	$1.72B	-2.30%
2025-03-31	$1.76B	-3.32%
2024-12-31	$1.82B	2.18%
2024-09-30	$1.79B	3.02%
2024-06-30	$1.73B	-0.97%
2024-03-31	$1.75B	6.59%
2023-12-31	$1.64B	-1.72%
2023-09-30	$1.67B	3.76%
2023-06-30	$1.61B	4.72%
2023-03-31	$1.54B	0.88%
2022-12-31	$1.52B	-4.03%
2022-09-30	$1.59B	4.97%
2022-06-30	$1.51B	-18.79%
2022-03-31	$1.86B	-5.03%
2021-12-31	$1.96B	0.39%
2021-09-30	$1.95B	1.29%
2021-06-30	$1.93B	5.61%
2021-03-31	$1.83B	5.42%
2020-12-31	$1.73B	8.59%
2020-09-30	$1.60B	12.75%
2020-06-30	$1.42B	-3.23%
2020-03-31	$1.46B	-0.42%
2019-12-31	$1.47B	2.94%
2019-09-30	$1.43B	2.26%
2019-06-30	$1.40B	5.12%
2019-03-31	$1.33B	1.71%
2018-12-31	$1.30B	-6.42%
2018-09-30	$1.39B	3.69%
2018-06-30	$1.34B	1.28%
2018-03-31	$1.33B	3.26%
2017-12-31	$1.29B	5.27%
2017-09-30	$1.22B	4.28%
2017-06-30	$1.17B	5.21%
2017-03-31	$1.11B	2.05%
2016-12-31	$1.09B	-0.16%
2016-09-30	$1.09B	4.61%
2016-06-30	$1.04B	5.09%
2016-03-31	$994.10M	-5.52%
2015-12-31	$1.05B	0.31%
2015-09-30	$1.05B	-2.18%
2015-06-30	$1.07B	4.42%
2015-03-31	$1.03B	0.45%
2014-12-31	$1.02B	0.16%
2014-09-30	$1.02B	3.71%
2014-06-30	$984.30M	3.11%
2014-03-31	$954.60M	2.67%
2013-12-31	$929.80M	5.13%
2013-09-30	$884.40M	3.52%
2013-06-30	$854.30M	4.73%
2013-03-31	$815.70M	3.61%
2012-12-31	$787.30M	2.29%
2012-09-30	$769.70M	4.47%
2012-06-30	$736.80M	1.11%
2012-03-31	$728.70M	8.50%
2011-12-31	$671.60M	-1.15%
2011-09-30	$679.40M	-4.81%
2011-06-30	$713.70M	4.59%
2011-03-31	$682.40M	5.39%
2010-12-31	$647.50M	10.48%
2010-09-30	$586.10M	1.51%
2010-06-30	$577.40M	3.81%
2010-03-31	$556.20M	1.66%
2009-12-31	$547.10M	9.84%
2009-09-30	$498.10M	12.64%
2009-06-30	$442.20M	15.01%
2009-03-31	$384.50M	-7.55%
2008-12-31	$415.90M	-25.04%
2008-09-30	$554.80M	-5.40%
2008-06-30	$586.50M	4.90%
2008-03-31	$559.10M	-6.47%
2007-12-31	$597.80M	-

T. Rowe Price Group generated $1.89B in revenue during Q3 2025, up 9.88% compared to the previous quarter, and up 109.24% compared to the same period a year ago.

T. Rowe Price Group Revenue Breakdown

T. Rowe Price Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Asset Management	$6.60B	$6.40B	$5.75B	$5.97B	$7.10B
Capital Allocation Based Income	$81.20M	$46.60M	$161.90M	$-54.30M	-
Administrative Service	-	$588.00M	$550.90M	$481.40M	$453.50M
Administrative, Distribution, And Servicing	-	-	$550.90M	-	-
Distribution Service	-	-	-	$92.20M	$120.30M

T. Rowe Price Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: Asset Management (98.79%), and Capital Allocation Based Income (1.21%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Capital Allocation Based Income	$40.80M	$42.00M	$-400.00K	$-1.20M	-	$4.60M	$100.00K	$47.10M	$40.20M	$66.10M	$38.70M	$16.90M	$26.50M	$1.10M	$-126.30M	$44.40M	-	-	-	-
Asset Management	$1.74B	$1.70B	$1.57B	$1.60B	$1.63B	$1.63B	$1.59B	$1.55B	$4.28B	$1.46B	$1.37B	$1.44B	$1.50B	$1.66B	$1.81B	$1.81B	$1.79B	$1.69B	-	-
Administrative Service	-	-	-	-	$143.20M	$148.10M	$147.60M	$149.10M	$108.70M	$123.10M	$119.40M	$130.20M	$121.70M	$109.80M	$112.10M	$109.90M	-	-	-	-
Administrative, Distribution, And Servicing	-	-	-	-	-	-	-	$149.10M	$140.60M	$140.70M	$140.70M	$128.90M	-	-	-	-	-	-	-	-
Distribution Service	-	-	-	-	-	-	-	-	-	-	-	-	$20.70M	$22.00M	$23.20M	$26.30M	$30.30M	$30.90M	$30.00M	$29.10M

T. Rowe Price Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Asset Management (97.71%), and Capital Allocation Based Income (2.29%).

T. Rowe Price Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BK	Bank of New York Mellon	$39.24B	$10.44B
APO	Apollo Global Management	$30.30B	$9.94B
BLK	BlackRock	$24.22B	$6.51B
STT	State Street	$20.70B	$5.97B
KKR	KKR	$19.26B	$5.53B
AMP	Ameriprise Financial	$18.89B	$4.56B
BX	Blackstone	$13.83B	$3.09B
TROW	T. Rowe Price Group	$7.31B	$1.89B
IVZ	Invesco	$6.38B	$2.98B
BAM	Brookfield Asset Management	$4.90B	$1.11B
CG	Carlyle Group	$4.90B	$455.90M
ARCC	Ares Capital	$2.54B	$658.00M
MAIN	Main Street Capital	$644.50M	$139.83M
HTGC	Hercules Capital	$451.96M	$116.68M
PSEC	Prospect Capital	$200.75M	$133.90M
PFG	Principal Financial Group	$178.30M	$2.66B
PFLT	PennantPark Floating Rate Capital	$114.34M	$29.47M
GAIN	Gladstone Investment	$79.05M	$22.84M
FSK	FS KKR Capital	-	$260.00M

TROW Revenue FAQ

What is T. Rowe Price Group’s yearly revenue?

T. Rowe Price Group's yearly revenue for 2025 was $7.31B, representing an increase of 3.12% compared to 2024. The company's yearly revenue for 2024 was $7.09B, representing an increase of 9.80% compared to 2023. TROW's yearly revenue for 2023 was $6.46B, representing a decrease of -0.43% compared to 2022.

What is T. Rowe Price Group’s quarterly revenue?

T. Rowe Price Group's quarterly revenue for Q3 2025 was $1.89B, a 9.88% increase from the previous quarter (Q2 2025), and a 6.04% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $1.72B, a -2.30% decrease from the previous quarter (Q1 2025), and a -0.58% decrease year-over-year (Q2 2024). TROW's quarterly revenue for Q1 2025 was $1.76B, a -3.32% decrease from the previous quarter (Q4 2024), and a 0.78% increase year-over-year (Q1 2024).

What is T. Rowe Price Group’s revenue growth rate?

T. Rowe Price Group's revenue growth rate for the last 3 years (2023-2025) was 13.22%, and for the last 5 years (2021-2025) was -4.65%.

What are T. Rowe Price Group’s revenue streams?

T. Rowe Price Group's revenue streams in c 25 are Asset Management, and Capital Allocation Based Income. Asset Management generated $6.6B in revenue, accounting 98.79% of the company's total revenue, up 3.17% year-over-year. Capital Allocation Based Income generated $81.2M in revenue, accounting 1.21% of the company's total revenue, up 74.25% year-over-year.

What is T. Rowe Price Group’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of T. Rowe Price Group was Asset Management. This segment made a revenue of $6.6B, representing 98.79% of the company's total revenue.