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

Overview ForecastOwnership Financials Chart Transcripts

T. Rowe Price Group Revenue Highlights

Latest Revenue (Y)

$7.09B

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
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	10.03%
2011-12-31	$2.75B	16.05%
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	28.22%
2003-12-31	$996.00M	7.79%
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 $7.09B in revenue during NA 2024, up 9.80% compared to the previous quarter, and up 126.27% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Asset Management	$6.40B	$5.75B	$5.97B	$7.10B	$5.69B
Capital Allocation Based Income	$46.60M	$161.90M	$-54.30M	-	-
Administrative Service	$588.00M	$550.90M	$481.40M	$453.50M	$402.30M
Administrative, Distribution, And Servicing	-	$550.90M	-	-	-
Distribution Service	-	-	$92.20M	$120.30M	$111.30M

T. Rowe Price Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Asset Management (90.98%), Administrative Service (8.36%), and Capital Allocation Based Income (0.66%).

Quarterly Revenue by Product

Product/Service	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	Dec 20
Asset Management	$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	$1.60B	-	-
Capital Allocation Based Income	$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	-	-	-	-	-
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	$101.50M	-	-	-	-
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	$29.20M

T. Rowe Price Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Asset Management (97.59%), and Capital Allocation Based Income (2.41%).

T. Rowe Price Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
APO	Apollo Global Management	$26.11B	$9.94B
KKR	KKR	$21.88B	$5.53B
BLK	BlackRock	$18.56B	$6.51B
BK	Bank of New York Mellon	$18.26B	$10.44B
AMP	Ameriprise Financial	$17.93B	$4.56B
PFG	Principal Financial Group	$16.13B	$2.66B
BX	Blackstone	$13.23B	$3.09B
STT	State Street	$13.00B	$5.97B
TROW	T. Rowe Price Group	$7.09B	$1.89B
IVZ	Invesco	$6.07B	$2.98B
CG	Carlyle Group	$5.43B	$455.90M
ARCC	Ares Capital	$2.44B	$658.00M
MAIN	Main Street Capital	$541.03M	$139.83M
HTGC	Hercules Capital	$415.93M	$116.68M
PSEC	Prospect Capital	$200.75M	$136.98M
PFLT	PennantPark Floating Rate Capital	$114.34M	$48.67M
GAIN	Gladstone Investment	$79.05M	$22.67M
FSK	FS KKR Capital	-	$260.00M
BAM	Brookfield Asset Management	-	$1.11B

TROW Revenue FAQ

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

T. Rowe Price Group's yearly revenue for 2024 was $7.09B, representing an increase of 9.80% compared to 2023. The company's yearly revenue for 2023 was $6.46B, representing a decrease of -0.43% compared to 2022. TROW's yearly revenue for 2022 was $6.49B, representing a decrease of -15.43% compared to 2021.

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 (2022-2024) was 9.33%, and for the last 5 years (2020-2024) was 14.29%.

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

T. Rowe Price Group's revenue streams in c 24 are Asset Management, Capital Allocation Based Income, and Administrative Service. Asset Management generated $6.4B in revenue, accounting 90.98% of the company's total revenue, up 11.34% year-over-year. Capital Allocation Based Income generated $46.6M in revenue, accounting 0.66% of the company's total revenue, down -71.22% year-over-year. Administrative Service generated $588M in revenue, accounting 8.36% of the company's total revenue, up 6.73% year-over-year.

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

For the fiscal year ending Dec 24, the largest source of revenue of T. Rowe Price Group was Asset Management. This segment made a revenue of $6.4B, representing 90.98% of the company's total revenue.