TROW Historical Income Statement

TROW Stock

USD 119.84 1.66 1.40%

Historical analysis of T Rowe income statement accounts such as Operating Income of 1.1 B, Ebit of 1.1 B, EBITDA of 1.2 B or Total Operating Expenses of 4.7 B can show how well T Rowe Price performed in making a profits. Evaluating T Rowe income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of T Rowe's future profits or losses.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining T Rowe Price latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether T Rowe Price is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About TROW Income Statement Analysis

T Rowe Price Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to T Rowe shareholders. The income statement also shows TROW investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

T Rowe Income Statement Chart

At this time, T Rowe's Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 2.8 B in 2024, whereas Operating Income is likely to drop slightly above 1.1 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Selling And Marketing Expenses Minority Interest Interest Income

Total Revenue

Total revenue comprises all receipts T Rowe Price generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of T Rowe Price minus its cost of goods sold. It is profit before T Rowe operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of T Rowe Price. It is also known as T Rowe overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of T Rowe Price whose combined shares represent less than 50% of the total outstanding shares issued by T Rowe have a minority interest in T Rowe.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from T Rowe's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into T Rowe Price current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Total Revenue	7.7B	6.5B	6.5B	6.8B
Tax Provision	896.1M	498.6M	654.6M	348.2M

Total Revenue Tax Provision

T Rowe income statement Correlations

	Tax Provision	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Interest Expense	Cost Of Revenue	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Interest Income	Reconciled Depreciation
Tax Provision		0.52	0.52	0.25	0.77	0.77	0.76	0.38	0.71	0.32	0.6	1.0	0.22	-0.03	0.67	-0.15	0.23	0.12	0.56	0.49	0.35	0.23	-0.13
Total Revenue	0.52		0.93	0.9	0.76	0.76	0.78	0.96	0.91	0.41	0.92	0.52	0.89	0.69	0.73	0.53	0.72	-0.46	0.81	-0.1	0.78	0.64	0.51
Gross Profit	0.52	0.93		0.75	0.71	0.71	0.73	0.91	0.92	0.59	0.94	0.52	0.78	0.73	0.67	0.41	0.42	-0.38	0.9	0.14	0.7	0.72	0.37
Other Operating Expenses	0.25	0.9	0.75		0.47	0.47	0.51	0.95	0.69	0.32	0.7	0.25	0.93	0.74	0.63	0.8	0.82	-0.52	0.55	-0.45	0.76	0.64	0.72
Operating Income	0.77	0.76	0.71	0.47		1.0	1.0	0.57	0.81	0.09	0.81	0.77	0.52	0.34	0.69	-0.04	0.51	-0.21	0.76	0.19	0.52	0.25	0.19
Ebit	0.77	0.76	0.71	0.47	1.0		1.0	0.57	0.81	0.09	0.81	0.77	0.52	0.34	0.69	-0.04	0.51	-0.21	0.76	0.19	0.52	0.25	0.19
Ebitda	0.76	0.78	0.73	0.51	1.0	1.0		0.61	0.81	0.1	0.82	0.76	0.57	0.37	0.7	-0.01	0.53	-0.23	0.75	0.16	0.55	0.3	0.24
Total Operating Expenses	0.38	0.96	0.91	0.95	0.57	0.57	0.61		0.83	0.51	0.84	0.38	0.93	0.75	0.67	0.67	0.67	-0.51	0.73	-0.18	0.81	0.75	0.6
Income Before Tax	0.71	0.91	0.92	0.69	0.81	0.81	0.81	0.83		0.6	0.98	0.71	0.63	0.5	0.67	0.35	0.49	-0.37	0.93	0.28	0.68	0.58	0.15
Total Other Income Expense Net	0.32	0.41	0.59	0.32	0.09	0.09	0.1	0.51	0.6		0.56	0.32	0.21	0.27	0.24	0.41	-0.09	-0.26	0.6	0.5	0.43	0.68	-0.09
Net Income	0.6	0.92	0.94	0.7	0.81	0.81	0.82	0.84	0.98	0.56		0.6	0.67	0.59	0.63	0.36	0.51	-0.45	0.96	0.22	0.69	0.58	0.22
Income Tax Expense	1.0	0.52	0.52	0.25	0.77	0.77	0.76	0.38	0.71	0.32	0.6		0.22	-0.03	0.67	-0.15	0.23	0.12	0.56	0.49	0.35	0.23	-0.13
Depreciation And Amortization	0.22	0.89	0.78	0.93	0.52	0.52	0.57	0.93	0.63	0.21	0.67	0.22		0.73	0.59	0.6	0.74	-0.51	0.53	-0.41	0.75	0.69	0.79
Selling General Administrative	-0.03	0.69	0.73	0.74	0.34	0.34	0.37	0.75	0.5	0.27	0.59	-0.03	0.73		0.52	0.6	0.37	-0.43	0.57	-0.36	0.54	0.53	0.61
Selling And Marketing Expenses	0.67	0.73	0.67	0.63	0.69	0.69	0.7	0.67	0.67	0.24	0.63	0.67	0.59	0.52		0.26	0.43	-0.01	0.58	-0.05	0.51	0.36	0.38
Interest Expense	-0.15	0.53	0.41	0.8	-0.04	-0.04	-0.01	0.67	0.35	0.41	0.36	-0.15	0.6	0.6	0.26		0.57	-0.44	0.26	-0.55	0.49	0.54	0.62
Cost Of Revenue	0.23	0.72	0.42	0.82	0.51	0.51	0.53	0.67	0.49	-0.09	0.51	0.23	0.74	0.37	0.43	0.57		-0.53	0.31	-0.54	0.64	0.26	0.6
Minority Interest	0.12	-0.46	-0.38	-0.52	-0.21	-0.21	-0.23	-0.51	-0.37	-0.26	-0.45	0.12	-0.51	-0.43	-0.01	-0.44	-0.53		-0.37	0.12	-0.8	-0.52	-0.39
Net Income From Continuing Ops	0.56	0.81	0.9	0.55	0.76	0.76	0.75	0.73	0.93	0.6	0.96	0.56	0.53	0.57	0.58	0.26	0.31	-0.37		0.36	0.58	0.55	0.09
Non Operating Income Net Other	0.49	-0.1	0.14	-0.45	0.19	0.19	0.16	-0.18	0.28	0.5	0.22	0.49	-0.41	-0.36	-0.05	-0.55	-0.54	0.12	0.36		-0.05	0.08	-0.73
Non Recurring	0.35	0.78	0.7	0.76	0.52	0.52	0.55	0.81	0.68	0.43	0.69	0.35	0.75	0.54	0.51	0.49	0.64	-0.8	0.58	-0.05		0.72	0.52
Interest Income	0.23	0.64	0.72	0.64	0.25	0.25	0.3	0.75	0.58	0.68	0.58	0.23	0.69	0.53	0.36	0.54	0.26	-0.52	0.55	0.08	0.72		0.53
Reconciled Depreciation	-0.13	0.51	0.37	0.72	0.19	0.19	0.24	0.6	0.15	-0.09	0.22	-0.13	0.79	0.61	0.38	0.62	0.6	-0.39	0.09	-0.73	0.52	0.53

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T Rowe Account Relationship Matchups

T Rowe income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	678.4M	718.9M	896.1M	498.6M	654.6M	348.2M
Total Revenue	5.6B	6.2B	7.7B	6.5B	6.5B	6.8B
Gross Profit	4.7B	5.3B	5.3B	4.2B	3.8B	4.0B
Other Operating Expenses	3.1B	3.3B	3.8B	4.3B	5.3B	5.6B
Operating Income	1.7B	2.1B	3.7B	2.4B	2.0B	1.1B
Ebit	1.7B	2.1B	3.7B	2.4B	2.0B	1.1B
Ebitda	1.9B	2.2B	3.9B	2.7B	2.2B	1.2B
Total Operating Expenses	4.0B	4.1B	4.0B	4.1B	4.5B	4.7B
Income Before Tax	2.9B	3.2B	4.0B	1.9B	2.5B	2.6B
Total Other Income Expense Net	1.3B	1.2B	284.6M	(425.5M)	504.1M	529.3M
Net Income	2.1B	2.4B	3.1B	1.6B	1.8B	1.8B
Income Tax Expense	678.4M	718.9M	896.1M	498.6M	654.6M	348.2M
Depreciation And Amortization	190.8M	189.6M	204.8M	334.2M	254.8M	267.5M
Selling General Administrative	749.2M	760.9M	868.5M	972.7M	972.2M	1.0B
Selling And Marketing Expenses	96.8M	83.7M	100.2M	97.3M	114.2M	79.4M
Interest Expense	1.1B	1.0B	764.3M	317.2M	4.2B	4.4B
Cost Of Revenue	928.4M	939.7M	2.4B	2.3B	2.7B	2.8B
Net Income Applicable To Common Shares	2.1B	2.4B	3.0B	1.5B	1.8B	1.1B
Minority Interest	117.6M	150.6M	(15.6M)	108.3M	(34.6M)	(32.9M)
Net Income From Continuing Ops	2.2B	2.5B	3.1B	1.4B	1.7B	1.7B
Non Operating Income Net Other	540.3M	496.5M	284.6M	(425.5M)	(489.3M)	(464.9M)
Interest Income	533.2M	497.8M	288.1M	408.2M	469.4M	341.2M
Reconciled Depreciation	190.8M	189.6M	204.8M	645.8M	661.4M	345.0M

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Additional Tools for TROW Stock Analysis

When running T Rowe's price analysis, check to measure T Rowe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.

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TROW Historical Income Statement

About TROW Income Statement Analysis

T Rowe Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Minority Interest

Interest Income

T Rowe income statement Correlations

T Rowe Account Relationship Matchups

High Positive Relationship

High Negative Relationship

T Rowe income statement Accounts

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Additional Tools for TROW Stock Analysis

COMMON DESTINATIONS

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Income Tax Expense	+ 1.0	Tax Provision
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 0.98	Income Before Tax
Total Operating Expenses	+ 0.96	Total Revenue

Non Recurring	- 0.8	Minority Interest
Reconciled Depreciation	- 0.73	Non Operating Income Net Other
Non Operating Income Net Other	- 0.55	Interest Expense
Non Operating Income Net Other	- 0.54	Cost Of Revenue
Minority Interest	- 0.53	Cost Of Revenue
Interest Income	- 0.52	Minority Interest