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.
 
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.
  
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

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.
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.
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.
 2021 2022 2023 2024 (projected)
Total Revenue7.7B6.5B6.5B6.8B
Tax Provision896.1M498.6M654.6M348.2M

T Rowe income statement Correlations

0.520.520.250.770.770.760.380.710.320.61.00.22-0.030.67-0.150.230.120.560.490.350.23-0.13
0.520.930.90.760.760.780.960.910.410.920.520.890.690.730.530.72-0.460.81-0.10.780.640.51
0.520.930.750.710.710.730.910.920.590.940.520.780.730.670.410.42-0.380.90.140.70.720.37
0.250.90.750.470.470.510.950.690.320.70.250.930.740.630.80.82-0.520.55-0.450.760.640.72
0.770.760.710.471.01.00.570.810.090.810.770.520.340.69-0.040.51-0.210.760.190.520.250.19
0.770.760.710.471.01.00.570.810.090.810.770.520.340.69-0.040.51-0.210.760.190.520.250.19
0.760.780.730.511.01.00.610.810.10.820.760.570.370.7-0.010.53-0.230.750.160.550.30.24
0.380.960.910.950.570.570.610.830.510.840.380.930.750.670.670.67-0.510.73-0.180.810.750.6
0.710.910.920.690.810.810.810.830.60.980.710.630.50.670.350.49-0.370.930.280.680.580.15
0.320.410.590.320.090.090.10.510.60.560.320.210.270.240.41-0.09-0.260.60.50.430.68-0.09
0.60.920.940.70.810.810.820.840.980.560.60.670.590.630.360.51-0.450.960.220.690.580.22
1.00.520.520.250.770.770.760.380.710.320.60.22-0.030.67-0.150.230.120.560.490.350.23-0.13
0.220.890.780.930.520.520.570.930.630.210.670.220.730.590.60.74-0.510.53-0.410.750.690.79
-0.030.690.730.740.340.340.370.750.50.270.59-0.030.730.520.60.37-0.430.57-0.360.540.530.61
0.670.730.670.630.690.690.70.670.670.240.630.670.590.520.260.43-0.010.58-0.050.510.360.38
-0.150.530.410.8-0.04-0.04-0.010.670.350.410.36-0.150.60.60.260.57-0.440.26-0.550.490.540.62
0.230.720.420.820.510.510.530.670.49-0.090.510.230.740.370.430.57-0.530.31-0.540.640.260.6
0.12-0.46-0.38-0.52-0.21-0.21-0.23-0.51-0.37-0.26-0.450.12-0.51-0.43-0.01-0.44-0.53-0.370.12-0.8-0.52-0.39
0.560.810.90.550.760.760.750.730.930.60.960.560.530.570.580.260.31-0.370.360.580.550.09
0.49-0.10.14-0.450.190.190.16-0.180.280.50.220.49-0.41-0.36-0.05-0.55-0.540.120.36-0.050.08-0.73
0.350.780.70.760.520.520.550.810.680.430.690.350.750.540.510.490.64-0.80.58-0.050.720.52
0.230.640.720.640.250.250.30.750.580.680.580.230.690.530.360.540.26-0.520.550.080.720.53
-0.130.510.370.720.190.190.240.60.15-0.090.22-0.130.790.610.380.620.6-0.390.09-0.730.520.53
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe income statement Accounts

201920202021202220232024 (projected)
Tax Provision678.4M718.9M896.1M498.6M654.6M348.2M
Total Revenue5.6B6.2B7.7B6.5B6.5B6.8B
Gross Profit4.7B5.3B5.3B4.2B3.8B4.0B
Other Operating Expenses3.1B3.3B3.8B4.3B5.3B5.6B
Operating Income1.7B2.1B3.7B2.4B2.0B1.1B
Ebit1.7B2.1B3.7B2.4B2.0B1.1B
Ebitda1.9B2.2B3.9B2.7B2.2B1.2B
Total Operating Expenses4.0B4.1B4.0B4.1B4.5B4.7B
Income Before Tax2.9B3.2B4.0B1.9B2.5B2.6B
Total Other Income Expense Net1.3B1.2B284.6M(425.5M)504.1M529.3M
Net Income2.1B2.4B3.1B1.6B1.8B1.8B
Income Tax Expense678.4M718.9M896.1M498.6M654.6M348.2M
Depreciation And Amortization190.8M189.6M204.8M334.2M254.8M267.5M
Selling General Administrative749.2M760.9M868.5M972.7M972.2M1.0B
Selling And Marketing Expenses96.8M83.7M100.2M97.3M114.2M79.4M
Interest Expense1.1B1.0B764.3M317.2M4.2B4.4B
Cost Of Revenue928.4M939.7M2.4B2.3B2.7B2.8B
Net Income Applicable To Common Shares2.1B2.4B3.0B1.5B1.8B1.1B
Minority Interest117.6M150.6M(15.6M)108.3M(34.6M)(32.9M)
Net Income From Continuing Ops2.2B2.5B3.1B1.4B1.7B1.7B
Non Operating Income Net Other540.3M496.5M284.6M(425.5M)(489.3M)(464.9M)
Interest Income533.2M497.8M288.1M408.2M469.4M341.2M
Reconciled Depreciation190.8M189.6M204.8M645.8M661.4M345.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.