T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors. The core principle on which T. Rowe Price, Jr., founded the firm in 1937 – that his company’s success should follow from the success it achieves for its clients – continues to guide us today. We believe that adhering to such enduring principles produces a more reliable investment approach for our clients. Our disciplined approach to managing investments is rooted in proprietary research carried out by experienced professionals. We seek consistent and competitive performance that balances risk and reward. And we nurture a culture that encourages collaboration and diverse thinking in the pursuit of durable solutions. At T. Rowe Price, associates work together in a culture that encourages diversity of thought and open debate in the pursuit of well-considered solutions for clients. Our disciplined approach to managing investments is rooted in proprietary fundamental research, carried out by experienced professionals, and focused on consistent competitive performance that balances risk and reward.
Company Growth (employees)
T. Rowe Price Group was founded in 1937 and is headquartered in Baltimore, US
T. Rowe Price Group Office Locations
T. Rowe Price Group has an office in Baltimore
Baltimore, US (HQ)
100 E Pratt St
T. Rowe Price Group Data and Metrics
T. Rowe Price Group Financial Metrics
T. Rowe Price Group's revenue was reported to be $4.2 b in FY, 2016 which is a 1% increase from the previous period.
USD
Revenue (FY, 2016) | 4.2 b |
Revenue growth (FY, 2015 - FY, 2016), % | 1% |
Net income (FY, 2016) | 1.3 b |
Market capitalization (20-Jul-2017) | 19.6 b |
Closing share price (20-Jul-2017) | 80.8 |
Cash (31-Dec-2016) | 1.2 b |
T. Rowe Price Group's current market capitalization is $19.6 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 4.2 b | 4.2 b | ||
Revenue growth, % | 1% | |||
Operating expense total | 2.3 b | 2.5 b | ||
Pre tax profit | 2 b | 2 b | ||
Income tax expense | 779.4 m | 706.5 m | ||
Net Income | 1 b | 1.2 b | 1.2 b | 1.3 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 1.4 b | 1.5 b | 1.2 b | 1.2 b |
PP&E | 586.4 m | 607.1 m | 615.1 m | |
Goodwill | 665.7 m | 665.7 m | 665.7 m | 665.7 m |
Total Assets | 5 b | 5.6 b | 5.1 b | 6.2 b |
Accounts Payable | 103.9 m | 143.4 m | 170.6 m | 180.8 m |
Total Liabilities | 529.2 m | |||
Retained Earnings | 3.7 b | 4.5 b | 4 b | 4.3 b |
Total Equity | 4.8 b | 5.4 b | 4.8 b | |
Financial Leverage | 1 x | 1 x | 1.1 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 1 b | 1.2 b | 1.2 b | 1.3 b |
Cash From Operating Activities | 1.2 b | 1.3 b | 1.5 b | 170.5 m |
Purchases of PP&E | (105.8 m) | (126.2 m) | (151.3 m) | (148.3 m) |
Cash From Investing Activities | (437.5 m) | (443.4 m) | 109 m | 106.2 m |
Cash From Financing Activities | (276.8 m) | (739.8 m) | (1.9 b) | (176.4 m) |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 679.7 k |
