TROW Historical Income Statement

TROW Stock  USD 120.86  2.97  2.52%   
Historical analysis of T Rowe income statement accounts such as EBIT of 1.1 B, Ebitda of 1.2 B, Total Operating Expenses of 846.7 M or Income Before Tax of 2.6 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.
 
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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 tightly coupled 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

T Rowe Price Income Statement is one of the three primary financial statements used for reporting TROW's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of T Rowe Price revenue and expense. T Rowe Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, T Rowe's Cost Of Revenue is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 1.7 B in 2024, whereas EBIT 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.

Operating Income

Operating Income is the amount of profit realized from T Rowe Price operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of T Rowe Price is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, T Rowe's Cost Of Revenue is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 1.7 B in 2024, whereas EBIT is likely to drop slightly above 1.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B5.1B12.3T12.9T
Total Revenue7.7B6.5B6.5B6.8B

T Rowe income statement Correlations

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0.390.72-0.14-0.11-0.15-0.250.170.210.17-0.220.490.480.20.960.91-0.360.05-0.680.38-0.510.350.6
0.90.720.470.530.520.450.690.320.70.250.930.740.630.80.77-0.520.55-0.450.76-0.580.640.72
0.76-0.140.470.970.960.760.810.090.810.770.520.340.69-0.040.04-0.210.760.190.520.110.250.19
0.79-0.110.530.971.00.80.760.050.790.690.640.440.710.00.04-0.190.720.070.53-0.090.310.35
0.79-0.150.520.961.00.830.750.050.790.670.640.430.7-0.030.01-0.190.720.090.53-0.10.330.34
0.7-0.250.450.760.80.830.680.210.720.530.630.510.56-0.09-0.12-0.390.690.260.67-0.160.480.24
0.910.170.690.810.760.750.680.60.980.710.630.50.670.350.27-0.370.930.280.680.00.580.15
0.410.210.320.090.050.050.210.60.560.320.210.270.240.410.14-0.260.60.50.430.030.68-0.09
0.920.170.70.810.790.790.720.980.560.60.670.590.630.360.25-0.450.960.220.69-0.090.580.22
0.52-0.220.250.770.690.670.530.710.320.60.22-0.030.67-0.15-0.010.120.560.490.350.370.23-0.13
0.890.490.930.520.640.640.630.630.210.670.220.730.590.60.55-0.510.53-0.410.75-0.650.690.79
0.690.480.740.340.440.430.510.50.270.59-0.030.730.520.60.34-0.430.57-0.360.54-0.550.530.61
0.730.20.630.690.710.70.560.670.240.630.670.590.520.260.29-0.010.58-0.050.51-0.220.360.38
0.530.960.8-0.040.0-0.03-0.090.350.410.36-0.150.60.60.260.85-0.440.26-0.550.49-0.520.540.62
0.490.910.770.040.040.01-0.120.270.140.25-0.010.550.340.290.85-0.430.07-0.630.51-0.510.270.55
-0.46-0.36-0.52-0.21-0.19-0.19-0.39-0.37-0.26-0.450.12-0.51-0.43-0.01-0.44-0.43-0.370.12-0.80.35-0.52-0.39
0.810.050.550.760.720.720.690.930.60.960.560.530.570.580.260.07-0.370.360.580.050.550.09
-0.1-0.68-0.450.190.070.090.260.280.50.220.49-0.41-0.36-0.05-0.55-0.630.120.36-0.050.660.08-0.73
0.780.380.760.520.530.530.670.680.430.690.350.750.540.510.490.51-0.80.58-0.05-0.410.720.52
-0.36-0.51-0.580.11-0.09-0.1-0.160.00.03-0.090.37-0.65-0.55-0.22-0.52-0.510.350.050.66-0.41-0.29-0.72
0.640.350.640.250.310.330.480.580.680.580.230.690.530.360.540.27-0.520.550.080.72-0.290.53
0.510.60.720.190.350.340.240.15-0.090.22-0.130.790.610.380.620.55-0.390.09-0.730.52-0.720.53
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe income statement Accounts

201920202021202220232024 (projected)
Total Revenue5.6B6.2B7.7B6.5B6.5B6.8B
Gross Profit4.7B5.3B6.5B5.1B12.3T12.9T
Other Operating Expenses3.1B3.3B3.8B4.3B5.3B5.6B
Operating Income1.7B2.1B3.7B2.4B2.0B1.1B
Ebit1.7B2.1B3.2B2.7B2.0B1.1B
Ebitda1.9B2.2B3.4B3.0B2.0B1.2B
Total Operating Expenses2.1B2.3B2.6B2.9B1.1B846.7M
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 Revenue928.4M939.7M1.2B1.3B4.3B4.5B
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)
Tax Provision678.4M718.9M896.1M498.6M580.5M568.7M
Interest Income533.2M497.8M288.1M408.2M469.4M341.2M
Reconciled Depreciation190.8M189.6M204.8M645.8M661.4M345.0M

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When determining whether T Rowe Price is a strong investment it is important to analyze T Rowe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact T Rowe's future performance. For an informed investment choice regarding TROW Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is T Rowe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T Rowe. If investors know TROW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T Rowe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.65
Dividend Share
4.88
Earnings Share
7.76
Revenue Per Share
28.829
Quarterly Revenue Growth
0.077
The market value of T Rowe Price is measured differently than its book value, which is the value of TROW that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T Rowe's market value can be influenced by many factors that don't directly affect T Rowe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.