TROW Selling General Administrative vs Operating Income Analysis

TROW Stock  USD 114.02  5.19  4.77%   
T Rowe financial indicator trend analysis is much more than just breaking down T Rowe Price prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether T Rowe Price is a good investment. Please check the relationship between T Rowe Selling General Administrative and its Operating Income accounts. 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.

Selling General Administrative vs Operating Income

Selling General Administrative vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of T Rowe Price Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between T Rowe's Selling General Administrative and Operating Income is 0.34. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of T Rowe Price, assuming nothing else is changed. The correlation between historical values of T Rowe's Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of T Rowe Price are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., T Rowe's Selling General Administrative and Operating Income go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

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 indicators from T Rowe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.54 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit6.5B5.1B12.3T12.9T
Total Revenue7.7B6.5B6.5B6.8B

T Rowe fundamental ratios Correlations

0.830.99-0.730.99-0.170.920.20.390.951.00.570.790.870.750.850.940.460.22-0.130.910.480.920.740.760.91
0.830.87-0.480.880.050.74-0.070.240.90.840.870.910.70.370.620.740.110.23-0.290.90.220.880.460.850.99
0.990.87-0.760.99-0.050.860.250.380.980.980.60.780.90.720.80.950.430.33-0.120.90.420.90.750.740.93
-0.73-0.48-0.76-0.72-0.15-0.45-0.56-0.25-0.73-0.66-0.15-0.23-0.95-0.64-0.48-0.91-0.49-0.58-0.18-0.48-0.12-0.47-0.93-0.18-0.55
0.990.880.99-0.72-0.110.890.150.390.970.990.630.810.880.690.830.930.410.24-0.170.910.40.920.720.770.94
-0.170.05-0.05-0.15-0.11-0.420.34-0.130.05-0.210.06-0.230.08-0.34-0.370.0-0.040.730.34-0.16-0.33-0.24-0.13-0.24-0.02
0.920.740.86-0.450.89-0.420.010.320.820.940.550.850.640.750.860.750.38-0.07-0.280.890.640.90.540.840.81
0.2-0.070.25-0.560.150.340.010.050.230.15-0.28-0.190.370.56-0.070.370.430.760.450.060.320.010.53-0.13-0.01
0.390.240.38-0.250.39-0.130.320.050.320.410.210.240.270.310.630.310.410.030.010.390.090.40.240.220.31
0.950.90.98-0.730.970.050.820.230.320.940.690.770.870.670.730.910.440.42-0.150.90.350.870.720.730.94
1.00.840.98-0.660.99-0.210.940.150.410.940.60.830.830.750.860.90.440.17-0.170.930.50.940.690.80.92
0.570.870.6-0.150.630.060.55-0.280.210.690.60.820.370.120.40.40.050.13-0.40.750.020.730.150.760.82
0.790.910.78-0.230.81-0.230.85-0.190.240.770.830.820.490.410.650.590.04-0.09-0.360.920.460.940.280.990.91
0.870.70.9-0.950.880.080.640.370.270.870.830.370.490.640.640.980.420.450.040.670.20.680.890.440.76
0.750.370.72-0.640.69-0.340.750.560.310.670.750.120.410.640.630.730.680.280.020.620.710.60.780.440.48
0.850.620.8-0.480.83-0.370.86-0.070.630.730.860.40.650.640.630.720.45-0.09-0.130.740.420.760.540.620.71
0.940.740.95-0.910.930.00.750.370.310.910.90.40.590.980.730.720.470.410.030.760.360.760.870.550.81
0.460.110.43-0.490.41-0.040.380.430.410.440.440.050.040.420.680.450.470.410.250.360.330.280.520.040.21
0.220.230.33-0.580.240.73-0.070.760.030.420.170.13-0.090.450.28-0.090.410.410.330.14-0.060.030.46-0.110.21
-0.13-0.29-0.12-0.18-0.170.34-0.280.450.01-0.15-0.17-0.4-0.360.040.02-0.130.030.250.33-0.220.19-0.310.05-0.3-0.24
0.910.90.9-0.480.91-0.160.890.060.390.90.930.750.920.670.620.740.760.360.14-0.220.50.950.50.90.94
0.480.220.42-0.120.4-0.330.640.320.090.350.50.020.460.20.710.420.360.33-0.060.190.50.460.230.570.3
0.920.880.9-0.470.92-0.240.90.010.40.870.940.730.940.680.60.760.760.280.03-0.310.950.460.510.910.93
0.740.460.75-0.930.72-0.130.540.530.240.720.690.150.280.890.780.540.870.520.460.050.50.230.510.240.53
0.760.850.74-0.180.77-0.240.84-0.130.220.730.80.760.990.440.440.620.550.04-0.11-0.30.90.570.910.240.87
0.910.990.93-0.550.94-0.020.81-0.010.310.940.920.820.910.760.480.710.810.210.21-0.240.940.30.930.530.87
Click cells to compare fundamentals

T Rowe Account Relationship Matchups

T Rowe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.7B12.5B11.6B12.3B12.9B
Total Stockholder Equity7.1B7.7B9.0B8.8B9.5B10.0B
Net Debt(1.6B)(2.0B)(1.3B)(1.4B)(1.7B)(1.6B)
Retained Earnings6.4B7.0B8.1B8.4B9.1B9.5B
Common Stock Shares Outstanding238.6M231.2M228.8M227.1M224.8M274.9M
Liabilities And Stockholders Equity9.3B10.7B12.5B11.6B12.3B12.9B
Non Current Liabilities Total1.1B1.4B2.3B2.0B1.5B1.6B
Total Liab1.1B1.4B2.3B2.0B2.0B2.1B
Property Plant And Equipment Net785.2M813M937.4M1.0B1.0B1.1B
Non Current Assets Total6.9B7.6B9.9B9.1B9.4B9.9B
Non Currrent Assets Other201.1M(84.5M)451.2M895.7M885.5M929.8M
Other Assets202.6M219.2M2.4B2.2B2.5B2.6B
Cash And Short Term Investments1.8B2.2B1.5B1.8B2.1B2.2B
Net Receivables646.6M863.1M1.1B748.7M614.9M322.2M
Total Current Assets2.4B3.0B2.6B2.5B2.9B3.0B
Common Stock47M45.6M45.8M44.9M44.8M46.9M
Other Current Liab31.8M85M77.9M(283.6M)8.7M10.2M
Total Current Liabilities246.3M272.7M508.9M452.7M475.7M499.5M
Other Liab39.2M618.1M1.4B184.9M212.6M194.4M
Accounts Payable214.5M187.7M431M406.7M409.5M430.0M
Cash1.8B2.2B1.5B1.8B2.1B1.2B
Accumulated Other Comprehensive Income(43M)(23M)(26.5M)(53M)(47.5M)(45.1M)
Property Plant Equipment674.4M695.4M937.4M1.0B1.2B1.2B
Common Stock Total Equity47M45.6M45.8M44.9M51.6M48.6M
Property Plant And Equipment Gross785.2M813M937.4M1.0B2.7B2.9B
Net Tangible Assets7.6B8.6B5.4B6.2B7.2B5.6B
Retained Earnings Total Equity6.4B7.0B8.1B8.4B9.7B5.1B
Long Term Investments2.9B3.3B4.9B4.1B3.7B2.6B
Non Current Liabilities Other748.9M984M2.3B2.0B962.6M836.3M
Warrants1.1B1.6B982.3M656.7M755.2M1.1B

Currently Active Assets on Macroaxis

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary 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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
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
0.361
Dividend Share
4.9
Earnings Share
8.41
Revenue Per Share
29.804
Quarterly Revenue Growth
0.138
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.