Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $6,207 | $7,672 | $6,488 | $6,461 | $7,094 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $2,746 | $3,710 | $2,374 | $1,986 | $2,333 |
| Net Income | $2,373 | $3,083 | $1,558 | $1,789 | $2,100 |
Over the past five years, Price T Rowe Group Inc. has experienced a mixed yet resilient performance profile. Revenue increased significantly by roughly 24% from 2020’s 6,206.7 million USD to 2021’s 7,671.9 million USD, indicating robust growth in its asset management activities during that period. However, in 2022 revenue declined to 6,488.4 million USD—approximately a 15% drop year-over-year—which could signal shifts in market conditions or changes in asset flows impacting fee income. Notably, gross profit is reported as zero across all years; this may be due to the company’s service-based business model where traditional cost of goods sold metrics might not be applicable, thereby focusing analysis on operating margins and net income. Operating income displayed a similar cyclic pattern. It peaked at 3,710 million USD in 2021 before falling sharply by nearly 36% to 2,373.7 million USD in 2022. Although there was a moderate recovery to 2,986.2 million USD on average in the later years (with 2,333.3 million USD in 2024), these fluctuations highlight potential impacts from varying expense management or market-driven changes in revenues. Net income trends mirror this pattern with a peak of 3,082.9 million USD in 2021 declining to 1,557.9 million USD in 2022, before rebounding to 2,100.1 million USD in 2024. Overall, despite some notable year-over-year swings—particularly the decline from 2021 to 2022—the company’s strong net earnings and sizable operating income reinforce its overall financial health and sustainability in the competitive investment management industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.