T. Rowe Price Group Inc (TROW)
110.88
-1.20
(-1.07%)
USD |
NASDAQ |
Apr 30, 10:39
T. Rowe Price Group Profit Margin (Quarterly): 32.78% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 32.78% |
| December 31, 2023 | 26.65% |
| September 30, 2023 | 27.13% |
| June 30, 2023 | 29.59% |
| March 31, 2023 | 27.41% |
| December 31, 2022 | 17.45% |
| September 30, 2022 | 24.20% |
| June 30, 2022 | 22.45% |
| March 31, 2022 | 30.48% |
| December 31, 2021 | 37.75% |
| September 30, 2021 | 39.77% |
| June 30, 2021 | 42.28% |
| March 31, 2021 | 41.02% |
| December 31, 2020 | 45.21% |
| September 30, 2020 | 40.31% |
| June 30, 2020 | 42.60% |
| March 31, 2020 | 23.46% |
| December 31, 2019 | 37.13% |
| September 30, 2019 | 38.26% |
| June 30, 2019 | 37.81% |
| March 31, 2019 | 38.62% |
| December 31, 2018 | 26.97% |
| September 30, 2018 | 41.80% |
| June 30, 2018 | 33.38% |
| March 31, 2018 | 34.16% |
| Date | Value |
|---|---|
| December 31, 2017 | 26.75% |
| September 30, 2017 | 31.56% |
| June 30, 2017 | 31.53% |
| March 31, 2017 | 34.07% |
| December 31, 2016 | 32.94% |
| September 30, 2016 | 29.99% |
| June 30, 2016 | 19.46% |
| March 31, 2016 | 30.59% |
| December 31, 2015 | 28.82% |
| September 30, 2015 | 26.42% |
| June 30, 2015 | 31.07% |
| March 31, 2015 | 30.14% |
| December 31, 2014 | 30.90% |
| September 30, 2014 | 29.74% |
| June 30, 2014 | 31.07% |
| March 31, 2014 | 31.88% |
| December 31, 2013 | 30.94% |
| September 30, 2013 | 30.56% |
| June 30, 2013 | 29.01% |
| March 31, 2013 | 29.66% |
| December 31, 2012 | 29.47% |
| September 30, 2012 | 32.13% |
| June 30, 2012 | 28.07% |
| March 31, 2012 | 27.10% |
| December 31, 2011 | 28.05% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
17.45%
Minimum
Dec 2022
45.21%
Maximum
Dec 2020
33.19%
Average
34.96%
Median
Profit Margin (Quarterly) Benchmarks
| Franklin Resources Inc | 12.62% |
| BlackRock Inc | 33.27% |
| Principal Financial Group Inc | -32.40% |
| SEI Investments Co | 25.69% |
| KKR & Co Inc | 23.79% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 18.78% |
| Return on Assets | 15.54% |
| Return on Invested Capital | 18.78% |
| Gross Profit Margin (Quarterly) | 50.53% |
| Operating Margin (Quarterly) | 35.22% |
| Return on Net Operating Assets | 38.66% |