T. Rowe Price Group Inc (TROW)
112.67
+1.07
(+0.96%)
USD |
NASDAQ |
May 13, 16:00
110.80
-1.87
(-1.66%)
Pre-Market: 09:01
T. Rowe Price Group Gross Profit Margin (Quarterly): 50.53% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 50.53% |
December 31, 2023 | 46.46% |
September 30, 2023 | 53.05% |
June 30, 2023 | 50.71% |
March 31, 2023 | 48.16% |
December 31, 2022 | 45.84% |
September 30, 2022 | 53.81% |
June 30, 2022 | 59.33% |
March 31, 2022 | 59.86% |
December 31, 2021 | 58.59% |
September 30, 2021 | 62.60% |
June 30, 2021 | 61.65% |
March 31, 2021 | 61.13% |
December 31, 2020 | 56.42% |
September 30, 2020 | 58.48% |
June 30, 2020 | 54.03% |
March 31, 2020 | 62.53% |
December 31, 2019 | 56.90% |
September 30, 2019 | 60.13% |
June 30, 2019 | 58.36% |
March 31, 2019 | 54.64% |
December 31, 2018 | 56.72% |
September 30, 2018 | 59.59% |
June 30, 2018 | 58.01% |
March 31, 2018 | 58.30% |
Date | Value |
---|---|
December 31, 2017 | 57.46% |
September 30, 2017 | 57.80% |
June 30, 2017 | 57.59% |
March 31, 2017 | 56.22% |
December 31, 2016 | 43.76% |
September 30, 2016 | 61.30% |
June 30, 2016 | 61.08% |
March 31, 2016 | 60.86% |
December 31, 2015 | 62.55% |
September 30, 2015 | 60.20% |
June 30, 2015 | 62.75% |
March 31, 2015 | 62.61% |
December 31, 2014 | 63.32% |
September 30, 2014 | 62.40% |
June 30, 2014 | 63.24% |
March 31, 2014 | 63.06% |
December 31, 2013 | 64.44% |
September 30, 2013 | 63.61% |
June 30, 2013 | 62.96% |
March 31, 2013 | 62.57% |
December 31, 2012 | 63.50% |
September 30, 2012 | 62.56% |
June 30, 2012 | 61.29% |
March 31, 2012 | 61.18% |
December 31, 2011 | -55.51% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
45.84%
Minimum
Dec 2022
62.60%
Maximum
Sep 2021
55.93%
Average
57.63%
Median
Gross Profit Margin (Quarterly) Benchmarks
Franklin Resources Inc | 78.92% |
Ameriprise Financial Inc | -- |
Principal Financial Group Inc | -- |
SEI Investments Co | 51.49% |
KKR & Co Inc | 10.69% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 18.78% |
Return on Assets | 15.54% |
Return on Invested Capital | 18.78% |
Profit Margin (Quarterly) | 32.78% |
Operating Margin (Quarterly) | 35.22% |
Return on Net Operating Assets | 38.66% |