FINHUB Insights

TROW · Q3 FY24 · Jul 1 – Sep 30, 2024

T. Rowe Price Q3 FY24: where the revenue came from and where it went

T. Rowe Price Q3 FY24: revenue $1.8B (+7% year over year). Net profit $0.6B. Largest cohort Asset Management1 $1.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Nov 1, 2024 10-Q
Sankey diagram of T. Rowe Price's income statement for Q3 FY24: revenue of $1.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.8B +7% year over year
Operating profit$0.6B 34% margin
Net profit$0.6B 34% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
ItemValueShare of revenueYear over year
Revenue 1.8 100% +7%
Asset Management1 1.6 89% +12%
Administrative Distribution and… 0.1 6% +5%
Compensation and related−-0.138%+0pp
Net operating income−0.634%+0pp
Technology, occupancy, and facility−0.29%+0pp
Net gains on investments−0.17%+0pp
General, administrative, and other−0.16%+0pp
Other−0.317%+0pp
Operating profit0.634% margin+0pp
Tax−0.2
Net profit0.634%+7pp
Filing on EDGAR More quarters of TROW

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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