Price T Rowe Group annual operating margin
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2025
Price T Rowe Group Operating Margin Growth & History (TROW)
Price T Rowe Group's operating margin was 29.92% for fiscal 2025.
View full Price T Rowe Group company overviewPrice T Rowe Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 29.92% | −2.97 pp |
| 2024 | 2024-12-31 | 32.89% | +2.15 pp |
| 2023 | 2023-12-31 | 30.74% | −5.84 pp |
| 2022 | 2022-12-31 | 36.58% | −11.77 pp |
| 2021 | 2021-12-31 | 48.36% | +4.12 pp |
| 2020 | 2020-12-31 | 44.24% | +1.75 pp |
| 2019 | 2019-12-31 | 42.49% | −1.46 pp |
| 2018 | 2018-12-31 | 43.95% | +0.52 pp |
| 2017 | 2017-12-31 | 43.44% | +2.98 pp |
| 2016 | 2016-12-31 | 40.45% | −4.75 pp |
| 2015 | 2015-12-31 | 45.21% | −2.28 pp |
| 2014 | 2014-12-31 | 47.48% | +0.49 pp |
| 2013 | 2013-12-31 | 47.00% | +1.86 pp |
| 2012 | 2012-12-31 | 45.14% | +0.48 pp |
| 2011 | 2011-12-31 | 44.66% | +0.94 pp |
| 2010 | 2010-12-31 | 43.72% | +6.24 pp |
| 2009 | 2009-12-31 | 37.48% | −2.52 pp |
| 2008 | 2008-12-31 | 40.00% | −4.62 pp |
| 2007 | 2007-12-31 | 44.62% | — |
Price T Rowe Group quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 28.34% | +0.58 pp |
| Q1 2026 | 2026-03-31 | 36.65% | +2.84 pp |
| Q4 2025 | 2025-12-31 | 24.35% | −6.80 pp |
| Q3 2025 | 2025-09-30 | 33.97% | −0.39 pp |
| Q2 2025 | 2025-06-30 | 27.75% | −4.82 pp |
| Q1 2025 | 2025-03-31 | 33.81% | +0.29 pp |
| Q4 2024 | 2024-12-31 | 31.15% | +7.57 pp |
| Q3 2024 | 2024-09-30 | 34.36% | −0.43 pp |
| Q2 2024 | 2024-06-30 | 32.58% | −0.55 pp |
| Q1 2024 | 2024-03-31 | 33.52% | +2.03 pp |
| Q4 2023 | 2023-12-31 | 23.58% | +6.98 pp |
| Q3 2023 | 2023-09-30 | 34.79% | −1.39 pp |
| Q2 2023 | 2023-06-30 | 33.13% | −11.06 pp |
| Q1 2023 | 2023-03-31 | 31.49% | −15.61 pp |
| Q4 2022 | 2022-12-31 | 16.61% | −27.36 pp |
| Q3 2022 | 2022-09-30 | 36.18% | −14.80 pp |
| Q2 2022 | 2022-06-30 | 44.19% | −5.47 pp |
| Q1 2022 | 2022-03-31 | 47.10% | −1.80 pp |
| Q4 2021 | 2021-12-31 | 43.97% | +0.35 pp |
| Q3 2021 | 2021-09-30 | 50.98% | +5.30 pp |
| Q2 2021 | 2021-06-30 | 49.66% | +10.54 pp |
| Q1 2021 | 2021-03-31 | 48.89% | +0.54 pp |
| Q4 2020 | 2020-12-31 | 43.62% | +4.11 pp |
| Q3 2020 | 2020-09-30 | 45.68% | −0.52 pp |
| Q2 2020 | 2020-06-30 | 39.12% | −4.97 pp |
| Q1 2020 | 2020-03-31 | 48.35% | +8.23 pp |
| Q4 2019 | 2019-12-31 | 39.51% | −2.04 pp |
| Q3 2019 | 2019-09-30 | 46.20% | +0.26 pp |
| Q2 2019 | 2019-06-30 | 44.09% | −0.13 pp |
| Q1 2019 | 2019-03-31 | 40.12% | −3.84 pp |
| Q4 2018 | 2018-12-31 | 41.56% | +0.63 pp |
| Q3 2018 | 2018-09-30 | 45.93% | +1.65 pp |
| Q2 2018 | 2018-06-30 | 44.22% | +1.42 pp |
| Q1 2018 | 2018-03-31 | 43.96% | −2.10 pp |
| Q4 2017 | 2017-12-31 | 40.92% | −2.32 pp |
| Q3 2017 | 2017-09-30 | 44.28% | +0.59 pp |
| Q2 2017 | 2017-06-30 | 42.80% | −4.55 pp |
| Q1 2017 | 2017-03-31 | 46.06% | −0.46 pp |
| Q4 2015 | 2015-12-31 | 43.24% | −3.71 pp |
| Q3 2015 | 2015-09-30 | 43.69% | −4.18 pp |
| Q2 2015 | 2015-06-30 | 47.35% | −0.71 pp |
| Q1 2015 | 2015-03-31 | 46.52% | −0.52 pp |
| Q4 2014 | 2014-12-31 | 46.95% | −0.38 pp |
| Q3 2014 | 2014-09-30 | 47.87% | −0.28 pp |
| Q2 2014 | 2014-06-30 | 48.06% | +1.38 pp |
| Q1 2014 | 2014-03-31 | 47.05% | +1.37 pp |
| Q4 2013 | 2013-12-31 | 47.33% | +1.45 pp |
| Q3 2013 | 2013-09-30 | 48.16% | +1.53 pp |
| Q2 2013 | 2013-06-30 | 46.68% | +2.16 pp |
| Q1 2013 | 2013-03-31 | 45.68% | +2.29 pp |
| Q4 2012 | 2012-12-31 | 45.88% | +2.01 pp |
| Q3 2012 | 2012-09-30 | 46.63% | +3.23 pp |
| Q2 2012 | 2012-06-30 | 44.52% | −1.19 pp |
| Q1 2012 | 2012-03-31 | 43.39% | −2.20 pp |
| Q4 2011 | 2011-12-31 | 43.87% | +0.25 pp |
| Q3 2011 | 2011-09-30 | 43.40% | −1.22 pp |
| Q2 2011 | 2011-06-30 | 45.71% | +1.94 pp |
| Q1 2011 | 2011-03-31 | 45.59% | +2.75 pp |
| Q4 2010 | 2010-12-31 | 43.62% | +1.35 pp |
| Q3 2010 | 2010-09-30 | 44.62% | +3.08 pp |
| Q2 2010 | 2010-06-30 | 43.77% | +9.06 pp |
| Q1 2010 | 2010-03-31 | 42.85% | +14.17 pp |
| Q4 2009 | 2009-12-31 | 42.27% | −0.68 pp |
| Q3 2009 | 2009-09-30 | 41.53% | −2.47 pp |
| Q2 2009 | 2009-06-30 | 34.70% | — |
| Q1 2009 | 2009-03-31 | 28.68% | — |
| Q3 2008 | 2008-09-30 | 42.96% | — |
| Q2 2008 | 2008-06-30 | 44.00% | — |
Price T Rowe Group operating margin trends
Over the last five reported fiscal years, Price T Rowe Group's operating margin decreased from 44.24% to 29.92%, a change of −14.31 percentage points. The latest reported quarter, Q2 2026, shows 28.34%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Price T Rowe Group filings at SEC.gov ↗