Name | Value |
---|---|
Revenues | 1,642.0M |
Cost of Revenue | 271.9M |
Gross Profit | 1,370.1M |
Operating Expense | 951.4M |
Operating I/L | 387.2M |
Other Income/Expense | 259.7M |
Interest Income | 0.0M |
Pretax | 646.9M |
Income Tax Expense | 173.3M |
Net Income/Loss | 437.6M |
T. Rowe Price Group, Inc. is a global investment manager offering services to individuals, institutions, and retirement plans. The firm specializes in launching and managing equity and fixed income mutual funds, investing in public equity and fixed income markets worldwide. Utilizing fundamental and quantitative analysis, it employs a bottom-up approach and integrates in-house and external research. T. Rowe Price Group, Inc. also engages in socially responsible investing, focusing on environmental, social, and governance issues. Additionally, the firm makes investments in late-stage venture capital transactions, typically ranging between $3 million and $5 million.