GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (NAS:TROW) » Definitions » 3-Year Revenue Growth Rate

T. Rowe Price Group (T. Rowe Price Group) 3-Year Revenue Growth Rate : 2.30% (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is T. Rowe Price Group 3-Year Revenue Growth Rate?

T. Rowe Price Group's Revenue per Share for the three months ended in Dec. 2023 was $7.33.

During the past 12 months, T. Rowe Price Group's average Revenue per Share Growth Rate was 0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of T. Rowe Price Group was 26.90% per year. The lowest was -4.70% per year. And the median was 12.60% per year.


Competitive Comparison of T. Rowe Price Group's 3-Year Revenue Growth Rate

For the Asset Management subindustry, T. Rowe Price Group's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


T. Rowe Price Group's 3-Year Revenue Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's 3-Year Revenue Growth Rate falls into.



T. Rowe Price Group 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


T. Rowe Price Group  (NAS:TROW) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


T. Rowe Price Group 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of T. Rowe Price Group's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


T. Rowe Price Group (T. Rowe Price Group) Business Description

Address
100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
Executives
Higginbotham Robert C.t. officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Thomson Andrew Justin Mackenzie officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
William P Donnelly director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Andrew C. Mccormick officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Cynthia F Smith director 100 E. PRATT STREET, BALTIMORE MD 21202
Jessica M Hiebler officer: Principal Accounting Officer 100 E. PRATT STREET, BALTIMORE MD 21202
William J Stromberg officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Kimberly H Johnson officer: COO and VP C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Joshua B Nelson officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Glenn R August director, officer: Vice President C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Eileen P Rominger director 100 E. PRATT STREET, BALTIMORE MD 21202
Sebastien Page officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Jennifer B Dardis other: CFO and VP 100 E. PRATT STREET, BALTIMORE MD 21202
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
W. Sharps Robert officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202