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GuruFocus has detected 3 Warning Signs with T. Rowe Price Group Inc $TROW.
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T. Rowe Price Group Inc (NAS:TROW)
Pre-Tax Income
$2,101 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. T. Rowe Price Group Inc's pretax income for the three months ended in Mar. 2017 was $637 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $2,101 Mil. T. Rowe Price Group Inc's pretax margin was 57.17%.

During the past 13 years, T. Rowe Price Group Inc's highest Pretax Margin was 50.30%. The lowest was 36.89%. And the median was 46.96%.


Definition

This is the income that a company earns before paying income taxes.

T. Rowe Price Group Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1733.4+227.1+0+0+0
=1,961

T. Rowe Price Group Inc's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=521.7+115+0+0+0
=637

T. Rowe Price Group Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 325 (Jun. 2016 ) + 564 (Sep. 2016 ) + 575.5 (Dec. 2016 ) + 636.7 (Mar. 2017 ) = $2,101 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

T. Rowe Price Group Inc's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=636.7/1113.6
=57.17%

During the past 13 years, T. Rowe Price Group Inc's highest Pretax Margin was 50.30%. The lowest was 36.89%. And the median was 46.96%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

T. Rowe Price Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 1,0777966891,0701,2511,4351,7002,0032,0021,961

T. Rowe Price Group Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 519505541459498496325564576637
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