The historical rank and industry rank for T. Rowe Price Group's Net Margin % or its related term are showing as below:
BSP:T1RO34'
s Net Margin % Range Over the Past 10 Years
Min: 24.01 Med: 30.87 Max: 40.18
Current: 27.69
BSP:T1RO34's Net Margin % is ranked worse than 69.42% of 1671
companies
in the Asset Management industry
Industry Median: 86.04
vs BSP:T1RO34: 27.69
T. Rowe Price Group Net Margin % Historical Data
The historical data trend for T. Rowe Price Group's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of T. Rowe Price Group's Net Margin %
For the Asset Management subindustry, T. Rowe Price Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, T. Rowe Price Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where T. Rowe Price Group's Net Margin % falls into.
T. Rowe Price Group Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
T. Rowe Price Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
T. Rowe Price Group (BSP:T1RO34) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
T. Rowe Price Group Net Margin % Related Terms
Thank you for viewing the detailed overview of T. Rowe Price Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
T. Rowe Price Group (BSP:T1RO34) Business Description
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.
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