T. Rowe Price Group (FRA:TR1) Tax Rate % : 23.48% (As of Mar. 2024)

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What is T. Rowe Price Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. T. Rowe Price Group's Tax Expense for the three months ended in Mar. 2024 was €168 Mil. T. Rowe Price Group's Pre-Tax Income for the three months ended in Mar. 2024 was €713 Mil. Therefore, T. Rowe Price Group's Tax Rate % for the quarter that ended in Mar. 2024 was 23.48%.

T. Rowe Price Group Tax Rate % Historical Data

The historical data trend for T. Rowe Price Group's Tax Rate % 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.

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T. Rowe Price Group Tax Rate % Chart

T. Rowe Price Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.17

22.17

22.43

25.59

26.29

T. Rowe Price Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															28.71	24.78	24.81	26.79	23.48

T. Rowe Price Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

T. Rowe Price Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	600.268	/	2283.605
	=	26.29 %

T. Rowe Price Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	167.532	/	713.46
	=	23.48 %

T. Rowe Price Group Tax Rate % Related Terms

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T. Rowe Price Group (FRA:TR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (FRA:TR1) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TROW:USA 1TROW:Italy TR1:Germany T1RO34:Brazil TROW:Austria

Address

100 East Pratt Street, Baltimore, MD, USA, 21202

Website

https://www.troweprice.com

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.

T. Rowe Price Group (FRA:TR1) Headlines

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