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T Rowe Price Group TROW Product and recordkeeping related costs

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Other financials

Income statement

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Revenue$1.9B+10.7%
Operating income$540.5M+13.0%
Net income$565.0M+11.8%
EPS (diluted)$2.88+28.6%

Balance sheet

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Cash & equivalents$3.2B+3.3%
Total debt$438.1M-7.2%
Total equity$11.0B+4.2%
Total assets$15.4B+7.1%

Cash flow

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Operating cash flow$517.3M-2.4%
CapEx$62.0M-24.4%
Free cash flow$762.3M+38.4%

Valuation

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Market cap$24.53B+5.9%
P/E11.4×0.0×
P/S3.2×0.0×

Profitability

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Operating margin30.8%-1.0pp
Net margin28.4%-0.3pp
FCF margin24%

Returns & leverage

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Return on equity20%+0.1pp
Debt / equity0.0×

Where this comes from

Reported directly by T Rowe Price Group in its filing.

Tagged under the XBRL concept trow:ProductRelatedAndClientServicingExpenses.

The source filing: T Rowe Price Group’s 8-K, filed July 31, 2026. Open the filing →

Filed
Jul 31, 2026, 7:03 AM EDT
Accession
0001628280-26-051211

FAQ

What is T Rowe Price Group's product and recordkeeping related costs?
T Rowe Price Group (TROW) reported product and recordkeeping related costs of $83.1M in Q2 2026.
How has T Rowe Price Group's product and recordkeeping related costs changed year-over-year?
T Rowe Price Group's product and recordkeeping related costs increased by 11.1% year-over-year, from $74.8M to $83.1M.
What is the long-term trend for T Rowe Price Group's product and recordkeeping related costs?
Over 4 years (2021 to 2025), T Rowe Price Group's product and recordkeeping related costs has grown at a 7.3% compound annual growth rate (CAGR), from $236.3M to $312.9M.
What does product and recordkeeping related costs mean?
These costs cover the operational infrastructure required to maintain client records, provide account statements, and support product-specific administrative functions. These expenses are essential for maintaining high service standards and regulatory compliance for investment funds. They are generally correlated with the number of client accounts and transaction volume.

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