Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $6,207 | $7,672 | $6,488 | $6,461 | $7,094 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $2,746 | $3,710 | $2,374 | $1,986 | $2,333 |
| Net Income | $2,373 | $3,083 | $1,558 | $1,789 | $2,100 |
Over the five-year period, PRICE T ROWE GROUP INC experienced notable fluctuations in its revenue and income metrics. Revenue rose from USD 6,206.7 million in 2020 to a peak of USD 7,671.9 million in 2021—an increase of roughly 24%—before declining to USD 6,488.4 million in 2022 and then remaining relatively flat in 2023 at USD 6,460.5 million; it recovered somewhat in 2024 to reach USD 7,093.6 million. Gross profit figures are not provided, which limits a full margin analysis; however, the available operating and net income figures reveal more insights into operational efficiency. Operating income increased significantly from USD 2,745.7 million in 2020 to USD 3,710 million in 2021 (a 35% surge), suggesting a strong operational performance that year. This was followed by a sharp decline—over 36%—to USD 2,373.7 million in 2022, and a further reduction to USD 1,986.2 million in 2023. A modest rebound to USD 2,333.3 million in 2024 indicates some recovery but also underscores the volatility in the operating performance, with year-over-year swings exceeding 20% in certain periods. Net income trends mirror these fluctuations, rising from USD 2,372.7 million in 2020 to USD 3,082.9 million in 2021, only to see a nearly 50% decline to USD 1,557.9 million in 2022. It then recovered to USD 1,788.7 million in 2023 and further to USD 2,100.1 million in 2024. Such volatility may be driven by shifting market conditions, operational cost adjustments, or changes in asset management performance inherent to the financial services and asset management industry. Overall, while the company demonstrated periods of robust growth, the significant downturns in 2022 warrant a cautious view of sustainability. A more consistent recovery in revenue and income margins would be necessary to reinforce long-term financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.