T. Rowe Price Group (TROW) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter ended December 31, 2024 increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported revenue direction was positive, continuing an upward trend observed throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter ended December 31, 2024 increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported revenue direction was positive, continuing an upward trend observed throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1.8B | +13.8% |
| Jun 30, 2024 | $1.7B | +7.6% |
| Sep 30, 2024 | $1.8B | +6.9% |
| Dec 31, 2024 | $1.8B | +11.1% |
Revenue performance
Revenue rose from the prior quarter, and the year-over-year comparison also showed an increase. The trailing twelve-month revenue reflected sustained growth over the full fiscal year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved, and versus the same quarter one year earlier, revenue was higher. The sequential and annual comparisons both indicated positive momentum.
What to watch
Monitor whether the revenue growth rate can be sustained in the upcoming quarters given the sequential deceleration in the quarterly change percentages.