T. Rowe Price
TROW
#716
Rank
$27.26 B
Marketcap
$121.92
Share price
0.88%
Change (1 day)
12.76%
Change (1 year)

Operating Margin for T. Rowe Price (TROW)

Operating Margin as of March 2024 (TTM): 34.18%

According to T. Rowe Price 's latest financial reports and stock price the company's current Operating Margin is 34.18%. At the end of 2022 the company had an Operating Margin of 30.03%.

Operating Margin history for T. Rowe Price from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202230.03%-42.33%
202152.07%-0.32%
202052.24%0.25%
201952.11%17.4%
201844.38%-15.08%
201752.27%12.58%
201646.43%-2.61%
201547.67%-5.23%
201450.30%3.07%
201348.80%2.79%
201247.48%4.3%
201145.52%0.72%
201045.20%22.53%
200936.89%-1.94%
200837.62%-22.15%
200748.32%2.19%
200647.29%5.25%
200544.93%7.49%
200441.80%14.22%
200336.59%9.43%
200233.44%3.94%
200132.17%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
21.70%-36.51%๐Ÿ‡บ๐Ÿ‡ธ USA
20.89%-38.88%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
74.96% 119.31%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.