Price T Rowe (TROW) Gross Margin (2009 - 2017)
Price T Rowe (TROW) posted Gross Margin of 88.7% for Q4 2017, down 1.75% on a QoQ basis from 90.28% in Q3 2017.
Price T Rowe (TROW) Gross Margin (2009 - 2017) Analysis & Trends
Price T Rowe's Gross Margin history runs 8 years deep, the most recent figure standing at 88.7% for Q4 2017.
- Quarterly Gross Margin changed N/A year-over-year to 88.7% in Q4 2017, while the trailing twelve-month figure through Dec 2017 was 89.87% (changed N/A YoY) and the FY2017 annual result came in at 89.87%, down 76.0% from the prior year.
- Gross Margin was 88.7% for Q4 2017 at Price T Rowe, down from 90.28% in the prior quarter.
- Across five years, Gross Margin topped out at 93.01% in Q3 2014 and bottomed at 88.7% in Q4 2017.
- A 4-year average of 91.79% and a median of 92.48% in 2013 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2013 — Gross Margin slumped 713 bps — and 2014, when it soared 58 bps.
- Price T Rowe's Gross Margin stood at 92.35% in 2013, then climbed by 0 bps to 92.53% in 2014, then slipped by 3 bps to 90.16% in 2015, then slipped by 2 bps to 88.7% in 2017.
- Business Quant data shows TROW's Gross Margin at 88.7% in Q4 2017, 90.28% in Q3 2017, and 89.7% in Q2 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | -40.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2017 | 88.70% |
| Sep 30, 2017 | 90.28% |
| Jun 30, 2017 | 89.70% |
| Mar 31, 2017 | 90.93% |
| Dec 31, 2015 | 90.16% |
| Sep 30, 2015 | 91.74% |
| Jun 30, 2015 | 92.65% |
| Mar 31, 2015 | 92.94% |
| Dec 31, 2014 | 92.53% |
| Sep 30, 2014 | 93.01% |
| Jun 30, 2014 | 92.81% |
| Mar 31, 2014 | 92.90% |
| Dec 31, 2013 | 92.35% |
| Sep 30, 2013 | 92.42% |
| Jun 30, 2013 | 92.63% |
| Mar 31, 2013 | 92.87% |
| Dec 31, 2012 | 92.40% |
| Sep 30, 2012 | 93.05% |
| Jun 30, 2012 | 92.87% |
| Mar 31, 2012 | 100.00% |