$TROW
PRICE T ROWE GROUP INC

2021 Q2 Form 10-Q Financial Statement

#000111316921000028 Filed on July 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2021 Q1 2020 Q2
Revenue $1.929B $1.827B $1.415B
YoY Change 36.31% 24.9% 1.45%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $927.9M $892.6M $822.1M
YoY Change 12.87% 25.05% 10.1%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.40M $49.00M $48.20M
YoY Change 4.56% 6.29% 9.3%
% of Gross Profit
Operating Expenses $971.2M $933.6M $861.7M
YoY Change 12.71% 23.59% 10.46%
Operating Profit $958.1M $893.2M $553.7M
YoY Change 73.04% 26.3% -9.98%
Interest Expense $143.2M $103.2M $413.1M
YoY Change -65.34% -121.28% 231.81%
% of Operating Profit 14.95% 11.55% 74.61%
Other Income/Expense, Net $143.9M $102.1M $415.1M
YoY Change -65.33% -120.41% 233.41%
Pretax Income $1.102B $995.3M $968.8M
YoY Change 13.75% 381.05% 30.99%
Income Tax $259.3M $230.5M $240.3M
% Of Pretax Income 23.53% 23.16% 24.8%
Net Earnings $815.7M $749.4M $603.0M
YoY Change 35.27% 118.42% 14.31%
Net Earnings / Revenue 42.28% 41.02% 42.6%
Basic Earnings Per Share $3.50 $3.20 $2.58
Diluted Earnings Per Share $3.46 $3.17 $2.55
COMMON SHARES
Basic Shares Outstanding 226.9M shares 227.7M shares 227.4M shares
Diluted Shares Outstanding 229.2M shares 230.0M shares 229.5M shares

Balance Sheet

Concept 2021 Q2 2021 Q1 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.515B $2.830B $2.058B
YoY Change 70.79% 81.18% 14.21%
Cash & Equivalents $3.515B $2.830B $2.058B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $918.2M $886.0M $656.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.433B $3.716B $2.714B
YoY Change 63.34% 73.08% 12.06%
LONG-TERM ASSETS
Property, Plant & Equipment $716.7M $703.9M $685.4M
YoY Change 4.57% 4.25% 1.99%
Goodwill $665.7M $665.7M $665.7M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $5.142B $5.350B $5.062B
YoY Change 1.58% 12.49% 5.92%
Other Assets
YoY Change
Total Long-Term Assets $6.846B $7.048B $6.763B
YoY Change 1.22% 8.61% 4.21%
TOTAL ASSETS
Total Short-Term Assets $4.433B $3.716B $2.714B
Total Long-Term Assets $6.846B $7.048B $6.763B
Total Assets $11.28B $10.76B $9.477B
YoY Change 19.01% 24.63% 6.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $246.2M $229.0M $194.0M
YoY Change 26.91% 15.08% 0.52%
Accrued Expenses $618.5M $407.0M $551.0M
YoY Change 12.25% 4.9% 4.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.667B $920.0M $1.004B
YoY Change 66.03% 42.64% 29.72%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $838.9M $824.0M $632.0M
YoY Change 32.74% 40.37% 15.54%
Total Long-Term Liabilities $838.9M $824.0M $632.0M
YoY Change 32.74% 40.37% 15.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.667B $920.0M $1.004B
Total Long-Term Liabilities $838.9M $824.0M $632.0M
Total Liabilities $2.506B $1.743B $1.637B
YoY Change 53.12% 41.51% 23.89%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $719.1M $700.0M $700.0M
YoY Change 2.73% -0.03% -0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.893B $8.008B $6.751B
YoY Change
Total Liabilities & Shareholders Equity $11.28B $10.76B $9.477B
YoY Change 19.01% 24.63% 6.34%

Cashflow Statement

Concept 2021 Q2 2021 Q1 2020 Q2
OPERATING ACTIVITIES
Net Income $815.7M $749.4M $603.0M
YoY Change 35.27% 118.42% 14.31%
Depreciation, Depletion And Amortization $50.40M $49.00M $48.20M
YoY Change 4.56% 6.29% 9.3%
Cash From Operating Activities $807.3M $994.7M $853.0M
YoY Change -5.36% 26.28% 130.48%
INVESTING ACTIVITIES
Capital Expenditures -$63.00M $58.80M -$59.30M
YoY Change 6.24% 27.83% 26.71%
Acquisitions
YoY Change
Other Investing Activities $99.50M -$7.500M $34.10M
YoY Change 191.79% 1775.0% -33.79%
Cash From Investing Activities $36.50M -$30.80M -$25.20M
YoY Change -244.84% -211.59% -636.17%
FINANCING ACTIVITIES
Cash Dividend Paid $252.3M
YoY Change 17.24%
Common Stock Issuance & Retirement, Net $259.2M
YoY Change -70.92%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -185.2M -$307.5M -318.8M
YoY Change -41.91% -69.01% 63.07%
NET CHANGE
Cash From Operating Activities 807.3M $994.7M 853.0M
Cash From Investing Activities 36.50M -$30.80M -25.20M
Cash From Financing Activities -185.2M -$307.5M -318.8M
Net Change In Cash 658.6M $657.3M 509.0M
YoY Change 29.39% -468.86% 183.88%
FREE CASH FLOW
Cash From Operating Activities $807.3M $994.7M $853.0M
Capital Expenditures -$63.00M $58.80M -$59.30M
Free Cash Flow $870.3M $935.9M $912.3M
YoY Change -4.6% 26.18% 118.83%

Facts In Submission

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PRICE T ROWE GROUP INC
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0001113169-21-000028.txt Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
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