T. Rowe Price
0.73 %
-19.77 %
Yet to be announced
Company Overview
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It invests in the public equity and fixed income markets across the globe.
Revenue Sources
PassBased on the company's financial statements and SEC filings, T. Rowe Price's primary revenue stream comes from investment management and advisory services. While they may invest in various sectors through their funds, their core business model of collecting management fees for investment services is halal. The company does not directly operate in any haram industries such as alcohol, gambling, or adult entertainment.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.76b | $1.17b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $1.82b | $1.26b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $1.79b | $1.17b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $1.73b | $1.17b | - | - | 0.00% | 0.00% |
Analyzing the last four quarters of financial data, T. Rowe Price shows zero interest income and zero interest expense across all periods. This indicates the company operates without significant reliance on interest-based income or financing. Their revenue model is primarily fee-based from investment management services.
Operational Ethics
PassAfter reviewing available information, there is no evidence of significant ongoing associations with the state of Israel or the Chinese Communist Party. The company maintains operations in various global locations but no direct ties to entities involved in human rights violations were identified.
Comments