Company / Operating Margin
T. Rowe Price Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
29.9%
FY2025
5-year range
29.9% / 48.4%
FY2021-FY2025
Trend
-9.0%
vs FY2024
Sector context
#29 of 105
Financials
What the data says
At 29.9%, T. Rowe Price's operating margin ranks #29 of 105 in the Financials sector. Operating Margin has fluctuated over the past 10 years, ranging from 29.9% in FY2025 to 48.4% in FY2023.
Based on SEC 10-K filings.
29.9% in FY2025 with a 5-year CAGR of -14.3%.
Declined from 48.4% to 29.9% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -14.3pp
- 5-Year Change
- -14.3pp
- 10-Year Change
- -
Sector benchmark
#29 of 105 in FinancialsTop 28% of 105This company 29.9% Sector average -49.0%
▼
+161.1% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 9.0% year-over-year.
- Currently 78.9pp above the Financials sector average.
- Peak operating margin was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 2.94 (safe zone, above 2.9 threshold)
- Strong profit margin: 28.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 29.9% | -9.0% |
| FY2024 | 32.9% | -32.0% |
| FY2023 | 48.4% | +9.3% |
| FY2022 | 44.2% | +4.1% |
| FY2021 | 42.5% | -4.0% |
| FY2020 | 44.2% | +1.8% |
| FY2019 | 43.4% | -1.2% |
| FY2018 | 44.0% | +1.2% |
| FY2017 | 43.4% | +7.4% |
| FY2016 | 40.5% | -10.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026