Company: TROW
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001113169-25-000007
Chunk: 118

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 118
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.3)(0.29)Other non-operating income(5)— — (110.9)(23.9)(87.0)(0.38)Adjusted Non-GAAP Basis$4,498.8 $2,685.9 $148.7 $695.1 $2,139.5 $9.33 

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2023(in millions, except per-share amount)Operating expensesNet operating incomeNon-operating income (loss)Provision (benefit) for income taxes(6)Net income attributable to T. Rowe Price Group, Inc.Diluted earnings per share(7)U.S. GAAP Basis (FS line item)$4,474.3 $1,986.2 $504.1 $654.6 $1,788.7 $7.76 Non-GAAP adjustments:Acquisition-related:Investment and NCI amortization and impairments(1) (Capital allocation-based income and Compensation and related costs)25.4 35.9 — 7.9 28.0 0.12 Acquisition-related retention arrangements(1) (Compensation and related costs)(55.0)55.0 — 10.8 44.2 0.19 Contingent consideration(1) 82.4 (82.4)— (10.6)(71.8)(0.31)Intangible assets amortization and impairments(1) (134.2)134.2 — 28.8 105.4 0.46 Total acquisition-related(81.4)142.7 — 36.9 105.8 0.46 Deferred compensation liabilities(3) (Compensation and related costs)(123.2)123.2 (123.6)0.5 (0.9)— Consolidated investment products(4)(9.0)11.1 (164.6)(22.3)(84.2)(0.37)Other non-operating income(5)— — (75.1)(15.8)(59.3)(0.26)Adjusted Non-GAAP Basis$4,260.7 $2,263.2 $140.8 $653.9 $1,750.1 $7.59 

2022(in millions, except per-share amount