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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 3,058.9 $ 2,649.8
Accounts receivable and accrued revenue 861.8 877.4
Investments 3,359.9 3,000.5
Assets of consolidated investment products ($1,861.7 million at June 30, 2025 and $1,555.6 million at December 31, 2024, related to variable interest entities) 1,989.0 2,044.0
Operating lease assets 412.0 226.8
Property, equipment and software, net 988.1 977.0
Intangible assets, net 316.9 368.1
Goodwill 2,642.8 2,642.8
Other assets 712.8 685.6
Total assets 14,342.2 13,472.0
LIABILITIES    
Accounts payable and accrued expenses 335.5 353.5
Liabilities of consolidated investment products ($80.6 million at June 30, 2025 and $46.2 million at December 31, 2024, related to variable interest entities) 81.5 62.1
Operating lease liabilities 475.2 278.7
Accrued compensation and related costs 563.1 219.8
Deferred compensation liabilities 1,051.6 1,020.7
Income taxes payable 22.4 87.1
Total liabilities 2,529.3 2,021.9
Commitments and contingent liabilities
Redeemable non-controlling interests 1,099.1 944.0
STOCKHOLDERS’ EQUITY    
Preferred stock, undesignated, $0.20 par value – authorized and unissued 20,000,000 shares 0.0 0.0
Common stock, $0.20 par value—authorized 750,000,000; issued 219,902,000 shares at June 30, 2025 and 222,966,000 at December 31, 2024 44.0 44.6
Additional capital in excess of par value 99.8 311.9
Retained earnings 10,461.3 10,040.6
Accumulated other comprehensive loss (44.6) (51.7)
Total stockholders’ equity attributable to T. Rowe Price Group, Inc. 10,560.5 10,345.4
Non-controlling interests in consolidated entities 153.3 160.7
Total permanent stockholders’ equity 10,713.8 10,506.1
Total liabilities, redeemable non-controlling interests, and permanent stockholders’ equity $ 14,342.2 $ 13,472.0