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Pay vs Performance Disclosure $ / shares in Units, pure in Millions | 12 Months Ended
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Dec. 31, 2024 USD ($) $ / shares | Dec. 31, 2023 USD ($) $ / shares | Dec. 31, 2022 USD ($) $ / shares | Dec. 31, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($) $ / shares
Pay vs Performance Disclosure |  |  |  |  |
Pay vs Performance Disclosure, Table |
|  |  |  |  |  | AVERAGE |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  | SUMMARY |  | AVERAGE |  | VALUE OF INITIAL FIXED $100 |  |  |  |  |
|  | SUMMARY |  |  |  | COMPENSATION |  | COMPENSATION |  | INVESTMENT BASED ON: |  |  |  |  |
|  | COMPENSATION |  | COMPENSATION |  | TABLE TOTAL |  | ACTUALLY PAID |  | TOTAL |  | PEER GROUP |  | NET |  | NET |
|  | TABLE TOTAL |  | ACTUALLY PAID |  | FOR NON-PEO |  | TO NON-PEO |  | SHAREHOLDER |  | SHAREHOLDER |  | INCOME |  | REVENUEg |
YEAR |  | FOR PEO |  | TO PEO |  | NEOs |  | NEOs |  | RETURN |  | RETURNf |  | (in millions)1 |  | (in millions) |
2024a |  |  | $19,389,829 |  |  | $20,496,053 |  |  | $ 7,585,337 |  |  | $   7,916,063 |  |  | $112.88 |  |  | $245.56 |  |  | $2,135.8 |  |  | $7,093.6 |
2023b |  |  | $12,841,931 |  |  | $13,510,536 |  |  | $ 8,077,675 |  |  | $   8,191,931 |  |  | $102.91 |  |  | $174.60 |  |  | $1,835.7 |  |  | $6,460.5 |
2022c |  |  | $13,838,613 |  |  | $ 2,999,756 |  |  | $ 8,430,654 |  |  | $ 5,616,935 |  |  | $ 99.67 |  |  | $129.13 |  |  | $1,449.6 |  |  | $6,488.4 |
2021d |  |  | $17,127,330 |  |  | $23,404,280 |  |  | $ 9,119,220 |  |  | $10,768,644 |  |  | $172.50 |  |  | $175.40 |  |  | $3,098.5 |  |  | $7,671.9 |
2020e |  |  | $15,337,274 |  |  | $19,367,486 |  |  | $10,969,887 |  |  | $13,917,124 |  |  | $127.89 |  |  | $118.99 |  |  | $2,523.3 |  |  | $6,206.7 |
1 | Net income attributable to T. Rowe Price Group, Inc. was $2,100.1 million for 2024, $1,788.7 million for 2023, $1,557.9 million for 2022, $3,082.9 million for 2021, and $2,372.7 million for 2020.
a | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2024 are outlined below. No awards were modified in 2024. These valuations assume a year-end share price of $113.09 and an average vest share price of $123.59. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Nelson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2024 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2025 Proxy |  | $ | 19,389,829 |  |  | $ | 7,585,337 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2024 |  | $ | (9,420,078 | ) |  | $ | (1,925,135 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2024 |  | $ | 8,661,111 |  |  | $ | 1,770,028 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 527,963 |  |  | $ | 147,101 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2024 |  | $ | 648,195 |  |  | $ | 168,997 |
Add Dividend Equivalents Paid in 2024 |  | $ | 689,033 |  |  | $ | 169,735 |
Compensation Actually Paid in 2024 |  | $ | 20,496,053 |  |  | $ | 7,916,063 |
b | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2023 are outlined below. No awards were modified in 2023. These valuations assume a year-end share price of $107.69 and an average vest share price of $101.79. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2023 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2024 Proxy |  | $ | 12,841,931 |  |  | $ | 8,077,675 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2023 |  | $ | (5,100,097 | ) |  | $ | (1,468,859 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2023 |  | $ | 5,462,252 |  |  | $ | 1,573,162 |
Add Change in Fair Value of Prior Year Grants Unvested and Outstanding |  | $ | (132,516 | ) |  | $ | (35,248 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2023 |  | $ | (230,044 | ) |  | $ | (97,994 | )
Add Dividend Equivalents Paid in 2023 |  | $ | 669,010 |  |  | $ | 143,195 |
Compensation Actually Paid in 2023 |  | $ | 13,510,536 |  |  | $ | 8,191,931 |
c | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2022 are outlined below. No awards were modified in 2022. These valuations assume a year-end share price of $109.06 and average vest share price of $126.58. During this period, Mr. Sharps served as the PEO and Ms. Dardis, Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2022 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2023 Proxy |  | $ | 13,838,613 |  |  | $ | 8,430,654 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2022 |  | $ | (5,400,156 | ) |  | $ | (1,604,741 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2022 |  | $ | 4,854,042 |  |  | $ | 1,442,455 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | (8,444,026 | ) |  | $ | (1,999,648 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2022 |  | $ | (2,138,845 | ) |  | $ | (749,289 | )
Add Dividend Equivalents Paid in 2022 |  | $ | 290,128 |  |  | $ | 97,504 |
Compensation Actually Paid in 2022 |  | $ | 2,999,756 |  |  | $ | 5,616,935 |
d | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2021 are outlined below. No awards were modified in 2021. These valuations assume a year-end share price of $196.64 and an average vest share price of $190.44. During this period, Mr. Stromberg served as the PEO and Ms. Dardis; former CFO Ms. Dufétel; and Messrs. Sharps, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2021 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2022 Proxy |  | $ | 17,127,330 |  |  | $ | 9,119,220 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2021 |  | $ | (6,600,390 | ) |  | $ | (3,020,250 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2021 |  | $ | 6,355,405 |  |  | $ | 2,908,148 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 4,807,722 |  |  | $ | 1,693,273 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2021 |  | $ | 1,110,196 |  |  | $ | 958,513 |
Subtract Prior Year LTI Awards Forfeited in 2021 |  | $ | — |  |  | $ | (1,223,322 | )
Add Dividend Equivalents Paid in 2021 |  | $ | 604,017 |  |  | $ | 333,062 |
Compensation Actually Paid in 2021 |  | $ | 23,404,280 |  |  | $ | 10,768,644 |
e | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2020 are outlined below. No awards were modified in 2020. These valuations assume a year-end share price of $151.39 and an average vest share price of $139.84. During this period Mr. Stromberg served as the PEO and Ms. Dufétel and Messrs. Sharps, Alderson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2020 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2021 Proxy |  | $ | 15,337,274 |  |  | $ | 10,969,887 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2020 |  | $ | (5,900,108 | ) |  | $ | (3,512,648 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2020 |  | $ | 5,831,543 |  |  | $ | 3,471,827 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 3,066,315 |  |  | $ | 1,956,299 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2020 |  | $ | 504,223 |  |  | $ | 718,559 |
Add Dividend Equivalents Paid in 2020 |  | $ | 528,239 |  |  | $ | 313,200 |
Compensation Actually Paid in 2020 |  | $ | 19,367,486 |  |  | $ | 13,917,124 |
f | Our peer group total stockholder return is calculated with respect to the NASDAQ Asset Manager Index, which is the same peer group as reported pursuant to Item 201(e) of Regulation S-K.
g | In no particular order, the following table outlines what we believe to be our NEOs’ key performance measures. These measures are highlighted on pages 51 and 52. We believe net revenue to be the most significant measure in determining the compensation of our NEOs.
Company Selected Measure Name | net revenue |  |  |  |
Peer Group Issuers, Footnote | Our peer group total stockholder return is calculated with respect to the NASDAQ Asset Manager Index, which is the same peer group as reported pursuant to Item 201(e) of Regulation S-K. |  |  |  |
PEO Total Compensation Amount | $ 19,389,829 | $ 12,841,931 | $ 13,838,613 | $ 17,127,330 | $ 15,337,274
PEO Actually Paid Compensation Amount | $ 20,496,053 | 13,510,536 | 2,999,756 | 23,404,280 | 19,367,486
Adjustment To PEO Compensation, Footnote |
a | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2024 are outlined below. No awards were modified in 2024. These valuations assume a year-end share price of $113.09 and an average vest share price of $123.59. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Nelson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2024 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2025 Proxy |  | $ | 19,389,829 |  |  | $ | 7,585,337 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2024 |  | $ | (9,420,078 | ) |  | $ | (1,925,135 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2024 |  | $ | 8,661,111 |  |  | $ | 1,770,028 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 527,963 |  |  | $ | 147,101 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2024 |  | $ | 648,195 |  |  | $ | 168,997 |
Add Dividend Equivalents Paid in 2024 |  | $ | 689,033 |  |  | $ | 169,735 |
Compensation Actually Paid in 2024 |  | $ | 20,496,053 |  |  | $ | 7,916,063 |
b | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2023 are outlined below. No awards were modified in 2023. These valuations assume a year-end share price of $107.69 and an average vest share price of $101.79. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2023 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2024 Proxy |  | $ | 12,841,931 |  |  | $ | 8,077,675 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2023 |  | $ | (5,100,097 | ) |  | $ | (1,468,859 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2023 |  | $ | 5,462,252 |  |  | $ | 1,573,162 |
Add Change in Fair Value of Prior Year Grants Unvested and Outstanding |  | $ | (132,516 | ) |  | $ | (35,248 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2023 |  | $ | (230,044 | ) |  | $ | (97,994 | )
Add Dividend Equivalents Paid in 2023 |  | $ | 669,010 |  |  | $ | 143,195 |
Compensation Actually Paid in 2023 |  | $ | 13,510,536 |  |  | $ | 8,191,931 |
c | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2022 are outlined below. No awards were modified in 2022. These valuations assume a year-end share price of $109.06 and average vest share price of $126.58. During this period, Mr. Sharps served as the PEO and Ms. Dardis, Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2022 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2023 Proxy |  | $ | 13,838,613 |  |  | $ | 8,430,654 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2022 |  | $ | (5,400,156 | ) |  | $ | (1,604,741 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2022 |  | $ | 4,854,042 |  |  | $ | 1,442,455 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | (8,444,026 | ) |  | $ | (1,999,648 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2022 |  | $ | (2,138,845 | ) |  | $ | (749,289 | )
Add Dividend Equivalents Paid in 2022 |  | $ | 290,128 |  |  | $ | 97,504 |
Compensation Actually Paid in 2022 |  | $ | 2,999,756 |  |  | $ | 5,616,935 |
d | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2021 are outlined below. No awards were modified in 2021. These valuations assume a year-end share price of $196.64 and an average vest share price of $190.44. During this period, Mr. Stromberg served as the PEO and Ms. Dardis; former CFO Ms. Dufétel; and Messrs. Sharps, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2021 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2022 Proxy |  | $ | 17,127,330 |  |  | $ | 9,119,220 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2021 |  | $ | (6,600,390 | ) |  | $ | (3,020,250 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2021 |  | $ | 6,355,405 |  |  | $ | 2,908,148 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 4,807,722 |  |  | $ | 1,693,273 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2021 |  | $ | 1,110,196 |  |  | $ | 958,513 |
Subtract Prior Year LTI Awards Forfeited in 2021 |  | $ | — |  |  | $ | (1,223,322 | )
Add Dividend Equivalents Paid in 2021 |  | $ | 604,017 |  |  | $ | 333,062 |
Compensation Actually Paid in 2021 |  | $ | 23,404,280 |  |  | $ | 10,768,644 |
e | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2020 are outlined below. No awards were modified in 2020. These valuations assume a year-end share price of $151.39 and an average vest share price of $139.84. During this period Mr. Stromberg served as the PEO and Ms. Dufétel and Messrs. Sharps, Alderson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2020 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2021 Proxy |  | $ | 15,337,274 |  |  | $ | 10,969,887 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2020 |  | $ | (5,900,108 | ) |  | $ | (3,512,648 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2020 |  | $ | 5,831,543 |  |  | $ | 3,471,827 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 3,066,315 |  |  | $ | 1,956,299 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2020 |  | $ | 504,223 |  |  | $ | 718,559 |
Add Dividend Equivalents Paid in 2020 |  | $ | 528,239 |  |  | $ | 313,200 |
Compensation Actually Paid in 2020 |  | $ | 19,367,486 |  |  | $ | 13,917,124 |
Non-PEO NEO Average Total Compensation Amount | $ 7,585,337 | 8,077,675 | 8,430,654 | 9,119,220 | 10,969,887
Non-PEO NEO Average Compensation Actually Paid Amount | $ 7,916,063 | 8,191,931 | 5,616,935 | 10,768,644 | 13,917,124
Adjustment to Non-PEO NEO Compensation Footnote |
a | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2024 are outlined below. No awards were modified in 2024. These valuations assume a year-end share price of $113.09 and an average vest share price of $123.59. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Nelson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2024 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2025 Proxy |  | $ | 19,389,829 |  |  | $ | 7,585,337 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2024 |  | $ | (9,420,078 | ) |  | $ | (1,925,135 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2024 |  | $ | 8,661,111 |  |  | $ | 1,770,028 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 527,963 |  |  | $ | 147,101 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2024 |  | $ | 648,195 |  |  | $ | 168,997 |
Add Dividend Equivalents Paid in 2024 |  | $ | 689,033 |  |  | $ | 169,735 |
Compensation Actually Paid in 2024 |  | $ | 20,496,053 |  |  | $ | 7,916,063 |
b | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2023 are outlined below. No awards were modified in 2023. These valuations assume a year-end share price of $107.69 and an average vest share price of $101.79. During this period, Mr. Sharps served as the PEO and Ms. Dardis and Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2023 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2024 Proxy |  | $ | 12,841,931 |  |  | $ | 8,077,675 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2023 |  | $ | (5,100,097 | ) |  | $ | (1,468,859 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2023 |  | $ | 5,462,252 |  |  | $ | 1,573,162 |
Add Change in Fair Value of Prior Year Grants Unvested and Outstanding |  | $ | (132,516 | ) |  | $ | (35,248 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2023 |  | $ | (230,044 | ) |  | $ | (97,994 | )
Add Dividend Equivalents Paid in 2023 |  | $ | 669,010 |  |  | $ | 143,195 |
Compensation Actually Paid in 2023 |  | $ | 13,510,536 |  |  | $ | 8,191,931 |
c | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2022 are outlined below. No awards were modified in 2022. These valuations assume a year-end share price of $109.06 and average vest share price of $126.58. During this period, Mr. Sharps served as the PEO and Ms. Dardis, Messrs. August, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2022 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2023 Proxy |  | $ | 13,838,613 |  |  | $ | 8,430,654 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2022 |  | $ | (5,400,156 | ) |  | $ | (1,604,741 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2022 |  | $ | 4,854,042 |  |  | $ | 1,442,455 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | (8,444,026 | ) |  | $ | (1,999,648 | )
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2022 |  | $ | (2,138,845 | ) |  | $ | (749,289 | )
Add Dividend Equivalents Paid in 2022 |  | $ | 290,128 |  |  | $ | 97,504 |
Compensation Actually Paid in 2022 |  | $ | 2,999,756 |  |  | $ | 5,616,935 |
d | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2021 are outlined below. No awards were modified in 2021. These valuations assume a year-end share price of $196.64 and an average vest share price of $190.44. During this period, Mr. Stromberg served as the PEO and Ms. Dardis; former CFO Ms. Dufétel; and Messrs. Sharps, Thomson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2021 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2022 Proxy |  | $ | 17,127,330 |  |  | $ | 9,119,220 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2021 |  | $ | (6,600,390 | ) |  | $ | (3,020,250 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2021 |  | $ | 6,355,405 |  |  | $ | 2,908,148 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 4,807,722 |  |  | $ | 1,693,273 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2021 |  | $ | 1,110,196 |  |  | $ | 958,513 |
Subtract Prior Year LTI Awards Forfeited in 2021 |  | $ | — |  |  | $ | (1,223,322 | )
Add Dividend Equivalents Paid in 2021 |  | $ | 604,017 |  |  | $ | 333,062 |
Compensation Actually Paid in 2021 |  | $ | 23,404,280 |  |  | $ | 10,768,644 |
e | The adjustments to the Summary Compensation Table totals to arrive to compensation actually paid in 2020 are outlined below. No awards were modified in 2020. These valuations assume a year-end share price of $151.39 and an average vest share price of $139.84. During this period Mr. Stromberg served as the PEO and Ms. Dufétel and Messrs. Sharps, Alderson, and Veiel served as the non-PEO NEOs.
|  |  |  |  | AVERAGE |
|  |  |  |  | COMPENSATION FOR |
As of 12/31/2020 |  | PEO COMPENSATION |  |  | NON-PEO NEOs |
Summary Compensation Table—2021 Proxy |  | $ | 15,337,274 |  |  | $ | 10,969,887 |
Subtract Grant Date Fair Value of Stock Awards Granted in 2020 |  | $ | (5,900,108 | ) |  | $ | (3,512,648 | )
Add Year-End Fair Value of Stock Awards Granted and Unvested in 2020 |  | $ | 5,831,543 |  |  | $ | 3,471,827 |
Add Change in Fair Value of Prior-Year Grants Unvested and Outstanding |  | $ | 3,066,315 |  |  | $ | 1,956,299 |
Add Change in Fair Value of Stock Awards (made in prior years) Vested as of Vesting Date in 2020 |  | $ | 504,223 |  |  | $ | 718,559 |
Add Dividend Equivalents Paid in 2020 |  | $ | 528,239 |  |  | $ | 313,200 |
Compensation Actually Paid in 2020 |  | $ | 19,367,486 |  |  | $ | 13,917,124 |
Compensation Actually Paid vs. Total Shareholder Return |  |  |  |  |
Compensation Actually Paid vs. Net Income |  |  |  |  |
Compensation Actually Paid vs. Company Selected Measure |  |  |  |  |
Total Shareholder Return Vs Peer Group |  |  |  |  |
Tabular List, Table |
KEY PERFORMANCE MEASURES
Assets Under Management | Investment Performance
Net Income | Net Operating Income
Net Revenue | Non-GAAP Diluted Earnings per Share
Operating Margin |
Total Shareholder Return Amount | $ 112.88 | 102.91 | 99.67 | 172.5 | 127.89
Peer Group Total Shareholder Return Amount | 245.56 | 174.6 | 129.13 | 175.4 | 118.99
Net Income (Loss) | $ 2,135,800,000 | $ 1,835,700,000 | $ 1,449,600,000 | $ 3,098,500,000 | $ 2,523,300,000
Company Selected Measure Amount | 7,093.6 | 6,460.5 | 6,488.4 | 7,671.9 | 6,206.7
PEO Name | Mr. Sharps | Mr. Sharps | Mr. Sharps | Mr. Stromberg | Mr. Stromberg
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest | $ 2,100.1 | $ 1,788.7 | $ 1,557.9 | $ 3,082.9 | $ 2,372.7
Share Price | $ / shares | $ 113.09 | $ 107.69 | $ 109.06 | $ 196.64 | $ 151.39
Vested Share Price | $ / shares | $ 123.59 | $ 101.79 | $ 126.58 | $ 190.44 | $ 139.84
Measure:: 1 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Assets Under Management |  |  |  |
Measure:: 2 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Investment Performance |  |  |  |
Measure:: 3 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Net Income |  |  |  |
Measure:: 4 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Net Operating Income |  |  |  |
Measure:: 5 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Net Revenue |  |  |  |
Non-GAAP Measure Description | In no particular order, the following table outlines what we believe to be our NEOs’ key performance measures. These measures are highlighted on pages 51 and 52. We believe net revenue to be the most significant measure in determining the compensation of our NEOs. |  |  |  |
Measure:: 6 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Non-GAAP Diluted Earnings per Share |  |  |  |
Measure:: 7 |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Name | Operating Margin |  |  |  |
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | $ (9,420,078) | $ (5,100,097) | $ (5,400,156) | $ (6,600,390) | $ (5,900,108)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 8,661,111 | 5,462,252 | 4,854,042 | 6,355,405 | 5,831,543
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 527,963 | (132,516) | (8,444,026) | 4,807,722 | 3,066,315
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 648,195 | (230,044) | (2,138,845) | 1,110,196 | 504,223
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 689,033 | 669,010 | 290,128 | 604,017 | 528,239
PEO | Prior Year LTI Awards Forfeited [Member] |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  |  |
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | (1,925,135) | (1,468,859) | (1,604,741) | (3,020,250) | (3,512,648)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 1,770,028 | 1,573,162 | 1,442,455 | 2,908,148 | 3,471,827
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 147,101 | (35,248) | (1,999,648) | 1,693,273 | 1,956,299
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | 168,997 | (97,994) | (749,289) | 958,513 | 718,559
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount | $ 169,735 | $ 143,195 | $ 97,504 | 333,062 | $ 313,200
Non-PEO NEO | Prior Year LTI Awards Forfeited [Member] |  |  |  |  |
Pay vs Performance Disclosure |  |  |  |  |
Adjustment to Compensation, Amount |  |  |  | $ (1,223,322) |

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