The Filings Report

T Rowe Price Group Inc

TROWNasdaqCIK 1113169Financial / Asset Managementfiscal year ends December74 quarters since 2008

Revenue, Q3 FY2026
$2.0B
+5.9% on Q3 FY2025
Net income
$612M
−5.2% on Q3 FY2025
Free cash flow
$471M
−13.8% on Q3 FY2025
Diluted EPS
$2.79
−2.8% on Q3 FY2025
Revenue, TTM
$7.7B
trailing four quarters
Net margin, TTM
28.4%
net income $2.2B
Free cash flow, TTM
$1.6B
$1.9B less $268M capex
Cash and equivalents
$3.8B
long-term debt —, Sep 30, 2026
Shares, 12-month change
−2.3%
213M shares, Sep 30, 2026
Buybacks, TTM
$640M
2.9% of market value
Dividends, TTM
$1.1B
5.2% of market value
Market value
$22.2B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, T Rowe Price Group Inc reported revenue of $2.0B, +5.9% on Q3 FY2025, and net income of $612M (−5.2%). Operating margin was 38.4%. Free cash flow, operating cash flow less capital expenditures, was $471M ($543M less $73M). Diluted earnings per share were $2.79.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$1B$2B$3BQ4'22, Revenue: $1.5BQ4'22, Net income: $266MQ4'22Q1'23, Revenue: $1.5BQ1'23, Net income: $422MQ1'23Q2'23, Revenue: $1.6BQ2'23, Net income: $476MQ2'23Q3'23, Revenue: $1.7BQ3'23, Net income: $453MQ3'23Q4'23, Revenue: $1.6BQ4'23, Net income: $438MQ4'23Q1'24, Revenue: $1.8BQ1'24, Net income: $574MQ1'24Q2'24, Revenue: $1.7BQ2'24, Net income: $483MQ2'24Q3'24, Revenue: $1.8BQ3'24, Net income: $603MQ3'24Q4'24, Revenue: $1.8BQ4'24, Net income: $440MQ4'24Q1'25, Revenue: $1.8BQ1'25, Net income: $491MQ1'25Q2'25, Revenue: $1.7BQ2'25, Net income: $505MQ2'25Q3'25, Revenue: $1.9BQ3'25, Net income: $646MQ3'25Q4'25, Revenue: $1.9BQ4'25, Net income: $445MQ4'25Q1'26, Revenue: $1.9BQ1'26, Net income: $498MQ1'26Q2'26, Revenue: $1.9BQ2'26, Net income: $632MQ2'26Q3'26, Revenue: $2.0BQ3'26, Net income: $612MQ3'26$0$1B$2B$3BQ4'22, Revenue: $1.5BQ4'22, Net income: $266MQ1'23, Revenue: $1.5BQ1'23, Net income: $422MQ1'23Q2'23, Revenue: $1.6BQ2'23, Net income: $476MQ3'23, Revenue: $1.7BQ3'23, Net income: $453MQ3'23Q4'23, Revenue: $1.6BQ4'23, Net income: $438MQ1'24, Revenue: $1.8BQ1'24, Net income: $574MQ1'24Q2'24, Revenue: $1.7BQ2'24, Net income: $483MQ3'24, Revenue: $1.8BQ3'24, Net income: $603MQ3'24Q4'24, Revenue: $1.8BQ4'24, Net income: $440MQ1'25, Revenue: $1.8BQ1'25, Net income: $491MQ1'25Q2'25, Revenue: $1.7BQ2'25, Net income: $505MQ3'25, Revenue: $1.9BQ3'25, Net income: $646MQ3'25Q4'25, Revenue: $1.9BQ4'25, Net income: $445MQ1'26, Revenue: $1.9BQ1'26, Net income: $498MQ1'26Q2'26, Revenue: $1.9BQ2'26, Net income: $632MQ3'26, Revenue: $2.0BQ3'26, Net income: $612MQ3'26

Net income losses drawn in red.

Free cash flow
−$500M$0$500M$1.0BQ4'22, Free cash flow: −$196MQ4'22Q1'23, Free cash flow: $451MQ1'23Q2'23, Free cash flow: $323MQ2'23Q3'23, Free cash flow: $376MQ3'23Q4'23, Free cash flow: −$239MQ4'23Q1'24, Free cash flow: $535MQ1'24Q2'24, Free cash flow: $574MQ2'24Q3'24, Free cash flow: $548MQ3'24Q4'24, Free cash flow: −$395MQ4'24Q1'25, Free cash flow: $551MQ1'25Q2'25, Free cash flow: $468MQ2'25Q3'25, Free cash flow: $546MQ3'25Q4'25, Free cash flow: −$85MQ4'25Q1'26, Free cash flow: $762MQ1'26Q2'26, Free cash flow: $451MQ2'26Q3'26, Free cash flow: $471MQ3'26−$500M$0$500M$1.0BQ4'22, Free cash flow: −$196MQ1'23, Free cash flow: $451MQ1'23Q2'23, Free cash flow: $323MQ3'23, Free cash flow: $376MQ3'23Q4'23, Free cash flow: −$239MQ1'24, Free cash flow: $535MQ1'24Q2'24, Free cash flow: $574MQ3'24, Free cash flow: $548MQ3'24Q4'24, Free cash flow: −$395MQ1'25, Free cash flow: $551MQ1'25Q2'25, Free cash flow: $468MQ3'25, Free cash flow: $546MQ3'25Q4'25, Free cash flow: −$85MQ1'26, Free cash flow: $762MQ1'26Q2'26, Free cash flow: $451MQ3'26, Free cash flow: $471MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $1.8BQ4'22Q1'23, Cash and equivalents: $2.1BQ1'23Q2'23, Cash and equivalents: $2.2BQ2'23Q3'23, Cash and equivalents: $2.6BQ3'23Q4'23, Cash and equivalents: $2.1BQ4'23Q1'24, Cash and equivalents: $2.4BQ1'24Q2'24, Cash and equivalents: $2.7BQ2'24Q3'24, Cash and equivalents: $3.2BQ3'24Q4'24, Cash and equivalents: $2.6BQ4'24Q1'25, Cash and equivalents: $2.8BQ1'25Q2'25, Cash and equivalents: $3.1BQ2'25Q3'25, Cash and equivalents: $3.6BQ3'25Q4'25, Cash and equivalents: $3.4BQ4'25Q1'26, Cash and equivalents: $3.7BQ1'26Q2'26, Cash and equivalents: $3.2BQ2'26Q3'26, Cash and equivalents: $3.8BQ3'26$0$1B$2B$3B$4BQ4'22, Cash and equivalents: $1.8BQ1'23, Cash and equivalents: $2.1BQ1'23Q2'23, Cash and equivalents: $2.2BQ3'23, Cash and equivalents: $2.6BQ3'23Q4'23, Cash and equivalents: $2.1BQ1'24, Cash and equivalents: $2.4BQ1'24Q2'24, Cash and equivalents: $2.7BQ3'24, Cash and equivalents: $3.2BQ3'24Q4'24, Cash and equivalents: $2.6BQ1'25, Cash and equivalents: $2.8BQ1'25Q2'25, Cash and equivalents: $3.1BQ3'25, Cash and equivalents: $3.6BQ3'25Q4'25, Cash and equivalents: $3.4BQ1'26, Cash and equivalents: $3.7BQ1'26Q2'26, Cash and equivalents: $3.2BQ3'26, Cash and equivalents: $3.8BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

T Rowe Price Group Inc income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue2,0051,9071,8571,9341,8941,7231,7641,825+5.9%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative—————————
Operating income770541681471643478596568+19.7%
Other income (expense)18369(48)142238236715−92.6%
Pretax income787910632613882714667573−10.7%
Income tax190214148153195158162156−2.5%
Net income612632498445646505491440−5.2%
Diluted EPS ($)2.792.882.23—2.872.242.15—−2.8%
Diluted shares (millions)214214218—220220223——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

T Rowe Price Group Inc balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents3,7743,2343,7303,3783,6353,0592,8372,650+3.8%
Short-term investments—————————
Total current assets—————————
Total assets16,14915,35714,39314,34214,73014,34213,99413,472+9.6%
Total current liabilities—————————
Long-term debt—————————
Total liabilities3,5363,1842,5182,2892,7612,5292,4612,022+28.1%
Stockholders’ equity11,37111,00310,77810,86010,81510,56110,39510,345+5.1%
Shares outstanding (millions)213213214218218220220223—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

T Rowe Price Group Inc cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 14, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow543517824(19)609530633(282)−10.8%
Capital expenditures73666267636282113+14.8%
Free cash flow (CFO − capex)471451762(85)546468551(395)−13.8%
Depreciation and amortization—————————
Share repurchases016733413915411321568−99.9%
Dividends paid285282289285283286290285+0.7%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 13, 2026.

Income statement

T Rowe Price Group Inc income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 13, 2026FY2024ended Dec 31, 2024filed Feb 14, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 11, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 7, 2017FY2015ended Dec 31, 2015filed Feb 5, 2016FY2014ended Dec 31, 2014filed Feb 5, 2015FY2013ended Dec 31, 2013filed Feb 4, 2014FY2012ended Dec 31, 2012filed Feb 5, 2013FY2011ended Dec 31, 2011filed Feb 3, 2012FY2010ended Dec 31, 2010filed Feb 8, 2011FY2009ended Dec 31, 2009filed Feb 5, 2010FY2008ended Dec 31, 2008filed Jul 24, 2009FY2007ended Dec 31, 2007filed Jul 24, 2009
Revenue7,3157,0946,4616,4887,6726,2075,6185,3734,8554,285—————2,3711,8722,1212,233
Cost of revenue———————————————————
Gross profit——————————————2,7472,3671,8672,1162,228
Research and development———————————————————
Selling, general and administrative———————————————————
Operating income2,1892,3331,9862,3743,7102,7462,3872,3612,1091,7331,8991,8911,6371,3641,2271,037702849996
Other income (expense)687486504(425)2854975402339622710411263712434(13)(52)80
Pretax income2,8762,8202,4901,9483,9953,2422,9272,3852,5051,9612,0022,0031,7001,4351,2511,0706897961,077
Income tax667684655499896719678616924707779774653552477398255305406
Net income2,0872,1001,7891,5583,0832,3732,1311,8381,4981,2151,2231,2301,048884773672434491671
Diluted EPS ($)9.249.157.766.7013.129.988.707.275.974.754.634.553.903.362.922.531.651.81—
Diluted shares (millions)220223225227229231239247245250261267266261263265262270279

Balance sheet

T Rowe Price Group Inc balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 13, 2026FY2024ended Dec 31, 2024filed Feb 14, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 11, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 7, 2017FY2015ended Dec 31, 2015filed Feb 5, 2016FY2014ended Dec 31, 2014filed Feb 5, 2015FY2013ended Dec 31, 2013filed Feb 4, 2014FY2012ended Dec 31, 2012filed Feb 5, 2013FY2011ended Dec 31, 2011filed Feb 3, 2012FY2010ended Dec 31, 2010filed Feb 8, 2011FY2009ended Dec 31, 2009filed Feb 5, 2010FY2008ended Dec 31, 2008filed Jul 24, 2009FY2007ended Dec 31, 2007filed Jul 24, 2009
Cash and equivalents3,3782,6502,0671,7561,5232,1521,7821,4251,9031,2051,1721,5061,398879898813743619785
Short-term investments———————————————————
Total current assets———————————————————
Total assets14,34213,47212,27911,64312,50910,6599,3307,6897,5356,2255,1075,6445,0334,2033,7703,6423,2102,819—
Total current liabilities———————————————————
Long-term debt———————————————————
Total liabilities2,2892,0221,9881,9562,2551,3901,107825718529345249215357350346328331—
Stockholders’ equity10,86010,3459,5058,8409,0237,7077,1026,1245,8245,0094,7625,3954,8183,8463,4213,2972,8822,489—
Shares outstanding (millions)218223224224228228236236244243248261262258253259259——

Cash flow statement

T Rowe Price Group Inc cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 13, 2026FY2024ended Dec 31, 2024filed Feb 14, 2025FY2023ended Dec 31, 2023filed Feb 16, 2024FY2022ended Dec 31, 2022filed Feb 15, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 11, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 13, 2019FY2017ended Dec 31, 2017filed Feb 16, 2018FY2016ended Dec 31, 2016filed Feb 7, 2017FY2015ended Dec 31, 2015filed Feb 5, 2016FY2014ended Dec 31, 2014filed Feb 5, 2015FY2013ended Dec 31, 2013filed Feb 4, 2014FY2012ended Dec 31, 2012filed Feb 5, 2013FY2011ended Dec 31, 2011filed Feb 3, 2012FY2010ended Dec 31, 2010filed Feb 8, 2011FY2009ended Dec 31, 2009filed Feb 5, 2010FY2008ended Dec 31, 2008filed Jul 24, 2009FY2007ended Dec 31, 2007filed Jul 24, 2009
Operating cash flow1,7531,6861,2192,3593,4521,9191,5231,6202301711,5311,3441,233903948733536742758
Capital expenditures2744233082382392152051691861481511261067782118134144146
Free cash flow (CFO − capex)1,4791,2629112,1223,2131,7041,3181,45143221,3791,2181,127826866615402598612
Depreciation and amortization———————————————————
Share repurchases6213372548501,1391,2027061,0904586779884161413548024071614312
Dividends paid1,1431,1361,1221,1071,7028467346945635411,059462397603318279257313180

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$1M
1 sales by 1 insider; officers and directors $1M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$2M
3 sales by 3 insiders; officers and directors $1M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 27, 2026MacLellan Robert F.Directoroption exercise4,417$62.85$278K60,337Oct 28, 2026
Sep 29, 2026Wijnberg Sandra SDirectoraward164$104.51$17K32,187Sep 30, 2026
Sep 29, 2026Wilson Alan DDirectoraward520$104.51$54K42,338Sep 30, 2026
Sep 29, 2026Verma Richard R.Directoraward61$104.51$6K4,951Sep 30, 2026
Sep 29, 2026Stevens Robert JDirectoraward314$104.51$33K25,560Sep 30, 2026
Sep 29, 2026Smith Cynthia FDirectoraward77$104.51$8K8,776Sep 30, 2026
Sep 29, 2026Golston Allan C.Directoraward61$104.51$6K4,951Sep 30, 2026
Sep 29, 2026MacLellan Robert F.Directoraward212$104.51$22K55,920Sep 30, 2026
Sep 29, 2026Dublon DinaDirectoraward120$104.51$13K15,654Sep 30, 2026
Sep 29, 2026Donnelly William PDirectoraward164$104.51$17K13,348Sep 30, 2026
Aug 25, 2026Nelson Joshua BVice Presidentopen-market sale10,000$111.82$1M71,328Aug 26, 2026
Aug 25, 2026Nelson Joshua BVice Presidentaward4$101.04$37071,332Aug 26, 2026
Jun 30, 2026Wilson Alan DDirectoraward691$0.00—41,818Jul 1, 2026
Jun 30, 2026Stevens Robert JDirectoraward537$0.00—25,246Jul 1, 2026
Jun 30, 2026MacLellan Robert F.Directoraward658$0.00—55,707Jul 1, 2026
Jun 30, 2026Donnelly William PDirectoraward576$0.00—13,184Jul 1, 2026
Jun 29, 2026Wijnberg Sandra SDirectoraward148$114.38$17K32,024Jul 1, 2026
Jun 29, 2026Wilson Alan DDirectoraward462$114.38$53K41,127Jul 1, 2026
Jun 29, 2026Verma Richard R.Directoraward55$114.38$6K4,890Jul 1, 2026
Jun 29, 2026Stevens Robert JDirectoraward278$114.38$32K24,709Jul 1, 2026
Jun 29, 2026Smith Cynthia FDirectoraward70$114.38$8K8,698Jul 1, 2026
Jun 29, 2026MacLellan Robert F.Directoraward185$114.38$21K55,049Jul 1, 2026
Jun 29, 2026Golston Allan C.Directoraward55$114.38$6K4,890Jul 1, 2026
Jun 29, 2026Dublon DinaDirectoraward109$114.38$12K15,533Jul 1, 2026
Jun 29, 2026Donnelly William PDirectoraward142$114.38$16K12,608Jul 1, 2026

Full insider history for T Rowe Price Group Inc, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held TROW in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded TROW by quarter.

FundManagerQuarterValueSharesWeightMove
Baron Capital GroupRon BaronQ2 2026$455K4,0000.00%held

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
PRICE T ROWE GROUP INC, CIK 1113169 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2018
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: not filed
Operating income: OperatingIncomeLoss
Other income (expense): InvestmentIncomeNonoperating, NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: not filed
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/TROW.json