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T Rowe Price Group Inc
XMUN:TR1

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T Rowe Price Group Inc Logo
T Rowe Price Group Inc
XMUN:TR1
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Price: 91.88 EUR 2.8% Market Closed
Market Cap: €36.2B

T Rowe Price Group Inc
Investor Relations

T. Rowe Price is a global asset manager. It creates and manages mutual funds, retirement funds, and other investment portfolios for individuals, financial advisers, retirement plans, and institutions. Its job is to invest client money in stocks, bonds, and other assets according to each fund’s stated strategy. The company makes most of its money by charging fees on assets it manages, along with some advisory and administrative service fees. Customers buy its funds directly or through advisers and retirement platforms, and many institutions hire T. Rowe Price to manage money for pensions, endowments, and similar accounts. That means its business depends on trust, investment performance, and long-term client relationships. What sets T. Rowe Price apart is that it sits in the middle of the investment chain as both a product maker and a manager of other people’s money. It does not manufacture physical goods; it sells investment expertise, research, and portfolio management. For beginner investors, it is easiest to think of the company as a professional money manager whose main product is access to actively managed investment funds and retirement solutions.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 30, 2026
AI Summary
Q1 2026

EPS up: Adjusted earnings per share was $2.52 in Q1 2026, up 3% from Q4 2025 and up 13% from Q1 2025, helped by higher revenue and lower expenses.

Outflows persist: T. Rowe Price ended the quarter with $1.71 trillion in AUM and $13.7 billion in net outflows, with equity and mutual funds still under pressure.

ETF momentum: ETFs produced over $2.8 billion in net flows, and ETF assets passed $25 billion as the firm keeps pushing active ETF launches and possible Europe expansion.

Expense control: Management kept 2026 expense guidance at 3% to 6% above 2025, saying the outlook remains comfortably within range despite market volatility.

Alternatives push: OHA highlighted strong fundraising, over $30 billion of dry powder, and growing opportunities in wealth, insurance and institutional credit.

AI and credit: OHA said it is comfortable with its software exposure, has avoided riskier structures, and believes AI disruption is creating opportunities rather than systemic stress.

Key Financials
Adjusted earnings per share
$2.52
AUM
$1.71 trillion
Net outflows
$13.7 billion
Average AUM
$1.78 trillion
Adjusted net revenue
over $1.8 billion
Investment advisory revenue
almost $1.7 billion
Annualized effective fee rate
38.4 basis points
Adjusted operating expenses
$1.14 billion
Cash and discretionary investments
over $4.1 billion
Quarterly dividend
$1.30 per share
Stock buybacks
$340 million
Common shares outstanding
214.9 million
ETF net flows
over $2.8 billion
ETF AUM
over $25 billion
SMA AUM
more than $17 billion
SMA net flows
over $900 million
OHA total assets under management
$112 billion
Aspida assets managed
over $0.5 billion
OCREDIT investments at fair value
approximately $3 billion
OLEND final closing
$17.7 billion
Dry powder
over $30 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Robert W. Sharps C.F.A., CPA
President, CEO & Chair of the Board
No Bio Available
Ms. Jennifer Benson Dardis
VP, CFO & Treasurer
No Bio Available
Mr. Eric Lanoue Veiel C.F.A.
Head of Global Investments & CIO
No Bio Available
Mr. Justin Thomson
VP, Head of International Equity & CIO for International Equities
No Bio Available
Mr. Glenn Russell August
CEO of OHA, Founder, VP & Director
No Bio Available
Ms. Kimberly H. Johnson
VP & COO
No Bio Available
Mr. Sébastien Page C.F.A.
VP, Head of Global Multi-Asset & CIO
No Bio Available
Ms. Jessica M. Hiebler
Principal Accounting Officer, Controller & VP
No Bio Available
Ms. Linsley Carruth
Director of Investor Relations
No Bio Available
Mr. David Oestreicher Esq., J.D.
VP & General Counsel
No Bio Available

Contacts

Address
MARYLAND
Baltimore
P.O. Box 89000, 100 East Pratt Street
Contacts
+14103452000.0
www.troweprice.com
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