T. Rowe Price Group Inc

TROW: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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T. Rowe Price Earnings: Market Gains Offset Increased Outflows and Lift AUM Levels to Record High

Greggory Warren

Feb 4, 2026

T. Rowe Price ended December 2025 with $1.776 trillion in assets under management, or AUM. Despite fee rates being down, higher average AUM and performance fees lifted revenue 6.0% year over year to $1.9 billion, while fourth-quarter adjusted non-GAAP operating margins increased from 34.0% to 35.8%.

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T. Rowe Price Group Inc

T. Rowe Price Earnings: Market Gains Offset Increased Outflows and Lift AUM Levels to Record High

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