T. Rowe Price Group Reports Third Quarter 2025 Results
T. Rowe Price Group, Inc., a leading global asset management firm, has released its financial results for the third quarter of 2025. The company reported significant financial metrics and operational highlights, reflecting its performance and strategic initiatives during the period.
Financial Highlights
For the third quarter ending September 30, 2025, T. Rowe Price Group reported:
- Quarter-end assets under management (AUM) of $1.77 trillion
- Net client outflows of $7.9 billion
- Diluted earnings per common share (EPS) of $2.87; Adjusted diluted EPS of $2.81
- Returned $442 million to stockholders from the recurring quarterly dividend and stock repurchases
Business and Operational Highlights
During the third quarter, T. Rowe Price Group achieved a high of $1.77 trillion in AUM as of September 30, 2025. The company also announced a strategic collaboration with Goldman Sachs, aimed at bringing innovative new solutions to market for their clients.
Strategic Initiatives and Corporate Developments
The company returned $442 million to stockholders through dividends and stock repurchases. Additionally, the inclusion of managed account - model delivery assets beginning July 1, 2025, contributed to the increase in AUM.
Management's Perspective
Rob Sharps, chair, CEO, and president, commented, “We reached an end of period high with $1.77 trillion in AUM as of September 30 and created an opportunity to bring innovative new solutions to market for our clients with our recently announced strategic collaboration with Goldman Sachs."
Future Outlook
The company estimates that its effective tax rate for the full year 2025 will be in the range of 23.0% to 26.0% on a U.S. GAAP basis, and 23.5% to 25.5% on an adjusted basis. The firm expects to file its Form 10-Q Quarterly Report for the third quarter of 2025 with the U.S. Securities and Exchange Commission later today, which will include additional information on the firm's unaudited financial results at September 30, 2025.
Original SEC Filing: PRICE T ROWE GROUP INC [ TROW ] - 8-K - Oct. 31, 2025