T. Rowe Price Group Q2 2025 Earnings Report

SEC Filing 8-K (0001113169-25-000021)

T. Rowe Price Group, Inc. reported its second quarter 2025 results, with quarter-end assets under management (AUM) of $1.68 trillion and net client outflows of $14.9 billion. The company posted diluted earnings per common share (EPS) of $2.24, matching the adjusted diluted EPS. T. Rowe Price returned $395 million to stockholders through dividends and stock repurchases. Despite net client outflows, the company saw a $110.5 billion increase in AUM, driven by market appreciation and income. Operating expenses rose by 6.5% compared to the previous year, primarily due to higher compensation and technology costs. The firm remains focused on long-term growth, including expanding its ETF business and retirement leadership.