Quarterly ResultApr 30, 2026, 07:07 AM
TROW Q1 Diluted EPS $2.23; AUM $1.7T; Net Outflows $13.7B
AI Summary
T. Rowe Price Group reported Q1 2026 diluted EPS of $2.23 and adjusted diluted EPS of $2.52, representing increases of 3.7% and 13.0% year-over-year, respectively. Despite this, the company experienced net client outflows of $13.7 billion, leading to a decrease in assets under management to $1.7 trillion. The firm returned $629 million to stockholders and incurred a $10 million restructuring charge as part of an ongoing expense management program.
Key Highlights
- Diluted EPS increased 3.7% to $2.23 in Q1 2026.
- Adjusted diluted EPS rose 13.0% to $2.52.
- Assets under management (AUM) decreased to $1.7 trillion.
- Net client outflows totaled $13.7 billion for the quarter.
- Net revenues increased 5.3% year-over-year to $1.857 billion.
- Returned $629 million to stockholders through dividends and repurchases.
- Incurred a $10 million restructuring charge for expense management.
- Employee count decreased 7.1% year-over-year to 7,507 associates.