Skip to content
OpenCapital
Get started

T Rowe Price Group TROW Q3 2025 earnings

Reported October 31, 2025 · Before market open

Revenue$1.9BBeat by $11.3MDiluted EPS$2.81Beat by $0.27
Revenue estimate$1.9B
EPS estimate$2.54

Next report

Jul 31, 2026 (In 3 weeks)
Revenue estimate$1.8B
EPS estimate$2.35

Financials

Q3 2025

Income statement

See full
Revenue$1.9B+6.0%
Operating income$643.2M+4.8%
Net income$646.1M+7.1%
EPS (diluted)$2.87+8.7%

Balance sheet

See full
Cash & equivalents$3.7B+14.1%
Total debt$455.1M+57.8%
Total equity$10.8B+5.5%
Total assets$14.7B+7.5%

Cash flow

See full
Operating cash flow$609.3M-6.6%
CapEx$63.3M-39.5%
Free cash flow$546.0M-0.3%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$22.55B-7.2%
Enterprise value$19.32B-9.5%
P/E10.8×-0.7×
P/S3.1×-0.4×

Profitability

See full
Operating margin31.7%+0.6pp
Net margin28.9%-1.5pp

Returns & leverage

See full
Return on equity19.8%-1.6pp
Debt / equity0×0.0×

Segments

By product

See full
Investment advisory fees$1.72T+8.4%
Administrative, distribution, servicing, and other fees$146.4M—
Capital allocation-based income$42.0M+813%
Performance-based advisory fees$6.4M—

Versus estimates

Revenue

Q1 2026$1.9BBeat by $2.2MQ4 2025$1.9BBeat by $5.9M
Q3 2025$1.9BBeat by $11.3M
Q2 2025$1.7BMiss by $4.4MQ1 2025$1.8BMiss by $19.3MQ4 2024$1.8BMiss by $42.2M

Diluted EPS

Q1 2026$2.52Beat by $0.15Q4 2025$2.44Miss by $0.02
Q3 2025$2.81Beat by $0.27
Q2 2025$2.24Beat by $0.09Q1 2025$2.23Beat by $0.10Q4 2024$2.12Miss by $0.08

Ask the moment T Rowe Price Group reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did T Rowe Price Group report Q3 2025 earnings?
T Rowe Price Group (TROW) reported Q3 2025 earnings on October 31, 2025 before market open.
What were T Rowe Price Group's Q3 2025 revenue and EPS?
T Rowe Price Group reported revenue of $1.9B and diluted EPS of $2.81 for Q3 2025.
Did T Rowe Price Group beat estimates in Q3 2025?
Revenue beat the consensus estimate of $1.9B by $11.3M. EPS beat the consensus estimate of $2.54 by $0.27.
How did T Rowe Price Group's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.0% from $1.8B a year earlier and diluted EPS grew 9.3% from $2.57.
Where can I find T Rowe Price Group's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0001628280-25-047751) directly on SEC EDGAR. The filing index links above go to sec.gov.