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T Rowe Price Group TROW Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Net revenues by Product
Administrative, distribution, servicing, and other fees$576M-3.0%$593.9M-0.3%$595.6M-0.3%$597.3M+0.4%$595.2M+1.2%
Capital allocation-based income$110.5M+36.1%$81.2M
Investment advisory fees$5.12T+3.1%$4.97T+0.1%$4.96T+2.8%$4.82T+1.1%$4.77T+2.9%
Performance-based advisory fees$34.5M-7.8%$37.4M-12.0%$42.5M+1.9%$41.7M-20.0%$52.1M-12.1%

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Questions, answered.

How does T Rowe Price Group break its business down?
T Rowe Price Group (TROW) reports net revenues by product across 4 parts — Administrative, distribution, servicing, and other fees, Capital allocation-based income, Investment advisory fees and Performance-based advisory fees. Each is extracted from the segment footnotes and tracked over time.
Where does T Rowe Price Group's segment data come from?
Segment breakdowns are pulled from the segment footnotes in T Rowe Price Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.