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T. Rowe Price Group Inc, founded in 1937 and headquartered at Harbor Point, 1307 Point Street, Baltimore, Maryland 21231, is a global asset manager focused on active management and retirement solutions. As of June 30, 2025, the company oversaw approximately $1.677 trillion in AUM, driven by equity, fixed income, and multi-asset strategies, though net outflows totaled $14.9 billion for Q2 primarily from U.S. equities and target-date funds. Revenue for Q2 2025 was $1.72 billion (–0.6% YoY), while GAAP net income rose 4.5% to $505.2 million (EPS $2.24). The firm returned $395 million to shareholders via dividends and buybacks. Despite pressure on performance fee revenue, momentum remains in ETFs, fixed income, and alternatives, which saw 8.8% revenue growth. Operating margins have tightened as expenses rose faster than revenue.
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