---
schema_version: "secwatch.filing_event.v1"
accession: "0001113169-24-000002"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:18:51.620241+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price Q4 EPS $1.90, revenue up 7.7% YoY; full-year outflows $81.8B

## Summary
- Q4 GAAP EPS $1.90 vs $1.16 YoY; adjusted EPS $1.72; net revenue $1.64B (+7.7% YoY).
- Full-year GAAP EPS $7.76 vs $6.70; adjusted EPS $7.59; net revenue $6.46B (-0.4% YoY).
- Net client outflows $28.3B in Q4, $81.8B for 2023; AUM $1.445T (+13.3% YoY).
- Returned $1.376B to stockholders in 2023 via dividends and stock repurchases.
- CEO cites improved investment performance, large cap growth funds strong; expects better days ahead.

## SEC filing metadata
- accession: 0001113169-24-000002
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000111316924000002/0001113169-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000111316924000002/trow-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001113169-24-000002
- JSON: https://secwatch.observer/filing/0001113169-24-000002.json
- Plain text: https://secwatch.observer/filing/0001113169-24-000002.txt

## Key facts
- Earnings Releases
  PRICE T ROWE GROUP INC reported Q4 2023 results: revenue $ 1,642.0, net income $ 437.6, EPS $ 1.90.
  - Period: Q4 2023
  - Revenue: $ 1,642.0
  - Net income: $ 437.6
  - EPS: $ 1.90
  - Result: reported results
  source text: $ 1,461.2 $ 1,368.3 6.8 % $ 1,463.9 (0.2) % $ 5,747.7 $ 5,969.1 (3.7) % Capital allocation-based income (1) (2) $ 40.2 $ 26.5 n/m $ 66.1 n/m $ 161.9 $ (54.3) n/m Net revenues $ 1,642.0 $ 1,524.2 7.7 % $ 1,670.7 (1.7) % $ 6,460.5 $ 6,488.4 (0.4) % Operating expenses $ 1,254.8 $ 1,271.1 (1.3) % $ 1,089.4 15.2 % $ 4,474.3 $ 4,114.7 8.7 % Net operating income $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316924000002/0001113169-24-000002-index.htm
- Earnings Releases
  PRICE T ROWE GROUP INC reported 2023 results: revenue $ 6,460.5, net income $ 1,788.7, EPS $ 7.76.
  - Period: 2023
  - Revenue: $ 6,460.5
  - Net income: $ 1,788.7
  - EPS: $ 7.76
  - Result: reported results
  source text: % $ 5,747.7 $ 5,969.1 (3.7) % Capital allocation-based income (1) (2) $ 40.2 $ 26.5 n/m $ 66.1 n/m $ 161.9 $ (54.3) n/m Net revenues $ 1,642.0 $ 1,524.2 7.7 % $ 1,670.7 (1.7) % $ 6,460.5 $ 6,488.4 (0.4) % Operating expenses $ 1,254.8 $ 1,271.1 (1.3) % $ 1,089.4 15.2 % $ 4,474.3 $ 4,114.7 8.7 % Net operating income $ 387.2 $ 253.1 53.0 % $ 581.3 (33.4) % $ 1,986.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113169/000111316924000002/0001113169-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.