---
schema_version: "secwatch.filing_event.v1"
accession: "0001113169-25-000013"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:03:54.660236+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price Q1 2025: AUM $1.57T, net outflows $8.6B, GAAP EPS $2.15

## Summary
- Net outflows of $8.6B; equity AUM down $56.3B, fixed income/multi-asset/alternatives saw inflows.
- GAAP EPS $2.15 (down 13.7% YoY); adjusted EPS $2.23 (down 6.3% YoY).
- Net revenues $1.76B (+0.8% YoY); investment advisory fee rate fell to 40.0 bps from 41.6 bps.
- Returned $506M via dividends and buybacks; headcount 8,084 (+2.6% YoY).
- Occupied new Baltimore HQ mid-March; FY2025 effective tax rate guidance 23.5%-27.5% GAAP.

## SEC filing metadata
- accession: 0001113169-25-000013
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000111316925000013/0001113169-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000111316925000013/trow-20250502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001113169-25-000013
- JSON: https://secwatch.observer/filing/0001113169-25-000013.json
- Plain text: https://secwatch.observer/filing/0001113169-25-000013.txt

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