---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-047662"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:03:53.616073+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price Q3 2025: AUM hits $1.77T record, but net outflows $7.9B

## Summary
- Diluted EPS $2.87 ($2.81 adjusted), net revenue $1.89B (+6% YoY), net income $646M (+7%).
- Net client outflows $7.9B in Q3, dominated by equity redemptions (-$14.4B).
- Record AUM $1.77T; annualized effective fee rate fell to 39.1 bps (from 40.7 bps YoY).
- Restructuring charge $28.5M for severance; headcount down 3.4% YoY to 7,830.
- Returned $442M via dividends and buybacks; announced strategic collaboration with Goldman Sachs.

## SEC filing metadata
- accession: 0001628280-25-047662
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000162828025047662/0001628280-25-047662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000162828025047662/trow-20251031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-047662
- JSON: https://secwatch.observer/filing/0001628280-25-047662.json
- Plain text: https://secwatch.observer/filing/0001628280-25-047662.txt

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