---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-005273"
form_type: "8-K"
ticker: "TROW"
cik: "0001113169"
company_name: "PRICE T ROWE GROUP INC"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:48:15.023603+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# T. Rowe Price reports Q4 adj. EPS $2.44, but net outflows $25.5B; restructuring charge $148.8M

## Summary
- GAAP EPS $1.99, adj. $2.44; net revenue $1.93B (+6.0% YoY).
- Net outflows $25.5B in Q4, $56.9B for FY2025; AUM $1.78T.
- Operating expense $1.46B (+16.5% YoY) includes $148.8M restructuring charge.
- Effective fee rate fell to 38.8 bps (ex perf. fees) from 40.5 bps a year ago.
- Returned $426M to stockholders in Q4 via dividends and buybacks.

## SEC filing metadata
- accession: 0001628280-26-005273
- form_type: 8-K
- ticker: TROW
- cik: 0001113169
- company_name: PRICE T ROWE GROUP INC
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113169/000162828026005273/0001628280-26-005273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113169/000162828026005273/trow-20260204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-005273
- JSON: https://secwatch.observer/filing/0001628280-26-005273.json
- Plain text: https://secwatch.observer/filing/0001628280-26-005273.txt

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