earnings
confidence high
sentiment positive
materiality 0.80
T. Rowe Price Q2 2026: record AUM $1.9T, EPS $2.88 (+29% YoY), net outflows $6.5B
PRICE T ROWE GROUP INC
- Record AUM of $1.9T, up 10.7% from Q1; net outflows of $6.5B but positive flows in May/June.
- GAAP diluted EPS $2.88 (+28.6% YoY); adjusted diluted EPS $2.57 (+14.7% YoY).
- Net revenues $1.907B (+10.7% YoY); investment advisory fees $1.745B (+11.3% YoY).
- Effective fee rate fell to 38.1 bps from 39.6 bps YoY due to mix shift to lower-fee products.
- Returned $441M to stockholders via dividends and buybacks; headcount down 6.4% YoY to 7,544.