T. Rowe Price Group IncTROW
▲ PositiveCapitalrelevance
Adjusted EPS and revenue rose on higher AUM, with continued buybacks and ETF growth.
Impact on stocks 1
Financials
T. Rowe Price Group IncT. Rowe Price Group reported second-quarter 2026 adjusted diluted earnings per share of $2.57, up from $2.24 a year earlier, as higher average assets under management boosted investment advisory revenue. Adjusted net revenue rose 8.5% year over year to $1.9 billion, while the firm ended the quarter with $1.9 trillion in AUM and $6.5 billion in net outflows, though it recorded positive flows in May and June. Management expects active-equity pressure and more difficult net flows in the second half of 2026. The company continues to invest in growth areas, with its ETF platform reaching $30 billion in AUM, including $4.4 billion of second-quarter inflows, and it repurchased $157 million of stock during the quarter.
T. Rowe Price Group IncAdjusted EPS and revenue rose on higher AUM, with continued buybacks and ETF growth.