A copy of this presentation, which includes additional information, is available at investors.troweprice.com. Data as of March 31, 2025, unless otherwise noted. All figures are USD, unless otherwise noted. Forward-Looking Statement This presentation, and other statements that T. Rowe Price may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to T. Rowe Price's future financial or business performance, strategies, or expectations. F ...

Financial Performance - Diluted earnings per common share (EPS) were reported at $2.15, a decrease of 13.7% compared to $2.49 in Q1 2024[2]. - Adjusted diluted EPS was $2.23, down 6.3% from $2.38 in the same quarter last year[3]. - Net revenues for Q1 2025 were $1.76 billion, reflecting a 0.8% increase year-over-year but a 3.3% decrease from Q4 2024[8]. - Net income attributable to T. Rowe Price Group, Inc. for Q1 2025 was $490.5 million, down 14.5% from $573.8 million in Q1 2024[21]. - The adjusted net income for the same period was $509.3 million, with an adjusted diluted earnings per share of $2.23, compared to $548.5 million and $2.38 for the three months ended March 31, 2024[31]. Assets and Management - Total assets under management (AUM) decreased by $40.3 billion to $1.57 trillion as of March 31, 2025[4]. - The firm manages $1.57 trillion in assets under management as of March 31, 2025, with approximately two-thirds being retirement-related[17]. - The average AUM for the quarter was $1.62 trillion, up 9.2% from $1.48 trillion in Q1 2024[8]. - As of March 31, 2025, the firm's assets under administration were $280 billion, with $158 billion managed by the firm[6]. Client Activity - Net client outflows amounted to $8.6 billion during the quarter[3]. Operating Expenses - Total operating expenses for Q1 2025 were $1,167.6 million, an increase of 0.3% from Q1 2024 and a decrease of 7.0% from Q4 2024[10]. - Adjusted operating expenses for Q1 2025 were $1,135.1 million, reflecting a 5.9% increase from Q1 2024 and a 7.2% decrease from Q4 2024[10]. - Compensation, benefits, and related costs in Q1 2025 amounted to $657.9 million, up $28.6 million from Q1 2024, primarily due to higher salaries and employee benefits[10]. - Distribution and servicing costs in Q1 2025 were $93.6 million, an increase of 14.3% from Q1 2024, driven by higher average assets under management[10]. - Total operating income for the three months ended March 31, 2025, was $161.9 million, compared to $182.1 million for the same period in 2024[29]. Taxation - The effective income tax rate for Q1 2025 was 24.3%, compared to 23.5% in Q1 2024, primarily due to higher state taxes[13]. - The firm expects its effective tax rate for the full year 2025 to be in the range of 23.5% to 27.5% on a U.S. GAAP basis[14]. - The effective tax rate for the three months ended March 31, 2025, was 24.7%, slightly higher than 23.9% for the same period in 2024[30]. Non-Operating Income - Non-operating income for Q1 2025 was $70.7 million, a decrease of 62.6% from $188.9 million in Q1 2024[11]. - The total non-operating income (loss) for the three months ended March 31, 2025, was $70.7 million, compared to $188.9 million for the same period in 2024[29]. Cash and Investments - Cash and cash equivalents at the end of Q1 2025 were $2,836.7 million, an increase from $2,649.8 million at the end of 2024[23]. - Total assets as of March 31, 2025, were $13,993.7 million, up from $13,472.0 million at the end of 2024[23]. - The balance of investments in affiliated private investment funds decreased to $382.6 million in Q1 2025 from $514.3 million in Q1 2024[25]. - Non-controlling interests in consolidated entities decreased to $160.4 million in Q1 2025 from $205.4 million in Q1 2024[25]. Shareholder Returns - The firm returned $506 million to stockholders through dividends and stock repurchases during the quarter[3].

Group 1 - The company T. Rowe Price (NASDAQ: TROW) has been identified as a strong investment opportunity due to its clean balance sheet and valuation being significantly below its historical average [1] - The investor profile indicates a focus on dividend growth investing and value, suggesting a long-term investment strategy [1] - The analyst has a beneficial long position in TROW shares, indicating confidence in the company's future performance [1]

Core Viewpoint - Analysts expect T. Rowe Price (TROW) to report quarterly earnings of $2.09 per share, reflecting a year-over-year decline of 12.2%, with revenues projected at $1.77 billion, an increase of 1.2% from the previous year [1]. Earnings Estimates - There has been a downward revision of 13.2% in the consensus EPS estimate over the last 30 days, indicating a significant reconsideration by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [3]. Revenue Projections - Analysts estimate 'Net revenues- Capital allocation-based income' to be $6.07 million, down 87.1% year-over-year [4]. - 'Net revenues- Administrative, distribution and servicing fees' are expected to reach $142.50 million, a decrease of 4.4% from the prior year [5]. - 'Net revenues- Investment advisory fees' are projected at $1.61 billion, reflecting a year-over-year increase of 3.3% [5]. - 'Net revenues- Investment Advisory Fees- Alternatives' are expected to be $72.05 million, down 2.8% from the previous year [6]. - 'Net revenues- Investment Advisory Fees- Multi-asset' are estimated at $459.77 million, indicating a year-over-year increase of 7% [6]. - 'Net revenues- Investment Advisory Fees- Fixed income, including money market' are forecasted to reach $108.38 million, up 7.7% year-over-year [7]. - 'Net revenues- Investment Advisory Fees- Equity' are expected to be $959.01 million, reflecting a 1% increase from the previous year [7]. Assets Under Management (AUM) - 'Assets Under Management (EOP) - Equity' is estimated at $806.24 billion, up from $770.4 billion in the same quarter last year [8]. - 'Assets Under Management (EOP) - Multi-asset' is projected to be $553.12 billion, compared to $497 billion a year ago [8]. - Total 'Assets Under Management' is expected to reach $1,607.56 billion, an increase from $1,484.4 billion year-over-year [9]. - 'Assets Under Management (EOP) - Fixed income, including money market' is estimated at $195.56 billion, up from $169.5 billion last year [9]. - 'Assets Under Management (EOP) - Alternatives' is projected to be $52.65 billion, compared to $47.5 billion in the previous year [10]. Stock Performance - Over the past month, T. Rowe shares have recorded a return of -3.4%, while the Zacks S&P 500 composite has changed by -0.8% [10]. - Based on its Zacks Rank 4 (Sell), TROW is expected to underperform the overall market in the upcoming period [11].

Group 1 - The article emphasizes a personal investment strategy focused on growth and dividend income, aiming for an easy retirement through a portfolio that prioritizes compounding dividend income and growth [1] - The strategy includes structuring the portfolio to generate monthly dividend income, which is enhanced through dividend reinvestment and annual increases [1] Group 2 - The article is presented as personal opinion and not as professional investment advice, highlighting the importance of individual research before making investment decisions [2][3] - It clarifies that past performance does not guarantee future results, and no specific recommendations are made regarding the suitability of investments for particular investors [3]

T. Rowe Price (TROW) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. On ...

T. Rowe Price (TROW) shares soared 12.3% in the last trading session to close at $90.16. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.7% loss over the past four weeks.T. Rowe Price Group witnessed a significant stock price increase following President Donald Trump's announcement of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China. The tariff pause lessened investor concerns about mounting ...

Core Insights - T. Rowe Price Group, Inc. reported preliminary month-end assets under management of $1.57 trillion as of March 31, 2025, reflecting a decrease from the previous month [1][5] - The company experienced preliminary net outflows of $1.8 billion for March 2025 and $8.6 billion for the quarter ended March 2025 [1] - The quarterly net flows included $0.7 billion of Manager-driven distributions [1] Asset Management Breakdown - As of March 31, 2025, the asset management breakdown is as follows: - Equity: $773 billion, down from $827 billion in February 2025 and $830 billion in December 2024 [3] - Fixed income, including money market: $196 billion, up from $192 billion in February 2025 and $188 billion in December 2024 [3] - Multi-asset: $544 billion, down from $555 billion in February 2025 and up from $536 billion in December 2024 [3] - Alternatives: $53 billion, unchanged from February 2025 and December 2024 [3] - Total assets under management: $1,566 billion, down from $1,627 billion in February 2025 and $1,607 billion in December 2024 [3] - Target date retirement portfolios: $484 billion, down from $494 billion in February 2025 and up from $476 billion in December 2024 [3] Upcoming Earnings Release - T. Rowe Price is scheduled to release Q1 2025 earnings on May 2, 2025, at 7:00 AM ET, followed by an earnings call from 8:00 to 8:45 AM ET [4]

T. Rowe Price (TROW) closed the most recent trading day at $80.27, moving -1.7% from the previous trading session. This change lagged the S&P 500's 1.57% loss on the day. Elsewhere, the Dow saw a downswing of 0.84%, while the tech-heavy Nasdaq depreciated by 2.15%.The financial services firm's stock has dropped by 17.32% in the past month, falling short of the Finance sector's loss of 10.12% and the S&P 500's loss of 12.16%.The investment community will be paying close attention to the earnings performance ...

The launch of both SSAnalyzer and "The Power of Social Security" are the latest examples of how the firm continues to garner substantial value for clients through the acquisition of Retiree, Inc., alongside T. Rowe Price's decades of experience as a retirement leader. The launch of SSAnalyzer follows the 2024 launch of Social Security Optimizer, a tool specifically designed for T. Rowe Price individual investors and 401(k) plan participants. The Social Security Analyzer tool and "Power of Social Security" p ...