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T. Rowe (TROW) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

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T. Rowe Price (TROW - Free Report) reported $1.93 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 6%. EPS of $2.44 for the same period compares to $2.12 a year ago.

The reported revenue represents a surprise of +0.79% over the Zacks Consensus Estimate of $1.92 billion. With the consensus EPS estimate being $2.47, the EPS surprise was -1.22%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how T. Rowe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Assets Under Management (EOP) - Equity: $878.50 billion versus the three-analyst average estimate of $877.74 billion.
  • Assets Under Management (EOP) - Multi-asset: $627.00 billion compared to the $617.42 billion average estimate based on three analysts.
  • Assets Under Management (EOP) - Fixed income, including money market: $211.60 billion versus the three-analyst average estimate of $211.64 billion.
  • Assets Under Management - Total: $1,775.60 billion versus the three-analyst average estimate of $1,771.02 billion.
  • Net revenues- Capital allocation-based income: $40.8 million compared to the $21.37 million average estimate based on three analysts. The reported number represents a change of -884.6% year over year.
  • Net revenues- Investment advisory fees: $1.74 billion versus the three-analyst average estimate of $1.72 billion. The reported number represents a year-over-year change of +4.2%.
  • Net revenues- Administrative, distribution and servicing fees: $141.5 million compared to the $152.53 million average estimate based on three analysts. The reported number represents a change of -1.2% year over year.
  • Net revenues- Performance-based advisory fees: $14.2 million versus $18.01 million estimated by three analysts on average.
  • Net revenues- Investment Advisory Fees- Fixed income, including money market: $113.8 million versus $112.02 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
  • Net revenues- Investment Advisory Fees- Multi-asset: $507.9 million versus the three-analyst average estimate of $502.61 million. The reported number represents a year-over-year change of +7.2%.
  • Net revenues- Investment Advisory Fees- Alternatives: $86.8 million versus $86.41 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
  • Net revenues- Investment Advisory Fees- Equity: $1.03 billion versus the three-analyst average estimate of $1.02 billion. The reported number represents a year-over-year change of +2.3%.

View all Key Company Metrics for T. Rowe here>>>

Shares of T. Rowe have returned -5.8% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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