T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced preliminary December month-end assets under management of $1.78 trillion. Preliminary net outflows for December 2025 were $11.6 billion, $25.5 billion for the quarter-ended December 31, 2025, and $56.9 billion for the full-year 2025. Preliminary quarterly net flows include $1.0 billion of manager-driven distributions.
As of
(in billions) 12/31/2025(a)(b) 11/30/2025 9/30/2025 12/31/2024
Equity $879 $891 $885 $830
Fixed income, including money market 212 211 208 188
Multi-asset 627 628 618 536
Alternatives 58 57 56 53
Total assets under management $1,776 $1,787 $1,767 $1,607
Target date retirement portfolios $561 $562 $553 $476
(a) Preliminary - subject to adjustment (b) Beginning in July 2025, managed account - model delivery assets are included in assets under management.
Q4 2025 EARNINGS RELEASE AND EARNINGS CALL T. Rowe Price will release Q4 2025 earnings on Wednesday, February 4, 2026 at 7:00 AM ET. The company will host an earnings call from 8:00 – 8:45 AM ET that day. To access the webcast and accompanying materials, visit the company’s investor relations website at: investors.troweprice.com.
ABOUT T. ROWE PRICE T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.78 trillion in client assets as of December 31, 2025, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its long-standing expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. Visit troweprice.com/newsroom for news and public policy commentary.
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SOURCE T. Rowe Price Group
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