Price T Rowe (TROW) Tax Rate (2010 - 2026)

Price T Rowe (TROW) reported Tax Rate of 23.43% for Q1 2026, down 85.0% on a YoY basis from 156.17% in Q1 2025, and down 5.82% quarter-over-quarter from 24.87% in Q4 2025.

Price T Rowe (TROW) Tax Rate (2010 - 2026) Analysis & Trends

Price T Rowe has reported Tax Rate for 17 years, with the latest figure at 23.43% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 85.0% year-over-year to 23.43%; the trailing twelve-month figure through Mar 2026 stood at 23.0% (down 148.0% YoY), and the FY2025 full-year result was 23.2%, down 105.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.43%, down from 24.87% in the prior quarter.
  • The five-year high for Tax Rate was 28.71% in Q1 2023, with the low at 22.09% in Q2 2025.
  • Historically, Tax Rate has averaged 24.87% across 5 years, with a median of 24.78% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 590 bps — and 2024, when it tumbled 523 bps.
  • Price T Rowe's Tax Rate stood at 25.51% in 2022, then gained by 5 bps to 26.79% in 2023, then gained by 2 bps to 27.28% in 2024, then fell by 9 bps to 24.87% in 2025, then fell by 6 bps to 23.43% in 2026.
  • The last three Tax Rate figures came in at 23.43% (Q1 2026), 24.87% (Q4 2025), and 22.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Price T Rowe 23.43 Bn 19.85 Bn - 23.43

Historic Data

Download Data
DateValue
Mar 31, 2026 23.43%
Mar 31, 2026 23.43%
Dec 31, 2025 24.87%
Dec 31, 2025 24.87%
Sep 30, 2025 22.13%
Sep 30, 2025 22.13%
Jun 30, 2025 22.09%
Jun 30, 2025 22.09%
Mar 31, 2025 24.27%
Mar 31, 2025 24.27%
Dec 31, 2024 27.28%
Dec 31, 2024 27.28%
Sep 30, 2024 22.48%
Sep 30, 2024 22.48%
Jun 30, 2024 24.76%
Jun 30, 2024 24.76%
Mar 31, 2024 23.48%
Mar 31, 2024 23.48%
Dec 31, 2023 26.79%
Dec 31, 2023 26.79%