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| Date | Value |
|---|---|
| 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% |