T. Rowe Price Group, Inc. logo
TROWT. Rowe Price Group, Inc.

Income Tax Expense

The latest quarterly tax expense is $148.10 Million with a quarter-over-quarter change of -2.89%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.

Tax Expense

TROW Tax Expense

$148.10M

Reported quarterly tax expense; no daily interpolation.

-42.88% 5Y

Current Tax Expense

$148.10M

$148.10 Million

Quarter-over-Quarter Change

-2.89%

vs. $152.50M prior quarter

Historical Data

96

Quarters of data available

Quarterly Tax Expense History

PeriodTax ExpenseQoQ Change% Change
Q1 2026$148.10M$-4.40M-2.89%
Q4 2025$152.50M$-42.60M-21.83%
Q3 2025$195.10M+$37.40M+23.72%
Q2 2025$157.70M$-4.20M-2.59%
Q1 2025$161.90M+$5.60M+3.58%
Q4 2024$156.30M$-29.40M-15.83%
Q3 2024$185.70M+$26.00M+16.28%
Q2 2024$159.70M$-22.40M-12.30%
Q1 2024$182.10M+$8.80M+5.08%
Q4 2023$173.30M+$28.40M+19.60%
Q3 2023$144.90M$-13.60M-8.58%
Q2 2023$158.50M$-19.40M-10.91%
Q1 2023$177.90M+$78.70M+79.33%
Q4 2022$99.20M$-34.80M-25.97%
Q3 2022$134.00M+$33.10M+32.80%
Q2 2022$100.90M$-63.60M-38.66%
Q1 2022$164.50M$-14.50M-8.10%
Q4 2021$179.00M$-48.30M-21.25%
Q3 2021$227.30M$-32.00M-12.34%
Q2 2021$259.30M+$28.80M+12.49%
Q1 2021$230.50M+$14.10M+6.52%
Q4 2020$216.40M$-5.50M-2.48%
Q3 2020$221.90M$-18.40M-7.66%
Q2 2020$240.30M+$200.00M+496.28%
Q1 2020$40.30M$-116.10M-74.23%
Q4 2019$156.40M$-600,000-0.38%
Q3 2019$157.00M$-26.70M-14.53%
Q2 2019$183.70M+$2.40M+1.32%
Q1 2019$181.30M+$62.90M+53.13%
Q4 2018$118.40M$-65.50M-35.62%
Q3 2018$183.90M+$14.70M+8.69%
Q2 2018$169.20M+$24.80M+17.17%
Q1 2018$144.40M$-102.00M-41.40%
Q4 2017$246.40M+$34.80M+16.45%
Q3 2017$211.60M$-18.00M-7.84%
Q2 2017$229.60M$-6.70M-2.84%
Q1 2017$236.30M+$27.60M+13.22%
Q4 2016$208.70M+$7.40M+3.68%
Q3 2016$201.30M+$87.50M+76.89%
Q2 2016$113.80M$-68.90M-37.71%
Q1 2016$182.70M$-12.50M-6.40%
Q4 2015$195.20M+$13.70M+7.55%
Q3 2015$181.50M$-26.10M-12.57%
Q2 2015$207.60M+$12.50M+6.41%
Q1 2015$195.10M$-7.80M-3.84%
Q4 2014$202.90M+$12.60M+6.62%
Q3 2014$190.30M$-3.10M-1.60%
Q2 2014$193.40M+$6.50M+3.48%
Q1 2014$186.90M+$2.80M+1.52%
Q4 2013$184.10M+$16.90M+10.11%
Q3 2013$167.20M+$14.80M+9.71%
Q2 2013$152.40M+$3.40M+2.28%
Q1 2013$149.00M+$2.90M+1.98%
Q4 2012$146.10M$-6.90M-4.51%
Q3 2012$153.00M+$24.40M+18.97%
Q2 2012$128.60M+$4.80M+3.88%
Q1 2012$123.80M+$5.70M+4.83%
Q4 2011$118.10M+$7.10M+6.40%
Q3 2011$111.00M$-16.50M-12.94%
Q2 2011$127.50M+$6.70M+5.55%
Q1 2011$120.80M+$14.20M+13.32%
Q4 2010$106.60M+$4.90M+4.82%
Q3 2010$101.70M+$3.20M+3.25%
Q2 2010$98.50M+$7.50M+8.24%
Q1 2010$91.00M+$3.50M+4.00%
Q4 2009$87.50M+$7.90M+9.92%
Q3 2009$79.60M+$17.80M+28.80%
Q2 2009$61.80M+$35.40M+134.09%
Q1 2009$26.40M+$9.80M+59.04%
Q4 2008$16.60M$-75.10M-81.90%
Q3 2008$91.70M$-12.50M-12.00%
Q2 2008$104.20M+$11.30M+12.16%
Q1 2008$92.90M$-18.00M-16.23%
Q4 2007$110.90M+$4.00M+3.74%
Q3 2007$106.90M+$6.30M+6.26%
Q2 2007$100.60M+$12.80M+14.58%
Q1 2007$87.80M$-1.48M-1.65%
Q4 2006$89.28M$-23,000-0.03%
Q3 2006$89.30M+$8.60M+10.66%
Q2 2006$80.70M+$11.30M+16.28%
Q1 2006$69.40M+$1.97M+2.92%
Q4 2005$67.43M$-452,000-0.67%
Q3 2005$67.89M+$9.69M+16.65%
Q2 2005$58.20M+$3.25M+5.92%
Q1 2005$54.94M+$2.80M+5.37%
Q4 2004$52.14M+$2.33M+4.68%
Q3 2004$49.81M+$1.59M+3.31%
Q2 2004$48.22M+$1.88M+4.05%
Q1 2004$46.34M+$3.74M+8.79%
Q4 2003$42.60M+$3.10M+7.86%
Q3 2003$39.49M+$7.09M+21.86%
Q2 2003$32.41M+$8.88M+37.76%
Q1 2003$23.52M$-785,000-3.23%
Q4 2002$24.31M$-2.81M-10.36%
Q3 2002$27.12M$-4.62M-14.55%
Q2 2002$31.74M
Data as of Thursday, June 25, 2026

About T. Rowe Price Group, Inc.

T. Rowe Price Group, Inc. operates as a publicly traded entity specializing in investment management. The firm extends its financial expertise to a diverse range of clients, including individual investors, institutional organizations, retirement benefit plans, and financial intermediaries. It is responsible for the establishment and ongoing management of both equity and fixed income mutual funds. The company's investment activities encompass public stock and bond markets worldwide. Employing a bottom-up methodology, the firm integrates both fundamental and quantitative analysis, leveraging insights from both internal research capabilities and external sources for its investment decisions. A core tenet of its investment philosophy is socially responsible investing, with a significant emphasis on environmental, social, and governance (ESG) factors. Furthermore, T. Rowe Price engages in late-stage venture capital transactions, typically committing between $3 million and $5 million per investment. Historically, the firm was known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. Established in 1937, its global headquarters are situated in Baltimore, Maryland. The firm maintains a substantial international presence, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany; Madrid, Spain; Milan, Italy; Stockholm, Sweden; Melbourne, Australia; and Amsterdam, Netherlands.

Baltimore, MD
8,084 employees
Financial Services / Asset Management
Sector
Financial Services
Industry
Asset Management
CEO
Robert W. Sharps