TROW (T. Rowe Price Group) Tax Rate %: 23.43% (As of Mar. 2026)

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TROW T. Rowe Price Group Inc TROW
80 GF Score
Price $121.68
GF Value $123.09
Valuation Fairly Valued
! 9 Warning Signs
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What is T. Rowe Price Group Tax Rate %?

T. Rowe Price Group TROW +2.07% 80 Tax Rate % is 23.43% as of Mar. 2026. GuruFocus rates TROW with a GF Score™ of 80/100 and a GF Value™ of $123.09 (Fairly Valued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. T. Rowe Price Group's Tax Expense for the three months ended in Mar. 2026 was $148 Mil. T. Rowe Price Group's Pre-Tax Income for the three months ended in Mar. 2026 was $632 Mil. Therefore, T. Rowe Price Group's Tax Rate % for the quarter that ended in Mar. 2026 was 23.43%.

T. Rowe Price Group Tax Rate % Related Terms

T. Rowe Price Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for T. Rowe Price Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

T. Rowe Price Group Tax Rate % Chart

T. Rowe Price Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.43 25.59 26.29 24.25 23.20

T. Rowe Price Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.27 22.09 22.13 24.87 23.43
TROW
80GF Score
T. Rowe Price Group Inc TROW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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T. Rowe Price Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

T. Rowe Price Group's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=667.2/2875.5
=23.20 %

T. Rowe Price Group's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=148.1/632.2
=23.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.43% mean?
T. Rowe Price Group (TROW) has a Tax Rate % of 23.43% as of Mar. 2026.
Is T. Rowe Price Group's Tax Rate % too high?
T. Rowe Price Group's current Tax Rate % is 23.43%. Overall, T. Rowe Price Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T. Rowe Price Group's Tax Rate % compare to PFG and NTRS?
T. Rowe Price Group's Tax Rate % of 23.43% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. T. Rowe Price Group's current Tax Rate % is 23.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T. Rowe Price Group stock overvalued right now?
Based on GuruFocus' analysis, T. Rowe Price Group (TROW) is currently considered Fairly Valued. The stock's GF Value™ is $123.09, compared to a current price of $121.68 — trading 1.1% below its estimated fair value. The current Tax Rate % is 23.43%. T. Rowe Price Group's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For T. Rowe Price Group (TROW), the current Tax Rate % is 23.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is T. Rowe Price Group (TROW) Overvalued in 2026?

Based on GuruFocus' analysis, T. Rowe Price Group stock appears to be undervalued. The current stock price of $121.68 is trading 1.1% below its estimated GF Value™ of $123.09. GuruFocus considers T. Rowe Price Group to be Fairly Valued.

Key valuation signals for TROW:

  • Tax Rate %: 23.43%
  • GF Value™: $123.09 vs. price of $121.68 (1.1% below fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the TROW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

T. Rowe Price Group Business Description

Address 100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of May 2026, the firm had $1.892 trillion in managed assets, composed of equity (49%), balanced (37%), fixed-income and money market (11%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provide T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.
80GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$121.68
Price
$123.09
GF Value