TROW · 10-Q · 2026Q3 · Full report

Guidance / Outlook

PRICE T ROWE GROUP INC · 2026-10-29 · Importance 51 · Surprise 60

For full-year 2026, management estimates that the effective income tax rate will be 23.5%–25.5% on both a U.S. GAAP and adjusted basis. The filing identifies stock-price movements affecting stock-based-compensation tax benefits, changes in the country mix of earnings and applicable tax rates, and changes in valuation allowances on foreign deferred tax assets as sources of future tax-rate volatility.

Key facts

• The firm estimates its full-year 2026 effective income tax rate, on both U.S. GAAP and adjusted bases, will be 23.5% to 25.5%. source
• The company's future revenues and results of operations are expected to fluctuate primarily with changes in the total value and composition of assets under management, including from client cash flows, performance fees, capital allocation-based income, global market movements, new products, and retirement savings trends. source
• Changes in legal, regulatory, accounting, tax, and compliance requirements may substantially affect the company's operations and results, including costs and investor interest in investment products and investing generally or in particular investment classes. source