T. Rowe Price stock posts 10.7 percent revenue growth
Published on 09/24/2026 at 16:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T. Rowe Price stock posted 10.7 percent revenue growth in Q2 2026 while trading at USD 103.89 on NASDAQ on September 24, 2026. The latest quarterly figures put earnings and shareholder distributions at the center of the investment case.
Q2 figures beat consensus
According to MarketBeat, T. Rowe Price reported adjusted EPS of USD 2.57 for Q2 2026, exceeding the USD 2.52 consensus by USD 0.05. Revenue reached USD 1.91 billion versus the USD 1.89 billion consensus, giving the quarter a quantified earnings and sales beat.
The revenue figure was 10.7 percent above the same quarter of the prior year, while adjusted EPS increased from USD 2.24 in the comparable period to USD 2.57. That combination matters because the revenue gain was accompanied by higher per-share earnings rather than relying solely on asset-market valuation changes.
Dividend adds an income angle
MarketBeat also reports a quarterly dividend of USD 1.30, payable September 29, 2026, to shareholders of record from September 15, 2026. The annualized distribution is USD 5.20 per share, making the payout an important part of the return profile alongside quarterly earnings.
T. Rowe Price operates in financial services and asset management, serving individual investors, institutions, retirement plans, and financial intermediaries. Its business mix means revenue and earnings remain closely tied to assets under management, investment performance, client flows, and fee income.
Stock stays below yearly high
The intraday price of USD 103.89 on NASDAQ on September 24, 2026, was down USD 0.68, or 0.65 percent, from the prior close of USD 104.57. The quote stood USD 18.11, or 14.84 percent, below the 52-week high of USD 122 and USD 18.67 above the 52-week low of USD 85.22.
For investors, the numbers create a clear tension: Q2 revenue and adjusted EPS exceeded consensus, while the share price remained below its yearly high. The next valuation signal will be whether earnings growth and the USD 1.30 dividend can offset concerns about flows and the broader sensitivity of asset managers to market levels.
Price and company snapshot
T. Rowe Price stock snapshot
- Company: T. Rowe Price Group, Inc.
- Ticker: TROW
- Trading venue: NASDAQ
- Price (as of September 24, 2026, 10:42 a.m. ET): USD 103.89
- Market capitalization: USD 22,260,198,630 (as of September 24, 2026)
- 52-week range: USD 85.22-122 (as of September 24, 2026)
- Sector / Industry: Financial Services / Asset Management
