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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Restricted shares
Restricted stock units
Total stockholders’ equity attributable to T. Rowe Price Group
Total stockholders’ equity attributable to T. Rowe Price Group
Restricted shares
Total stockholders’ equity attributable to T. Rowe Price Group
Restricted stock units
Common stock
Common stock
Restricted shares
Common stock
Restricted stock units
Additional capital in excess of par value
Additional capital in excess of par value
Restricted shares
Additional capital in excess of par value
Restricted stock units
Retained earnings
AOCI
[1]
Non-controlling interests in consolidated entities
Beginning balances (in shares) at Dec. 31, 2022             224,310,000                
Beginning balances at Dec. 31, 2022 $ 9,030.2     $ 8,839.5     $ 44.9     $ 437.9     $ 8,409.7 $ (53.0) $ 190.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 1,833.3     1,788.7                 1,788.7   44.6
Other comprehensive income (loss), net of tax (Loss) 5.5     5.5                   5.5  
Dividends declared (1,121.9)     (1,121.9)                 (1,121.9)    
Common stock-based compensation plans activity:                              
Shares issued upon option exercises (in shares)             585,000                
Shares issued upon option exercises 35.7     35.7     $ 0.1     35.6          
Restricted shares issued, net of shares withheld for taxes (in shares)               57,000              
Net shares issued upon vesting of restricted stock units (in shares)                 1,413,000            
Net shares issued upon vesting of restricted stock units     $ (53.7)     $ (53.7)     $ 0.3     $ (54.0)      
Stock-based compensation expense 265.6     265.6           265.6          
Restricted stock units issued as dividend equivalents 0.0                 0.4     (0.4)    
Common shares repurchased (in shares)             (2,427,000)                
Common shares repurchased (254.3)     (254.3)     $ (0.5)     (253.8)          
Net distributions to non-controlling interests in consolidated entities (43.3)                           (43.3)
Ending balances (in shares) at Dec. 31, 2023             223,938,000                
Ending balances at Dec. 31, 2023 9,697.1     9,505.1     $ 44.8     431.7     9,076.1 (47.5) 192.0
Beginning balances attributable to redeemable non-controlling interests at Dec. 31, 2022 656.7                            
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Net income 47.0                            
Other comprehensive income, net of tax 12.7                            
Net subscriptions into T. Rowe Price investment products 356.9                            
Net deconsolidations of T. Rowe Price investment products (479.2)                            
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2023 594.1                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 2,105.5     2,100.1                 2,100.1   5.4
Other comprehensive income (loss), net of tax (Loss) (4.2)     (4.2)                   (4.2)  
Dividends declared (1,135.2)     (1,135.2)                 (1,135.2)    
Common stock-based compensation plans activity:                              
Shares issued upon option exercises (in shares)             577,000                
Shares issued upon option exercises 36.4     36.4     $ 0.1     36.3          
Restricted shares issued, net of shares withheld for taxes (in shares)               7,000              
Restricted shares issued, net of shares withheld for taxes   $ (0.3)     $ (0.3)           $ (0.3)        
Net shares issued upon vesting of restricted stock units (in shares)                 1,415,000            
Net shares issued upon vesting of restricted stock units     (69.3)     (69.3)     $ 0.3     (69.6)      
Stock-based compensation expense 247.3     247.3           247.3          
Restricted stock units issued as dividend equivalents 0.0                 0.4     (0.4)    
Common shares repurchased (in shares)             (2,971,000)                
Common shares repurchased (334.5)     (334.5)     $ (0.6)     (333.9)          
Net distributions to non-controlling interests in consolidated entities (36.7)                           (36.7)
Ending balances (in shares) at Dec. 31, 2024             222,966,000                
Ending balances at Dec. 31, 2024 10,506.1     10,345.4     $ 44.6     311.9     10,040.6 (51.7) 160.7
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Net income 35.7                            
Other comprehensive income, net of tax (5.0)                            
Net subscriptions into T. Rowe Price investment products 592.0                            
Net deconsolidations of T. Rowe Price investment products (272.8)                            
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2024 944.0                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 2,117.9     2,087.1                 2,087.1   30.8
Other comprehensive income (loss), net of tax (Loss) 1.2     1.2                   $ 1.2  
Dividends declared $ (1,143.4)     (1,143.4)                 (1,143.4)    
Common stock-based compensation plans activity:                              
Shares issued upon option exercises (in shares) 642,149           495,000                
Shares issued upon option exercises $ 31.6     31.6     $ 0.1     31.5          
Restricted shares issued, net of shares withheld for taxes (in shares)               0              
Restricted shares issued, net of shares withheld for taxes   $ (0.2)     $ (0.2)           $ (0.2)        
Net shares issued upon vesting of restricted stock units (in shares)                 1,279,000            
Net shares issued upon vesting of restricted stock units     $ (53.9)     $ (53.9)     $ 0.3     $ (54.2)      
Stock-based compensation expense 216.9     216.9           216.9          
Restricted stock units issued as dividend equivalents                   0.5     (0.5)    
Common shares repurchased (in shares)             (6,175,000)                
Common shares repurchased (624.6)     (624.6)     $ (1.2)     $ (506.4)     $ (117.0)    
Net distributions to non-controlling interests in consolidated entities (34.4)                           $ (34.4)
Ending balances (in shares) at Dec. 31, 2025             218,565,000                
Ending balances at Dec. 31, 2025 11,017.2     $ 10,860.1                      
Increase (Decrease) in Temporary Equity [Roll Forward]                              
Net income 121.2                            
Other comprehensive income, net of tax 9.8                            
Net subscriptions into T. Rowe Price investment products 556.0                            
Net deconsolidations of T. Rowe Price investment products (595.0)                            
Ending balances attributable to redeemable non-controlling interests at Dec. 31, 2025 $ 1,036.0                            
[1] Accumulated other comprehensive income