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CONSOLIDATED INVESTMENT PRODUCTS - Operating Results (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Condensed Income Statements, Captions [Line Items]      
Operating expenses reflected in net operating income $ (4,760.3) $ (4,474.3) $ (4,114.7)
Income before income taxes 2,819.6 2,490.3 1,948.2
Net income (loss) attributable to redeemable non-controlling interests 35.7 47.0 (108.3)
Consolidated T. Rowe Price investment products      
Condensed Income Statements, Captions [Line Items]      
Income before income taxes 120.5 153.5 (211.7)
Net income (loss) attributable to T. Rowe Price Group 84.8 106.5 (103.4)
Net income (loss) attributable to redeemable non-controlling interests 35.7 47.0 (108.3)
Consolidated T. Rowe Price investment products | Reportable entities      
Condensed Income Statements, Captions [Line Items]      
Operating expenses reflected in net operating income (9.8) (11.1) (8.2)
Net gains (losses) reflected in non-operating income 130.3 164.6 (203.5)
Income before income taxes 120.5 153.5 (211.7)
VOE      
Condensed Income Statements, Captions [Line Items]      
Income before income taxes 39.3 48.7 (13.9)
Net income (loss) attributable to T. Rowe Price Group 31.4 40.9 (9.5)
Net income (loss) attributable to redeemable non-controlling interests 7.9 7.8 (4.4)
VOE | Reportable entities      
Condensed Income Statements, Captions [Line Items]      
Operating expenses reflected in net operating income (2.4) (3.7) (0.5)
Net gains (losses) reflected in non-operating income 41.7 52.4 (13.4)
Income before income taxes 39.3 48.7 (13.9)
VIE      
Condensed Income Statements, Captions [Line Items]      
Income before income taxes 81.2 104.8 (197.8)
Net income (loss) attributable to T. Rowe Price Group 53.4 65.6 (93.9)
Net income (loss) attributable to redeemable non-controlling interests 27.8 39.2 (103.9)
VIE | Reportable entities      
Condensed Income Statements, Captions [Line Items]      
Operating expenses reflected in net operating income (7.4) (7.4) (7.7)
Net gains (losses) reflected in non-operating income 88.6 112.2 (190.1)
Income before income taxes $ 81.2 $ 104.8 $ (197.8)