T. Rowe Price (TROW) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.2% | -10.5% | -3.3% | +14.1% | +1.6% | +3.9% | — | — | — | — | — | — |
| 2025 | +3.4% | -9.6% | -11.9% | -3.6% | +5.7% | +4.5% | +5.1% | +6.1% | -3.5% | -0.1% | -0.1% | +1.2% |
| 2024 | +0.7% | +4.5% | +8.7% | -10.1% | +7.5% | -1.1% | -0.9% | -7.2% | +4.0% | +0.9% | +12.7% | -7.7% |
| 2023 | +6.8% | -3.6% | +1.7% | -0.5% | -4.6% | +5.7% | +10.0% | -8.9% | -5.5% | -13.7% | +10.6% | +8.8% |
| 2022 | -21.5% | -6.4% | +5.5% | -18.6% | +3.3% | -9.6% | +8.7% | -2.8% | -11.6% | +1.1% | +17.7% | -11.8% |
| 2021 | +3.4% | +3.6% | +6.5% | +4.4% | +6.8% | +5.7% | +3.1% | +9.7% | -11.7% | +10.3% | -7.8% | -1.1% |
| 2020 | +9.6% | -11.6% | -16.4% | +18.4% | +4.6% | +2.9% | +11.8% | +0.8% | -7.2% | -1.2% | +13.2% | +6.2% |
| 2019 | +1.2% | +7.4% | +0.5% | +7.4% | -5.9% | +9.2% | +3.4% | -2.4% | +3.9% | +1.4% | +6.7% | -0.8% |
| 2018 | +6.4% | +0.2% | -2.9% | +5.4% | +6.7% | -3.9% | +2.6% | -2.7% | -5.2% | -11.2% | +2.4% | -6.4% |
| 2017 | -10.4% | +5.6% | -3.5% | +4.0% | -0.6% | +6.2% | +11.5% | +2.0% | +8.2% | +2.5% | +10.8% | +2.5% |
| 2016 | -0.8% | -2.6% | +7.1% | +2.5% | +2.4% | -4.6% | -3.1% | -1.6% | -3.6% | -3.7% | +15.7% | +2.4% |
| 2015 | -8.3% | +4.9% | -1.3% | +2.7% | -0.6% | -3.0% | -0.8% | -6.8% | -2.6% | +8.8% | +0.7% | -5.4% |
| 2014 | -6.4% | +3.5% | +2.0% | -0.3% | -0.7% | +4.1% | -8.0% | +4.3% | -2.7% | +4.7% | +1.7% | +3.4% |
| 2013 | +9.7% | -0.3% | +5.7% | -3.2% | +4.7% | -3.1% | +2.8% | -6.8% | +3.1% | +7.6% | +3.9% | +4.6% |
| 2012 | +1.6% | +6.5% | +6.6% | -3.3% | -8.8% | +9.9% | -3.5% | +1.1% | +3.6% | +2.5% | -0.3% | +2.3% |
| 2011 | +2.1% | +1.6% | -0.4% | -3.3% | -1.5% | -4.2% | -5.9% | -5.8% | -10.1% | +10.6% | +7.4% | +0.8% |
| 2010 | -6.8% | +2.2% | +9.0% | +4.7% | -13.9% | -9.9% | +8.7% | -9.2% | +15.0% | +10.4% | +5.5% | +11.1% |
| 2009 | -22.2% | -17.6% | +28.1% | +33.5% | +5.3% | +3.3% | +12.1% | -3.0% | +1.4% | +6.6% | +0.4% | +9.3% |
| 2008 | -16.9% | -0.1% | -0.6% | +17.1% | -1.1% | -2.1% | +6.0% | -0.8% | -9.1% | -26.4% | -13.5% | +4.4% |
| 2007 | +9.6% | -2.9% | +1.7% | +5.3% | +3.3% | +1.4% | +0.5% | -1.6% | +8.9% | +15.3% | -4.3% | -0.6% |
| 2006 | +6.1% | +0.5% | +2.2% | +7.6% | -6.1% | -4.2% | +9.3% | +6.6% | +8.9% | -1.1% | -8.4% | +1.4% |
| 2005 | -3.7% | +2.6% | -3.0% | -7.1% | +8.2% | +5.3% | +6.0% | -5.1% | +4.0% | +0.3% | +9.9% | +0.5% |
| 2004 | +10.0% | +0.8% | +2.8% | -4.8% | -6.1% | +5.1% | -8.3% | +7.2% | +3.2% | +9.5% | +6.0% | +5.6% |
| 2003 | -2.0% | -3.8% | +6.0% | +12.5% | +20.3% | +3.4% | +7.3% | +5.0% | -2.6% | -0.9% | +2.7% | +13.3% |
| 2002 | +8.2% | +5.9% | -1.8% | -9.8% | +2.9% | -8.5% | -17.8% | +4.7% | -11.3% | +13.2% | +7.6% | -9.7% |
| 2001 | -7.7% | -8.5% | -11.8% | +10.9% | +5.6% | +2.4% | +1.5% | -1.5% | -21.3% | -5.3% | +14.2% | +10.1% |
| 2000 | +5.2% | -15.3% | +20.4% | -3.5% | +0.1% | +11.8% | -3.8% | +10.6% | +4.0% | -0.3% | -22.1% | +16.2% |
| 1999 | +6.8% | -15.7% | +11.8% | +9.6% | +2.5% | -0.3% | -8.8% | -11.6% | -11.1% | +29.5% | +1.4% | +3.0% |
| 1998 | +2.9% | +2.5% | +6.3% | +7.4% | -6.2% | +6.4% | -5.5% | -14.2% | -3.1% | +20.9% | +0.6% | -3.9% |
| 1997 | -5.2% | +7.0% | -15.7% | +24.5% | +6.6% | +5.1% | +5.0% | +1.4% | +22.5% | -1.5% | -1.9% | -3.0% |
| 1996 | +9.7% | -0.3% | -1.3% | +5.1% | +0.6% | +10.0% | -8.6% | +3.3% | +12.3% | +4.9% | +5.7% | +20.9% |
| 1995 | -8.1% | +16.4% | +14.1% | +0.9% | -0.9% | +5.7% | +14.8% | +7.8% | +8.3% | -3.0% | +6.6% | -6.8% |
| 1994 | +11.6% | -3.3% | -10.2% | +1.9% | +5.6% | -11.7% | +6.0% | +13.8% | +5.5% | +2.1% | -14.3% | +3.0% |
| 1993 | +7.9% | -7.4% | -1.6% | -1.6% | +6.6% | -0.8% | +17.8% | +11.2% | +2.4% | -4.0% | +1.8% | -3.0% |
| 1992 | +3.3% | -2.4% | -17.9% | -6.4% | +3.2% | +5.5% | +10.7% | -7.9% | -2.9% | +2.9% | +13.3% | +5.9% |
| 1991 | -11.3% | +11.3% | +21.0% | -5.1% | +2.4% | +0.0% | +15.1% | +4.5% | +3.4% | +8.0% | -10.9% | +37.9% |
| 1990 | -12.0% | +8.7% | +7.4% | -18.2% | +15.7% | -3.4% | -4.1% | -18.4% | -3.0% | -20.3% | +16.7% | +27.0% |
| 1989 | +11.1% | +0.0% | +4.7% | +11.2% | +0.0% | +4.1% | +6.3% | +11.1% | -2.1% | -3.0% | +1.9% | +12.2% |
| 1988 | +22.5% | +19.4% | -5.5% | -3.6% | +0.0% | +21.3% | +3.0% | -2.9% | +10.4% | -8.2% | +3.0% | +4.5% |
| 1987 | +33.2% | +19.7% | -9.0% | -6.5% | -10.1% | +3.7% | +5.8% | -5.5% | -13.1% | -35.4% | -7.0% | +0.7% |
| 1986 | — | — | — | — | -3.3% | -2.5% | -9.0% | -0.8% | -4.4% | +21.3% | -6.4% | -6.3% |
| Avg | +1.3% | +0.3% | +1.5% | +2.5% | +1.5% | +1.8% | +2.7% | -0.4% | -0.4% | +1.4% | +2.6% | +3.8% |
| Median | +3.1% | +0.4% | +1.7% | +2.2% | +2.4% | +3.1% | +3.2% | -1.1% | -2.4% | +1.2% | +2.6% | +2.4% |
| Last 5Y Avg | -1.5% | -5.1% | +0.1% | -3.7% | +2.7% | +1.0% | +5.2% | -0.6% | -5.7% | -0.3% | +6.6% | -2.1% |
| Std Dev (σ) | 10.9% | 8.6% | 9.9% | 10.4% | 6.4% | 6.5% | 8.0% | 7.4% | 8.7% | 12.0% | 9.1% | 9.7% |
| Consistency (μ/σ) | 0.12 | 0.04 | 0.16 | 0.24 | 0.23 | 0.27 | 0.33 | -0.06 | -0.04 | 0.12 | 0.29 | 0.39 |
| Win Rate (%) | 63% | 53% | 55% | 55% | 59% | 60% | 65% | 45% | 48% | 57% | 70% | 68% |
| Winning / Losing Months | ▲25▼15 | ▲21▼19 | ▲22▼18 | ▲22▼18 | ▲24▼17 | ▲24▼16 | ▲26▼14 | ▲18▼22 | ▲19▼21 | ▲23▼17 | ▲28▼12 | ▲27▼13 |
| Longest Win / Loss Streak | ▲4▼4 | ▲3▼3 | ▲4▼3 | ▲7▼4 | ▲5▼4 | ▲4▼2 | ▲7▼3 | ▲5▼5 | ▲5▼4 | ▲7▼4 | ▲8▼3 | ▲7▼2 |
| Best | +33.2%in January 1987 | +19.7%in February 1987 | +28.1%in March 2009 | +33.5%in April 2009 | +20.3%in May 2003 | +21.3%in June 1988 | +17.8%in July 1993 | +13.8%in August 1994 | +22.5%in September 1997 | +29.5%in October 1999 | +17.7%in November 2022 | +37.9%in December 1991 |
| Worst | -22.2%in January 2009 | -17.6%in February 2009 | -17.9%in March 1992 | -18.6%in April 2022 | -13.9%in May 2010 | -11.7%in June 1994 | -17.8%in July 2002 | -18.4%in August 1990 | -21.3%in September 2001 | -35.4%in October 1987 | -22.1%in November 2000 | -11.8%in December 2022 |
−35.4%+37.9%
2026
Jan+3.2%
Feb-10.5%
Mar-3.3%
Apr+14.1%
May+1.6%
Jun+3.9%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+3.4%
Feb-9.6%
Mar-11.9%
Apr-3.6%
May+5.7%
Jun+4.5%
Jul+5.1%
Aug+6.1%
Sep-3.5%
Oct-0.1%
Nov-0.1%
Dec+1.2%
2024
Jan+0.7%
Feb+4.5%
Mar+8.7%
Apr-10.1%
May+7.5%
Jun-1.1%
Jul-0.9%
Aug-7.2%
Sep+4.0%
Oct+0.9%
Nov+12.7%
Dec-7.7%
2023
Jan+6.8%
Feb-3.6%
Mar+1.7%
Apr-0.5%
May-4.6%
Jun+5.7%
Jul+10.0%
Aug-8.9%
Sep-5.5%
Oct-13.7%
Nov+10.6%
Dec+8.8%
2022
Jan-21.5%
Feb-6.4%
Mar+5.5%
Apr-18.6%
May+3.3%
Jun-9.6%
Jul+8.7%
Aug-2.8%
Sep-11.6%
Oct+1.1%
Nov+17.7%
Dec-11.8%
2021
Jan+3.4%
Feb+3.6%
Mar+6.5%
Apr+4.4%
May+6.8%
Jun+5.7%
Jul+3.1%
Aug+9.7%
Sep-11.7%
Oct+10.3%
Nov-7.8%
Dec-1.1%
2020
Jan+9.6%
Feb-11.6%
Mar-16.4%
Apr+18.4%
May+4.6%
Jun+2.9%
Jul+11.8%
Aug+0.8%
Sep-7.2%
Oct-1.2%
Nov+13.2%
Dec+6.2%
2019
Jan+1.2%
Feb+7.4%
Mar+0.5%
Apr+7.4%
May-5.9%
Jun+9.2%
Jul+3.4%
Aug-2.4%
Sep+3.9%
Oct+1.4%
Nov+6.7%
Dec-0.8%
2018
Jan+6.4%
Feb+0.2%
Mar-2.9%
Apr+5.4%
May+6.7%
Jun-3.9%
Jul+2.6%
Aug-2.7%
Sep-5.2%
Oct-11.2%
Nov+2.4%
Dec-6.4%
2017
Jan-10.4%
Feb+5.6%
Mar-3.5%
Apr+4.0%
May-0.6%
Jun+6.2%
Jul+11.5%
Aug+2.0%
Sep+8.2%
Oct+2.5%
Nov+10.8%
Dec+2.5%
2016
Jan-0.8%
Feb-2.6%
Mar+7.1%
Apr+2.5%
May+2.4%
Jun-4.6%
Jul-3.1%
Aug-1.6%
Sep-3.6%
Oct-3.7%
Nov+15.7%
Dec+2.4%
2015
Jan-8.3%
Feb+4.9%
Mar-1.3%
Apr+2.7%
May-0.6%
Jun-3.0%
Jul-0.8%
Aug-6.8%
Sep-2.6%
Oct+8.8%
Nov+0.7%
Dec-5.4%
2014
Jan-6.4%
Feb+3.5%
Mar+2.0%
Apr-0.3%
May-0.7%
Jun+4.1%
Jul-8.0%
Aug+4.3%
Sep-2.7%
Oct+4.7%
Nov+1.7%
Dec+3.4%
2013
Jan+9.7%
Feb-0.3%
Mar+5.7%
Apr-3.2%
May+4.7%
Jun-3.1%
Jul+2.8%
Aug-6.8%
Sep+3.1%
Oct+7.6%
Nov+3.9%
Dec+4.6%
2012
Jan+1.6%
Feb+6.5%
Mar+6.6%
Apr-3.3%
May-8.8%
Jun+9.9%
Jul-3.5%
Aug+1.1%
Sep+3.6%
Oct+2.5%
Nov-0.3%
Dec+2.3%
2011
Jan+2.1%
Feb+1.6%
Mar-0.4%
Apr-3.3%
May-1.5%
Jun-4.2%
Jul-5.9%
Aug-5.8%
Sep-10.1%
Oct+10.6%
Nov+7.4%
Dec+0.8%
2010
Jan-6.8%
Feb+2.2%
Mar+9.0%
Apr+4.7%
May-13.9%
Jun-9.9%
Jul+8.7%
Aug-9.2%
Sep+15.0%
Oct+10.4%
Nov+5.5%
Dec+11.1%
2009
Jan-22.2%
Feb-17.6%
Mar+28.1%
Apr+33.5%
May+5.3%
Jun+3.3%
Jul+12.1%
Aug-3.0%
Sep+1.4%
Oct+6.6%
Nov+0.4%
Dec+9.3%
2008
Jan-16.9%
Feb-0.1%
Mar-0.6%
Apr+17.1%
May-1.1%
Jun-2.1%
Jul+6.0%
Aug-0.8%
Sep-9.1%
Oct-26.4%
Nov-13.5%
Dec+4.4%
2007
Jan+9.6%
Feb-2.9%
Mar+1.7%
Apr+5.3%
May+3.3%
Jun+1.4%
Jul+0.5%
Aug-1.6%
Sep+8.9%
Oct+15.3%
Nov-4.3%
Dec-0.6%
2006
Jan+6.1%
Feb+0.5%
Mar+2.2%
Apr+7.6%
May-6.1%
Jun-4.2%
Jul+9.3%
Aug+6.6%
Sep+8.9%
Oct-1.1%
Nov-8.4%
Dec+1.4%
2005
Jan-3.7%
Feb+2.6%
Mar-3.0%
Apr-7.1%
May+8.2%
Jun+5.3%
Jul+6.0%
Aug-5.1%
Sep+4.0%
Oct+0.3%
Nov+9.9%
Dec+0.5%
2004
Jan+10.0%
Feb+0.8%
Mar+2.8%
Apr-4.8%
May-6.1%
Jun+5.1%
Jul-8.3%
Aug+7.2%
Sep+3.2%
Oct+9.5%
Nov+6.0%
Dec+5.6%
2003
Jan-2.0%
Feb-3.8%
Mar+6.0%
Apr+12.5%
May+20.3%
Jun+3.4%
Jul+7.3%
Aug+5.0%
Sep-2.6%
Oct-0.9%
Nov+2.7%
Dec+13.3%
2002
Jan+8.2%
Feb+5.9%
Mar-1.8%
Apr-9.8%
May+2.9%
Jun-8.5%
Jul-17.8%
Aug+4.7%
Sep-11.3%
Oct+13.2%
Nov+7.6%
Dec-9.7%
2001
Jan-7.7%
Feb-8.5%
Mar-11.8%
Apr+10.9%
May+5.6%
Jun+2.4%
Jul+1.5%
Aug-1.5%
Sep-21.3%
Oct-5.3%
Nov+14.2%
Dec+10.1%
2000
Jan+5.2%
Feb-15.3%
Mar+20.4%
Apr-3.5%
May+0.1%
Jun+11.8%
Jul-3.8%
Aug+10.6%
Sep+4.0%
Oct-0.3%
Nov-22.1%
Dec+16.2%
1999
Jan+6.8%
Feb-15.7%
Mar+11.8%
Apr+9.6%
May+2.5%
Jun-0.3%
Jul-8.8%
Aug-11.6%
Sep-11.1%
Oct+29.5%
Nov+1.4%
Dec+3.0%
1998
Jan+2.9%
Feb+2.5%
Mar+6.3%
Apr+7.4%
May-6.2%
Jun+6.4%
Jul-5.5%
Aug-14.2%
Sep-3.1%
Oct+20.9%
Nov+0.6%
Dec-3.9%
1997
Jan-5.2%
Feb+7.0%
Mar-15.7%
Apr+24.5%
May+6.6%
Jun+5.1%
Jul+5.0%
Aug+1.4%
Sep+22.5%
Oct-1.5%
Nov-1.9%
Dec-3.0%
1996
Jan+9.7%
Feb-0.3%
Mar-1.3%
Apr+5.1%
May+0.6%
Jun+10.0%
Jul-8.6%
Aug+3.3%
Sep+12.3%
Oct+4.9%
Nov+5.7%
Dec+20.9%
1995
Jan-8.1%
Feb+16.4%
Mar+14.1%
Apr+0.9%
May-0.9%
Jun+5.7%
Jul+14.8%
Aug+7.8%
Sep+8.3%
Oct-3.0%
Nov+6.6%
Dec-6.8%
1994
Jan+11.6%
Feb-3.3%
Mar-10.2%
Apr+1.9%
May+5.6%
Jun-11.7%
Jul+6.0%
Aug+13.8%
Sep+5.5%
Oct+2.1%
Nov-14.3%
Dec+3.0%
1993
Jan+7.9%
Feb-7.4%
Mar-1.6%
Apr-1.6%
May+6.6%
Jun-0.8%
Jul+17.8%
Aug+11.2%
Sep+2.4%
Oct-4.0%
Nov+1.8%
Dec-3.0%
1992
Jan+3.3%
Feb-2.4%
Mar-17.9%
Apr-6.4%
May+3.2%
Jun+5.5%
Jul+10.7%
Aug-7.9%
Sep-2.9%
Oct+2.9%
Nov+13.3%
Dec+5.9%
1991
Jan-11.3%
Feb+11.3%
Mar+21.0%
Apr-5.1%
May+2.4%
Jun+0.0%
Jul+15.1%
Aug+4.5%
Sep+3.4%
Oct+8.0%
Nov-10.9%
Dec+37.9%
1990
Jan-12.0%
Feb+8.7%
Mar+7.4%
Apr-18.2%
May+15.7%
Jun-3.4%
Jul-4.1%
Aug-18.4%
Sep-3.0%
Oct-20.3%
Nov+16.7%
Dec+27.0%
1989
Jan+11.1%
Feb+0.0%
Mar+4.7%
Apr+11.2%
May+0.0%
Jun+4.1%
Jul+6.3%
Aug+11.1%
Sep-2.1%
Oct-3.0%
Nov+1.9%
Dec+12.2%
1988
Jan+22.5%
Feb+19.4%
Mar-5.5%
Apr-3.6%
May+0.0%
Jun+21.3%
Jul+3.0%
Aug-2.9%
Sep+10.4%
Oct-8.2%
Nov+3.0%
Dec+4.5%
1987
Jan+33.2%
Feb+19.7%
Mar-9.0%
Apr-6.5%
May-10.1%
Jun+3.7%
Jul+5.8%
Aug-5.5%
Sep-13.1%
Oct-35.4%
Nov-7.0%
Dec+0.7%
1986
Jan—
Feb—
Mar—
Apr—
May-3.3%
Jun-2.5%
Jul-9.0%
Aug-0.8%
Sep-4.4%
Oct+21.3%
Nov-6.4%
Dec-6.3%
Avg
Jan+1.3%
Feb+0.3%
Mar+1.5%
Apr+2.5%
May+1.5%
Jun+1.8%
Jul+2.7%
Aug-0.4%
Sep-0.4%
Oct+1.4%
Nov+2.6%
Dec+3.8%
Median
Jan+3.1%
Feb+0.4%
Mar+1.7%
Apr+2.2%
May+2.4%
Jun+3.1%
Jul+3.2%
Aug-1.1%
Sep-2.4%
Oct+1.2%
Nov+2.6%
Dec+2.4%
Last 5Y Avg
Jan-1.5%
Feb-5.1%
Mar+0.1%
Apr-3.7%
May+2.7%
Jun+1.0%
Jul+5.2%
Aug-0.6%
Sep-5.7%
Oct-0.3%
Nov+6.6%
Dec-2.1%
Std Dev (σ)
Jan10.9%
Feb8.6%
Mar9.9%
Apr10.4%
May6.4%
Jun6.5%
Jul8.0%
Aug7.4%
Sep8.7%
Oct12.0%
Nov9.1%
Dec9.7%
Consistency (μ/σ)
Jan0.12
Feb0.04
Mar0.16
Apr0.24
May0.23
Jun0.27
Jul0.33
Aug-0.06
Sep-0.04
Oct0.12
Nov0.29
Dec0.39
Win Rate (%)
Jan63%
Feb53%
Mar55%
Apr55%
May59%
Jun60%
Jul65%
Aug45%
Sep48%
Oct57%
Nov70%
Dec68%
Winning / Losing Months
Jan▲25▼15
Feb▲21▼19
Mar▲22▼18
Apr▲22▼18
May▲24▼17
Jun▲24▼16
Jul▲26▼14
Aug▲18▼22
Sep▲19▼21
Oct▲23▼17
Nov▲28▼12
Dec▲27▼13
Longest Win / Loss Streak
Jan▲4▼4
Feb▲3▼3
Mar▲4▼3
Apr▲7▼4
May▲5▼4
Jun▲4▼2
Jul▲7▼3
Aug▲5▼5
Sep▲5▼4
Oct▲7▼4
Nov▲8▼3
Dec▲7▼2
Best
Jan+33.2%1987
Feb+19.7%1987
Mar+28.1%2009
Apr+33.5%2009
May+20.3%2003
Jun+21.3%1988
Jul+17.8%1993
Aug+13.8%1994
Sep+22.5%1997
Oct+29.5%1999
Nov+17.7%2022
Dec+37.9%1991
Worst
Jan-22.2%2009
Feb-17.6%2009
Mar-17.9%1992
Apr-18.6%2022
May-13.9%2010
Jun-11.7%1994
Jul-17.8%2002
Aug-18.4%1990
Sep-21.3%2001
Oct-35.4%1987
Nov-22.1%2000
Dec-11.8%2022
−35.4%+37.9%
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Income Statement
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