v3.25.4
Annual Fund Operating Expenses
Feb. 25, 2026
T. Rowe Price Equity Income Fund - Investor Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.53%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.16%
Expenses (as a percentage of Assets) 0.69%
Fee Waiver or Reimbursement 0.00%
Net Expenses (as a percentage of Assets) 0.69%
T. Rowe Price Equity Income Fund - I Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.53%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.03%
Expenses (as a percentage of Assets) 0.56%
Fee Waiver or Reimbursement 0.00%
Net Expenses (as a percentage of Assets) 0.56%
T. Rowe Price Equity Income Fund - Advisor Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.53%
Distribution and Service (12b-1) Fees 0.25%
Other Expenses (as a percentage of Assets): 0.24%
Expenses (as a percentage of Assets) 1.02%
Fee Waiver or Reimbursement 0.00%
Net Expenses (as a percentage of Assets) 1.02%
T. Rowe Price Equity Income Fund - R Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.53%
Distribution and Service (12b-1) Fees 0.50% [1]
Other Expenses (as a percentage of Assets): 0.22%
Expenses (as a percentage of Assets) 1.25%
Fee Waiver or Reimbursement 0.00%
Net Expenses (as a percentage of Assets) 1.25%
T. Rowe Price Equity Income Fund - Z Class  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.53%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.01%
Expenses (as a percentage of Assets) 0.54%
Fee Waiver or Reimbursement (0.54%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1] Restated to show maximum 12b-1 fee rate of 0.50%. Actual rate for the prior fiscal year was 0.47%
[2] T. Rowe Price Associates, Inc., has contractually agreed to waive and/or bear all the Z Class’ expenses (excluding interest; expenses related to borrowings, taxes, and brokerage; nonrecurring, extraordinary expenses; and acquired fund fees and expenses) in their entirety. T. Rowe Price Associates, Inc., expects this fee waiver and/or expense reimbursement arrangement to remain in place indefinitely, and the agreement may only be amended or terminated with approval by the fund’s Board of Directors.