v3.26.3
Label Element Value
T. Rowe Price U.S. Equity Research Fund  
Risk/Return: oef_RiskReturnAbstract  
Supplement to Prospectus [Text Block] oef_SupplementToProspectusTextBlock
Supplement to Prospectus and Summary Prospectus dated March 1, 2026

Effective November 1, 2026, the total expense ratio limitation applicable to the fund’s Investor Class will be reduced from 0.68% to 0.44%. Accordingly, the fee table and expense example in the Summary Prospectus and Section 1 of the Prospectus are revised as follows:

Expense Heading [Optional Text] oef_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] oef_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the fund. The fees and expenses below are annualized based on the fees and expenses for the six-month period ended June 30, 2026. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table or example below.

Shareholder Fees Caption [Optional Text] oef_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Optional Text] oef_OperatingExpensesCaption Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Expense Example [Heading] oef_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] oef_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund

for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. The example also assumes that any current expense limitation arrangement remains in place for the period noted in the previous table; therefore, the figures have been adjusted to reflect fee waivers or expense reimbursements only in the periods for which the expense limitation arrangement is expected to continue. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

T. Rowe Price U.S. Equity Research Fund | Investor Class  
Risk/Return: oef_RiskReturnAbstract  
Maximum Account Fee oef_MaximumAccountFee $ 20 [1]
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.00%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.13%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 0.45%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets (0.01%) [2]
Net Expenses (as a percentage of Assets) oef_NetExpensesOverAssets 0.44% [2]
Fee Waiver or Reimbursement over Assets, Date of Termination oef_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 29, 2028
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 45
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 143
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 251
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 566
T. Rowe Price U.S. Equity Research Fund | I Class  
Risk/Return: oef_RiskReturnAbstract  
Maximum Account Fee oef_MaximumAccountFee $ 0
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.00%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.02%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 0.34%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets 0.00%
Net Expenses (as a percentage of Assets) oef_NetExpensesOverAssets 0.34%
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 35
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 109
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 191
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 431
T. Rowe Price U.S. Equity Research Fund | Advisor Class  
Risk/Return: oef_RiskReturnAbstract  
Maximum Account Fee oef_MaximumAccountFee $ 0
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.25%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 0.82%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets 0.00%
Net Expenses (as a percentage of Assets) oef_NetExpensesOverAssets 0.82%
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 84
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 262
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 455
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 1,014
T. Rowe Price U.S. Equity Research Fund | R Class  
Risk/Return: oef_RiskReturnAbstract  
Maximum Account Fee oef_MaximumAccountFee $ 0
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.33%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 1.15%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets 0.00%
Net Expenses (as a percentage of Assets) oef_NetExpensesOverAssets 1.15%
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 117
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 365
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 633
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 1,398
T. Rowe Price U.S. Equity Research Fund | Z Class  
Risk/Return: oef_RiskReturnAbstract  
Maximum Account Fee oef_MaximumAccountFee $ 0
Management Fees (as a percentage of Assets) oef_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees oef_DistributionAndService12b1FeesOverAssets 0.00%
Other Expenses (as a percentage of Assets): oef_OtherExpensesOverAssets 0.58%
Expenses (as a percentage of Assets) oef_ExpensesOverAssets 0.90%
Fee Waiver or Reimbursement oef_FeeWaiverOrReimbursementOverAssets (0.90%) [3]
Net Expenses (as a percentage of Assets) oef_NetExpensesOverAssets 0.00% [3]
Expense Example, with Redemption, 1 Year oef_ExpenseExampleYear01 $ 0
Expense Example, with Redemption, 3 Years oef_ExpenseExampleYear03 0
Expense Example, with Redemption, 5 Years oef_ExpenseExampleYear05 0
Expense Example, with Redemption, 10 Years oef_ExpenseExampleYear10 $ 0
[1]

Subject to certain exceptions and account minimums, accounts are charged an annual $20 fee.

[2]

T. Rowe Price Associates, Inc., has contractually agreed (through February 29, 2028) to waive its fees and/or bear any expenses (excluding interest; expenses related to borrowings, taxes, and brokerage; nonrecurring, extraordinary expenses; and acquired fund fees and expenses) that would cause the class’ ratio of expenses to average daily net assets to exceed 0.44%. The agreement may only be terminated at any time after February 29, 2028, with approval by the fund’s Board of Directors. Fees waived and expenses paid under this agreement (and any applicable prior limitations) are subject to reimbursement to T. Rowe Price Associates, Inc., by the class whenever the class’ expense ratio is below 0.44%. However, the class will not reimburse T. Rowe Price Associates, Inc., more than three years from the date such amounts were initially waived or paid. The class may only reimburse T. Rowe Price Associates, Inc., if the reimbursement does not cause the class’ expense ratio (after the reimbursement is taken into account) to exceed the class’ current expense limitation (or the expense limitation in place at the time the amounts were waived or paid).

[3]

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.