<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:2edc149b-c2ce-4443-af4b-02f2892ac69f,g:fb3cd17e-fe57-49eb-b6e1-a806df392d18-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDBALANCESHEETS" xlink:type="simple" xlink:href="trow-20220930.xsd#UNAUDITEDCONDENSEDCONSOLIDATEDBALANCESHEETS"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDBALANCESHEETS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_922085b4-1668-4b11-b5f9-afb7987ddd10" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_7ef0618f-7152-47ea-989d-67f631c1f408" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquity"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_922085b4-1668-4b11-b5f9-afb7987ddd10" xlink:to="loc_us-gaap_StockholdersEquity_7ef0618f-7152-47ea-989d-67f631c1f408" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_bd42a8ca-211b-448e-8d6a-7b441ea4fb14" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_MinorityInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_922085b4-1668-4b11-b5f9-afb7987ddd10" xlink:to="loc_us-gaap_MinorityInterest_bd42a8ca-211b-448e-8d6a-7b441ea4fb14" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockValue_cd6d3410-6071-495c-83d0-f37086b3637d" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PreferredStockValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:to="loc_us-gaap_PreferredStockValue_cd6d3410-6071-495c-83d0-f37086b3637d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValue_95f36b0e-0a8a-420a-adc1-a5d242ca4386" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommonStockValue"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:to="loc_us-gaap_CommonStockValue_95f36b0e-0a8a-420a-adc1-a5d242ca4386" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_a80b94ac-bd3b-4e04-9b6a-e9ac9f8651a8" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AdditionalPaidInCapitalCommonStock"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_a80b94ac-bd3b-4e04-9b6a-e9ac9f8651a8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsUnappropriated_6afe5198-fa93-4903-a001-130b0d8f67c4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RetainedEarningsUnappropriated"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:to="loc_us-gaap_RetainedEarningsUnappropriated_6afe5198-fa93-4903-a001-130b0d8f67c4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_a96b15bf-462c-4cbb-888c-ef699f1ab5ec" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_151b2208-53e3-4324-82a5-ae5724c1358b" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_a96b15bf-462c-4cbb-888c-ef699f1ab5ec" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_838a52d8-c690-41b7-a384-63a8e2d9babc" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_7c189293-9cfa-4b2b-8661-7269e75ac37a" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_838a52d8-c690-41b7-a384-63a8e2d9babc" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_7c189293-9cfa-4b2b-8661-7269e75ac37a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_a85a5d7b-38b3-41ae-9bcb-a1c3111496f4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_838a52d8-c690-41b7-a384-63a8e2d9babc" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_a85a5d7b-38b3-41ae-9bcb-a1c3111496f4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_a5ab2c51-6fc9-46ca-b03c-09e03c057b50" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_838a52d8-c690-41b7-a384-63a8e2d9babc" xlink:to="loc_us-gaap_CommitmentsAndContingencies_a5ab2c51-6fc9-46ca-b03c-09e03c057b50" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_f2b7805d-7cca-4d6f-bed6-5c60c874b0e8" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_838a52d8-c690-41b7-a384-63a8e2d9babc" xlink:to="loc_us-gaap_Liabilities_f2b7805d-7cca-4d6f-bed6-5c60c874b0e8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_51a96749-b768-4ee0-8912-e3dd0d12eb20" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_51a96749-b768-4ee0-8912-e3dd0d12eb20" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities_0e39f4bc-2508-4d42-b965-bb5abe4180f7" xlink:href="trow-20220930.xsd#trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities_0e39f4bc-2508-4d42-b965-bb5abe4180f7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_36a3b922-ad49-4fe2-bfb7-dd836ca67059" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_BusinessCombinationContingentConsiderationLiability"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_BusinessCombinationContingentConsiderationLiability_36a3b922-ad49-4fe2-bfb7-dd836ca67059" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_889b0057-ca35-45b9-934f-5b676c280921" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccountsPayableAndOtherAccruedLiabilities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_889b0057-ca35-45b9-934f-5b676c280921" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_a579fab3-6a34-4349-9d55-37989381811b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_OperatingLeaseLiability_a579fab3-6a34-4349-9d55-37989381811b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccruedIncomeTaxes_dd342d2e-d997-437e-82b6-82161e8d550c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccruedIncomeTaxes"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_AccruedIncomeTaxes_dd342d2e-d997-437e-82b6-82161e8d550c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_ccc1b444-a4a0-4a73-ac9b-1cb83c6143de" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_24483242-ea1b-420a-880e-777820a179e4" xlink:to="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_ccc1b444-a4a0-4a73-ac9b-1cb83c6143de" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Assets"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Goodwill_d1c3af81-7c47-4d28-bdd2-00ffa8636509" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Goodwill"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_Goodwill_d1c3af81-7c47-4d28-bdd2-00ffa8636509" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsReceivableNet_24705b55-57e5-4fde-80a1-54109ce9335c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AccountsReceivableNet"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_AccountsReceivableNet_24705b55-57e5-4fde-80a1-54109ce9335c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_efe0f746-1c7f-48f7-9f8d-779ab078da9f" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_efe0f746-1c7f-48f7-9f8d-779ab078da9f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities_c570f8fb-1836-4a16-a884-05377bdf7386" xlink:href="trow-20220930.xsd#trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities_c570f8fb-1836-4a16-a884-05377bdf7386" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssets_235a69dd-66dc-4c4f-9b13-8421e564664d" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherAssets"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_OtherAssets_235a69dd-66dc-4c4f-9b13-8421e564664d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_9e8bfc33-17da-432f-bbce-18f6cc77e1f1" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PropertyPlantAndEquipmentNet"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_9e8bfc33-17da-432f-bbce-18f6cc77e1f1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Investments_58940957-fdea-43ed-8259-a263c23feb1f" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Investments"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_Investments_58940957-fdea-43ed-8259-a263c23feb1f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_714ffbd0-2475-4620-8507-90207f8f7b65" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_714ffbd0-2475-4620-8507-90207f8f7b65" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_b435a251-a226-4d03-84a0-5ea66e46cd60" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_6b113d0a-8a81-4aa3-91b2-73daddcf7ab2" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_b435a251-a226-4d03-84a0-5ea66e46cd60" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFINCOME" xlink:type="simple" xlink:href="trow-20220930.xsd#UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFINCOME"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFINCOME" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingExpenses"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LaborAndRelatedExpense_3e2d3481-080f-434a-8d49-39b68f0893eb" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_LaborAndRelatedExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_us-gaap_LaborAndRelatedExpense_3e2d3481-080f-434a-8d49-39b68f0893eb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_DistributionExpenses_2ac401c1-0cf6-4f52-be1d-d028f0558b9f" xlink:href="trow-20220930.xsd#trow_DistributionExpenses"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_trow_DistributionExpenses_2ac401c1-0cf6-4f52-be1d-d028f0558b9f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MarketingAndAdvertisingExpense_0bd5e01a-1d65-421b-81ac-f6b0dcdb45e4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_MarketingAndAdvertisingExpense"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_us-gaap_MarketingAndAdvertisingExpense_0bd5e01a-1d65-421b-81ac-f6b0dcdb45e4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_ProductRelatedAndClientServicingExpenses_654078db-864c-4206-965e-9df791da4a9d" xlink:href="trow-20220930.xsd#trow_ProductRelatedAndClientServicingExpenses"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_trow_ProductRelatedAndClientServicingExpenses_654078db-864c-4206-965e-9df791da4a9d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_TechnologyDepreciationOccupancyAndFacilityExpenses_6871b83d-57fb-49df-abbb-0b03b5269990" xlink:href="trow-20220930.xsd#trow_TechnologyDepreciationOccupancyAndFacilityExpenses"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_trow_TechnologyDepreciationOccupancyAndFacilityExpenses_6871b83d-57fb-49df-abbb-0b03b5269990" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherGeneralAndAdministrativeExpense_4c3c6533-724a-4a2a-acec-91372885bdd2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherGeneralAndAdministrativeExpense"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_f7d12af5-4b4e-4a7e-93eb-35949f739a31" xlink:to="loc_us-gaap_OtherGeneralAndAdministrativeExpense_4c3c6533-724a-4a2a-acec-91372885bdd2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_d5d2532a-49f4-4e0d-a600-4b21fb6cd7bb" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_fa0b877c-9518-42bd-9ab4-53e01e81c326" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_d5d2532a-49f4-4e0d-a600-4b21fb6cd7bb" xlink:to="loc_us-gaap_ProfitLoss_fa0b877c-9518-42bd-9ab4-53e01e81c326" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_fa93301c-32cb-4b85-815a-ca20c790b855" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_d5d2532a-49f4-4e0d-a600-4b21fb6cd7bb" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_fa93301c-32cb-4b85-815a-ca20c790b855" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_35770e1a-815a-4f6b-836a-dd5c22830bc4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_ca93726d-5eb9-412d-a7b3-416764187f9c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingExpenses"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_35770e1a-815a-4f6b-836a-dd5c22830bc4" xlink:to="loc_us-gaap_OperatingExpenses_ca93726d-5eb9-412d-a7b3-416764187f9c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_dcb5d5c7-18c8-4b65-8caf-ede364a19649" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_35770e1a-815a-4f6b-836a-dd5c22830bc4" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_dcb5d5c7-18c8-4b65-8caf-ede364a19649" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_d0ef84cc-3867-46d7-ae6e-9309d159cf37" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_d9494256-26c2-4493-8837-dce1e664787d" xlink:href="trow-20220930.xsd#trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_d0ef84cc-3867-46d7-ae6e-9309d159cf37" xlink:to="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_d9494256-26c2-4493-8837-dce1e664787d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_dd9d29b1-9c1a-4cc1-9402-9db2763a5ea1" xlink:href="trow-20220930.xsd#trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_d0ef84cc-3867-46d7-ae6e-9309d159cf37" xlink:to="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_dd9d29b1-9c1a-4cc1-9402-9db2763a5ea1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_d94039bb-9cee-4aa5-be7b-b1b77b2def38" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherNonoperatingIncomeExpense"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_d0ef84cc-3867-46d7-ae6e-9309d159cf37" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_d94039bb-9cee-4aa5-be7b-b1b77b2def38" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_6a7d6e44-a4a3-48ce-bb2c-3cc683734f9b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_9094cc69-bc68-4ba6-92bf-982c1aa3b765" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_6a7d6e44-a4a3-48ce-bb2c-3cc683734f9b" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_9094cc69-bc68-4ba6-92bf-982c1aa3b765" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_9cbfefbb-e2cf-40fb-8d6b-8f6281202077" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_6a7d6e44-a4a3-48ce-bb2c-3cc683734f9b" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_9cbfefbb-e2cf-40fb-8d6b-8f6281202077" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3d5ee04d-b92f-4dc6-ba72-c7434e4097e4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_1e5fefce-4367-429a-bf33-5a9fce8d1eb1" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3d5ee04d-b92f-4dc6-ba72-c7434e4097e4" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_1e5fefce-4367-429a-bf33-5a9fce8d1eb1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_2c493e57-01aa-4ce2-99da-65ef9d816a3d" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3d5ee04d-b92f-4dc6-ba72-c7434e4097e4" xlink:to="loc_us-gaap_OperatingIncomeLoss_2c493e57-01aa-4ce2-99da-65ef9d816a3d" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOME" xlink:type="simple" xlink:href="trow-20220930.xsd#UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOME"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOME" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_722c2912-db2c-44c7-ba2b-a3da96c30190" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_6c0428ef-de7a-47d5-92fe-a4ae82160408" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_722c2912-db2c-44c7-ba2b-a3da96c30190" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_6c0428ef-de7a-47d5-92fe-a4ae82160408" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_4176736f-dcc9-432f-9fe5-c220b1e37e3b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_722c2912-db2c-44c7-ba2b-a3da96c30190" xlink:to="loc_us-gaap_ProfitLoss_4176736f-dcc9-432f-9fe5-c220b1e37e3b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_a546ebf5-9a20-4319-93dd-9e3e65fb187b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_aca7c490-6ce2-4eb6-a021-bc9d81779cfe" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_a546ebf5-9a20-4319-93dd-9e3e65fb187b" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_aca7c490-6ce2-4eb6-a021-bc9d81779cfe" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_dc1f3a34-027d-4d8d-86c9-21353a3e330e" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_a546ebf5-9a20-4319-93dd-9e3e65fb187b" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_dc1f3a34-027d-4d8d-86c9-21353a3e330e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_b5a341ff-f086-4235-97af-6640c7bac59b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_76348977-2e42-4932-a155-828ef54e48ae" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_b5a341ff-f086-4235-97af-6640c7bac59b" xlink:to="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_76348977-2e42-4932-a155-828ef54e48ae" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_610b2d1a-4143-4cd1-b309-485e31f50e2a" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_b5a341ff-f086-4235-97af-6640c7bac59b" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_610b2d1a-4143-4cd1-b309-485e31f50e2a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_d831c615-1375-4ba3-a795-3f2c4590530e" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_30b4ceee-fc82-465c-aaa0-795bb3f69e8c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_d831c615-1375-4ba3-a795-3f2c4590530e" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_30b4ceee-fc82-465c-aaa0-795bb3f69e8c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTax_556632eb-5548-49ce-8c7e-9481b0bd8054" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossTax"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_d831c615-1375-4ba3-a795-3f2c4590530e" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossTax_556632eb-5548-49ce-8c7e-9481b0bd8054" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCASHFLOWS" xlink:type="simple" xlink:href="trow-20220930.xsd#UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCASHFLOWS"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFCASHFLOWS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_dc06ce84-c8b7-4210-a7c0-fd1dad481d78" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PaymentsToAcquireInvestments"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:to="loc_us-gaap_PaymentsToAcquireInvestments_dc06ce84-c8b7-4210-a7c0-fd1dad481d78" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_d3c89bb9-9179-454c-a943-9df2e39d6033" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:to="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_d3c89bb9-9179-454c-a943-9df2e39d6033" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_38fe1d83-eba9-4c3c-a5cd-3f230342b604" xlink:href="trow-20220930.xsd#trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:to="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_38fe1d83-eba9-4c3c-a5cd-3f230342b604" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60e3b35d-fb2c-409c-8290-58feb547fc4c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_60e3b35d-fb2c-409c-8290-58feb547fc4c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2ba724ba-3179-488a-89d4-3932bb575902" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_868b9e8b-7659-4f0d-88d4-7745167c6366" xlink:to="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_2ba724ba-3179-488a-89d4-3932bb575902" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_022972b9-37e1-4b6c-8d86-4fb60161efd0" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_DepreciationDepletionAndAmortization"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_022972b9-37e1-4b6c-8d86-4fb60161efd0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_0dddbe37-c2e2-4f48-937e-288da70fb461" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ShareBasedCompensation"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_ShareBasedCompensation_0dddbe37-c2e2-4f48-937e-288da70fb461" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_90eae3f8-2226-43ac-b288-88cf9573a4c8" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_90eae3f8-2226-43ac-b288-88cf9573a4c8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_ed9c42ee-42eb-4952-abb7-627edde9f3d3" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_ProfitLoss_ed9c42ee-42eb-4952-abb7-627edde9f3d3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_2c42b483-0e51-4eb9-8086-720fa9698bdb" xlink:href="trow-20220930.xsd#trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_2c42b483-0e51-4eb9-8086-720fa9698bdb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements_8af8d2f7-96ad-4691-8b90-32be28fc3106" xlink:href="trow-20220930.xsd#trow_AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_trow_AmortizationOfAcquisitionRelatedAssetsAndRetentionArrangements_8af8d2f7-96ad-4691-8b90-32be28fc3106" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_108058e9-5bf1-46d1-a8b9-d52366688197" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ProceedsFromPaymentsForTradingSecurities"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_108058e9-5bf1-46d1-a8b9-d52366688197" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1_b4d6f4ca-9239-48dc-b792-5746f6ac61f0" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1_b4d6f4ca-9239-48dc-b792-5746f6ac61f0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_NetGainsLossesRecognizedOnInvestments_04925e4b-d584-4b29-a336-728354c1aae7" xlink:href="trow-20220930.xsd#trow_NetGainsLossesRecognizedOnInvestments"/>
    <link:calculationArc order="9" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9606bac2-8749-472e-b56e-aff93eed73e3" xlink:to="loc_trow_NetGainsLossesRecognizedOnInvestments_04925e4b-d584-4b29-a336-728354c1aae7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities_f20a6ff4-7472-4754-83e8-6668534b2a22" xlink:href="trow-20220930.xsd#trow_NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:to="loc_trow_NetContributionsFromDistributionsToNonControllingInterestsInConsolidatedEntities_f20a6ff4-7472-4754-83e8-6668534b2a22" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividends_d27baf6b-f906-492f-baa5-9cab9dc901ba" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PaymentsOfDividends"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:to="loc_us-gaap_PaymentsOfDividends_d27baf6b-f906-492f-baa5-9cab9dc901ba" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders_3729b7d9-7527-4f2d-84b9-e70f138902b9" xlink:href="trow-20220930.xsd#trow_NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:to="loc_trow_NetSubscriptionsRedemptionsReceivedFromRedeemableNonControllingInterestHolders_3729b7d9-7527-4f2d-84b9-e70f138902b9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_cb374189-c2d4-4322-9429-1ce6a0539447" xlink:href="trow-20220930.xsd#trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:to="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_cb374189-c2d4-4322-9429-1ce6a0539447" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_276b1632-d2cb-42d9-8f19-2d2480217295" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_b20e0505-3fbc-421c-b256-c11194097d2c" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_276b1632-d2cb-42d9-8f19-2d2480217295" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_f90d74b6-d604-4618-8082-3a113f00dd24" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_5dd60281-618c-41cb-aa62-99d3504f1ba2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_f90d74b6-d604-4618-8082-3a113f00dd24" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_5dd60281-618c-41cb-aa62-99d3504f1ba2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5f4c2e1d-2c6b-4f84-be4d-2743c015a3f4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_f90d74b6-d604-4618-8082-3a113f00dd24" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_5f4c2e1d-2c6b-4f84-be4d-2743c015a3f4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_089df01e-d796-4d65-ba4f-3f76a4e5c0cc" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_f90d74b6-d604-4618-8082-3a113f00dd24" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_089df01e-d796-4d65-ba4f-3f76a4e5c0cc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_f4b4a4c1-207e-49ad-8027-20e31f6cdf48" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_f90d74b6-d604-4618-8082-3a113f00dd24" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_f4b4a4c1-207e-49ad-8027-20e31f6cdf48" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/INVESTMENTSCarryingValueofInvestmentsDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#INVESTMENTSCarryingValueofInvestmentsDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/INVESTMENTSCarryingValueofInvestmentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Investments_771d9322-ddf9-4d26-9c5b-2a06dd4915b2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Investments"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecurities_3d0b5dd5-7821-47d7-9250-f0a55af8e675" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_HeldToMaturitySecurities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_771d9322-ddf9-4d26-9c5b-2a06dd4915b2" xlink:to="loc_us-gaap_HeldToMaturitySecurities_3d0b5dd5-7821-47d7-9250-f0a55af8e675" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvestments_24307829-c719-427f-bac7-b30e3d151eba" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquityMethodInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_771d9322-ddf9-4d26-9c5b-2a06dd4915b2" xlink:to="loc_us-gaap_EquityMethodInvestments_24307829-c719-427f-bac7-b30e3d151eba" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquitySecuritiesFvNi_64d49c00-478b-45e1-9ca3-fbab676b2914" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquitySecuritiesFvNi"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_771d9322-ddf9-4d26-9c5b-2a06dd4915b2" xlink:to="loc_us-gaap_EquitySecuritiesFvNi_64d49c00-478b-45e1-9ca3-fbab676b2914" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/INVESTMENTSVariableInterestEntitiesDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#INVESTMENTSVariableInterestEntitiesDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/INVESTMENTSVariableInterestEntitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_72dc783b-b7df-4920-9b14-2965bd2b6af4" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_53675c4c-aa6a-41dd-8e99-2506a98f2bbc" xlink:href="trow-20220930.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_72dc783b-b7df-4920-9b14-2965bd2b6af4" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_53675c4c-aa6a-41dd-8e99-2506a98f2bbc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_5bc6dcf4-0a5a-42a6-8831-c31dbf9385ec" xlink:href="trow-20220930.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_72dc783b-b7df-4920-9b14-2965bd2b6af4" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_5bc6dcf4-0a5a-42a6-8831-c31dbf9385ec" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivable_b9c98f4a-8b82-458d-8573-e796d37c7ae9" xlink:href="trow-20220930.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivable"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_72dc783b-b7df-4920-9b14-2965bd2b6af4" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureAccountsReceivable_b9c98f4a-8b82-458d-8573-e796d37c7ae9" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#FAIRVALUEMEASUREMENTSDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/FAIRVALUEMEASUREMENTSDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_365f4b88-f571-4d3c-b7a6-422319229914" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquitySecuritiesFvNi_058f5dea-b7dd-43e4-9da7-6879b112d4fe" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquitySecuritiesFvNi"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_365f4b88-f571-4d3c-b7a6-422319229914" xlink:to="loc_us-gaap_EquitySecuritiesFvNi_058f5dea-b7dd-43e4-9da7-6879b112d4fe" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_59ba9915-9f7a-443f-ad86-24f3c1f6230b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_365f4b88-f571-4d3c-b7a6-422319229914" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_59ba9915-9f7a-443f-ad86-24f3c1f6230b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherInvestments_1533386b-d73e-4679-9dc3-e81e26afc93a" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherInvestments"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_365f4b88-f571-4d3c-b7a6-422319229914" xlink:to="loc_us-gaap_OtherInvestments_1533386b-d73e-4679-9dc3-e81e26afc93a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_e8a4530e-b8c8-4fbe-a353-3fb36576bad2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_365f4b88-f571-4d3c-b7a6-422319229914" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure_e8a4530e-b8c8-4fbe-a353-3fb36576bad2" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESNetAssetsDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESNetAssetsDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESNetAssetsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsNet_dff5c590-2930-43f7-a6cc-309e7319e46a" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_2e344523-25fc-4cce-9bc8-a08d725f36fc" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Assets"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_dff5c590-2930-43f7-a6cc-309e7319e46a" xlink:to="loc_us-gaap_Assets_2e344523-25fc-4cce-9bc8-a08d725f36fc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_bb28856e-ee9a-4c0a-8875-6685bd1fd129" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_dff5c590-2930-43f7-a6cc-309e7319e46a" xlink:to="loc_us-gaap_Liabilities_bb28856e-ee9a-4c0a-8875-6685bd1fd129" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributableToParent_f1a0e27f-d0d8-4248-b087-27f386935356" xlink:href="trow-20220930.xsd#trow_InvestmentSponsoredInvestmentPortfoliosAttributableToParent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_b942344c-73d1-4586-b6b9-cc75f738d082" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributableToParent_f1a0e27f-d0d8-4248-b087-27f386935356" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_b942344c-73d1-4586-b6b9-cc75f738d082" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsNet_a6e5ecf1-04e0-4352-90e8-59ee2cdf48c2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsNet"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributableToParent_f1a0e27f-d0d8-4248-b087-27f386935356" xlink:to="loc_us-gaap_AssetsNet_a6e5ecf1-04e0-4352-90e8-59ee2cdf48c2" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESOperatingResultsDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESOperatingResultsDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESOperatingResultsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_trow_IncomeLossFromContinuingOperationsBeforeIncomeTaxesAttributableToParent_cfbaed49-4549-4b08-86bd-77393873bcdd" xlink:href="trow-20220930.xsd#trow_IncomeLossFromContinuingOperationsBeforeIncomeTaxesAttributableToParent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_3e8e33f6-3348-4b7e-8c70-69f426911aa6" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_IncomeLossFromContinuingOperationsBeforeIncomeTaxesAttributableToParent_cfbaed49-4549-4b08-86bd-77393873bcdd" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_3e8e33f6-3348-4b7e-8c70-69f426911aa6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_247793a5-7257-4d92-9a43-79231dd50f21" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_IncomeLossFromContinuingOperationsBeforeIncomeTaxesAttributableToParent_cfbaed49-4549-4b08-86bd-77393873bcdd" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_247793a5-7257-4d92-9a43-79231dd50f21" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_39493dd1-3621-4006-a0cd-eeb1a7b326f5" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentIncomeNet_a4d9e871-467c-4e48-9f0d-8271bed8176c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_InvestmentIncomeNet"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_39493dd1-3621-4006-a0cd-eeb1a7b326f5" xlink:to="loc_us-gaap_InvestmentIncomeNet_a4d9e871-467c-4e48-9f0d-8271bed8176c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_92670d94-e384-40d6-8cef-68aa237fe92a" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OperatingExpenses"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_39493dd1-3621-4006-a0cd-eeb1a7b326f5" xlink:to="loc_us-gaap_OperatingExpenses_92670d94-e384-40d6-8cef-68aa237fe92a" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESFairValueMeasurementsDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESFairValueMeasurementsDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CONSOLIDATEDTROWEPRICEINVESTMENTPRODUCTSANDOTHERENTITIESFairValueMeasurementsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_83a9a8ad-c7df-4d5a-ae8d-d67fdf537382" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AssetsFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_1f46a95a-7edb-4c03-bd7f-9e67b3bcda2d" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_83a9a8ad-c7df-4d5a-ae8d-d67fdf537382" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_1f46a95a-7edb-4c03-bd7f-9e67b3bcda2d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherInvestments_652edeb5-ddbf-42f0-b987-d45298f867fd" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherInvestments"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_83a9a8ad-c7df-4d5a-ae8d-d67fdf537382" xlink:to="loc_us-gaap_OtherInvestments_652edeb5-ddbf-42f0-b987-d45298f867fd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquitySecuritiesFvNi_c448b65d-5090-467e-b7db-899d08396157" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EquitySecuritiesFvNi"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_83a9a8ad-c7df-4d5a-ae8d-d67fdf537382" xlink:to="loc_us-gaap_EquitySecuritiesFvNi_c448b65d-5090-467e-b7db-899d08396157" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_f6d4a56a-d9a2-46a0-b2b9-ebf88a167ffc" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_83a9a8ad-c7df-4d5a-ae8d-d67fdf537382" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_f6d4a56a-d9a2-46a0-b2b9-ebf88a167ffc" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONFutureStockBasedCompensationExpenseDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#STOCKBASEDCOMPENSATIONFutureStockBasedCompensationExpenseDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/STOCKBASEDCOMPENSATIONFutureStockBasedCompensationExpenseDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_f5f72212-d580-443a-871d-2b67bee97cca" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_65d65c44-787a-42ed-b484-a7126185a993" xlink:href="trow-20220930.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_f5f72212-d580-443a-871d-2b67bee97cca" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_65d65c44-787a-42ed-b484-a7126185a993" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting_b80acfdf-a1fb-460e-8be5-6d10222a3397" xlink:href="trow-20220930.xsd#trow_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_f5f72212-d580-443a-871d-2b67bee97cca" xlink:to="loc_trow_EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYearToVesting_b80acfdf-a1fb-460e-8be5-6d10222a3397" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear_445a3315-1b2d-46a5-bc9d-e35fd9ecae79" xlink:href="trow-20220930.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_f5f72212-d580-443a-871d-2b67bee97cca" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear_445a3315-1b2d-46a5-bc9d-e35fd9ecae79" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/EARNINGSPERSHARECALCULATIONSDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#EARNINGSPERSHARECALCULATIONSDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/EARNINGSPERSHARECALCULATIONSDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_d70b56a2-12d1-45b4-b4db-dc668c7b3fc0" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_7856d7f3-ad4c-497a-9556-5a247cfc5db3" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_d70b56a2-12d1-45b4-b4db-dc668c7b3fc0" xlink:to="loc_us-gaap_NetIncomeLoss_7856d7f3-ad4c-497a-9556-5a247cfc5db3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_d66c5082-3d6c-4adf-bccc-b045400fb39b" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_d70b56a2-12d1-45b4-b4db-dc668c7b3fc0" xlink:to="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_d66c5082-3d6c-4adf-bccc-b045400fb39b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_e65edcd6-cace-40a6-88bd-88947a682562" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_e23393e5-aa0f-4e0c-bc7f-b91f68f056b2" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_NetIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_e65edcd6-cace-40a6-88bd-88947a682562" xlink:to="loc_us-gaap_NetIncomeLoss_e23393e5-aa0f-4e0c-bc7f-b91f68f056b2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_15cca64a-77f4-4b20-96b1-046dce4f33bf" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_e65edcd6-cace-40a6-88bd-88947a682562" xlink:to="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_15cca64a-77f4-4b20-96b1-046dce4f33bf" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVELOSSAccumulatedOtherComprehensiveLossDetails" xlink:type="simple" xlink:href="trow-20220930.xsd#OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVELOSSAccumulatedOtherComprehensiveLossDetails"/>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/OTHERCOMPREHENSIVEINCOMEANDACCUMULATEDOTHERCOMPREHENSIVELOSSAccumulatedOtherComprehensiveLossDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_6e20bd33-b703-4acb-aeb4-565f8e18547e" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_46629f58-3688-40de-b55d-e2fc81f6419f" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_6e20bd33-b703-4acb-aeb4-565f8e18547e" xlink:to="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_46629f58-3688-40de-b55d-e2fc81f6419f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_415863bc-1ed0-4957-a704-f9b23e93c77c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_6e20bd33-b703-4acb-aeb4-565f8e18547e" xlink:to="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_415863bc-1ed0-4957-a704-f9b23e93c77c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_853867a4-4645-4615-a035-a50d3ac1cccb" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_6ee8ed75-0540-4621-b141-4e06e743550e" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_853867a4-4645-4615-a035-a50d3ac1cccb" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_6ee8ed75-0540-4621-b141-4e06e743550e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_65c29384-10cc-4dc0-873d-d31bda1ba08c" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_853867a4-4645-4615-a035-a50d3ac1cccb" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_65c29384-10cc-4dc0-873d-d31bda1ba08c" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>
