<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" 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">
  <link:roleRef roleURI="http://www.troweprice.com/role/CommitmentsAndContingencies" xlink:href="trow-20200630.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/CompanyAndBasisOfPreparation" xlink:href="trow-20200630.xsd#CompanyAndBasisOfPreparation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/CompanyAndBasisOfPreparationPolicies" xlink:href="trow-20200630.xsd#CompanyAndBasisOfPreparationPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProducts" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProducts" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsFairValueMeasurementsDetails" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProductsFairValueMeasurementsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsNetAssetsDetails" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProductsNetAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsOperatingResultsDetails" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProductsOperatingResultsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsStatementOfCashFlowsDetails" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProductsStatementOfCashFlowsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsTables" xlink:href="trow-20200630.xsd#ConsolidatedTRowePriceInvestmentProductsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/Cover" xlink:href="trow-20200630.xsd#Cover" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/EarningsPerShareCalculations" xlink:href="trow-20200630.xsd#EarningsPerShareCalculations" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/EarningsPerShareCalculationsDetails" xlink:href="trow-20200630.xsd#EarningsPerShareCalculationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/EarningsPerShareCalculationsTables" xlink:href="trow-20200630.xsd#EarningsPerShareCalculationsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/FairValueMeasurements" xlink:href="trow-20200630.xsd#FairValueMeasurements" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/FairValueMeasurementsDetails" xlink:href="trow-20200630.xsd#FairValueMeasurementsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/FairValueMeasurementsTables" xlink:href="trow-20200630.xsd#FairValueMeasurementsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServices" xlink:href="trow-20200630.xsd#InformationAboutReceivablesRevenuesAndServices" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesInvestmentAdvisoryServicesDetails" xlink:href="trow-20200630.xsd#InformationAboutReceivablesRevenuesAndServicesInvestmentAdvisoryServicesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesServicesConcentrationAndReceivablesDetails" xlink:href="trow-20200630.xsd#InformationAboutReceivablesRevenuesAndServicesServicesConcentrationAndReceivablesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesTables" xlink:href="trow-20200630.xsd#InformationAboutReceivablesRevenuesAndServicesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/Investments" xlink:href="trow-20200630.xsd#Investments" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InvestmentsInvestmentsDetails" xlink:href="trow-20200630.xsd#InvestmentsInvestmentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InvestmentsTables" xlink:href="trow-20200630.xsd#InvestmentsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/InvestmentsVariableInterestEntitiesDetails" xlink:href="trow-20200630.xsd#InvestmentsVariableInterestEntitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLoss" xlink:href="trow-20200630.xsd#OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLoss" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossDetails" xlink:href="trow-20200630.xsd#OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossTables" xlink:href="trow-20200630.xsd#OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockBasedCompensation" xlink:href="trow-20200630.xsd#StockBasedCompensation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockBasedCompensationFutureStockBasedCompensationExpenseDetails" xlink:href="trow-20200630.xsd#StockBasedCompensationFutureStockBasedCompensationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockBasedCompensationRestrictedSharesAndStockUnitsDetails" xlink:href="trow-20200630.xsd#StockBasedCompensationRestrictedSharesAndStockUnitsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockBasedCompensationStockOptionsDetails" xlink:href="trow-20200630.xsd#StockBasedCompensationStockOptionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockBasedCompensationTables" xlink:href="trow-20200630.xsd#StockBasedCompensationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockholdersEquity" xlink:href="trow-20200630.xsd#StockholdersEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/StockholdersEquityDetails" xlink:href="trow-20200630.xsd#StockholdersEquityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedBalanceSheets" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedBalanceSheetsParenthetical" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlows" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfCashFlows" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlowsParenthetical" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfCashFlowsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfComprehensiveIncome" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfIncome" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfIncome" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfStockholdersEquity" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfStockholdersEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfStockholdersEquityParenthetical" xlink:href="trow-20200630.xsd#UnauditedCondensedConsolidatedStatementsOfStockholdersEquityParenthetical" xlink:type="simple" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CommitmentsAndContingencies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CompanyAndBasisOfPreparation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/CompanyAndBasisOfPreparationPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProducts" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsFairValueMeasurementsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_f6e033ad-7025-b6e1-c62b-b572fe209bf1" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_88da5cea-7ea1-ec46-7d8e-822e6c2e193d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_f6e033ad-7025-b6e1-c62b-b572fe209bf1" xlink:to="loc_us-gaap_CashAndCashEquivalentsFairValueDisclosure_88da5cea-7ea1-ec46-7d8e-822e6c2e193d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherInvestments" xlink:label="loc_us-gaap_OtherInvestments_14cc5c38-5e3d-be0c-131e-a8355fc3a57f" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_f6e033ad-7025-b6e1-c62b-b572fe209bf1" xlink:to="loc_us-gaap_OtherInvestments_14cc5c38-5e3d-be0c-131e-a8355fc3a57f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquitySecuritiesFvNi" xlink:label="loc_us-gaap_EquitySecuritiesFvNi_0aee1c19-f77f-655a-b96e-557260095c84" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_f6e033ad-7025-b6e1-c62b-b572fe209bf1" xlink:to="loc_us-gaap_EquitySecuritiesFvNi_0aee1c19-f77f-655a-b96e-557260095c84" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_17e567b0-4e77-385a-6ce4-0f470bbb70c3" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_f6e033ad-7025-b6e1-c62b-b572fe209bf1" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_17e567b0-4e77-385a-6ce4-0f470bbb70c3" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsNetAssetsDetails" xlink:type="extended">
    <link:loc xlink:href="trow-20200630.xsd#trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent" xlink:label="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_cd2e9230-c4d0-22bd-bc93-a9f49da247fd" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_ec943b27-1ce9-ee52-f2ce-eccaa3a3aa58" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_cd2e9230-c4d0-22bd-bc93-a9f49da247fd" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_ec943b27-1ce9-ee52-f2ce-eccaa3a3aa58" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsNet" xlink:label="loc_us-gaap_AssetsNet_e2766286-c6db-9ab5-a279-b89189e6259d" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_InvestmentSponsoredInvestmentPortfoliosAttributabletoParent_cd2e9230-c4d0-22bd-bc93-a9f49da247fd" xlink:to="loc_us-gaap_AssetsNet_e2766286-c6db-9ab5-a279-b89189e6259d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_e2766286-c6db-9ab5-a279-b89189e6259d" xlink:to="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_e2766286-c6db-9ab5-a279-b89189e6259d" xlink:to="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsOperatingResultsDetails" xlink:type="extended">
    <link:loc xlink:href="trow-20200630.xsd#trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent" xlink:label="loc_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_03129d00-4c1f-efce-ff13-a9f49dcc56d3" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_02fbb159-1bb6-a87c-527b-10ffd0da2e5b" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_03129d00-4c1f-efce-ff13-a9f49dcc56d3" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_02fbb159-1bb6-a87c-527b-10ffd0da2e5b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_trow_IncomeLossfromContinuingOperationsbeforeIncomeTaxesAttributabletoParent_03129d00-4c1f-efce-ff13-a9f49dcc56d3" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:to="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_11e2ec57-a2e4-05d2-45f1-7a8e2dc544c3" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:to="loc_us-gaap_InvestmentIncomeNet_11e2ec57-a2e4-05d2-45f1-7a8e2dc544c3" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsStatementOfCashFlowsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/ConsolidatedTRowePriceInvestmentProductsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/Cover" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/EarningsPerShareCalculations" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/EarningsPerShareCalculationsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_ca4e84d8-4619-6bea-82d1-ff1aa2ecf46c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_ca4e84d8-4619-6bea-82d1-ff1aa2ecf46c" xlink:to="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_5db9e3c9-0ccd-dc50-4997-27e9cf33b5be" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_ca4e84d8-4619-6bea-82d1-ff1aa2ecf46c" xlink:to="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted_5db9e3c9-0ccd-dc50-4997-27e9cf33b5be" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_002f9190-e528-4c20-fecc-961a16ab3d50" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_002f9190-e528-4c20-fecc-961a16ab3d50" xlink:to="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic" xlink:label="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_2c56d27e-f376-d252-e81b-1d751b2d6cb0" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_002f9190-e528-4c20-fecc-961a16ab3d50" xlink:to="loc_us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic_2c56d27e-f376-d252-e81b-1d751b2d6cb0" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/EarningsPerShareCalculationsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/FairValueMeasurements" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/FairValueMeasurementsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/FairValueMeasurementsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServices" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesInvestmentAdvisoryServicesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesServicesConcentrationAndReceivablesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InformationAboutReceivablesRevenuesAndServicesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/Investments" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InvestmentsInvestmentsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_bc160df8-f248-557e-f649-3bc817aa7daa" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:to="loc_us-gaap_HeldToMaturitySecurities_bc160df8-f248-557e-f649-3bc817aa7daa" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_ff686380-cb66-3f62-443b-907a193effe8" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:to="loc_us-gaap_EquityMethodInvestments_ff686380-cb66-3f62-443b-907a193effe8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquitySecuritiesFvNi" xlink:label="loc_us-gaap_EquitySecuritiesFvNi_0aee1c19-f77f-655a-b96e-557260095c84" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:to="loc_us-gaap_EquitySecuritiesFvNi_0aee1c19-f77f-655a-b96e-557260095c84" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InvestmentsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/InvestmentsVariableInterestEntitiesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_040c32d8-11b3-b55f-93d6-45e612f3f7f3" xlink:type="locator" />
    <link:loc xlink:href="trow-20200630.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_13a2d9cb-b3c1-b09f-e741-a9f49da451be" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_040c32d8-11b3-b55f-93d6-45e612f3f7f3" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureInvestmentCarryingValuesAmount_13a2d9cb-b3c1-b09f-e741-a9f49da451be" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_7fa521fe-2182-1679-66cc-a9f49e3dde41" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_040c32d8-11b3-b55f-93d6-45e612f3f7f3" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUnfundedCapitalCommitmentsAmount_7fa521fe-2182-1679-66cc-a9f49e3dde41" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount" xlink:label="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_758a40a3-0e9e-4c52-2fc3-a9f49e5b2dde" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_040c32d8-11b3-b55f-93d6-45e612f3f7f3" xlink:to="loc_trow_VariableInterestEntityReportingEntityInvolvementMaximumLossExposureUncollectedInvestmentAdvisoryandAdministrativeFeesAmount_758a40a3-0e9e-4c52-2fc3-a9f49e5b2dde" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLoss" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_e4f9ed30-225d-b1c2-4b66-efe0757ad41c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_2d646dc8-8d1a-aafa-11ed-80f0f26b2dff" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_e4f9ed30-225d-b1c2-4b66-efe0757ad41c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_2d646dc8-8d1a-aafa-11ed-80f0f26b2dff" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent" xlink:label="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_990f6b8e-405e-9997-2f63-2c7e78458cb1" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_2d646dc8-8d1a-aafa-11ed-80f0f26b2dff" xlink:to="loc_us-gaap_OciBeforeReclassificationsBeforeTaxAttributableToParent_990f6b8e-405e-9997-2f63-2c7e78458cb1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent" xlink:label="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_49c4b256-c51c-d8b8-d8d7-6ee2c88c9315" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_2d646dc8-8d1a-aafa-11ed-80f0f26b2dff" xlink:to="loc_us-gaap_ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent_49c4b256-c51c-d8b8-d8d7-6ee2c88c9315" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_7d7be751-a582-4197-3747-f57ad896010a" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_e4f9ed30-225d-b1c2-4b66-efe0757ad41c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1_7d7be751-a582-4197-3747-f57ad896010a" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/OtherComprehensiveIncomeAndAccumulatedOtherComprehensiveLossTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockBasedCompensation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockBasedCompensationFutureStockBasedCompensationExpenseDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_a377b85f-e44e-de1c-aba4-7973e76ca4bb" xlink:type="locator" />
    <link:loc xlink:href="trow-20200630.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfFiscalYear_7e6b6c12-0908-1ec1-8ca7-a9f49e3fc047" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_a377b85f-e44e-de1c-aba4-7973e76ca4bb" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterThreeOfFiscalYear_7e6b6c12-0908-1ec1-8ca7-a9f49e3fc047" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear_88525d71-6ae7-514f-18aa-a9f49dcd013b" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_a377b85f-e44e-de1c-aba4-7973e76ca4bb" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedQuarterFourOfFiscalYear_88525d71-6ae7-514f-18aa-a9f49dcd013b" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_59e96366-bcbf-a737-f36b-a9f49e3e16df" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_a377b85f-e44e-de1c-aba4-7973e76ca4bb" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedNextFiscalYear_59e96366-bcbf-a737-f36b-a9f49e3e16df" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting" xlink:label="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_7dc1fbb0-edfd-ace5-0a13-a9f49e09cce4" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_a377b85f-e44e-de1c-aba4-7973e76ca4bb" xlink:to="loc_trow_EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostToBeRecognizedFromSecondFiscalYeartoVesting_7dc1fbb0-edfd-ace5-0a13-a9f49e09cce4" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockBasedCompensationRestrictedSharesAndStockUnitsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockBasedCompensationStockOptionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockBasedCompensationTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockholdersEquity" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/StockholdersEquityDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_ae7d1998-6654-2677-8e9f-f36b62210000" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_c8c1ef7d-82ef-ec40-66d0-45806fc53a6e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_ae7d1998-6654-2677-8e9f-f36b62210000" xlink:to="loc_us-gaap_CommitmentsAndContingencies_c8c1ef7d-82ef-ec40-66d0-45806fc53a6e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_ec943b27-1ce9-ee52-f2ce-eccaa3a3aa58" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_ae7d1998-6654-2677-8e9f-f36b62210000" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_ec943b27-1ce9-ee52-f2ce-eccaa3a3aa58" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_ae7d1998-6654-2677-8e9f-f36b62210000" xlink:to="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_844e7c43-dfe0-790d-4f5e-8b1150390e12" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:to="loc_us-gaap_PreferredStockValue_844e7c43-dfe0-790d-4f5e-8b1150390e12" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_130b8997-2f7a-8192-a853-ff9fb4629d95" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:to="loc_us-gaap_CommonStockValue_130b8997-2f7a-8192-a853-ff9fb4629d95" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_3f755bf1-b6ef-82fa-3641-aa65146754d7" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_3f755bf1-b6ef-82fa-3641-aa65146754d7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="loc_us-gaap_RetainedEarningsUnappropriated_b09ba707-e792-c240-0c70-28a19c449518" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:to="loc_us-gaap_RetainedEarningsUnappropriated_b09ba707-e792-c240-0c70-28a19c449518" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_355fc088-038d-3905-0784-91db0d020a77" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_444cfce6-fc59-0d4d-1ade-0fdec3499b08" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_355fc088-038d-3905-0784-91db0d020a77" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_ae7d1998-6654-2677-8e9f-f36b62210000" xlink:to="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableAndOtherAccruedLiabilities" xlink:label="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_86afc6bf-9ade-017a-8e4a-eae9ff1418ee" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_us-gaap_AccountsPayableAndOtherAccruedLiabilities_86afc6bf-9ade-017a-8e4a-eae9ff1418ee" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities" xlink:label="loc_trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities_64cdd63c-abdf-e415-c940-a9f49da6c251" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_trow_LiabilitiesOfVotingInterestEntitiesAndVariableInterestEntities_64cdd63c-abdf-e415-c940-a9f49da6c251" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_935beb61-caaf-37cd-d9be-d21ca25adffb" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_us-gaap_EmployeeRelatedLiabilitiesCurrentAndNoncurrent_935beb61-caaf-37cd-d9be-d21ca25adffb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="loc_us-gaap_AccruedIncomeTaxes_d59bab9c-e14e-18ea-eab1-530d5bbfdcac" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_us-gaap_AccruedIncomeTaxes_d59bab9c-e14e-18ea-eab1-530d5bbfdcac" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_7c82ef5b-117d-4150-1621-1d3c50f3aacd" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_us-gaap_DeferredCompensationArrangementWithIndividualRecordedLiability_7c82ef5b-117d-4150-1621-1d3c50f3aacd" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaap_OperatingLeaseLiability_a8b66d7f-72c7-4ff2-7f1f-84b93ba048de" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_a0e4a1b3-b018-392a-9b7d-09729b37d6a1" xlink:to="loc_us-gaap_OperatingLeaseLiability_a8b66d7f-72c7-4ff2-7f1f-84b93ba048de" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_26247a2d-7bac-8834-3dc5-06c993b10b2c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_26247a2d-7bac-8834-3dc5-06c993b10b2c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_7526a7f5-078a-d236-a617-8d5423b68a3c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_AccountsReceivableNet_7526a7f5-078a-d236-a617-8d5423b68a3c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_Investments_b4fcf0a1-5a96-2b1b-a55b-d099ae579517" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities" xlink:label="loc_trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities_2d5fd540-2b19-d5ff-dade-a9f49e295ecc" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_trow_AssetsOfVotingInterestEntitiesAndVariableInterestEntities_2d5fd540-2b19-d5ff-dade-a9f49e295ecc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_bf545d72-755b-f46c-4176-2eeaac0328d1" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_bf545d72-755b-f46c-4176-2eeaac0328d1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_57088d99-3f43-6bbf-c330-0bf0e1b35b0b" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_Goodwill_57088d99-3f43-6bbf-c330-0bf0e1b35b0b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_f05c35cd-016d-8bcb-e534-3e80ed2ec588" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_OtherAssets_f05c35cd-016d-8bcb-e534-3e80ed2ec588" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_fe7a6688-63e6-c3a8-34a9-6a59f12ca16e" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_d88b9019-0bd3-d7de-96eb-5cd69c504c2c" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_fe7a6688-63e6-c3a8-34a9-6a59f12ca16e" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlows" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_7e98a0be-51ae-18d0-54bf-b32eca8c5c1d" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_7e98a0be-51ae-18d0-54bf-b32eca8c5c1d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DepreciationNonproduction" xlink:label="loc_us-gaap_DepreciationNonproduction_41bf9a96-3f39-5a9f-8c43-f309c5af9dc5" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_us-gaap_DepreciationNonproduction_41bf9a96-3f39-5a9f-8c43-f309c5af9dc5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_8e70545b-e41a-5c88-3aeb-15f273c05266" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_us-gaap_ShareBasedCompensation_8e70545b-e41a-5c88-3aeb-15f273c05266" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_NetGainsLossesRecognizedonInvestments" xlink:label="loc_trow_NetGainsLossesRecognizedonInvestments_ffd71ba2-d529-ced5-22ac-a9f49e3513d0" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_trow_NetGainsLossesRecognizedonInvestments_ffd71ba2-d529-ced5-22ac-a9f49e3513d0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromPaymentsForTradingSecurities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_2e535bef-c5ec-c574-3359-8e7e705e15a1" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_us-gaap_ProceedsFromPaymentsForTradingSecurities_2e535bef-c5ec-c574-3359-8e7e705e15a1" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_2a20908e-3ac0-cd8b-df74-a9f49e5e689a" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_trow_IncreaseDecreaseInTradingSecuritiesConsolidatedSponsoredInvestmentPortfolios_2a20908e-3ac0-cd8b-df74-a9f49e5e689a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_4392a9aa-12d6-0a02-3bb4-a001e4753188" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_13d5d34e-e391-ca89-d84d-71b1e1c2a78c" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_4392a9aa-12d6-0a02-3bb4-a001e4753188" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_7e98a0be-51ae-18d0-54bf-b32eca8c5c1d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireInvestments_fa7a25d7-7510-4a32-f462-4117022ba713" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:to="loc_us-gaap_PaymentsToAcquireInvestments_fa7a25d7-7510-4a32-f462-4117022ba713" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_6c5680ad-5464-f400-8095-cd1e8fafccd5" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:to="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_6c5680ad-5464-f400-8095-cd1e8fafccd5" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios" xlink:label="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_57096479-0ff0-3171-4552-a9f49e2010d9" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:to="loc_trow_NetCashFlowForConsolidationDeconsolidationOfSponsoredInvestmentPortfolios_57096479-0ff0-3171-4552-a9f49e2010d9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_ca48a49a-2cde-cf3d-6904-e8f08b6e1fbb" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_ca48a49a-2cde-cf3d-6904-e8f08b6e1fbb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_e33e3b56-416a-9757-52a3-44ee94cae9bf" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2794b8a8-762d-d243-a2f5-a00d52d74432" xlink:to="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_e33e3b56-416a-9757-52a3-44ee94cae9bf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_7e98a0be-51ae-18d0-54bf-b32eca8c5c1d" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice" xlink:label="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_aedf0169-f7fd-6e65-c92c-a9f49e6530a2" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:to="loc_trow_ProceedsFromStockOptionsExercisedNetOfPaymentsForRepurchaseOfCommonStockForEmployeeTaxWithholdingObligationsAndStrikePrice_aedf0169-f7fd-6e65-c92c-a9f49e6530a2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_5438f733-2c2e-cb8b-518a-eb0b0108364e" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_5438f733-2c2e-cb8b-518a-eb0b0108364e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromPaymentsToMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_3511960f-b277-e688-4ef2-9ae2e2b3c27e" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:to="loc_us-gaap_ProceedsFromPaymentsToMinorityShareholders_3511960f-b277-e688-4ef2-9ae2e2b3c27e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_17a4f643-13f7-97f5-0c15-ee712bbc980c" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_0a7e00ec-a1a5-81e8-5255-8844ac6fe87f" xlink:to="loc_us-gaap_PaymentsOfDividends_17a4f643-13f7-97f5-0c15-ee712bbc980c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_c3fb4920-0b72-7fd0-429d-d910e936dd99" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_7e98a0be-51ae-18d0-54bf-b32eca8c5c1d" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_c3fb4920-0b72-7fd0-429d-d910e936dd99" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlowsParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_61cff5eb-6380-0a99-0b9f-2aa494c88658" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_b648d0ef-16fe-7d60-a025-6e0cc8ac751c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_61cff5eb-6380-0a99-0b9f-2aa494c88658" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_b648d0ef-16fe-7d60-a025-6e0cc8ac751c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_ec9c3aab-da5b-a831-3f37-62a3ea3b00ff" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_b648d0ef-16fe-7d60-a025-6e0cc8ac751c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_ec9c3aab-da5b-a831-3f37-62a3ea3b00ff" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_d7e31c43-cfee-9794-8fce-556bedc57d99" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_ec9c3aab-da5b-a831-3f37-62a3ea3b00ff" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_d7e31c43-cfee-9794-8fce-556bedc57d99" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossTax_1d432f33-1efc-c8e6-76f6-47bbd7ba8488" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_ec9c3aab-da5b-a831-3f37-62a3ea3b00ff" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossTax_1d432f33-1efc-c8e6-76f6-47bbd7ba8488" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_b648d0ef-16fe-7d60-a025-6e0cc8ac751c" xlink:to="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_8d46be56-f4eb-8e22-ebfd-f7827a406c06" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_61cff5eb-6380-0a99-0b9f-2aa494c88658" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_8d46be56-f4eb-8e22-ebfd-f7827a406c06" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_982a1de3-51f5-bc18-9d24-037fe2750a8c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_92b3052c-bc0b-d7f2-fea8-3c4ecc5cf273" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_982a1de3-51f5-bc18-9d24-037fe2750a8c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_92b3052c-bc0b-d7f2-fea8-3c4ecc5cf273" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_10778d66-7bf4-de31-9227-3b06ecfb512c" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_982a1de3-51f5-bc18-9d24-037fe2750a8c" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_10778d66-7bf4-de31-9227-3b06ecfb512c" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfIncome" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:to="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_45763918-4e7f-82ea-bed7-7a6a842404f1" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_45763918-4e7f-82ea-bed7-7a6a842404f1" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_7b618ca3-8c72-44fe-0c1a-a9f49dc31444" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_45763918-4e7f-82ea-bed7-7a6a842404f1" xlink:to="loc_trow_InvestmentIncomeNonoperatingOtherThanConsolidatedSponsoredInvestmentPortfolios_7b618ca3-8c72-44fe-0c1a-a9f49dc31444" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios" xlink:label="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_62a3dc68-58a5-b8c4-3887-a9f49dac4055" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_45763918-4e7f-82ea-bed7-7a6a842404f1" xlink:to="loc_trow_InvestmentIncomeNonoperatingConsolidatedSponsoredInvestmentPortfolios_62a3dc68-58a5-b8c4-3887-a9f49dac4055" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_497f98e6-8a11-3c53-7076-ee6aaae664ce" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_45763918-4e7f-82ea-bed7-7a6a842404f1" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_497f98e6-8a11-3c53-7076-ee6aaae664ce" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_86cfb7da-c050-ac7c-919e-7f811affb4ae" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_326571dd-2089-b65a-821d-3163d8518a05" xlink:to="loc_us-gaap_OperatingIncomeLoss_86cfb7da-c050-ac7c-919e-7f811affb4ae" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_86cfb7da-c050-ac7c-919e-7f811affb4ae" xlink:to="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_abcc7962-ec18-5db7-26d0-760a2525dd4d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_us-gaap_LaborAndRelatedExpense_abcc7962-ec18-5db7-26d0-760a2525dd4d" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_DistributionExpenses" xlink:label="loc_trow_DistributionExpenses_4c0e141f-4415-5297-6c2c-a9f49db92085" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_trow_DistributionExpenses_4c0e141f-4415-5297-6c2c-a9f49db92085" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MarketingAndAdvertisingExpense" xlink:label="loc_us-gaap_MarketingAndAdvertisingExpense_d5c41e7a-1c24-a281-3be1-f18887adf53f" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_us-gaap_MarketingAndAdvertisingExpense_d5c41e7a-1c24-a281-3be1-f18887adf53f" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_ProductRelatedAndClientServicingExpenses" xlink:label="loc_trow_ProductRelatedAndClientServicingExpenses_304b5474-1aa6-9e04-21d0-a9f49de0170a" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_trow_ProductRelatedAndClientServicingExpenses_304b5474-1aa6-9e04-21d0-a9f49de0170a" xlink:type="arc" />
    <link:loc xlink:href="trow-20200630.xsd#trow_TechnologyDepreciationOccupancyAndFacilityExpenses" xlink:label="loc_trow_TechnologyDepreciationOccupancyAndFacilityExpenses_56f51b3a-3607-a0f4-4963-a9f49e03783f" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_trow_TechnologyDepreciationOccupancyAndFacilityExpenses_56f51b3a-3607-a0f4-4963-a9f49e03783f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_OtherGeneralAndAdministrativeExpense_776db538-2aae-8b80-feed-9ce08ae15c5b" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_d1241922-8a19-0b86-133e-a1933036fe7e" xlink:to="loc_us-gaap_OtherGeneralAndAdministrativeExpense_776db538-2aae-8b80-feed-9ce08ae15c5b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_9ff0f538-863f-dffc-da3e-5378e55a2439" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_86cfb7da-c050-ac7c-919e-7f811affb4ae" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_9ff0f538-863f-dffc-da3e-5378e55a2439" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_6a75c878-dfaf-e368-936e-ce293fe86f6f" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_82a1dba8-8b5a-130a-edce-afbb0d3a199c" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_6a75c878-dfaf-e368-936e-ce293fe86f6f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_02fbb159-1bb6-a87c-527b-10ffd0da2e5b" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_aaf4fade-f652-62f8-cf02-c59447905641" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_02fbb159-1bb6-a87c-527b-10ffd0da2e5b" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfStockholdersEquity" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.troweprice.com/role/UnauditedCondensedConsolidatedStatementsOfStockholdersEquityParenthetical" xlink:type="extended" />
</link:linkbase>
