EARNINGS PER SHARE CALCULATIONS (Tables)

9 Months Ended

Sep. 30, 2023

The following table presents the reconciliation of net income attributable to T. Rowe Price to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.


	Three months ended				Nine months ended
(in millions)	9/30/2023		9/30/2022		9/30/2023		9/30/2022
Net income attributable to T. Rowe Price	$	453.2	$	384.4	$	1,351.1	$	1,291.9
Less: net income allocated to outstanding restricted stock and stock unit holders	10.6		9.2		32.7		29.6
Net income allocated to common stockholders	$	442.6	$	375.2	$	1,318.4	$	1,262.3

Weighted-average common shares
Outstanding	224.1		225.3		224.3		226.7
Outstanding assuming dilution	224.8		226.3		225.1		228.0