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Franklin Resources (BEN) Financials

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$17.62 +0.08 (+0.43%)
Closing price 04/17/2025 03:59 PM Eastern
Extended Trading
$17.78 +0.16 (+0.88%)
As of 04/17/2025 06:15 PM Eastern
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Annual Income Statements for Franklin Resources

Annual Income Statements for Franklin Resources

This table shows Franklin Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
2,035 1,727 -4,554 764 4,073 799 1,831 1,292 883 465
Consolidated Net Income / (Loss)
2,105 1,758 1,790 743 1,206 787 2,095 1,333 1,026 608
Net Income / (Loss) Continuing Operations
2,105 1,758 -4,501 743 2,887 787 2,095 1,333 1,026 523
Total Pre-Tax Income
3,028 2,500 2,549 2,215 1,648 1,018 2,444 1,729 1,338 823
Total Operating Income
3,028 2,366 2,264 2,028 1,467 1,049 1,875 1,774 1,102 408
Total Gross Profit
6,495 5,257 102 4,814 9,754 3,693 5,454 5,186 4,355 4,647
Total Revenue
7,949 6,618 102 6,205 11,339 5,567 8,426 8,275 7,849 8,478
Operating Revenue
7,949 6,618 102 6,205 11,339 5,567 8,426 8,275 7,849 8,478
Total Cost of Revenue
1,453 1,361 0.00 1,391 1,585 1,874 2,971 3,090 3,494 3,831
Operating Cost of Revenue
1,453 1,361 - 1,391 1,585 1,874 2,971 3,090 3,494 3,831
Total Operating Expenses
3,468 2,891 4,128 2,786 6,820 2,644 3,579 3,412 3,253 4,239
Selling, General & Admin Expense
573 547 542 616 259 739 1,023 1,065 1,070 1,323
Marketing Expense
2,762 2,210 2,131 2,040 1,820 1,703 2,106 1,846 1,613 1,863
Amortization Expense
- - - 1.80 15 54 232 282 341 338
Other Operating Expenses / (Income)
133 134 1,455 129 4,728 148 218 219 229 325
Impairment Charge
- - - - - - - 0.00 - 389
Total Other Income / (Expense), net
0.80 134 285 187 396 -31 569 -59 236 331
Interest Expense
40 50 52 - 22 - - 98 - 97
Other Income / (Expense), net
40 184 336 187 418 -31 569 40 236 428
Income Tax Expense
924 742 759 1,473 442 231 350 396 312 215
Net Income / (Loss) Attributable to Noncontrolling Interest
69 31 53 -22 9.80 -12 263 41 143 143
Basic Earnings per Share
$3.29 $2.94 $3.01 $1.39 $2.35 $1.59 $3.58 $2.53 $1.72 $0.85
Weighted Average Basic Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Diluted Earnings per Share
$3.29 $2.94 $3.01 $1.39 $2.35 $1.59 $3.57 $2.53 $1.72 $0.85
Weighted Average Diluted Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Weighted Average Basic & Diluted Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Cash Dividends to Common per Share
$1.10 $0.72 $0.80 $3.92 $1.04 $1.08 $1.12 $1.16 $1.20 $1.24

Quarterly Income Statements for Franklin Resources

This table shows Franklin Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Net Income / (Loss) Attributable to Common Shareholders
256 233 166 194 228 296 251 124 174 -85 164
Consolidated Net Income / (Loss)
224 206 169 273 247 337 256 175 232 -56 232
Net Income / (Loss) Continuing Operations
224 206 169 273 247 337 256 175 232 -140 232
Total Pre-Tax Income
313 254 229 366 331 412 331 238 300 -46 313
Total Operating Income
405 349 194 255 315 338 207 129 223 -151 219
Total Gross Profit
1,265 1,171 988 1,080 1,128 1,160 1,023 1,125 1,229 1,270 1,260
Total Revenue
2,031 1,939 1,967 1,927 1,969 1,986 1,991 2,153 2,123 2,211 2,252
Operating Revenue
2,031 1,939 1,967 1,927 1,969 1,986 1,991 2,153 2,123 2,211 2,252
Total Cost of Revenue
767 768 979 847 841 826 968 1,028 894 941 991
Operating Cost of Revenue
767 768 979 847 841 826 968 1,028 894 941 991
Total Operating Expenses
860 823 794 825 813 822 816 995 1,007 1,421 1,041
Selling, General & Admin Expense
284 272 268 273 264 266 263 350 337 374 341
Marketing Expense
440 413 389 407 407 411 401 484 481 497 512
Amortization Expense
82 82 83 86 85 87 86 85 84 84 113
Other Operating Expenses / (Income)
54 56 55 60 57 58 67 76 105 78 75
Total Other Income / (Expense), net
-92 -108 35 111 16 74 125 109 78 20 94
Other Income / (Expense), net
- - 35 111 16 74 125 109 78 117 94
Income Tax Expense
90 49 60 93 84 75 75 63 68 9.50 81
Net Income / (Loss) Attributable to Noncontrolling Interest
-32 -28 4.70 79 19 40 5.00 51 58 29 69
Basic Earnings per Share
$0.50 $0.46 $0.32 $0.38 $0.44 $0.58 $0.50 $0.23 $0.32 ($0.20) $0.29
Weighted Average Basic Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Diluted Earnings per Share
$0.50 $0.47 $0.32 $0.38 $0.44 $0.58 $0.50 $0.23 $0.32 ($0.20) $0.29
Weighted Average Diluted Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Weighted Average Basic & Diluted Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Cash Dividends to Common per Share
$0.29 - $0.30 $0.30 $0.30 - $0.31 $0.31 $0.31 - $0.32

Annual Cash Flow Statements for Franklin Resources

This table details how cash moves in and out of Franklin Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
772 115 266 -1,839 -704 -2,217 657 135 -380 382
Net Cash From Operating Activities
2,252 1,728 1,135 2,230 269 1,083 1,245 1,957 1,089 971
Net Cash From Continuing Operating Activities
2,252 1,728 1,135 2,230 269 1,083 1,245 1,957 1,089 971
Net Income / (Loss) Continuing Operations
2,105 1,758 1,790 743 1,206 787 2,095 1,333 1,026 608
Consolidated Net Income / (Loss)
2,105 1,758 1,790 743 1,206 787 2,095 1,333 1,026 608
Depreciation Expense
97 87 80 75 79 75 79 96 104 117
Amortization Expense
113 75 72 83 101 134 310 347 391 400
Non-Cash Adjustments To Reconcile Net Income
-38 -159 -994 596 -1,263 -383 -1,139 110 -538 117
Changes in Operating Assets and Liabilities, net
-25 -33 188 734 147 471 -99 71 106 -270
Net Cash From Investing Activities
249 192 52 -290 -1,275 -4,062 -2,616 -3,329 -3,610 -2,424
Net Cash From Continuing Investing Activities
249 192 52 -290 -1,275 -4,062 -2,616 -3,329 -3,610 -2,211
Purchase of Property, Plant & Equipment
-69 -98 -75 -107 -234 -104 -79 -90 -149 -177
Acquisitions
0.00 0.00 -14 -87 -494 -3,821 -9.00 -1,355 -501 175
Purchase of Investments
-92 -104 -487 -432 -402 -481 -770 -926 -758 -1,128
Sale and/or Maturity of Investments
406 405 713 360 343 880 594 1,026 609 1,407
Other Investing Activities, net
4.40 -12 -85 -25 -490 -535 -2,351 -1,984 -2,812 -2,488
Net Cash From Financing Activities
-1,612 -1,801 -956 -3,762 340 734 2,030 1,585 2,107 1,416
Net Cash From Continuing Financing Activities
-1,612 -1,801 -956 -3,762 340 734 2,030 1,585 2,107 1,578
Repayment of Debt
-410 -187 -354 -362 -1.50 -0.40 -762 -300 -300 -250
Repurchase of Preferred Equity
- - - - - - 0.00 0.00 175 5.30
Repurchase of Common Equity
-1,060 -1,308 -765 -1,425 -755 -218 -208 -181 -256 -274
Payment of Dividends
-566 -421 460 -1,957 632 -124 162 -383 38 -416
Issuance of Debt
396 93 0.00 0.00 1.70 0.20 1,194 300 0.00 0.00
Issuance of Common Equity
26 24 25 25 23 21 22 25 23 21
Other Financing Activities, net
2.80 -2.40 -322 -43 439 1,056 1,622 2,124 2,427 2,492
Other Net Changes in Cash
- - - - - - -2.20 - 34 43
Cash Interest Paid
45 47 42 39 27 19 117 133 122 113
Cash Income Taxes Paid
925 759 712 524 521 359 498 468 233 436

Quarterly Cash Flow Statements for Franklin Resources

This table details how cash moves in and out of Franklin Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Net Change in Cash & Equivalents
-536 304 -280 -224 109 15 -523 245 -13 673 -764
Net Cash From Operating Activities
820 866 -256 -73 654 765 -252 137 528 558 -145
Net Cash From Continuing Operating Activities
820 866 -256 -73 654 765 -252 137 528 558 -145
Net Income / (Loss) Continuing Operations
224 206 169 272 247 338 256 175 232 -56 232
Consolidated Net Income / (Loss)
224 206 169 272 247 338 256 175 232 -56 232
Depreciation Expense
26 27 25 28 25 26 26 32 29 30 30
Amortization Expense
96 97 96 99 98 99 99 100 99 103 133
Non-Cash Adjustments To Reconcile Net Income
257 169 -178 -328 -121 88 -100 -69 -81 367 -1.60
Changes in Operating Assets and Liabilities, net
217 368 -368 -144 405 212 -533 -101 250 115 -539
Net Cash From Investing Activities
-1,529 -649 -1,043 -1,179 -1,057 -332 -138 -273 -812 -1,201 -657
Net Cash From Continuing Investing Activities
-1,529 -649 -1,043 -1,179 -1,057 -332 -138 -273 -812 -988 -657
Purchase of Property, Plant & Equipment
-13 -35 -27 -15 -79 -27 -20 -42 -46 -70 -72
Purchase of Investments
-301 -250 -234 -270 -160 -93 -267 -234 -1,516 889 -748
Sale and/or Maturity of Investments
146 154 218 168 139 84 318 226 606 257 168
Other Investing Activities, net
-379 -519 -505 -1,054 -957 -296 -168 -402 147 -2,065 -5.10
Net Cash From Financing Activities
213 96 959 1,028 506 -386 -159 391 274 909 88
Net Cash From Continuing Financing Activities
213 96 959 1,028 506 -386 -159 391 274 1,071 88
Repayment of Debt
- - - - - - - - - -1,213 50
Repurchase of Preferred Equity
- - 175 - - - 0.00 - - 5.30 39
Repurchase of Common Equity
-50 -27 -14 -3.60 -52 -186 -59 -12 -102 -102 -5.80
Payment of Dividends
-206 -141 123 127 -155 -58 -118 -136 -33 -130 5.60
Other Financing Activities, net
469 252 675 891 713 148 18 531 -554 2,497 -0.70
Cash Interest Paid
7.10 72 4.30 43 8.40 66 11 41 16 46 9.90
Cash Income Taxes Paid
107 11 13 191 21 7.80 27 292 40 78 28

Annual Balance Sheets for Franklin Resources

This table presents Franklin Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
16,336 16,099 17,534 14,384 14,532 21,685 24,168 28,061 30,121 32,465
Total Current Assets
21,705 10,791 14,613 10,089 9,101 9,415 13,406 15,731 17,777 19,479
Cash & Equivalents
16,736 8,483 8,750 6,911 5,958 3,990 4,647 4,783 4,402 4,409
Short-Term Investments
4,109 1,513 4,861 2,109 2,304 4,074 7,330 9,549 11,859 13,373
Accounts Receivable
860 794 1,002 848 839 1,351 1,428 1,399 1,515 1,697
Plant, Property, & Equipment, net
510 523 517 535 684 814 770 743 800 946
Plant, Property & Equipment, gross
510 523 517 535 684 814 770 743 800 946
Total Noncurrent Assets
2,510 4,786 2,404 3,760 4,748 11,574 9,993 11,721 11,711 12,257
Goodwill
2,257 2,211 2,228 2,333 2,130 4,501 4,458 5,779 6,004 6,211
Intangible Assets
- - - - 864 4,914 4,710 5,082 4,902 4,802
Other Noncurrent Operating Assets
253 2,575 177 1,427 1,754 2,159 825 860 805 1,243
Total Liabilities & Shareholders' Equity
16,336 16,099 17,534 14,384 14,532 21,685 24,168 28,061 30,121 32,465
Total Liabilities
3,780 3,510 2,656 3,132 3,161 10,274 11,425 14,236 16,547 17,900
Total Current Liabilities
1,154 1,063 1,189 1,687 1,521 3,694 2,249 2,165 1,861 4,586
Accounts Payable
268 299 292 227 304 1,038 1,037 1,113 880 1,413
Current Deferred & Payable Income Tax Liabilities
- - 75 1,035 825 703 694 523 514 406
Current Employee Benefit Liabilities
433 - - - - - - - - 1,801
Other Current Liabilities
- 357 397 - 0.00 1,685 518 528 468 965
Total Noncurrent Liabilities
2,669 2,521 1,476 1,454 1,641 6,591 9,189 12,246 14,711 13,354
Long-Term Debt
2,155 2,083 1,098 729 748 5,818 7,070 8,834 11,285 12,122
Noncurrent Deferred & Payable Income Tax Liabilities
241 162 171 127 120 305 312 348 450 285
Other Noncurrent Operating Liabilities
272 276 207 193 271 468 628 1,600 1,311 947
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
60 61 1,942 1,044 747 542 933 1,526 1,026 1,322
Total Equity & Noncontrolling Interests
12,496 12,528 12,936 10,208 10,624 10,869 11,811 12,299 12,548 13,243
Total Preferred & Common Equity
11,841 11,936 12,620 9,899 9,907 10,115 11,223 11,475 11,917 12,508
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
11,841 11,936 12,620 9,899 9,907 10,115 11,223 11,475 11,917 12,508
Common Stock
60 57 56 52 50 50 50 50 50 1,000
Retained Earnings
12,095 12,226 12,849 10,218 10,288 10,473 11,551 12,046 12,377 11,928
Accumulated Other Comprehensive Income / (Loss)
-314 -347 -285 -371 -432 -408 -378 -621 -509 -420
Noncontrolling Interest
655 592 316 309 718 755 587 824 631 735

Quarterly Balance Sheets for Franklin Resources

This table presents Franklin Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Total Assets
27,596 28,061 29,335 29,086 30,235 30,121 29,866 32,908 33,255 32,465 32,390
Total Current Assets
13,369 15,731 14,530 16,450 17,736 17,777 17,324 19,286 8,627 19,479 19,470
Cash & Equivalents
4,479 4,783 4,502 4,279 4,388 4,402 3,880 4,124 4,112 4,409 3,645
Short-Term Investments
7,475 9,549 8,736 10,799 11,888 11,859 11,680 13,527 2,945 13,373 14,290
Accounts Receivable
1,415 1,399 1,292 1,372 1,460 1,515 1,764 1,635 1,571 1,697 1,535
Plant, Property, & Equipment, net
759 743 760 750 806 800 807 899 905 946 978
Plant, Property & Equipment, gross
759 743 760 750 806 800 807 899 - 946 978
Total Noncurrent Assets
13,468 11,721 14,046 11,957 11,811 11,711 12,029 12,908 12,812 12,257 12,084
Goodwill
5,807 5,779 5,943 6,007 6,012 6,004 6,013 6,199 6,199 6,211 6,194
Intangible Assets
5,177 5,082 5,155 5,070 4,995 4,902 4,823 5,331 5,268 4,802 4,677
Other Noncurrent Operating Assets
2,484 860 2,948 880 804 805 1,193 1,378 1,346 1,243 1,212
Total Liabilities & Shareholders' Equity
27,596 28,061 29,335 29,086 30,235 30,121 29,866 32,908 33,255 32,465 32,390
Total Liabilities
13,817 14,236 14,800 15,683 16,645 16,547 16,150 18,072 18,354 17,900 17,050
Total Current Liabilities
2,279 2,165 2,404 1,989 2,072 1,861 2,487 2,635 915 4,586 3,986
Accounts Payable
993 1,113 1,199 979 1,129 880 1,001 1,318 532 1,413 1,446
Current Deferred & Payable Income Tax Liabilities
521 523 666 487 449 514 620 333 383 406 461
Current Employee Benefit Liabilities
- - - - - - - - - 1,801 1,132
Other Current Liabilities
555 528 539 523 495 468 865 983 - 965 946
Total Noncurrent Liabilities
11,560 12,246 12,397 13,721 14,600 14,711 13,688 24,618 7,084 13,354 22,131
Long-Term Debt
8,879 8,834 9,535 10,518 11,347 11,285 10,887 21,303 3,035 12,122 20,886
Noncurrent Deferred & Payable Income Tax Liabilities
291 348 258 340 451 450 393 438 421 285 280
Other Noncurrent Operating Liabilities
1,156 1,600 1,546 1,657 1,340 1,311 1,244 1,464 1,937 947 965
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
1,494 1,526 1,979 961 1,050 1,026 1,079 1,254 1,266 1,322 2,106
Total Equity & Noncontrolling Interests
12,285 12,299 12,556 12,443 12,539 12,548 12,638 13,582 13,635 13,243 13,234
Total Preferred & Common Equity
11,544 11,475 11,666 11,832 11,948 11,917 12,002 12,861 12,870 12,508 12,462
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
11,544 11,475 11,666 11,832 11,948 11,917 12,002 12,861 12,870 12,508 12,462
Common Stock
50 50 50 50 50 50 50 1,075 1,037 1,000 1,067
Retained Earnings
11,998 12,046 12,113 12,260 12,361 12,377 12,402 12,265 12,321 11,928 11,919
Accumulated Other Comprehensive Income / (Loss)
-504 -621 -496 -478 -463 -509 -450 -479 -488 -420 -524
Noncontrolling Interest
741 824 889 611 591 631 636 721 765 735 772

Annual Metrics and Ratios for Franklin Resources

This table displays calculated financial ratios and metrics derived from Franklin Resources' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-6.39% -16.74% -98.46% 6,000.79% 82.75% -50.91% 51.36% -1.78% -5.15% 8.01%
EBITDA Growth
-10.90% -17.27% 1.51% -13.83% -12.99% -40.57% 130.94% -20.36% -18.74% -26.24%
EBIT Growth
-11.25% -16.89% 2.00% -14.82% -14.91% -46.00% 140.12% -25.80% -26.22% -37.54%
NOPAT Growth
-7.65% -20.95% -4.43% -57.23% 57.82% -24.42% 98.11% -14.89% -38.21% -64.38%
Net Income Growth
-12.73% -16.49% 1.82% -58.50% 62.31% -34.71% 166.12% -36.35% -23.06% -40.73%
EPS Growth
-13.19% -10.64% 2.38% -53.82% 69.06% -32.34% 124.53% -29.13% -32.02% -50.58%
Operating Cash Flow Growth
5.33% -23.28% -34.28% 96.38% -87.96% 303.46% 14.96% 57.11% -44.33% -10.82%
Free Cash Flow Firm Growth
1,277.70% -114.30% 659.80% -97.72% 130.71% -2,329.10% 174.19% -72.79% -56.60% -110.83%
Invested Capital Growth
-49.99% 88.00% -44.45% 21.30% 25.83% 124.53% -17.99% 5.92% 5.46% 3.93%
Revenue Q/Q Growth
-3.42% -3.81% -98.41% 5,144.72% 97.73% 0.00% 0.00% -2.84% 0.60% 2.73%
EBITDA Q/Q Growth
-8.17% 1.10% 0.72% -8.83% 10.06% 116.16% 340.80% -4.43% 14.14% -27.63%
EBIT Q/Q Growth
-8.63% 1.64% 0.83% -9.43% 10.22% 165.56% 830.77% -7.33% 20.27% -38.52%
NOPAT Q/Q Growth
-5.68% -1.97% -1.62% -0.44% -12.70% 0.00% 0.00% -17.31% 0.23% -57.69%
Net Income Q/Q Growth
-10.59% 5.49% 0.20% -0.03% -12.17% -18.85% 41.69% -28.72% 14.71% -43.63%
EPS Q/Q Growth
-12.96% 5.00% -1.63% 12.10% -11.65% -22.44% 47.52% -24.70% 6.83% -47.85%
Operating Cash Flow Q/Q Growth
-11.41% 7.81% -25.33% 32.28% -69.85% 35.11% 11.20% 22.57% -8.56% -20.85%
Free Cash Flow Firm Q/Q Growth
174.94% -124.48% 872.52% -94.82% 115.53% -2,468.87% 156.59% 7.60% -86.84% 95.05%
Invested Capital Q/Q Growth
-2.46% 204.69% -2.94% 80.50% -3.31% 126.86% -22.37% -23.92% -0.16% -12.02%
Profitability Metrics
- - - - - - - - - -
Gross Margin
81.72% 79.44% 100.00% 77.59% 86.02% 66.34% 64.73% 62.66% 55.49% 54.81%
EBITDA Margin
41.24% 40.98% 2,706.88% 38.24% 18.20% 22.04% 33.62% 27.26% 23.36% 15.95%
Operating Margin
38.09% 35.75% 2,226.45% 32.69% 12.94% 18.84% 22.25% 21.44% 14.04% 4.81%
EBIT Margin
38.60% 38.53% 2,557.13% 35.70% 16.62% 18.29% 29.01% 21.91% 17.05% 9.86%
Profit (Net Income) Margin
26.48% 26.56% 1,759.78% 11.97% 10.63% 14.14% 24.86% 16.11% 13.07% 7.17%
Tax Burden Percent
69.50% 70.31% 70.21% 33.53% 73.16% 77.33% 85.70% 77.09% 76.66% 73.85%
Interest Burden Percent
98.71% 98.04% 98.02% 100.00% 87.42% 100.00% 100.00% 95.36% 100.00% 98.50%
Effective Tax Rate
30.50% 29.69% 29.79% 66.47% 26.84% 22.67% 14.30% 22.91% 23.34% 26.15%
Return on Invested Capital (ROIC)
52.64% 43.34% 40.80% 22.08% 28.15% 11.77% 18.51% 16.98% 9.93% 3.38%
ROIC Less NNEP Spread (ROIC-NNEP)
52.64% 42.26% 38.76% 21.45% 26.38% 12.30% 4.15% 17.63% 6.44% -2.57%
Return on Net Nonoperating Assets (RNNOA)
-35.81% -29.36% -27.76% -16.39% -17.49% -4.86% -1.17% -6.94% -2.44% 0.94%
Return on Equity (ROE)
16.84% 13.98% 13.03% 5.68% 10.66% 6.91% 17.34% 10.04% 7.49% 4.32%
Cash Return on Invested Capital (CROIC)
119.29% -17.77% 97.94% 2.83% 5.27% -64.98% 38.28% 11.23% 4.61% -0.48%
Operating Return on Assets (OROA)
18.77% 15.72% 15.46% 13.88% 13.04% 5.62% 10.66% 6.94% 4.60% 2.67%
Return on Assets (ROA)
12.88% 10.84% 10.64% 4.65% 8.34% 4.35% 9.14% 5.11% 3.53% 1.94%
Return on Common Equity (ROCE)
15.77% 13.22% 11.65% 4.90% 9.33% 6.07% 15.32% 8.57% 6.39% 3.75%
Return on Equity Simple (ROE_SIMPLE)
17.77% 14.73% 14.18% 7.50% 12.17% 7.78% 18.66% 11.62% 8.61% 4.86%
Net Operating Profit after Tax (NOPAT)
2,104 1,663 1,590 680 1,073 811 1,607 1,368 845 301
NOPAT Margin
26.47% 25.13% 1,563.17% 10.96% 9.46% 14.57% 19.07% 16.53% 10.77% 3.55%
Net Nonoperating Expense Percent (NNEP)
0.01% 1.08% 2.03% 0.63% 1.76% -0.53% 14.36% -0.66% 3.48% 5.95%
Cost of Revenue to Revenue
18.28% 20.56% 0.00% 22.41% 13.98% 33.66% 35.27% 37.34% 44.51% 45.19%
SG&A Expenses to Revenue
7.21% 8.27% 532.94% 9.92% 2.28% 13.27% 12.15% 12.87% 13.63% 15.61%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
43.63% 43.69% 4,058.90% 44.90% 60.15% 47.49% 42.48% 41.23% 41.44% 50.00%
Earnings before Interest and Taxes (EBIT)
3,068 2,550 2,601 2,215 1,885 1,018 2,444 1,814 1,338 836
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
3,278 2,712 2,753 2,372 2,064 1,227 2,833 2,256 1,833 1,352
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.31 1.19 1.39 1.28 1.20 0.86 1.19 0.85 0.98 0.84
Price to Tangible Book Value (P/TBV)
1.62 1.46 1.69 1.67 1.72 12.40 6.50 15.85 11.53 7.05
Price to Revenue (P/Rev)
1.96 2.15 172.82 2.04 1.05 1.56 1.59 1.18 1.49 1.24
Price to Earnings (P/E)
7.65 8.25 0.00 16.56 2.91 10.86 7.30 7.53 13.20 22.67
Dividend Yield
3.75% 2.91% 2.54% 3.83% 4.41% 6.17% 4.21% 5.94% 5.14% 6.15%
Earnings Yield
13.07% 12.13% 0.00% 6.04% 34.31% 9.21% 13.70% 13.28% 7.57% 4.41%
Enterprise Value to Invested Capital (EV/IC)
0.00 1.45 2.74 1.78 1.43 0.84 1.28 0.79 0.95 1.79
Enterprise Value to Revenue (EV/Rev)
0.00 1.10 75.07 0.97 0.54 1.44 1.18 0.80 1.06 1.92
Enterprise Value to EBITDA (EV/EBITDA)
0.00 2.69 2.77 2.54 2.94 6.52 3.52 2.92 4.55 12.04
Enterprise Value to EBIT (EV/EBIT)
0.00 2.86 2.94 2.72 3.22 7.85 4.08 3.63 6.23 19.48
Enterprise Value to NOPAT (EV/NOPAT)
0.00 4.38 4.80 8.85 5.66 9.85 6.21 4.81 9.87 54.07
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 4.22 6.72 2.70 22.63 7.38 8.01 3.36 7.65 16.76
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 2.00 69.06 30.23 0.00 3.00 7.28 21.24 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.20 0.19 0.09 0.09 0.09 0.53 0.55 0.64 0.83 1.47
Long-Term Debt to Equity
0.17 0.17 0.07 0.06 0.07 0.51 0.55 0.64 0.83 1.47
Financial Leverage
-0.68 -0.69 -0.72 -0.76 -0.66 -0.39 -0.28 -0.39 -0.38 -0.37
Leverage Ratio
1.31 1.29 1.22 1.22 1.28 1.59 1.90 1.97 2.12 2.22
Compound Leverage Factor
1.29 1.26 1.20 1.22 1.12 1.59 1.90 1.87 2.12 2.19
Debt to Total Capital
16.69% 15.93% 8.66% 8.36% 8.10% 34.78% 35.68% 38.99% 45.40% 59.57%
Short-Term Debt to Total Capital
2.39% 2.02% 1.92% 2.43% 2.05% 1.53% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
14.30% 13.91% 6.74% 5.93% 6.04% 33.25% 35.68% 38.99% 45.40% 59.57%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.74% 4.36% 13.86% 11.01% 11.84% 7.41% 7.67% 10.37% 6.67% 5.71%
Common Equity to Total Capital
78.57% 79.71% 77.48% 80.63% 80.07% 57.81% 56.64% 50.64% 47.94% 34.72%
Debt to EBITDA
0.77 0.88 0.51 0.43 0.49 4.96 2.50 3.92 6.16 15.87
Net Debt to EBITDA
-5.59 -2.81 -4.43 -3.37 -3.52 -1.61 -1.73 -2.44 -2.71 2.72
Long-Term Debt to EBITDA
0.66 0.77 0.40 0.31 0.36 4.74 2.50 3.92 6.16 15.87
Debt to NOPAT
1.20 1.43 0.89 1.51 0.93 7.50 4.40 6.46 13.35 71.31
Net Debt to NOPAT
-8.71 -4.58 -7.67 -11.76 -6.76 -2.44 -3.05 -4.02 -5.89 12.23
Long-Term Debt to NOPAT
1.02 1.25 0.69 1.07 0.70 7.17 4.40 6.46 13.35 71.31
Altman Z-Score
6.12 5.16 6.41 5.06 5.08 1.91 2.61 2.10 2.04 1.76
Noncontrolling Interest Sharing Ratio
6.31% 5.44% 10.60% 13.82% 12.45% 12.12% 11.66% 14.57% 14.63% 13.20%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
18.81 10.16 12.29 5.98 5.99 2.55 5.96 7.27 9.55 4.25
Quick Ratio
18.81 10.16 12.29 5.85 5.99 2.55 5.96 7.27 9.55 4.25
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
4,768 -682 3,817 87 201 -4,480 3,323 904 392 -43
Operating Cash Flow to CapEx
3,273.26% 1,770.18% 1,515.89% 2,093.62% 114.89% 1,044.65% 1,570.49% 2,166.89% 731.99% 548.45%
Free Cash Flow to Firm to Interest Expense
120.41 -13.66 74.11 0.00 8.97 0.00 0.00 9.21 0.00 -0.44
Operating Cash Flow to Interest Expense
56.87 34.62 22.05 0.00 11.99 0.00 0.00 19.93 0.00 9.99
Operating Cash Flow Less CapEx to Interest Expense
55.13 32.67 20.59 0.00 1.55 0.00 0.00 19.01 0.00 8.17
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.49 0.41 0.01 0.39 0.78 0.31 0.37 0.32 0.27 0.27
Accounts Receivable Turnover
8.60 8.00 0.11 6.71 13.44 5.08 6.06 5.85 5.39 5.28
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
15.27 12.81 0.20 11.79 18.61 7.43 10.64 10.94 10.17 9.71
Accounts Payable Turnover
5.20 4.80 0.00 5.37 5.97 2.79 2.86 2.87 3.51 3.34
Days Sales Outstanding (DSO)
42.45 45.61 3,223.27 54.41 27.15 71.81 60.21 62.35 67.75 69.14
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
70.26 76.00 0.00 68.03 61.19 130.75 127.47 127.01 104.09 109.21
Cash Conversion Cycle (CCC)
-27.81 -30.39 3,223.27 -13.62 -34.04 -58.93 -67.27 -64.67 -36.34 -40.07
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,665 5,010 2,783 3,376 4,249 9,539 7,823 8,286 8,739 9,082
Invested Capital Turnover
1.99 1.72 0.03 2.01 2.97 0.81 0.97 1.03 0.92 0.95
Increase / (Decrease) in Invested Capital
-2,664 2,345 -2,227 593 872 5,291 -1,717 463 453 344
Enterprise Value (EV)
-2,048 7,282 7,634 6,015 6,075 7,993 9,977 6,580 8,337 16,276
Market Capitalization
15,568 14,240 17,576 12,656 11,871 8,674 13,364 9,728 11,657 10,538
Book Value per Share
$19.29 $20.72 $22.63 $18.78 $19.67 $20.42 $22.32 $23.02 $23.88 $23.92
Tangible Book Value per Share
$15.61 $16.88 $18.63 $14.35 $13.72 $1.41 $4.09 $1.23 $2.03 $2.86
Total Capital
15,071 14,975 16,289 12,278 12,373 17,497 19,814 22,659 24,859 36,028
Total Debt
2,515 2,385 1,411 1,026 1,002 6,086 7,070 8,834 11,285 21,463
Total Long-Term Debt
2,155 2,083 1,098 729 748 5,818 7,070 8,834 11,285 21,463
Net Debt
-18,330 -7,611 -12,200 -7,994 -7,260 -1,978 -4,907 -5,498 -4,977 3,681
Capital Expenditures (CapEx)
69 98 75 107 234 104 79 90 149 177
Debt-free, Cash-free Net Working Capital (DFCFNWC)
66 34 126 -321 -428 -2,075 -821 -766 -346 -2,889
Debt-free Net Working Capital (DFNWC)
20,911 10,031 13,737 8,699 7,834 5,989 11,157 13,566 15,916 14,893
Net Working Capital (NWC)
20,551 9,729 13,423 8,401 7,580 5,721 11,157 13,566 15,916 14,893
Net Nonoperating Expense (NNE)
-0.56 -94 -200 -63 -132 24 -488 34 -181 -307
Net Nonoperating Obligations (NNO)
-9,890 -7,579 -12,094 -7,875 -7,122 -1,872 -4,921 -5,539 -4,835 -5,483
Total Depreciation and Amortization (D&A)
210 162 152 157 179 209 389 443 495 517
Debt-free, Cash-free Net Working Capital to Revenue
0.82% 0.51% 123.70% -5.17% -3.77% -37.28% -9.75% -9.25% -4.41% -34.08%
Debt-free Net Working Capital to Revenue
263.07% 151.56% 13,506.88% 140.21% 69.09% 107.59% 132.41% 163.93% 202.76% 175.67%
Net Working Capital to Revenue
258.54% 147.00% 13,198.82% 135.41% 66.85% 102.77% 132.41% 163.93% 202.76% 175.67%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.29 $2.94 $3.01 $1.39 $2.35 $1.59 $3.58 $2.53 $1.72 $0.85
Adjusted Weighted Average Basic Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Adjusted Diluted Earnings per Share
$3.29 $2.94 $3.01 $1.39 $2.35 $1.59 $3.57 $2.53 $1.72 $0.85
Adjusted Weighted Average Diluted Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
601.49M 568.81M 553.91M 513.09M 498.07M 504.59M 501.80M 499.56M 494.58M 523.67M
Normalized Net Operating Profit after Tax (NOPAT)
2,104 1,663 1,590 1,420 1,073 811 1,607 1,368 845 588
Normalized NOPAT Margin
26.47% 25.13% 1,563.17% 22.88% 9.46% 14.57% 19.07% 16.53% 10.77% 6.94%
Pre Tax Income Margin
38.10% 37.77% 2,506.49% 35.70% 14.53% 18.29% 29.01% 20.90% 17.05% 9.71%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
77.47 51.10 50.50 0.00 84.15 0.00 0.00 18.47 0.00 8.60
NOPAT to Interest Expense
53.13 33.33 30.87 0.00 47.91 0.00 0.00 13.93 0.00 3.10
EBIT Less CapEx to Interest Expense
75.74 49.14 49.04 0.00 73.71 0.00 0.00 17.55 0.00 6.78
NOPAT Less CapEx to Interest Expense
51.40 31.38 29.41 0.00 37.48 0.00 0.00 13.01 0.00 1.27
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
26.89% 23.93% -25.73% 263.53% -52.39% 15.72% -7.72% 28.74% -3.67% 68.43%
Augmented Payout Ratio
77.25% 98.34% 17.04% 455.37% 10.19% 43.44% 2.22% 42.30% 21.32% 113.57%

Quarterly Metrics and Ratios for Franklin Resources

This table displays calculated financial ratios and metrics derived from Franklin Resources' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-6.52% -11.10% -11.55% -7.39% -3.07% 2.43% 1.22% 11.71% 7.82% 11.33% 13.08%
EBITDA Growth
-20.11% -42.62% -56.00% -12.62% -13.94% 13.83% 30.39% -24.98% -5.64% -81.62% 4.41%
EBIT Growth
-27.13% -52.78% -67.08% -21.49% -18.29% 18.28% 44.57% -34.95% -9.25% -108.18% -5.43%
NOPAT Growth
-28.81% -47.28% -67.26% -46.63% -18.75% -1.87% 11.80% -49.99% -26.75% -138.12% 1.56%
Net Income Growth
-52.59% -72.31% -69.02% -23.95% 10.29% 63.93% 51.84% -35.81% -5.92% -116.52% -9.44%
EPS Growth
-41.86% -63.85% -63.64% -44.12% -12.00% 23.40% 56.25% -39.47% -27.27% -134.48% -42.00%
Operating Cash Flow Growth
324.77% 71.19% -254.03% -170.41% -20.19% -11.76% 1.72% 286.36% -19.24% -26.99% 42.36%
Free Cash Flow Firm Growth
90.41% -108.05% -2,558.13% -123.69% 552.52% 3.00% 532.21% -13.60% -158.92% -155.32% -93.54%
Invested Capital Growth
8.07% 5.92% 5.16% 7.75% -19.63% 5.46% -14.03% 6.81% 17.94% 3.93% 0.58%
Revenue Q/Q Growth
-2.39% -4.54% 1.45% -2.03% 2.17% 0.87% 0.25% 8.12% -1.39% 4.16% 1.83%
EBITDA Q/Q Growth
-6.44% -10.43% -25.92% 40.77% -7.86% 18.47% -15.14% -19.01% 15.89% -76.92% 381.98%
EBIT Q/Q Growth
-13.19% -13.89% -34.26% 59.76% -9.64% 24.64% -19.65% -28.11% 26.04% -111.23% 1,029.38%
NOPAT Q/Q Growth
-18.96% -2.42% -49.31% 33.17% 23.36% 17.86% -42.26% -40.43% 80.69% -161.33% 253.85%
Net Income Q/Q Growth
-37.73% -8.01% -17.94% 61.79% -9.70% 36.74% -23.99% -31.60% 32.34% -124.01% 516.70%
EPS Q/Q Growth
-26.47% -6.00% -31.91% 18.75% 15.79% 31.82% -13.79% -54.00% 39.13% -162.50% 245.00%
Operating Cash Flow Q/Q Growth
687.51% 5.68% -129.58% 71.40% 992.63% 16.84% -132.95% 154.23% 286.82% 5.64% -126.01%
Free Cash Flow Firm Q/Q Growth
-127.67% 65.43% -114.33% -15.54% 628.55% -107.41% 1,055.00% -130.37% -174.15% 67.89% 124.16%
Invested Capital Q/Q Growth
32.04% -23.92% 30.73% -17.95% -1.52% -0.16% 6.57% 1.94% 8.74% -12.02% 3.13%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
62.26% 60.39% 50.22% 56.03% 57.28% 58.40% 51.37% 52.24% 57.90% 57.45% 55.97%
EBITDA Margin
25.95% 24.35% 17.78% 25.55% 23.04% 27.06% 22.91% 17.16% 20.17% 4.47% 21.15%
Operating Margin
19.92% 17.97% 9.86% 13.24% 15.99% 17.03% 10.37% 6.01% 10.48% -6.82% 9.73%
EBIT Margin
19.92% 17.97% 11.65% 18.99% 16.80% 20.75% 16.63% 11.06% 14.14% -1.52% 13.91%
Profit (Net Income) Margin
11.01% 10.61% 8.58% 14.17% 12.52% 16.98% 12.87% 8.14% 10.93% -2.52% 10.31%
Tax Burden Percent
71.41% 80.92% 73.68% 74.62% 74.57% 81.80% 77.39% 73.62% 77.31% 120.56% 74.11%
Interest Burden Percent
77.37% 72.94% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 137.09% 100.00%
Effective Tax Rate
28.59% 19.08% 26.32% 25.38% 25.43% 18.20% 22.61% 26.38% 22.69% 0.00% 25.89%
Return on Invested Capital (ROIC)
11.56% 14.94% 5.51% 9.07% 9.47% 12.85% 6.27% 3.90% 7.01% -4.54% 6.74%
ROIC Less NNEP Spread (ROIC-NNEP)
14.03% 16.40% 4.73% 7.34% 9.17% 11.68% 3.89% 2.27% 5.74% -5.50% 5.40%
Return on Net Nonoperating Assets (RNNOA)
-2.83% -6.46% -1.12% -2.64% -2.59% -4.42% -1.12% -0.79% -1.90% 2.02% -1.93%
Return on Equity (ROE)
8.73% 8.49% 4.39% 6.43% 6.89% 8.43% 5.16% 3.10% 5.12% -2.52% 4.82%
Cash Return on Invested Capital (CROIC)
8.02% 11.23% 5.09% 3.06% 30.35% 4.61% 23.64% 1.88% -9.00% -0.48% 2.68%
Operating Return on Assets (OROA)
6.69% 5.70% 3.44% 5.44% 4.53% 5.60% 4.42% 2.89% 3.68% -0.41% 3.91%
Return on Assets (ROA)
3.70% 3.36% 2.53% 4.06% 3.38% 4.58% 3.42% 2.13% 2.84% -0.68% 2.89%
Return on Common Equity (ROCE)
7.45% 7.25% 3.68% 5.62% 5.91% 7.19% 4.32% 2.71% 4.46% -2.19% 4.05%
Return on Equity Simple (ROE_SIMPLE)
16.20% 0.00% 8.20% 7.36% 7.48% 0.00% 9.28% 8.50% 8.38% 0.00% 4.68%
Net Operating Profit after Tax (NOPAT)
289 282 143 190 235 277 160 95 172 -105 162
NOPAT Margin
14.23% 14.54% 7.27% 9.88% 11.93% 13.93% 8.03% 4.42% 8.10% -4.77% 7.21%
Net Nonoperating Expense Percent (NNEP)
-2.47% -1.46% 0.79% 1.72% 0.31% 1.17% 2.38% 1.63% 1.27% 0.97% 1.35%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - 0.68% - - - 0.48%
Cost of Revenue to Revenue
37.74% 39.61% 49.78% 43.97% 42.72% 41.60% 48.63% 47.76% 42.10% 42.55% 44.03%
SG&A Expenses to Revenue
13.98% 14.05% 13.60% 14.14% 13.40% 13.40% 13.21% 16.27% 15.86% 16.89% 15.15%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
42.33% 42.42% 40.36% 42.80% 41.28% 41.36% 41.00% 46.23% 47.42% 64.27% 46.24%
Earnings before Interest and Taxes (EBIT)
405 349 229 366 331 412 331 238 300 -34 313
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
527 472 350 492 454 538 456 369 428 99 476
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.93 0.85 1.07 1.09 1.07 0.98 1.15 1.15 0.91 0.84 0.85
Price to Tangible Book Value (P/TBV)
19.21 15.85 21.88 17.07 13.55 11.53 11.83 11.12 8.38 7.05 6.68
Price to Revenue (P/Rev)
1.26 1.18 1.55 1.64 1.63 1.49 1.75 1.83 1.42 1.24 1.22
Price to Earnings (P/E)
6.23 7.53 12.39 15.17 15.55 13.20 14.23 16.47 13.92 22.67 28.18
Dividend Yield
5.35% 5.94% 4.70% 4.59% 4.68% 5.14% 4.31% 4.34% 5.50% 6.15% 6.16%
Earnings Yield
16.06% 13.28% 8.07% 6.59% 6.43% 7.57% 7.03% 6.07% 7.19% 4.41% 3.55%
Enterprise Value to Invested Capital (EV/IC)
0.93 0.79 1.07 1.11 1.08 0.95 1.16 2.15 0.95 1.79 1.76
Enterprise Value to Revenue (EV/Rev)
1.19 0.80 1.45 1.26 1.21 1.06 1.38 2.52 1.18 1.92 1.88
Enterprise Value to EBITDA (EV/EBITDA)
4.28 2.92 6.41 5.68 5.89 4.55 5.58 10.78 5.23 12.04 11.99
Enterprise Value to EBIT (EV/EBIT)
5.17 3.63 8.62 7.93 8.50 6.23 7.52 14.70 7.19 19.48 20.12
Enterprise Value to NOPAT (EV/NOPAT)
6.12 4.81 10.86 10.97 11.22 9.87 12.56 26.26 13.73 54.07 54.03
Enterprise Value to Operating Cash Flow (EV/OCF)
6.33 3.36 7.57 7.29 7.94 7.65 9.90 15.10 7.96 16.76 15.26
Enterprise Value to Free Cash Flow (EV/FCFF)
12.03 7.28 21.60 37.77 3.17 21.24 4.55 118.35 0.00 0.00 65.62
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.66 0.64 0.66 0.78 0.84 0.83 0.79 1.44 0.20 1.47 1.36
Long-Term Debt to Equity
0.64 0.64 0.66 0.78 0.84 0.83 0.79 1.44 0.20 1.47 1.36
Financial Leverage
-0.20 -0.39 -0.24 -0.36 -0.28 -0.38 -0.29 -0.35 -0.33 -0.37 -0.36
Leverage Ratio
1.93 1.97 1.96 2.05 2.11 2.12 2.10 2.20 2.23 2.22 2.14
Compound Leverage Factor
1.49 1.43 1.96 2.05 2.11 2.12 2.10 2.20 2.23 3.05 2.14
Debt to Total Capital
39.74% 38.99% 39.61% 43.97% 45.50% 45.40% 44.25% 58.95% 16.92% 59.57% 57.66%
Short-Term Debt to Total Capital
0.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
38.83% 38.99% 39.61% 43.97% 45.50% 45.40% 44.25% 58.95% 16.92% 59.57% 57.66%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
9.77% 10.37% 11.92% 6.57% 6.58% 6.67% 6.97% 5.46% 11.32% 5.71% 7.94%
Common Equity to Total Capital
50.48% 50.64% 48.47% 49.46% 47.91% 47.94% 48.78% 35.59% 71.75% 34.72% 34.40%
Debt to EBITDA
3.85 3.92 5.27 6.05 7.06 6.16 5.61 11.25 1.62 15.87 15.22
Net Debt to EBITDA
-1.21 -2.44 -2.04 -2.62 -3.07 -2.71 -2.41 1.93 -2.15 2.72 2.15
Long-Term Debt to EBITDA
3.76 3.92 5.27 6.05 7.06 6.16 5.61 11.25 1.62 15.87 15.22
Debt to NOPAT
5.50 6.46 8.92 11.67 13.46 13.35 12.63 27.39 4.27 71.31 68.58
Net Debt to NOPAT
-1.73 -4.02 -3.46 -5.06 -5.85 -5.89 -5.42 4.70 -5.65 12.23 9.69
Long-Term Debt to NOPAT
5.37 6.46 8.92 11.67 13.46 13.35 12.63 27.39 4.27 71.31 68.58
Altman Z-Score
1.91 1.93 1.88 1.99 1.95 1.94 1.99 1.89 1.46 1.68 1.76
Noncontrolling Interest Sharing Ratio
14.63% 14.57% 16.22% 12.56% 14.16% 14.63% 16.22% 12.56% 12.89% 13.20% 15.80%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
5.87 7.27 6.04 8.27 8.56 9.55 6.97 7.32 9.43 4.25 4.89
Quick Ratio
5.87 7.27 6.04 8.27 8.56 9.55 6.97 7.32 9.43 4.25 4.89
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-524 -181 -389 -449 2,373 -176 1,679 -510 -1,398 -449 108
Operating Cash Flow to CapEx
6,258.02% 2,496.83% -935.40% -475.97% 831.39% 2,800.37% -1,291.79% 327.58% 1,146.20% 799.71% -202.23%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.34 0.32 0.30 0.29 0.27 0.27 0.27 0.26 0.26 0.27 0.28
Accounts Receivable Turnover
6.14 5.85 5.49 5.73 5.43 5.39 5.15 5.39 5.45 5.28 5.30
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
11.27 10.94 10.58 10.53 9.97 10.17 10.05 9.82 9.65 9.71 9.79
Accounts Payable Turnover
3.48 2.87 2.78 3.14 3.24 3.51 3.17 3.19 4.47 3.34 3.15
Days Sales Outstanding (DSO)
59.48 62.35 66.54 63.65 67.25 67.75 70.82 67.77 67.02 69.14 68.90
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
104.89 127.01 131.33 116.10 112.72 104.09 115.29 114.43 81.57 109.21 115.88
Cash Conversion Cycle (CCC)
-45.41 -64.67 -64.79 -52.45 -45.47 -36.34 -44.46 -46.66 -14.55 -40.07 -46.99
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
10,891 8,286 10,832 8,888 8,753 8,739 9,312 9,493 10,323 9,082 9,366
Invested Capital Turnover
0.81 1.03 0.76 0.92 0.79 0.92 0.78 0.88 0.87 0.95 0.94
Increase / (Decrease) in Invested Capital
813 463 532 639 -2,138 453 -1,520 605 1,570 344 54
Enterprise Value (EV)
10,113 6,580 11,612 9,888 9,460 8,337 10,827 20,428 9,768 16,276 16,454
Market Capitalization
10,743 9,728 12,447 12,877 12,747 11,657 13,786 14,802 11,758 10,538 10,625
Book Value per Share
$23.09 $23.02 $23.35 $23.65 $23.86 $23.88 $24.27 $24.42 $24.46 $23.92 $23.80
Tangible Book Value per Share
$1.12 $1.23 $1.14 $1.51 $1.88 $2.03 $2.36 $2.53 $2.67 $2.86 $3.04
Total Capital
22,867 22,659 24,070 23,921 24,937 24,859 24,603 36,139 17,936 36,028 36,226
Total Debt
9,089 8,834 9,535 10,518 11,347 11,285 10,887 21,303 3,035 21,463 20,886
Total Long-Term Debt
8,879 8,834 9,535 10,518 11,347 11,285 10,887 21,303 3,035 21,463 20,886
Net Debt
-2,866 -5,498 -3,703 -4,560 -4,928 -4,977 -4,674 3,652 -4,022 3,681 2,951
Capital Expenditures (CapEx)
13 35 27 15 79 27 20 42 46 70 72
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-655 -766 -1,112 -617 -612 -346 -723 -999 656 -2,889 -2,450
Debt-free Net Working Capital (DFNWC)
11,299 13,566 12,126 14,461 15,664 15,916 14,837 16,652 7,712 14,893 15,485
Net Working Capital (NWC)
11,089 13,566 12,126 14,461 15,664 15,916 14,837 16,652 7,712 14,893 15,485
Net Nonoperating Expense (NNE)
65 76 -26 -83 -12 -60 -96 -80 -60 -50 -70
Net Nonoperating Obligations (NNO)
-2,888 -5,539 -3,703 -4,515 -4,837 -4,835 -4,404 -5,343 -4,579 -5,483 -5,974
Total Depreciation and Amortization (D&A)
123 124 121 126 123 125 125 131 128 133 163
Debt-free, Cash-free Net Working Capital to Revenue
-7.69% -9.25% -13.87% -7.84% -7.85% -4.41% -9.18% -12.34% 7.95% -34.08% -28.04%
Debt-free Net Working Capital to Revenue
132.66% 163.93% 151.22% 183.88% 200.76% 202.76% 188.45% 205.60% 93.45% 175.67% 177.20%
Net Working Capital to Revenue
130.20% 163.93% 151.22% 183.88% 200.76% 202.76% 188.45% 205.60% 93.45% 175.67% 177.20%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.50 $0.46 $0.32 $0.38 $0.44 $0.58 $0.50 $0.23 $0.32 ($0.20) $0.29
Adjusted Weighted Average Basic Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Adjusted Diluted Earnings per Share
$0.50 $0.47 $0.32 $0.38 $0.44 $0.58 $0.50 $0.23 $0.32 ($0.20) $0.29
Adjusted Weighted Average Diluted Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
498.36M 499.56M 500.36M 500.86M 498.98M 494.58M 526.56M 526.09M 523.00M 523.67M 525.40M
Normalized Net Operating Profit after Tax (NOPAT)
289 282 143 190 235 277 160 95 172 -105 162
Normalized NOPAT Margin
14.23% 14.54% 7.27% 9.88% 11.93% 13.93% 8.03% 4.42% 8.10% -4.77% 7.21%
Pre Tax Income Margin
15.41% 13.11% 11.65% 18.99% 16.80% 20.75% 16.63% 11.06% 14.14% -2.09% 13.91%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
5.83% 28.74% 26.50% 11.09% 5.10% -3.67% 18.26% 49.77% 39.11% 68.43% 50.09%
Augmented Payout Ratio
17.94% 42.30% 44.61% 21.91% 15.92% 21.32% 45.29% 78.03% 72.33% 113.57% 88.02%

Frequently Asked Questions About Franklin Resources' Financials

When does Franklin Resources's fiscal year end?

According to the most recent income statement we have on file, Franklin Resources' financial year ends in September. Their financial year 2024 ended on September 30, 2024.

How has Franklin Resources' net income changed over the last 9 years?

Franklin Resources' net income appears to be on a downward trend, with a most recent value of $607.90 million in 2024, falling from $2.10 billion in 2015. The previous period was $1.03 billion in 2023.

What is Franklin Resources's operating income?
Franklin Resources's total operating income in 2024 was $407.60 million, based on the following breakdown:
  • Total Gross Profit: $4.65 billion
  • Total Operating Expenses: $4.24 billion
How has Franklin Resources revenue changed over the last 9 years?

Over the last 9 years, Franklin Resources' total revenue changed from $7.95 billion in 2015 to $8.48 billion in 2024, a change of 6.7%.

How much debt does Franklin Resources have?

Franklin Resources' total liabilities were at $17.90 billion at the end of 2024, a 8.2% increase from 2023, and a 373.5% increase since 2015.

How much cash does Franklin Resources have?

In the past 9 years, Franklin Resources' cash and equivalents has ranged from $3.99 billion in 2020 to $16.74 billion in 2015, and is currently $4.41 billion as of their latest financial filing in 2024.

How has Franklin Resources' book value per share changed over the last 9 years?

Over the last 9 years, Franklin Resources' book value per share changed from 19.29 in 2015 to 23.92 in 2024, a change of 24.0%.



This page (NYSE:BEN) was last updated on 4/20/2025 by MarketBeat.com Staff
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