Franklin Resources Inc

BEN Financial Asset Management

Franklin Resources Inc’s revenue for fiscal 2025 (year ended September 2025) was $8.8 billion, up 3.45% from fiscal 2024. In the quarter to June 2026, revenue grew 14.3%, EPS grew 106.7%, free cash flow fell 55.7% and total debt rose 28.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three; insiders bought in the last twelve months.

30.98 0.40 −1.27%
Market cap
$15.9B
P/E
21.1×
Fwd P/E
18.2×
Dividend yield
4.26%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Sep '16 Sep '17 Sep '18 Sep '19 Sep '20 Sep '21 Sep '22 Sep '23 Sep '24 Sep '25
Piotroski F-Score
— 4 6 5 4 7 5 3 5 5
P/E ratio
12.10 14.91 21.17 12.28 12.72 8.30 8.51 14.08 23.43 25.42
P/S ratio
3.14 3.91 2.64 2.56 1.80 1.73 1.27 1.51 1.21 1.36
P/FCF ratio
12.74 23.57 7.72 417.64 10.22 12.49 5.63 12.61 12.93 13.11
P/Operating CF
36.93 141.14 22.72 146.51 26.29 28.77 12.14 15.52 18.39 (577.36)
P/B ratio
1.66 1.93 1.61 1.37 0.92 1.23 0.86 0.95 0.78 0.92
Price to Tangible BV
2.01 2.33 2.08 1.90 6.88 5.51 7.31 7.23 4.60 4.54
EV/Sales
2.17 2.71 1.64 1.64 2.13 2.02 1.76 2.39 2.12 2.36
EV/EBITDA
5.68 7.18 4.67 5.66 9.41 7.50 6.57 11.73 19.45 17.01
EV/Operating CF
8.32 15.27 4.58 34.73 10.93 13.64 7.45 17.21 18.51 19.39
EV/FCF
8.81 16.35 4.81 267.93 12.08 14.56 7.81 19.93 22.64 22.68
Quick Ratio
9.30 8.20 3.41 2.96 1.48 1.72 1.95 1.88 1.63 1.40
Current Ratio
9.30 8.20 3.41 3.05 1.48 1.72 1.95 1.88 1.63 1.40
Net Debt/EBITDA
(2.53) (3.17) (2.83) (3.16) 1.45 1.07 1.83 4.31 8.34 7.18
Debt/Assets
12.94% 6.26% 5.06% 5.15% 26.83% 29.25% 31.48% 37.46% 37.34% 38.00%
Debt/Equity
0.17 0.08 0.07 0.07 0.54 0.60 0.72 0.90 0.92 0.95
Asset Turnover
0.41 0.38 0.39 0.39 0.31 0.37 0.32 0.27 0.27 0.27
Operating CF/Net income
1.01 0.67 2.99 0.23 1.38 0.71 1.58 1.29 2.25 2.26
Capex/Depreciation
(0.60) (0.49) (0.68) (1.30) (0.50) (0.20) (0.20) (0.30) (0.34) (0.25)
Interest Coverage
47.41 43.97 43.81 65.49 31.40 21.96 18.06 8.91 4.19 6.37
ROE
13.71% 13.23% 6.45% 11.37% 7.29% 15.46% 10.27% 6.80% 3.35% 3.59%
ROA
10.58% 10.02% 4.68% 8.19% 4.33% 7.65% 4.74% 2.91% 1.38% 1.46%
ROIC
24.13% 26.78% 31.49% 16.93% 5.16% 8.23% 6.78% 3.55% 1.22% 1.74%
Return on Tangible Assets
19.49% 18.55% 12.41% 22.00% 31.25% 52.80% 33.54% 24.20% 13.45% 19.50%
Average Days of Receivables
43.81 57.21 49.88 54.02 80.86 61.87 55.79 62.70 63.68 64.16
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
64.25% 64.58% 67.28% 73.87% 80.19% 74.99% 75.16% 81.61% 86.61% 85.89%
Intangible Assets out of Total Assets
0.14 0.13 0.16 0.21 0.43 0.38 0.39 0.36 0.34 0.32
Share Based Compensation of Revenue
1.99% 1.93% 1.90% 1.97% 2.20% 2.04% 2.52% 2.33% 2.90% 2.45%
Graham Net Nets
0.27 0.21 0.22 0.21 (0.56) (0.43) (0.92) (1.00) (1.30) (1.19)
Graham Number
37.68 39.53 24.81 33.40 28.20 44.07 37.85 31.48 22.43 22.70
Earnings Yield
8.27% 6.71% 4.72% 8.14% 7.86% 12.05% 11.76% 7.10% 4.27% 3.93%
Free Cash Flow Yield
7.85% 4.24% 12.96% 0.24% 9.79% 8.01% 17.75% 7.93% 7.74% 7.63%
Revenue per Share
11.34 11.44 11.55 11.26 11.32 17.20 16.93 16.02 16.64 16.97
Operating CF per Share
2.96 2.03 4.15 0.53 2.20 2.54 4.00 2.22 1.91 2.06
Capex per Share
(0.17) (0.13) (0.20) (0.46) (0.21) (0.16) (0.18) (0.30) (0.35) (0.30)
Free Cash Flow per Share
2.79 1.90 3.95 0.07 1.99 2.38 3.82 1.92 1.56 1.76
Cash per Share
14.53 15.66 12.86 11.83 8.11 9.49 9.79 8.98 8.65 6.92
Shareholders Equity per Share
21.46 23.15 19.00 21.10 22.10 24.11 25.17 25.61 25.99 25.17
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
21.46 23.15 19.00 21.10 22.10 24.11 25.17 25.61 25.99 25.17
Free Cash Flow
1,630.10 1,060.50 2,123.20 34.80 979.60 1,166.10 1,866.40 940.40 794.20 911.60
Working Capital
8,280.30 8,562.20 5,481.50 4,700.80 1,693.40 2,551.10 2,946.70 2,692.50 2,267.50 1,469.40
Capital Expenditures
(97.60) (74.90) (106.50) (233.70) (103.70) (79.30) (90.30) (148.80) (177.10) (154.50)
Net Current Asset Value
5,707.00 5,153.40 3,582.90 3,086.30 (5,592.50) (6,282.40) (9,714.40) (11,822.60) (13,333.50) (14,245.90)
EV/EBIT
6.07 7.66 5.03 6.36 11.29 9.06 8.21 17.01 44.11 34.23
Capex to Sales
0.01 0.01 0.02 0.04 0.02 0.01 0.01 0.02 0.02 0.02
Price to Operating Income
8.78 11.04 8.08 9.91 9.54 7.77 5.93 10.76 25.19 19.78
Other line items
Depreciation/Fixed assets
0.31 0.29 0.29 0.26 0.26 0.50 0.60 0.62 0.55 0.64
Cash ROIC
7.06% 4.65% 11.90% 0.20% 4.74% 4.96% 7.20% 3.33% 2.67% 3.16%
Accounts Receivable Turnover
8.11 7.12 6.71 6.72 5.37 6.33 6.15 6.01 6.00 5.81
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
816.15 898.10 924.90 843.45 1,036.05 1,330.65 1,346.50 1,306.60 1,413.75 1,510.40
Average Payables
331.30 371.35 379.70 398.20 739.95 1,037.70 1,075.20 996.40 1,146.25 1,545.60
Average Assets
16,217.25 16,816.40 15,958.75 14,457.85 18,108.35 22,926.45 26,114.50 29,090.90 31,292.85 32,416.40
Average Common Equity
12,512.00 12,732.00 11,571.85 10,416.05 10,746.65 11,339.85 12,054.75 12,423.35 12,895.40 13,124.90

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