Saturday 17 October 2026 Export BEN’s income statement to Excel — free account

Franklin Resources Inc

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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 2.13

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 47.84%

Capital & Financial Ratios $m

Market Cap 15,940.00

Revenue 9,324.10

Net Income 1,137.20

Free Cash Flow 231.60

Net Debt 11,974.50

Current Ratio 1.48

Debt/Equity 1.22

P/E ratio 21.07

Fwd P/E 18.20

P/S ratio 1.71

P/B ratio 1.24

Past 5Y EPS Growth (10.56%)

This Y EPS Growth 30.59%

Next Y EPS Growth 8.99%

Next Y revenue growth 0.43%

Next 5Y EPS Growth 17.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 73.46%

10-year low 10-year high

P/S against its own 10 years 37.08%

10-year low 10-year high

P/B against its own 10 years 51.05%

10-year low 10-year high

Dividends

Payout Ratio 0.90

Annual Dividend Rate 1.32

Annual Dividend Yield 4.26%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.32	0.33 0.33 0.33
2025	1.29	0.32 0.32 0.32 0.33
2024	1.56	0.31 0.31 0.31 0.31 0.32
2023	1.20	0.30 0.30 0.30 0.30
2022	1.17	0.29 0.29 0.29 0.30
2021	1.13	0.28 0.28 0.28 0.29
2020	1.09	0.27 0.27 0.27 0.28
2019	1.05	0.26 0.26 0.26 0.27
2018	0.72	3.00 0.23 0.23 0.26
2017	0.83	0.20 0.20 0.20 0.23
2016	0.74	0.18 0.18 0.18 0.20

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	4,402	4,409	3,574	3,761
Receivables	1,348	1,479	1,542	1,567
Inventory	—	—	—	—
Other	—	420	—	—
	5,751	5,888	5,116	5,328

	2023	2024	2025	Q'26
Payables	880	1,413	1,678	1,877
ST’ Debt	—	—	—	—
Other	—	907	—	—
	3,058	3,621	3,646	3,608

Compound Annual Growth %

	10y	5y	3y
Sales	0.99%	9.52%	1.96%
Cash Flow	(7.21%)	(0.32%)	(18.32%)
Earnings	(13.55%)	(9.65%)	(27.50%)
Book Value	0.40%	3.66%	1.88%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	2,327	2,295	2,358	—	—
’25	2,252	2,111	2,064	2,344	8,771
’24	1,991	2,153	2,123	2,211	8,478
’23	1,967	1,927	1,969	1,986	7,849
’22	2,224	2,081	2,031	1,939	8,275
’21	1,995	2,077	2,173	2,181	8,426
’20	1,389	1,311	1,161	1,705	5,567

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(255)	(28)	581	—	—
’25	(145)	(50)	1,282	(21)	1,066
’24	(252)	137	528	558	971
’23	(256)	(73)	654	765	1,089
’22	166	104	820	866	1,957
’21	291	255	193	506	1,245
’20	32	109	562	381	1,083

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(246)	(32)	562	—	—
’25	(217)	(88)	1,268	(52)	912
’24	(271)	95	482	488	794
’23	(284)	(89)	576	737	940
’22	150	78	807	832	1,866
’21	278	248	179	462	1,166
’20	6	62	550	362	980

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.46	0.49	0.31	—	—
’25	0.29	0.26	0.15	0.21	0.91
’24	0.50	0.23	0.32	(0.19)	0.85
’23	0.32	0.38	0.44	0.58	1.72
’22	0.88	0.68	0.50	0.46	2.53
’21	0.67	0.74	0.86	1.30	3.57
’20	0.70	0.16	0.59	0.15	1.59

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	30.56	39.38	27.34	25.57	14.91	23.96	20.24	21.88	18.95	16.25	Analyst estimates 2026–2028 Powerpack
	High	42.18	47.65	45.96	35.82	27.60	38.27	36.45	34.37	29.41	26.08
People
People	Employees	9,100	9,400	9,700	9,600	11,800	10,300	9,800	9,200	10,200	9,800
	Revenue/emp, $m	0.73	0.68	0.64	0.59	0.47	0.82	0.84	0.85	0.83	0.89
Income, $m
Income, $m	Revenue	6,618	6,392	6,205	5,669	5,567	8,426	8,275	7,849	8,478	8,771
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	2,500	2,549	2,215	1,648	1,018	2,444	1,729	1,338	823	787
	EBT margin, %	37.77	39.88	35.70	29.06	18.29	29.01	20.90	17.05	9.71	8.97
	Net income	1,758	1,790	743	1,206	787	2,095	1,333	1,026	608	549
	Depreciation	162	152	157	179	209	389	443	495	517	612
Per share, $
Per share, $	Revenue	11.34	11.44	11.55	11.26	11.32	17.20	16.93	16.02	16.64	16.97
	Earnings	2.94	3.01	1.39	2.35	1.59	3.58	2.53	1.72	0.85	0.91
	Cash flow	2.96	2.03	4.15	0.53	2.20	2.54	4.00	2.22	1.91	2.06
	Capex	(0.17)	(0.13)	(0.20)	(0.46)	(0.21)	(0.16)	(0.18)	(0.30)	(0.35)	(0.30)
	Free cash flow	2.79	1.90	3.95	0.07	1.99	2.38	3.82	1.92	1.56	1.76
	Book value	21.46	23.15	19.00	21.10	22.10	24.11	25.17	25.61	25.99	25.17
	Shares, m	584	559	537	504	492	490	489	490	510	517
Valuation, ×
Valuation, ×	P/E	12.10	14.91	21.17	12.28	12.72	8.30	8.51	14.08	23.43	25.42
	P/S	3.14	3.91	2.64	2.56	1.80	1.73	1.27	1.51	1.21	1.36
	P/B	1.66	1.93	1.61	1.37	0.92	1.23	0.86	0.95	0.78	0.92
	EV/Sales	2.17	2.71	1.64	1.64	2.13	2.02	1.76	2.39	2.12	2.36
	EV/FCF	8.81	16.35	4.81	267.93	12.08	14.56	7.81	19.93	22.64	22.68
Cash, $m
Cash, $m	Operating cash flow	1,728	1,135	2,230	269	1,083	1,245	1,957	1,089	971	1,066
	Capex	(98)	(75)	(106)	(234)	(104)	(79)	(90)	(149)	(177)	(154)
	Free cash flow	1,630	1,061	2,123	35	980	1,166	1,866	940	794	912
Balance, $m
Balance, $m	Working capital	8,280	8,562	5,482	4,701	1,693	2,551	2,947	2,693	2,268	1,469
	Total debt	2,083	1,098	729	748	5,818	7,070	8,834	11,285	12,122	12,299
	Net debt	(6,400)	(7,652)	(6,182)	(5,210)	1,828	2,423	4,052	6,882	7,713	8,725
	Shareholders’ equity	12,528	12,936	10,208	10,624	10,869	11,811	12,299	12,548	13,243	13,007
Returns, %
Returns, %	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
	ROE	13.71	13.23	6.45	11.37	7.29	15.46	10.27	6.80	3.35	3.59

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TPG TPG Inc.	$16.7B	36.0×	14.3×	+100.04% (above 0%: growing)	n/m	−14.25% (below 0%: shrinking)	100.00%	20.65%	Compare
BEN Franklin Resources Inc	$15.9B	21.1×	18.2×	+14.26% (above 0%: growing)	+106.67% (above 0%: growing)	−55.71% (below 0%: shrinking)	100.00%	9.15%
CRBG Corebridge Financial, Inc.	$15.4B	20.1×	7.5×	+43.58% (above 0%: growing)	n/m	+83.01% (above 0%: growing)	31.27%	4.68%	Compare
EQH Equitable Holdings, Inc.	$14.6B	— (loss-making)	6.8×	−29.81% (below 0%: shrinking)	n/m	+89.52% (above 0%: growing)	50.84%	(26.36%)	Compare
OWL Blue Owl Capital Inc.	$14.0B	73.8×	28.8×	+7.10% (above 0%: growing)	−33.33% (below 0%: shrinking)	+9.82% (above 0%: growing)	100.00%	15.46%	Compare
ARCC Ares Capital Corporation	$13.6B	13.9×	12.0×	+3.09% (above 0%: growing)	−53.85% (below 0%: shrinking)	+254.13% (above 0%: growing)	100.00%	75.65%	Compare
CG Carlyle Group Inc.	$13.1B	36.0×	11.9×	−28.57% (below 0%: shrinking)	−57.30% (below 0%: shrinking)	+82.56% (above 0%: growing)	100.00%	39.97%	Compare
IVZ Invesco Ltd.	$12.7B	— (loss-making)	11.1×	+20.46% (above 0%: growing)	n/m	+32.67% (above 0%: growing)	65.65%	19.95%	Compare
SEIC SEI Investments Company	$12.6B	18.0×	15.6×	+14.66% (above 0%: growing)	−10.44% (below 0%: shrinking)	+30.30% (above 0%: growing)	100.00%	30.71%	Compare
Median of peers	$13.8B	28.1×	12.0×	+10.88%	−43.59%	+57.61%	100.00%	20.30%

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Franklin Resources Inc (BEN) key facts

Strength: Franklin Resources Inc’s revenue for fiscal 2025 (year ended September 2025) was $8.8 billion, up 3.45% from fiscal 2024.
Franklin Resources Inc (BEN) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, BEN traded at $30.98, a market capitalization of $15.9 billion.
Franklin Resources Inc pays an annual dividend of $1.32 per share, a yield of 4.26%, with a payout ratio of 89.8%.
Return on equity was 3.59% and debt-to-equity 1.22.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.