Franklin Resources Inc (BEN) vs Blue Owl Capital Inc. (OWL)

Franklin Resources Inc and Blue Owl Capital Inc. are both Asset Management companies. Franklin Resources Inc is the larger, with a market value of $16.5B against $14.5B — 1.1× the size. Franklin Resources Inc trades at the lower P/E: 22.5× against 77.7×. Blue Owl Capital Inc. grew revenue faster over the last twelve months: 14.2% against 7.94%. Franklin Resources Inc has the higher net margin (8.14% vs 2.71%) and the lower return on invested capital (2.27% vs 3.63%). Both pay a dividend; Franklin Resources Inc yields more (4.61% vs 3.48%). Across the 22 metrics below, Blue Owl Capital Inc. leads on 12 and Franklin Resources Inc on 10.

Valuation

Metric BEN OWL Asset Management median
P/E 22.46 77.67 14.62
P/S 1.82 2.15 2.97
P/B 1.32 1.14 0.94
Price to free cash flow 73.45 4.85 8.93
EV/EBITDA 21.51 10.68 10.32
EV/Sales 3.11 3.18 5.72
Earnings yield 4.45% 1.29% 4.53%
Free cash flow yield 1.36% 20.63% 4.65%

Profitability

Metric BEN OWL Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 9.71% 16.91% 33.03%
Net margin 8.14% 2.71% 13.53%
Free cash flow margin 2.48% 44.26% 12.44%
Return on equity 5.84% 1.35% 4.83%
Return on assets 2.21% 0.66% 1.57%
Return on invested capital 2.27% 3.63% 3.04%

Growth

Metric BEN OWL Asset Management median
Revenue growth (TTM) 7.94% 14.19% 6.97%
EPS growth (last fiscal year) 7.06% (50.00%) —
Revenue growth, 5-year CAGR 9.52% 62.95% 12.13%
Net income growth, 5-year CAGR (9.65%) 0.00% 0.00%

Health

Metric BEN OWL Asset Management median
Debt to equity 1.22 0.68 0.42
Current ratio 1.48 0.54 1.28
Net debt to EBITDA 7.18 3.13 1.06

Dividend

Metric BEN OWL Asset Management median
Dividend yield 4.61% 3.48% 6.92%
Payout ratio 0.74 10.00 0.77

Size

Metric BEN OWL Asset Management median
Market cap 16.54b 14.53b 721.34m

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