Franklin Resources, Inc. (BEN) Financial Statements

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Franklin Resources financial statements at a glance

Franklin Resources reported revenue of $8.77 billion for fiscal year 2025 (ended September 30, 2025), up 3.5% from fiscal year 2024. Net income was $524.90 million, a net margin of 6.0%.

At the end of fiscal year 2025 it had total assets of $32.37 billion, total liabilities of $20.29 billion and shareholders' equity of $12.08 billion, with total debt of $12.30 billion.

Its operations brought in $1.07 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended September 30, 2025.

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Franklin Resources, Inc.

BENUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Revenue
8.77B
Prev Year: 8.48B
YoY: +3.5%
Total Revenue
-
Cost of Revenue
5.56B
Prev Year: 5.33B
YoY: +4.3%
Total Expenses
-
Gross Profit
3.21B
Prev Year: 3.14B
YoY: +2.1%
Pre-tax Income
-
SG&A Expenses
1.70B
Prev Year: 1.65B
YoY: +3.4%
Depreciation/Amortization
406.50M
Prev Year: 338.20M
YoY: +20.2%
Net Income Common Stockholders
-
Operating Expenses
8.17B
Prev Year: 8.07B
YoY: +1.2%
Diluted NI Available to Com Stockholders
-
Operating Income
604.10M
Prev Year: 407.60M
YoY: +48.2%
Basic EPS
-
Interest Inc.(Exp.),Net-Non-Op., Total
175.90M
Prev Year: 388.60M
YoY: -54.7%
Diluted EPS
-
Other, Net
6.80M
Prev Year: 27.00M
YoY: -74.8%
Weighted Average Shares (basic)
-
Net Income Before Taxes
786.80M
Prev Year: 823.20M
YoY: -4.4%
Weighted Average Shares (diluted)
-
Provision for Income Taxes
237.90M
Prev Year: 215.30M
YoY: +10.5%
Net Income from Continuing and Discontinued Operation
-
Net Income After Taxes
548.90M
Prev Year: 607.90M
YoY: -9.7%
Normalized Income
-
Net Income Before Extra. Items
524.90M
Prev Year: 464.80M
YoY: +12.9%
Reconciled Depreciation
-
Net Income
524.90M
Prev Year: 464.80M
YoY: +12.9%
Net Income from Continuing Operation Net Minority Interest
-
Total Adjustments to Net Income
-53.20M
Prev Year: -32.60M
YoY: -63.2%
Tax Rate for Calcs
-
Income Available to Com Excl ExtraOrd
471.70M
Prev Year: 432.20M
YoY: +9.1%
Tax Effect of Unusual Items
-
Income Available to Com Incl ExtraOrd
471.70M
Prev Year: 432.20M
YoY: +9.1%
Normalized EBITDA
-
Diluted Net Income
471.70M
Prev Year: 432.20M
YoY: +9.1%
Total Unusual Items
-
Diluted Weighted Average Shares
517.40M
Prev Year: 510.30M
YoY: +1.4%
Total Unusual Items Excluding Goodwill
-
Diluted EPS Excluding ExtraOrd Items
0.912
Prev Year: 0.847
YoY: +7.6%
Reconciled Cost of Revenue
-
DPS - Common Stock Primary Issue
1.28
Prev Year: 1.23
YoY: +4.1%
EBITDA
-
Diluted Normalized EPS
2.527
Prev Year: 2.143
YoY: +17.9%
EBIT
-
Unusual Expense (Income)
495.70M
Prev Year: 750.30M
YoY: -33.9%
Net Interest Income
-
Minority Interest
-24.00M
Prev Year: -143.10M
YoY: +83.2%
Interest Expense
-
Values in USD

Franklin Resources key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$8.8B$8.5B$7.8B$8.3B$8.4B
Gross profit$3.2B$3.1B$3.1B$3.3B$7.0B
Operating income$604.1M$407.6M$1.1B$1.8B$2.1B
Net income$524.9M$464.8M$882.8M$1.3B$1.8B
Diluted EPS––––$3.57
Total assets$32.4B$32.5B$30.1B$28.1B$24.2B
Total liabilities$20.3B$20.0B$18.2B$16.6B$11.4B
Shareholders' equity$12.1B$12.5B$11.9B$11.5B$11.2B
Cash––––$4.6B
Total debt$12.3B$12.1B$11.3B$8.8B$7.6B
Operating cash flow$1.1B$971.3M$1.1B$2.0B$1.2B
Capital spending––––$79.3M
Free cash flow––––$1.2B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2021.

Questions and answers

What was Franklin Resources's revenue in fiscal year 2025?

$8.77 billion, up 3.5% from $8.48 billion in fiscal year 2024.

How much profit does Franklin Resources make?

Franklin Resources reported net income of $524.90 million for fiscal year 2025 (6.0% of revenue); operating income was $604.10 million.

How much cash and debt does Franklin Resources have?

At the end of fiscal year 2025: total debt of $12.30 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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