# Franklin Resources Inc. (BEN)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $16.11B  
**Price:** $31.14 (-2.08%)

> Franklin Resources Inc. is a global investment management company operating primarily under the Franklin Templeton brand. The firm provides asset management and related services to retail, institutional, and high-net-worth clients across numerous jurisdictions worldwide. Its product lineup spans mutual funds, exchange-traded funds, separately managed accounts, alternative strategies, and multi-asset solutions, covering major asset classes such as equities, fixed income, alternatives, and money market strategies. Franklin Resources collaborates with a network of specialist investment managers, enabling a diversified set of investment styles and sector expertise tailored to different client needs and risk profiles. The company plays a significant role in global capital markets by allocating client capital to corporations, governments, and projects through actively managed portfolios. Founded in 1947 and headquartered in San Mateo, California, Franklin Resources today is recognized as one of the larger U.S.-based asset managers serving clients in many countries and contributing to liquidity and price discovery in financial markets.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.77B | — | $604M | $525M | — |
| 2024 | $8.48B | — | $408M | $465M | — |
| 2023 | $7.85B | — | $1.10B | $883M | — |
| 2022 | $8.28B | — | $1.77B | $1.29B | — |
| 2021 | $8.43B | — | $1.88B | $1.83B | — |
| 2020 | $5.57B | — | $1.05B | $799M | — |
| 2019 | $5.67B | — | $1.47B | $1.20B | — |
| 2018 | $6.20B | — | $2.03B | $764M | — |
| 2017 | $6.39B | — | $2.26B | $1.70B | — |
| 2016 | $6.62B | — | $2.37B | $1.73B | — |
| 2015 | $7.95B | — | $3.03B | $2.04B | — |
| 2014 | $8.49B | — | $3.22B | $2.38B | — |
| 2013 | $7.99B | — | $2.92B | $2.15B | — |
| 2012 | $7.10B | — | $2.52B | $1.93B | — |
| 2011 | $7.14B | — | $2.66B | $1.92B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $32.37B | $18.18B | $12.08B | — | $2.36B |
| 2024 | $32.46B | $17.90B | $12.51B | — | $2.78B |
| 2023 | $30.12B | $16.55B | $11.92B | — | $3.05B |
| 2022 | $28.06B | $14.24B | $11.47B | — | $3.38B |
| 2021 | $24.17B | $11.42B | $11.22B | $4.65B | $3.40B |
| 2020 | $21.68B | $10.27B | $10.11B | $3.99B | $3.02B |
| 2019 | $14.53B | $3.16B | $9.91B | $6.21B | $697M |
| 2018 | $14.38B | $3.13B | $9.90B | $6.91B | $696M |
| 2017 | $17.53B | $2.66B | $12.62B | $8.75B | $1.04B |
| 2016 | $16.10B | $3.51B | $11.94B | $8.48B | $1.40B |
| 2015 | $16.34B | $3.78B | $11.84B | $8.37B | $1.35B |
| 2014 | $16.36B | $3.91B | $11.58B | $7.60B | $1.20B |
| 2013 | $15.39B | $4.58B | $10.07B | $6.32B | $1.20B |
| 2012 | $14.75B | $4.96B | $9.20B | $6.05B | $1.57B |
| 2011 | $13.78B | $4.65B | $8.52B | $5.20B | $998M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.07B | $155M | $912M |
| 2024 | $971M | $177M | $794M |
| 2023 | $1.09B | $149M | $940M |
| 2022 | $1.96B | $90M | $1.87B |
| 2021 | $1.25B | $79M | $1.17B |
| 2020 | $1.08B | $104M | $980M |
| 2019 | $269M | $234M | $35M |
| 2018 | $2.23B | $107M | $2.12B |
| 2017 | $1.14B | $75M | $1.06B |
| 2016 | $1.73B | $98M | $1.63B |
| 2015 | $2.25B | $69M | $2.18B |
| 2014 | $2.14B | $53M | $2.08B |
| 2013 | $2.04B | $62M | $1.97B |
| 2012 | $1.07B | $78M | $988M |
| 2011 | $1.62B | $132M | $1.49B |

Source: [CompaniesByCap](https://companiesbycap.com/company/BEN)