Franklin Resources (BEN)

Financials · $18.2B market cap · SEC CIK 0000038777

Next reports on Jan 28, 2027, with analysts expecting $0.76 in earnings per share.

52-week range $21.11 to $36.28. At its 52-week high and 72% above its low.

The case for BEN

• Earnings per share up 152.8%.
• Pays a 5.0% dividend while you wait.
• Within 1% of its 52-week high: the trend is up.
• Up 61.4% over the past year.

The case against

• Return on equity of only 7%.
• Swings harder than the market (beta 1.61).
• Dividend takes 85% of earnings, leaving little cushion.
• Value is weak (24/100): 22.4× earnings against a fair 20× for its growth, 2.0× sales.
• Net margin of 9% is thinner than 86% of Financials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
• Each factor except momentum is half fixed thresholds, half rank among the 76 Financials companies.

The financials

The financials, five years deep

Pulled from Franklin Resources's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Franklin Resources says it does

OVERVIEW Franklin Templeton, Inc., formerly named Franklin Resources, Inc. (“Franklin”), is a holding company with subsidiaries operating under our Franklin Templeton® and/or subsidiary brand names. Franklin’s common stock is traded on the New York Stock Exchange (the “NYSE”) under the ticker symbol “BEN” and is included in the Standard & Poor’s 500 Index. In this Annual Report, Franklin and its subsidiaries are collectively referred to as the “Company,” and words such as “we,” “us,” “our” and similar terms refer to the Company. We have one operating segment, investment management and related services. We changed our corporate name to Franklin Templeton, Inc. effective August 17, 2026 (“Name Change”). The Name Change reflects the continued evolution of Franklin Templeton as a unified global organization and alignment with the Franklin Templeton brand. This was a corporate name change only, and did not affect our corporate or capital…

Risk factors BEN lists in its 10-K

• Volatility and disruption of our business and financial markets and adverse changes in the global economy may significantly affect our results of operations and put pressure on our financial results
• The amount and mix of our AUM are subject to significant fluctuations, and a shift in our asset mix toward lower-fee products may negatively impact our revenues and income
• Our funds may be subject to liquidity risks or unanticipated large numbers of redemptions and fund closures
• Poor investment performance of our products could reduce the level of our AUM or affect our sales, and negatively impact our revenues and income
• Harm to our reputation may negatively impact our revenues and income
• Our business and operations are subject to adverse effects from the outbreak and spread of contagious diseases
• We may review and pursue strategic transactions that could pose risks to our business and global operations
• Our business operations are complex and a failure to perform operational tasks properly or comply with applicable regulatory requirements could have an adverse effect on our revenues and income
• Failure to establish adequate controls and risk management policies, or the circumvention of controls and policies, could have an adverse effect on our global operations, reputation and financial position
• We face risks, and corresponding potential costs and expenses, associated with conducting operations and growing our business in numerous countries
• Failure to properly address the increased transformative pressures affecting the investment management industry could negatively impact our business
• Strong competition from numerous and sometimes larger companies with competing offerings and products could limit or reduce sales of our products, potentially resulting in a decline in our market share, revenues and income
• Increasing competition and other changes in the third-party distribution and sales channels on which we depend could reduce our revenues and income and hinder our growth
• Any failure of our third-party providers to fulfill their obligations, or our failure to maintain good relationships with our providers, could adversely impact our business
• We may be adversely affected if any of our third-party providers is subject to a successful cyber or security attack
• Our ability to manage and grow our business successfully can be impeded by systems and other technological limitations
• Our inability to recover successfully, should we experience a disaster or other business continuity problem, could cause material financial loss, regulatory actions, legal liability, and/or reputational harm
• Developing regulatory and legislative treatment of AI, and failure to adequately address AI-related challenges, creates a risk of reputational harm and an impediment to growth
• We depend on key personnel and our financial performance could be negatively affected by the loss of their services
• Our ability to meet cash needs depends upon certain factors, including the market value of our assets, our operating cash flows and our perceived creditworthiness
• We are dependent on the earnings of our subsidiaries
• We are subject to extensive, complex, overlapping and frequently changing rules, regulations, policies, and legal interpretations
• We may be adversely affected as a result of new or revised legislation or regulations or by changes in the interpretation of existing laws and regulations, in the U.S. and other jurisdictions
• Failure to comply with the laws, rules or regulations in any of the jurisdictions in which we operate could result in substantial harm to our reputation and results of operations
• Changes in tax laws or exposure to additional income tax liabilities could have a material impact on our financial condition, revenues and income
• Our contractual obligations may subject us to indemnification costs and liability to third parties
• Failure to protect our intellectual property may negatively impact our business

Filings

Other Financials companies