Companies / Financials
BEN
Franklin Resources
Asset Management & Custody Banks
Asset Management & Custody BanksAnalysis in progress
In progress
We are decoding this company's strategy and relationships
New analyses are published every weekday. Founding members get them first.
Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health58
Growth48
Profitability48
Cash generationn/a
Balance sheetn/a
Dilution control77
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)14.3%Revenue growth (FY)7.3%Revenue CAGR (3y)6.3%Gross margin—Operating margin12.5%Net margin11.4%Free cash flow margin8.7%R&D / revenue—Stock comp / revenue2.1%Net debt / operating cash flow-2.09xCurrent ratio—Diluted share count change-0.4%
| Fiscal year ending | FY 2022-09 | FY 2023-09 | FY 2024-09 | FY 2025-09 | FY 2026-09 |
|---|---|---|---|---|---|
| Revenue | $8.3B | $7.8B | $8.5B | $8.8B | $9.4B |
| Operating income | $1.8B | $1.1B | $408M | $604M | $1.2B |
| Net income | $1.3B | $883M | $465M | $525M | $1.1B |
| Operating cash flow | $2.0B | $1.1B | $971M | $1.1B | $837M |
| Capital expenditure | $90M | $149M | $177M | $154M | $20M |
| Free cash flow | $1.9B | $940M | $794M | $912M | $816M |
| Stock-based comp | $208M | $183M | $246M | $215M | $197M |
| Buybacks | $181M | $256M | $274M | $240M | $533M |
| Dividends | $583M | $607M | $656M | $684M | $698M |
| Cash | $4.8B | $4.4B | $4.4B | $3.6B | $4.4B |
| Total debt | $3.4B | $3.1B | $2.8B | $2.4B | $2.6B |
| Equity | $11.5B | $11.9B | $12.5B | $12.1B | $11.9B |
StratGraph publishes general, impersonal research about public companies based on public filings. It is not investment advice, not a recommendation to buy, sell or hold any security, and not tailored to any reader's circumstances. Content may contain errors and may be partly generated with AI tools; verify against the original filings, which are linked. Authors may not trade securities discussed within the window set by our trading policy. Full disclaimer.