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Franklin ResourcesBEN

Asset Management & Custody Banks · San Mateo, California · In the S&P 500
Cheaper than peers
$31.64−2.16%After hours: $31.64 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 37.9% over 1 year
Franklin Resources over 1 yearDaily close, $, to 30 Oct 2026
$25$30$35Nov2026MarMayJulSep$31.64$30NovMarJul$31.64
Source: Nasdaq daily closes
Market value$16.08B
Price to earnings21.6x
Forward P/E10.3x
Dividend yield4.17%
Year to date+32.4%
One year+37.9%
Next earningsFri 6 Nov, before the open
SectorFinancials
52-week range (closes)
$21.18$35.77

Quality and valuation

How Franklin Resources compares with other financials stocks. A description, not a recommendation.

Franklin Resources and 7 asset management & custody banks peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most financials companies, priced below most of them.

Franklin Resources trades at 10.3 times the next 12 months of expected earnings, against a median of 13.0x for the 84 financials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +7.9% vs +10.2%
  • Less profitable (operating margin): 9.7% vs 22.3%
BEN trades at 10.3x forward earnings, below the sector medianForward p/e, Asset Management & Custody Banks peers
AMP10.1xBEN10.3xKKR11.4xSTT11.6xAPO12.0xBNY15.2xBLK19.1xBX19.3xSector median 13.0xAMP10.1xBEN10.3xKKR11.4xSTT11.6xAPO12.0xBNY15.2xBLK19.1xBX19.3xSector median 13.0x
Source: CNBC quotes; Mostly Markets
At 21.5x earnings, BEN is cheaper than its average since Jul 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40xAverage 26.9x2025202621.5x40xAverage 26.9x2025202621.5x
Source: Nasdaq prices; SEC filings

Financials

From Franklin Resources's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 14.3% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$2.4bnQ3 ’26$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$2.4bnQ3 ’26
Source: SEC filings
Growth sped up to +14.3% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’2514.3%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2514.3%Q3 ’26
Source: SEC filings
Operating margin was 9.2% last quarterOperating income as a share of revenue, %
0%10%Q4 ’24Q2 ’25Q4 ’259.2%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’259.2%Q3 ’26
Source: SEC filings
Free cash flow by quarterQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25
Source: SEC filings
Last 12 monthsBENSector median
Revenue growth+7.9%+10.2%
Operating margin9.7%22.3%
Price to earnings21.6x14.6x

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