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10-Q Filing

FRANKLIN RESOURCES INC CIK: 38777 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0000038777-21-000137
Period End Date 20210630
Filing Date 20210803
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance ben-20210630_htm.xml
Balance Sheet 82 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.03B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.36B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.21B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.99B USD Point-in-time
Receivables AccountsReceivableNet $1.23B USD Point-in-time
Receivables AccountsReceivableNet $1.36B USD Point-in-time
Investments Investments $1.62B USD Point-in-time
Investments Investments $1.30B USD Point-in-time
Investments, at fair value InvestmentsFairValueDisclosure $504.80M USD Point-in-time
Investments, at fair value InvestmentsFairValueDisclosure $635.10M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $813.80M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $752.60M USD Point-in-time
Goodwill Goodwill $4.50B USD Point-in-time
Goodwill Goodwill $4.52B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.91B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.75B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $534.80M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $475.20M USD Point-in-time
Other OtherAssets $319.50M USD Point-in-time
Other OtherAssets $313.00M USD Point-in-time
Total Assets Assets $21.68B USD Point-in-time
Total Assets Assets $23.13B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $1.06B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $976.40M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $426.90M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $460.50M USD Point-in-time
Commissions CommissionsPayableToBrokerDealersAndClearingOrganizations $268.00M USD Point-in-time
Commissions CommissionsPayableToBrokerDealersAndClearingOrganizations $282.20M USD Point-in-time
Income taxes AccruedIncomeTaxes $703.30M USD Point-in-time
Income taxes AccruedIncomeTaxes $653.00M USD Point-in-time
Debt LongTermDebt $3.48B USD Point-in-time
Debt LongTermDebt $3.02B USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet $321.20M USD Point-in-time
Deferred taxes DeferredIncomeTaxLiabilitiesNet $305.30M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $547.90M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $621.00M USD Point-in-time
Other OtherLiabilities $456.10M USD Point-in-time
Other OtherLiabilities $441.70M USD Point-in-time
Total liabilities Liabilities $10.65B USD Point-in-time
Total liabilities Liabilities $10.27B USD Point-in-time
Commitments and Contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $1.05B USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $541.90M USD Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 502,870,612 and 495,116,677 shares issued and outstanding at June 30, 2021 and September 30, 2020 CommonStockValue $49.50M USD Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 502,870,612 and 495,116,677 shares issued and outstanding at June 30, 2021 and September 30, 2020 CommonStockValue $50.30M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 495.12M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 502.87M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 502.87M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 495.12M shares Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $10.47B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $11.15B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-431.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-476.10M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-348.50M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-450.10M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-407.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-326.10M USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $10.11B USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $10.88B USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $555.60M USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $754.60M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.87B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.68B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.76B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.90B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.54B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.28B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.43B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $21.68B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $23.13B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $3.86B USD 3 Qtrs
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.17B USD 1 Quarter
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.16B USD 1 Quarter
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.24B USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $2.23B USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $386.50M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $771.40M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $1.14B USD 3 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $531.00M USD 1 Quarter
Sales, distribution and marketing SellingAndMarketingExpense $1.58B USD 3 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $368.60M USD 1 Quarter
Sales, distribution and marketing SellingAndMarketingExpense $1.24B USD 3 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $186.40M USD 3 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $355.80M USD 3 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $62.10M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $121.80M USD 1 Quarter
Occupancy OccupancyNet $100.40M USD 3 Qtrs
Occupancy OccupancyNet $164.10M USD 3 Qtrs
Occupancy OccupancyNet $31.50M USD 1 Quarter
Occupancy OccupancyNet $54.60M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $4.70M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $13.90M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $58.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $174.10M USD 3 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $158.00M USD 1 Quarter
General, administrative and other GeneralAndAdministrativeExpense $398.50M USD 3 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $237.50M USD 3 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $75.20M USD 1 Quarter
Total operating expenses OperatingExpenses $2.92B USD 3 Qtrs
Total operating expenses OperatingExpenses $4.90B USD 3 Qtrs
Total operating expenses OperatingExpenses $1.69B USD 1 Quarter
Total operating expenses OperatingExpenses $928.60M USD 1 Quarter
Operating Income OperatingIncomeLoss $478.10M USD 1 Quarter
Operating Income OperatingIncomeLoss $945.30M USD 3 Qtrs
Operating Income OperatingIncomeLoss $232.50M USD 1 Quarter
Operating Income OperatingIncomeLoss $1.34B USD 3 Qtrs
Investment and other income (losses), net OtherNonoperatingIncomeExpense $52.90M USD 1 Quarter
Investment and other income (losses), net OtherNonoperatingIncomeExpense $197.20M USD 3 Qtrs
Investment and other income (losses), net OtherNonoperatingIncomeExpense $-63.50M USD 3 Qtrs
Investment and other income (losses), net OtherNonoperatingIncomeExpense $49.60M USD 1 Quarter
Interest expense InterestExpense $25.70M USD 1 Quarter
Interest expense InterestExpense $5.20M USD 1 Quarter
Interest expense InterestExpense $15.00M USD 3 Qtrs
Interest expense InterestExpense $71.30M USD 3 Qtrs
Other Income (Expenses), Net NonoperatingIncomeExpense $37.30M USD 1 Quarter
Other Income (Expenses), Net NonoperatingIncomeExpense $362.70M USD 3 Qtrs
Other Income (Expenses), Net NonoperatingIncomeExpense $77.30M USD 1 Quarter
Other Income (Expenses), Net NonoperatingIncomeExpense $-127.00M USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $818.30M USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $269.80M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.71B USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $555.40M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $83.80M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $16.10M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $354.40M USD 3 Qtrs
Taxes on income IncomeTaxExpenseBenefit $157.70M USD 3 Qtrs
Net income ProfitLoss $471.60M USD 1 Quarter
Net income ProfitLoss $253.70M USD 1 Quarter
Net income ProfitLoss $1.35B USD 3 Qtrs
Net income ProfitLoss $660.60M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $31.30M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $33.70M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $64.40M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $11.80M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-68.00M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $121.90M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-500.00K USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-71.20M USD 3 Qtrs
Net Income Attributable to Franklin Resources, Inc. NetIncomeLoss $290.40M USD 1 Quarter
Net Income Attributable to Franklin Resources, Inc. NetIncomeLoss $1.17B USD 3 Qtrs
Net Income Attributable to Franklin Resources, Inc. NetIncomeLoss $438.40M USD 1 Quarter
Net Income Attributable to Franklin Resources, Inc. NetIncomeLoss $720.00M USD 3 Qtrs
Basic EarningsPerShareBasic $2.27 USD 3 Qtrs
Basic EarningsPerShareBasic $1.44 USD 3 Qtrs
Basic EarningsPerShareBasic $0.58 USD 1 Quarter
Basic EarningsPerShareBasic $0.86 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.58 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.27 USD 3 Qtrs
Diluted EarningsPerShareDiluted $0.86 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.44 USD 3 Qtrs
Cash Flow Statement 106 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $471.60M USD 1 Quarter
Net Income ProfitLoss $253.70M USD 1 Quarter
Net Income ProfitLoss $1.35B USD 3 Qtrs
Net Income ProfitLoss $660.60M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $86.90M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $126.60M USD 3 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $58.80M USD 3 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $60.10M USD 3 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $58.50M USD 3 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $70.90M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $4.70M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $13.90M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $58.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $174.10M USD 3 Qtrs
Losses (income) from investments in equity method investees IncomeLossFromEquityMethodInvestments $39.40M USD 1 Quarter
Losses (income) from investments in equity method investees IncomeLossFromEquityMethodInvestments $-110.30M USD 3 Qtrs
Losses (income) from investments in equity method investees IncomeLossFromEquityMethodInvestments $123.80M USD 3 Qtrs
Losses (income) from investments in equity method investees IncomeLossFromEquityMethodInvestments $10.00M USD 1 Quarter
Net (gains) losses on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $176.10M USD 3 Qtrs
Net (gains) losses on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $-103.00M USD 3 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $434.40M USD 3 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $558.50M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-34.50M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-42.30M USD 3 Qtrs
Other OtherNoncashIncomeExpense $40.80M USD 3 Qtrs
Other OtherNoncashIncomeExpense $1.10M USD 3 Qtrs
Decrease (increase) in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $-400.00K USD 3 Qtrs
Decrease (increase) in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $115.20M USD 3 Qtrs
Decrease in investments, net IncreaseDecreaseInTradingSecurities $-323.50M USD 3 Qtrs
Decrease in investments, net IncreaseDecreaseInTradingSecurities $-1.00M USD 3 Qtrs
Decrease in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-88.90M USD 3 Qtrs
Decrease in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-61.00M USD 3 Qtrs
Increase (decrease) in commissions payable IncreaseDecreaseInPayablesToBrokerDealers $14.20M USD 3 Qtrs
Increase (decrease) in commissions payable IncreaseDecreaseInPayablesToBrokerDealers $-42.00M USD 3 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-73.70M USD 3 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-50.40M USD 3 Qtrs
Decrease in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.70M USD 3 Qtrs
Decrease in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-44.60M USD 3 Qtrs
Increase in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $100.80M USD 3 Qtrs
Increase in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $15.50M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $702.60M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $739.30M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $624.80M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $426.90M USD 3 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $383.70M USD 3 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $529.50M USD 3 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $1.34B USD 3 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $2.73B USD 3 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $400.50M USD 3 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $1.15B USD 3 Qtrs
Decrease (increase) in loans receivable, net ProceedsFromPaymentsForLoansReceivablefromRelatedParties $-57.40M USD 3 Qtrs
Decrease (increase) in loans receivable, net ProceedsFromPaymentsForLoansReceivablefromRelatedParties $42.70M USD 3 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $34.90M USD 3 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $85.30M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $81.80M USD 3 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset - USD 3 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset $15.60M USD 3 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $601.20M USD 3 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $-135.90M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-464.20M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.94B USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $12.10M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $11.00M USD 3 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $418.60M USD 3 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $399.10M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $188.30M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $135.80M USD 3 Qtrs
Proceeds from issuance of debt ProceedsFromIssuanceOfSeniorLongTermDebt - USD 3 Qtrs
Proceeds from issuance of debt ProceedsFromIssuanceOfSeniorLongTermDebt $748.30M USD 3 Qtrs
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts - USD 3 Qtrs
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $6.70M USD 3 Qtrs
Payment on debt RepaymentsOfDebt $250.00M USD 3 Qtrs
Payment on debt RepaymentsOfDebt - USD 3 Qtrs
Proceeds from loan ProceedsFromOtherDebt $200.00K USD 3 Qtrs
Proceeds from loan ProceedsFromOtherDebt - USD 3 Qtrs
Payments on loan RepaymentsOfSecuredDebt $400.00K USD 3 Qtrs
Payments on loan RepaymentsOfSecuredDebt - USD 3 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $899.30M USD 3 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $1.64B USD 3 Qtrs
Payment on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $488.70M USD 3 Qtrs
Payment on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $194.10M USD 3 Qtrs
Payment for Contingent Consideration Liability, Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities - USD 3 Qtrs
Payment for Contingent Consideration Liability, Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities $100.00K USD 3 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $449.40M USD 3 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $447.20M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $579.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.54B USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $6.20M USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $25.10M USD 3 Qtrs
Increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $371.30M USD 3 Qtrs
Increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $823.60M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $7.03B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $4.36B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $6.21B USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $3.99B USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $7.03B USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $4.36B USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $6.21B USD Point-in-time
Cash and Cash Equivalents, End of Period CashAndCashEquivalentsAtCarryingValue $3.99B USD Point-in-time
Cash paid for income taxes IncomeTaxesPaid $434.60M USD 3 Qtrs
Cash paid for income taxes IncomeTaxesPaid $266.80M USD 3 Qtrs
Cash paid for interest InterestPaidNet $12.20M USD 3 Qtrs
Cash paid for interest InterestPaidNet $76.20M USD 3 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $75.70M USD 3 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $44.00M USD 3 Qtrs
Stockholders Equity 80 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $10.11B USD Point-in-time
Beginning balance StockholdersEquity $10.88B USD Point-in-time
Beginning balance MinorityInterest $555.60M USD Point-in-time
Beginning balance MinorityInterest $754.60M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.87B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.68B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.76B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.90B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.54B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.28B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.43B USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $473.40M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $339.10M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $376.10M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $222.40M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $87.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $437.90M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-18.50M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-33.80M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-99.90M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $81.50M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $55.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $26.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $22.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $92.90M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $144.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $134.60M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $134.60M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $143.70M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $135.30M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $143.30M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $46.40M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $45.60M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $45.80M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $123.60M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $100.00K USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $64.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $200.00K USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $14.20M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $33.70M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $29.00M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $1.00M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $16.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $28.10M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $42.10M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $40.50M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-900.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $25.80M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.40M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $96.30M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $76.30M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $16.50M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $93.30M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $35.60M USD 1 Quarter
Net subscriptions and other MinorityInterestPeriodIncreaseDecrease $87.90M USD 1 Quarter
Deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-600.00K USD 1 Quarter
Deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-31.60M USD 1 Quarter
Deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-487.00M USD 1 Quarter
Deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-700.00K USD 1 Quarter
Adjustment to fair value of redeemable noncontrolling interests MinorityInterestChangeInRedemptionValue $52.30M USD 1 Quarter
Acquisition NoncontrollingInterestIncreaseFromBusinessCombination $19.00M USD 1 Quarter
Ending balance StockholdersEquity $10.11B USD Point-in-time
Ending balance StockholdersEquity $10.88B USD Point-in-time
Ending balance MinorityInterest $555.60M USD Point-in-time
Ending balance MinorityInterest $754.60M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.87B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.68B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.76B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.90B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.54B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.28B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.43B USD Point-in-time
Dividends declared per share CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.27 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.27 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.27 USD 1 Quarter
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $471.60M USD 1 Quarter
Net Income ProfitLoss $253.70M USD 1 Quarter
Net Income ProfitLoss $1.35B USD 3 Qtrs
Net Income ProfitLoss $660.60M USD 3 Qtrs
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $26.10M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $22.60M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $81.30M USD 3 Qtrs
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-18.40M USD 3 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-200.00K USD 1 Quarter
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $200.00K USD 3 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax - USD 1 Quarter
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-200.00K USD 3 Qtrs
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 3 Qtrs
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-100.00K USD 1 Quarter
Net unrealized gains (losses) on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $100.00K USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-18.50M USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-33.80M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-99.90M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $81.50M USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $55.40M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $26.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $22.40M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $92.90M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $279.70M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $642.10M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.43B USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $494.00M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $31.30M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $33.70M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $64.40M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $11.80M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-68.00M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $121.90M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-500.00K USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-71.20M USD 3 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $701.50M USD 3 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $460.80M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $1.25B USD 3 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $316.40M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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