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10-Q Filing

FRANKLIN RESOURCES INC CIK: 38777 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0000038777-23-000072
Period End Date 20230331
Filing Date 20230501
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance ben-20230331_htm.xml
Balance Sheet 72 line items
Line Item Tag Value Unit Period
Investments, at fair value InvestmentsFairValueDisclosure $987.10M USD Point-in-time
Investments, at fair value InvestmentsFairValueDisclosure $613.50M USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred Stock, Par or Stated Value Per Share 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, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common Stock, Par or Stated Value Per Share 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 499.58M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 500.91M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 500.91M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 499.58M shares Point-in-time
Receivables AccountsReceivableNet $1.30B USD Point-in-time
Receivables AccountsReceivableNet $1.26B USD Point-in-time
Investments Investments $2.38B USD Point-in-time
Investments Investments $1.65B USD Point-in-time
Total investments, at fair value InvestmentsFairValueDisclosure $987.10M USD Point-in-time
Total investments, at fair value InvestmentsFairValueDisclosure $613.50M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $743.30M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $749.80M USD Point-in-time
Goodwill Goodwill $5.78B USD Point-in-time
Goodwill Goodwill $6.01B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.08B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.07B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $454.10M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $464.50M USD Point-in-time
Other OtherAssets $395.40M USD Point-in-time
Other OtherAssets $425.50M USD Point-in-time
Total Assets Assets $29.09B USD Point-in-time
Total Assets Assets $28.06B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $1.21B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $1.46B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $501.20M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $466.20M USD Point-in-time
Income taxes AccruedIncomeTaxes $523.10M USD Point-in-time
Income taxes AccruedIncomeTaxes $486.90M USD Point-in-time
Debt LongTermDebt $3.36B USD Point-in-time
Debt LongTermDebt $3.38B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $347.80M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $339.60M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $522.60M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $528.40M USD Point-in-time
Other OtherLiabilities $1.63B USD Point-in-time
Other OtherLiabilities $1.43B USD Point-in-time
Total liabilities Liabilities $14.24B USD Point-in-time
Total liabilities Liabilities $15.68B USD Point-in-time
Commitments and Contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $960.50M USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $1.53B 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
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 500,912,066 and 499,575,175 shares issued and outstanding at March 31, 2023 and September 30, 2022 CommonStockValue $50.10M USD Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 500,912,066 and 499,575,175 shares issued and outstanding at March 31, 2023 and September 30, 2022 CommonStockValue $50.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.05B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.26B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-478.40M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-621.00M USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $11.47B USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $11.83B USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $610.80M USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $824.30M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $28.06B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $29.09B USD Point-in-time
Income Statement 83 line items
Line Item Tag Value Unit Period
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.93B USD 1 Quarter
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $4.30B USD 2 Qtrs
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $3.89B USD 2 Qtrs
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.08B USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $847.30M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $752.50M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $1.83B USD 2 Qtrs
Compensation and benefits LaborAndRelatedExpense $1.56B USD 2 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $795.20M USD 2 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $482.40M USD 1 Quarter
Sales, distribution and marketing SellingAndMarketingExpense $992.50M USD 2 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $406.60M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $126.90M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $249.40M USD 2 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $128.00M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $250.70M USD 2 Qtrs
Occupancy OccupancyNet $114.20M USD 2 Qtrs
Occupancy OccupancyNet $109.30M USD 2 Qtrs
Occupancy OccupancyNet $53.00M USD 1 Quarter
Occupancy OccupancyNet $59.70M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $86.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $169.20M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $118.70M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $60.40M USD 1 Quarter
General, administrative and other GeneralAndAdministrativeExpense $144.50M USD 1 Quarter
General, administrative and other GeneralAndAdministrativeExpense $258.00M USD 2 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $290.70M USD 2 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $142.80M USD 1 Quarter
Total operating expenses OperatingExpenses $1.67B USD 1 Quarter
Total operating expenses OperatingExpenses $3.45B USD 2 Qtrs
Total operating expenses OperatingExpenses $1.62B USD 1 Quarter
Total operating expenses OperatingExpenses $3.28B USD 2 Qtrs
Operating Income OperatingIncomeLoss $449.10M USD 2 Qtrs
Operating Income OperatingIncomeLoss $463.00M USD 1 Quarter
Operating Income OperatingIncomeLoss $255.10M USD 1 Quarter
Operating Income OperatingIncomeLoss $1.02B USD 2 Qtrs
Investment and other income, net OtherNonoperatingIncomeExpense $84.70M USD 2 Qtrs
Investment and other income, net OtherNonoperatingIncomeExpense $27.70M USD 1 Quarter
Investment and other income, net OtherNonoperatingIncomeExpense $216.70M USD 2 Qtrs
Investment and other income, net OtherNonoperatingIncomeExpense $125.60M USD 1 Quarter
Interest expense InterestExpense $64.40M USD 2 Qtrs
Interest expense InterestExpense $42.20M USD 2 Qtrs
Interest expense InterestExpense $33.50M USD 1 Quarter
Interest expense InterestExpense $22.90M USD 1 Quarter
Expenses of consolidated investment products OtherNonoperatingExpense $9.80M USD 2 Qtrs
Expenses of consolidated investment products OtherNonoperatingExpense $2.20M USD 1 Quarter
Expenses of consolidated investment products OtherNonoperatingExpense $8.90M USD 2 Qtrs
Other Income, Net NonoperatingIncomeExpense $3.20M USD 1 Quarter
Other Income, Net NonoperatingIncomeExpense $175.90M USD 1 Quarter
Other Income, Net NonoperatingIncomeExpense $211.00M USD 2 Qtrs
Other Income, Net NonoperatingIncomeExpense $141.40M USD 2 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $660.10M USD 2 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.16B USD 2 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $466.20M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $431.00M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $92.90M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $258.20M USD 2 Qtrs
Taxes on income IncomeTaxExpenseBenefit $107.10M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $153.20M USD 2 Qtrs
Net income ProfitLoss $506.90M USD 2 Qtrs
Net income ProfitLoss $338.10M USD 1 Quarter
Net income ProfitLoss $903.90M USD 2 Qtrs
Net income ProfitLoss $359.10M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-49.70M USD 2 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $81.70M USD 2 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $83.20M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-57.20M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $150.80M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $65.40M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $66.70M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $60.70M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $802.80M USD 2 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $349.60M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $194.20M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $359.80M USD 2 Qtrs
Basic EarningsPerShareBasic $0.70 USD 2 Qtrs
Basic EarningsPerShareBasic $0.68 USD 1 Quarter
Basic EarningsPerShareBasic $1.57 USD 2 Qtrs
Basic EarningsPerShareBasic $0.38 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.70 USD 2 Qtrs
Diluted EarningsPerShareDiluted $0.68 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.38 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.57 USD 2 Qtrs
Cash Flow Statement 96 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $506.90M USD 2 Qtrs
Net Income ProfitLoss $338.10M USD 1 Quarter
Net Income ProfitLoss $903.90M USD 2 Qtrs
Net Income ProfitLoss $359.10M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $112.50M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $122.00M USD 2 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $35.00M USD 2 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $25.00M USD 2 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $42.70M USD 2 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $52.90M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $86.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $169.20M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $118.70M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $60.40M USD 1 Quarter
Net gains on investments NetGainsLossesOnInvestments $48.50M USD 2 Qtrs
Net gains on investments NetGainsLossesOnInvestments $2.70M USD 2 Qtrs
Income from investments in equity method investees IncomeLossFromEquityMethodInvestments $51.70M USD 2 Qtrs
Income from investments in equity method investees IncomeLossFromEquityMethodInvestments $85.60M USD 1 Quarter
Income from investments in equity method investees IncomeLossFromEquityMethodInvestments $118.80M USD 2 Qtrs
Income from investments in equity method investees IncomeLossFromEquityMethodInvestments $27.00M USD 1 Quarter
Net losses (gains) on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $-57.50M USD 2 Qtrs
Net losses (gains) on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $62.60M USD 2 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $613.00M USD 2 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $321.80M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-55.70M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $3.30M USD 2 Qtrs
Other OtherNoncashIncomeExpense $-68.70M USD 2 Qtrs
Other OtherNoncashIncomeExpense $-10.00M USD 2 Qtrs
Increase in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $144.40M USD 2 Qtrs
Increase in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $121.60M USD 2 Qtrs
Increase in investments, net IncreaseDecreaseInTradingSecurities $36.00M USD 2 Qtrs
Increase in investments, net IncreaseDecreaseInTradingSecurities $21.30M USD 2 Qtrs
Decrease in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-336.10M USD 2 Qtrs
Decrease in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-162.20M USD 2 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-104.90M USD 2 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-28.50M USD 2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $85.40M USD 2 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-90.00M USD 2 Qtrs
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $3.70M USD 2 Qtrs
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $-16.80M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-289.70M USD 2 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $270.50M USD 2 Qtrs
Purchase of investments PaymentsToAcquireInvestments $375.90M USD 2 Qtrs
Purchase of investments PaymentsToAcquireInvestments $504.70M USD 2 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $411.70M USD 2 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $726.00M USD 2 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $2.17B USD 2 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $2.10B USD 2 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $618.80M USD 2 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $1.06B USD 2 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $42.50M USD 2 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $42.80M USD 2 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $372.30M USD 2 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $500.50M USD 2 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset $12.60M USD 2 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset $5.50M USD 2 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $12.20M USD 2 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $-85.40M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.19B USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.15B USD 2 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $13.40M USD 2 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $13.60M USD 2 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $301.80M USD 2 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $290.50M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $104.30M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $17.80M USD 2 Qtrs
Proceeds from repurchase agreement ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $174.80M USD 2 Qtrs
Proceeds from repurchase agreement ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase - USD 2 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $2.26B USD 2 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $3.02B USD 2 Qtrs
Payments on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $1.61B USD 2 Qtrs
Payments on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $688.30M USD 2 Qtrs
Payments on contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $4.20M USD 2 Qtrs
Payments on contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $4.10M USD 2 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $254.20M USD 2 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $485.80M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.28B USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.92B USD 2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $60.20M USD 2 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-27.60M USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $367.50M USD 2 Qtrs
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-503.90M USD 2 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.78B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.01B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.65B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.78B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.01B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.28B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.65B USD Point-in-time
Cash paid for income taxes IncomeTaxesPaid $204.60M USD 2 Qtrs
Cash paid for income taxes IncomeTaxesPaid $350.10M USD 2 Qtrs
Cash paid for interest InterestPaidNet $47.10M USD 2 Qtrs
Cash paid for interest InterestPaidNet $54.70M USD 2 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $128.60M USD 2 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $65.70M USD 2 Qtrs
Stockholders Equity 67 line items
Line Item Tag Value Unit Period
Dividends declared per share CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Beginning balance StockholdersEquity $11.47B USD Point-in-time
Beginning balance StockholdersEquity $11.83B USD Point-in-time
Beginning balance MinorityInterest $610.80M USD Point-in-time
Beginning balance MinorityInterest $824.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $802.80M USD 2 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $349.60M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $194.20M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $359.80M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $150.80M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $65.40M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $66.70M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $60.70M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $170.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $254.90M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $537.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $416.30M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $142.60M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $124.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-23.00M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-12.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.90M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $153.80M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $148.30M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $148.90M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $153.60M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $14.20M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $21.70M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $80.80M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $3.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $18.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $47.70M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $33.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $25.30M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $40.80M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $48.20M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $11.20M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $35.60M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-27.80M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-21.70M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-14.90M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $95.90M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-324.20M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-35.70M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-39.60M USD 1 Quarter
Adjustment to fair value MinorityInterestChangeInRedemptionValue $-188.50M USD 1 Quarter
Adjustment to fair value MinorityInterestChangeInRedemptionValue $44.70M USD 1 Quarter
Ending balance StockholdersEquity $11.47B USD Point-in-time
Ending balance StockholdersEquity $11.83B USD Point-in-time
Ending balance MinorityInterest $610.80M USD Point-in-time
Ending balance MinorityInterest $824.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Comprehensive Income 38 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $506.90M USD 2 Qtrs
Net Income ProfitLoss $338.10M USD 1 Quarter
Net Income ProfitLoss $903.90M USD 2 Qtrs
Net Income ProfitLoss $359.10M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.90M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.30M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-23.20M USD 2 Qtrs
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $143.20M USD 2 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $200.00K USD 2 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-800.00K USD 2 Qtrs
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $1.80M USD 1 Quarter
Net unrealized gains (losses) on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $5.30M USD 1 Quarter
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $200.00K USD 2 Qtrs
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 2 Qtrs
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $200.00K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $142.60M USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $124.70M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-23.00M USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-12.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.90M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $880.90M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $649.50M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $356.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $348.10M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-49.70M USD 2 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $81.70M USD 2 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $83.20M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-57.20M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $150.80M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $65.40M USD 2 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $66.70M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $60.70M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $502.40M USD 2 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $338.60M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $779.80M USD 2 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $212.10M USD 1 Quarter

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

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