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FRANKLIN RESOURCES INC BEN

NYSE · stock · Investment Advice · website · IPO 1986-12-05 · LEI

FRANKLIN RESOURCES INC statistics & valuation

P / E32.9×
P / S2.0×
P / B1.3×
P / FCF18.9×
Net margin6.0%
FCF margin10.4%
Net debt$2.4B
Net debt / EBITDA3.2×
Enterprise value USD$19.6B
EV / EBITDA26.3×
Earnings yield EBIT/EV3.1%
Graham number -32.7%$22.61

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($22.61); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
26.10% 26.50% 12.10% 20.70% 14.40% 21.70% 15.60% 11.20% 5.50% 6.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
35.70% 35.40% 32.10% 25.40% 18.80% 22.30% 21.40% 14.00% 4.80% 6.90% 2016201720182019202020212022202320242025
Return on equity (%)
13.80% 13.10% 7.50% 11.30% 7.40% 15.50% 10.50% 7.00% 3.50% 4.00% 2016201720182019202020212022202320242025
Shares outstanding
583.8M 559.1M 538.0M 504.3M 495.1M 501.8M 499.6M 495.9M 523.6M 521.0M 2016201720182019202020212022202320242025
Net debt ($)
-$7.08B -$7.71B -$6.21B -$5.51B -$972.7M -$1.25B $3.38B $3.05B $2.78B $2.36B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.70% 9.70% 5.30% 8.20% 3.70% 7.60% 4.60% 2.90% 1.40% 1.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
24.60% 16.60% 33.60% 0.60% 17.60% 13.80% 22.60% 12.00% 9.40% 10.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.11× 0.08× 0.07× 0.07× 0.28× 0.29× 0.27× 0.24× 0.21× 0.18× 2016201720182019202020212022202320242025
EPS ($)
$2.94 $3.01 $1.39 $2.35 $1.59 $3.57 $2.53 $1.72 $0.85 $0.91 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FRANKLIN RESOURCES INC trades at about 36.9× earnings — above its 10-year norm (10-year range 8.8×–24.8×, median 13.3×).

8.8× 36.9×

Shaded band = 10-year range (8.8×–24.8×); dot = today's 36.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin6.9%4.8%14.0%21.4%22.3%18.8%25.4%32.1%35.4%35.7%
Net margin6.0%5.5%11.2%15.6%21.7%14.4%20.7%12.1%26.5%26.1%
FCF margin10.4%9.4%12.0%22.6%13.8%17.6%0.6%33.6%16.6%24.6%
Return on assets1.6%1.4%2.9%4.6%7.6%3.7%8.2%5.3%9.7%10.7%
Return on equity4.0%3.5%7.0%10.5%15.5%7.4%11.3%7.5%13.1%13.8%
Debt / equity0.18×0.21×0.24×0.27×0.29×0.28×0.07×0.07×0.08×0.11×

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.