Is Franklin Resources (BEN) overvalued or fairly valued?

MarketChacha shows Franklin Resources's valuation in context — a trailing P/E of about 23.8, a forward P/E of about 10.6, a price-to-book of about 1.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Franklin Resources's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.67×) from reported figures — education, not a rating.

What is Franklin Resources's revenue?

Franklin Resources reported revenue of $8.8B for FY2025, with net profit of $524.9M, per official filings.

What is the share price of Franklin Resources (BEN)?

Franklin Resources last traded at $33.52 (-0.7% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Franklin Resources

BEN · NYSE · Financials · United States

Snapshot

TickerBEN

ExchangeNYSE

SectorFinancials

IndustryAsset Management

CountryUnited States

Employees10,100

HeadquartersSan Mateo, United States

Websitewww.franklinresources.com

Filings tracked18

About Franklin Resources

Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.

Who owns it

Insiders49.8%
Institutions50.2%
Public & other0.0%

876 institutional holders

Ownership breakdown from public market data.

Top holders

Power Corp of Canada6.21%
Blackrock Inc.5.69%
Vanguard Capital Management LLC3.95%
State Street Corporation3.88%
Vanguard Portfolio Management LLC2.72%
Invesco Ltd.2.67%
Citadel Advisors Llc2.23%
Dimensional Fund Advisors LP2.14%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

Margin has compressed by about 5.3 points over the period — profitability is trending down.

Cash conversion1.67×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend11.2% → 6.0%

Margin has compressed by about 5.3 points over the period — profitability is trending down.

Return on equity4.3%

Latest ROE of 4.3% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 6% · PAT -23%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

EPS 0.74

Est. earnings growth +6.3%

Next fiscal year

Rev $9.6B · EPS 3.15

Est. earnings growth +9.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$8.8B

Net margin

6.0%

ROE

4.3%

Revenue CAGR (2y)

+5.7%

Profit CAGR (2y)

-22.9%

EPS (FY2025)

0.91

Net profit (FY2025)

$524.9M

Ask MarketChacha about BEN

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$8.8B	$524.9M	0.91	6.0%	4.3%
FY2024	$8.5B	$464.8M	0.85	5.5%	3.7%
FY2023	$7.8B	$882.8M	1.72	11.2%	7.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$2.4B	$171.5M	0.31	7.3%
2026Q1	$2.3B	$268.2M	0.49	11.7%
2025Q4	$2.3B	$255.5M	0.46	11.0%
2025Q2	$2.1B	$92.3M	0.15	4.5%
2025Q1	$2.1B	$151.4M	0.26	7.2%
2024Q4	$2.3B	$163.6M	0.29	7.3%
2024Q2	$2.1B	$174.0M	0.32	8.2%
2024Q1	$2.2B	$124.2M	0.23	5.8%
2023Q4	$2.0B	$251.3M	0.50	12.6%
2023Q2	$2.0B	$227.5M	0.44	11.6%
2023Q1	$1.9B	$194.2M	0.38	10.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material financial obligation, Other events, Exhibits
SEC8/10/2026material
8-K — Results of operations, Bylaw/charter change, Reg FD disclosure, Exhibits
SEC7/31/2026material
10-Q filing
SEC7/31/2026
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC7/30/2026material
8-K — Executive/director change, Exhibits
SEC7/23/2026material
8-K — Other events, Exhibits
SEC6/5/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/28/2026material
10-Q filing
SEC4/28/2026
8-K — Executive/director change, Shareholder vote results
SEC2/5/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/30/2026material
10-Q filing
SEC1/30/2026

2025

8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC12/17/2025material
8-K — Other events
SEC12/15/2025material
10-K filing
SEC11/10/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC11/7/2025material
8-K — Executive/director change, Exhibits
SEC9/8/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/1/2025material
10-Q filing
SEC8/1/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.