Franklin Resources, Inc. Website

Franklin Resources, Inc.

NYSE-BEN

Income Statement
Sep '14
Sep '15
Sep '16
Sep '17
Sep '18
Sep '19
Sep '20
Sep '21
Sep '22
Sep '23
LTM

Operating Revenues

5,646.1

5,538.8

8,388.3

8,224.8

7,809.3

8,209.3

Other Revenues, Total

23.3

27.7

37.2

50.5

40.1

43.6

Total Revenues

5,669.4

5,566.5

8,425.5

8,275.3

7,849.4

8,252.9

Total Revenues % Chg.

-8.6%

-1.8%

51.4%

-1.8%

-5.1%

5.8%

Cost of Goods Sold, Total

3,285.1

3,326.4

4,861

4,755.8

4,709.3

5,055.1

Gross Profit

2,384.3

2,240.1

3,564.5

3,519.5

3,140.1

3,197.8

Selling General & Admin Expenses, Total

760.8

886.6

1,237.3

1,257.2

1,298.9

1,503.2

Amortization of Goodwill and Intangible Assets

—

—

—

—

14.7

54

232

282

341.1

340.9

Other Operating Expenses, Total

775.5

940.6

1,469.3

1,539.2

1,640

1,844.1

Operating Income

1,608.8

1,299.5

2,095.2

1,980.3

1,500.1

1,353.7

Interest Expense, Total

-22.4

-33.4

-85.4

-98.2

-123.7

-96.6

Interest And Investment Income

206.8

133.4

438.7

37.9

275.7

325.2

Net Interest Expenses

184.4

100

353.3

-60.3

152

228.6

Income (Loss) On Equity Invest.

-10.4

-98.1

154.3

36.2

123.1

201.9

Currency Exchange Gains (Loss)

13.1

-22.3

-11.9

40.6

-26.7

6

Other Non Operating Income (Expenses)

—

—

—

20.4

35.6

13.8

51.8

44.2

56.5

EBT, Excl. Unusual Items

1,816.3

1,314.7

2,604.7

2,048.6

1,792.7

1,846.7

Restructuring Charges

—

—

—

—

—

-55.5

—

—

—

—

—

Merger & Related Restructuring Charges

—

—

—

—

-69

-250.6

-216.1

-205.3

-397.8

-457.1

Gain (Loss) On Sale Of Investments

-26.6

-46.2

59.7

-112.8

20.8

-29.1

Asset Writedown

—

-13.3

—

—

—

—

—

Other Unusual Items

—

—

—

—

-4.1

—

-4.1

-1.1

—

—

EBT, Incl. Unusual Items

1,647.8

1,017.9

2,444.2

1,729.4

1,415.7

1,360.5

Income Tax Expense

442.3

230.8

349.6

396.2

312.3

280.8

Earnings From Continuing Operations

1,205.5

787.1

2,094.6

1,333.2

1,103.4

1,079.7

Minority Interest

-9.8

11.8

-263.4

-41.3

-220.6

-234.7

Net Income

1,195.7

798.9

1,831.2

1,291.9

882.8

845

Preferred Dividend and Other Adjustments

10.9

15.3

77.7

54.1

37.7

34.8

Net Income to Common Incl Extra Items

1,184.8

783.6

1,753.5

1,237.8

845.1

810.2

Net Income to Common Excl. Extra Items

1,184.8

783.6

1,753.5

1,237.8

845.1

810.2

Total Shares Outstanding

499.3

495.1

501.8

499.6

495.9

522.1

Weighted Avg. Shares Outstanding

503.6

491.9

489.9

488.7

490

502.7

Weighted Avg. Shares Outstanding Dil

504.3

492.4

490.6

489.3

490.8

503.6

EPS

2.4

1.6

3.6

2.5

1.7

1.6

EPS Diluted

2.4

1.6

3.6

2.5

1.7

1.6

EBITDA

1,702.2

1,428

2,405.8

2,358.1

1,945.5

1,807.1

Effective Tax Rate

26.8%

22.7%

14.3%

22.9%

22.1%

20.6%