Franklin Resources, Inc. (BEN) financial statements (2022 and earlier)

Company profile

Business Address ONE FRANKLIN PARKWAY
SAN MATEO, CA 94403
State of Incorp. DE
Fiscal Year End September 30
SIC 6282 - Investment Advice (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,5444,6473,9586,5327,2569,0649,605
Cash and cash equivalents4,5444,6473,9585,9586,9118,7508,483
Short-term investments   5743463151,122
Total current assets:4,5444,6473,9586,5327,2569,0649,605
Noncurrent Assets
Operating lease, right-of-use asset423448535 
Property, plant and equipment756770814684535517523
Long-term investments and receivables761814682933781894797
Long-term investments761814682933781894797
Intangible assets, net (including goodwill)9,5099,1689,4152,9952,3332,2282,211
Goodwill4,7254,4584,5012,1301,7951,6871,661
Intangible assets, net (excluding goodwill)4,7844,7104,914864539541550
Total noncurrent assets:11,44911,20111,4464,6123,6493,6383,532
Other undisclosed assets9,0028,3214,8183,3893,4784,8312,962
TOTAL ASSETS:24,99524,16820,22114,53214,38417,53416,099
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt219312305    
Deferred income tax liabilities219312305 
Total noncurrent liabilities:219312305    
Other undisclosed liabilities11,59711,1138,4003,1613,1322,6563,510
Total liabilities:11,81511,4258,7053,1613,1322,6563,510
Temporary equity, carrying amount9839335427471,0441,94261
Stockholders' equity
Stockholders' equity attributable to parent11,55311,22310,1159,9079,89912,62011,936
Common stock50505050525657
Accumulated other comprehensive loss(390)(378)(408)(432)(371)(285)(347)
Retained earnings11,89211,55110,47310,28810,21812,84912,226
Stockholders' equity attributable to noncontrolling interest644587859718309316592
Total stockholders' equity:12,19611,81110,97410,62410,20812,93612,528
TOTAL LIABILITIES AND EQUITY:24,99524,16820,22114,53214,38417,53416,099

Income statement (P&L) ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues8,6548,4265,5675,7756,3196,3926,618
Financial services revenue4,5894,5854,715
Gross profit:8,6548,4265,5675,7756,3196,3926,618
Operating expenses(6,631)(6,551)(4,518)(4,217)(4,201)(4,128)(4,252)
Operating income:2,0241,8751,0491,5572,1192,2642,366
Nonoperating income (expense)579569(31)9097285134
Investment income, nonoperating11713776    
Foreign currency transaction gain (loss), before tax9(12)(22)    
Other nonoperating income (expense)245265(38)115145336184
Interest and debt expense(75)(85)(33)(25)(49)(52)(50)
Income from continuing operations before equity method investments, income taxes:2,5282,3599851,6232,1672,4982,450
Income from equity method investments141154     
Other undisclosed income (loss) from continuing operations before income taxes(66)(69)3325495250
Income from continuing operations before income taxes:2,6032,4441,0181,6482,2152,5492,500
Income tax expense(358)(350)(231)(442)(1,473)(759)(742)
Net income:2,2452,0957871,2067431,7901,758
Net income (loss) attributable to noncontrolling interest(306)(263)12(6)22(93)(31)
Other undisclosed net loss attributable to parent   (4)   
Net income attributable to parent:1,9391,8317991,1967641,6971,727
Other undisclosed net loss available to common stockholders, basic(83)(78)(15)(11)(18)(12)(11)
Net income available to common stockholders, diluted:1,8561,7547841,1857471,6841,716

Comprehensive Income ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income:2,2452,0957871,2067431,7901,758
Other comprehensive income (loss)(75)3024(53)(86)70(33)
Comprehensive income:2,1702,1258111,1536571,8591,725
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(306)(263)12(10)22(93)(31)
Comprehensive income, net of tax, attributable to parent:1,8641,8618231,1436791,7661,694

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: