Franklin Resources, Inc. (BEN)

Franklin Resources Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	616.8	524.9	464.8	882.8	1,292	1,831
Depreciation & Amortization	472.9	531.8	454.7	445.4	377.8	310.6
Other Amortization	82.4	79.8	62	50	64.8	78.2
Asset Writedown & Restructuring Costs	226.6	226.6	389.2	-	-	-
Loss (Gain) From Sale of Investments	4.8	33.5	-32.7	80.9	170.5	-391.9
Loss (Gain) on Equity Investments	-97.1	-78	-137.5	-45.4	-36.2	-154.3
Stock-Based Compensation	217.2	214.8	246.1	182.6	208.2	171.9
Other Operating Activities	-160.4	-218.2	-329.5	-571.8	-191.5	-497.9
Change in Accounts Receivable	-260.8	-128.7	-111.8	-63.2	-86.7	-182.5
Change in Accounts Payable	5.4	75	-36.5	-2.7	60	-35
Change in Income Taxes	-216.2	-181.5	-93.4	-1.1	-180.1	-12.5
Change in Other Net Operating Assets	64.6	-13.9	95.9	131.7	278	127.6
Operating Cash Flow	956.2	1,066	971.3	1,089	1,957	1,245
Operating Cash Flow Growth	-11.30%	9.76%	-10.82%	-44.34%	57.11%	14.96%
Capital Expenditures	-82.7	-154.5	-177.1	-148.8	-90.3	-79.3
Cash Acquisitions	-281	-216.4	68.5	-550.3	-1,355	-392.7
Divestitures	2	-	-	-	38.8	-
Investment in Securities	-1,561	-1,881	-1,780	-2,679	-1,943	-2,207
Other Investing Activities	-90.5	-90.5	-534.9	-232	19.9	20.3
Investing Cash Flow	-2,003	-2,343	-2,424	-3,610	-3,329	-2,616
Short-Term Debt Issued	-	144.7	5.3	174.8	-	-
Long-Term Debt Issued	-	6,330	4,347	3,540	5,184	4,132
Total Debt Issued	8,182	6,474	4,352	3,715	5,184	4,132
Short-Term Debt Repaid	-	-61.8	-81.1	-	-	-
Long-Term Debt Repaid	-	-5,501	-2,163	-1,405	-3,046	-2,066
Total Debt Repaid	-6,784	-5,562	-2,244	-1,405	-3,046	-2,066
Net Debt Issued (Repaid)	1,398	912	2,108	2,310	2,139	2,066
Issuance of Common Stock	24.1	24.1	20.8	23.3	25.1	22.3
Repurchase of Common Stock	-276.4	-240.3	-274.4	-256.3	-180.8	-208.2
Common Dividends Paid	-687.7	-683.7	-656.4	-607.3	-583.1	-559.7
Other Financing Activities	394.1	440.3	217.6	637.3	185.2	709.6
Financing Cash Flow	851.9	452.4	1,416	2,107	1,585	2,030
Foreign Exchange Rate Adjustments	35	-10.8	43.3	34.3	-77.2	-2.2
Net Cash Flow	-160.3	-835	6.5	-380.1	135.3	657.4
Free Cash Flow	873.5	911.6	794.2	940.4	1,866	1,166
Free Cash Flow Growth	2.93%	14.78%	-15.55%	-49.61%	60.05%	19.04%
Free Cash Flow Margin	9.87%	10.39%	9.37%	11.98%	22.55%	13.84%
Free Cash Flow Per Share	1.69	1.76	1.56	1.92	3.81	2.38
Cash Interest Paid	836.1	859.8	807.6	501.1	281.5	219.4
Cash Income Tax Paid	457	465.4	435.7	233.2	467.5	498
Levered Free Cash Flow	328.34	688.13	-39.79	-510.75	-348.84	337.13
Unlevered Free Cash Flow	385.96	747.44	20.96	-433.44	-287.46	390.5
Change in Working Capital	-407	-249.1	-145.8	64.7	71.2	-102.4

Updated Jan 30, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q