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	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	998.6	548.9	607.9	1,026	1,333	2,095
Depreciation & Amortization	498.8	611.6	516.7	495.4	442.6	388.8
Stock-Based Compensation	223.3	214.8	246.1	182.6	208.2	171.9
Other Adjustments	107.15	309.3	266.6	150.2	257.4	-526.5
Changes in Trading Assets	-600.5	-350.4	-510.8	-826.6	-359.6	-768.2
Change in Receivables	-411.1	-128.7	-111.8	-63.2	-86.7	-182.5
Changes in Accounts Payable	-0.3	75	-36.5	-2.7	60	-35
Changes in Accrued Expenses	77.2	-32.9	86.5	128.9	281.7	114.8
Changes in Income Taxes Payable	83.1	-181.5	-93.4	-1.1	-180.1	-12.5
Operating Cash Flow	978.7	1,066	971.3	1,089	1,957	1,245
Operating Cash Flow Growth	9.81%	9.76%	-10.82%	-44.34%	57.11%	14.96%
Capital Expenditures	-40.7	-154.5	-177.1	-148.8	-90.3	-79.3
Purchases of Investments	-8,410	-7,576	-7,438	-5,122	-4,918	-4,425
Proceeds from Sale of Investments	5,824	5,695	5,658	2,443	2,975	2,218
Payments for Business Acquisitions	-69.7	-	175.1	-500.5	-1,355	-9
Other Investing Activities	-211.4	-306.9	-641.5	-281.8	58.7	-320.7
Investing Cash Flow	-2,998	-2,343	-2,424	-3,610	-3,329	-2,616
Short-Term Debt Issued	104	144.7	5.3	174.8	-	-
Short-Term Debt Repaid	-39.2	-61.8	-81.1	-	-	-
Net Short-Term Debt Issued (Repaid)	64.8	82.9	-75.8	174.8	-	-
Long-Term Debt Issued	7,615	6,330	4,347	3,540	5,184	4,132
Long-Term Debt Repaid	-5,491	-5,501	-2,163	-1,405	-3,046	-2,066
Net Long-Term Debt Issued (Repaid)	2,124	829.1	2,184	2,135	2,139	2,066
Issuance of Common Stock	20.4	24.1	20.8	23.3	25.1	22.3
Repurchase of Common Stock	-323.5	-240.3	-274.4	-256.3	-180.8	-208.2
Net Common Stock Issued (Repurchased)	-303.1	-216.2	-253.6	-233	-155.7	-185.9
Common Dividends Paid	-690.9	-683.7	-656.4	-607.3	-583.1	-559.7
Other Financing Activities	899.7	440.3	217.6	637.3	185.2	709.6
Financing Cash Flow	2,051	452.4	1,416	2,107	1,585	2,030
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.4	-10.8	43.3	34.3	-77.2	-2.2
Net Cash Flow	29.9	-835	6.5	-380.1	135.3	657.4
Free Cash Flow	938	911.6	794.2	940.4	1,866	1,166
Free Cash Flow Growth	2.90%	14.78%	-15.55%	-49.61%	60.05%	19.04%
FCF Margin	10.72%	10.72%	9.63%	12.22%	23.09%	14.20%
Free Cash Flow Per Share	1.81	1.76	1.56	1.92	3.81	2.38
Levered Free Cash Flow	2,940	1,404	2,358	2,838	3,626	3,769
Unlevered Free Cash Flow	-3,660	388.74	86.4	490.11	1,522	1,215

Updated Apr 28, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q