Company profile

Ticker
BEN
Exchange
CEO
Gregory Eugene Johnson
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
132670991

BEN stock data

(
)

Calendar

30 Jul 19
21 Aug 19
30 Sep 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 1.48B 1.43B 1.41B 1.53B
Net income 245.9M 367.5M 275.9M 502.5M
Diluted EPS 0.48 0.72 0.54 0.94
Net profit margin 16.65% 25.63% 19.55% 32.90%
Operating income 374.9M 379.5M 411.5M 478.7M
Net change in cash -188.4M -712.9M -251.7M 256.4M
Cash on hand 5.76B 5.95B 6.66B 6.91B
Annual (USD) Sep 18 Sep 17 Sep 16 Sep 15
Revenue 6.32B 6.39B 6.62B 7.95B
Net income 764.4M 1.7B 1.73B 2.04B
Diluted EPS 1.39 3.01 2.94 3.29
Net profit margin 12.10% 26.54% 26.09% 25.61%
Operating income 2.12B 2.26B 2.37B 3.03B
Net change in cash -1.84B 266.4M 115.2M 772.1M
Cash on hand 6.91B 8.75B 8.48B 8.37B

Financial data from company earnings reports

Financial report summary

?
Management Discussion
  • Operating income decreased $128.2 million for the three months ended June 30, 2019, as compared to the same period in the prior fiscal year, as operating revenues decreased 5% and operating expenses increased 4%. Net income attributable to Franklin Resources, Inc. decreased $156.1 million primarily due to the decrease in operating income and an $86.4 million revision to the estimated tax charge upon issuance of final regulations related to the Tax Cuts and Jobs Act of 2017 (the “Tax Act”), partially offset by higher investment and other income, net, less the portion attributable to noncontrolling interests.
  • Operating income decreased $474.0 million for the nine months ended June 30, 2019, as compared to the same period in the prior fiscal year, as operating revenues decreased 10% and operating expenses were unchanged. Net income attributable to Franklin Resources, Inc. increased $627.4 million for the nine months ended June 30, 2019 primarily due to a prior-year estimated income tax charge of $1.1 billion resulting from enactment of the Tax Act, partially offset by the decrease in operating income.
  • Diluted earnings per share decreased for the three months ended June 30, 2019 and increased for the nine-month period, consistent with the changes in net income and the impacts of 6% and 7% decreases in diluted average common shares outstanding primarily resulting from repurchases of shares of our common stock during the twelve-month period ended June 30, 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: accommodative, building, CCPA, construction, fewer, fourth, hurricane, inception, intensify, margin, Mateo, package, Poland, Poznan, San, suitability, summary, unchanged
Removed: alleged, alleging, amended, captioned, clarify, complaint, delayed, duty, ERISA, firm, inclusive, lawsuit, November, plaintiff, prohibited, sought, traded, unnamed, update, virtue