FRANKLIN RESOURCES (BEN) Company Report

Franklin Resources reported preliminary total AUM of $1.707 trillion at January 31, 2026, up from $1.684 trillion at December 31, 2025.
Preliminary long-term net inflows were $1.5 billion, inclusive of $1.5 billion net outflows at Western Asset Management; excluding Western Asset, net inflows were $3 billion.
AUM by major asset class as of January 31, 2026: Equity $709.2 billion, Fixed Income $440.1 billion, Alternatives $276.2 billion, Multi-Asset $205.3 billion.
Western Asset Management AUM stood at $216 billion on January 31, 2026, slightly down from $217 billion at December 31, 2025.

3 days ago

Press Release

Franklin Resources holds FY 2026 annual meeting

BEN

Proxy Vote Outcomes

Dividends

Share Buyback

At the FY 2026 annual stockholder meeting, all director nominees were elected, PricewaterhouseCoopers was ratified as auditor for FY 2026, amendments to the 1998 ESIP (+5 million shares) and 2002 Stock Incentive Plan (+25 million shares) were approved, and executive compensation received advisory approval.
CEO Jenny Johnson reported $1.66 trillion in AUM as of September 30, 2025, with long-term flows up 7.8% to $343.9 billion, net inflows of $44.5 billion excluding Western Asset, and eight consecutive quarters of positive long-term flows.
Franklin Templeton’s alternative AUM reached $270 billion post-Apera acquisition; Canvas custom-indexing AUM tripled since 2023, and ETF AUM grew at a 74% CAGR with 14 funds exceeding $1 billion each.
CFO Matthew Nicholls reported fiscal 2025 adjusted operating revenues of $6.7 billion, adjusted operating income of $1.64 billion (24.5% margin), $365 million in performance fees, and $930 million returned to shareholders via dividends and buybacks.

4 days ago

Transcript

Franklin Resources holds 2026 Annual Meeting

BEN

Proxy Vote Outcomes

Dividends

Share Buyback

Shareholders approved all proposals, including the election of directors, ratification of PricewaterhouseCoopers as auditor, amendments to the 1998 Employee Stock Investment Plan (+5 million shares) and 2002 Universal Stock Incentive Plan (+25 million shares), and an advisory vote on executive compensation.
Fiscal year 2025 ending assets under management were $1.66 trillion, with long-term flows of $343.9 billion and net outflows of $97.4 billion (net inflows ex-Western Asset of $44.5 billion).
Alternatives and multi-asset strategies saw net inflows of $25.7 billion; retail SMAs, ETFs, and the Canvas custom indexing platform delivered double-digit AUM growth, with ETFs growing at a 74% CAGR since 2023 and 14 ETFs exceeding $1 billion in AUM.
Adjusted operating revenues for FY 2025 were $6.7 billion (+2%), adjusted operating income was $1.64 billion, and adjusted operating margin was 24.5%; the firm returned $930 million to shareholders via dividends and share repurchases.
Co-investments in seed capital increased to $2.8 billion (from $2.4 billion), and the company repaid $400 million of senior notes due March 2025, reinforcing its balance-sheet flexibility.

4 days ago

Transcript

Franklin Resources AGM 2026 approves key resolutions and reviews FY2025 performance

BEN

Proxy Vote Outcomes

Dividends

Share Buyback

All AGM proposals were approved: directors elected, PricewaterhouseCoopers ratified as auditor, ESIP and USIP share increases authorized, and executive compensation approved on an advisory basis .
Assets under management ended at $1.66 trillion (Sep 30, 2025); long-term flows rose 7.8% to $343.9 billion, with net outflows of $97.4 billion or $44.5 billion in net inflows excluding Western Asset .
Business growth in high-margin segments: alternative AUM reached $270 billion, Canvas platform AUM has tripled since 2023 (82% CAGR), and ETF AUM grew at a 74% CAGR with 16 consecutive quarters of inflows and 14 ETFs exceeding $1 billion .
Fiscal 2025 adjusted operating revenues were $6.7 billion (+2%), adjusted operating income $1.64 billion (24.5% margin), and $930 million returned to shareholders via dividends and share repurchases .

4 days ago

Transcript

Franklin Templeton reports Q1 2026 results

BEN

Earnings

Franklin Templeton achieved record long-term inflows of $118.6 billion, up 40% quarter-over-quarter and 22% year-over-year, driving assets under management to $1.68 trillion at quarter end.
Long-term net inflows totaled $28 billion, and $34.6 billion on a comparable basis excluding Western Asset Management, marking nine consecutive quarters of positive net flows.
Alternative assets under management reached $274 billion, with $10.8 billion raised during the quarter (including $9.5 billion in private markets) and $4.8 billion in aggregate realizations and distributions.
Adjusted operating income was $437.3 million, reflecting higher average AUM and cost-savings initiatives, partially offset by lower performance fees.

8 days ago

Transcript

Franklin Templeton reports Q1 FY2026 results

BEN

Earnings

Guidance Update

Record long-term inflows of $118.6 billion, up 40% QoQ, driving AUM to $1.68 trillion at quarter end.
Adjusted Operating Income of $437.3 million, reflecting higher average AUM and cost savings, offset by lower performance fees.
Over 50% of mutual fund and ETF AUM outperformed peer medians across 3-, 5- and 10-year periods, supporting growth and retention.
Operating margin expected to exit FY2026 in the high-20s%, with a target to exceed 30% in fiscal 2027 under current market levels.

8 days ago

Transcript

Franklin Templeton reports Q1 FY2026 results

BEN

Earnings

Guidance Update

M&A

Record long-term inflows of $118.6 billion (+40% QoQ, +22% YoY); long-term net inflows of $28 billion; assets under management at $1.68 trillion at quarter end.
Equities saw net inflows of $19.8 billion (including $24.6 billion in reinvested distributions); private markets AUM reached $274 billion with $10.8 billion raised this quarter.
ETF AUM reached $58 billion with $7.5 billion in net flows (including $3.5 billion from mutual fund conversions); retail SMAs grew to $171 billion with $2.4 billion in net inflows; Canvas AUM at $18 billion with $1.4 billion net flows.
Expenses are projected to be flat year-over-year at flat markets, with operating margins expected to reach the high-20s percent by year-end and exceed 30% in fiscal 2027 (excluding Western Asset support).
Continued strategic M&A: closed Apera Asset Management to enhance European direct lending; future bolt-on deals to focus on private markets capabilities, distribution, and high-net-worth offerings.

8 days ago

Transcript

Franklin Templeton reports Q1 2026 results

BEN

Earnings

Ended Q1 2026 with $1.68 trillion in AUM and $28.0 billion in long-term net inflows, driven by record flows across equities, multi-asset and alternatives.
Generated $1.747 billion of adjusted operating revenue (–3.7% QoQ), $378 million of adjusted net income, and $0.70 of adjusted diluted EPS.
Achieved an adjusted effective fee rate of 37.4 bps and an adjusted operating margin of 25.0%.
Returned $212.1 million to shareholders, including $170.2 million in dividends and $41.9 million in share repurchases; declared a quarterly dividend of $0.33 per share.
Completed the acquisition of Apera Asset Management, adding $6.1 billion to private credit AUM, bringing total private credit AUM to $94.6 billion.

8 days ago

Presentation

Franklin Resources announces Q1 fiscal 2026 results

BEN

Earnings

Share Buyback

M&A

Net income of $255.5 million, or $0.46 per diluted share, and operating income of $281.0 million for the quarter ended December 31, 2025, up 56% and 28% year-over-year, respectively.
Operating revenues of $2.327 billion, a 3% increase year-over-year, with adjusted operating income of $437.3 million for the quarter.
Assets under management rose to $1.684 trillion, up 7% year-over-year, led by long-term net inflows of $28.0 billion and the acquisition of Apera Asset Management.
Repurchased 1.8 million shares for $41.9 million; total stockholders’ equity was $13.1 billion at quarter-end.

8 days ago

8-K

Franklin Resources reports Q1 FY2026 results

BEN

Earnings

Net income of $255.5 million or $0.46 per diluted share for the quarter ended December 31, 2025
Operating income of $281.0 million, up from $219.0 million in the prior-year quarter
Assets under management reached $1.684 trillion, with $28.0 billion of long-term net inflows in the quarter
Alternatives fundraising totaled $10.8 billion, including $9.5 billion in private market assets