Below are the financial statements of Franklin Resources, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Operating revenues | — | — | — |
| Investment management fees | 6,822.2a | 6,452.9a | 6,616.8a |
| Sales and distribution fees | 1,381a | 1,203.7a | 1,415a |
| Shareholder servicing fees | 229.3a | 152.7a | 193a |
| Other | 45.5a | 40.1a | 50.5a |
| Total operating revenues | 8,478a | 7,849.4a | 8,275.3a |
| Operating expenses | — | — | — |
| Compensation and benefits | -3,831.1a | -3,494a | -3,089.8a |
| Sales, distribution and marketing | -1,863.1a | -1,613.1a | -1,845.6a |
| Information systems and technology | -620.1a | -505a | -500.2a |
| Occupancy | -325.4a | -228.9a | -218.9a |
| Amortization of intangible assets | -338.2a | -341.1a | -282a |
| Impairment of intangible assets | -389.2a | 0a | 0a |
| General, administrative and other | -703.3a | -565a | -564.9a |
| Total operating expenses | -8,070.4a | -6,747.1a | -6,501.4a |
| Operating income | 407.6a | 1,102.3a | 1,773.9a |
| Other income (expenses) | — | — | — |
| Investment and other income, net | 395.5a | 262.3a | 91.1a |
| Interest expense | -97.2a | -123.7a | -98.2a |
| Investment and other income (losses) of consolidated investment products, net | 149.9a | 115.8a | -17.7a |
| Expenses of consolidated investment products | -32.6a | -18.7a | -19.7a |
| Other income (expenses), net | 415.6a | 235.7a | -44.5a |
| Income before taxes | 823.2a | 1,338a | 1,729.4a |
| Taxes on income | -215.3a | -312.3a | -396.2a |
| Net income | 607.9a | 1,025.7a | 1,333.2a |
| Less: net income (loss) attributable to | — | — | — |
| Redeemable noncontrolling interests | 127.9a | 135.5a | -46.9a |
| Nonredeemable noncontrolling interests | 15.2a | 7.4a | 88.2a |
| Net income attributable to Franklin Resources, Inc. | 464.8a | 882.8a | 1,291.9a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.