Franklin Resources Earnings Reports

Franklin Resources reported a net income of $163.6 million, or $0.29 per diluted share, for the quarter ended December 31, 2024. Long-term net outflows were $50 billion, but excluding Western Asset Management, long-term net inflows were $18 billion. The company's AUM ended the quarter at $1,575.7 billion.

Franklin Resources reported a net loss of $84.7 million for Q4 2024, compared to a net income of $295.5 million in the same quarter last year. However, the company's AUM reached a record $1.6786 trillion, driven by a market rally and positive flows in alternative and multi-asset investment strategies. The acquisition of Putnam Investments has exceeded expectations, contributing to AUM growth and cost savings.

Franklin Resources reported net income of $174.0 million, or $0.32 per diluted share, for the quarter ended June 30, 2024. The company saw positive developments across its business, with client demand leading to positive net flows in multi-asset and alternative strategies. The company is also investing in technology to optimize the client experience and support business growth.

Franklin Resources reported a net income of $124.2 million, or $0.23 per diluted share, for the quarter ended March 31, 2024. The company saw positive contributions across asset classes, investment vehicles, and geographies, including long-term net inflows of $6.9 billion. Total assets under management (AUM) were $1,644.7 billion at the end of the quarter, up 13% due to the acquisition of Putnam Investments and positive net market changes.

Franklin Resources reported a net income of $251.3 million, or $0.50 per diluted share, for the quarter ended December 31, 2023. The company's AUM increased to $1.455 trillion, driven by net market changes and cash management inflows, partially offset by long-term net outflows. The acquisition of Putnam Investments was completed on January 1, 2024, adding $148 billion in AUM.

Franklin Resources reported a net income of $295.5 million, or $0.58 per diluted share, for the quarter ended September 30, 2023. Adjusted net income was $427.0 million, with adjusted diluted earnings per share of $0.84. The company's AUM ended the quarter at $1.374 trillion.

Franklin Resources reported net income of $227.5 million, or $0.44 per diluted share, for the quarter ended June 30, 2023. The company's adjusted operating income improved by 8% compared to the prior quarter, driven by positive net flows in alternative and multi-asset strategies. Total assets under management (AUM) were $1,431.5 billion at the end of the quarter.

Franklin Resources reported net income of $194.2 million, or $0.38 per diluted share, for the quarter ended March 31, 2023. The company saw positive momentum across its business, including long-term flows, relative investment performance, and diversification by product and vehicle. Total assets under management were $1,422.1 billion at the end of the quarter.

Franklin Resources, Inc. announced first quarter results with a net income of $165.6 million, or $0.32 per diluted share. Despite challenging market conditions, the company saw positive developments, including net inflows into cash management strategies and key growth areas. The acquisition of Alcentra also increased alternative AUM to $257 billion.

Franklin Resources reported a net income of $232.7 million, or $0.46 per diluted share, for the quarter ended September 30, 2022. Adjusted net income was $394.4 million, with adjusted diluted earnings per share at $0.78. The company's AUM ended at $1,297.4 billion.

Franklin Resources reported a net income of $256.4 million, or $0.50 per diluted share, for the quarter ended June 30, 2022. Operating income was $404.7 million. Total assets under management were $1,379.8 billion at the end of the quarter.

Franklin Resources reported a decrease in net income and diluted earnings per share for the quarter ended March 31, 2022, compared to both the previous quarter and the same quarter last year. However, the company saw long-term net inflows into higher fee products in the multi-asset category and at alternative specialist investment managers.

Franklin Resources reported a mixed first quarter. While operating income and revenues increased year over year, net income decreased compared to the previous quarter. The company's AUM grew, driven by long-term net inflows and acquisitions. Strategic investments in alternatives, SMAs, wealth management, and ESG remained a focus.

Franklin Resources reported a net income of $665.7 million, or $1.30 per diluted share, for the quarter ended September 30, 2021. Operating income was $531.5 million. Total assets under management were $1,530.1 billion at the end of the quarter.

Franklin Resources reported net income of $438.4 million, or $0.86 per diluted share, for the quarter ended June 30, 2021. Adjusted operating income increased by 3% to $601.2 million from the prior quarter. Total assets under management (AUM) were $1,552.1 billion at June 30, 2021.

Franklin Resources, Inc. announced net income of $381.8 million, or $0.74 per diluted share, for the quarter ended March 31, 2021. The company saw an increase in gross sales of 32% from the prior quarter and positive net flows into several investment areas. Total assets under management were $1,498.9 billion at the end of the quarter.

Franklin Resources reported net income of $345.3 million, or $0.67 per diluted share, for the quarter ended December 31, 2020. The company's AUM reached a record high of approximately $1.5 trillion, driven primarily by strong market performance. Investment performance broadly improved, and momentum continued to build with positive net flows into several investment groups.

Franklin Resources reported preliminary net income of $78.9 million, or $0.15 per diluted share, for the quarter ended September 30, 2020. The quarter's results include two months of Legg Mason. Total assets under management (AUM) were $1,418.9 billion, up 128% during the quarter.

Franklin Resources reported a net income of $290.4 million, or $0.58 per diluted share, for the quarter ended June 30, 2020. The increase in net income was driven by the mark-to-market of the Company’s investment portfolio. The acquisition of Legg Mason is expected to close ahead of schedule.

Franklin Resources reported a net income of $79.1 million, a significant decrease compared to the previous quarter and the same quarter last year. However, adjusted EPS was $0.66, slightly lower than the previous quarter but higher than the same quarter last year. Total assets under management (AUM) decreased to $580.3 billion.

Franklin Resources, Inc. announced net income of $350.5 million or $0.70 per diluted share for the quarter ended December 31, 2019, as compared to $275.9 million or $0.54 per diluted share for the quarter ended December 31, 2018. Total assets under management were $698.3 billion at December 31, 2019.