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Dec 31, 2020

Franklin Resources Q1 2021 Earnings Report

Franklin Resources reported strong operating and financial results, driven by record high AUM and improved investment performance.

Key Takeaways

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.

AUM reached a record high of approximately $1.5 trillion.

Net income was $345.3 million, or $0.67 per diluted share.

Operating income was $409.1 million.

Investment performance broadly improved, with positive net flows into several investment groups.

Total Revenue
$2B
Previous year: $1.41B
+41.2%
EPS
$0.73
Previous year: $0.7
+4.3%
Total AUM
$1.5T
Previous year: $698B
+114.5%
Equity AUM
$496B
Previous year: $281B
+76.7%
Fixed Income AUM
$670B
Previous year: $271B
+147.3%
Gross Profit
$763M
Previous year: $579M
+31.7%
Cash and Equivalents
$5.3B
Previous year: $7.8B
-32.1%
Free Cash Flow
$278M
Previous year: $6M
+4526.7%
Total Assets
$1.5T
Previous year: $15B
+9885.5%

Franklin Resources

Franklin Resources

Franklin Resources Revenue by Segment

Franklin Resources Revenue by Geographic Location

Forward Guidance

The company did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income