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Sep 30, 2023

Franklin Resources Q4 2023 Earnings Report

Franklin Resources reported preliminary Q4 2023 results, with adjusted EPS of $0.84 and AUM of $1.374 trillion.

Key Takeaways

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.

Net income for the quarter was $295.5 million, or $0.58 per diluted share.

Adjusted net income for the quarter was $427.0 million, or $0.84 per diluted share.

AUM ended the quarter at $1,374.2 billion.

The company repurchased 7.0 million shares of its common stock for a total cost of $187.6 million during the quarter.

Total Revenue
$1.99B
Previous year: $1.94B
+2.4%
EPS
$0.84
Previous year: $0.78
+7.7%
Total AUM
$1.37T
Previous year: $1.3T
+5.9%
Equity AUM
$430B
Fixed Income AUM
$483B
Gross Profit
$1.16B
Previous year: $758M
+53.0%
Cash and Equivalents
$5.9B
Previous year: $5.8B
+1.7%
Free Cash Flow
$746M
Previous year: $832M
-10.3%
Total Assets
$1.37T
Previous year: $1.3T
+5.9%

Franklin Resources

Franklin Resources

Franklin Resources Revenue by Segment

Franklin Resources Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income