BEN Financial Services

Franklin Templeton Inc.

$32.36+1.22%

Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026

Basics

Sector: Financial Services
Industry: Asset Management
Country: United States
Market cap: 16.4B USD
Enterprise value: 14.4B USD
Full-time employees: 10,100

Overall health

Strength: growing faster than most peersgrowing faster than peers
Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: its share price swings more than most peers’ (beta 1.58 vs a peer median of 0.70)bigger price swings (beta 1.58 vs peers 0.70)
About average: risk (debt, liquidity and share-price swings)risk

Ranks #100 of 232 financial services companies (top 44%)

See how it ranks against its peers

Worth knowing

Buybacks largely absorbed by stock pay. Stock-based pay expense $644M vs $771M spent repurchasing shares over the 3 fiscal years to FY Sep 2025. Shares outstanding changed +1.7% from September 2022 to July 2026.
Over three fiscal years Franklin Templeton recorded $644M of stock-based pay expense and spent $771M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). The share count barely moved (+1.7%), so much of the repurchasing offset new employee shares rather than shrinking the count.Over three fiscal years Franklin Templeton recorded $644M of stock-based pay expense and spent $771M repurchasing shares. The share count barely moved (+1.7%), so much of the repurchasing offset new employee shares rather than shrinking the count.
Profit isn't fully turning into cash. Free cash flow is only 28% of reported profit.
Free cash flow is only 28% of reported profit. That usually means heavy spending on facilities and equipment, or cash tied up in inventory and unpaid bills. Worth checking whether it's a phase of investment or a lasting pattern.
Sales growing faster than profits. Since FY Sep 2022: revenue +6.0%, operating profit −66%.
Since FY Sep 2022, Franklin Templeton's revenue changed +6.0% while operating profit fell 66%: costs rose faster than sales.
More volatile share price. Beta 1.58: tends to move more than the market.
Franklin Templeton's shares have swung more with the market than most peers' (beta 1.58, above the market's 1.0).

StockQuotient Score

54/ 100

Oct 5 54 → Nov 4 54

Valuation

Is the price right?

39/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

Share count down 2.2%

Valuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield4.9%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.21Sector median: 0.0571 · MAD: 0.0371

EBITDA yield6.9%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.00Sector median: 0.0689 · MAD: 0.0428

Free cash flow yield1.4%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.78Sector median: 0.0613 · MAD: 0.0605

Other data (not scored)

Book yield71.4%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.8352 · MAD: 0.4517

Growth

Is it growing?

84/100

Strong

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 3.3%

Why

Stronger than most peers on:

▲ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth157.5%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 5.32Sector median: 0.0999 · MAD: 0.2773

3-year revenue growth6.1%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.45Sector median: 0.0999 · MAD: 0.0858

Revenue growth7.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.04Sector median: 0.0742 · MAD: 0.1477

Profitability

Does it earn well?

34/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Operating margin

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin9.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.94Sector median: 0.2353 · MAD: 0.1462

Return on assets2.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.13Sector median: 0.0256 · MAD: 0.0233

Return on invested capital6.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.11Sector median: 0.0630 · MAD: 0.0518

Other data (not scored)

Gross margin37.7%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.7878 · MAD: 0.2122

Return on equity6.9%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0939 · MAD: 0.0702

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why it changed since the Oct 27, 2026 close: Safety percentile 61 → 60

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ Current ratio
▲ Debt / equity
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.58

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.81Sector median: 0.7010 · MAD: 0.3115

Current ratio5.49×

Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score 2.78Sector median: 2.0250 · MAD: 1.2470

Debt / equity0.20×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.68Sector median: 0.5734 · MAD: 0.5454

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Franklin Templeton

Is Franklin Templeton getting weaker?: Its latest SEC filing (Jul 31, 2026) got stronger: share count down 2.2%. Its overall score is unchanged at 54/100 since Oct 28, 2026.
How is Franklin Templeton valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 39/100 against 432 financial services peers. Free cash flow yield 1.4% vs a peer median of 6.1% (weaker than 77% of peers).Free cash flow yield 1.4% vs peers 6.1% (weaker than 77% of peers).
Is Franklin Templeton growing?: Yes, faster than most of its peers. Growth scores 84/100 against 432 financial services peers. Earnings per share growth 157.5% vs a peer median of 10.0% (stronger than 93% of peers).Earnings per share growth 157.5% vs peers 10.0% (stronger than 93% of peers). 3-year revenue growth 6.1% vs a peer median of 10.0% (weaker than 62% of peers).3-year revenue growth 6.1% vs peers 10.0% (weaker than 62% of peers).
How profitable is Franklin Templeton?: Less profitable than most of its peers. Profitability scores 34/100 against 432 financial services peers. Operating margin 9.7% vs a peer median of 23.5% (weaker than 75% of peers).Operating margin 9.7% vs peers 23.5% (weaker than 75% of peers).
How risky is Franklin Templeton?: Moderate risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings. Current ratio 5.49× vs a peer median of 2.02× (stronger than 75% of peers).Current ratio 5.49× vs peers 2.02× (stronger than 75% of peers). Beta 1.58 vs a peer median of 0.70 (weaker than 94% of peers).Beta 1.58 vs peers 0.70 (weaker than 94% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Jul 31, 2026 · compared with the quarter ended Mar 31, 2026

Got stronger

Share count down 2.2%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	9.0B USD	9.3B USD	+3.3%
Net income (12 months)	733.6M USD	812.8M USD	+10.8%
Operating margin	9.3%	9.7%	+0.4 pts
Debt	2.3B USD	2.4B USD	+6.6%
Cash	3.6B USD	3.8B USD	+5.4%
Shares outstanding	519.6M	508.1M	−2.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Asset Management · 43 companies

Valuations in Asset Management are near the top of their range since 2016.

95% of months since 2016 were valued lower than now.
37% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +10% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is +31% vs the whole market, against a usual +6%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY Sep 2021	FY Sep 2022	FY Sep 2023	FY Sep 2024	FY Sep 2025	Change
Operating margin	22.3%	21.4%	14.0%	4.8%	6.9%	▲ 2.1 pts
Net margin	21.7%	15.6%	11.2%	5.5%	6.0%	▲ 0.5 pts
Return on assets (ROA)	7.6%	4.6%	2.9%	1.4%	1.6%	▲ 0.2 pts
Return on equity (ROE)	16.3%	11.3%	7.4%	3.7%	4.3%	▲ 0.6 pts
Free cash flow margin	13.8%	22.6%	12.0%	9.4%	10.4%	▲ 1.0 pts
Debt to equity	0.30×	0.29×	0.26×	0.22×	0.20×	▼ 12%
Interest coverage	21.96×	18.06×	8.91×	4.19×	6.37×	▲ 52%

BEN price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

White Mountains Insurance Group, Ltd.WTM94/ 100

The Allstate CorporationALL93/ 100

PT Saratoga Investama Sedaya TbkSRTG.JK93/ 100

Bringing the fundamentals into focus…

Overall health

Strength: growing faster than most peersgrowing faster than peers

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: its share price swings more than most peers’ (beta 1.58 vs a peer median of 0.70)bigger price swings (beta 1.58 vs peers 0.70)

About average: risk (debt, liquidity and share-price swings)risk

Ranks #100 of 232 financial services companies (top 44%)

See how it ranks against its peers

Worth knowing

Buybacks largely absorbed by stock pay. Stock-based pay expense $644M vs $771M spent repurchasing shares over the 3 fiscal years to FY Sep 2025. Shares outstanding changed +1.7% from September 2022 to July 2026.

Over three fiscal years Franklin Templeton recorded $644M of stock-based pay expense and spent $771M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). The share count barely moved (+1.7%), so much of the repurchasing offset new employee shares rather than shrinking the count.Over three fiscal years Franklin Templeton recorded $644M of stock-based pay expense and spent $771M repurchasing shares. The share count barely moved (+1.7%), so much of the repurchasing offset new employee shares rather than shrinking the count.

Profit isn't fully turning into cash. Free cash flow is only 28% of reported profit.

Free cash flow is only 28% of reported profit. That usually means heavy spending on facilities and equipment, or cash tied up in inventory and unpaid bills. Worth checking whether it's a phase of investment or a lasting pattern.

Sales growing faster than profits. Since FY Sep 2022: revenue +6.0%, operating profit −66%.

Since FY Sep 2022, Franklin Templeton's revenue changed +6.0% while operating profit fell 66%: costs rose faster than sales.

More volatile share price. Beta 1.58: tends to move more than the market.

Franklin Templeton's shares have swung more with the market than most peers' (beta 1.58, above the market's 1.0).

Questions investors ask about Franklin Templeton

Is Franklin Templeton getting weaker?

Its latest SEC filing (Jul 31, 2026) got stronger: share count down 2.2%. Its overall score is unchanged at 54/100 since Oct 28, 2026.

How is Franklin Templeton valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 39/100 against 432 financial services peers. Free cash flow yield 1.4% vs a peer median of 6.1% (weaker than 77% of peers).Free cash flow yield 1.4% vs peers 6.1% (weaker than 77% of peers).

Is Franklin Templeton growing?

Yes, faster than most of its peers. Growth scores 84/100 against 432 financial services peers. Earnings per share growth 157.5% vs a peer median of 10.0% (stronger than 93% of peers).Earnings per share growth 157.5% vs peers 10.0% (stronger than 93% of peers). 3-year revenue growth 6.1% vs a peer median of 10.0% (weaker than 62% of peers).3-year revenue growth 6.1% vs peers 10.0% (weaker than 62% of peers).

How profitable is Franklin Templeton?

Less profitable than most of its peers. Profitability scores 34/100 against 432 financial services peers. Operating margin 9.7% vs a peer median of 23.5% (weaker than 75% of peers).Operating margin 9.7% vs peers 23.5% (weaker than 75% of peers).

How risky is Franklin Templeton?

Moderate risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings. Current ratio 5.49× vs a peer median of 2.02× (stronger than 75% of peers).Current ratio 5.49× vs peers 2.02× (stronger than 75% of peers). Beta 1.58 vs a peer median of 0.70 (weaker than 94% of peers).Beta 1.58 vs peers 0.70 (weaker than 94% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

9.0B USD

9.3B USD

+3.3%

Net income (12 months)

733.6M USD

812.8M USD

+10.8%

Operating margin

9.3%

9.7%

+0.4 pts

Debt

2.3B USD

2.4B USD

+6.6%

Cash

3.6B USD

3.8B USD

+5.4%

Shares outstanding

519.6M

508.1M

−2.2%

Key ratios

FY Sep 2021

FY Sep 2022

FY Sep 2023

FY Sep 2024

FY Sep 2025

Change

Operating margin

22.3%

21.4%

14.0%

4.8%

6.9%

▲ 2.1 pts

Net margin

21.7%

15.6%

11.2%

5.5%

6.0%

▲ 0.5 pts

Return on assets (ROA)

7.6%

4.6%

2.9%

1.4%

1.6%

▲ 0.2 pts

Return on equity (ROE)

16.3%

11.3%

7.4%

3.7%

4.3%

▲ 0.6 pts

Free cash flow margin

13.8%

22.6%

12.0%

9.4%

10.4%

▲ 1.0 pts

Debt to equity

0.30×

0.29×

0.26×

0.22×

0.20×

▼ 12%

Interest coverage

21.96×

18.06×

8.91×

4.19×

6.37×

▲ 52%