FRANKLIN RESOURCES INC

For the period ended Jun 30, 2024. Filed Jul 26, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 26, 2024

BEN$36.29+1.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Stockholders’ Equity

Franklin Resources, Inc. · Non-redeemableNon-controllingInterests · TotalStockholders’Equity
Common Stock · CapitalinExcessof ParValue · RetainedEarnings · Accum-ulatedOtherCompre-hensiveLoss · Stockholders’Equity
(in millions)
for the nine months ended June 30, 2024 · Shares · Amount
Balance at October 1, 2023	495.9	$49.6		$—		$12,376.6		$(509.3)			$11,916.9			$630.9		$12,547.8
Net income (loss)				251.3			251.3			(4.5)			246.8
Other comprehensive income					59.0		59.0					59.0
Dividends declared on common stock ($0.31 per share)				(167.6)			(167.6)					(167.6)
Repurchase of common stock	(2.4)	(0.2)		(66.6)		8.0				(58.8)					(58.8)
Issuance of common stock	1.2	0.1		26.7					26.8					26.8
Stock-based compensation			39.9				39.9					39.9
Net subscriptions and other								9.6			9.6
Adjustment to fair value of redeemable noncontrolling interests				(65.9)			(65.9)					(65.9)
Balance at December 31, 2023	494.7	$49.5		$—		$12,402.4		$(450.3)			$12,001.6			$636.0		$12,637.6
Net income				124.2			124.2			8.3			132.5
Other comprehensive loss					(28.9)		(28.9)					(28.9)
Dividends declared on common stock ($0.31 per share)				(169.3)			(169.3)					(169.3)
Repurchase of common stock	(0.4)	(0.1)		(11.6)		—				(11.7)					(11.7)
Issuance of common stock	0.3	—		10.7					10.7					10.7
Stock-based compensation			86.3				86.3					86.3
Acquisition	31.6	3.2		936.9					940.1			25.8			965.9
Net subscriptions and other								63.1			63.1
Net deconsolidation of investment products								(12.6)			(12.6)
Adjustment to fair value of redeemable noncontrolling interests				(91.9)			(91.9)					(91.9)
Balance at March 31, 2024	526.2	$52.6		$1,022.3		$12,265.4		$(479.2)			$12,861.1			$720.6		$13,581.7
Net income				174.0			174.0			15.0			189.0
Other comprehensive loss					(8.7)		(8.7)					(8.7)
Dividends declared on common stock ($0.31 per share)				(167.0)			(167.0)					(167.0)
Repurchase of common stock	(4.3)	(0.4)		(101.1)		—				(101.5)					(101.5)
Issuance of common stock	0.2	—		4.5					4.5					4.5
Stock-based compensation			58.9				58.9					58.9
Net subscriptions and other								29.4			29.4
Adjustment to fair value of redeemable noncontrolling interests				48.9			48.9					48.9
Balance at June 30, 2024	522.1	$52.2		$984.6		$12,321.3		$(487.9)			$12,870.2			$765.0		$13,635.2

Franklin Resources, Inc. · Non-redeemableNon-controllingInterests · TotalStockholders’Equity
Common Stock · CapitalinExcessof ParValue · RetainedEarnings · Accum-ulatedOtherCompre-hensiveLoss · Stockholders’Equity
(in millions)
for the nine months ended June 30, 2023 · Shares · Amount
Balance at October 1, 2022	499.6	$50.0		$—		$12,045.6		$(621.0)			$11,474.6			$824.3		$12,298.9
Net income				165.6			165.6			3.5			169.1
Other comprehensive income					124.7		124.7					124.7
Dividends declared on common stock ($0.30 per share)				(153.6)			(153.6)					(153.6)
Repurchase of common stock	(0.5)	(0.1)		(69.1)		55.0				(14.2)					(14.2)
Issuance of common stock	1.2	0.1		33.5					33.6					33.6
Stock-based compensation			35.6				35.6					35.6
Net subscriptions and other								97.1			97.1
Net deconsolidation of investment products								(35.7)			(35.7)
Balance at December 31, 2022	500.3	$50.0		$—		$12,112.6		$(496.3)			$11,666.3			$889.2		$12,555.5
Net income (loss)				194.2			194.2			(4.3)			189.9
Other comprehensive income					17.9		17.9					17.9
Dividends declared on common stock ($0.30 per share)				(153.8)			(153.8)					(153.8)
Repurchase of common stock	(0.1)	—		(66.0)		62.4				(3.6)					(3.6)
Issuance of common stock	0.7	0.1		25.2					25.3					25.3
Stock-based compensation			40.8				40.8					40.8
Net subscriptions and other								50.1			50.1
Net deconsolidation of investment products								(324.2)			(324.2)
Adjustment to fair value of redeemable noncontrolling interests				44.7			44.7					44.7
Balance at March 31, 2023	500.9	$50.1		$—		$12,260.1		$(478.4)			$11,831.8			$610.8		$12,442.6
Net income (loss)				227.5			227.5			(7.7)			219.8
Other comprehensive income					15.9		15.9					15.9
Dividends declared on common stock ($0.30 per share)				(152.9)			(152.9)					(152.9)
Repurchase of common stock	(2.0)	(0.2)		(15.9)		(34.8)				(50.9)					(50.9)
Issuance of common stock	0.1	—		3.6					3.6					3.6
Stock-based compensation			12.3				12.3					12.3
Net distributions and other								(11.3)			(11.3)
Net deconsolidation of investment products								(0.7)			(0.7)
Adjustment to fair value of redeemable noncontrolling interests				60.8			60.8					60.8
Balance at June 30, 2023	499.0	$49.9		$—		$12,360.7		$(462.5)			$11,948.1			$591.1		$12,539.2

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