Franklin Resources Stock Net Income
| BEN Stock | USD 22.21 0.51 2.24% |
Franklin Resources fundamentals help investors to digest information that contributes to Franklin Resources' financial success or failures. It also enables traders to predict the movement of Franklin Stock. The fundamental analysis module provides a way to measure Franklin Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Franklin Resources stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 607.9 M | 1.1 B | |
| Net Income Applicable To Common Shares | 971.9 M | 1.4 B | |
| Net Income From Continuing Ops | 607.9 M | 1.2 B | |
| Net Income Per Share | 0.91 | 1.11 | |
| Net Income Per E B T | 0.56 | 0.54 |
Franklin | Net Income |
Franklin Resources Company Net Income Analysis
Franklin Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Franklin Resources Net Income | 607.9 M |
Most of Franklin Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Franklin Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Franklin Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Franklin Resources is extremely important. It helps to project a fair market value of Franklin Stock properly, considering its historical fundamentals such as Net Income. Since Franklin Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Franklin Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Franklin Resources' interrelated accounts and indicators.
Franklin Net Income Historical Pattern
Today, most investors in Franklin Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Franklin Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Franklin Resources net income as a starting point in their analysis.
Franklin Resources Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Franklin Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Franklin Resources reported net income of 607.9 M. This is 52.41% lower than that of the Capital Markets sector and 123.14% higher than that of the Financials industry. The net income for all United States stocks is 6.47% lower than that of the firm.
Franklin Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Franklin Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Franklin Resources could also be used in its relative valuation, which is a method of valuing Franklin Resources by comparing valuation metrics of similar companies.Franklin Resources is currently under evaluation in net income category among its peers.
Franklin Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Franklin Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Franklin Resources' managers, analysts, and investors.Environmental | Governance | Social |
Franklin Resources Institutional Holders
Institutional Holdings refers to the ownership stake in Franklin Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Franklin Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Franklin Resources' value.| Shares | Royal Bank Of Canada | 2024-06-30 | 3.8 M | Voloridge Investment Management, Llc | 2024-09-30 | 3.6 M | First Trust Advisors L.p. | 2024-06-30 | 3.5 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3 M | Northern Trust Corp | 2024-09-30 | 2.8 M | Aqr Capital Management Llc | 2024-06-30 | 2.5 M | Amundi | 2024-06-30 | 2.4 M | Vest Financial | 2024-09-30 | 2.2 M | Legal & General Group Plc | 2024-06-30 | 2.2 M | Vanguard Group Inc | 2024-09-30 | 36.6 M | Power Corporation Of Canada | 2024-09-30 | 32.3 M |
Franklin Fundamentals
| Return On Equity | 0.0432 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 20.58 B | ||||
| Shares Outstanding | 523.67 M | ||||
| Shares Owned By Insiders | 46.85 % | ||||
| Shares Owned By Institutions | 45.91 % | ||||
| Number Of Shares Shorted | 27.48 M | ||||
| Price To Earning | 17.04 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 1.40 X | ||||
| Revenue | 8.48 B | ||||
| Gross Profit | 3.14 B | ||||
| EBITDA | 796.8 M | ||||
| Net Income | 607.9 M | ||||
| Cash And Equivalents | 4.78 B | ||||
| Cash Per Share | 7.64 X | ||||
| Total Debt | 965.1 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 4.37 X | ||||
| Book Value Per Share | 23.89 X | ||||
| Cash Flow From Operations | 971.3 M | ||||
| Short Ratio | 7.15 X | ||||
| Earnings Per Share | 0.85 X | ||||
| Price To Earnings To Growth | 1.52 X | ||||
| Target Price | 19.79 | ||||
| Number Of Employees | 10.2 K | ||||
| Beta | 1.4 | ||||
| Market Capitalization | 11.9 B | ||||
| Total Asset | 32.46 B | ||||
| Retained Earnings | 11.93 B | ||||
| Working Capital | 4.07 B | ||||
| Current Asset | 7.62 B | ||||
| Current Liabilities | 1.31 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.71 % | ||||
| Net Asset | 32.46 B | ||||
| Last Dividend Paid | 1.24 |
About Franklin Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Franklin Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franklin Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Franklin Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Franklin Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
| 0.77 | V | Visa Class A | PairCorr |
| 0.81 | DHIL | Diamond Hill Investment | PairCorr |
| 0.82 | DIST | Distoken Acquisition | PairCorr |
| 0.71 | AB | AllianceBernstein | PairCorr |
| 0.68 | AC | Associated Capital | PairCorr |
Moving against Franklin Stock
The ability to find closely correlated positions to Franklin Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Resources to buy it.
The correlation of Franklin Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Franklin Resources Piotroski F Score and Franklin Resources Altman Z Score analysis. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 1.24 | Earnings Share 0.85 | Revenue Per Share 16.64 | Quarterly Revenue Growth 0.113 |
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.