NYSE$BEN

Franklin Resources Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced preliminary results for the fourth quarter and fiscal year.

Franklin Resources reported a net income of $232.7 million, or $0.46 per diluted share, for the quarter ended September 30, 2022. Adjusted net income was $394.4 million, with adjusted diluted earnings per share at $0.78. The company's AUM ended at $1,297.4 billion.

  • Net income was $232.7 million, or $0.46 per diluted share.
  • Adjusted net income was $394.4 million and adjusted diluted earnings per share was $0.78.
  • AUM ended at $1,297.4 billion.
  • The company repurchased 1.0 million shares of its common stock for a total cost of $27.3 million.

Headline financials

Total Revenue

$1.94B

Previous: $2.18B-11.1%
EPS (adj)

$0.78

Previous: $1.26-38.1%
Total AUM

$1.3T

Previous: $1.53T-15.2%
Capital Expenditures

$34.7M

Previous: $44.4M-21.8%
Free Cash Flow

$832M

Previous: $462M+80.1%
Net Income

$233M

Previous: $666M-65.0%
Operating Income

$349M

Previous: $532M-34.4%
Gross Profit

$758M

Previous: $912M-16.9%
Cash & Equivalents

$5.8B

Previous: $5.9B-1.7%
Total Assets

$1.3T

Previous: $1.53T-15.2%
Stock-Based Comp

$47.3M

Previous: $45.3M+4.4%

Revenue & EPS history

Franklin Resources · Revenue · Quarterly

$1.94B

Q4 2022-11.1%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Franklin Resources · $1.94B total across 4 segments · Q4 2022

  • Investment Mgmt Fees
    $1.57B-7.9%
  • Sales & Distribution
    $311M-23.8%
  • Shareholder Servicing
    $46.2M-16.9%
  • Other Revenue
    $10.8M-8.5%

Forward guidance

The document does not contain specific forward guidance. Therefore, a summary and related bullet points cannot be provided.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.3%

Avg return

30 days after

46%

33 / 72 earnings

Positive

+19.7%

Q4 2021

Best reaction

-18.4%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.1%+8.2%+12.0%
Q1 2026+0.7%+7.5%+2.6%
Q4 2025-4.5%-0.9%+0.6%
Q2 2025+6.8%+9.2%+15.5%
Q1 2025+10.4%+2.5%+0.5%
Q4 2024+0.5%+1.0%+8.8%
Q3 2024-4.5%-3.3%-11.4%
Q2 2024-8.6%-6.4%-9.0%
Q1 2024-1.7%-2.5%-2.1%
Q4 2023+0.2%+7.7%+10.2%
Q3 2023+2.9%-0.2%-9.2%
Q2 2023-6.2%-5.0%-10.7%
Q1 2023+1.6%+8.3%-5.3%
Q4 2022-3.8%-0.5%+16.3%
Q3 2022+7.9%+7.7%+4.2%
Q2 2022+5.8%-1.3%+6.0%
Q1 2022+0.6%-2.7%-8.6%
Q4 2021+19.7%+13.9%+1.0%
Q3 2021+2.8%+6.3%+9.0%
Q2 2021+11.3%+12.7%+17.4%
Q1 2021-2.7%-2.7%-3.6%
Q4 2020-18.4%-17.9%-2.3%
Q3 2020+0.5%+0.1%+1.6%
Q2 2020-2.5%-2.9%+2.1%
Q1 2020+1.9%+3.0%-12.4%
Q4 2019+1.0%-0.2%-2.9%
Q3 2019-5.7%-9.1%-23.8%
Q2 2019-3.6%-4.0%-6.1%
Q1 2019-5.1%-3.5%+4.7%
Q4 2018+3.5%+9.4%+15.0%
Q3 2018+4.8%-0.9%-0.2%
Q2 2018+2.1%-1.6%+1.3%
Q1 2018-6.0%-9.4%-15.0%
Q4 2017-2.9%-4.6%-6.7%
Q3 2017-2.4%-4.3%-7.0%
Q2 2017+1.1%+1.1%-1.4%
Q1 2017-1.5%-1.9%+4.8%
Q4 2016-1.1%-3.3%+12.9%
Q3 2016+3.8%+0.6%+3.8%
Q2 2016-5.1%
Q1 2016+4.8%
Q4 2015+5.9%
Q3 2015-0.8%
Q2 2015-1.1%
Q1 2015-0.6%
Q4 2014+1.8%
Q3 2014-5.2%
Q2 2014-2.3%
Q1 2014-1.2%
Q4 2013+0.4%
Q3 2013+0.1%
Q2 2013+1.8%
Q1 2013+1.4%
Q4 2012-0.3%
Q3 2012+2.5%
Q2 2012-5.2%
Q1 2012+6.7%
Q4 2011-2.2%
Q3 2011-1.2%
Q2 2011-0.9%
Q1 2011+2.4%
Q4 2010-2.5%
Q3 2010-3.0%
Q2 2010-7.0%
Q1 2009-0.8%
Q1 2010+2.5%
Q4 2009-0.6%
Q2 2009-0.6%
Q4 2007-0.6%
Q3 2009-0.1%
Q3 2008-0.1%
Q4 2008-0.1%

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