BEN
Franklin Resources
$33.74
▼ 0.8%Updated Aug 7, 11:30 AM ET
BEN at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 56/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 46.3% over the last 12 months
Market Cap
$17.72B
P/E
23.89x
Forward P/E (est.)
17.07x
ROE
6.0%
Revenue Growth
3.8%
EPS Growth
81.9%
Profit Margin
8.1%
FCF Yield
9.5%
Debt / Equity
1.02x
ROIC
3.0%
Interest Coverage
6.37x
Current Ratio
5.3x
Dividend Yield
4.1%
Implied Growth (rev. DCF)
3.7%
Rating Score
56/100
Franklin Resources (BEN) is a large-cap company in the Asset Management & Custody Banks industry, part of the Financials sector of the S&P 500, with a market value around $17.72B.
In its latest reported year it generated about $8.77B in revenue and $524.90M in net profit.
Our model rates BEN Neutral (56/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (8 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
8.6% average over the last 3 years
±8.8 pts around 18.4% across 8 years
grew in 3 of the last 7 year-over-year periods
positive in 8 of 8 years
3.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what BEN's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. BEN trades near $33.74, above its 50-day average ($31.36) and 200-day average ($26.13). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 70 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. BEN's is $1.02 (~3.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month BEN found buyers near $30.56 (support) and sellers near $34.55 (resistance); its 52-week range is $21.11–$34.55. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
1.0%
Revenue moved from $6.20B in 2018 to $8.77B in 2025, a 5.1% compound annual growth rate. The most recent year was roughly flat (3.8%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
36.3%
Operating Margin
6.9%
Net Margin
6.0%
ROE
6.0%
Franklin Resources keeps about 8.1% of each sales dollar as net profit, with a 36.3% gross margin and 6.9% operating margin. Return on equity is 6.0% and return on invested capital about 3.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$2.25B
Net Debt
-$2.29B
Net cash position
Net Debt / EBITDA
-3.79x
Debt / Equity
1.02x
Leverage: debt-to-equity is 1.0x, and operating profit covers interest about 6.4x, with a current ratio of 5.3x. That is a moderate, manageable debt load for most businesses. It carries roughly $2.25B of total debt against $4.54B of cash.
Operating CF
$1.07B
Free Cash Flow
$911.60M
FCF Margin
10.4%
In the latest year Franklin Resources produced about $1.07B of operating cash flow and $911.60M of free cash flow after capital spending. That is a free-cash-flow yield of about 9.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
4.1%
Per share (latest FY)
$1.28
Total paid (latest FY)
$683.70M
History on record
8 years
dividend uses 75% of free cash flow
130% of net income paid out
total dividends increased 6 years in a row
payout was cut at least once in the last 8 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
23.89x
P/S
1.97x
P/B
1.01x
EV / EBITDA
—
BEN trades at 23.9x trailing earnings (about 17.1x on estimated forward earnings), 2.0x sales, and 1.0x book value. Reverse-engineering today's price implies the market expects roughly 3.7% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$29.81
Current price
$33.74
Starting FCF (latest 10-K)
$911.60M
Growth, years 1–5
3.8%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where BEN sits versus its Financials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 141 Financials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How BEN stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.
In the Financials sector (289 S&P 500 companies), BEN ranks #98 of 289 by our overall rating. It trades at a premium versus the sector on earnings (23.9x P/E vs. 15.8x median) with a lower return on equity (6.0% vs. 13.6%) and slower revenue growth (3.8% vs. 15.9%).
P/E vs sector
23.9x
median 15.8x
ROE vs sector
6.0%
median 13.6%
Growth vs sector
3.8%
median 15.9%
Sector rank
#98
of 289 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Financials companies by sub-industry and size. Sector median is across all 289 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $33.74 today · expected CAGR -13% – -3%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $9.12B | $9.49B | $9.87B | $10.26B | $10.67B |
| Net income | $547.29M | $569.18M | $591.95M | $615.63M | $640.25M |
| EPS | $1.04 | $1.08 | $1.13 | $1.17 | $1.22 |
| Share price (low) | $14.59 | $15.17 | $15.78 | $16.41 | $17.06 |
| Share price (high) | $25.00 | $26.00 | $27.04 | $28.13 | $29.25 |
| CAGR (low–high) | -57% / -26% | -33% / -12% | -22% / -7% | -16% / -4% | -13% / -3% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for BEN:
- Healthy free-cash-flow yield (~9.5%) funds buybacks and dividends.
- Pays a 4.1% dividend on top of any price gains.
The case against BEN:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.0x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Franklin Resources is a large-cap financials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 23.9x earnings, which our model scores Neutral (56/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 17 Wall Street analysts covering BEN recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+20 pts of buy ratings).
Latest SEC Filings
BEN's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
BEN — frequently asked questions
Is BEN a good stock to buy?
We don't give buy or sell advice. Our model rates Franklin Resources Neutral (56/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is BEN's rating on The Stocks School?
Franklin Resources currently scores 56/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does BEN's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Franklin Resources's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for BEN calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this BEN analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell BEN. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.