Operating Expenses

Occupancy and equipment

Franklin Resources Occupancy and equipment increased by 0.4% to $67.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $69.30M to $67.10M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows an upward trend with a 7.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026Apr 28, 2026

How to read this metric

Increasing costs may signal expansion or rising real estate/maintenance expenses, while decreases may indicate efficiency gains or footprint consolidation.

Detailed definition

This includes the costs associated with leasing and maintaining facilities, office space, and operational equipment. It...

Peer comparison

Commonly categorized under 'General and Administrative' or 'Operating Expenses' in peer financial statements.

Metric ID: occupancy_and_equipment

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$54.60M$54.00M$56.30M$53.00M$53.80M$55.80M$54.50M$59.70M$56.90M$57.80M$66.70M$76.20M$104.80M$77.70M$75.10M$69.30M$69.50M$72.40M$66.80M$67.10M
QoQ Change-1.1%+4.3%-5.9%+1.5%+3.7%-2.3%+9.5%-4.7%+1.6%+15.4%+14.2%+37.5%-25.9%-3.3%-7.7%+0.3%+4.2%-7.7%+0.4%
YoY Change-1.5%+3.3%-3.2%+12.6%+5.8%+3.6%+22.4%+27.6%+84.2%+34.4%+12.6%-9.1%-33.7%-6.8%-11.1%-3.2%
Range$53.00M$104.80M
CAGR+4.4%
Avg YoY Growth+8.6%
Median YoY Growth+3.5%

Frequently Asked Questions

What is Franklin Resources's occupancy and equipment?
Franklin Resources (BEN) reported occupancy and equipment of $67.10M in Q1 2026.
How has Franklin Resources's occupancy and equipment changed year-over-year?
Franklin Resources's occupancy and equipment decreased by 3.2% year-over-year, from $69.30M to $67.10M.
What is the long-term trend for Franklin Resources's occupancy and equipment?
Over 4 years (2021 to 2025), Franklin Resources's occupancy and equipment has grown at a 7.0% compound annual growth rate (CAGR), from $218.10M to $286.30M.
What does occupancy and equipment mean?
The total cost of rent, facilities, and equipment maintenance.