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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$2.3B+8.7%
Operating income$323.3M+122%
Net income$268.2M+77.1%
EPS (diluted)$0.49+88.5%

Balance sheet

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Cash & equivalents$4.5B
Total debt$3.2B-11.5%
Total equity$12.1B-1.8%
Total assets$34.1B+6.6%

Cash flow

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Operating cash flow-$27.6M+44.9%
CapEx$31.2M-55.3%
Free cash flow--100%

Valuation

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Market cap$17.59B+34.9%
P/E24×-8.0×
P/S+0.4×

Profitability

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Operating margin9.3%
Net margin8.1%+2.5pp
FCF margin11%+1.6pp

Returns & leverage

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Return on equity6%+2.1pp
Debt / equity0.3×0.0×

Where this comes from

Calculated from Franklin Resources’s reported figures.

The source filing: Franklin Resources’s 10-Q, filed April 28, 2026. Open the filing →

Filed
Apr 28, 2026, 8:36 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000038777-26-000101

FAQ

What is Franklin Resources's net debt?
Franklin Resources (BEN) reported net debt of $3.24B in Q1 2026.
How has Franklin Resources's net debt changed year-over-year?
Franklin Resources's net debt decreased by 11.5% year-over-year, from $3.66B to $3.24B.
What is the long-term trend for Franklin Resources's net debt?
Over 4 years (2021 to 2025), Franklin Resources's net debt has grown at a 46.5% compound annual growth rate (CAGR), from -$729.4M to $3.36B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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