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Franklin Resources BEN Return on invested capital

Return on invested capital at other companies

T Rowe Price Group logo
T Rowe Price GroupTROW
22.7%0.0pp
Blackrock logo
BlackrockBLK
10.9%
Northern Trust logo
Northern TrustNTRS
56.8%-37.7pp
State Street logo
State StreetSTT
20.6%-2.4pp
Apollo Global Management logo
Apollo Global ManagementAPO
26%-36.6pp
Cincinnati Financial logo
Cincinnati FinancialCINF
19.4%+8.1pp

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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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%

Valuation

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Market cap$17.3B+21.6%
P/E23.6×-5.5×
P/S1.9×+0.3×

Profitability

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Operating margin9.3%
Net margin8.1%+2.5pp

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.

Based on trailing twelve months.

The official record: Franklin Resources’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Franklin Resources's return on invested capital?
Franklin Resources (BEN) reported return on invested capital of 4% in Q1 2026.
How has Franklin Resources's return on invested capital changed year-over-year?
Franklin Resources's return on invested capital increased by 52.9% year-over-year, from 2.6% to 4%.
What is the long-term trend for Franklin Resources's return on invested capital?
Over 4 years (2021 to 2025), Franklin Resources's return on invested capital has grown at a -34.0% compound annual growth rate (CAGR), from 54.1% to 10.2%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.