Franklin Templeton Inc (BEN)
Financials · Asset Management & Custody Banks · US stock · S&P 500 component
$31.52
▼ -0.16 (0.51%)
Fair valueFair
$31 −2.7% to fair value
$15fair band $26–$37$46
Day's range
$31.17 – $31.93
52-week range
$21.11 – $36.28
About Franklin Templeton Inc
Franklin Templeton is a global investment manager that runs mutual funds, exchange-traded funds and separately managed accounts across equities, fixed income, multi-asset strategies and alternative assets. It operates through several specialist investment teams under different names. Its clients include individual investors who reach it through financial advisers and platforms, as well as pension funds, insurers and other institutions. The firm also provides related services such as fund administration and distribution.
The firm earns its revenue mostly from fees charged as a share of the assets it manages, so its income moves with the size of its funds and with investor flows. Revenue was $9.3 billion over the last twelve months, up 2.0% a year across the last three years. The operating margin is 9.7%, and the business earns 6% on the capital invested in it. On the site's X-Ray Score it receives 31 out of 100.
Price chart
52-wk range $21.11 – $36.28Volume 2,716,478Daily, split-adjusted
Vitals
Market cap$16.3B
52-week range$21.11 – $36.28
Volume (last day)2,716,478
P/E (TTM)20.1
EBIT / EV yield5.3%
Free-cash-flow yield–
Dividend yield4.2%
Revenue (TTM)$9.3B
Net income (TTM)$813M
Operating margin9.7%
Return on capital6.0%
Debt incl. leases$3.4B
Cash & securities$3.8B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$31middle half of models $29 – $32
Fair
−2.7% to fair value
Average of the 3 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $32
Undervalued < $26Fair $26 – $37Overvalued > $37
P/E multiple
$31
P/B multiple
$28
P/S multiple
$34
Dividend discount, stable · not used
$70
Dividend discount, multi-stage · not used
$135
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Financials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
24/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.3%
Fair value vs price1.0×
Growth
Weak
15/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)2.0%
EPS growth (3y)-28.9%
Growth consistency80%
Profitability
Weak
17/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.0%
Operating margin9.7%
Financial health
Fair
61/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score8 / 9
Net debt / EBITDA-0.4×
Interest cover10.2×
Dividends
Fair
61/100
Dividend is typical for its sector.
See the numbers →
Dividend yield4.2%
Dividend growth5.4%
Quarterly results: last 6 quarters
-1.9%
Mar '25
-2.8%
Jun '25
+6.0%
Sep '25
+3.4%
Dec '25
+8.7%
Mar '26
+14.3%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.4B, diluted EPS $0.31.
Compare with peers
AMP Ameriprise Financial I...67 APO Apollo Global Manageme...60 BX Blackstone Inc.53 STT State Street Corp50Other Asset Management & Custody Banks companies by X-Ray Score.
SWOT analysis: Franklin Templeton Inc
Strengthsinside the company
- Cash exceeds debt (net debt is negative), which gives room to invest or ride out a downturn.
- Passes 8 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.
Weaknessesinside the company
- Return on invested capital is only 6.0% (median 21.8% for industry peers), so the business earns little above its cost of capital.
- Operating margin of 9.7% is thin against 29.9% for industry peers.
- Earnings per share have declined 28.9% a year over three years.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Financials as favourable.
Threatsvaluation and setting
- Trades at 20.0x earnings, 35% above the 14.8x median of industry peers, so the price already assumes better results.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare BEN with peers and sector
Medians of 9 Asset Management & Custody Banks peers and of 70 Financials stocks in our universe.
Largest peers (X-Ray Score): BLK 34, BNY 44, BX 53, APO 60, STT 50, AMP 67.
| Metric | BEN | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 31 | 45 | 50 |
| Valuation | 24 | 47 | 52 |
| Growth | 15 | 51 | 54 |
| Profitability | 17 | 47 | 49 |
| Financial health | 61 | 43 | 50 |
| Dividends | 61 | 42 | 54 |
Sector leaders: highest X-Ray Score in Financials
BEN ranks #69 of 71 in Financials and #10 of 10 in Asset Management & Custody Banks by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for BEN
Each factor is rated by where BEN stands among the 71 Financials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 2 Good · 0 Average · 6 Bad of 8
Growth: 0 · 0 · 3
Profitability: 0 · 0 · 2
Valuation: 2 · 0 · 1
| Factor | BEN | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +2.0% | Bad beats 13% | +8.3% | – | – |
| Revenue growth, last year | +3.5% | Bad beats 20% | +6.9% | +3.5% | ≈ In line |
| EPS growth, 3 years a year | −28.9% | Bad beats 4% | +12.7% | – | – |
| Profitability | |||||
| Net margin | 8.7% | Bad beats 15% | 21.8% | 11.2% | ▼ Worse |
| Return on equity | 6.9% | Bad beats 14% | 15.7% | 7.4% | ≈ In line |
| Valuation | |||||
| P/E ratio | 20.0x | Bad beats 32% | 13.8x | 13.7x | ▼ Worse |
| Price / book | 1.4x | Good beats 74% | 2.2x | 1.0x | ▼ Worse |
| Price / sales | 1.7x | Good beats 79% | 3.1x | 1.4x | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings), and banks and insurers are rated only on the factors that apply to them. A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 2 Good · ● 0 Average · ● 10 BadCash quality
Earnings backed by cashBad
Risk models
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Net debt / EBITDAGood
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 24/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $8.4B | $8.3B | $7.8B | $8.5B | $8.8B |
| Operating income | $1.9B | $1.8B | $1.1B | $408M | $604M |
| Net income | $1.8B | $1.3B | $883M | $465M | $525M |
| Operating cash flow | $1.2B | $2.0B | $1.1B | $971M | $1.1B |
| Operating margin | 22.3% | 21.4% | 14.0% | 4.8% | 6.9% |
| Free cash flow | $1.2B | $1.9B | $940M | $794M | $912M |
| Diluted EPS | $3.57 | $2.53 | $1.72 | $0.85 | $0.91 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
4 bullish · 4 neutral · 8 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 31.30 | Bullish |
| EMA 10 | 31.47 | Bullish |
| SMA 20 | 31.90 | Bearish |
| EMA 20 | 31.82 | Bearish |
| SMA 50 | 32.85 | Bearish |
| EMA 50 | 32.34 | Bearish |
| SMA 100 | 32.73 | Bearish |
| EMA 100 | 31.84 | Bearish |
| SMA 200 | 29.52 | Bullish |
| EMA 200 | 29.84 | Bullish |
Oscillators (daily)
| RSI (14) | 44.77 | Neutral |
| MACD (12, 26) | -0.46 | Bearish |
| Momentum (12) | -2.84 | Bearish |
| Stochastic %K (14) | 44.83 | Neutral |
| Williams %R (14) | -55.17 | Neutral |
| CCI (20) | -38.19 | Neutral |
Pivot points (classic, last session)
S3 30.38 | S2 30.77 | S1 31.15 | Pivot 31.54 | R1 31.91 | R2 32.30 | R3 32.68 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.32 USD
Yield on today's price
4.19%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.3300 | |
| 0.3300 | |
| 0.3300 | |
| 0.3300 | |
| 0.3200 | |
| 0.3200 | |
| 0.3200 | |
| 0.3200 | |
| 0.3100 | |
| 0.3100 | |
| 0.3100 | |
| 0.3100 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold BEN
| ETF | Share of the fund |
|---|---|
| SPHD Invesco S&P 500 High Dividend Low Vola... | 2.80% |
| PEY Invesco High Yield Equity Dividend Ach... | 1.74% |
| NOBL ProShares S&P 500 Dividend Aristocrats | 1.67% |
| KNG FT Cboe Vest S&P 500 Dividend Aristocr... | 1.65% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.56% |
| DON WisdomTree U.S. MidCap Dividend | 1.41% |
| KBWD Invesco KBW High Dividend Yield Financ... | 1.35% |
| RPV Invesco S&P 500 Pure Value | 1.25% |
The eight funds with the largest weight in BEN among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
BEN stock splits
BEN has split its stock 5 times since 1990. The latest was a 3-for-1 split on 26 Jul 2013.
Full BEN stock split history →BEN SEC filings
8-KSEC EDGAR
Other events
424B5SEC EDGAR
424B5
424B5SEC EDGAR
424B5
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations; Regulation FD disclosure
8-KSEC EDGAR
Entered a material agreement
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.