FRANKLIN RESOURCES, INC. (BEN) capitalization

Current snapshot

Market Cap
$11.95B
520.0M shares × $22.91
Net Worth
$12.13B
Stockholders' equity · 2025-12-31
Enterprise Value
$11.80B
Market cap + debt − cash
Net Debt
-$142.2M
Debt $3.34B − Cash $3.48B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-09-30 $11.97B
FY'24 2024-09-30 $10.28B
FY'23 2023-09-30 $12.06B
FY'22 2022-09-30 $10.53B
FY'21 2021-09-30 $14.58B
FY'20 2020-09-30 $10.02B
FY'19 2019-09-30 $14.55B
FY'18 2018-09-30 $16.36B
FY'17 2017-09-30 $24.89B
FY'16 2016-09-30 $20.77B
FY'15 2015-09-30 $22.91B
FY'14 2014-09-30 $34.14B
FY'13 2013-09-30 $32.05B
FY'12 2012-11-01
FY'12 2012-09-30 $26.82B
FY'11 2011-09-30 $21.24B
FY'10 2010-09-30 $24.31B
FY'09 2009-09-30 $23.28B
FY'09 2009-03-31

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q1'26 2025-12-31 $12.38B
Q4'25 2025-09-30 $12.05B
Q3'25 2025-06-30 $12.32B
Q2'25 2025-03-31 $10.01B
Q1'25 2024-12-31 $10.51B
Q4'24 2024-09-30 $10.55B
Q3'24 2024-06-30 $11.56B
Q2'24 2024-03-31 $14.59B
Q1'24 2023-12-31 $14.53B
Q4'23 2023-09-30 $12.19B
Q3'23 2023-06-30 $13.13B
Q2'23 2023-03-31 $13.24B
Q1'23 2022-12-31 $12.93B
Q4'22 2022-09-30 $10.75B
Q3'22 2022-06-30 $11.37B
Q2'22 2022-03-31 $13.69B
Q1'22 2021-12-31 $16.43B
Q4'21 2021-09-30 $14.91B
Q3'21 2021-06-30 $15.67B
Q2'21 2021-03-31 $14.53B
Q1'21 2020-12-31 $12.29B
Q4'20 2020-09-30 $10.08B
Q3'20 2020-06-30 $10.29B
Q2'20 2020-03-31 $8.21B
Q1'20 2019-12-31 $12.87B
Q4'19 2019-09-30 $14.41B
Q3'19 2019-06-30 $17.48B
Q2'19 2019-03-31 $16.74B
Q2'19 2019-02-01
Q1'19 2018-12-31 $15.15B
Q4'18 2018-09-30 $15.79B
Q3'18 2018-06-30 $17.10B
Q2'18 2018-03-31 $18.92B
Q1'18 2017-12-31 $23.86B
Q4'17 2017-09-30 $24.70B
Q3'17 2017-06-30 $24.93B
Q2'17 2017-03-31 $23.62B
Q1'17 2016-12-31 $22.37B
Q4'16 2016-09-30 $20.29B
Q3'16 2016-06-30 $19.32B
Q2'16 2016-03-31 $22.93B
Q1'16 2015-12-31 $22.01B
Q4'15 2015-09-30 $22.49B
Q3'15 2015-06-30 $30.11B
Q2'15 2015-03-31 $31.70B
Q1'15 2014-12-31 $34.34B
Q4'14 2014-09-30 $34.02B
Q3'14 2014-06-30 $36.07B
Q2'14 2014-03-31 $33.94B
Q1'14 2013-12-31 $36.28B
Q4'13 2013-09-30 $31.89B
Q3'13 2013-06-30 $28.76B
Q2'13 2013-03-31 $31.91B
Q1'13 2012-12-31 $26.62B
Q4'12 2012-11-01
Q4'12 2012-09-30 $26.54B
Q3'12 2012-06-30 $23.71B
Q2'12 2012-03-31 $26.68B
Q1'12 2011-12-31 $20.82B
Q4'11 2011-09-30 $20.82B
Q3'11 2011-06-30 $29.05B
Q2'11 2011-03-31 $27.85B
Q1'11 2010-12-31 $24.94B
Q4'10 2010-09-30 $23.95B
Q3'10 2010-06-30 $19.55B
Q2'10 2010-03-31 $25.32B
Q1'10 2009-12-31 $24.15B
Q4'09 2009-09-30 $23.07B
Q3'09 2009-06-30 $16.62B
Q4'09 2009-03-31
Q1'10 2008-12-31
Q3'09 2008-09-30 $21.00B
Q3'09 2008-06-30
Q3'09 2007-09-30

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (BEN CIK 0000038777), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.