Operating Income for Franklin Resources (BEN)
According to Franklin Resources's latest reported financial statements, the company's current operating income (TTM) is $843.80M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$843.80M
YoY change
+48.2%
5Y CAGR
-10.4%
Peak year (2014)
$3.22B
Cumulative operating income
$48.12B
Operating Income history chart for Franklin Resources (BEN) from 1985 to 2025
Operating Income history table for Franklin Resources (BEN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $604.10M | +48.2% | ||
| 2024 | $407.60M | -63.0% | ||
| 2023 | $1.10B | -37.9% | ||
| 2022 | $1.77B | -5.4% | ||
| 2021 | $1.88B | +78.8% | ||
| 2020 | $1.05B | -28.5% | ||
| 2019 | $1.47B | -27.7% | ||
| 2018 | $2.03B | -10.4% | ||
| 2017 | $2.26B | -4.3% | ||
| 2016 | $2.37B | -21.9% | ||
| 2015 | $3.03B | -6.0% | ||
| 2014 | $3.22B | +10.3% | ||
| 2013 | $2.92B | +16.1% | ||
| 2012 | $2.52B | -5.4% | ||
| 2011 | $2.66B | +35.8% | ||
| 2010 | $1.96B | +62.9% | ||
| 2009 | $1.20B | -42.7% | ||
| 2008 | $2.10B | +1.5% | ||
| 2007 | $2.07B | +26.6% | ||
| 2006 | $1.63B | +26.8% | ||
| 2005 | $1.29B | +38.4% | ||
| 2004 | $930.83M | +43.6% | ||
| 2003 | $648.08M | +10.7% | ||
| 2002 | $585.50M | +14.4% | ||
| 2001 | $512.00M | -22.8% | ||
| 2000 | $663.44M | +23.1% | ||
| 1999 | $539.11M | -16.0% | ||
| 1998 | $642.10M | +8.6% | ||
| 1997 | $591.46M | +41.8% | ||
| 1996 | $417.11M | +13.3% | ||
| 1995 | $368.14M | +0.4% | ||
| 1994 | $366.70M | +28.7% | ||
| 1993 | $284.87M | -34.0% | ||
| 1992 | $431.80M | +147.7% | ||
| 1991 | $174.30M | +11.4% | ||
| 1990 | $156.50M | -57.2% | ||
| 1989 | $365.40M | +23.7% | ||
| 1988 | $295.50M | -1.3% | ||
| 1987 | $299.30M | +36.4% | ||
| 1986 | $219.50M | +118.4% | ||
| 1985 | $100.50M | — |
Operating Income values are taken from Franklin Resources's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Franklin Resources (BEN) operating income is $604.10M – surged 48.2% year-over-year.
Through 2020–2025 (5 years), Franklin Resources operating income delivered a -10.4% annualised rate; with a net decline across the window.
Between 2014 and 2025, Franklin Resources operating income plunged 81.2%, falling from $3.22B to $604.10M.
2014 marks the peak operating income at $3.22B, with the historical low of $100.50M recorded in 1985.
Franklin Resources (BEN) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $24.60B.
Franklin Resources Operating Income by Year
Franklin Resources Operating Income 2025: $604.10M
Franklin Resources operating income in 2025 was $604.10M, surged 48.2% from 2024.
Franklin Resources Operating Income 2024: $407.60M
Franklin Resources operating income in 2024 was $407.60M, plunged 63.0% below 2023.
Franklin Resources Operating Income 2023: $1.10B
Franklin Resources operating income in 2023 was $1.10B, plunged 37.9% below 2022.
Franklin Resources Operating Income 2022: $1.77B
Franklin Resources operating income in 2022 was $1.77B, declined 5.4% below 2021.
Franklin Resources Operating Income 2021: $1.88B
Franklin Resources operating income in 2021 was $1.88B.
See more financial history for Franklin Resources (BEN).
Sector peers — Operating Income
Companies in the same sector as Franklin Resources, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Franklin Resources's operating income?
- Latest reported operating income for Franklin Resources (BEN) is $843.80M (period ending March 31, 2026).
How has Franklin Resources operating income changed year-over-year?
- Franklin Resources (BEN) operating income changed +48.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Franklin Resources operating income?
- Franklin Resources (BEN) operating income compound annual growth rate is -10.4% over the most recent 5 years available.
When did Franklin Resources operating income hit its highest annual value?
- Franklin Resources operating income reached its highest annual value of $3.22B in 2014.
What was Franklin Resources operating income in 2024?
- Franklin Resources (BEN) operating income in 2024 was $407.60M.
What was Franklin Resources operating income in 2025?
- Franklin Resources (BEN) operating income in 2025 was $604.10M.
Metrics overview
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