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Shares Outstanding for Franklin Resources (BEN)

According to Franklin Resources's latest reported financial statements, the company's latest reported diluted shares outstanding is 518.30M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

518.30M

YoY change

+1.0%

5Y CAGR

+0.9%

Peak year (2002)

786.05M

Latest annual

515.40M

Shares Outstanding history chart for Franklin Resources (BEN) from 1985 to 2025

Shares Outstanding history table for Franklin Resources (BEN) from 1985 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
2025515.40M+1.0%
2024510.30M+4.0%
2023490.80M+0.3%
2022489.30M-0.3%
2021490.60M-0.3%
2020491.90M-2.5%
2019504.30M-6.3%
2018538.00M-3.8%
2017559.10M-4.2%
2016583.80M-5.1%
2015614.90M-1.6%
2014625.20M-1.4%
2013634.10M-1.4%
2012643.20M-3.5%
2011666.25M-2.3%
2010682.06M-1.8%
2009694.36M-2.9%
2008714.84M-5.5%
2007756.35M-3.3%
2006782.45M+0.1%
2005781.50M+1.4%
2004770.91M+0.7%
2003765.73M-2.6%
2002786.05M+3.2%
2001761.34M+2.9%
2000739.59M-2.4%
1999758.05M-0.0%
1998758.26M-0.4%
1997761.51M+1.4%
1996750.65M-0.8%
1995756.41M+0.3%
1994753.92M+0.2%
1993752.24M+7.1%
1992702.45M+0.1%
1991701.43M-0.6%
1990705.79M+1.8%
1989693.53M-2.4%
1988710.36M+0.5%
1987706.80M+2.8%
1986687.86M+1.9%
1985675.00M

Shares Outstanding 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

Franklin Resources (BEN) most recent annual diluted shares outstanding stands at 515.40M (2025) – edged up 1.0% year-over-year.

Through 2020–2025 (5 years), Franklin Resources diluted shares outstanding delivered a +0.9% annualised rate; sustaining 3 straight years of year-over-year growth.

Franklin Resources diluted shares outstanding plunged from 786.05M in 2002 to 515.40M in 2025, a 34.4% drawdown.

2002 marks the peak diluted shares outstanding at 786.05M, with the historical low of 489.30M recorded in 2022.

Within Financial Services, Franklin Resources (BEN) ranks 8th among 8 peers we track. The peer median for diluted shares outstanding is 2.06B.

Franklin Resources Shares Outstanding by Year

Franklin Resources Shares Outstanding 2025: 515.40M

Franklin Resources diluted shares outstanding in 2025 was 515.40M, edged up 1.0% from 2024.

Franklin Resources Shares Outstanding 2024: 510.30M

Franklin Resources diluted shares outstanding in 2024 was 510.30M, edged up 4.0% from 2023.

Franklin Resources Shares Outstanding 2023: 490.80M

Franklin Resources diluted shares outstanding in 2023 was 490.80M, edged up 0.3% from 2022.

Franklin Resources Shares Outstanding 2022: 489.30M

Franklin Resources diluted shares outstanding in 2022 was 489.30M, edged down 0.3% below 2021. This figure represents the lowest annual value in the available history.

Franklin Resources Shares Outstanding 2021: 490.60M

Franklin Resources diluted shares outstanding in 2021 was 490.60M.

See more financial history for Franklin Resources (BEN).

Sector peers — Shares Outstanding

Companies in the same sector as Franklin Resources, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
Bank of America Corporation (BAC)7.55BFinancial Services
Wells Fargo & Company (WFC)3.22BFinancial Services
JPMorgan Chase & Co. (JPM)2.79BFinancial Services
Berkshire Hathaway Inc. (BRK-B)2.16BFinancial Services
Visa Inc. (V)1.97BFinancial Services
Morgan Stanley (MS)1.59BFinancial Services
Mastercard Incorporated (MA)898.00MFinancial Services
The Goldman Sachs Group, Inc. (GS)317.60MFinancial Services

Frequently asked questions

What is Franklin Resources's diluted shares outstanding?

Latest reported diluted shares outstanding for Franklin Resources (BEN) is 518.30M (period ending March 31, 2026).

How has Franklin Resources diluted shares outstanding changed year-over-year?

Franklin Resources (BEN) diluted shares outstanding changed +1.0% year-over-year on the latest annual filing.

What is the long-term growth rate of Franklin Resources diluted shares outstanding?

Franklin Resources (BEN) diluted shares outstanding compound annual growth rate is +0.9% over the most recent 5 years available.

When did Franklin Resources diluted shares outstanding hit its highest annual value?

Franklin Resources diluted shares outstanding reached its highest annual value of 786.05M in 2002.

What was Franklin Resources diluted shares outstanding in 2024?

Franklin Resources (BEN) diluted shares outstanding in 2024 was 510.30M.

What was Franklin Resources diluted shares outstanding in 2025?

Franklin Resources (BEN) diluted shares outstanding in 2025 was 515.40M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.