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Franklin Resources (Franklin Resources) Pretax Margin % : 16.63% (As of Dec. 2023)


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What is Franklin Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Franklin Resources's Pre-Tax Income for the three months ended in Dec. 2023 was $331 Mil. Franklin Resources's Revenue for the three months ended in Dec. 2023 was $1,991 Mil. Therefore, Franklin Resources's pretax margin for the quarter that ended in Dec. 2023 was 16.63%.

The historical rank and industry rank for Franklin Resources's Pretax Margin % or its related term are showing as below:

BEN' s Pretax Margin % Range Over the Past 10 Years
Min: 18.04   Med: 32.38   Max: 40.15
Current: 19.28


BEN's Pretax Margin % is ranked worse than
75.18% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs BEN: 19.28

Franklin Resources Pretax Margin % Historical Data

The historical data trend for Franklin Resources's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franklin Resources Pretax Margin % Chart

Franklin Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.06 18.29 29.01 20.90 18.04

Franklin Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.65 22.36 16.87 21.32 16.63

Competitive Comparison of Franklin Resources's Pretax Margin %

For the Asset Management subindustry, Franklin Resources's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Resources's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Franklin Resources's Pretax Margin % falls into.



Franklin Resources Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Franklin Resources's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=1415.7/7849.4
=18.04 %

Franklin Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=331.2/1991.1
=16.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franklin Resources  (NYSE:BEN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Franklin Resources Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Franklin Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Resources (Franklin Resources) Business Description

Traded in Other Exchanges
Address
One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of October 2023, Franklin had $1.335 trillion in managed assets, composed primarily of equity (31%), fixed-income (35%), multi-asset/balanced (11%) funds, alternatives (19%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (50% of AUM) and institutional accounts (48%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the U.S.-based asset managers we cover, with more than a third of its assets under management invested in global/international strategies and 29% of managed assets sourced from clients domiciled outside the United States.
Executives
Alok Sethi officer: Reg. S-K Executive Officer ONE FRANKLING PARKWAY, SAN MATEO CA 94403
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Terrence Murphy officer: Section 16 Officer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Jennifer M Johnson officer: Senior Vice President C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker officer: Reg. S-K Executive Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Thomas C Merchant officer: EVP, General Counsel LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Gwen L Shaneyfelt officer: Chief Accounting Officer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Karen Matsushima King director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
John Y Kim director 51 MADISON AVENUE, NEW YORK NY 10010
John W Thiel director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Alexander S Friedman director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Adam Benjamin Spector officer: EVP, Global Advisory Services 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Craig Steven Tyle officer: Exec VP and General Counsel ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Anthony Noto director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Johnson Rupert H Jr director, 10 percent owner, officer: Vice Chairman C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403