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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Franklin Resources's retained earnings for the quarter that ended in Mar. 2026 was MXN208,474 Mil.
Franklin Resources's quarterly retained earnings
declined
from Sep. 2025 (MXN211,252 Mil) to Dec. 2025 (MXN207,788 Mil) but then
increased
from Dec. 2025 (MXN207,788 Mil) to Mar. 2026 (MXN208,474 Mil).
Franklin Resources's annual retained earnings
increased
from Sep. 2023 (MXN215,587 Mil) to Sep. 2024 (MXN234,858 Mil) but then
declined
from Sep. 2024 (MXN234,858 Mil) to Sep. 2025 (MXN211,252 Mil).
Franklin Resources (MEX:BEN) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Franklin Resources Retained Earnings Historical Data
* Premium members only.
The historical data trend for Franklin Resources's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN208,474 Mil mean?
Franklin Resources (MEX:BEN) has a Retained Earnings of MXN208,474 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Franklin Resources and its competitors.
Is Franklin Resources' Retained Earnings too high?
Franklin Resources' current Retained Earnings is MXN208,474 Mil. Overall, Franklin Resources has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Franklin Resources' Retained Earnings compare to CG and ARCC?
Franklin Resources' Retained Earnings of MXN208,474 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Franklin Resources and its competitors. Franklin Resources's current Retained Earnings is MXN208,474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Resources stock overvalued right now?
Franklin Resources (MEX:BEN) has a current Retained Earnings of MXN208,474 Mil. The stock's GF Value™ is MXN292.23, compared to a current price of MXN437.00 — trading 49.5% above its estimated fair value. The current Retained Earnings is MXN208,474 Mil. Franklin Resources' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Franklin Resources (MEX:BEN), the current Retained Earnings is MXN208,474 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Franklin Resources (MEX:BEN) Overvalued in 2026?
Based on GuruFocus' analysis, Franklin Resources stock appears to be overvalued.
The current stock price of MXN437.00 is trading 49.5% above its estimated GF Value™ of MXN292.23.
Key valuation signals for MEX:BEN:
Retained Earnings: MXN208,474 Mil
GF Value™: MXN292.23 vs. price of MXN437.00 (49.5% above fair value)
No single metric tells the full story. See the MEX:BEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
77GF Score
Get the complete analysis for MEX:BEN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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