Franklin Resources (MEX:BEN) Tax Rate % : -20.56% (As of Sep. 2024)

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What is Franklin Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Franklin Resources's Tax Expense for the three months ended in Sep. 2024 was MXN187 Mil. Franklin Resources's Pre-Tax Income for the three months ended in Sep. 2024 was MXN-910 Mil. Therefore, Franklin Resources's Tax Rate % for the quarter that ended in Sep. 2024 was -20.56%.

Franklin Resources Tax Rate % Historical Data

The historical data trend for Franklin Resources's Tax Rate % 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.

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Franklin Resources Tax Rate % Chart

Franklin Resources Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Tax Rate %

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22.67

14.30

22.91

23.34

26.15

Franklin Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															18.14	22.61	26.38	22.69	-20.56

Franklin Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Franklin Resources's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2024 )	/	Pre-Tax Income (A: Sep. 2024 )
	=	4239.322	/	16209.055
	=	26.15 %

Franklin Resources's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	187.058	/	-909.692
	=	-20.56 %

Franklin Resources Tax Rate % Related Terms

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Franklin Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin Resources Inc (MEX:BEN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BEN:USA 0RT6:UK FRK:Germany FRK:Germany F1RA34:Brazil

Address

One Franklin Parkway, San Mateo, CA, USA, 94403

Website

https://www.franklinresources.com

Franklin Resources provides investment services for individual and institutional investors. At the end of October 2024, Franklin had $1.631 trillion in managed assets, composed primarily of equity (38%), fixed-income (32%), multi-asset/balanced (11%) funds, alternatives (15%) and money market funds (4%). Distribution tends to be weighted equally between retail investors (53% of AUM) and institutional accounts (45%), 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 assets under management invested in global/international strategies and just as much sourced from clients domiciled outside the United States.