Franklin Resources, Inc. (BEN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -35.9M | -255.1M | -20.7M | 1.28B | -50.1M | -145.2M | 558.2M | 528.4M | 136.6M | -251.9M | 773.4M | 654.3M | -73.3M | -256.3M | 866.4M | 819.8M | 104.1M | 166.4M | 506.1M | 193M |
| Operating CF Margin % | -1.56% | -10.96% | -0.88% | 62.12% | -2.37% | -6.45% | 25.24% | 24.89% | 6.35% | -12.65% | 38.94% | 33.23% | -3.8% | -13.03% | 44.68% | 40.36% | 5% | 7.48% | 23.21% | 8.88% |
| Operating CF Growth % | 28.34% | -75.69% | -103.71% | 142.64% | -136.68% | 42.36% | -27.83% | -19.24% | 286.36% | 1.72% | -10.73% | -20.19% | -170.41% | -254.03% | 71.19% | 324.77% | -59.19% | -42.86% | 35.03% | -65.63% |
| Net Income | 346.6M | 346.8M | 188.5M | 116.7M | 11.6M | 232.1M | -55.7M | 232M | 175.3M | 256.3M | 348.5M | 246.6M | 271.9M | 168.8M | 205.7M | 223.6M | 359.1M | 544.8M | 742.8M | 471.6M |
| Depreciation & Amortization | 69.9M | 83.9M | 100.3M | 145.7M | 143M | 142.8M | 113.8M | 113M | 116.4M | 111.5M | 112.5M | 110.8M | 113.8M | 108.3M | 108.5M | 107.9M | 80.7M | 80.7M | 65.6M | 84.1M |
| Stock-Based Compensation | 52.8M | 75.6M | 44.8M | 50.1M | 46.7M | 73.2M | 51.5M | 62.6M | 65.2M | 66.8M | 44.7M | 15.9M | 52.5M | 69.5M | 47.3M | 48.4M | 53.1M | 59.4M | 45.3M | 40.4M |
| Deferred Taxes | 29.2M | 63.1M | -8.9M | 1.6M | -41.5M | 1.6M | -89.6M | -20M | 42.7M | -57.7M | -9.3M | 106.5M | 66.8M | -122.5M | 42.1M | 52.6M | 38.1M | -34.8M | 46M | -26.3M |
| Other Non-Cash Items | -370.6M | -126.3M | -184M | 182.4M | 123.1M | -54.6M | 334.1M | -128.7M | -118.9M | -153.5M | 55.3M | -124.4M | -367.4M | -235.4M | 94.6M | 167.5M | -214.1M | -179.7M | -516.7M | -241.8M |
| Working Capital Changes | -163.8M | -698.2M | -161.4M | 785.6M | -333M | -540.3M | 204.1M | 269.5M | -144.1M | -475.3M | 221.7M | 298.9M | -210.9M | -245M | 368.2M | 219.8M | -212.8M | -304M | 123.1M | -135M |
| Change in Receivables | -208.7M | -121.9M | -153M | 72.5M | -58.4M | 10.2M | -50.4M | -6.3M | -18.4M | -36.7M | 6.6M | 74.6M | -159M | 14.6M | 10.6M | 24.3M | 19M | -140.6M | -67.3M | -2.5M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -127.4M | -21.9M | -225.5M | 374.6M | -121.8M | 47.7M | 113M | -68.4M | -42.4M | -38.7M | -52.3M | -39.5M | 12.3M | 76.8M | 45.3M | 71.5M | -86.6M | -20.2M | -40.6M | -54.6M |
| Cash from Investing | -869M | -317.2M | -441.4M | -880.7M | -364.1M | -656.5M | -1.2B | -811.9M | -273.2M | -137.6M | -330.9M | -1.06B | -1.18B | -1.04B | -649.3M | -1.53B | -422.7M | -728.6M | -679.9M | -658.1M |
| Capital Expenditures | -4.8M | 9.3M | -31.2M | -14M | -37.5M | -71.8M | -69.8M | -46.1M | -41.7M | -19.5M | -27.3M | -78.7M | -15.4M | -27.4M | -34.7M | -13.1M | -25.8M | -16.7M | -44.4M | -14.1M |
| CapEx % of Revenue | 0.21% | 0.4% | 1.33% | 0.68% | 1.78% | 3.19% | 3.16% | 2.17% | 1.94% | 0.98% | 1.37% | 4% | 0.8% | 1.39% | 1.79% | 0.64% | 1.24% | 0.75% | 2.04% | 0.65% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 16.38B | 14.91B | 14.65B | 14.04B | 14.09B | 14.29B | 13.37B | 13.86B | 13.53B | 11.68B | 11.86B | 11.89B | 10.8B | 10.78B | 9.55B | 9.13B | 8.53B | 8B | 7.33B | 6.6B |
| Other Investing | 3.93B | 0 | 0 | -90.5M | 0 | 0 | -100M | -374.1M | 0 | -60.8M | 4.3M | -241.8M | 2.6M | 2.9M | -1M | 8.3M | 8.7M | 3.9M | 4.7M | 5M |
| Cash from Financing | 1.01B | 487.4M | 88.5M | -16.4M | 292.4M | 87.9M | 909.2M | 274.3M | 391.1M | -159M | -396M | 505.8M | 1.03B | 958.9M | 95.8M | 213.3M | 808.6M | 467.3M | 487.2M | 212.1M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -48.5M | -41.9M | -102.3M | -106.9M | -10.5M | 3.5M | -37.8M | -147.3M | -4.4M | -58.8M | -176.4M | -52.2M | 9.8M | 160.6M | -15.3M | -49.7M | -69M | -21.7M | -61.1M | -45.4M |
| Dividends Paid | -170.2M | -170.2M | -171.1M | -173.2M | -173.2M | -166.2M | -167.1M | -167.9M | -165.7M | -155.7M | -152.5M | -153M | -153.4M | -148.4M | -146M | -146.6M | -147.4M | -143.1M | -141.1M | -141.8M |
| Share Repurchases | 41.9M | -41.9M | -18.2M | -173.9M | -12.8M | -35.4M | -56.6M | -147.3M | -11.7M | -58.8M | -186.3M | -52.2M | -3.6M | -14.2M | -26.8M | -49.7M | -82.6M | -21.7M | -72.4M | -45.4M |
| Other Financing | -6.2M | 120M | 296.7M | 69.4M | -14M | 171.1M | -61.3M | 133M | 27.1M | 37.7M | 84.7M | -5.3M | 453.3M | 269.3M | -5.6M | -59.3M | 117.5M | 132.6M | 269.1M | 259.9M |
| Net Change in Cash | 84.2M | -89.1M | -383.1M | 417.9M | -106M | -763.8M | 297.2M | -12.6M | 244.7M | -522.8M | 14.8M | 109M | -223.6M | -280.3M | 303.8M | -536M | 470.4M | -102.9M | 286.1M | -242.8M |
| Free Cash Flow | -23.1M | -255.1M | -51.9M | 1.27B | -87.6M | -217M | 488.4M | 482.3M | 94.9M | -271.4M | 746.1M | 575.6M | -88.7M | -283.7M | 831.7M | 806.7M | 78.3M | 149.7M | 461.7M | 178.9M |
| FCF Margin % | -1.01% | -10.96% | -2.21% | 61.44% | -4.15% | -9.64% | 22.09% | 22.72% | 4.41% | -13.63% | 37.57% | 29.23% | -4.6% | -14.42% | 42.89% | 39.71% | 3.76% | 6.73% | 21.17% | 8.23% |
| FCF Growth % | 73.63% | -17.56% | -110.63% | 162.93% | -192.31% | 20.04% | -34.54% | -16.21% | 206.99% | 4.34% | -10.29% | -28.65% | -213.28% | -289.51% | 80.14% | 350.92% | -68.41% | -46.07% | 29.55% | -67.46% |
| FCF per Share | -0.04 | -0.49 | -0.10 | 2.46 | -0.17 | -0.42 | 0.95 | 0.93 | 0.18 | -0.56 | 1.52 | 1.17 | -0.18 | -0.58 | 1.70 | 1.65 | 0.16 | 0.31 | 0.94 | 0.37 |
| FCF Conversion (FCF/Net Income) | -0.10x | -1.00x | -0.18x | 13.89x | -0.33x | -0.89x | -6.59x | 3.04x | 1.10x | -1.00x | 2.62x | 2.88x | -0.38x | -1.55x | 3.72x | 3.20x | 0.30x | 0.37x | 0.76x | 0.44x |
| Interest Paid | 212M | 188.2M | 200.2M | 206.7M | 241M | 211.9M | 217.9M | 192.8M | 224.7M | 172.2M | 0 | 112M | 120.9M | 54.8M | 112.7M | 48.4M | 74.5M | 45.9M | 67.5M | 44.8M |
| Taxes Paid | 369.2M | 19.5M | -232.1M | 15M | 189.2M | 27.9M | 77.8M | 39.5M | 291.6M | 26.8M | 0 | 20.8M | 191.4M | 13.2M | 10.8M | 106.6M | 332.5M | 17.6M | 63.4M | 115.4M |