Franklin Historical Income Statement
| BEN Stock | USD 25.35 0.02 0.08% |
Historical analysis of Franklin Resources income statement accounts such as Total Revenue of 9.5 B, Gross Profit of 2.6 B or Other Operating Expenses of 8.1 B can show how well Franklin Resources performed in making a profits. Evaluating Franklin Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Franklin Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Franklin Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Franklin Resources is a good buy for the upcoming year.
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About Franklin Income Statement Analysis
Franklin Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Franklin Resources shareholders. The income statement also shows Franklin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Franklin Resources Income Statement Chart
Franklin Resources Income Statement is one of the three primary financial statements used for reporting Franklin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Franklin Resources revenue and expense. Franklin Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Franklin Resources' Total Operating Expenses is very stable compared to the past year. As of the 24th of April 2024, Total Other Income Expense Net is likely to grow to about 527.8 M, while Gross Profit is likely to drop about 2.6 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Franklin Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Franklin Resources minus its cost of goods sold. It is profit before Franklin Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Franklin Resources. It is also known as Franklin Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Franklin Resources operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Franklin Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Franklin Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Franklin Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.At this time, Franklin Resources' Total Operating Expenses is very stable compared to the past year. As of the 24th of April 2024, Total Other Income Expense Net is likely to grow to about 527.8 M, while Gross Profit is likely to drop about 2.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 4.4B | 5.0B | 2.6B | Total Revenue | 8.3B | 7.8B | 9.0B | 9.5B |
Franklin Resources income statement Correlations
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Franklin Resources Account Relationship Matchups
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High Negative Relationship
Franklin Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 33.4M | 85.4M | 98.2M | 123.7M | 142.3M | 149.4M | |
| Total Revenue | 5.6B | 8.4B | 8.3B | 7.8B | 9.0B | 9.5B | |
| Gross Profit | 2.0B | 3.3B | 3.3B | 4.4B | 5.0B | 2.6B | |
| Other Operating Expenses | 4.5B | 6.6B | 6.5B | 6.7B | 7.8B | 8.1B | |
| Operating Income | 1.0B | 1.9B | 1.8B | 1.1B | 1.3B | 1.3B | |
| Ebit | 1.0B | 1.9B | 1.8B | 1.1B | 1.3B | 1.9B | |
| Ebitda | 1.1B | 2.1B | 2.1B | 1.4B | 1.7B | 2.1B | |
| Total Operating Expenses | 940.6M | 1.5B | 1.6B | 3.3B | 3.7B | 3.9B | |
| Income Before Tax | 1.0B | 2.4B | 1.7B | 1.4B | 1.6B | 1.4B | |
| Total Other Income Expense Net | (31M) | 569.2M | (44.5M) | 437.1M | 502.7M | 527.8M | |
| Net Income | 798.9M | 1.8B | 1.3B | 882.8M | 1.0B | 966.4M | |
| Income Tax Expense | 230.8M | 349.6M | 396.2M | 312.3M | 359.1M | 413.5M | |
| Depreciation And Amortization | 54M | 232M | 282M | 341.1M | 392.3M | 411.9M | |
| Selling General Administrative | 886.6M | 1.2B | 1.3B | 793.9M | 913.0M | 915.1M | |
| Cost Of Revenue | 3.6B | 5.1B | 4.9B | 3.5B | 4.0B | 2.5B | |
| Net Income Applicable To Common Shares | 798.9M | 1.8B | 1.3B | 845.1M | 971.9M | 1.4B | |
| Minority Interest | (11.8M) | (263.4M) | (41.3M) | (220.6M) | (198.5M) | (188.6M) | |
| Net Income From Continuing Ops | 787.1M | 2.1B | 1.3B | 1.1B | 993.1M | 1.3B | |
| Non Operating Income Net Other | 115.1M | (31M) | 264.7M | 91.1M | 104.8M | 152.8M | |
| Tax Provision | 230.8M | 349.6M | 396.2M | 312.3M | 281.1M | 500.3M | |
| Interest Income | 31M | 37.2M | 563.4M | 55.7M | 64.1M | 121.0M | |
| Net Interest Income | (19.1M) | (85.4M) | (98.2M) | (123.7M) | (111.3M) | (105.8M) | |
| Reconciled Depreciation | 128.5M | 232M | 282M | 341.1M | 392.3M | 411.9M |
Franklin Resources Investors Sentiment
The influence of Franklin Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Franklin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Franklin Resources' public news can be used to forecast risks associated with an investment in Franklin. The trend in average sentiment can be used to explain how an investor holding Franklin can time the market purely based on public headlines and social activities around Franklin Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Franklin Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Franklin Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Franklin Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Franklin Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Resources' short interest history, or implied volatility extrapolated from Franklin Resources options trading.
Pair Trading with Franklin Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franklin Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franklin Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Franklin Stock
| 0.68 | BN | Brookfield Corp | PairCorr |
Moving against Franklin Stock
| 0.78 | THCPU | Thunder Bridge Capital | PairCorr |
| 0.44 | BACA | Berenson Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Franklin Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franklin Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franklin Resources to buy it.
The correlation of Franklin Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franklin Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franklin Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Franklin Stock analysis
When running Franklin Resources' price analysis, check to measure Franklin Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Resources is operating at the current time. Most of Franklin Resources' value examination focuses on studying past and present price action to predict the probability of Franklin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Resources' price. Additionally, you may evaluate how the addition of Franklin Resources to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.55 | Dividend Share 1.21 | Earnings Share 1.9 | Revenue Per Share 16.09 | Quarterly Revenue Growth 0.012 |
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.