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Franklin Templeton Inc.

BEN

Financial Services · 33.65 -0.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Franklin Templeton Inc.'s current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

What changed
  • Revenue increased 8.7% versus the comparable filing period.
Company-0.1% todayVolume comparison unavailable
Market group0 of 17 activeBanks - Diversified · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • Interest expense decreased reflecting repayment of senior notes in March 2026 and March 2025, and interest on borrowings under the revolving credit facility.

Invalidation: The isolated read changes if BEN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Asset Management

The latest filing evidence is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports
  • Revenue increased 8.7% versus the comparable filing period.
  • Operating margin improved 7.2 percentage points.
  • Net income increased 77.1% versus the comparable filing period.
Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Interest expense decreased reflecting repayment of senior notes in March 2026 and March 2025, and interest on borrowings under the revolving credit facility.

Price action

How the market is pricing the story

33.65-0.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for BEN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

Fundamentals strengthened in the latest filing

10-Q filed 2026-04-28 against the comparable filing from 2025-05-02.

constructive
OperationsconstructiveEvidence score +3
liquidityneutralEvidence score 0
valuationmixed

What improved

  • Revenue increased 8.7% versus the comparable filing period.
  • Operating margin improved 7.2 percentage points.
  • Net income increased 77.1% versus the comparable filing period.

What weakened

No thresholded deterioration was identified.

Filing receipts

Sales and Distribution Fees Sales and distribution fees by revenue driver are presented below. (in millions) Three Months Ended March 31, Percent Change Six Months Ended March 31, Percent Change 2026 2025 2026 2025 Asset-based fees $ 321.0 $ 297.2 8 % $ 645.6 $ 606.3 6 % Sales-based fees 75.6 67.7 12 % 139.7 134.1 4 % Sales and Distribution Fees $ 396.6 $ 364.9 9 % $ 785.3 $ 740.4 6 % Asset-based distribution fees increased $23.8 million and $39.3 million for the three and six months ended March 31, 2026 primarily due to increases of 6% and 4% in the related average AUM and a higher mix of non-U.S. equity and multi-asset funds and U.S. equity and alternative funds, which generate higher fee...

Three Months Ended March 31, Percent Change Six Months Ended March 31, Percent Change (in millions) 2026 2025 2026 2025 Asset-based expenses $ 447.8 $ 411.4 9 % $ 905.6 $ 839.6 8 % Sales-based expenses 70.9 67.9 4 % 131.2 131.8 0 % Amortization of deferred sales commissions 25.3 18.8 35 % 48.1 39.0 23 % Sales, Distribution and Marketing $ 544.0 $ 498.1 9 % $ 1,084.9 $ 1,010.4 7 % Asset-based expenses increased $36.4 million and $66.0 million for the three and six months ended March 31, 2026 primarily due to increases of 7% and 6% in the related average AUM, higher marketing support fees, and a higher mix of non-U.S. equity and multi-asset funds and U.S. equity and alternative funds, which i...

Sales-based expenses increased $3.0 million for the three months ended March 31, 2026 primarily due to an increase of 20% in commissionable sales, partially offset by a higher mix of non-U.S. sales, and decreased $0.6 million for the six months ended March 31, 2026 primarily due to a higher mix of non-U.S. sales, partially offset by an increase of 7% in commissionable sales and lower sales-based marketing support fees.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind BEN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

GWLIFFiling-linked namepartnerApr 28, 2026

As part of our acquisition of Putnam, which closed on January 1, 2024, we will pay up to $375.0 million between the third and seventh anniversaries of the closing date related to revenue growth targets from the strategic partnership with Great-West Lifeco, In…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

BEN is currently a Follower in the organic co-movement group Banks - Diversified. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.