Franklin Resources, Inc. Financial Ratios — BEN Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	23.67	21.79	22.31	22.02	17.38	14.52	13.82	6.79	12.07	7.98	17.16	11.38	7.55	3.81	4.27
Return on Assets (%)	15.71	13.54	14.27	15.02	12.45	10.65	10.09	4.79	8.27	4.41	7.99	4.95	3.03	1.49	1.62
Return on Capital (%)	20.38	16.47	16.86	17.26	13.6	11.78	10.7	5.74	9.98	5.58	8.6	6.1	3.44	1.49	2.06
Return on Invested Capital (%)	18.12	14.92	16.32	16.45	14.36	11.32	10.35	4.7	8.63	6.11	8.94	6.7	4.45	3.17	2.75
Gross Margin (%)	82.76	82.32	82.66	82.71	81.72	79.44	79.14	85.04	83.06	80.91	83.04	82.76	80.9	80.11	80.34
EBITDA Margin (%)	38.49	36.58	37.76	39.05	39.31	37.06	36.68	34.05	28.65	24.67	28.18	28.07	23.98	19.02	18.6
Operating Margin (%)	37.25	35.42	36.58	37.93	38.09	35.75	35.42	32.82	27	22.36	24.5	23.51	18.31	13.66	12.54
Incremental Operating Margin (%)	44.37	370.77	45.94	59.22	35.67	49.74	44.91	121.58	94.47	277.84	28.66	79.03	119.37	-44.38	-19.85
Pretax Margin (%)	36.75	37.72	37.9	40.15	38.1	37.77	39.88	35.7	29.06	18.29	29.01	20.9	17.05	9.71	8.97
Profit Margin (%)	26.94	27.2	26.93	28.08	25.61	26.09	26.54	12.32	21.09	14.35	21.73	15.61	11.25	5.48	5.98
Net Income to Common Margin (%)	26.94	27.2	26.93	28.08	25.61	26.09	26.54	12.32	21.09	14.35	21.73	15.61	11.25	5.48	5.98
Effective Tax Rate (%)	30.62	28.48	28.28	29.27	30.5	29.69	29.79	66.47	26.84	22.67	14.3	22.91	23.34	26.15	30.24
Dvd Payout Ratio (%)	12.59	34.9	40.28	11.91	30.65	22.85	23.43	293.61	42.67	68.77	23.74	42.42	51.97	87.4	119.34
Sustainable Growth Rate (%)	20.69	14.19	13.32	19.4	12.05	11.21	10.58	-13.14	6.92	2.49	13.09	6.55	3.63	0.48	-0.83

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	2,285	2,777	2,295	2,149	2,155	2,083	1,098	728	748	6,439	7,589	9,362	11,752	13,087	13,300
ST Debt	85	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	2,201	2,777	2,295	2,149	2,155	2,083	1,098	728	748	6,439	7,589	9,362	11,752	13,087	13,300
Total Debt/EBITDA	0.83	1.07	0.76	0.65	0.69	0.85	0.47	0.34	0.46	4.69	3.2	4.03	6.24	8.12	8.15
Net Debt/EBITDA	-1.06	-1.26	-1.34	-1.64	-1.99	-2.61	-3.26	-2.93	-3.21	1.33	1.02	1.74	3.66	4.78	5.35
Total Debt/EBIT	0.86	1.1	0.79	0.67	0.71	0.88	0.48	0.36	0.49	5.17	3.68	4.81	8.18	11.3	12.09
Net Debt/EBIT	-1.1	-1.3	-1.38	-1.69	-2.05	-2.71	-3.38	-3.04	-3.4	1.47	1.17	2.08	4.79	6.66	7.93
EBITDA to Interest Expense	73.48	70.77	64.28	69.95	78.91	49.15	45.53	45.63	72.5	41.11	27.81	23.66	15.22	16.59	17.19
EBITDA-CapEx/Interest Expense	69.96	68.63	62.96	68.83	77.18	47.2	44.07	43.33	62.07	38.01	26.88	22.74	14.01	14.77	15.56
EBIT to Interest Expense	71.12	68.53	62.29	67.96	76.45	47.41	43.97	43.98	68.33	37.27	24.17	19.81	11.62	11.91	11.59
Interest Expense	37	37	47	47	40	50	52	46	22	33	85	98	124	97	95
Common Equity/Total Assets	61.88	62.38	65.45	70.82	72.49	74.14	71.97	68.82	68.17	46.64	46.44	40.89	39.56	38.53	37.31
Long-Term Debt/Equity (%)	24.12	28.38	21.24	17.26	17.17	16.55	7.38	6.47	6.58	56.43	59.55	67.72	86.58	89.85	93.74
Long-Term Debt/Capital (%)	19.29	22.1	17.52	14.72	14.65	14.2	6.87	6.08	6.17	36.07	37.32	40.38	46.4	47.33	48.38
Long-Term Debt/Total Assets (%)	15.98	18.83	14.91	13.14	13.19	12.94	6.26	5.06	5.15	29.69	31.4	33.37	39.02	40.31	41.09
Total Debt/Equity (%)	25.05	28.38	21.24	17.26	17.17	16.55	7.38	6.47	6.58	56.43	59.55	67.72	86.58	89.85	93.74
Total Debt/Capital (%)	20.03	22.1	17.52	14.72	14.65	14.2	6.87	6.08	6.17	36.07	37.32	40.38	46.4	47.33	48.38
Total Debt/Total Assets (%)	16.59	18.83	14.91	13.14	13.19	12.94	6.26	5.06	5.15	29.69	31.4	33.37	39.02	40.31	41.09
Net Debt to Equity	-31.94	-33.45	-37.27	-43.76	-49.48	-50.84	-51.43	-54.94	-45.82	16.02	19.02	29.31	50.7	52.96	61.49
Net Debt/Capital (%)	-46.92	-50.27	-59.42	-77.81	-97.95	-103.4	-105.9	-121.95	-84.56	13.19	15.45	22.01	32.89	33.18	36.49
EBITDA	2,748	2,597	3,015	3,316	3,125	2,453	2,345	2,112	1,624	1,373	2,375	2,323	1,882	1,613	1,632
EBITDA-CapEx	2,616	2,519	2,953	3,263	3,056	2,355	2,270	2,006	1,390	1,270	2,295	2,233	1,734	1,436	1,477
Operating Income (Loss)	2,660	2,515	2,921	3,221	3,028	2,366	2,264	2,036	1,531	1,245	2,064	1,945	1,437	1,158	1,100

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	3.71	35.74	23.1	24.16	25.77	25.11	18.25	4.97	4.7	2.29	2.68	2.92	3.16	2.42	1.9
Current Ratio	4.16	29.62	27.74	27.18	28.35	27.46	20.34	5.58	5.37	3	3.51	3.7	4.13	3.24	2.71
Quick Ratio	4.16	40.31	27.74	27.18	28.35	27.46	20.34	5.58	5.37	3	3.51	3.7	4.13	3.24	2.71
CFO/Avg Current Liab	1.06	0.93	7.9	7.27	7.05	5.21	2.78	2.39	0.2	0.72	0.72	1.16	0.72	0.6	0.58
Common Equity/Total Assets	61.88	62.38	65.45	70.82	72.49	74.14	71.97	68.82	68.17	46.64	46.44	40.89	39.56	38.53	37.31
Long-Term Debt/Equity (%)	24.12	28.38	21.24	17.26	17.17	16.55	7.38	6.47	6.58	56.43	59.55	67.72	86.58	89.85	93.74
Long-Term Debt/Capital (%)	19.29	22.1	17.52	14.72	14.65	14.2	6.87	6.08	6.17	36.07	37.32	40.38	46.4	47.33	48.38
Long-Term Debt/Total Assets (%)	15.98	18.83	14.91	13.14	13.19	12.94	6.26	5.06	5.15	29.69	31.4	33.37	39.02	40.31	41.09
Total Debt/Equity (%)	25.05	28.38	21.24	17.26	17.17	16.55	7.38	6.47	6.58	56.43	59.55	67.72	86.58	89.85	93.74
Total Debt/Capital (%)	20.03	22.1	17.52	14.72	14.65	14.2	6.87	6.08	6.17	36.07	37.32	40.38	46.4	47.33	48.38
Total Debt/Total Assets (%)	16.59	18.83	14.91	13.14	13.19	12.94	6.26	5.06	5.15	29.69	31.4	33.37	39.02	40.31	41.09
CFO/Total Liabilities	34.85	21.48	44.42	54.68	59.57	49.23	42.74	71.19	8.49	10.54	10.9	13.74	6.58	5.43	5.86
CFO/CapEx	12.31	13.6	32.73	40.26	32.73	17.7	15.16	20.94	1.15	10.45	15.7	21.67	7.32	5.48	6.9
Altman's Z-Score	5.74	6.09	7.28	8.45	6.8	6.51	8.39	5.92	5.49	2.91	3.22	2.6	2.27	1.93	1.87

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	18.47	8.75	8.45	8.54	8.89	8.11	7.12	6.71	6.72	5.37	6.33	6.15	6.01	6	5.81
Days Sales Outstanding	19.76	41.72	43.18	42.75	41.05	45.01	51.28	54.41	54.3	67.93	57.64	59.39	60.76	60.87	62.86
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	3.03	4.95	5.37	5.74	6.19	5.85	5.08	3.58	3.62	1.58	1.38	1.33	1.5	1.47	1.12
Accounts Payable Turnover Days	120.43	73.77	67.93	63.56	58.97	62.41	71.81	101.9	100.94	230.55	265.13	275.13	242.54	248.06	327.23
Cash Conversion Cycle	-100.67	-32.05	-24.75	-20.81	-17.92	-17.4	-20.53	-47.49	-46.64	-162.62	-207.48	-215.74	-181.78	-187.2	-264.37
Inventory to Cash Days	19.76	41.72	43.18	42.75	41.05	45.01	51.28	54.41	54.3	67.93	57.64	59.39	60.76	60.87	62.86
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	20,820	26,541	31,893	34,016	22,487	20,287	24,697	15,787	14,410	10,076	14,914	10,751	12,190	10,550	12,050
- Cash & Cash Equivalents	5,199	6,051	6,323	7,596	8,368	8,483	8,750	6,911	5,958	3,990	4,647	4,782	4,402	4,409	3,574
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	598	586	734	863	714	654	2,258	1,352	1,464	1,296	1,520	2,350	1,657	2,057	2,111
+ Total Debt	2,285	2,777	2,295	2,149	2,155	2,083	1,098	728	748	6,439	7,589	9,362	11,752	13,087	13,300
Enterprise Value	16,082	21,269	28,599	29,432	16,989	14,541	19,303	10,957	10,664	13,821	19,376	17,681	21,197	21,285	23,887
Total Capital	11,408	12,564	13,102	14,596	14,711	14,673	15,975	11,980	12,119	17,850	20,332	23,187	25,326	27,652	27,489
Total Debt/Capital (%)	20.03	22.1	17.52	14.72	14.65	14.2	6.87	6.08	6.17	36.07	37.32	40.38	46.4	47.33	48.38
Total Debt / EV	0.14	0.13	0.08	0.07	0.13	0.14	0.06	0.07	0.07	0.47	0.39	0.53	0.55	0.61	0.56
EV/Sales	2.25	3	3.58	3.47	2.14	2.2	3.02	1.77	1.88	2.48	2.3	2.14	2.7	2.51	2.72
EV/EBITDA	5.85	8.19	9.49	8.88	5.44	5.93	8.23	5.19	6.57	10.06	8.16	7.61	11.26	13.2	14.64
EV/EBIT	6.05	8.46	9.79	9.14	5.61	6.15	8.52	5.38	6.97	11.1	9.39	9.09	14.75	18.38	21.72
EV/Cash Flow to Firm	9.76	19.47	13.82	13.55	7.45	8.25	16.48	4.88	37.43	12.46	14.69	8.7	17.9	20.41	21.1
EV/Free Cash Flow to Firm	9.04	18.17	13.42	13.23	7.23	7.82	15.49	4.66	20.56	11.4	13.86	8.33	15.9	17.44	18.56
Diluted Market Cap	21,240	26,815	32,054	34,142	22,911	20,766	24,886	16,361	14,554	10,020	14,581	10,530	12,064	10,283	11,967
Diluted Enterprise Value	18,925	24,127	28,760	29,558	17,413	15,019	19,491	11,531	10,809	13,766	19,042	17,460	21,071	21,017	23,804
EV per Share	24.63	33.41	45.33	47.25	28.15	25.49	34.79	21.11	21.36	27.91	38.61	35.39	42.74	40.65	45.85
TTM Sales	7,140	7,101	7,985	8,491	7,949	6,618	6,392	6,204	5,669	5,566	8,426	8,275	7,849	8,478	8,771
TTM EBITDA	2,748	2,597	3,015	3,316	3,125	2,453	2,345	2,112	1,624	1,373	2,375	2,323	1,882	1,613	1,632
TTM Operating Income	2,660	2,515	2,921	3,221	3,028	2,366	2,264	2,036	1,531	1,245	2,064	1,945	1,437	1,158	1,100
TTM Cash Flow to Firm	1,648	1,092	2,069	2,172	2,280	1,763	1,172	2,245	285	1,109	1,319	2,032	1,184	1,043	1,132
TTM Free Cash Flow to Firm	1,779	1,171	2,132	2,225	2,348	1,860	1,246	2,352	519	1,213	1,398	2,123	1,333	1,220	1,287

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Price/Free Cash Flow	12.11	23.43	15.28	15.58	9.87	11.38	20.56	7	28.98	8.44	11.01	5.14	9.74	8.95	9.8
EV/EBIT	6.05	8.46	9.79	9.14	5.61	6.15	8.52	5.38	6.97	11.1	9.39	9.09	14.75	18.38	21.72
Enterprise Value	16,082	21,269	28,599	29,432	16,989	14,541	19,303	10,957	10,664	13,821	19,376	17,681	21,197	21,285	23,887
Low Price	31.19	29.24	41.34	49.49	36.15	30.56	33.02	29.95	25.57	14.91	17.97	21.46	20.24	18.95	16.25
EV/Sales	2.25	3	3.58	3.47	2.14	2.2	3.02	1.77	1.88	2.48	2.3	2.14	2.7	2.51	2.72
EV/EBITDA	5.85	8.19	9.49	8.88	5.44	5.93	8.23	5.19	6.57	10.06	8.16	7.61	11.26	13.2	14.64
Price/Earnings	10.99	13.84	14.88	14.31	11.26	12.03	14.66	21.38	12.16	12.53	7.95	8.14	13.64	22.09	22.77
Price/Earnings Average	13.82	12.29	13.94	14.31	15.31	12.36	13.62	26.28	13.36	13.86	7.57	10.85	14.83	26.83	21.3
Price/Earnings High	15.81	14.19	16.65	15.43	17.95	14.28	15.69	32.31	15.09	18.02	9.62	14.48	19.08	33.24	25.67
Price/Earnings Low	10.75	9.71	12.17	12.97	10.92	10.33	10.87	21.06	10.77	9.18	4.81	8.12	11.23	20.77	16
Price/Book Value	2.44	2.88	3.17	2.94	1.9	1.7	1.96	1.59	1.45	1	1.33	0.94	1.02	0.84	1
Price/Book Value Average	3.07	2.56	2.96	2.94	2.58	1.75	1.82	1.96	1.6	1.1	1.27	1.25	1.11	1.02	0.93
Price/Book Value High	3.51	2.96	3.54	3.17	3.03	2.02	2.1	2.41	1.81	1.43	1.61	1.67	1.43	1.27	1.12
Price/Book Value Low	2.39	2.02	2.59	2.66	1.84	1.46	1.45	1.57	1.29	0.73	0.8	0.93	0.84	0.79	0.7
Price/Tangible Book Value	3.27	3.76	4.13	3.67	2.35	2.09	2.38	2.09	2.08	14.4	7.26	17.51	12.06	7.06	7.06
Price/Tangible Book Value Average	4.11	3.34	3.87	3.67	3.19	2.14	2.21	2.56	2.29	15.93	6.91	23.35	13.11	8.57	6.61
Price/Tangible Book Value High	4.7	3.85	4.62	3.96	3.74	2.48	2.54	3.15	2.59	20.72	8.77	31.14	16.86	10.62	7.96
Price/Tangible Book Value Low	3.19	2.64	3.38	3.33	2.28	1.79	1.76	2.06	1.85	10.55	4.39	17.46	9.93	6.64	4.96
Price/Sales	2.96	3.77	4.01	4.02	2.88	3.14	3.89	2.63	2.56	1.8	1.73	1.27	1.53	1.21	1.36
Price/Sales Average	3.72	3.34	3.75	4.02	3.92	3.23	3.62	3.24	2.82	1.99	1.65	1.69	1.67	1.47	1.27
Price/Sales High	4.26	3.86	4.48	4.33	4.6	3.73	4.17	3.98	3.18	2.59	2.09	2.26	2.15	1.82	1.54
Price/Sales Low	2.9	2.64	3.28	3.64	2.8	2.7	2.89	2.59	2.27	1.32	1.04	1.27	1.26	1.14	0.96
Price/Cash Flow	13.04	25.08	15.72	15.96	10.17	12.02	21.91	7.33	54.13	9.24	11.69	5.37	11.06	10.57	11.21
Price/Cash Flow Average	16.39	22.26	14.72	15.96	13.84	12.35	20.36	9.01	59.49	10.22	11.13	7.17	12.02	12.84	10.49
Price/Cash Flow High	18.75	25.71	17.58	17.2	16.22	14.27	23.45	11.08	67.18	13.29	14.14	9.56	15.46	15.9	12.64
Price/Cash Flow Low	12.75	17.59	12.86	14.46	9.87	10.33	16.25	7.22	47.96	6.77	7.07	5.36	9.11	9.94	7.88
Price/Free Cash Flow Average	15.23	20.79	14.31	15.58	13.43	11.69	19.11	8.61	31.85	9.34	10.48	6.86	10.6	10.88	9.17
Price/Free Cash Flow High	17.42	24.01	17.09	16.8	15.75	13.51	22.01	10.58	35.97	12.14	13.31	9.15	13.63	13.47	11.06
Price/Free Cash Flow Low	11.85	16.43	12.5	14.12	9.58	9.77	15.25	6.9	25.68	6.19	6.66	5.13	8.02	8.42	6.89
EV/Sales Average	3.34	2.94	3.33	3.47	3.16	2.28	2.75	2.35	2.13	2.68	2.22	2.57	2.84	2.78	2.63
EV/Sales High	3.87	3.45	4.05	3.78	3.82	2.77	3.29	3.07	2.49	3.28	2.67	3.15	3.32	3.14	2.9
EV/Sales Low	2.53	2.24	2.85	3.09	2.05	1.77	2.02	1.73	1.59	2	1.6	2.13	2.43	2.44	2.31
EV/EBITDA Average	8.68	8.03	8.81	8.88	8.03	6.16	7.49	6.9	7.45	10.84	7.86	9.15	11.83	14.6	14.16
EV/EBITDA High	10.05	9.44	10.74	9.68	9.72	7.48	8.98	9.01	8.71	13.28	9.47	11.21	13.84	16.5	15.58
EV/EBITDA Low	6.57	6.13	7.56	7.91	5.22	4.76	5.51	5.07	5.56	8.1	5.68	7.6	10.12	12.81	12.44
EV/EBIT Average	8.97	8.3	9.09	9.14	8.29	6.39	7.76	7.16	7.9	11.96	9.04	10.93	15.49	20.34	21.01
EV/EBIT High	10.39	9.75	11.08	9.96	10.03	7.75	9.29	9.35	9.24	14.65	10.9	13.39	18.13	22.98	23.12
EV/EBIT Low	6.79	6.33	7.8	8.15	5.39	4.94	5.71	5.26	5.89	8.94	6.53	9.07	13.25	17.84	18.46
Last Price	31.88	41.69	50.55	54.61	37.26	35.57	44.51	30.41	28.86	20.35	29.72	21.52	24.58	20.15	23.13
High Price	45.85	42.73	56.54	58.87	59.43	42.23	47.65	45.96	35.82	29.27	35.94	38.27	34.37	30.32	26.08
Enterprise Value Average	23,866	20,864	26,567	29,438	25,097	15,107	17,560	14,575	12,093	14,890	18,665	21,264	22,262	23,551	23,111
Enterprise Value High	27,628	24,515	32,378	32,086	30,369	18,339	21,045	19,029	14,140	18,237	22,497	26,049	26,052	26,610	25,423
Enterprise Value Low	18,054	15,927	22,788	26,243	16,319	11,683	12,927	10,718	9,022	11,128	13,479	17,651	19,045	20,657	20,302

Shares Outstanding	653	637	631	623	604	570	555	519	499	495	502	500	496	524	521
Diluted Weighted Avg Shares	666	643	634	625	615	584	559	538	504	492	491	489	491	510	517
Basic Weighted Avg Shares	663	641	633	625	615	584	559	537	504	492	490	489	490	510	517
Revenue per Share	10.77	11.07	12.61	13.59	12.93	11.34	11.44	11.55	11.26	11.32	17.2	16.93	16.02	16.64	16.97
EBITDA per Share	4.14	4.05	4.76	5.31	5.08	4.2	4.2	3.93	3.22	2.79	4.85	4.75	3.84	3.17	3.16
Operating Income per Share	4.01	3.92	4.61	5.16	4.92	4.05	4.05	3.79	3.04	2.53	4.21	3.98	2.93	2.27	2.13
Basic EPS, GAAP	2.9	3.01	3.4	3.82	3.31	2.96	3.04	1.42	2.37	1.62	3.74	2.64	1.8	0.91	1.02
Basic EPS from Cont Ops	2.75	2.99	3.43	3.86	3.42	3.01	3.2	1.38	2.39	1.6	4.28	2.73	2.09	1.19	1.06
Diluted EPS, GAAP	2.89	3	3.39	3.81	3.31	2.96	3.03	1.42	2.37	1.62	3.73	2.64	1.8	0.91	1.01
Diluted EPS from Cont Ops	2.73	2.98	3.42	3.86	3.42	3.01	3.2	1.38	2.39	1.6	4.27	2.72	2.09	1.19	1.06
Dividend per Share	0.33	1.03	1.39	0.46	1.08	0.7	0.79	3.94	1.03	1.08	1.14	1.19	1.24	1.29	1.32
Cash Flow per Share	2.45	1.66	3.22	3.42	3.66	2.96	2.03	4.15	0.53	2.2	2.54	4	2.22	1.91	2.06
Free Cash Flow per Basic Share	2.25	1.54	3.12	3.34	3.55	2.79	1.9	3.95	0.07	1.99	2.38	3.82	1.92	1.56	1.76
Cash & Equivalents per Share	11.67	13.56	10.02	12.19	13.87	14.87	15.77	13.31	11.93	8.06	9.26	9.57	8.88	8.42	6.86
Book Value per Share	13.05	14.45	15.97	18.6	19.62	20.93	22.74	19.07	19.84	20.43	22.37	22.97	24.03	23.89	23.18
Tangible Book Value per Share	9.76	11.09	12.23	14.86	15.88	17.05	18.73	14.57	13.84	1.41	4.1	1.23	2.04	2.85	3.27

Franklin Resources, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)