---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-21-000169"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:55:39.420701+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q4 EPS $1.30; acquires Lexington Partners for $1.75B

## Summary
- Net income $665.7M, diluted EPS $1.30 (includes $0.30 tax benefit); adjusted EPS $1.26.
- Revenue $2.18B (+28% YoY); FY2021 net income $1.83B (+129%) and adjusted EPS $3.74.
- AUM $1.53T; long-term net outflows $9.9B in Q4.
- Acquired Lexington Partners for $1.75B ($1B at close, $750M over 3 years); expected accretive to adjusted EPS.
- Lexington has $34B fee-based AUM; close expected by end of Q2 fiscal 2022.

## SEC filing metadata
- accession: 0000038777-21-000169
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877721000169/0000038777-21-000169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877721000169/ben-20211101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-21-000169
- JSON: https://secwatch.observer/filing/0000038777-21-000169.json
- Plain text: https://secwatch.observer/filing/0000038777-21-000169.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.