---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-22-000137"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:44:30.356061+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q3 earnings: GAAP EPS $0.50, adjusted EPS $0.82; AUM down 11% YoY to $1.38T

## Summary
- Net income $256.4M ($0.50 diluted EPS) vs $438.4M ($0.86) YoY; revenue $2.03B, down 7% YoY.
- Adjusted net income $416.0M ($0.82) vs $493.7M ($0.96) YoY; adjusted operating margin 35.3% vs 36.5%.
- Ending AUM $1,379.8B, down 11% YoY; long-term net outflows $19.8B; $57.2B added from Lexington acquisition.
- Alternative AUM rose to $224.8B (Lexington); announced Alcentra acquisition to double alternative credit AUM.
- Dividend maintained at $0.29/share; repurchased 2M shares for $51M in the quarter.

## SEC filing metadata
- accession: 0000038777-22-000137
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877722000137/0000038777-22-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877722000137/ben-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-22-000137
- JSON: https://secwatch.observer/filing/0000038777-22-000137.json
- Plain text: https://secwatch.observer/filing/0000038777-22-000137.txt

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