---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-22-000171"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:43:11.378241+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q4 net income $232.7M ($0.46 EPS), down 65% YoY; AUM falls 15%

## Summary
- Net income attributable to Franklin Resources $232.7M ($0.46 diluted) vs $665.7M ($1.30) prior-year Q4.
- Adjusted diluted EPS $0.78 vs $1.26 prior year; adjusted net income $394.4M vs $644.6M.
- AUM $1,297.4B at Sept 30, 2022, down 15% YoY; long-term net outflows $20.4B in the quarter.
- Acquisitions of Lexington Partners and Alcentra closed; pro forma alternative AUM totals $260B.
- Repurchased 1.0M shares for $27.3M in Q4; cash and investments $6.8B at quarter end.

## SEC filing metadata
- accession: 0000038777-22-000171
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2022-11-01T23:59:59+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/38777/000003877722000171/0000038777-22-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877722000171/ben-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-22-000171
- JSON: https://secwatch.observer/filing/0000038777-22-000171.json
- Plain text: https://secwatch.observer/filing/0000038777-22-000171.txt

## Key facts
- Earnings Releases
  FRANKLIN RESOURCES INC reported the year ended September 30, 2022 results: revenue $8,275.3, net income $1,291.9 million, EPS $2.53 per diluted share.
  - Period: the year ended September 30, 2022
  - Revenue: $8,275.3
  - Net income: $1,291.9 million
  - EPS: $2.53 per diluted share
  - Result: preliminary results
  source text: 30-Jun-22 Qtr. vs. Qtr. 30-Sep-21 Year vs. Year 2022 2021 Financial Results (in millions, except per share data) Operating revenues $ 1,939.0 $ 2,031.3 (5 %) $ 2,181.0 (11 %) $ 8,275.3 $ 8,425.5 (2 %) Operating income 348.5 404.7 (14 %) 531.5 (34 %) 1,773.9 1,875.0 (5 %) Operating margin 18.0 % 19.9 % 24.4 % 21.4 % 22.3 % Net income1 $ 232.7 $ 256.4 (9 %) $
  evidence_url: https://www.sec.gov/Archives/edgar/data/38777/000003877722000171/0000038777-22-000171-index.htm
- Earnings Releases
  FRANKLIN RESOURCES INC reported the quarter ended September 30, 2022 results: revenue $1,939.0, net income $232.7 million, EPS $0.46 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $1,939.0
  - Net income: $232.7 million
  - EPS: $0.46 per diluted share
  - Result: preliminary results
  source text: Year Ended September 30, % Change 30-Sep-22 30-Jun-22 Qtr. vs. Qtr. 30-Sep-21 Year vs. Year 2022 2021 Financial Results (in millions, except per share data) Operating revenues $ 1,939.0 $ 2,031.3 (5 %) $ 2,181.0 (11 %) $ 8,275.3 $ 8,425.5 (2 %) Operating income 348.5 404.7 (14 %) 531.5 (34 %) 1,773.9 1,875.0 (5 %) Operating margin 18.0 % 19.9 % 24.4 % 21.4 % 22.3
  evidence_url: https://www.sec.gov/Archives/edgar/data/38777/000003877722000171/0000038777-22-000171-index.htm

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