---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-23-000007"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:51:36.799760+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q1 net income $165.6M, EPS $0.32 vs $0.88 YoY; AUM $1.39T

## Summary
- GAAP diluted EPS $0.32, down 64% YoY; adjusted diluted EPS $0.51, down 53% YoY.
- Operating revenues $1.97B, down 12% YoY; operating margin 9.9% vs 25.1% YoY.
- AUM $1.388T, up 7% QoQ, driven by $48.8B market gains and $34.9B Alcentra acquisition.
- Long-term net outflows $10.9B; cash management net inflows $17.5B generated total net inflows $6.6B.
- Dividend raised to $0.30/share from $0.29; repurchased 0.5M shares for $14.2M.

## SEC filing metadata
- accession: 0000038777-23-000007
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2023-01-30T23:59:59+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/38777/000003877723000007/0000038777-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877723000007/ben-20230130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-23-000007
- JSON: https://secwatch.observer/filing/0000038777-23-000007.json
- Plain text: https://secwatch.observer/filing/0000038777-23-000007.txt

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