---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-24-000112"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:04:21.947291+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q3 net income $174M (-24% YoY), adjusted EPS $0.60 (-5%); AUM $1.65T

## Summary
- Net income $174M ($0.32 diluted EPS); adjusted net income $326.4M ($0.60 adjusted EPS).
- Operating revenues $2.12B (+8% YoY); operating margin 10.5% vs 16.0% a year ago.
- Long-term net outflows $3.2B; positive net flows in alternatives and multi-asset; ETFs saw $3B inflows to $27B AUM.
- Dividend declared $0.31/share (+3% YoY); repurchased 4.3M shares for $101.5M.
- Strategic initiatives: AI platform collaboration with Microsoft, minority investment in Envestnet, and investment management platform consolidation.

## SEC filing metadata
- accession: 0000038777-24-000112
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2024-07-26T23:59:59+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/38777/000003877724000112/0000038777-24-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877724000112/ben-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-24-000112
- JSON: https://secwatch.observer/filing/0000038777-24-000112.json
- Plain text: https://secwatch.observer/filing/0000038777-24-000112.txt

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