---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-24-000177"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:30:33.522130+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources Q4 net loss $84.7M on $389M impairment; AUM record $1.68T

## Summary
- GAAP net loss $84.7M ($0.19 EPS) vs net income $295.5M YoY; operating loss $150.7M.
- Adjusted EPS $0.59 (-30% YoY); adjusted operating income $451.6M.
- $389.2M impairment of Western Asset Management intangible; long-term net outflows $31.3B.
- Record AUM $1.68T (+22% YoY); Putnam AUM grew 21% to $180B.
- Quarterly dividend $0.31/share; repurchased 4.9M shares for $102.4M.

## SEC filing metadata
- accession: 0000038777-24-000177
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877724000177/0000038777-24-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877724000177/ben-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-24-000177
- JSON: https://secwatch.observer/filing/0000038777-24-000177.json
- Plain text: https://secwatch.observer/filing/0000038777-24-000177.txt

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