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Franklin Resources Inc   (BEN)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 

BEN's Operating Income Growth by Quarter and Year

Franklin Resources Inc 's Operating Income results by quarter and year




BEN Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter September - 314.90 404.70 478.10
III Quarter June - 255.10 463.00 456.30
II Quarter March - 194.00 557.70 409.10
I Quarter December 206.50 1,092.80 715.80 195.90
FY   206.50 1,856.80 2,141.20 1,539.40



BEN Operating Income first quarter 2024 Y/Y Growth Comment
Franklin Resources Inc reported drop in Operating Income in the first quarter 2024 by -81.1% to $ 206.50 millions, from the same quarter in 2023.
The fall in the first quarter 2024 Franklin Resources Inc 's Operating Income compares unfavorably to the Company's average Operating Income decrease of -4.16%.

According to the results reported in the first quarter 2024, Franklin Resources Inc achieved the best Operating Income growth in Investment Services industry. While Franklin Resources Inc ' s Operating Income meltdown of -81.1% ranks overall at the positon no. 35 in the first quarter 2024.

Explain Operating Income growth


BEN Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter September - -22.19 % -15.35 % 88.45 %
III Quarter June - -44.9 % 1.47 % 28.14 %
II Quarter March - -65.21 % 36.32 % 4.18 %
I Quarter December -81.1 % 52.67 % 265.39 % -
FY   - -13.28 % 39.09 % -

Financial Statements
Franklin Resources Inc 's first quarter 2024 Operating Income $ 206.50 millions BEN's Income Statement
Franklin Resources Inc 's first quarter 2023 Operating Income $ 1,092.80 millions Quarterly BEN's Income Statement
New: More BEN's historic Operating Income Growth >>


BEN Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter September - 23.44 % -12.59 % 4.78 %
III Quarter June - 31.49 % -16.98 % 11.54 %
II Quarter March - -82.25 % -22.09 % 108.83 %
I Quarter December -34.42 % 170.03 % 49.72 % -22.78 %
FY (Year on Year)   - -13.28 % 39.09 % -




Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Investment Services Industry #1
Financial Sector #3
Overall #35

Operating Income Y/Y Growth Statistics
High Average Low
105.32 % -4.16 % -299.58 %
(Jun 30 2017)   (Jun 30 2019)
Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Investment Services Industry #1
Financial Sector #3
Overall #35
Operating Income Y/Y Growth Statistics
High Average Low
105.32 % -4.16 % -299.58 %
(Jun 30 2017)   (Jun 30 2019)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Franklin Resources Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
170.03 % 4.84 % -82.25 %
(Sep 30 2022)  


BEN's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Franklin Resources Inc reported fall in Operating Income from the previous quarter by -34.42% to $ 206.50 millions, from $ 314.90 millions declared in the previous quarter.

Those cyclical influence that usually energize I. Quarter 2024 results, could not rescue the I. Quarter for the Franklin Resources Inc , Robbe Lambert, Financial sector observer said, he voiced some caution for the BEN's direction, he identified further difficulties ahead for Franklin Resources Inc and mentioned that average quarter on quarter Operating Income growth is at 4.84% for Franklin Resources Inc .

Within Investment Services industry Franklin Resources Inc achieved highest sequential Operating Income growth. While Franklin Resources Inc 's Operating Income growth quarter on quarter, overall rank is 97.


Operating Income Q/Q Growth Company Ranking
Within: No.
Investment Services Industry #1
Financial Sector #4
Overall #97
Operating Income Q/Q Growth Company Ranking
Within: No.
Investment Services Industry #1
Financial Sector #4
Overall #97
Operating Income Q/Q Growth Statistics
High Average Low
170.03 % 4.84 % -82.25 %
(Sep 30 2022)  


BEN's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Franklin Resources Inc disclosed fall in Operating Income sequentially by -34.42% to $ 206.50 millions, from $ 314.90 millions achived a quarter before.

Although seasonal influence usually fuel I. Quarter 2024 results, this simply could not be enough to rescue BEN's I. Quarter 2024 performance, Robbe Lambert, Financial sector observer said and continued that average quarter on quarter Operating Income growth is at 4.84% for Franklin Resources Inc .

Within Investment Services industry Franklin Resources Inc achieved highest sequential Operating Income growth. While Franklin Resources Inc 's Operating Income growth quarter on quarter, overall rank is 97.


Franklin Resources Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Operating Income 12 Months Ending $ 970.50 $ 1,856.80 $ 1,946.60 $ 2,154.50 $ 2,518.20
Y / Y Operating Income Growth (TTM) -61.46 % -13.28 % -12.1 % -2.42 % 22.28 %
Year on Year Operating Income Growth Overall Ranking # 32 # 136 # 184 # 224 # 702
Seqeuential Operating Income Change (TTM) -47.73 % -4.61 % -9.65 % -14.44 % 17.61 %
Seq. Operating Income Growth (TTM) Overall Ranking # 35 # 1320 # 698 # 872 # 373




Cumulative Operating Income growth Comment
Franklin Resources Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -61.46% year on year, at Dec 31 2023 compare to the -13.28% decrease at Jun 30 2023. If the Franklin Resources Inc 's fiscal year would end at Dec 31 2023, annual Operating Income would be $971 millions.

Among companies within the Financial sector 2 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 32, from total ranking in previous quarter at 136.

Operating Income TTM Q/Q Growth Statistics
High Average Low
105.32 %
-4.16 %
-299.58 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Investment Services Industry # 1
Financial Sector # 3
Overall # 32

Operating Income TTM Y/Y Growth Statistics
High Average Low
105.32 %
-4.16 %
-299.58 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 3
S&P 500 # 35
Cumulative Operating Income growth Comment
Franklin Resources Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -61.46% year on year, at Dec 31 2023 compare to the -13.28% decrease at Jun 30 2023. If the Franklin Resources Inc 's fiscal year would end at Dec 31 2023, annual Operating Income would be $971 millions.

Among companies within the Financial sector 2 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 32, from total ranking in previous quarter at 136.

Operating Income TTM Q/Q Growth Statistics
High Average Low
105.32 %
-4.16 %
-299.58 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Investment Services Industry # 1
Financial Sector # 3
Overall # 32

Operating Income TTM Y/Y Growth Statistics
High Average Low
105.32 %
-4.16 %
-299.58 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 3
S&P 500 # 35




Other Operating Income Growth
Investment Services Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
BEN's Operating Income Growth Ratio versus Investment Services Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for BEN's Competitors
Operating Income Growth for Franklin Resources Inc 's Suppliers
Operating Income Growth for BEN's Customers

You may also want to know
BEN's Annual Growth Rates BEN's Profitability Ratios BEN's Asset Turnover Ratio BEN's Dividend Growth
BEN's Roe BEN's Valuation Ratios BEN's Financial Strength Ratios BEN's Dividend Payout Ratio
BEN's Roa BEN's Inventory Turnover Ratio BEN's Growth Rates BEN's Dividend Comparisons



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