Cash Flow Statement

Operating Cash Flow

-38%

-29%

10Y

Currency: USD

	Mar-2002	Jun-2002	Sep-2002	Dec-2002	Mar-2003	Jun-2003	Sep-2003	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Operating Cash Flow
Net Income	442	448	433	424	414	419	503	565	629	671	707	774	823	911	1 058	1 136	1 111	1 220	1 268	1 376	1 621	1 718	1 773	1 864	1 790	1 725	1 600	1 191	934	842	904	1 152	1 401	1 451	1 452	1 584	1 721	1 840	1 821	1 824	1 817	1 768	1 916	1 927	2 032	2 164	2 171	2 262	2 221	2 291	2 412	2 382	2 452	2 354	2 105	2 001	1 739	1 666	1 758	1 714	1 788	1 786	1 790	799	847	743	743	1 575	1 473	1 373	1 206	1 294	971	970	787	834	1 260	1 478	2 095	2 245	2 118	1 870	1 333	957	936	961	1 103	1 191	1 028	1 012	608	584	420	305	549	664
Depreciation & Amortization	212	201	183	181	180	177	177	179	182	182	183	187	190	193	212	217	222	226	215	214	216	222	199	198	195	188	215	210	199	188	181	201	223	252	267	264	260	248	88	79	73	(30)	82	51	88	89	94	98	30	96	95	94	93	94	97	95	94	91	87	84	81	84	80	81	78	77	76	76	80	85	93	100	102	98	129	182	239	301	311	311	311	335	378	405	439	441	445	449	451	453	455	486	513	545	532	473
Change in Deffered Taxes	0	0	72	0	0	0	(21)	0	0	0	41	0	0	0	(20)	0	0	0	112	0	0	0	122	0	0	0	11	7	(5)	(13)	13	17	27	35	(12)	(6)	(7)	(14)	0	(3)	10	0	0	0	0	0	0	0	0	0	0	24	6	(5)	0	(30)	(30)	(8)	0	(13)	13	(7)	0	(50)	(52)	(55)	(51)	11	2	2	(1)	1	(0)	(34)	(7)	(38)	(32)	(15)	4	(14)	23	102	98	10	39	93	42	106	82	(44)	(125)	(65)	(150)	(128)	(47)	14
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	65	14	38	20	90	92	89	128	81	83	84	85	84	85	85	85	82	84	86	86	89	93	95	99	101	103	108	110	113	117	121	124	128	132	136	137	140	139	138	138	132	128	125	123	123	123	121	118	118	119	116	116	112	108	110	110	122	135	151	162	172	190	198	206	208	218	218	185	183	180	193	239	246	253	234	222	215	217
Other Non-Cash Items	11	22	64	67	71	62	(6)	(10)	26	45	53	44	1	(3)	(61)	(108)	(44)	(51)	(6)	(69)	(153)	(180)	(104)	(86)	(47)	5	15	148	189	160	132	48	(2)	50	37	17	(10)	(35)	264	238	261	379	133	192	128	96	98	103	221	67	99	125	108	191	256	253	272	283	183	134	100	51	26	42	27	102	196	329	293	270	274	123	418	443	380	280	(63)	(135)	(280)	(245)	(79)	122	432	578	498	403	313	281	299	349	699	741	1 027	955	651	596
Cash Taxes Paid	0	0	125	0	0	0	143	0	0	0	239	0	0	0	372	0	0	0	450	0	0	0	587	684	962	1 099	614	581	482	407	396	372	426	473	533	576	695	736	762	774	769	813	820	787	808	806	826	832	933	971	979	968	961	918	925	916	840	779	759	744	657	719	712	718	691	607	524	521	516	524	521	506	476	373	359	362	420	527	498	493	529	520	468	463	322	236	233	247	347	366	436	437	334	310	465	457
Cash Interest Paid	0	0	17	0	0	0	19	0	0	0	35	0	0	0	45	0	0	0	51	0	0	0	40	55	63	80	43	30	25	9	9	8	8	8	7	32	24	75	41	44	69	45	43	33	46	48	48	43	18	(1)	40	39	38	39	45	41	47	46	47	49	49	49	42	46	43	42	39	31	25	21	30	23	29	67	85	118	180	180	219	231	233	236	282	290	337	400	501	619	722	803	808	847	864	878	860	836
Change in Working Capital	76	(15)	(16)	(81)	(97)	(63)	(117)	(184)	(307)	(532)	(55)	52	41	403	(338)	(71)	(46)	(245)	(311)	(239)	(303)	(47)	(316)	(650)	(650)	(366)	(432)	(309)	(140)	(690)	(590)	(500)	(559)	(296)	(93)	(279)	(522)	(720)	(552)	(598)	(552)	(622)	(1 064)	(977)	(873)	(641)	(326)	(389)	(569)	(535)	(467)	(239)	(39)	(93)	(206)	(348)	(519)	(434)	(300)	(48)	(78)	(401)	(761)	130	512	811	1 265	174	(71)	(840)	(1 303)	(1 539)	(1 592)	(742)	(205)	86	84	(510)	(883)	(1 176)	(1 404)	(833)	(285)	(417)	(515)	(666)	(765)	(883)	(547)	(584)	(666)	(667)	(918)	(32)	(619)	(790)
Cash from Operating Activities	741 N/A	656 -11%	735 +12%	591 -20%	568 -4%	596 +5%	536 -10%	550 +2%	529 -4%	366 -31%	930 +154%	1 057 +14%	1 054 0%	1 504 +43%	850 -43%	1 174 +38%	1 243 +6%	1 151 -7%	1 278 +11%	1 283 +0%	1 381 +8%	1 713 +24%	1 674 -2%	1 326 -21%	1 288 -3%	1 551 +20%	1 409 -9%	1 247 -12%	1 179 -5%	487 -59%	641 +32%	917 +43%	1 091 +19%	1 492 +37%	1 651 +11%	1 580 -4%	1 443 -9%	1 320 -9%	1 622 +23%	1 544 -5%	1 612 +4%	1 499 -7%	1 066 -29%	1 185 +11%	1 360 +15%	1 708 +26%	2 036 +19%	2 074 +2%	1 903 -8%	1 919 +1%	2 138 +11%	2 386 +12%	2 620 +10%	2 542 -3%	2 252 -11%	1 975 -12%	1 560 -21%	1 603 +3%	1 728 +8%	1 879 +9%	1 912 +2%	1 521 -20%	1 135 -25%	1 010 -11%	1 418 +40%	1 686 +19%	2 230 +32%	2 164 -3%	1 777 -18%	891 -50%	269 -70%	(22) N/A	(102) -373%	735 N/A	1 083 +47%	1 343 +24%	1 489 +11%	1 120 -25%	1 245 +11%	1 121 -10%	970 -13%	1 596 +65%	1 957 +23%	1 534 -22%	1 397 -9%	1 232 -12%	1 139 -8%	1 143 +0%	1 313 +15%	1 187 -10%	971 -18%	1 078 +11%	891 -17%	1 645 +85%	1 066 -35%	956 -10%
Investing Cash Flow
Capital Expenditures	(91)	(60)	(53)	(59)	(57)	(63)	(53)	(45)	(28)	(21)	(26)	(23)	(62)	(72)	(75)	(81)	(57)	(54)	(69)	(76)	(87)	(102)	(94)	(91)	(85)	(82)	(64)	(71)	(57)	(38)	(45)	(33)	(45)	(65)	(57)	(102)	(95)	(89)	(132)	(105)	(112)	(109)	(78)	(64)	(61)	(58)	(62)	(65)	(62)	(59)	(53)	(54)	(54)	(58)	(69)	(72)	(74)	(87)	(98)	(141)	(141)	(134)	(124)	(81)	(90)	(97)	(107)	(113)	(135)	(238)	(234)	(234)	(235)	(116)	(104)	(92)	(51)	(53)	(79)	(82)	(101)	(100)	(90)	(101)	(91)	(156)	(149)	(141)	(167)	(135)	(177)	(229)	(225)	(193)	(155)	0
Other Items	(534)	(415)	(162)	(376)	(715)	(102)	(207)	(44)	1 131	1 005	867	678	(332)	(472)	(183)	24	(3)	72	106	(12)	243	(67)	(212)	(574)	(436)	(622)	(1 033)	(530)	(1 189)	(927)	335	231	486	720	25	244	647	499	568	533	436	722	952	735	591	499	295	379	199	398	444	420	550	400	318	319	315	192	290	185	308	300	176	133	(114)	(188)	(184)	(218)	(708)	(789)	(1 042)	(774)	(102)	(416)	(3 958)	(4 752)	(5 295)	(5 480)	(2 537)	(2 451)	(2 388)	(3 260)	(3 239)	(3 542)	(4 282)	(3 744)	(3 433)	(2 536)	(1 631)	(1 419)	(2 247)	(2 713)	(2 808)	(2 909)	(2 188)	(1 921)
Cash from Investing Activities	(625) N/A	(475) +24%	(215) +55%	(435) -102%	(772) -78%	(165) +79%	(260) -58%	(88) +66%	1 103 N/A	984 -11%	841 -15%	655 -22%	(394) N/A	(544) -38%	(258) +53%	(57) +78%	(60) -5%	18 N/A	37 +102%	(88) N/A	156 N/A	(169) N/A	(306) -82%	(665) -117%	(521) +22%	(705) -35%	(1 096) -56%	(601) +45%	(1 246) -107%	(966) +22%	290 N/A	199 -31%	441 +122%	655 +48%	(33) N/A	142 N/A	552 +288%	409 -26%	436 +6%	428 -2%	324 -24%	613 +89%	873 +43%	672 -23%	530 -21%	441 -17%	233 -47%	314 +35%	137 -56%	340 +148%	391 +15%	365 -6%	496 +36%	342 -31%	249 -27%	248 -1%	241 -3%	106 -56%	192 +82%	45 -77%	167 +275%	165 -1%	52 -69%	52 0%	(204) N/A	(286) -40%	(290) -2%	(331) -14%	(843) -155%	(1 026) -22%	(1 275) -24%	(1 008) +21%	(337) +67%	(533) -58%	(4 062) -663%	(4 844) -19%	(5 346) -10%	(5 534) -4%	(2 616) +53%	(2 533) +3%	(2 489) +2%	(3 360) -35%	(3 329) +1%	(3 643) -9%	(4 373) -20%	(3 901) +11%	(3 582) +8%	(2 677) +25%	(1 798) +33%	(1 554) +14%	(2 424) -56%	(2 943) -21%	(3 034) -3%	(3 102) -2%	(2 343) +24%	(2 003) +14%
Financing Cash Flow
Net Issuance of Common Stock	(159)	(25)	(102)	(141)	(236)	(413)	(529)	(420)	(302)	(161)	61	(81)	(94)	(59)	(40)	30	6	(842)	(888)	(938)	(1 447)	(1 115)	(1 223)	(1 943)	(1 786)	(1 449)	(1 530)	(790)	(493)	(424)	(353)	(481)	(532)	(624)	(634)	(654)	(740)	(740)	(905)	(997)	(909)	(991)	(748)	(557)	(454)	(278)	(450)	(493)	(651)	(676)	(590)	(611)	(622)	(712)	(1 034)	(1 265)	(1 428)	(1 532)	(1 284)	(1 159)	(975)	(828)	(740)	(683)	(934)	(1 195)	(1 400)	(1 523)	(1 251)	(935)	(731)	(531)	(450)	(330)	(198)	(121)	(102)	(146)	(186)	(163)	(197)	(202)	(156)	(148)	(69)	(72)	(233)	(278)	(292)	(341)	(254)	(201)	(196)	(252)	(216)	(252)
Net Issuance of Debt	365	27	28	25	25	492	500	509	508	86	77	70	55	26	241	(17)	49	137	(49)	64	106	(227)	(140)	88	395	(278)	(513)	(608)	(1 047)	(160)	(80)	117	166	798	852	558	441	(230)	(340)	(362)	(373)	(350)	313	(106)	(73)	(70)	(744)	(257)	(229)	(222)	(180)	(194)	213	(21)	(15)	19	(299)	(46)	(94)	(70)	(184)	(401)	(642)	(641)	(595)	(713)	(383)	(379)	(362)	(2)	460	66	86	724	1 056	2 091	2 493	1 997	2 066	1 482	1 967	2 296	2 139	2 317	2 302	2 549	2 135	1 475	1 116	857	2 184	2 246	2 202	1 939	829	1 329
Cash Paid for Dividends	(68)	(70)	(72)	(73)	(74)	(76)	(75)	(76)	(78)	(79)	(82)	(85)	(89)	(595)	(599)	(603)	(609)	(113)	(118)	(123)	(130)	(136)	(143)	(149)	(159)	(169)	(179)	(189)	(190)	(191)	(193)	(879)	(881)	(882)	(884)	(200)	(205)	(211)	(216)	(713)	(658)	(661)	(663)	(874)	(875)	(879)	(883)	(189)	(263)	(277)	(290)	(302)	(632)	(649)	(666)	(682)	(384)	(397)	(409)	(421)	(427)	(434)	(441)	(450)	(464)	(2 107)	(2 117)	(2 128)	(2 133)	(510)	(519)	(527)	(528)	(530)	(533)	(537)	(545)	(553)	(560)	(568)	(573)	(578)	(583)	(588)	(594)	(601)	(607)	(615)	(627)	(642)	(656)	(667)	(674)	(680)	(684)	(688)
Other	147	60	10	112	(76)	(69)	(100)	(173)	(35)	(130)	36	136	116	141	40	(7)	(76)	110	201	182	163	97	56	174	417	470	922	1 001	700	662	285	110	265	208	71	50	130	130	493	716	438	613	13	(8)	13	(75)	58	(11)	412	333	(135)	(344)	(636)	(579)	103	181	178	84	(14)	(54)	290	507	867	1 132	634	473	138	(78)	86	699	1 130	1 339	1 450	978	409	272	283	400	710	786	779	460	185	497	592	644	734	328	143	237	142	285	233	265	523	463
Cash from Financing Activities	286 N/A	(8) N/A	(136) -1 709%	(77) +43%	(362) -368%	(67) +82%	(204) -205%	(160) +22%	93 N/A	(284) N/A	92 N/A	40 -56%	(13) N/A	(488) -3 739%	(358) +27%	(596) -67%	(630) -6%	(708) -12%	(853) -21%	(815) +4%	(1 308) -60%	(1 381) -6%	(1 449) -5%	(1 830) -26%	(1 133) +38%	(1 426) -26%	(1 300) +9%	(585) +55%	(1 029) -76%	(114) +89%	(341) -200%	(1 133) -233%	(983) +13%	(501) +49%	(595) -19%	(247) +58%	(375) -52%	(1 050) -180%	(968) +8%	(1 357) -40%	(1 501) -11%	(1 389) +7%	(1 085) +22%	(1 544) -42%	(1 388) +10%	(1 302) +6%	(2 018) -55%	(950) +53%	(732) +23%	(843) -15%	(1 195) -42%	(1 451) -21%	(1 677) -16%	(1 960) -17%	(1 612) +18%	(1 748) -8%	(1 934) -11%	(1 891) +2%	(1 801) +5%	(1 703) +5%	(1 296) +24%	(1 156) +11%	(956) +17%	(641) +33%	(1 359) -112%	(3 542) -161%	(3 762) -6%	(4 107) -9%	(3 660) +11%	(747) +80%	340 N/A	346 +2%	558 +61%	841 +51%	734 -13%	1 705 +132%	2 129 +25%	1 698 -20%	2 030 +20%	1 537 -24%	1 975 +29%	1 976 +0%	1 585 -20%	2 077 +31%	2 230 +7%	2 521 +13%	2 029 -20%	911 -55%	341 -63%	110 -68%	1 416 +1 182%	1 663 +17%	1 564 -6%	1 273 -19%	452 -64%	852 +88%
Change in Cash
Effect of Foreign Exchange Rates	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	53	45	51	47	(70)	(107)	(124)	(81)	(14)	31	30	(26)	(4)	(4)	25	50	(15)	(24)	(24)	(58)	(2)	18	(25)	(0)	21	19	47	50	(60)	(115)	(228)	(195)	(117)	(91)	51	(2)	(4)	(34)	(49)	14	35	95	95	10	(17)	(38)	(54)	(14)	(37)	0	(30)	(19)	27	29	47	46	(2)	(38)	(45)	(95)	(77)	(10)	11	57	34	0	(10)	(19)	43	(32)	(7)	30	(11)	35
Net Change in Cash	402 N/A	174 -57%	384 +121%	79 -79%	(566) N/A	365 N/A	73 -80%	302 +313%	1 725 +472%	1 067 -38%	1 864 +75%	1 753 -6%	647 -63%	472 -27%	235 -50%	521 +122%	553 +6%	461 -17%	461 +0%	380 -18%	229 -40%	163 -29%	(29) N/A	(1 124) -3 776%	(316) +72%	(532) -69%	(1 057) -99%	(46) +96%	(1 219) -2 574%	(674) +45%	577 N/A	14 -98%	579 +4 190%	1 620 +180%	1 019 -37%	1 471 +44%	1 645 +12%	729 -56%	1 075 +47%	591 -45%	411 -30%	665 +62%	853 +28%	331 -61%	477 +44%	847 +78%	272 -68%	1 457 +436%	1 355 -7%	1 466 +8%	1 273 -13%	1 186 -7%	1 211 +2%	729 -40%	772 +6%	384 -50%	(81) N/A	(184) -127%	115 N/A	186 +61%	735 +296%	544 -26%	266 -51%	516 +94%	(50) N/A	(2 132) -4 198%	(1 839) +14%	(2 312) -26%	(2 781) -20%	(897) +68%	(704) +21%	(683) +3%	90 N/A	1 024 +1 040%	(2 217) N/A	(1 767) +20%	(1 681) +5%	(2 669) -59%	657 N/A	86 -87%	411 +375%	118 -71%	135 +15%	(42) N/A	(736) -1 648%	(91) +88%	(380) -317%	(623) -64%	(154) +75%	(276) -79%	7 N/A	(235) N/A	(585) -150%	(155) +74%	(835) -440%	(160) +81%
Free Cash Flow
Free Cash Flow	650 N/A	596 -8%	682 +14%	532 -22%	511 -4%	533 +4%	484 -9%	505 +4%	501 -1%	346 -31%	904 +161%	1 034 +14%	992 -4%	1 432 +44%	775 -46%	1 093 +41%	1 186 +8%	1 097 -7%	1 209 +10%	1 207 0%	1 293 +7%	1 611 +25%	1 580 -2%	1 235 -22%	1 203 -3%	1 469 +22%	1 346 -8%	1 176 -13%	1 122 -5%	448 -60%	597 +33%	884 +48%	1 046 +18%	1 427 +36%	1 594 +12%	1 478 -7%	1 348 -9%	1 231 -9%	1 490 +21%	1 439 -3%	1 500 +4%	1 390 -7%	988 -29%	1 121 +13%	1 298 +16%	1 650 +27%	1 974 +20%	2 009 +2%	1 841 -8%	1 860 +1%	2 085 +12%	2 332 +12%	2 566 +10%	2 484 -3%	2 183 -12%	1 903 -13%	1 486 -22%	1 516 +2%	1 630 +8%	1 738 +7%	1 772 +2%	1 386 -22%	1 011 -27%	928 -8%	1 328 +43%	1 588 +20%	2 123 +34%	2 051 -3%	1 642 -20%	653 -60%	35 -95%	(255) N/A	(337) -32%	619 N/A	980 +58%	1 251 +28%	1 438 +15%	1 067 -26%	1 166 +9%	1 038 -11%	869 -16%	1 496 +72%	1 866 +25%	1 433 -23%	1 306 -9%	1 076 -18%	990 -8%	1 002 +1%	1 146 +14%	1 052 -8%	794 -24%	849 +7%	666 -22%	1 452 +118%	912 -37%	956 +5%

Income Statement Balance Sheet Cash Flow Statement

Franklin Resources Inc
NYSE:BEN

Cash Flow Statement

Cash Flow Statement
Franklin Resources Inc

See Also

Company

Help

Tools

Stocks

Franklin Resources Inc NYSE:BEN

Cash Flow Statement

Cash Flow Statement Franklin Resources Inc

See Also

Company

Help

Tools

Stocks

Franklin Resources Inc
NYSE:BEN

Cash Flow Statement
Franklin Resources Inc