Growth Metrics

Franklin Resources (BEN) Change in Taxes (2009 - 2025)

Franklin Resources recorded quarterly Change in Taxes of $20.3 million in Q4 2025, down 67.68% quarter-over-quarter from $62.8 million in Q3 2025, and down 63.09% year-over-year from $55.0 million in Q4 2024.

Franklin Resources' Change in Taxes history runs 17 years deep, the most recent figure standing at $20.3 million for Q4 2025.

  • In Q4 2025, Change in Taxes fell 63.09% year-over-year to $20.3 million; the TTM figure through Dec 2025 stood at -$216.2 million (down 47.78% YoY), while the FY2025 annual figure was -$181.5 million, down 94.33% from the prior year.
  • Change in Taxes came in at $20.3 million for Q4 2025 at Franklin Resources, down from $62.8 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $174.5 million in Q4 2021 to a low of -$321.3 million in Q1 2025.
  • A 5-year average of -$29.2 million and a median of $21.2 million in 2025 frame the typical range for Change in Taxes.
  • Across the five-year window, Change in Taxes plunged 520.87% in 2022 and jumped 1621.05% in 2023, its largest moves.
  • Franklin Resources' Change in Taxes stood at $174.5 million in 2021, then decreased by 9.0% to $158.8 million in 2022, then sank by 32.05% to $107.9 million in 2023, then plunged by 49.03% to $55.0 million in 2024, then slumped by 63.09% to $20.3 million in 2025.
  • According to Business Quant data, Change in Taxes over the past three periods registered $20.3 million, $62.8 million, and $22.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 240.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Franklin Resources 16.04 Bn 17.45 Bn 1.75 Bn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 20.30 Mn
Dec 31, 2025 20.30 Mn
Sep 30, 2025 62.80 Mn
Sep 30, 2025 62.80 Mn
Jun 30, 2025 22.00 Mn
Jun 30, 2025 22.00 Mn
Mar 31, 2025 -321.30 Mn
Mar 31, 2025 -321.30 Mn
Dec 31, 2024 55.00 Mn
Dec 31, 2024 55.00 Mn
Sep 30, 2024 34.40 Mn
Sep 30, 2024 34.40 Mn
Jun 30, 2024 49.40 Mn
Jun 30, 2024 49.40 Mn
Mar 31, 2024 -285.10 Mn
Mar 31, 2024 -285.10 Mn
Dec 31, 2023 107.90 Mn
Dec 31, 2023 107.90 Mn
Sep 30, 2023 57.80 Mn
Sep 30, 2023 57.80 Mn
Jun 30, 2023 -30.40 Mn
Jun 30, 2023 -30.40 Mn
Mar 31, 2023 -187.30 Mn
Mar 31, 2023 -187.30 Mn
Dec 31, 2022 158.80 Mn
Dec 31, 2022 158.80 Mn
Sep 30, 2022 -3.80 Mn
Sep 30, 2022 -3.80 Mn
Jun 30, 2022 -71.40 Mn
Jun 30, 2022 -71.40 Mn
Mar 31, 2022 -279.40 Mn
Mar 31, 2022 -279.40 Mn
Dec 31, 2021 174.50 Mn
Dec 31, 2021 174.50 Mn
Sep 30, 2021 37.90 Mn
Sep 30, 2021 37.90 Mn
Jun 30, 2021 -11.50 Mn
Jun 30, 2021 -11.50 Mn
Mar 31, 2021 -174.20 Mn
Mar 31, 2021 -174.20 Mn
Dec 31, 2020 135.30 Mn
Dec 31, 2020 135.30 Mn
Sep 30, 2020 -49.30 Mn
Sep 30, 2020 -49.30 Mn
Jun 30, 2020 53.30 Mn
Jun 30, 2020 53.30 Mn
Mar 31, 2020 -188.80 Mn
Mar 31, 2020 -188.80 Mn
Dec 31, 2019 61.80 Mn
Dec 31, 2019 61.80 Mn
Sep 30, 2019 -25.40 Mn
Sep 30, 2019 -25.40 Mn
Jun 30, 2019 -65.80 Mn
Jun 30, 2019 -65.80 Mn
Mar 31, 2019 -156.00 Mn
Mar 31, 2019 -156.00 Mn
Dec 31, 2018 37.10 Mn
Dec 31, 2018 37.10 Mn
Sep 30, 2018 -141.40 Mn
Sep 30, 2018 -141.40 Mn
Jun 30, 2018 3.00 Mn
Jun 30, 2018 3.00 Mn
Mar 31, 2018 -128.40 Mn
Mar 31, 2018 -128.40 Mn
Dec 31, 2017 1.23 Bn
Dec 31, 2017 1.23 Bn
Sep 30, 2017 -24.30 Mn
Sep 30, 2017 -24.30 Mn
Jun 30, 2017 14.90 Mn
Jun 30, 2017 14.90 Mn
Mar 31, 2017 -113.20 Mn
Mar 31, 2017 -113.20 Mn
Dec 31, 2016 167.10 Mn
Dec 31, 2016 167.10 Mn
Sep 30, 2016 -38.50 Mn
Sep 30, 2016 -38.50 Mn
Jun 30, 2016 53.20 Mn
Jun 30, 2016 53.20 Mn
Mar 31, 2016 -189.10 Mn
Mar 31, 2016 -189.10 Mn
Dec 31, 2015 160.40 Mn
Dec 31, 2015 160.40 Mn
Sep 30, 2015 -8.40 Mn
Sep 30, 2015 -8.40 Mn
Jun 30, 2015 47.20 Mn
Jun 30, 2015 47.20 Mn
Mar 31, 2015 -190.50 Mn
Mar 31, 2015 -190.50 Mn
Dec 31, 2014 171.70 Mn
Dec 31, 2014 171.70 Mn
Sep 30, 2014 12.40 Mn
Sep 30, 2014 12.40 Mn
Jun 30, 2014 26.10 Mn
Jun 30, 2014 26.10 Mn
Mar 31, 2014 -217.20 Mn
Mar 31, 2014 -217.20 Mn
Dec 31, 2013 194.50 Mn
Dec 31, 2013 194.50 Mn
Sep 30, 2013 23.40 Mn
Sep 30, 2013 23.40 Mn
Jun 30, 2013 10.10 Mn
Jun 30, 2013 10.10 Mn
Mar 31, 2013 -132.80 Mn
Mar 31, 2013 -132.80 Mn
Dec 31, 2012 149.40 Mn
Dec 31, 2012 149.40 Mn
Sep 30, 2012 -13.20 Mn
Sep 30, 2012 -13.20 Mn
Jun 30, 2012 -5.90 Mn
Jun 30, 2012 -5.90 Mn
Mar 31, 2012 -154.20 Mn
Mar 31, 2012 -154.20 Mn
Dec 31, 2011 98.40 Mn
Dec 31, 2011 98.40 Mn
Sep 30, 2011 13.50 Mn
Sep 30, 2011 13.50 Mn
Jun 30, 2011 65.27 Mn
Jun 30, 2011 65.27 Mn
Mar 31, 2011 -165.10 Mn
Mar 31, 2011 -165.10 Mn
Dec 31, 2010 118.83 Mn
Dec 31, 2010 118.83 Mn
Sep 30, 2010 42.23 Mn
Sep 30, 2010 42.23 Mn
Jun 30, 2010 20.49 Mn
Jun 30, 2010 20.49 Mn
Mar 31, 2010 -83.51 Mn
Mar 31, 2010 -83.51 Mn
Dec 31, 2009 114.69 Mn
Dec 31, 2009 114.69 Mn
Sep 30, 2009 -855,000.00
Sep 30, 2009 -855,000.00
Jun 30, 2009 25.41 Mn
Jun 30, 2009 25.41 Mn
Mar 31, 2009 -46.72 Mn
Mar 31, 2009 -46.72 Mn