Franklin Resources (BEN) Change in Taxes (2009 - 2025)
Franklin Resources (BEN) reported Change in Taxes of $20.3 million for Q4 2025, down 63.09% on a YoY basis from $55.0 million in Q4 2024, and down 67.68% sequentially from $62.8 million in Q3 2025.
Franklin Resources (BEN) Change in Taxes (2009 - 2025) Analysis & Trends
Franklin Resources (BEN) has 17 years of Change in Taxes data on file, last reported at $20.3 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Taxes fell 63.09% year-over-year to $20.3 million; the trailing twelve-month figure through Dec 2025 stood at -$216.2 million (down 47.78% YoY), and the FY2025 full-year result was -$181.5 million, down 94.33% from the prior year.
- Change in Taxes eased to $20.3 million in Q4 2025, 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 tumbled 520.87% in 2022 and soared 1621.05% in 2023, its largest moves.
- Tracing BEN's Change in Taxes over 5 years: stood at $174.5 million in 2021, then fell by 9.0% to $158.8 million in 2022, then tumbled by 32.05% to $107.9 million in 2023, then slumped by 49.03% to $55.0 million in 2024, then plunged by 63.09% to $20.3 million in 2025.
- Business Quant data shows BEN's Change in Taxes at $20.3 million in Q4 2025, $62.8 million in Q3 2025, and $22.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 240.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Franklin Resources | 16.77 Bn | 17.07 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |