Franklin Resources (BEN) Tax Rate (2009 - 2026)
Franklin Resources' (BEN) quarterly Tax Rate came in at 22.23% in Q1 2026, down 5060.0% year-on-year from 0.45% in Q1 2025, and down 4.33% quarter-over-quarter from 23.24% in Q4 2025.
Franklin Resources (BEN) Tax Rate (2009 - 2026) Analysis & Trends
Franklin Resources has disclosed Tax Rate across 18 years of filings, most recently posting 22.23% for Q1 2026.
- Tax Rate for Q1 2026 came in at 22.23%, down 5060.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.83% (down 630.0% YoY), and the FY2025 annual result was 30.24%, up 408.0% from the prior year.
- Tax Rate came in at 22.23% for Q1 2026 at Franklin Resources, down from 23.24% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 72.83% in Q1 2025 to a low of 20.56% in Q3 2024.
- The 5-year median for Tax Rate is 25.38% (2023), against an average of 24.77%.
- Across the five-year window, Tax Rate surged 4646 bps in 2025 and plunged 5060 bps in 2026, its largest moves.
- Franklin Resources' Tax Rate stood at 26.32% in 2022, then fell by 14 bps to 22.61% in 2023, then grew by 15 bps to 25.89% in 2024, then declined by 10 bps to 23.24% in 2025, then fell by 4 bps to 22.23% in 2026.
- The last three Tax Rate figures came in at 22.23% (Q1 2026), 23.24% (Q4 2025), and 25.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Franklin Resources | 17.12 Bn | 18.53 Bn | 1.75 Bn | 22.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.23% |
| Mar 31, 2026 | 22.23% |
| Dec 31, 2025 | 23.24% |
| Dec 31, 2025 | 23.24% |
| Sep 30, 2025 | 25.87% |
| Sep 30, 2025 | 25.87% |
| Jun 30, 2025 | 33.92% |
| Jun 30, 2025 | 33.92% |
| Mar 31, 2025 | 72.83% |
| Mar 31, 2025 | 72.83% |
| Dec 31, 2024 | 25.89% |
| Dec 31, 2024 | 25.89% |
| Sep 30, 2024 | -20.56% |
| Sep 30, 2024 | -20.56% |
| Jun 30, 2024 | 22.69% |
| Jun 30, 2024 | 22.69% |
| Mar 31, 2024 | 26.38% |
| Mar 31, 2024 | 26.38% |
| Dec 31, 2023 | 22.61% |
| Dec 31, 2023 | 22.61% |