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
DateValue
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%