Franklin Resources Inc (BEN) — Tangible Net Worth Ratio

Latest as of March 2026: 28.9%

Franklin Resources Inc (BEN) has a Tangible Net Worth Ratio of 28.9% as of March 2026. This metric is calculated by deducting intangible assets ($10.39 Billion) from net assets ($14.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Franklin Resources Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

28.9%
Tangible equity / total equity

Net Assets (Equity)

$14.62 Billion
USD

Intangible Assets

$10.39 Billion
Goodwill, patents, brand value

Total Assets

$34.11 Billion
USD

Franklin Resources Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Franklin Resources Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 28.9%, reflecting net assets of $14.62 Billion with intangible assets of $10.39 Billion USD. See BEN defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Franklin Resources Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Franklin Resources Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Franklin Resources Inc worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 70.6% $14.19 Billion $4.17 Billion $32.37 Billion ▲ +3.6 pp
2024 67.0% $14.56 Billion $4.80 Billion $32.46 Billion ▲ +3.1 pp
2023 63.9% $13.57 Billion $4.90 Billion $30.12 Billion ▲ +0.6 pp
2022 63.2% $13.82 Billion $5.08 Billion $28.06 Billion ▲ +0.2 pp
2021 63.0% $12.74 Billion $4.71 Billion $24.17 Billion ▲ +6.1 pp
2020 56.9% $11.41 Billion $4.91 Billion $21.68 Billion ▼ -35.5 pp
2019 92.4% $11.37 Billion $864.20 Million $14.53 Billion ▼ -2.8 pp
2018 95.2% $11.25 Billion $538.60 Million $14.38 Billion ▼ -1.2 pp
2017 96.4% $14.88 Billion $540.50 Million $17.53 Billion ▲ +0.7 pp
2016 95.6% $12.59 Billion $550.10 Million $16.10 Billion ▲ +0.4 pp
2015 95.3% $12.56 Billion $595.80 Million $16.34 Billion ▲ +0.4 pp
2014 94.9% $12.45 Billion $634.90 Million $16.36 Billion ▲ +1.0 pp
2013 93.9% $10.81 Billion $657.70 Million $15.39 Billion ▲ +0.1 pp
2012 93.9% $9.79 Billion $601.10 Million $14.75 Billion ▲ +0.6 pp
2011 93.3% $9.12 Billion $612.00 Million $13.78 Billion ▲ +0.5 pp
2010 92.7% $7.75 Billion $562.36 Million $10.71 Billion ▲ +0.1 pp
2009 92.6% $7.70 Billion $567.97 Million $9.47 Billion ▲ +0.7 pp
2008 91.9% $7.15 Billion $579.57 Million $9.18 Billion ▲ +0.1 pp
2007 91.8% $7.37 Billion $601.83 Million $9.93 Billion ▲ +0.3 pp
2006 91.5% $6.78 Billion $574.63 Million $9.50 Billion ▲ +2.9 pp
2005 88.6% $5.76 Billion $656.59 Million $8.89 Billion ▲ +1.6 pp
2004 87.0% $5.18 Billion $671.50 Million $8.23 Billion ▲ +2.8 pp
2003 84.2% $4.34 Billion $684.28 Million $6.97 Billion ▲ +0.6 pp
2002 83.7% $4.27 Billion $697.25 Million $6.42 Billion ▲ +1.3 pp
2001 82.3% $3.98 Billion $702.20 Million $6.27 Billion ▲ +21.8 pp
2000 60.6% $2.97 Billion $1.17 Billion $4.04 Billion ▲ +5.8 pp
1999 54.7% $2.66 Billion $1.20 Billion $3.67 Billion ▲ +9.7 pp
1998 45.0% $2.28 Billion $1.25 Billion $3.48 Billion ▲ +11.0 pp
1997 34.0% $1.85 Billion $1.22 Billion $3.10 Billion ▼ -20.2 pp
1996 54.2% $1.40 Billion $641.98 Million $2.37 Billion ▲ +11.0 pp
1995 43.1% $1.16 Billion $660.36 Million $2.24 Billion ▼ -56.9 pp
1994 100.0% $930.82 Million $0.00 $1.97 Billion ▲ +96.8 pp
1993 3.2% $720.38 Million $697.00 Million $1.58 Billion ▼ -96.8 pp
1992 100.0% $467.20 Million $0.00 $834.30 Million ▲ +0.0 pp
1991 100.0% $363.00 Million $0.00 $578.60 Million ▲ +0.0 pp
1990 100.0% $288.80 Million $0.00 $478.50 Million ▲ +0.0 pp
1989 100.0% $216.50 Million $0.00 $394.00 Million ▲ +0.0 pp
1988 100.0% $150.50 Million $0.00 $177.20 Million ▲ +0.0 pp
1987 100.0% $104.60 Million $0.00 $137.90 Million ▲ +0.0 pp
1986 100.0% $52.20 Million $0.00 $88.20 Million ▲ +0.0 pp
1985 100.0% $22.40 Million $0.00 $32.50 Million
pp = percentage points