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Earnings per Share (Tables) | 3 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Components of basic and diluted earnings per share | The components of basic and diluted earnings per share were as follows:
(in millions, except per share data) |  |  |  | Three Months Ended December 31,
|  |  |  |  | 2024 |  | 2023
Net income attributable to Franklin Resources, Inc. |  |  |  |  |  | $ | 163.6 |  |  | $ | 251.3 |
Less: allocation of earnings to participating nonvested stock and stock unit awards |  |  |  |  |  | 15.4 |  |  | 9.7 |
Net Income Available to Common Stockholders |  |  |  |  |  | $ | 148.2 |  |  | $ | 241.6 |
Weighted-average shares outstanding – basic |  |  |  |  |  | 517.4 |  |  | 487.0 |
Dilutive effect of nonparticipating nonvested stock unit awards |  |  |  |  |  | 0.8 |  |  | 0.9 |
Weighted-Average Shares Outstanding – Diluted |  |  |  |  |  | 518.2 |  |  | 487.9 |
Earnings per Share |  |  |  |  |  |  |  |
Basic |  |  |  |  |  | $ | 0.29 |  |  | $ | 0.50 |
Diluted |  |  |  |  |  | 0.29 |  |  | 0.50 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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