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Earnings per Share
 3 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings per Share 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,
20242023
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 – basic517.4 487.0 
Dilutive effect of nonparticipating nonvested stock unit awards
0.8 0.9 
Weighted-Average Shares Outstanding – Diluted518.2 487.9 
Earnings per Share
Basic$0.29 $0.50 
Diluted0.29 0.50 
There were no nonparticipating nonvested stock unit awards excluded from the calculation of diluted earnings per share because their effect would have been antidilutive for the three months ended December 31, 2024 and such awards were insignificant for the three months ended December 31, 2023.