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Earnings per Share (Tables)
3 Months Ended
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,
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