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Earnings per Share (Tables)
6 Months Ended
Mar. 31, 2025
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
March 31,
Six Months Ended
March 31,
2025202420252024
Net income attributable to Franklin Resources, Inc.$151.4 $124.2 $315.0 $375.5 
Less: allocation of earnings to participating nonvested stock and stock unit awards
14.3 7.2 29.7 16.3 
Net Income Available to Common Stockholders$137.1 $117.0 $285.3 $359.2 
Weighted-average shares outstanding – basic519.1 518.4 518.3 502.6 
Dilutive effect of nonparticipating nonvested stock unit awards
0.8 0.8 0.7 0.8 
Weighted-Average Shares Outstanding – Diluted519.9 519.2 519.0 503.4 
Earnings per Share
Basic$0.26 $0.23 $0.55 $0.71 
Diluted0.26 0.23 0.55 0.71