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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Revenues        
Operating revenues $ 2,064.0 $ 2,122.9 $ 6,427.0 $ 6,266.8
Operating Expenses        
Compensation and benefits 901.1 893.8 2,812.5 2,890.3
Sales, distribution and marketing 480.7 481.1 1,491.1 1,366.2
Information systems and technology 162.7 156.6 477.4 442.7
Occupancy 69.5 104.8 213.9 247.7
Amortization of intangible assets 112.2 84.0 337.3 254.4
Impairment of intangible assets 0.0 0.0 24.4 0.0
General, administrative and other 183.7 180.1 551.7 507.2
Total operating expenses 1,909.9 1,900.4 5,908.3 5,708.5
Operating Income 154.1 222.5 518.7 558.3
Other Income (Expenses)        
Other Nonoperating Income (Expense) 23.4 74.5 128.0 300.2
Interest expense (25.8) (25.7) (69.7) (72.2)
Nonoperating Income (Expense) 22.5 77.6 13.8 311.1
Income before taxes 176.6 300.1 532.5 869.4
Taxes on income 59.9 68.1 172.1 205.8
Net Income 116.7 232.0 360.4 663.6
Less: net income (loss) attributable to        
Redeemable noncontrolling interests 20.0 43.0 (88.8) 95.3
Nonredeemable noncontrolling interests 4.4 15.0 41.9 18.8
Net income attributable to Franklin Resources, Inc. $ 92.3 $ 174.0 $ 407.3 $ 549.5
Earnings per Share        
Basic $ 0.15 $ 0.32 $ 0.70 $ 1.04
Diluted $ 0.15 $ 0.32 $ 0.70 $ 1.03
CIPs [Member]        
Other Income (Expenses)        
Other Nonoperating Income (Expense) $ 35.9 $ 37.6 $ (14.7) $ 103.7
Other Nonoperating Expense (11.0) (8.8) (29.8) (20.6)
Less: net income (loss) attributable to        
Redeemable noncontrolling interests 9.0 30.8 (119.5) 60.6
Investment management fees [Member]        
Operating Revenues        
Operating revenues 1,640.8 1,689.9 5,113.7 5,056.0
Sales and distribution fees [Member]        
Operating Revenues        
Operating revenues 351.9 358.3 1,092.3 1,013.0
Shareholder servicing fees [Member]        
Operating Revenues        
Operating revenues 59.9 61.8 185.3 162.3
Other [Member]        
Operating Revenues        
Operating revenues $ 11.4 $ 12.9 $ 35.7 $ 35.5