Flagship explainer

What drives FRANKLIN RESOURCES, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity4%Tax burden67%net income ÷ pretax incomeInterest burden130%pretax ÷ operating incomeOperating margin7%operating income ÷ revenueAsset turnover0.27×revenue ÷ average assetsEquity multiplier2.64×average assets ÷ average equityAs of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$525MFY2025
Income before tax$787MFY2025
Operating income$604MFY2025
$8.8BFY2025
Ending assets$32.4BFY2025
Beginning assets$32.5BFY2024
$12.1BFY2025
$12.5BFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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