Franklin Resources vs Northern Trust
Franklin Resources and Northern Trust are similar in size: $8.77bn and $8.09bn of revenue in their latest fiscal years. Franklin Resources grew faster (3.5% against -2.5%). Northern Trust kept more of each dollar of sales as profit: a net margin of 21.5% against 6.0%.
| Latest fiscal year | Franklin ResourcesBEN, 2025 | Northern TrustNTRS, 2025 |
|---|---|---|
| Revenue | $8.77bn | $8.09bn |
| Revenue growth | 3.5% | -2.5% |
| Net income | $525m | $1.74bn |
| Operating margin | 6.9% | — |
| Net margin | 6.0% | 21.5% |
| Return on equity | 4.3% | 13.5% |
| Free cash flow | $912m | $5.46bn |
| Cash | $3.57bn | $5.87bn |
| Total debt | $2.36bn | $0 |
| Debt to equity | 19.6% | — |
| Dividend per share | $1.28 | $3.10 |
| Dividend yield | 4.3% | 2.0% |
| Share buybacks | $240m | $1.27bn |
| Employees | 9,800 | 23,800 |
| Market value | $16.43bn | $31.24bn |
| Price vs our value range | — | — |
| Moat score | 68 (Moderate) | 76 (Strong) |
| Insider trades, 12 months | 3 buys, 5 sales | 6 buys, 19 sales |