Franklin Resources price to free cash flow BEN

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 17.6×; Apr 2026
10-year median: 13.1×
10-year range: 6.9× to 24.3×
Peer median: 14.3×

Franklin Resources' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Apr 2026, at 17.6×.

On the days it had one over the last ten years, its median was 13.1×, from 6.9× in Dec 2018 to 24.3× in Feb 2018.

Price to free cash flow over time

median 13.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.6×	13.6×	18.0×
2025	13.8×	7.9×	19.6×
2024	13.6×	9.5×	15.0×
2023	14.9×	7.6×	14.9×
2022	7.1×	6.9×	15.2×
2021	14.4×	11.0×	17.0×
2020	13.7×	12.2×	20.7×
2019	21.8×	7.3×	24.3×
2018	7.0×	6.9×	24.3×
2017	22.6×	12.7×	23.3×
2016	13.8×	9.0×	14.7×
2015	10.1×	9.2×	16.6×
2014	17.1×	16.1×	19.9×
2013	18.3×	16.3×	25.8×
2012	23.1×	14.0×	24.7×
2011	14.0×	13.4×	22.6×
2010	15.6×	15.3×	23.1×

Against its peers

Companies in Asset Management nearest Franklin Resources' size, closest first, today.

Company	Price to free cash flow
BENFranklin Resources	n/m
OWLBlue OWL Capital	11.0×
TPGTPG	18.7×
CGCarlyle	n/m
TROWT. Rowe Price	13.3×
PFGPrincipal Financial	n/m
AMGAffiliated Managers	9.3×
EVREvercore	6.0×
HLIHoulihan Lokey	18.9×
IDCCInterDigital	15.2×
MORNMorningstar	17.0×
Peer median	14.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Franklin Resources

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.