Franklin Resources (BEN) Revenue — Quarter Ended Sep 30, 2024
Revenue for the reporting period increased sequentially from the prior quarter and also rose compared to the same period one year earlier. The trailing twelve-month revenue level indicates sustained overall performance.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue for the reporting period increased sequentially from the prior quarter and also rose compared to the same period one year earlier. The trailing twelve-month revenue level indicates sustained overall performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
+11.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $2B | +1.2% |
| Mar 31, 2024 | $2.2B | +11.7% |
| Jun 30, 2024 | $2.1B | +7.8% |
| Sep 30, 2024 | $2.2B | +11.3% |
Revenue performance
The reported revenue was higher than both the immediately preceding quarter and the same quarter a year ago.
Quarterly comparison
Over the past four quarters, revenue moved upward in the first two periods, then declined in the third, before recovering in the reporting quarter.
What to watch
The sequential volatility in quarterly revenue, particularly the decline in the prior period followed by a rebound, is a notable trend.