Franklin Templeton reported fourth quarter revenue of $2.43 billion and adjusted EPS of $0.94, both exceeding analyst estimates. The company ended the fiscal year with record assets under management of $1.8 trillion, driven by strong growth in alternative investments and a 73% surge in ETF assets.

Key Highlights

  • Generated $20.8 billion in long-term net inflows during the quarter, marking positive net flows across all regions and channels for every quarter of the fiscal year.
  • Alternative assets under management reached a record $304.6 billion, supported by $48.7 billion in total fundraising throughout the year.
  • ETF assets under management grew to $84.6 billion, while retail SMA assets increased 19% to $196.3 billion.
  • Western Asset Management (WAM) continued to face pressure, recording $11.7 billion in long-term net outflows for the full fiscal year.
  • Returned $1.2 billion to shareholders during the fiscal year through dividends and the repurchase of common stock.