Segment and Geographic Information
The Company has one operating segment, which provides investment management and related services.
The chief operating decision maker (“CODM”), identified as the Company’s Chief Executive Officer, assesses the performance of the business and allocates resources primarily based on consolidated net income attributable to Franklin Resources, Inc. This measure is used to support decision making activities and assess the performance of the operating segment.
The CODM regularly reviews the significant segment expenses categories that are presented on the Company’s consolidated statements of income. Total assets on the consolidated balance sheets is the measure of segment assets.
See Note 4 – Revenues for total operating revenues disaggregated by geographic location.
See below for the long-lived assets disaggregated by geographic location.
(in millions)
as of September 30,20252024
Property and Equipment, Net
United States$764.1 $758.4 
Europe, Middle East and Africa150.6 149.2 
Asia-Pacific29.4 33.5 
Americas excluding United States5.0 5.3 
Total$949.1 $946.4 

Historical Timeline

Fiscal YearFiled
2025Nov 10, 2025Showing above
2024Nov 12, 2024
2023Nov 14, 2023
2022Nov 14, 2022
2021Nov 19, 2021
2020Nov 23, 2020
2019Nov 12, 2019
2018Nov 9, 2018
2017Nov 13, 2017
2016Nov 14, 2016
2015Nov 12, 2015

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.