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Franklin Resources vs KKR: revenue, profit, margins and growth compared

Franklin Resources brought in $8.8B of revenue in fiscal 2025, KKR $19.5B in fiscal 2025. Revenue changed by +3.5% at Franklin Resources and -11.0% at KKR on the year before, so Franklin Resources grew faster. Franklin Resources kept 6.0% of its revenue as net profit, KKR 12.2%.

Side by side, latest fiscal year

BENKKR
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$8.8B$19.5B
Revenue growth+3.5%-11.0%
Net income$524.9M$2.4B
Net margin6.0%12.2%
Free cash flow$911.6Mn/a
Free cash flow margin10.4%n/a
Earnings per share (diluted)$0.91n/a
Cash$3.6B$17.2B
Debt$2.4Bn/a
Price to earnings36.3n/a
Market value$16.8B$86.8B
Dividend yield3.88%0.76%
Rank by revenue in sector#64 of 444 · Finance#31 of 444 · Finance

Over the years

Revenue
BEN FY2018: $6.3BBEN FY2019: $5.8BBEN FY2020: $5.6BBEN FY2021: $8.4BBEN FY2022: $8.3BBEN FY2023: $7.8BBEN FY2024: $8.5BBEN FY2025: $8.8BKKR FY2018: $2.4BKKR FY2019: $4.2BKKR FY2020: $4.2BKKR FY2021: $16.2BKKR FY2022: $5.7BKKR FY2023: $14.5BKKR FY2024: $21.9BKKR FY2025: $19.5BFY18FY19FY20FY21FY22FY23FY24FY25
BEN $8.8BKKR $19.5B
Net income
BEN FY2018: $764.4MBEN FY2019: $1.2BBEN FY2020: $798.9MBEN FY2021: $1.8BBEN FY2022: $1.3BBEN FY2023: $882.8MBEN FY2024: $464.8MBEN FY2025: $524.9MKKR FY2018: $1.1BKKR FY2019: $2BKKR FY2020: $2BKKR FY2021: $4.7BKKR FY2022: -$521.7MKKR FY2023: $3.7BKKR FY2024: $3.1BKKR FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
BEN $524.9MKKR $2.4B
Net margin
BEN FY2018: 12.1%BEN FY2019: 20.7%BEN FY2020: 14.4%BEN FY2021: 21.7%BEN FY2022: 15.6%BEN FY2023: 11.2%BEN FY2024: 5.5%BEN FY2025: 6.0%KKR FY2018: 47.2%KKR FY2019: 47.5%KKR FY2020: 47.3%KKR FY2021: 29.2%KKR FY2022: -9.1%KKR FY2023: 25.7%KKR FY2024: 14.1%KKR FY2025: 12.2%FY18FY19FY20FY21FY22FY23FY24FY25
BEN 6.0%KKR 12.2%
Revenue growth
BEN FY2019: -8.6%BEN FY2020: -3.6%BEN FY2021: +51.4%BEN FY2022: -1.8%BEN FY2023: -5.1%BEN FY2024: +8.0%BEN FY2025: +3.5%KKR FY2019: +76.2%KKR FY2020: +0.2%KKR FY2021: +283.5%KKR FY2022: -64.8%KKR FY2023: +154.2%KKR FY2024: +50.9%KKR FY2025: -11.0%FY19FY20FY21FY22FY23FY24FY25
BEN +3.5%KKR -11.0%
Free cash flow
BEN FY2018: $2.1BBEN FY2019: $34.8MBEN FY2020: $979.6MBEN FY2021: $1.2BBEN FY2022: $1.9BBEN FY2023: $940.4MBEN FY2024: $794.2MBEN FY2025: $911.6MKKR FY2018: -$7.7BKKR FY2019: -$5.9BFY18FY19FY20FY21FY22FY23FY24FY25
BEN $911.6MKKR -$5.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Franklin Resources and KKR

Which is bigger by revenue, Franklin Resources or KKR?

KKR is bigger by revenue: $19.5B in fiscal 2025, against $8.8B for Franklin Resources in fiscal 2025.

Which keeps more of its revenue as profit, Franklin Resources or KKR?

Franklin Resources had a net margin of 6.0% in fiscal 2025; KKR had 12.2% in fiscal 2025.

Which grew revenue faster, Franklin Resources or KKR?

In their latest fiscal years revenue changed by +3.5% at Franklin Resources and -11.0% at KKR.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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