BEN · 10-K · 2026A · Full report
Liquidity and Cash Position
FRANKLIN TEMPLETON INC · 2026-11-09 · Importance 53 · Surprise 48 · From source text
At September 30, 2026, liquid assets totaled $5,964.4 million, including $3,114.6 million of cash and cash equivalents, compared with $5,646.2 million of liquid assets a year earlier. Debt was $2,637.8 million, up from $2,362.0 million. Operating cash flow fell 21.5% to $836.7 million, while investing cash outflows increased to $4,323.0 million and financing cash inflows increased to $4,335.9 million, primarily reflecting consolidated investment product activity and debt proceeds. Franklin stated it expects to meet foreseeable operating needs through liquid assets, operating cash flows, credit availability and debt or equity issuance capacity.
Key facts
- On July 30, 2026, Franklin extended the revolving credit facility's maturity to July 30, 2031; the facility provides $1.5 billion in commitments and an option to increase commitments by up to $500.0 million. source
- Net cash provided by financing activities was $4,335.9 million in fiscal year 2026, compared with $452.4 million in fiscal year 2025. source
- On December 11, 2025, Franklin increased revolving-credit-facility commitments by $400.0 million to $1.5 billion through a Joinder and Commitment Increase Agreement. source
- FRANKLIN TEMPLETON INC's cash, cash equivalents and investments totaled $7,381.7 million at September 30, 2026. source
- Approximately $5.2 billion of FRANKLIN TEMPLETON INC's cash, cash equivalents and investments was maintained for operational activities, including investments in sponsored funds and other products, and $468.2 million was necessary to comply with regulatory requirements. source
- During fiscal year 2026, FRANKLIN TEMPLETON INC borrowed an aggregate of $850.0 million under its revolving credit facility; it repaid $150.0 million on February 9, 2026, and the remaining $700.0 million on August 15, 2026. source
- Net cash provided by operating activities was $836.7 million in fiscal year 2026, compared with $1,066.1 million in fiscal year 2025. source
- Net cash used in investing activities was $4,323.0 million in fiscal year 2026, compared with $2,342.7 million in fiscal year 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +10.1% | Net cash provided by financing activities was $4,335.9 million in fiscal year 2026, compared with $452.4 million in fiscal year 2025. |
| cash | negative | realized | -5.1% | Net cash used in investing activities was $4,323.0 million in fiscal year 2026, compared with $2,342.7 million in fiscal year 2025. |
| cash | negative | realized | -0.6% | Net cash provided by operating activities was $836.7 million in fiscal year 2026, compared with $1,066.1 million in fiscal year 2025. |