Earnings per Share (Tables)

12 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Components of basic and diluted earnings per share

The components of basic and diluted earnings per share were as follows:

(in millions, except per share data)
for the fiscal years ended September 30,	2021		2020		2019
Net income attributable to Franklin Resources, Inc.	$	1,831.2	$	798.9	$	1,195.7
Less: allocation of earnings to participating nonvested stock and stock unit awards	77.7		15.3		10.9
Net Income Available to Common Stockholders	$	1,753.5	$	783.6	$	1,184.8
Weighted-average shares outstanding – basic	489.9		491.9		503.6
Dilutive effect of nonparticipating nonvested stock unit awards	0.7		0.5		0.7
Weighted-Average Shares Outstanding – Diluted	490.6		492.4		504.3
Earnings per Share
Basic	$	3.58	$	1.59	$	2.35
Diluted	3.57		1.59		2.35