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Side-by-side financial comparison of APA Corporation (APA) and Franklin Resources (BEN). Click either name above to swap in a different company.
Franklin Resources is the larger business by last-quarter revenue ($2.3B vs $2.2B, roughly 1.1× APA Corporation). APA Corporation runs the higher net margin — 15.0% vs 11.0%, a 4.0% gap on every dollar of revenue. On growth, Franklin Resources posted the faster year-over-year revenue change (3.4% vs -24.3%). Over the past eight quarters, Franklin Resources's revenue compounded faster (4.0% CAGR vs 1.4%).
APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.
Franklin Resources, Inc. is an American multinational investment management holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from Ne...
APA vs BEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $2.3B |
| Net Profit | $331.0M | $255.5M |
| Gross Margin | — | — |
| Operating Margin | 32.5% | 12.1% |
| Net Margin | 15.0% | 11.0% |
| Revenue YoY | -24.3% | 3.4% |
| Net Profit YoY | -22.1% | 56.2% |
| EPS (diluted) | $0.79 | $0.46 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.2B | $2.3B | ||
| Q3 25 | $2.3B | $2.3B | ||
| Q2 25 | $2.3B | $2.1B | ||
| Q1 25 | $2.7B | $2.1B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $2.7B | $2.2B | ||
| Q2 24 | $2.8B | $2.1B | ||
| Q1 24 | $2.1B | $2.2B |
| Q4 25 | $331.0M | $255.5M | ||
| Q3 25 | $205.0M | $117.6M | ||
| Q2 25 | $603.0M | $92.3M | ||
| Q1 25 | $418.0M | $151.4M | ||
| Q4 24 | $425.0M | $163.6M | ||
| Q3 24 | $-223.0M | $-84.7M | ||
| Q2 24 | $541.0M | $174.0M | ||
| Q1 24 | $212.0M | $124.2M |
| Q4 25 | 32.5% | 12.1% | ||
| Q3 25 | 33.7% | 3.6% | ||
| Q2 25 | 31.8% | 7.5% | ||
| Q1 25 | 31.9% | 6.9% | ||
| Q4 24 | 31.4% | 9.7% | ||
| Q3 24 | -5.2% | -6.8% | ||
| Q2 24 | 34.4% | 10.5% | ||
| Q1 24 | 32.2% | 6.0% |
| Q4 25 | 15.0% | 11.0% | ||
| Q3 25 | 9.0% | 5.0% | ||
| Q2 25 | 26.0% | 4.5% | ||
| Q1 25 | 15.4% | 7.2% | ||
| Q4 24 | 14.6% | 7.3% | ||
| Q3 24 | -8.1% | -3.8% | ||
| Q2 24 | 19.0% | 8.2% | ||
| Q1 24 | 9.9% | 5.8% |
| Q4 25 | $0.79 | $0.46 | ||
| Q3 25 | $0.57 | $0.21 | ||
| Q2 25 | $1.67 | $0.15 | ||
| Q1 25 | $0.96 | $0.26 | ||
| Q4 24 | $0.97 | $0.29 | ||
| Q3 24 | $-0.60 | $-0.20 | ||
| Q2 24 | $1.46 | $0.32 | ||
| Q1 24 | $0.44 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $516.0M | — |
| Total DebtLower is stronger | $4.3B | $2.4B |
| Stockholders' EquityBook value | $6.1B | $12.1B |
| Total Assets | $17.8B | $32.5B |
| Debt / EquityLower = less leverage | 0.70× | 0.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $516.0M | — | ||
| Q3 25 | $475.0M | — | ||
| Q2 25 | $107.0M | — | ||
| Q1 25 | $67.0M | — | ||
| Q4 24 | $625.0M | — | ||
| Q3 24 | $64.0M | — | ||
| Q2 24 | $160.0M | — | ||
| Q1 24 | $102.0M | — |
| Q4 25 | $4.3B | $2.4B | ||
| Q3 25 | $4.3B | $2.4B | ||
| Q2 25 | $4.3B | $2.7B | ||
| Q1 25 | $5.2B | $2.7B | ||
| Q4 24 | $6.0B | $2.8B | ||
| Q3 24 | $6.4B | $2.8B | ||
| Q2 24 | $6.7B | $3.0B | ||
| Q1 24 | $5.2B | $3.0B |
| Q4 25 | $6.1B | $12.1B | ||
| Q3 25 | $6.0B | $12.1B | ||
| Q2 25 | $5.9B | $12.2B | ||
| Q1 25 | $5.4B | $12.3B | ||
| Q4 24 | $5.3B | $12.5B | ||
| Q3 24 | $5.1B | $12.5B | ||
| Q2 24 | $5.4B | $12.9B | ||
| Q1 24 | $2.6B | $12.9B |
| Q4 25 | $17.8B | $32.5B | ||
| Q3 25 | $17.7B | $32.4B | ||
| Q2 25 | $18.1B | $32.6B | ||
| Q1 25 | $18.5B | $32.0B | ||
| Q4 24 | $19.4B | $32.4B | ||
| Q3 24 | $19.4B | $32.5B | ||
| Q2 24 | $20.2B | $33.3B | ||
| Q1 24 | $15.0B | $32.9B |
| Q4 25 | 0.70× | 0.19× | ||
| Q3 25 | 0.72× | 0.20× | ||
| Q2 25 | 0.73× | 0.22× | ||
| Q1 25 | 0.96× | 0.22× | ||
| Q4 24 | 1.13× | 0.22× | ||
| Q3 24 | 1.25× | 0.22× | ||
| Q2 24 | 1.24× | 0.24× | ||
| Q1 24 | 1.99× | 0.24× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $808.0M | $-255.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.44× | -1.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $808.0M | $-255.1M | ||
| Q3 25 | $1.5B | $-20.7M | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.1B | $-50.1M | ||
| Q4 24 | $1.0B | $-145.2M | ||
| Q3 24 | $1.3B | $558.2M | ||
| Q2 24 | $877.0M | $528.4M | ||
| Q1 24 | $368.0M | $136.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-51.9M | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $-87.6M | ||
| Q4 24 | — | $-217.0M | ||
| Q3 24 | — | $488.4M | ||
| Q2 24 | — | $482.3M | ||
| Q1 24 | — | $94.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | — | 61.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 22.7% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | 2.44× | -1.00× | ||
| Q3 25 | 7.12× | -0.18× | ||
| Q2 25 | 1.96× | 13.89× | ||
| Q1 25 | 2.62× | -0.33× | ||
| Q4 24 | 2.44× | -0.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.62× | 3.04× | ||
| Q1 24 | 1.74× | 1.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
