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Side-by-side financial comparison of Franklin Resources (BEN) and Motorola Solutions (MSI). Click either name above to swap in a different company.

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $2.3B, roughly 1.5× Franklin Resources). Motorola Solutions runs the higher net margin — 19.2% vs 15.1%, a 4.1% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 8.7%). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 4.0%).

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...

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

BEN vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
1.5× larger
MSI
$3.4B
$2.3B
BEN
Growing faster (revenue YoY)
MSI
MSI
+3.6% gap
MSI
12.3%
8.7%
BEN
Higher net margin
MSI
MSI
4.1% more per $
MSI
19.2%
15.1%
BEN
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
4.0%
BEN

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
BEN
BEN
MSI
MSI
Revenue
$2.3B
$3.4B
Net Profit
$346.6M
$649.0M
Gross Margin
52.3%
Operating Margin
14.1%
27.9%
Net Margin
15.1%
19.2%
Revenue YoY
8.7%
12.3%
Net Profit YoY
77.1%
6.2%
EPS (diluted)
$0.49
$3.85

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.

Revenue
BEN
BEN
MSI
MSI
Q1 26
$2.3B
Q4 25
$2.3B
$3.4B
Q3 25
$2.3B
$3.0B
Q2 25
$2.1B
$2.8B
Q1 25
$2.1B
$2.5B
Q4 24
$2.3B
$3.0B
Q3 24
$2.2B
$2.8B
Q2 24
$2.1B
$2.6B
Net Profit
BEN
BEN
MSI
MSI
Q1 26
$346.6M
Q4 25
$255.5M
$649.0M
Q3 25
$117.6M
$562.0M
Q2 25
$92.3M
$513.0M
Q1 25
$151.4M
$430.0M
Q4 24
$163.6M
$611.0M
Q3 24
$-84.7M
$562.0M
Q2 24
$174.0M
$443.0M
Gross Margin
BEN
BEN
MSI
MSI
Q1 26
Q4 25
52.3%
Q3 25
51.6%
Q2 25
51.1%
Q1 25
51.4%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
Operating Margin
BEN
BEN
MSI
MSI
Q1 26
14.1%
Q4 25
12.1%
27.9%
Q3 25
3.6%
25.6%
Q2 25
7.5%
25.0%
Q1 25
6.9%
23.0%
Q4 24
9.7%
27.0%
Q3 24
-6.8%
25.5%
Q2 24
10.5%
24.5%
Net Margin
BEN
BEN
MSI
MSI
Q1 26
15.1%
Q4 25
11.0%
19.2%
Q3 25
5.0%
18.7%
Q2 25
4.5%
18.6%
Q1 25
7.2%
17.0%
Q4 24
7.3%
20.3%
Q3 24
-3.8%
20.1%
Q2 24
8.2%
16.9%
EPS (diluted)
BEN
BEN
MSI
MSI
Q1 26
$0.49
Q4 25
$0.46
$3.85
Q3 25
$0.21
$3.33
Q2 25
$0.15
$3.04
Q1 25
$0.26
$2.53
Q4 24
$0.29
$3.57
Q3 24
$-0.20
$3.29
Q2 24
$0.32
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEN
BEN
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$669.7B
$2.4B
Total Assets
$19.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEN
BEN
MSI
MSI
Q1 26
Q4 25
$1.2B
Q3 25
$894.0M
Q2 25
$3.2B
Q1 25
$1.6B
Q4 24
$2.1B
Q3 24
$1.4B
Q2 24
$1.4B
Total Debt
BEN
BEN
MSI
MSI
Q1 26
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$3.0B
Stockholders' Equity
BEN
BEN
MSI
MSI
Q1 26
$669.7B
Q4 25
$12.1B
$2.4B
Q3 25
$12.1B
$2.3B
Q2 25
$12.2B
$2.0B
Q1 25
$12.3B
$1.6B
Q4 24
$12.5B
$1.7B
Q3 24
$12.5B
$1.3B
Q2 24
$12.9B
$802.0M
Total Assets
BEN
BEN
MSI
MSI
Q1 26
Q4 25
$32.5B
$19.4B
Q3 25
$32.4B
$18.8B
Q2 25
$32.6B
$16.4B
Q1 25
$32.0B
$14.4B
Q4 24
$32.4B
$14.6B
Q3 24
$32.5B
$13.9B
Q2 24
$33.3B
$13.3B
Debt / Equity
BEN
BEN
MSI
MSI
Q1 26
Q4 25
0.19×
Q3 25
0.20×
Q2 25
0.22×
Q1 25
0.22×
Q4 24
0.22×
Q3 24
0.22×
Q2 24
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
BEN
BEN
MSI
MSI
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$1.1B
FCF MarginFCF / Revenue
33.8%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEN
BEN
MSI
MSI
Q1 26
Q4 25
$-255.1M
$1.3B
Q3 25
$-20.7M
$798.0M
Q2 25
$1.3B
$273.0M
Q1 25
$-50.1M
$510.0M
Q4 24
$-145.2M
$1.1B
Q3 24
$558.2M
$759.0M
Q2 24
$528.4M
$180.0M
Free Cash Flow
BEN
BEN
MSI
MSI
Q1 26
Q4 25
$1.1B
Q3 25
$-51.9M
$732.0M
Q2 25
$1.3B
$225.0M
Q1 25
$-87.6M
$473.0M
Q4 24
$-217.0M
$984.0M
Q3 24
$488.4M
$702.0M
Q2 24
$482.3M
$112.0M
FCF Margin
BEN
BEN
MSI
MSI
Q1 26
Q4 25
33.8%
Q3 25
-2.2%
24.3%
Q2 25
61.4%
8.1%
Q1 25
-4.1%
18.7%
Q4 24
-9.6%
32.7%
Q3 24
22.1%
25.2%
Q2 24
22.7%
4.3%
Capex Intensity
BEN
BEN
MSI
MSI
Q1 26
Q4 25
3.4%
Q3 25
1.3%
2.2%
Q2 25
0.7%
1.7%
Q1 25
1.8%
1.5%
Q4 24
3.2%
2.9%
Q3 24
3.2%
2.0%
Q2 24
2.2%
2.6%
Cash Conversion
BEN
BEN
MSI
MSI
Q1 26
Q4 25
-1.00×
1.94×
Q3 25
-0.18×
1.42×
Q2 25
13.89×
0.53×
Q1 25
-0.33×
1.19×
Q4 24
-0.89×
1.75×
Q3 24
1.35×
Q2 24
3.04×
0.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEN
BEN

Segment breakdown not available.

MSI
MSI

Product And Systems Integration Segment$1.5B45%
Services And Software Segment$833.0M25%
Sales Channel Through Intermediary$772.0M23%
Command Center Software$258.0M8%

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