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Side-by-side financial comparison of Franklin Resources (BEN) and Primo Brands Corp (PRMB). Click either name above to swap in a different company.

Franklin Resources is the larger business by last-quarter revenue ($2.3B vs $1.6B, roughly 1.5× Primo Brands Corp). Franklin Resources runs the higher net margin — 15.1% vs -0.8%, a 15.9% gap on every dollar of revenue.

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...

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

BEN vs PRMB — Head-to-Head

Bigger by revenue
BEN
BEN
1.5× larger
BEN
$2.3B
$1.6B
PRMB
Higher net margin
BEN
BEN
15.9% more per $
BEN
15.1%
-0.8%
PRMB

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
BEN
BEN
PRMB
PRMB
Revenue
$2.3B
$1.6B
Net Profit
$346.6M
$-13.0M
Gross Margin
27.7%
Operating Margin
14.1%
1.2%
Net Margin
15.1%
-0.8%
Revenue YoY
8.7%
Net Profit YoY
77.1%
EPS (diluted)
$0.49
$-0.03

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
PRMB
PRMB
Q1 26
$2.3B
Q4 25
$2.3B
$1.6B
Q3 25
$2.3B
$1.8B
Q2 25
$2.1B
$1.7B
Q1 25
$2.1B
$1.6B
Q4 24
$2.3B
Q3 24
$2.2B
$0
Q2 24
$2.1B
$1.3B
Net Profit
BEN
BEN
PRMB
PRMB
Q1 26
$346.6M
Q4 25
$255.5M
$-13.0M
Q3 25
$117.6M
$16.8M
Q2 25
$92.3M
$27.6M
Q1 25
$151.4M
$28.7M
Q4 24
$163.6M
Q3 24
$-84.7M
$-2.0K
Q2 24
$174.0M
$54.5M
Gross Margin
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
27.7%
Q3 25
29.9%
Q2 25
31.3%
Q1 25
32.3%
Q4 24
Q3 24
Q2 24
32.7%
Operating Margin
BEN
BEN
PRMB
PRMB
Q1 26
14.1%
Q4 25
12.1%
1.2%
Q3 25
3.6%
8.3%
Q2 25
7.5%
6.5%
Q1 25
6.9%
9.5%
Q4 24
9.7%
Q3 24
-6.8%
Q2 24
10.5%
12.1%
Net Margin
BEN
BEN
PRMB
PRMB
Q1 26
15.1%
Q4 25
11.0%
-0.8%
Q3 25
5.0%
1.0%
Q2 25
4.5%
1.6%
Q1 25
7.2%
1.8%
Q4 24
7.3%
Q3 24
-3.8%
Q2 24
8.2%
4.1%
EPS (diluted)
BEN
BEN
PRMB
PRMB
Q1 26
$0.49
Q4 25
$0.46
$-0.03
Q3 25
$0.21
$0.04
Q2 25
$0.15
$0.07
Q1 25
$0.26
$0.08
Q4 24
$0.29
Q3 24
$-0.20
$-20.00
Q2 24
$0.32
$0.25

Balance Sheet & Financial Strength

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

Metric
BEN
BEN
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$376.7M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$669.7B
$3.0B
Total Assets
$10.6B
Debt / EquityLower = less leverage
1.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
$376.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
$2.4B
$5.2B
Q3 25
$2.4B
$5.1B
Q2 25
$2.7B
$5.1B
Q1 25
$2.7B
$5.0B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$3.0B
Stockholders' Equity
BEN
BEN
PRMB
PRMB
Q1 26
$669.7B
Q4 25
$12.1B
$3.0B
Q3 25
$12.1B
$3.2B
Q2 25
$12.2B
$3.2B
Q1 25
$12.3B
$3.3B
Q4 24
$12.5B
Q3 24
$12.5B
$-2.0K
Q2 24
$12.9B
$-296.8M
Total Assets
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
$32.5B
$10.6B
Q3 25
$32.4B
$11.0B
Q2 25
$32.6B
$11.0B
Q1 25
$32.0B
$11.0B
Q4 24
$32.4B
Q3 24
$32.5B
$0
Q2 24
$33.3B
Debt / Equity
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
0.19×
1.72×
Q3 25
0.20×
1.61×
Q2 25
0.22×
1.57×
Q1 25
0.22×
1.51×
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
PRMB
PRMB
Operating Cash FlowLast quarter
$203.1M
Free Cash FlowOCF − Capex
$57.3M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
$-255.1M
$203.1M
Q3 25
$-20.7M
$283.4M
Q2 25
$1.3B
$155.0M
Q1 25
$-50.1M
$38.8M
Q4 24
$-145.2M
Q3 24
$558.2M
$0
Q2 24
$528.4M
$102.5M
Free Cash Flow
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
$57.3M
Q3 25
$-51.9M
$167.7M
Q2 25
$1.3B
$101.1M
Q1 25
$-87.6M
$-23.2M
Q4 24
$-217.0M
Q3 24
$488.4M
Q2 24
$482.3M
$61.4M
FCF Margin
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
3.7%
Q3 25
-2.2%
9.5%
Q2 25
61.4%
5.8%
Q1 25
-4.1%
-1.4%
Q4 24
-9.6%
Q3 24
22.1%
Q2 24
22.7%
4.7%
Capex Intensity
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
9.4%
Q3 25
1.3%
6.6%
Q2 25
0.7%
3.1%
Q1 25
1.8%
3.8%
Q4 24
3.2%
Q3 24
3.2%
Q2 24
2.2%
3.1%
Cash Conversion
BEN
BEN
PRMB
PRMB
Q1 26
Q4 25
-1.00×
Q3 25
-0.18×
16.87×
Q2 25
13.89×
5.62×
Q1 25
-0.33×
1.35×
Q4 24
-0.89×
Q3 24
Q2 24
3.04×
1.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEN
BEN

Segment breakdown not available.

PRMB
PRMB

Regional Spring Water$765.1M49%
Purified Water$484.5M31%
Other$188.4M12%
Premium Water$90.3M6%
Other Water$25.8M2%

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