vs

Side-by-side financial comparison of Franklin Resources (BEN) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $2.3B, roughly 1.2× Franklin Resources). Franklin Resources runs the higher net margin — 15.1% vs 5.5%, a 9.6% gap on every dollar of revenue. On growth, Franklin Resources posted the faster year-over-year revenue change (8.7% vs 2.0%). Over the past eight quarters, Franklin Resources's revenue compounded faster (4.0% CAGR vs -15.8%).

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...

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

BEN vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.2× larger
TAP
$2.7B
$2.3B
BEN
Growing faster (revenue YoY)
BEN
BEN
+6.7% gap
BEN
8.7%
2.0%
TAP
Higher net margin
BEN
BEN
9.6% more per $
BEN
15.1%
5.5%
TAP
Faster 2-yr revenue CAGR
BEN
BEN
Annualised
BEN
4.0%
-15.8%
TAP

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
BEN
BEN
TAP
TAP
Revenue
$2.3B
$2.7B
Net Profit
$346.6M
$150.1M
Gross Margin
33.0%
Operating Margin
14.1%
Net Margin
15.1%
5.5%
Revenue YoY
8.7%
2.0%
Net Profit YoY
77.1%
25.0%
EPS (diluted)
$0.49
$0.80

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
TAP
TAP
Q1 26
$2.3B
$2.7B
Q4 25
$2.3B
$3.1B
Q3 25
$2.3B
$3.5B
Q2 25
$2.1B
$3.7B
Q1 25
$2.1B
$2.7B
Q4 24
$2.3B
$3.2B
Q3 24
$2.2B
$3.6B
Q2 24
$2.1B
$3.8B
Net Profit
BEN
BEN
TAP
TAP
Q1 26
$346.6M
$150.1M
Q4 25
$255.5M
$238.3M
Q3 25
$117.6M
$-2.9B
Q2 25
$92.3M
$428.7M
Q1 25
$151.4M
$121.0M
Q4 24
$163.6M
$287.8M
Q3 24
$-84.7M
$199.8M
Q2 24
$174.0M
$427.0M
Gross Margin
BEN
BEN
TAP
TAP
Q1 26
33.0%
Q4 25
31.0%
Q3 25
33.7%
Q2 25
34.3%
Q1 25
31.6%
Q4 24
32.0%
Q3 24
33.4%
Q2 24
34.6%
Operating Margin
BEN
BEN
TAP
TAP
Q1 26
14.1%
Q4 25
12.1%
10.4%
Q3 25
3.6%
-98.5%
Q2 25
7.5%
15.6%
Q1 25
6.9%
6.9%
Q4 24
9.7%
12.0%
Q3 24
-6.8%
12.5%
Q2 24
10.5%
15.6%
Net Margin
BEN
BEN
TAP
TAP
Q1 26
15.1%
5.5%
Q4 25
11.0%
7.6%
Q3 25
5.0%
-84.0%
Q2 25
4.5%
11.5%
Q1 25
7.2%
4.5%
Q4 24
7.3%
8.9%
Q3 24
-3.8%
5.5%
Q2 24
8.2%
11.1%
EPS (diluted)
BEN
BEN
TAP
TAP
Q1 26
$0.49
$0.80
Q4 25
$0.46
$1.32
Q3 25
$0.21
$-14.79
Q2 25
$0.15
$2.13
Q1 25
$0.26
$0.59
Q4 24
$0.29
$1.39
Q3 24
$-0.20
$0.96
Q2 24
$0.32
$2.03

Balance Sheet & Financial Strength

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

Metric
BEN
BEN
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$382.6M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$669.7B
$10.3B
Total Assets
$22.4B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEN
BEN
TAP
TAP
Q1 26
$382.6M
Q4 25
$896.5M
Q3 25
$950.2M
Q2 25
$613.8M
Q1 25
$412.7M
Q4 24
$969.3M
Q3 24
$1.0B
Q2 24
$1.6B
Total Debt
BEN
BEN
TAP
TAP
Q1 26
$3.8B
Q4 25
$2.4B
$6.3B
Q3 25
$2.4B
$6.3B
Q2 25
$2.7B
$6.3B
Q1 25
$2.7B
$6.2B
Q4 24
$2.8B
$6.1B
Q3 24
$2.8B
$6.2B
Q2 24
$3.0B
$7.0B
Stockholders' Equity
BEN
BEN
TAP
TAP
Q1 26
$669.7B
$10.3B
Q4 25
$12.1B
$10.2B
Q3 25
$12.1B
$10.3B
Q2 25
$12.2B
$13.4B
Q1 25
$12.3B
$13.1B
Q4 24
$12.5B
$13.1B
Q3 24
$12.5B
$13.3B
Q2 24
$12.9B
$13.2B
Total Assets
BEN
BEN
TAP
TAP
Q1 26
$22.4B
Q4 25
$32.5B
$22.7B
Q3 25
$32.4B
$22.9B
Q2 25
$32.6B
$26.8B
Q1 25
$32.0B
$25.9B
Q4 24
$32.4B
$26.1B
Q3 24
$32.5B
$26.6B
Q2 24
$33.3B
$27.4B
Debt / Equity
BEN
BEN
TAP
TAP
Q1 26
0.38×
Q4 25
0.19×
0.61×
Q3 25
0.20×
0.61×
Q2 25
0.22×
0.47×
Q1 25
0.22×
0.47×
Q4 24
0.22×
0.47×
Q3 24
0.22×
0.47×
Q2 24
0.24×
0.53×

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
TAP
TAP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-212.9M
FCF MarginFCF / Revenue
-7.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEN
BEN
TAP
TAP
Q1 26
Q4 25
$-255.1M
$540.7M
Q3 25
$-20.7M
$616.1M
Q2 25
$1.3B
$718.3M
Q1 25
$-50.1M
$-90.7M
Q4 24
$-145.2M
$494.5M
Q3 24
$558.2M
$521.2M
Q2 24
$528.4M
$869.2M
Free Cash Flow
BEN
BEN
TAP
TAP
Q1 26
$-212.9M
Q4 25
$357.8M
Q3 25
$-51.9M
$483.0M
Q2 25
$1.3B
$555.0M
Q1 25
$-87.6M
$-328.0M
Q4 24
$-217.0M
$383.4M
Q3 24
$488.4M
$350.4M
Q2 24
$482.3M
$691.7M
FCF Margin
BEN
BEN
TAP
TAP
Q1 26
-7.8%
Q4 25
11.4%
Q3 25
-2.2%
13.9%
Q2 25
61.4%
14.8%
Q1 25
-4.1%
-12.2%
Q4 24
-9.6%
11.8%
Q3 24
22.1%
9.7%
Q2 24
22.7%
18.0%
Capex Intensity
BEN
BEN
TAP
TAP
Q1 26
Q4 25
5.9%
Q3 25
1.3%
3.8%
Q2 25
0.7%
4.4%
Q1 25
1.8%
8.8%
Q4 24
3.2%
3.4%
Q3 24
3.2%
4.7%
Q2 24
2.2%
4.6%
Cash Conversion
BEN
BEN
TAP
TAP
Q1 26
Q4 25
-1.00×
2.27×
Q3 25
-0.18×
Q2 25
13.89×
1.68×
Q1 25
-0.33×
-0.75×
Q4 24
-0.89×
1.72×
Q3 24
2.61×
Q2 24
3.04×
2.04×

Financial Flow Comparison

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

Related Comparisons