Franklin Financial Services Corporation (FRAF) Balance Sheet
FRAF balance sheet, 2025
December 31, 2025 · U.S. dollars$2.24B assets = $2.06B liabilities + $175.2M equity
Both columns are drawn to the same scale: what FRAF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FRAF financial health
Descriptive bands, not a rating. Fiscal 2025.
FRAF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.13B2016 | $2.24B2025 | +7.9%/yr | |
| Total liabilities | $1.01B2016 | $2.06B2025 | +8.3%/yr | |
| Shareholders’ equity | $116.5M2016 | $175.2M2025 | +4.6%/yr | |
| Cash & short-term investments | $180.5M2016 | $229.8M2025 | +2.7%/yr | |
| Total debt | $24.3M2016 | $214.7M2025 | +27.4%/yr | |
| Net cash (debt) | $156.3M2016 | $15.1M2025 | −$141.1M | |
| Working capital | −$825.9M2016 | −$1.61B2025 | −$780.1M | |
| Book value per share | $27.082016 | $38.962025 | +4.1%/yr | |
| Debt / equity | 0.212016 | 1.232025 | +1.02 | |
| Shares outstanding | 4.3M2016 | 4.5M2025 | +0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FRAF assets
FRAF liabilities and equity
FRAF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FRAF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $229.8M | $524.1M | $501.9M | $565.7M | $715.5M | $466.8M | $280.0M | $184.4M | $185.6M | $180.5M |
| Cash & equivalents | $128.7M | $205.1M | $29.4M | $78.9M | $185.6M | $69.9M | $92.6M | $53.0M | $58.6M | $36.7M |
| Short-term investments | $101.1M | $319.0M | $472.5M | $486.8M | $529.8M | $396.9M | $187.4M | $131.5M | $127.0M | $143.9M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.7M | $2.6M | $4.9M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $229.8M | $524.1M | $501.9M | $565.7M | $715.5M | $466.8M | $280.0M | $184.4M | $185.6M | $180.5M |
| Property, plant & equipment (net) | $30.8M | $33.1M | $33.2M | $36.0M | $23.9M | $18.4M | $19.0M | $13.5M | $13.7M | $14.1M |
| Goodwill & intangible assets | $9.0M | $9.0M | $9.0M | $18.0M | $18.0M | $18.0M | $18.0M | $9.0M | $18.0M | $18.0M |
| Long-term investments | $101.1M | $508.8M | $472.9M | $1.52B | $1.52B | $1.40B | $187.9M | $131.8M | $127.3M | $143.9M |
| Other non-current assets | $1.87B | $1.12B | $819.0M | $0 | $0 | $0 | $764.3M | $870.8M | $835.1M | $770.9M |
| Total assets | $2.24B | $2.20B | $1.84B | $1.70B | $1.77B | $1.54B | $1.27B | $1.21B | $1.18B | $1.13B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $1.55B | $1.58B | $1.35B | $1.13B | $1.08B | $1.05B | $982.1M |
| Short-term debt | $601,000 | $681,000 | $130.0M | $818,000 | $640,000 | $642,000 | $5.2M | — | $0 | $24.3M |
| Total current liabilities | $1.84B | $1.82B | $1.67B | $1.55B | $1.58B | $1.35B | $1.13B | $1.08B | $1.05B | $1.01B |
| Long-term debt | $210.8M | $219.7M | $149.7M | $19.6M | $19.6M | $19.6M | $0 | $0 | $0 | $0 |
| Lease obligations | $3.8M | $4.3M | $4.8M | $6.1M | $4.9M | $5.3M | $5.2M | — | — | — |
| Other long-term liabilities | $17.2M | $17.8M | $0 | $14.3M | $12.8M | $15.7M | $16.2M | $8.6M | $17.5M | $4.6M |
| Total liabilities | $2.06B | $2.05B | $1.70B | $1.59B | $1.62B | $1.39B | $1.14B | $1.09B | $1.06B | $1.01B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M |
| Retained earnings (deficit) | $154.8M | $139.5M | $134.0M | $125.9M | $116.6M | $102.5M | $94.9M | $83.9M | $82.2M | $83.1M |
| Treasury stock | — | — | — | −$8.7M | −$6.8M | −$7.8M | −$8.4M | −$5.4M | −$6.1M | −$6.8M |
| Accumulated other comprehensive income | −$21.6M | −$35.5M | −$40.9M | −$51.3M | −$547,000 | $3.2M | −$6.0M | −$6.4M | −$6.0M | −$4.2M |
| Total shareholders' equity | $175.2M | $144.7M | $132.1M | $114.2M | $157.1M | $145.2M | $127.5M | $118.4M | $115.1M | $116.5M |
| Key figures | ||||||||||
| Total debt | $214.7M | $224.0M | $154.5M | $25.8M | $24.4M | $24.9M | $5.2M | $131.5M | $0 | $24.3M |
| Net cash (debt) | $15.1M | $300.1M | $347.4M | $539.9M | $691.0M | $441.9M | $274.8M | $53.0M | $185.6M | $156.3M |
| Working capital | −$1.61B | −$1.29B | −$1.17B | −$985.7M | −$868.9M | −$887.7M | −$845.4M | −$898.2M | −$861.6M | −$825.9M |
| Tangible book value | $166.2M | $135.7M | $123.1M | $96.2M | $139.0M | $127.1M | $109.5M | $109.4M | $97.1M | $98.5M |
| Book value per share | $38.96 | $32.79 | $30.16 | $25.69 | $35.38 | $33.25 | $29.01 | $26.88 | $26.42 | $27.08 |
| Shares outstanding | 4.5M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.4M | 4.3M |
| Current ratio | 0.13 | 0.29 | 0.30 | 0.36 | 0.45 | 0.34 | 0.25 | 0.17 | 0.18 | 0.18 |
| Quick ratio | 0.13 | 0.29 | 0.30 | 0.36 | 0.45 | 0.34 | 0.25 | 0.17 | 0.18 | 0.18 |
| Debt / equity | 1.23 | 1.55 | 1.17 | 0.23 | 0.16 | 0.17 | 0.04 | 1.11 | 0.00 | 0.21 |
| Equity / assets | 7.8% | 6.6% | 7.2% | 6.7% | 8.9% | 9.5% | 10.0% | 9.8% | 9.8% | 10.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $647.4M | $24.0M | $229.8M | $271.5M | $328.5M | $531.0M | $524.1M | $704.6M | $636.2M | $649.5M | $501.9M | $540.0M |
| Cash & equivalents | $195.0M | $24.0M | $128.7M | $189.1M | $208.8M | $226.2M | $205.1M | $238.1M | $181.7M | $186.6M | $29.4M | $81.7M |
| Short-term investments | $452.3M | $436.5M | $101.1M | $82.4M | $119.8M | $304.8M | $319.0M | $466.5M | $454.5M | $463.0M | $472.5M | $458.3M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $647.4M | $24.0M | $229.8M | $271.5M | $328.5M | $531.0M | $524.1M | $704.6M | $636.2M | $649.5M | $501.9M | $540.0M |
| Property, plant & equipment (net) | $30.3M | $30.9M | $30.8M | $32.2M | $32.4M | $32.9M | $33.1M | $33.4M | $33.4M | $33.4M | $33.2M | $33.9M |
| Goodwill & intangible assets | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $9.0M | $18.0M |
| Long-term investments | $84.0M | $93.1M | $101.1M | $82.4M | $119.8M | $495.5M | $508.8M | $467.1M | $454.8M | $463.3M | $472.9M | $458.7M |
| Other non-current assets | $1.56B | $2.14B | $1.87B | $1.90B | $1.80B | $1.19B | $1.12B | $937.2M | $905.8M | $856.3M | $819.0M | $777.4M |
| Total assets | $2.34B | $2.30B | $2.24B | $2.30B | $2.29B | $2.26B | $2.20B | $2.15B | $2.04B | $2.01B | $1.84B | $1.83B |
| Liabilities | ||||||||||||
| Short-term debt | $4.3M | $547,000 | $601,000 | $178,000 | $356,000 | $534,000 | $681,000 | $40.2M | $40.4M | $40.5M | $130.0M | $5.0M |
| Total current liabilities | $1.92B | $4.4M | $1.84B | $1.90B | $1.89B | $1.87B | $1.82B | $1.72B | $1.59B | $1.56B | $1.67B | $1.57B |
| Long-term debt | $210.9M | $210.8M | $210.8M | $210.8M | $219.7M | $219.7M | $219.7M | $259.7M | $299.7M | $299.7M | $149.7M | $129.7M |
| Lease obligations | $4.3M | $4.4M | $3.8M | $4.0M | $4.1M | $4.3M | $4.3M | $4.4M | $4.5M | $4.7M | $4.8M | $5.0M |
| Other long-term liabilities | $15.9M | $1.91B | $17.2M | $17.0M | $16.2M | $18.8M | $17.8M | $18.3M | $16.2M | $18.4M | $0 | $16.1M |
| Total liabilities | $2.15B | $2.12B | $2.06B | $2.13B | $2.13B | $2.11B | $2.05B | $2.00B | $1.90B | $1.88B | $1.70B | $1.71B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M | $4.7M |
| Retained earnings (deficit) | $165.1M | $160.0M | $154.8M | $150.3M | $146.4M | $142.0M | $139.5M | $140.4M | $137.6M | $136.0M | $134.0M | $131.9M |
| Accumulated other comprehensive income | −$23.5M | −$23.3M | −$21.6M | −$25.8M | −$30.8M | −$31.9M | −$35.5M | −$30.9M | −$40.9M | −$41.2M | −$40.9M | −$55.8M |
| Total shareholders' equity | $183.8M | $178.7M | $175.2M | $166.3M | $157.4M | $151.4M | $144.7M | $149.9M | $136.8M | $134.2M | $132.1M | $114.8M |
| Key figures | ||||||||||||
| Total debt | $215.1M | $215.2M | $214.7M | $214.8M | $223.8M | $224.0M | $224.0M | $264.1M | $304.2M | $304.4M | $154.5M | $134.6M |
| Net cash (debt) | $432.3M | −$191.3M | $15.1M | $56.7M | $104.7M | $307.0M | $300.1M | $440.5M | $332.0M | $345.2M | $347.4M | $405.3M |
| Working capital | −$1.28B | $19.6M | −$1.61B | −$1.63B | −$1.56B | −$1.34B | −$1.29B | −$1.02B | −$950.3M | −$909.8M | −$1.17B | −$1.03B |
| Tangible book value | $174.8M | $169.7M | $166.2M | $157.3M | $148.3M | $142.4M | $135.7M | $140.9M | $127.8M | $125.2M | $123.1M | $96.7M |
| Book value per share | $40.87 | $39.74 | $38.96 | $36.98 | $35.55 | $34.20 | $32.69 | $33.77 | $29.77 | $30.61 | $30.27 | $26.27 |
| Shares outstanding | 4.5M | 4.5M | 4.5M | 4.5M | 4.4M | 4.4M | 4.4M | 4.4M | 4.6M | 4.4M | 4.4M | 4.4M |
| Current ratio | 0.34 | 5.46 | 0.13 | 0.14 | 0.17 | 0.28 | 0.29 | 0.41 | 0.40 | 0.42 | 0.30 | 0.34 |
| Quick ratio | 0.34 | 5.46 | 0.13 | 0.14 | 0.17 | 0.28 | 0.29 | 0.41 | 0.40 | 0.42 | 0.30 | 0.34 |
| Debt / equity | 1.17 | 1.20 | 1.23 | 1.29 | 1.42 | 1.48 | 1.55 | 1.76 | 2.22 | 2.27 | 1.17 | 1.17 |
| Equity / assets | 7.9% | 7.8% | 7.8% | 7.2% | 6.9% | 6.7% | 6.6% | 7.0% | 6.7% | 6.7% | 7.2% | 6.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 13, 2026); data from EODHD.
FRAF financial position
At the end of fiscal 2025 (December 31, 2025), Franklin Financial Services had total assets of $2.2 billion (up 1.9% from a year earlier), total liabilities of $2.1 billion and shareholders' equity of $175.2 million. It held $229.8 million in cash and short-term investments against $214.7 million of debt, a net cash position of $15.1 million. Its current ratio was 0.13. In the latest quarter (ended June 30, 2026) total assets were $2.3 billion and equity $183.8 million.
Related: FRAF income statement, FRAF cash flow statement, FRAF key metrics. See the FRAF stock overview for the latest quote and news.
FRAF balance sheet FAQ
What are Franklin Financial Services's total assets?
Franklin Financial Services reported total assets of $2.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.2 billion a year earlier.
How much debt does Franklin Financial Services have?
Franklin Financial Services had $214.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.23.
How much cash does Franklin Financial Services have?
Franklin Financial Services held $229.8 million in cash and short-term investments at the end of fiscal 2025; with $214.7 million of debt that is net cash of $15.1 million.
What is Franklin Financial Services's book value?
Franklin Financial Services's shareholders' equity (book value) was $175.2 million at the end of fiscal 2025, or $38.96 per share.
What is Franklin Financial Services's current ratio?
Franklin Financial Services had current assets of $229.8 million and current liabilities of $1.8 billion, a current ratio of 0.13 (current liabilities exceed current assets).
How much goodwill does Franklin Financial Services have?
Franklin Financial Services carried $9.0 million of goodwill and intangible assets, 0.4% of total assets, at the end of fiscal 2025.