Franklin Responsibly Sourced Gold ETF Financials
This page shows Franklin Responsibly Sourced Gold ETF (FGDL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Franklin Responsibly Sourced Gold ETF passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Franklin Responsibly Sourced Gold ETF generates $0.00 in operating cash flow ($0 OCF vs $34.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Franklin Responsibly Sourced Gold ETF reported $34.6M in net income in fiscal year 2025. This represents an increase of 464.7% from the prior year.
Cash & Balance Sheet
Franklin Responsibly Sourced Gold ETF held $0 in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Franklin Responsibly Sourced Gold ETF's ROE was 25.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 12.1 percentage points from the prior year.
Capital Allocation
FGDL Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $48.2M0.0% | $48.2M+16.1% | $41.5M+314.6% | $10.0M | N/A | -$1.9M-121.2% | $9.0M+180.3% | $3.2M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FGDL Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $464.9M0.0% | $464.9M+23.2% | $377.3M+65.5% | $227.9M+21.9% | $187.0M+73.1% | $108.0M+25.6% | $86.0M+25.6% | $68.5M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $189.6M+26.3% | $150.1M+47.3% | $101.9M+68.7% | $60.4M+19.9% | $50.4M+93.0% | $26.1M-6.8% | $28.0M+47.3% | $19.0M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $275.3M-12.5% | $314.8M+14.3% | $275.3M+64.4% | $167.5M+22.7% | $136.5M+66.8% | $81.9M+41.2% | $58.0M+17.3% | $49.4M |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FGDL Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FGDL Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 17.5%+2.2pp | 15.3%+0.2pp | 15.1%+9.1pp | 6.0% | N/A | -2.3%-17.8pp | 15.5%+9.0pp | 6.5% |
| Return on Assets | 10.4%0.0pp | 10.4%-0.6pp | 11.0%+6.6pp | 4.4% | N/A | -1.8%-12.2pp | 10.5%+5.8pp | 4.7% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.69+0.2 | 0.48+0.1 | 0.370.0 | 0.360.0 | 0.37+0.1 | 0.32-0.2 | 0.48+0.1 | 0.38 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
Is Franklin Responsibly Sourced Gold ETF profitable?
Yes, Franklin Responsibly Sourced Gold ETF (FGDL) reported a net income of $34.6M in fiscal year 2025.
What is Franklin Responsibly Sourced Gold ETF's return on equity (ROE)?
Franklin Responsibly Sourced Gold ETF (FGDL) has a return on equity of 25.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Franklin Responsibly Sourced Gold ETF's operating cash flow?
Franklin Responsibly Sourced Gold ETF (FGDL) generated $0 in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Franklin Responsibly Sourced Gold ETF's total assets?
Franklin Responsibly Sourced Gold ETF (FGDL) had $187.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Franklin Responsibly Sourced Gold ETF's debt-to-equity ratio?
Franklin Responsibly Sourced Gold ETF (FGDL) had a debt-to-equity ratio of 0.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Franklin Responsibly Sourced Gold ETF's return on assets (ROA)?
Franklin Responsibly Sourced Gold ETF (FGDL) had a return on assets of 18.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Franklin Responsibly Sourced Gold ETF's Piotroski F-Score?
Franklin Responsibly Sourced Gold ETF (FGDL) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Franklin Responsibly Sourced Gold ETF's earnings high quality?
Franklin Responsibly Sourced Gold ETF (FGDL) has an earnings quality ratio of 0.00x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.