What is Franklin Multisector Income ETF's earnings per share (EPS)?

Franklin Multisector Income ETF (MULT) reported diluted earnings per share of $-0.06 for fiscal year 2024. This represents a -20.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Franklin Multisector Income ETF Financials

MULT

Source SEC Filings (10-K/10-Q) Updated Jul 31, 2024 Currency USD FYE January

This page shows Franklin Multisector Income ETF (MULT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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

Interest Coverage At Risk

-0.7x

Franklin Multisector Income ETF earns $-0.7 in operating income for every $1 of interest expense (-$49K vs $69K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

Franklin Multisector Income ETF generated $0 in revenue in fiscal year 2024.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.06

YoY-20.0%

Franklin Multisector Income ETF earned $-0.06 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 20.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$12K

YoY-26.1%

5Y CAGR+8.2%

10Y CAGR-4.7%

Franklin Multisector Income ETF held $12K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

5Y CAGR+0.0%

10Y CAGR+0.0%

Franklin Multisector Income ETF had 2M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

MULT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$0	$0	$0	$0	$0	$0
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$49K+25.3%	$39K+0.9%	$39K-4.7%	$41K+7.6%	$38K-8.0%	$41K
Operating Income	-$49K-25.3%	-$39K-0.9%	-$39K+4.7%	-$41K-7.6%	-$38K+8.0%	-$41K
Interest Expense	$69K+7.3%	$65K+13.7%	$57K+10.6%	$51K+3.2%	$50K	N/A
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	N/A	N/A	N/A	N/A	-$88K	N/A
EPS (Diluted)	$-0.06-20.0%	$-0.050.0%	$-0.050.0%	$-0.05	N/A	N/A

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$0	$0	N/A	$0	$0	$0	N/A	$0
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	$15K+64.2%	$9K	N/A	$11K-20.2%	$13K+60.9%	$8K	N/A	$6K
Operating Income	-$15K-64.2%	-$9K	N/A	-$11K+20.2%	-$13K-60.9%	-$8K	N/A	-$6K
Interest Expense	$19K+5.8%	$18K	N/A	$18K+1.3%	$17K+6.1%	$16K	N/A	$16K
Income Tax	$0	$0	N/A	$0	$0	$0	N/A	$0
Net Income	-$33K-25.3%	-$27K	N/A	-$28K+8.0%	-$31K-24.4%	-$25K	N/A	-$23K
EPS (Diluted)	$-0.02-100.0%	$-0.01	N/A	$-0.01+50.0%	$-0.02-100.0%	$-0.01	N/A	$-0.01

MULT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$18K+10.6%	$17K+38.0%	$12K-4.9%	$13K-50.6%	$26K+210.4%	$8K
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$12K-26.1%	$17K+38.0%	$12K-4.9%	$13K-50.6%	$26K+210.4%	$8K
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.2M+11.4%	$1.1M+11.4%	$966K+11.1%	$870K+10.1%	$790K+15.7%	$683K
Current Liabilities	$18K+120.0%	$8K-3.0%	$9K-84.4%	$55K-3.8%	$57K+38.5%	$41K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.2M-11.4%	-$1.1M-11.1%	-$954K-11.3%	-$857K-12.1%	-$764K-13.3%	-$675K
Retained Earnings	-$9.6M-1.3%	-$9.5M-1.1%	-$9.4M-1.0%	-$9.3M-1.0%	-$9.2M-1.0%	-$9.1M

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$7K-63.2%	$18K+398.5%	$4K-43.7%	$7K-55.5%	$15K-11.6%	$17K+26.7%	$13K+130.1%	$6K
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2K-81.0%	$12K+418.4%	$2K-39.4%	$4K-63.6%	$11K-35.3%	$17K+26.7%	$13K+130.1%	$6K
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	$1.2M+1.8%	$1.2M+3.6%	$1.2M+2.8%	$1.1M+1.8%	$1.1M+2.7%	$1.1M+2.7%	$1.0M+3.9%	$1.0M
Current Liabilities	$6K-65.6%	$18K-4.2%	$19K+89.8%	$10K+31.3%	$8K-7.9%	$8K-46.5%	$16K+144.1%	$6K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.2M-2.8%	-$1.2M-2.3%	-$1.2M-3.1%	-$1.1M-2.6%	-$1.1M-2.9%	-$1.1M-2.4%	-$1.0M-3.2%	-$1.0M
Retained Earnings	-$9.6M-0.3%	-$9.6M-0.3%	-$9.6M-0.4%	-$9.5M-0.3%	-$9.5M-0.3%	-$9.5M-0.3%	-$9.5M-0.3%	-$9.4M

MULT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$47K-16.4%	-$40K	N/A	-$31K+7.3%	-$34K-2.9%	-$33K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$36K-21.7%	$46K	N/A	$10K-75.0%	$40K	N/A
Dividends Paid	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

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$25K-71.9%	-$15K-122.0%	-$7K+4.7%	-$7K+61.6%	-$18K-15.6%	-$15K-136.4%	-$7K-2.4%	-$6K
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	$15K-38.8%	$25K+390.1%	$5K	$0-100.0%	$12K-36.8%	$19K+35.7%	$14K	$0
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

MULT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	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
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	-340.1%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.020.0	-1.020.0	-1.010.0	-1.01+0.0	-1.03-0.0	-1.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-491.9%-347.3pp	-144.6%	N/A	-430.3%-222.1pp	-208.2%-60.2pp	-148.0%	N/A	-397.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.01+0.0	-1.02-0.0	-1.000.0	-1.010.0	-1.010.0	-1.020.0	-1.010.0	-1.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Frequently Asked Questions

What is Franklin Multisector Income ETF's annual revenue?

Franklin Multisector Income ETF (MULT) reported $0 in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

What is Franklin Multisector Income ETF's operating cash flow?

Franklin Multisector Income ETF (MULT) generated -$47K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Franklin Multisector Income ETF's total assets?

Franklin Multisector Income ETF (MULT) had $18K in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Franklin Multisector Income ETF have outstanding?

Franklin Multisector Income ETF (MULT) had 2M shares outstanding as of fiscal year 2024.

What is Franklin Multisector Income ETF's debt-to-equity ratio?

Franklin Multisector Income ETF (MULT) had a debt-to-equity ratio of -1.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Franklin Multisector Income ETF's cash runway?

Based on fiscal year 2024 data, Franklin Multisector Income ETF (MULT) had $12K in cash against an annual operating cash burn of $47K. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Franklin Multisector Income ETF's debt-to-equity ratio negative or unusual?

Franklin Multisector Income ETF (MULT) has negative shareholder equity of -$1.2M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Can Franklin Multisector Income ETF cover its interest payments?

Franklin Multisector Income ETF (MULT) has an interest coverage ratio of -0.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.