BEN, risk-factor evolution
Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.
📞 Earnings calls for BEN on Subtext ↗Section length over time
- Carried over
- Newly added
Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).
Year-over-year transitions
| Years | Similarity | Added | Removed | Section length | |
|---|---|---|---|---|---|
| 2015 → 2019 | 0.99 | +8651 | -7217 | 8651 words | Diff → |
| 2019 → 2020 | 1.00 | +9779 | -8651 | 9779 words | Diff → |
| 2020 → 2021 | 1.00 | +9514 | -9779 | 9514 words | Diff → |
| 2021 → 2022 | 1.00 | +5270 | -6044 | 8740 words | Diff → |
| 2022 → 2023 | 1.00 | +5071 | -5275 | 8536 words | Diff → |
| 2023 → 2024 | 1.00 | +5249 | -5117 | 8668 words | Diff → |
| 2024 → 2025 | 1.00 | +4894 | -4788 | 8774 words | Diff → |