Franklin Electric Co., Inc. (FELE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.43	$1.55	+8.4%	—	—	—
Q3 26	$0.77	$0.83	+7.8%	—	—	—
Q2 26	$1.29	$1.3	+0.8%	—	—	—
Q1 26	$1.29	$1.31	+1.6%	—	—	—
Q4 25	$0.73	$0.67	-8.2%	—	—	—
Q3 25	$0.66	$0.78	+18.2%	—	—	—
Q2 25	$1.27	$1.17	-7.9%	—	—	—
Q1 25	$1.31	$1.26	-3.8%	—	—	—
Q4 24	$0.74	$0.7	-5.4%	—	—	—
Q3 24	$0.84	$0.83	-1.2%	—	—	—
Q2 24	$1.29	$1.24	-3.9%	—	—	—
Q1 24	$1.33	$1.27	-4.5%	—	—	—
Q4 23	$0.66	$0.79	+19.7%	—	—	—
Q3 23	$0.94	$0.84	-10.6%	—	—	—
Q2 23	$1.25	$1.26	+0.8%	—	—	—
Q1 23	$1.06	$1.26	+18.9%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.25	—	—	$2.1B	—
FY24	—	$3.92	—	—	$2B	—
FY23	—	$4.17	—	—	$2.1B	—
FY22	—	$4.02	—	—	$2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$949.9M	$1.1B	$1.3B	$1.3B	$1.2B	$1.7B	$2B	$2.1B	$2B	$2.1B
YoY change	+2.7%	+18.4%	+15.4%	+1.27%	-5.12%	+33.2%	+23%	+1.05%	-2.12%	+5.44%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	949.9M	1.1B	1.3B	1.3B	1.2B	1.7B	2B	2.1B	2B	2.1B
Cost of revenue	618.5M	747.9M	865.8M	886.5M	814.2M	1.1B	1.4B	1.4B	1.3B	1.4B
Gross profit	331.4M	377M	432.4M	428.1M	433.1M	576.1M	691.4M	697M	717.3M	755.9M
Gross margin	34.9%	33.5%	33.3%	32.6%	34.7%	34.7%	33.8%	33.8%	35.5%	35.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	219.9M	265.4M	298.7M	298.5M	300.1M	386.3M	432.1M	433.5M	470.1M	486.2M
Operating expenses	219.9M	265.4M	298.7M	298.5M	300.1M	386.3M	432.1M	433.5M	470.1M	486.2M
Operating income	111.5M	111.5M	133.7M	129.7M	133M	189.8M	259.4M	263.5M	247.1M	269.7M
Operating margin	11.7%	9.92%	10.3%	9.86%	10.7%	11.4%	12.7%	12.8%	12.2%	12.7%
Non-operating income, net	1.4M	3.4M	-3.4M	-4.6M	-4.7M	5.1M	-12.6M	-9.5M	-9M	-64.4M
Pretax income	104.1M	104.6M	120.4M	116.8M	123.7M	189.7M	235.2M	242.2M	231.8M	194.7M
Income tax	24.8M	26M	14.9M	20.8M	22.5M	34.7M	46.4M	47.5M	50.2M	46M
Net income	79.3M	78.6M	105.5M	96M	101.2M	155M	188.8M	194.7M	181.6M	148.7M
Net margin	8.35%	6.99%	8.13%	7.3%	8.11%	9.33%	9.24%	9.43%	8.98%	6.98%
EBITDA	146.7M	156.7M	171.2M	166.2M	168.7M	242.4M	306.5M	319.5M	304.6M	278.2M
EPS	1.67	1.67	2.25	2.04	2.16	3.29	4.02	4.17	3.92	3.25
Diluted EPS	1.65	1.65	2.23	2.03	2.14	3.25	3.97	4.11	3.86	3.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	538.4M	473M	460.9M	543.3M	531.4M	485.7M	455.2M	587.4M	581.7M	506.9M	500.4M	622.9M
Cost of revenue	352.2M	313M	297.3M	343.5M	341.8M	321.5M	291.3M	375.6M	373M	335.4M	325.5M	392.3M
Gross profit	186.3M	160M	163.6M	199.8M	189.7M	164.2M	163.9M	211.8M	208.7M	171.5M	175M	230.6M
Gross margin	34.6%	33.8%	35.5%	36.8%	35.7%	33.8%	36%	36.1%	35.9%	33.8%	35%	37%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	107.7M	108.8M	115.6M	120.6M	116M	117.8M	119.6M	123.5M	123.5M	119.6M	123M	132.1M
Operating expenses	107.7M	108.8M	115.6M	120.6M	116M	117.8M	119.6M	123.5M	123.5M	119.6M	123M	132.1M
Operating income	78.6M	51.2M	47.9M	79.1M	73.7M	46.4M	44.3M	88.3M	85.2M	51.9M	52M	98.5M
Operating margin	14.6%	10.8%	10.4%	14.6%	13.9%	9.55%	9.72%	15%	14.7%	10.2%	10.4%	15.8%
Non-operating income, net	-2.7M	-2.6M	-4.2M	-252K	-232K	-4.3M	-609K	-4.9M	-58.2M	-717K	-3.9M	-6.1M
Pretax income	72.9M	47.2M	42.3M	76.9M	71.9M	40.7M	41.9M	80.6M	23.5M	48.6M	45.8M	88.9M
Income tax	14.7M	8.3M	9.2M	17.6M	17M	6.4M	10.5M	20.1M	6.3M	9.1M	11.1M	22.8M
Net income	58.2M	38.8M	33.1M	59.3M	54.9M	34.3M	31.4M	60.6M	17.2M	39.6M	34.7M	66.1M
Net margin	10.8%	8.21%	7.18%	10.9%	10.3%	7.06%	6.89%	10.3%	2.96%	7.8%	6.93%	10.6%
EBITDA	92.2M	65.7M	62.4M	93.2M	87.6M	61.3M	59.5M	103.9M	45.9M	68.9M	68.1M	117.2M
EPS	1.25	0.83	0.71	1.28	1.19	0.73	0.67	1.32	0.37	0.88	0.77	1.48
Diluted EPS	1.23	0.82	0.7	1.26	1.17	0.72	0.67	1.31	0.37	0.87	0.77	1.46

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.8B	2.1B	2B	2.7B	3.2B	4.4B	3.7B	4.5B	4.5B	4.3B	4.3B
Enterprise value	1.9B	2.3B	2.2B	2.8B	3.2B	4.6B	3.9B	4.5B	4.5B	4.5B	4.5B
Shares outstanding	47.2M	46.8M	47.1M	46.8M	46.5M	46.8M	46.6M	46.2M	46M	45.3M	45.3M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	23.1	27.3	19.1	27.9	31.8	28.5	19.7	22.9	24.7	29.1	27.9
P/S	1.93	1.91	1.55	2.04	2.58	2.66	1.82	2.16	2.22	2.03	1.94
P/B	2.98	3.06	2.74	3.36	3.79	4.66	3.47	3.69	3.53	3.26	3.05
EV/EBITDA	13.1	14.7	12.6	16.6	19.1	19.1	12.8	14.2	14.6	16	12.8
EV/Sales	2.02	2.05	1.67	2.1	2.58	2.78	1.93	2.2	2.2	2.09	2.04
Earnings yield	4.32%	3.66%	5.23%	3.58%	3.14%	3.5%	5.08%	4.36%	4.05%	3.44%	3.58%
FCF yield	4.16%	1.55%	5.25%	5.81%	5.87%	2.25%	1.61%	6.14%	4.9%	4.48%	3.46%
PEG	—	—	—	—	—	—	—	—	—	—	2.3

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	34.9%	33.5%	33.3%	32.6%	34.7%	34.7%	33.8%	33.8%	35.5%	35.5%	37%
Operating margin	11.7%	9.92%	10.3%	9.86%	10.7%	11.4%	12.7%	12.8%	12.2%	12.7%	15.4%
Net margin	8.35%	6.99%	8.13%	7.3%	8.11%	9.33%	9.24%	9.43%	8.98%	6.98%	7.06%
ROE	12.9%	11.2%	14.3%	12%	11.9%	16.3%	17.6%	16.1%	14.3%	11.2%	11.8%
ROA	7.63%	6.63%	8.92%	8.04%	7.95%	9.84%	11.1%	11.3%	9.98%	7.65%	8.6%
ROIC	12.1%	9.73%	13.3%	12.1%	12.9%	13.5%	16.1%	16.5%	15.6%	14.1%	13.5%
Return on tangible assets	21.4%	17.5%	25.4%	22.8%	21.5%	37.2%	32.8%	33.4%	25.3%	23.1%	21.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.07	2.4	2.27	3.05	3.04	1.83	2.11	2.97	2.22	2.79	2.41
Quick ratio	1.78	1.13	1.04	1.44	1.56	0.69	0.77	1.2	1.11	1.18	1.1
Debt / equity	0.31	0.32	0.28	0.18	0.15	0.25	0.25	0.13	0.15	0.18	0.22
Debt / assets	0.18	0.19	0.17	0.12	0.1	0.15	0.16	0.09	0.11	0.12	0.14
Net debt / EBITDA	0.59	1.01	0.86	0.47	-0.03	0.81	0.71	0.22	-0.09	0.48	0.7
Interest coverage	12.9	11.1	13.2	15.2	27.7	37.5	21.4	21.5	37.7	19.3	18.4
Effective tax rate	23.8%	24.9%	12.4%	17.8%	18.2%	18.3%	19.7%	19.6%	21.7%	23.6%	23.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	20.1	24	27.6	28.1	26.8	35.5	43.9	44.7	43.9	47.1	49.9
EPS (basic)	1.67	1.67	2.25	2.04	2.16	3.29	4.02	4.17	3.92	3.25	3.25
EPS (diluted)	1.65	1.65	2.23	2.03	2.14	3.25	3.97	4.11	3.86	3.22	3.48
Book value per share	13	15	15.6	17.1	18.3	20.3	23	26.2	27.6	29.3	31.8
FCF per share	1.62	0.71	2.25	3.33	4.06	2.13	1.28	5.94	4.78	4.28	4.85
Cash per share	2.21	1.44	1.26	1.38	2.81	0.87	0.98	1.84	4.79	2.2	2.2
Capex per share	0.7	0.71	0.46	0.45	0.49	0.62	0.9	0.86	0.88	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.49%	2.96%	1.67%	1.6%	1.83%	1.75%	2.05%	1.93%	2%	—	—
Capex / operating cash flow	28.6%	46.6%	17%	12.8%	11.6%	22.8%	45%	13.1%	15.6%	—	—
Payout ratio	24.1%	25.8%	21.4%	28.8%	29.3%	21.6%	19.6%	21.4%	25.8%	33.6%	31.3%
Dividend yield	1.04%	0.94%	1.12%	1.03%	0.92%	0.76%	1%	0.93%	1.05%	1.16%	1.15%

Yield

1.15%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.28

ex-dividend Aug 6, 2026

Payout ratio

31%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 6, 2026	$0.28
May 7, 2026	$0.28
Feb 5, 2026	$0.28

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$538.4M	$473M	$460.9M	$543.3M	$531.4M	$485.7M	$455.2M	$587.4M	$581.7M	$506.9M	$500.4M	$622.9M
YoY change	-2.4%	-3.36%	-4.88%	-4.55%	-1.3%	+2.7%	-1.23%	+8.13%	+9.46%	+4.35%	+9.93%	+6.03%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	104.3M	67.2M	59.2M	64.4M	130.8M	40.5M	45.8M	85M	220.5M	99.7M
Receivables	146M	171M	172.9M	173.3M	159.8M	196.2M	230.4M	222.4M	226.8M	247.5M
Inventory	203.5M	312.3M	314M	300.2M	300.9M	450M	545M	508.7M	483.9M	553M
Total current assets	483.8M	589.1M	579.9M	567.4M	619.3M	724.6M	858.1M	853.8M	964.2M	958.6M
Property, plant & equipment	196.1M	215.7M	207.1M	228.9M	241M	259M	264.1M	286.8M	286.2M	320M
Goodwill & intangibles	668.6M	736.6M	767.7M	774.3M	801.1M	1.2B	1.1B	1.1B	1.1B	1.3B
Total assets	1B	1.2B	1.2B	1.2B	1.3B	1.6B	1.7B	1.7B	1.8B	1.9B
Accounts payable	63.9M	79.3M	76.7M	82.6M	95.9M	164.8M	139.3M	152.4M	157M	175M
Short-term debt	33.7M	100.5M	112M	31.7M	13.6M	113.3M	142.7M	29.7M	136.7M	52.3M
Total current liabilities	157.8M	245.9M	255.9M	185.8M	203.7M	396M	405.8M	287M	433.7M	344M
Long-term debt	156.5M	125.6M	94.4M	110.9M	112.8M	123.5M	122.1M	126.6M	54.9M	181.7M
Total liabilities	424.8M	482.7M	446.5M	396.1M	422.4M	626.5M	623.4M	517.8M	550.8M	617.4M
Shareholders' equity	615.1M	702.6M	735.8M	798.7M	849.9M	948.6M	1.1B	1.2B	1.3B	1.3B
Total debt	190.3M	226M	206.4M	142.6M	126.5M	236.8M	264.8M	156.3M	191.6M	234M
Net debt	85.9M	158.8M	147.2M	78.2M	-4.3M	196.2M	219.1M	71.3M	-28.9M	134.3M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	62.5M	85M	65.3M	58.1M	106.3M	220.5M	84M	104.6M	102.9M	99.7M	80.4M	97.3M
Receivables	252.3M	222.4M	262.6M	299.2M	272M	226.8M	271.7M	315.3M	291.2M	247.5M	297.9M	352.5M
Inventory	543.5M	508.7M	532.2M	525.4M	524.6M	483.9M	560.3M	573.6M	569.2M	553M	583.2M	597.7M
Total current assets	899.5M	853.8M	901.4M	918.7M	942.5M	964.2M	956.6M	1B	1B	958.6M	1B	1.1B
Property, plant & equipment	264.7M	286.8M	288.1M	287.5M	288.8M	286.2M	297M	303.2M	312.2M	320M	319.4M	322.6M
Goodwill & intangibles	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B
Total assets	1.7B	1.7B	1.8B	1.8B	1.8B	1.8B	1.9B	2B	2B	1.9B	2B	2.2B
Accounts payable	170.9M	152.4M	185.5M	175.6M	173.9M	157M	190.3M	206.9M	185.8M	175M	174.1M	206.2M
Short-term debt	53.7M	29.7M	42.4M	60.6M	94.4M	136.7M	168.4M	289.6M	88.9M	52.3M	110.1M	128.1M
Total current liabilities	327.9M	287M	316.2M	346.1M	393.2M	433.7M	484M	604.1M	400.8M	344M	379.7M	455.8M
Long-term debt	115.9M	126.6M	129M	130.9M	55.1M	54.9M	56.2M	56.7M	181.9M	181.7M	180.4M	180.2M
Total liabilities	541.7M	517.8M	549M	558.3M	533.4M	550.8M	627.6M	751.3M	674.3M	617.4M	652M	739.3M
Shareholders' equity	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B
Total debt	169.6M	156.3M	171.5M	191.5M	149.4M	191.6M	224.7M	346.3M	270.7M	234M	290.5M	308.3M
Net debt	107.1M	71.3M	106.2M	133.4M	43.2M	-28.9M	140.7M	241.7M	167.8M	134.3M	210.1M	211M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	79.3M	78.6M	105.5M	96M	101.2M	155M	188.8M	194.7M	181.6M	148.7M
Depreciation & amortization	35.5M	38.5M	38.6M	37M	36.5M	44.6M	50.4M	52.3M	56.1M	62.9M
Stock-based compensation	6.9M	7.1M	8.4M	9M	10.1M	11.7M	11M	10.1M	12.1M	13.2M
Change in working capital	-9M	-56.7M	-20M	12.4M	42.4M	-91M	-173.2M	29.5M	7.4M	-44.5M
Operating cash flow	115.7M	71.4M	127.4M	163.4M	197.5M	127.8M	93.2M	303.8M	258.9M	238.9M
Capital expenditure	-33.1M	-33.3M	-21.7M	-21M	-22.8M	-29.1M	-41.9M	-39.9M	-40.5M	—
Investing cash flow	-33.8M	-84.7M	-66.3M	-41.8M	-78.8M	-264.8M	-43.1M	-74.3M	-45.6M	-114.6M
Dividends paid	-19.1M	-20.3M	-22.6M	-27.7M	-29.7M	-33.4M	-37M	-41.7M	-46.9M	-50M
Share repurchases	-7.4M	-3.6M	-34.2M	-10.7M	-19.6M	-25.9M	-40.5M	-43.3M	-61M	-165.6M
Financing cash flow	-51.7M	-22.6M	-66.8M	-126.6M	-66.6M	50.9M	-48.5M	-192.2M	-74.1M	-197.3M
Net change in cash	30.2M	-35.9M	-5.7M	-5M	52.1M	-86.1M	1.6M	37.4M	139.2M	-73.1M
Free cash flow	76.2M	33.3M	106M	155.8M	189M	99.6M	59.8M	274.3M	219.7M	193.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	58.2M	38.8M	33.1M	59.3M	54.9M	34.3M	31.4M	60.6M	17.2M	39.6M	34.7M	66.1M
Depreciation & amortization	13.3M	12.7M	13.8M	13.9M	14.1M	14.2M	14.4M	15.8M	16.1M	16.6M	16.5M	17.4M
Stock-based compensation	2M	1.7M	4M	3M	3.1M	1.9M	5M	3M	2.4M	2.9M	3.6M	4M
Change in working capital	74.9M	58.3M	-61.5M	-45M	33.9M	77.9M	-76.6M	-36.7M	30.7M	62.3M	-100.3M	7M
Operating cash flow	153M	113.8M	-6.2M	36M	112.5M	114.6M	-20.4M	47M	102.7M	104.2M	-40.9M	99.6M
Capital expenditure	-9.9M	-9.8M	-9.1M	-9.9M	-9.2M	-12.3M	-6.4M	-11.2M	—	—	—	—
Investing cash flow	-9.9M	-37.5M	-10.2M	-9.9M	-9.2M	-16.3M	-116.1M	-11.2M	-242K	-4.8M	-410K	-71.5M
Dividends paid	-10.4M	-10.4M	-12.4M	-11.6M	-11.5M	-11.4M	-13.2M	-12.2M	-11.9M	-12.8M	-12.4M	-12.4M
Share repurchases	-4.3M	-13.4M	-9M	-38.8M	-9.1M	-4.1M	-6.9M	-122.4M	-94K	-36.2M	-13.2M	-5.1M
Financing cash flow	-134.9M	-51.9M	-6.3M	-32.4M	-61.2M	25.9M	-2.6M	-19.6M	-90M	-85.1M	32.6M	3.5M
Net change in cash	8.2M	24.4M	-22.8M	-6.4M	42.1M	124.2M	-139.1M	16.2M	12.4M	14.3M	-8.7M	31.6M
Free cash flow	145.7M	105.8M	-10.5M	26.1M	106.6M	97.5M	-26.3M	39.9M	91.3M	88.7M	-50.4M	88.7M

Date	Ratio
Mar 19, 2013	2:1
Jun 16, 2004	2:1
Mar 25, 2002	2:1

Franklin Electric Co., Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history