FRANKLIN ELECTRIC CO INC FELE

Industrials SIC 3621 - Motors & Generators NAICS Manufacturing › Electrical Equipment, Appliance, and Component Manufacturing › Electrical Equipment Manufacturing › Motor and Generator Manufacturing derived Nasdaq

Franklin Electric Co., Inc. ("Franklin Electric" or the "Company") is an Indiana corporation founded in 1944 and incorporated in 1946. Named after America's pioneer electrical engineer, Benjamin Franklin, Franklin Electric manufactured the first water-lubricated submersible motor for water systems and the first submersible motor for fueling systems. With 2025 revenue of approximately $2.1 billion, the Company designs, manufactures and distributes water and fuel pumping systems, composed primarily of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment.

The Company's water pumping systems move fresh and wastewater for the residential, agricultural and other industrial end markets. The Company also sells various groundwater equipment products to well installation contractors, including water pumping systems, through its and third-party distribution branches located in the U.S. With a growing global footprint, the Company has also evolved into a top supplier of submersible fueling systems at gas stations, making pumps, pipes, electronic controls and monitoring devices.

Last close 98.36 2026-10-23
Market cap $4.35B 2026-03-31 share count
52-week range 89.53 - 115.81

Valuation FY2025 figures against the last close

P/S2.0x
P/E30.5x
P/FCF22.5x
EV/EBITDA12.9x
Dividend yield1.2%
Diluted EPS3.22

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.13B$2.02B$2.07B$2.04B$1.66B$1.25B$1.31B$1.30B$1.12B$949.9M
Cost of revenue $1.38B$1.30B$1.37B$1.35B$1.09B$814.2M$886.5M$865.8M$747.9M$618.5M
Gross profit $755.9M$717.3M$697.0M$691.4M$576.1M$433.1M$428.1M$432.4M$377.0M$331.4M
R&D $20.0M$21.5M$17.7M$16.7M$17.3M$21.7M$20.8M$22.1M$20.8M$21.5M
SG&A $486.2M$470.1M$433.5M$432.1M$386.3M$300.1M$298.5M$298.7M$265.4M$219.9M
Operating income $269.0M$243.6M$262.4M$257.2M$189.2M$130.5M$127.1M$132.0M$107.2M$112.1M
Interest expense $10.6M$6.3M$11.8M$11.5M$5.2M$4.6M$8.2M$9.8M$10.3M$8.7M
Pre-tax income $194.7M$231.8M$242.2M$235.2M$189.7M$123.7M$116.8M$120.4M$104.6M$104.1M
Income tax $46.0M$50.2M$47.5M$46.4M$34.7M$22.5M$20.8M$14.9M$26.0M$24.8M
Net income $147.1M$180.3M$193.3M$187.3M$153.9M$100.5M$95.5M$105.9M$78.2M$78.7M
EPS, basic 3.253.924.174.023.292.162.042.251.671.67
EPS, diluted 3.223.864.113.973.252.142.032.231.651.65
Shares, diluted (wtd. avg.) 45.5M46.5M46.9M47.0M47.0M46.7M46.8M47.0M47.0M46.7M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $99.7M$220.5M$85.0M$45.8M$40.5M$130.8M$64.4M$59.2M$67.2M$104.3M
Receivables $247.5M$226.8M$222.4M$230.4M$196.2M$159.8M$173.3M$172.9M$171.0M$146.0M
Inventory $553.0M$483.9M$508.7M$545.0M$450.0M$300.9M$300.2M$314.0M$312.3M$203.5M
Total current assets $958.6M$964.2M$853.8M$858.1M$724.6M$619.3M$567.4M$579.9M$589.1M$483.8M
Property, plant and equipment $252.2M$223.6M$229.7M$215.2M$210.7M$209.0M$201.3M$207.1M$215.7M$196.1M
Goodwill $398.1M$338.5M$342.4M$328.0M$329.6M$266.7M$256.1M$248.7M$236.8M$199.6M
Other intangibles $251.7M$213.0M$230.0M$231.3M$249.7M$133.8M$131.1M$135.1M$131.5M$134.7M
Total assets $1.94B$1.82B$1.73B$1.69B$1.58B$1.27B$1.19B$1.18B$1.19B$1.04B
Accounts payable $175.0M$157.0M$152.4M$139.3M$164.8M$95.9M$82.6M$76.7M$79.3M$63.9M
Short-term debt $31.8M$117.8M$12.4M$126.8M$98.0M$2.6M$21.9M$112.0M$100.5M$33.7M
Total current liabilities $344.0M$433.7M$287.0M$405.8M$396.0M$203.7M$185.8M$255.9M$245.9M$157.8M
Retained earnings $1.08B$1.15B$1.08B$969.3M$859.8M$764.6M$712.5M$654.7M$604.9M$550.1M
Total equity $1.32B$1.27B$1.21B$1.07B$946.5M$847.8M$796.5M$733.9M$700.7M$613.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $238.9M$261.4M$315.7M$101.7M$129.8M$211.9M$177.7M$128.4M$66.8M$115.4M
Depreciation and amortisation $62.9M$56.1M$52.3M$50.4M$44.6M$36.5M$37.0M$38.6M$38.5M$35.5M
Stock-based compensation $13.2M$12.1M$10.1M$11.0M$11.7M$10.1M$9.0M$8.4M$7.1M$6.9M
Capital expenditure $45.3M$41.7M$41.4M$41.9M$30.1M$22.9M$21.9M$22.4M$33.5M$39.1M
Investing cash flow -$157.1M-$45.6M-$74.3M-$43.1M-$264.8M-$78.8M-$41.8M-$66.3M-$84.7M-$33.8M
Financing cash flow -$197.3M-$74.1M-$192.2M-$48.5M$50.9M-$66.6M-$126.6M-$66.8M-$22.6M-$51.7M
Dividends paid $50.0M$46.9M$41.7M$37.0M$33.4M$29.7M$27.7M$22.6M$20.3M$19.1M
Buybacks $165.6M$61.0M$43.3M$40.5M$25.9M$19.6M$10.7M$34.2M$3.6M$7.4M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000038725-26-000009.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B Revenue, FY2016: 949.9M Gross profit, FY2016: 331.4M Net income, FY2016: 78.7M Revenue, FY2017: 1.1B Gross profit, FY2017: 377M Net income, FY2017: 78.2M Revenue, FY2018: 1.3B Gross profit, FY2018: 432.4M Net income, FY2018: 105.9M Revenue, FY2019: 1.3B Gross profit, FY2019: 428.1M Net income, FY2019: 95.5M Revenue, FY2020: 1.2B Gross profit, FY2020: 433.1M Net income, FY2020: 100.5M Revenue, FY2021: 1.7B Gross profit, FY2021: 576.1M Net income, FY2021: 153.9M Revenue, FY2022: 2B Gross profit, FY2022: 691.4M Net income, FY2022: 187.3M Revenue, FY2023: 2.1B Gross profit, FY2023: 697M Net income, FY2023: 193.3M Revenue, FY2024: 2B Gross profit, FY2024: 717.3M Net income, FY2024: 180.3M Revenue, FY2025: 2.1B Gross profit, FY2025: 755.9M Net income, FY2025: 147.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $949.9M $1.12B $1.30B $1.31B $1.25B $1.66B $2.04B $2.07B $2.02B $2.13B
Gross profit $331.4M $377.0M $432.4M $428.1M $433.1M $576.1M $691.4M $697.0M $717.3M $755.9M
Net income $78.7M $78.2M $105.9M $95.5M $100.5M $153.9M $187.3M $193.3M $180.3M $147.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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