FRANKLIN ELECTRIC CO INC

FRANKLIN ELECTRIC CO INCFELEEarnings & Financial Report

Nasdaq · Information Technology · Motors & Generators

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

Revenue

$531.4M

Gross Profit

$189.7M

Operating Profit

$73.5M

Net Profit

$54.6M

Gross Margin

35.7%

Operating Margin

13.8%

Net Margin

10.3%

YoY Growth

-1.3%

EPS

$1.17

Financial Flow

FRANKLIN ELECTRIC CO INC Q3 2024 Financial Summary

FRANKLIN ELECTRIC CO INC reported revenue of $531.4M (down 1.3% YoY) for Q3 2024, with a net profit of $54.6M (down 5.5% YoY) (10.3% margin). Cost of goods sold was $341.8M, operating expenses totaled $116.1M.

Key Financial Metrics

Total Revenue$531.4M
Net Profit$54.6M
Gross Margin35.7%
Operating Margin13.8%
Report PeriodQ3 2024

FRANKLIN ELECTRIC CO INC Annual Revenue by Year

FRANKLIN ELECTRIC CO INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).

YearAnnual Revenue
2025$2.1B
2024$2.0B
2023$2.1B
2022$2.0B

FRANKLIN ELECTRIC CO INC Quarterly Revenue & Net Profit History

FRANKLIN ELECTRIC CO INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 2025$506.9M+4.3%$39.3M7.7%
Q3 2025$581.7M+9.5%$16.7M2.9%
Q2 2025$587.4M+8.1%$60.1M10.2%
Q1 2025$455.2M-1.2%$31.0M6.8%
Q4 2024$485.7M+2.7%$33.7M6.9%
Q3 2024$531.4M-1.3%$54.6M10.3%
Q2 2024$543.3M-4.6%$59.1M10.9%
Q1 2024$460.9M-4.9%$33.0M7.2%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$460.9M$543.3M$531.4M$485.7M$455.2M$587.4M$581.7M$506.9M
YoY Growth-4.9%-4.6%-1.3%2.7%-1.2%8.1%9.5%4.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$1.77B$1.78B$1.81B$1.82B$1.93B$2.02B$2.00B$1.94B
Liabilities$552.7M$562.2M$537.6M$554.5M$631.6M$756.0M$679.4M$621.8M
Equity$1.22B$1.22B$1.27B$1.27B$1.30B$1.26B$1.32B$1.32B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-1.4M$36.4M$116.1M$110.3M$-19.5M$51.5M$102.7M$104.2M