FRANKLIN ELECTRIC CO INCFELEEarnings & Financial Report
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
$485.7M
Gross Profit
$164.2M
Operating Profit
$43.0M
Net Profit
$33.7M
Gross Margin
33.8%
Operating Margin
8.9%
Net Margin
6.9%
YoY Growth
2.7%
EPS
$0.73
Financial Flow
FRANKLIN ELECTRIC CO INC Q4 2024 Financial Summary
FRANKLIN ELECTRIC CO INC reported revenue of $485.7M (up 2.7% YoY) for Q4 2024, with a net profit of $33.7M (down 12.7% YoY) (6.9% margin). Cost of goods sold was $321.5M, operating expenses totaled $121.2M.
Key Financial Metrics
| Total Revenue | $485.7M |
|---|---|
| Net Profit | $33.7M |
| Gross Margin | 33.8% |
| Operating Margin | 8.9% |
| Report Period | Q4 2024 |
Revenue Breakdown
FRANKLIN ELECTRIC CO INC Q4 2024 revenue of $485.7M breaks down across 3 segments, led by Other at $189.8M (39.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $189.8M | 39.1% |
| Distribution | $157.2M | 32.4% |
| Water Systems | $138.7M | 28.6% |
FRANKLIN ELECTRIC CO INC Revenue by Segment — Quarterly Trend
FRANKLIN ELECTRIC CO INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Distribution) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Distribution | — | $197.3M | $200.0M | $141.9M |
| Water Systems | — | $304.4M | $309.9M | $246.5M |
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).
| Year | Annual 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $506.9M | +4.3% | $39.3M | 7.7% |
| Q3 2025 | $581.7M | +9.5% | $16.7M | 2.9% |
| Q2 2025 | $587.4M | +8.1% | $60.1M | 10.2% |
| Q1 2025 | $455.2M | -1.2% | $31.0M | 6.8% |
| Q4 2024 | $485.7M | +2.7% | $33.7M | 6.9% |
| Q3 2024 | $531.4M | -1.3% | $54.6M | 10.3% |
| Q2 2024 | $543.3M | -4.6% | $59.1M | 10.9% |
| Q1 2024 | $460.9M | -4.9% | $33.0M | 7.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 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 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 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 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.4M | $36.4M | $116.1M | $110.3M | $-19.5M | $51.5M | $102.7M | $104.2M |