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Side-by-side financial comparison of BIO-RAD LABORATORIES, INC. (BIO) and FRANKLIN ELECTRIC CO INC (FELE). Click either name above to swap in a different company.

BIO-RAD LABORATORIES, INC. is the larger business by last-quarter revenue ($693.2M vs $500.4M, roughly 1.4× FRANKLIN ELECTRIC CO INC). BIO-RAD LABORATORIES, INC. runs the higher net margin — 103.9% vs 6.9%, a 96.9% gap on every dollar of revenue. On growth, FRANKLIN ELECTRIC CO INC posted the faster year-over-year revenue change (9.9% vs 3.9%). Over the past eight quarters, BIO-RAD LABORATORIES, INC.'s revenue compounded faster (6.5% CAGR vs -4.0%).

Bio-Rad Laboratories, Inc. is an American developer and manufacturer of specialized technological products for the life science research and clinical diagnostics markets. The company was founded in 1952 in Berkeley, California, by husband and wife team David and Alice Schwartz, both graduates of the University of California, Berkeley. Bio-Rad is based in Hercules, California, and has operations worldwide.

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...

BIO vs FELE — Head-to-Head

Bigger by revenue
BIO
BIO
1.4× larger
BIO
$693.2M
$500.4M
FELE
Growing faster (revenue YoY)
FELE
FELE
+6.1% gap
FELE
9.9%
3.9%
BIO
Higher net margin
BIO
BIO
96.9% more per $
BIO
103.9%
6.9%
FELE
Faster 2-yr revenue CAGR
BIO
BIO
Annualised
BIO
6.5%
-4.0%
FELE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BIO
BIO
FELE
FELE
Revenue
$693.2M
$500.4M
Net Profit
$720.0M
$34.7M
Gross Margin
49.8%
35.0%
Operating Margin
-17.2%
9.6%
Net Margin
103.9%
6.9%
Revenue YoY
3.9%
9.9%
Net Profit YoY
200.6%
10.6%
EPS (diluted)
$26.59
$0.77

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BIO
BIO
FELE
FELE
Q1 26
$500.4M
Q4 25
$693.2M
$506.9M
Q3 25
$653.0M
$581.7M
Q2 25
$651.6M
$587.4M
Q1 25
$585.4M
$455.2M
Q4 24
$667.5M
$485.7M
Q3 24
$649.7M
$531.4M
Q2 24
$638.5M
$543.3M
Net Profit
BIO
BIO
FELE
FELE
Q1 26
$34.7M
Q4 25
$720.0M
$39.3M
Q3 25
$-341.9M
$16.7M
Q2 25
$317.8M
$60.1M
Q1 25
$64.0M
$31.0M
Q4 24
$-715.8M
$33.7M
Q3 24
$653.2M
$54.6M
Q2 24
$-2.2B
$59.1M
Gross Margin
BIO
BIO
FELE
FELE
Q1 26
35.0%
Q4 25
49.8%
33.8%
Q3 25
52.6%
35.9%
Q2 25
53.0%
36.1%
Q1 25
52.3%
36.0%
Q4 24
51.2%
33.8%
Q3 24
54.8%
35.7%
Q2 24
55.6%
36.8%
Operating Margin
BIO
BIO
FELE
FELE
Q1 26
9.6%
Q4 25
-17.2%
10.2%
Q3 25
10.0%
14.6%
Q2 25
11.8%
15.0%
Q1 25
4.0%
9.7%
Q4 24
8.7%
8.9%
Q3 24
9.9%
13.8%
Q2 24
15.9%
14.6%
Net Margin
BIO
BIO
FELE
FELE
Q1 26
6.9%
Q4 25
103.9%
7.7%
Q3 25
-52.4%
2.9%
Q2 25
48.8%
10.2%
Q1 25
10.9%
6.8%
Q4 24
-107.2%
6.9%
Q3 24
100.5%
10.3%
Q2 24
-339.2%
10.9%
EPS (diluted)
BIO
BIO
FELE
FELE
Q1 26
$0.77
Q4 25
$26.59
$0.87
Q3 25
$-12.70
$0.37
Q2 25
$11.67
$1.31
Q1 25
$2.29
$0.67
Q4 24
$-25.89
$0.73
Q3 24
$23.34
$1.17
Q2 24
$-76.26
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BIO
BIO
FELE
FELE
Cash + ST InvestmentsLiquidity on hand
$1.5B
$80.4M
Total DebtLower is stronger
$1.2B
$134.4M
Stockholders' EquityBook value
$7.5B
$1.3B
Total Assets
$10.6B
$2.0B
Debt / EquityLower = less leverage
0.16×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIO
BIO
FELE
FELE
Q1 26
$80.4M
Q4 25
$1.5B
$99.7M
Q3 25
$1.4B
$102.9M
Q2 25
$1.4B
$104.6M
Q1 25
$1.7B
$84.0M
Q4 24
$1.7B
$220.5M
Q3 24
$1.6B
$106.3M
Q2 24
$1.6B
$58.1M
Total Debt
BIO
BIO
FELE
FELE
Q1 26
$134.4M
Q4 25
$1.2B
$135.2M
Q3 25
$1.2B
$135.2M
Q2 25
$14.5M
Q1 25
$14.9M
Q4 24
$1.2B
$11.6M
Q3 24
$11.6M
Q2 24
$87.2M
Stockholders' Equity
BIO
BIO
FELE
FELE
Q1 26
$1.3B
Q4 25
$7.5B
$1.3B
Q3 25
$6.7B
$1.3B
Q2 25
$7.1B
$1.3B
Q1 25
$6.7B
$1.3B
Q4 24
$6.6B
$1.3B
Q3 24
$7.5B
$1.3B
Q2 24
$6.8B
$1.2B
Total Assets
BIO
BIO
FELE
FELE
Q1 26
$2.0B
Q4 25
$10.6B
$1.9B
Q3 25
$9.7B
$2.0B
Q2 25
$10.2B
$2.0B
Q1 25
$9.5B
$1.9B
Q4 24
$9.4B
$1.8B
Q3 24
$10.6B
$1.8B
Q2 24
$9.7B
$1.8B
Debt / Equity
BIO
BIO
FELE
FELE
Q1 26
0.10×
Q4 25
0.16×
0.10×
Q3 25
0.18×
0.10×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.18×
0.01×
Q3 24
0.01×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BIO
BIO
FELE
FELE
Operating Cash FlowLast quarter
$164.9M
Free Cash FlowOCF − Capex
$119.1M
FCF MarginFCF / Revenue
17.2%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
0.23×
TTM Free Cash FlowTrailing 4 quarters
$374.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIO
BIO
FELE
FELE
Q1 26
Q4 25
$164.9M
$104.2M
Q3 25
$120.9M
$102.7M
Q2 25
$116.5M
$51.5M
Q1 25
$129.9M
$-19.5M
Q4 24
$124.2M
$110.3M
Q3 24
$163.6M
$116.1M
Q2 24
$97.6M
$36.4M
Free Cash Flow
BIO
BIO
FELE
FELE
Q1 26
Q4 25
$119.1M
$88.7M
Q3 25
$89.2M
$91.3M
Q2 25
$70.8M
$39.9M
Q1 25
$95.5M
$-26.3M
Q4 24
$81.2M
$97.5M
Q3 24
$123.4M
$106.6M
Q2 24
$55.4M
$26.1M
FCF Margin
BIO
BIO
FELE
FELE
Q1 26
Q4 25
17.2%
17.5%
Q3 25
13.7%
15.7%
Q2 25
10.9%
6.8%
Q1 25
16.3%
-5.8%
Q4 24
12.2%
20.1%
Q3 24
19.0%
20.1%
Q2 24
8.7%
4.8%
Capex Intensity
BIO
BIO
FELE
FELE
Q1 26
Q4 25
6.6%
3.1%
Q3 25
4.9%
2.0%
Q2 25
7.0%
2.0%
Q1 25
5.9%
1.5%
Q4 24
6.4%
2.6%
Q3 24
6.2%
1.8%
Q2 24
6.6%
1.9%
Cash Conversion
BIO
BIO
FELE
FELE
Q1 26
Q4 25
0.23×
2.65×
Q3 25
6.14×
Q2 25
0.37×
0.86×
Q1 25
2.03×
-0.63×
Q4 24
3.28×
Q3 24
0.25×
2.13×
Q2 24
0.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BIO
BIO

Clinical Diagnostics$425.3M61%
Life Science$267.9M39%

FELE
FELE

Segment breakdown not available.

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